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 | |
|---|---|---|---|---|---|---|
|
KL
2751
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $1.99M | ﹤0.01% |
40,728
+8,504
| +26% | +$426K |
|
2752
LivePerson
LPSN
$21.8M
| $1.97M | ﹤0.01% |
+2,526
| New | +$1.9M |
|
2753
Espey Mfg & Electronics Corp
ESP
$177M
| $1.96M | ﹤0.01% |
103,387
-1,243
| -1% | -$22.3K |
|
|
KDNY
2754
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $1.95M | ﹤0.01% |
160,303
-1,256
| -0.8% | -$16.8K |
|
|
DALN
2755
DELISTED
DallasNews
DALN
| $1.94M | ﹤0.01% |
344,709
-20,443
| -6% | -$128K |
|
2756
Chemung Financial Corp
CHMG
$393M
| $1.94M | ﹤0.01% |
67,299
-121
| -0.2% | -$3.45K |
|
|
MNTX
2757
DELISTED
Manitex International, Inc.
MNTX
| $1.94M | ﹤0.01% |
464,527
-2,501
| -0.5% | -$11.2K |
|
|
BHVN
2758
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $1.93M | ﹤0.01% |
+29,608
| New | +$1.94M |
|
|
DZSI
2759
DELISTED
DZS Inc. Common Stock
DZSI
| $1.92M | ﹤0.01% |
205,318
+7,454
| +4% | +$74.8K |
|
2760
Energy Recovery
ERII
$446M
| $1.9M | ﹤0.01% |
231,272
+5,187
| +2% | +$41.6K |
|
2761
FerroAtlántica
GSM
$594M
| $1.9M | ﹤0.01% |
2,832,276
-1,056,516
| -27% | -$560K |
|
|
CMCM
2762
Cheetah Mobile
CMCM
$86.6M
| $1.89M | ﹤0.01% |
183,311
-13,521
| -7% | -$147K |
|
2763
Northern Oil and Gas
NOG
$2.3B
| $1.89M | ﹤0.01% |
330,452
-167,945
| -34% | -$1.19M |
|
|
VRN
2764
DELISTED
Veren
VRN
| $1.87M | ﹤0.01% |
1,530,673
-239,320
| -14% | -$389K |
|
|
MN
2765
DELISTED
MANNING & NAPIER, INC.
MN
| $1.85M | ﹤0.01% |
432,939
-1,200
| -0.3% | -$4.37K |
|
|
ASRT
2766
DELISTED
Assertio
ASRT
| $1.84M | ﹤0.01% |
46,202
-8,230
| -15% | -$400K |
|
2767
A10 Networks
ATEN
$2.13B
| $1.84M | ﹤0.01% |
288,866
+8,555
| +3% | +$65.6K |
|
2768
Allogene Therapeutics
ALLO
$649M
| $1.83M | ﹤0.01% |
+48,548
| New | +$1.83M |
|
|
CURO
2769
DELISTED
CURO Group Holdings Corp.
CURO
| $1.83M | ﹤0.01% |
259,468
+13,164
| +5% | +$100K |
|
2770
Duluth Holdings
DLTH
$155M
| $1.83M | ﹤0.01% |
149,397
+1,757
| +1% | +$16.3K |
|
|
AC
2771
DELISTED
Associated Capital Group
AC
| $1.82M | ﹤0.01% |
50,464
+1,743
| +4% | +$66.5K |
|
2772
Kewaunee Scientific
KEQU
$102M
| $1.82M | ﹤0.01% |
203,477
-4,521
| -2% | -$43.1K |
|
|
XIN
2773
DELISTED
Xinyuan Real Estate
XIN
| $1.8M | ﹤0.01% |
94,920
-1,192
| -1% | -$24.7K |
|
2774
Peoples Financial Services
PFIS
$704M
| $1.8M | ﹤0.01% |
51,739
+2,411
| +5% | +$88.3K |
|
2775
Tencent Music
TME
$15.5B
| $1.78M | ﹤0.01% |
+120,757
| New | +$1.88M |
|
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.