Dimensional Fund Advisors Portfolio holdings
Dimensional Fund Advisors (DFA), founded in 1981 by David Booth and Rex Sinquefield and headquartered in Austin, Texas, is an investment management firm renowned for its evidence-based, low-cost approach to investing, grounded in academic research from Nobel laureates like Eugene Fama and Kenneth French. Managing hundreds of billions in assets, DFA focuses on systematic, passive strategies that tilt toward factors like small-cap, value, and profitability stocks, primarily through mutual funds and institutional portfolios rather than retail brokerage services. The firm’s philosophy eschews market timing and stock picking, instead emphasizing diversification and efficient market exposure, often requiring investors to access its funds through approved financial advisors. With a global presence and a reputation for disciplined, data-driven investing, DFA has carved a unique niche in the industry, blending academic rigor with practical application.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$221M |
| 2 |
WillScot Mobile Mini Holdings
WSC
|
+$137M |
| 3 |
First Horizon
FHN
|
+$120M |
| 4 |
Alibaba
BABA
|
+$116M |
| 5 |
Brookfield Renewable
BEPC
|
+$85.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$732M |
| 2 |
TECD
Tech Data Corp
TECD
|
+$350M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$242M |
| 4 |
Pfizer
PFE
|
+$211M |
| 5 |
LM
Legg Mason, Inc.
LM
|
+$177M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 15.39% |
| 3 | Industrials | 13.31% |
| 4 | Consumer Discretionary | 12.36% |
| 5 | Healthcare | 11.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2676
Innovative Solutions & Support
ISSC
$327M
| $2.54M | ﹤0.01% |
372,024
-24,074
| -6% | -$151K |
|
2677
Impinj
PI
$4.62B
| $2.54M | ﹤0.01% |
96,564
+16,874
| +21% | +$446K |
|
|
HWCC
2678
DELISTED
Houston Wire & Cable Company
HWCC
| $2.53M | ﹤0.01% |
1,012,050
-14,218
| -1% | -$37.3K |
|
|
CATC
2679
DELISTED
CAMBRIDGE BANCORP
CATC
| $2.53M | ﹤0.01% |
47,595
+3,199
| +7% | +$173K |
|
2680
Airgain
AIRG
$73.4M
| $2.52M | ﹤0.01% |
189,168
+7,412
| +4% | +$95.1K |
|
2681
CSP Inc
CSPI
$79.7M
| $2.51M | ﹤0.01% |
582,680
| – | – |
|
|
SENEB
2682
Seneca Foods Class B
SENEB
| $2.49M | ﹤0.01% |
69,899
-300
| -0.4% | -$12.5K |
|
|
DGICB
2683
Donegal Group Class B
DGICB
$830M
| $2.48M | ﹤0.01% |
215,994
| – | – |
|
|
KALV
2684
DELISTED
KalVista Pharmaceuticals
KALV
| $2.47M | ﹤0.01% |
196,181
+2,000
| +1% | +$25K |
|
2685
Parke Bancorp
PKBK
$401M
| $2.46M | ﹤0.01% |
206,501
+1,162
| +0.6% | +$14.5K |
|
2686
Halozyme
HALO
$9.79B
| $2.44M | ﹤0.01% |
92,931
-9,382
| -9% | -$261K |
|
|
YRD
2687
Yiren Digital
YRD
$97.1M
| $2.44M | ﹤0.01% |
829,458
+19,995
| +2% | +$69.2K |
|
2688
Kingstone Companies
KINS
$289M
| $2.43M | ﹤0.01% |
412,686
-20,085
| -5% | -$113K |
|
2689
Americold
COLD
$4.02B
| $2.43M | ﹤0.01% |
67,894
+26,451
| +64% | +$1,000K |
|
|
IEC
2690
DELISTED
IEC Electronics Corp.
IEC
| $2.42M | ﹤0.01% |
280,361
+3,300
| +1% | +$28.9K |
|
|
IMOS
2691
ChipMOS TECHNOLOGIES
IMOS
$1.65B
| $2.42M | ﹤0.01% |
125,508
-700
| -0.6% | -$14.5K |
|
2692
CarParts.com
PRTS
$43.7M
| $2.41M | ﹤0.01% |
22,283
+485
| +2% | +$59.4K |
|
2693
Avantor
AVTR
$9.32B
| $2.41M | ﹤0.01% |
107,009
+31,832
| +42% | +$662K |
|
|
VNTR
2694
DELISTED
Venator Materials PLC
VNTR
| $2.38M | ﹤0.01% |
1,235,043
-35,834
| -3% | -$69.8K |
|
2695
Codexis
CDXS
$151M
| $2.38M | ﹤0.01% |
202,533
+22,316
| +12% | +$278K |
|
|
WSO.B
2696
Watsco Inc Class B
WSO.B
$13.3B
| $2.38M | ﹤0.01% |
10,265
| – | – |
|
|
HNP
2697
DELISTED
Huaneng Power Intl, Inc.
HNP
| $2.37M | ﹤0.01% |
153,723
| – | – |
|
2698
Vermilion Energy
VET
$1.82B
| $2.36M | ﹤0.01% |
1,007,858
| – | – |
|
|
UBFO
2699
DELISTED
United Security Bancshares
UBFO
| $2.36M | ﹤0.01% |
385,818
-27,652
| -7% | -$174K |
|
|
PMBC
2700
DELISTED
Pacific Mercantile Bancorp
PMBC
| $2.33M | ﹤0.01% |
626,807
-3,946
| -0.6% | -$14.5K |
|
Similar funds
Dimensional Fund Advisors's Q3 2020 Portfolio in Review
As of Q3 2020, Dimensional Fund Advisors held 3,412 positions worth $236B, up 3.6% from $228B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q3 2020: portfolio turnover was 4.5%. Dimensional Fund Advisors opened 74 new positions and exited 81, leaving the 3,412-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q3 2020 buy was WillScot Mobile Mini Holdings: 8,572,662 shares worth $143M.
- Dimensional Fund Advisors added most to Royal Dutch Shell PLC ADS Class B in Q3 2020, an estimated $221M increase.
- Dimensional Fund Advisors's biggest Q3 2020 reduction was Apple, cutting an estimated $732M.
- Dimensional Fund Advisors fully exited Tech Data Corp in Q3 2020, selling an estimated $350M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $236B portfolio in Q3 2020.
- Dimensional Fund Advisors opened 74 new positions and closed 81 in Q3 2020.
- Dimensional Fund Advisors's portfolio value rose 3.6% quarter-over-quarter to $236B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2020, filed 12 Nov 2020.