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 | |
|---|---|---|---|---|---|---|
|
AL
251
DELISTED
Air Lease Corp
AL
| $176M | 0.07% |
5,985,487
+70,187
| +1% | +$2.07M |
|
252
Lear
LEA
$7.33B
| $175M | 0.07% |
1,608,351
-79,381
| -5% | -$9.05M |
|
253
Synchrony
SYF
$25.1B
| $174M | 0.07% |
6,663,145
+72,702
| +1% | +$1.77M |
|
254
Diodes
DIOD
$3.77B
| $173M | 0.07% |
3,070,621
-163,756
| -5% | -$8.29M |
|
255
Becton Dickinson
BDX
$45.6B
| $173M | 0.07% |
763,267
-15,636
| -2% | -$3.84M |
|
256
KLA
KLAC
$236B
| $173M | 0.07% |
8,928,820
+107,990
| +1% | +$2.13M |
|
257
Timken Company
TKR
$9.46B
| $173M | 0.07% |
3,187,195
+18,941
| +0.6% | +$978K |
|
258
Qorvo
QRVO
$8.01B
| $172M | 0.07% |
1,334,800
-9,163
| -0.7% | -$1.14M |
|
|
MRSH
259
Marsh
MRSH
$91.4B
| $172M | 0.07% |
1,499,831
+40,599
| +3% | +$4.65M |
|
260
Ameriprise Financial
AMP
$48.1B
| $172M | 0.07% |
1,115,089
+60,333
| +6% | +$9.29M |
|
261
Hewlett Packard
HPE
$62.4B
| $172M | 0.07% |
18,331,551
+378,695
| +2% | +$3.62M |
|
262
GATX Corp
GATX
$6.45B
| $171M | 0.07% |
2,684,025
-152,270
| -5% | -$9.69M |
|
263
Equity Lifestyle Properties
ELS
$12.7B
| $170M | 0.07% |
2,778,231
+193,051
| +7% | +$12.5M |
|
264
Hecla Mining
HL
$10B
| $170M | 0.07% |
33,395,589
+213,321
| +0.6% | +$1.13M |
|
265
Fortune Brands Innovations
FBIN
$5.88B
| $169M | 0.07% |
2,285,974
-8,493
| -0.4% | -$568K |
|
266
Otis Worldwide
OTIS
$27.3B
| $169M | 0.07% |
2,700,967
-45,434
| -2% | -$2.78M |
|
267
Colgate-Palmolive
CL
$73.3B
| $168M | 0.07% |
2,180,033
+94,500
| +5% | +$7.21M |
|
268
U-Haul Holding Co
UHAL
$13.9B
| $168M | 0.07% |
4,706,460
-38,060
| -0.8% | -$1.3M |
|
269
Knight Transportation
KNX
$11.4B
| $167M | 0.07% |
4,108,768
-102,965
| -2% | -$4.52M |
|
270
Aflac
AFL
$64.8B
| $167M | 0.07% |
4,599,397
+42,095
| +0.9% | +$1.53M |
|
271
Marvell Technology
MRVL
$165B
| $166M | 0.07% |
4,174,657
+29,119
| +0.7% | +$1.07M |
|
272
Mohawk Industries
MHK
$7.29B
| $165M | 0.07% |
1,694,717
-33,210
| -2% | -$2.99M |
|
273
Cintas
CTAS
$82.8B
| $165M | 0.07% |
1,985,620
-130,892
| -6% | -$10.1M |
|
274
Phillips 66
PSX
$84.4B
| $165M | 0.07% |
3,181,270
-29,961
| -0.9% | -$1.83M |
|
|
AAN.A
275
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $165M | 0.07% |
2,907,877
-718,017
| -20% | -$40.7M |
|
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.