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 |
Concentrix
CNXC
|
+$196M |
| 2 |
Tesla
TSLA
|
+$162M |
| 3 |
PROG Holdings
PRG
|
+$150M |
| 4 |
Morgan Stanley
MS
|
+$120M |
| 5 |
Unilever
UL
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$284M |
| 2 |
Comcast
CMCSA
|
+$222M |
| 3 |
ExxonMobil
XOM
|
+$166M |
| 4 |
AAN.A
The Aaron's Company Inc Class A
AAN.A
|
+$165M |
| 5 |
TD Synnex
SNX
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.83% |
| 2 | Technology | 16.31% |
| 3 | Industrials | 13.47% |
| 4 | Consumer Discretionary | 12.13% |
| 5 | Healthcare | 10.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SOHU
2701
Sohu.com
SOHU
$346M
| $2.89M | ﹤0.01% |
181,463
| – | – |
|
2702
Sabesp
SBS
$19.4B
| $2.89M | ﹤0.01% |
1,735,005
+7,219
| +0.4% | +$11.7K |
|
2703
Personalis
PSNL
$1.27B
| $2.88M | ﹤0.01% |
+78,663
| New | +$2.38M |
|
2704
Americold
COLD
$4.17B
| $2.87M | ﹤0.01% |
76,939
+9,045
| +13% | +$325K |
|
|
YRD
2705
Yiren Digital
YRD
$98.9M
| $2.87M | ﹤0.01% |
859,040
+29,582
| +4% | +$101K |
|
2706
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.95B
| $2.87M | ﹤0.01% |
45,229
-2,018
| -4% | -$103K |
|
|
ESXB
2707
DELISTED
Community Bankers Trust Corporation
ESXB
| $2.85M | ﹤0.01% |
422,592
+17,580
| +4% | +$107K |
|
2708
ARKO Corp
ARKO
$901M
| $2.85M | ﹤0.01% |
+316,717
| New | +$3.11M |
|
2709
RGC Resources
RGCO
$239M
| $2.85M | ﹤0.01% |
119,671
-215
| -0.2% | -$5.2K |
|
2710
Cloudflare
NET
$93.7B
| $2.84M | ﹤0.01% |
37,432
+19,809
| +112% | +$1.3M |
|
2711
Applied Optoelectronics
AAOI
$7.07B
| $2.84M | ﹤0.01% |
333,903
-6,113
| -2% | -$55.7K |
|
|
SOGO
2712
DELISTED
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
| $2.79M | ﹤0.01% |
342,204
| – | – |
|
|
CMBT
2713
CMB.TECH NV
CMBT
$4.47B
| $2.79M | ﹤0.01% |
348,236
-4,558
| -1% | -$37.3K |
|
2714
Gaotu Techedu
GOTU
$384M
| $2.77M | ﹤0.01% |
53,650
+24,691
| +85% | +$1.8M |
|
|
SENEB
2715
Seneca Foods Class B
SENEB
| $2.77M | ﹤0.01% |
70,100
+201
| +0.3% | +$8.12K |
|
2716
Elbit Systems
ESLT
$38.4B
| $2.76M | ﹤0.01% |
21,107
+1,894
| +10% | +$228K |
|
|
MTEM
2717
DELISTED
Molecular Templates, Inc.
MTEM
| $2.74M | ﹤0.01% |
19,464
-2,361
| -11% | -$349K |
|
2718
Smith & Nephew
SNN
$13.7B
| $2.74M | ﹤0.01% |
64,907
-36,170
| -36% | -$1.43M |
|
|
TRHC
2719
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $2.73M | ﹤0.01% |
63,656
-407
| -0.6% | -$15.4K |
|
2720
Apyx Medical
APYX
$163M
| $2.73M | ﹤0.01% |
378,559
+10,656
| +3% | +$70.6K |
|
2721
The Joint Corp
JYNT
$123M
| $2.73M | ﹤0.01% |
103,805
+7,877
| +8% | +$180K |
|
|
UBFO
2722
DELISTED
United Security Bancshares
UBFO
| $2.71M | ﹤0.01% |
384,767
-1,051
| -0.3% | -$7.09K |
|
2723
Pixelworks
PXLW
$37.2M
| $2.7M | ﹤0.01% |
79,755
-1,004
| -1% | -$30.3K |
|
2724
Kingstone Companies
KINS
$292M
| $2.69M | ﹤0.01% |
405,269
-7,417
| -2% | -$46.1K |
|
2725
NI Holdings
NODK
$321M
| $2.69M | ﹤0.01% |
163,801
+1,632
| +1% | +$27.7K |
|
Similar funds
Dimensional Fund Advisors's Q4 2020 Portfolio in Review
As of Q4 2020, Dimensional Fund Advisors held 3,414 positions worth $277B, up 17% from $236B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Trading was light in Q4 2020: portfolio turnover was 4.5%. Dimensional Fund Advisors opened 81 new positions and exited 72, leaving the 3,414-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 15% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q4 2020 buy was Concentrix: 1,965,264 shares worth $194M.
- Dimensional Fund Advisors added most to Tesla in Q4 2020, an estimated $162M increase.
- Dimensional Fund Advisors's biggest Q4 2020 reduction was Apple, cutting an estimated $284M.
- Dimensional Fund Advisors fully exited The Aaron's Company Inc Class A in Q4 2020, selling an estimated $165M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $277B portfolio in Q4 2020.
- Dimensional Fund Advisors opened 81 new positions and closed 72 in Q4 2020.
- Dimensional Fund Advisors's portfolio value rose 17% quarter-over-quarter to $277B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2020, filed 11 Feb 2021.