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 | |
|---|---|---|---|---|---|---|
2776
Citizens Community Bancorp
CZWI
$206M
| $2.28M | ﹤0.01% |
209,107
| – | – |
|
2777
Karyopharm Therapeutics
KPTI
$161M
| $2.27M | ﹤0.01% |
9,774
-36,733
| -79% | -$8.51M |
|
|
CRON
2778
Cronos Group
CRON
$1.06B
| $2.26M | ﹤0.01% |
326,004
| – | – |
|
2779
Melco Resorts & Entertainment
MLCO
$2.19B
| $2.23M | ﹤0.01% |
120,409
| – | – |
|
2780
Fresenius Medical Care
FMS
$13.3B
| $2.23M | ﹤0.01% |
53,708
| – | – |
|
2781
Gray Media Inc
GTN.A
$670M
| $2.23M | ﹤0.01% |
133,310
-7,268
| -5% | -$102K |
|
|
ALYA
2782
DELISTED
Alithya Group Inc Class A Subordinate Voting Shares
ALYA
| $2.21M | ﹤0.01% |
1,051,543
-4,703
| -0.4% | -$11.8K |
|
2783
CSP Inc
CSPI
$81.9M
| $2.19M | ﹤0.01% |
567,282
-15,398
| -3% | -$60.7K |
|
2784
B2Gold
BTG
$5.12B
| $2.19M | ﹤0.01% |
391,111
+49,198
| +14% | +$301K |
|
|
HNP
2785
DELISTED
Huaneng Power Intl, Inc.
HNP
| $2.18M | ﹤0.01% |
151,550
-2,173
| -1% | -$33.1K |
|
2786
Chewy
CHWY
$9.38B
| $2.18M | ﹤0.01% |
24,277
+18,123
| +294% | +$1.32M |
|
|
MODN
2787
DELISTED
MODEL N, INC.
MODN
| $2.16M | ﹤0.01% |
60,528
+48,238
| +392% | +$1.67M |
|
|
NGM
2788
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $2.15M | ﹤0.01% |
70,932
+22,500
| +46% | +$492K |
|
2789
LivePerson
LPSN
$22.9M
| $2.15M | ﹤0.01% |
2,302
-224
| -9% | -$193K |
|
2790
Sutro Biopharma
STRO
$393M
| $2.14M | ﹤0.01% |
+9,855
| New | +$1.63M |
|
|
RNWK
2791
DELISTED
RealNetworks Inc
RNWK
| $2.14M | ﹤0.01% |
1,370,703
-47,059
| -3% | -$69.1K |
|
|
SYBX
2792
DELISTED
Synlogic
SYBX
| $2.12M | ﹤0.01% |
65,429
-3,702
| -5% | -$118K |
|
|
XIN
2793
DELISTED
Xinyuan Real Estate
XIN
| $2.1M | ﹤0.01% |
95,506
+586
| +0.6% | +$12.7K |
|
2794
StoneCo
STNE
$2.71B
| $2.1M | ﹤0.01% |
25,012
+1,888
| +8% | +$126K |
|
2795
Information Services Group
III
$199M
| $2.09M | ﹤0.01% |
637,789
+21,850
| +4% | +$57.1K |
|
2796
SB Financial Group
SBFG
$167M
| $2.09M | ﹤0.01% |
120,110
+298
| +0.2% | +$4.84K |
|
|
BHR
2797
Braemar Hotels & Resorts
BHR
$160M
| $2.09M | ﹤0.01% |
452,371
-1,730
| -0.4% | -$6.06K |
|
|
APHA
2798
DELISTED
Aphria Inc. Common Shares
APHA
| $2.08M | ﹤0.01% |
300,100
| – | – |
|
|
SBOW
2799
DELISTED
SilverBow Resources, Inc.
SBOW
| $2.08M | ﹤0.01% |
390,852
-1,172
| -0.3% | -$6K |
|
2800
Descartes Systems
DSGX
$6.48B
| $2.05M | ﹤0.01% |
35,065
+200
| +0.6% | +$11.3K |
|
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.