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 | |
|---|---|---|---|---|---|---|
2726
Norwood Financial Corp
NWFL
$370M
| $2.1M | ﹤0.01% |
86,294
+1,886
| +2% | +$48.7K |
|
2727
Civeo
CVEO
$345M
| $2.1M | ﹤0.01% |
258,644
-51,049
| -16% | -$456K |
|
|
SYBX
2728
DELISTED
Synlogic
SYBX
| $2.1M | ﹤0.01% |
69,131
-7,607
| -10% | -$250K |
|
|
VIA
2729
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $2.09M | ﹤0.01% |
50,270
+112
| +0.2% | +$4.54K |
|
2730
BGSF Inc
BGSF
$59.5M
| $2.08M | ﹤0.01% |
245,001
-11,708
| -5% | -$113K |
|
2731
MVB Financial
MVBF
$397M
| $2.07M | ﹤0.01% |
129,563
+1,263
| +1% | +$17.9K |
|
2732
Asure Software
ASUR
$232M
| $2.07M | ﹤0.01% |
273,850
| – | – |
|
|
ESXB
2733
DELISTED
Community Bankers Trust Corporation
ESXB
| $2.06M | ﹤0.01% |
405,012
+3,252
| +0.8% | +$16.5K |
|
2734
Embotelladora Andina Series B
AKO.B
$4.74B
| $2.05M | ﹤0.01% |
157,736
-4,821
| -3% | -$67.8K |
|
2735
argenx
ARGX
$53.4B
| $2.05M | ﹤0.01% |
7,799
+970
| +14% | +$233K |
|
|
CPRX
2736
DELISTED
Catalyst Pharmaceutical
CPRX
| $2.04M | ﹤0.01% |
687,234
+45,004
| +7% | +$176K |
|
2737
Varonis Systems
VRNS
$4.59B
| $2.04M | ﹤0.01% |
+53,070
| New | +$1.98M |
|
2738
LSB Industries
LXU
$783M
| $2.04M | ﹤0.01% |
1,634,801
-393,004
| -19% | -$494K |
|
|
HIL
2739
DELISTED
Hill International, Inc. Common Stock
HIL
| $2.04M | ﹤0.01% |
1,542,098
-233,553
| -13% | -$337K |
|
|
GFED
2740
DELISTED
Guaranty Federal Bancshares In
GFED
| $2.03M | ﹤0.01% |
146,341
-200
| -0.1% | -$2.88K |
|
2741
Krystal Biotech
KRYS
$10.1B
| $2.02M | ﹤0.01% |
46,954
+11,096
| +31% | +$482K |
|
2742
Melco Resorts & Entertainment
MLCO
$2.22B
| $2M | ﹤0.01% |
120,409
| – | – |
|
|
MSON
2743
DELISTED
Misonix Inc
MSON
| $2M | ﹤0.01% |
170,959
-35,348
| -17% | -$459K |
|
|
CASA
2744
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $2M | ﹤0.01% |
495,889
+1,900
| +0.4% | +$8.91K |
|
2745
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.84B
| $2M | ﹤0.01% |
+47,247
| New | +$1.76M |
|
2746
Investar Holding Corp
ISTR
$415M
| $1.99M | ﹤0.01% |
155,318
| – | – |
|
2747
Nokia
NOK
$51B
| $1.99M | ﹤0.01% |
508,831
+146,571
| +40% | +$659K |
|
|
RJET
2748
Republic Airways Holdings
RJET
$967M
| $1.99M | ﹤0.01% |
44,944
| – | – |
|
2749
Descartes Systems
DSGX
$6.44B
| $1.99M | ﹤0.01% |
34,865
+8,500
| +32% | +$470K |
|
2750
Pixelworks
PXLW
$38.2M
| $1.99M | ﹤0.01% |
80,759
+1,940
| +2% | +$62.7K |
|
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.