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 |
AbbVie
ABBV
|
+$214M |
| 2 |
Verizon
VZ
|
+$148M |
| 3 |
Otis Worldwide
OTIS
|
+$142M |
| 4 |
Baidu
BIDU
|
+$124M |
| 5 |
Alibaba
BABA
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$324M |
| 2 |
Amazon
AMZN
|
+$313M |
| 3 |
Bank of America
BAC
|
+$264M |
| 4 |
AGN
Allergan plc
AGN
|
+$259M |
| 5 |
Wells Fargo
WFC
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.39% |
| 2 | Financials | 16.29% |
| 3 | Industrials | 12.76% |
| 4 | Healthcare | 11.61% |
| 5 | Consumer Discretionary | 11.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2801
Standard BioTools
LAB
$321M
| $1.75M | ﹤0.01% |
435,516
+112,245
| +35% | +$391K |
|
2802
VICI Properties
VICI
$29.8B
| $1.73M | ﹤0.01% |
85,837
-1,699
| -2% | -$31.1K |
|
|
ELP
2803
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $1.73M | ﹤0.01% |
380,848
-88,205
| -19% | -$390K |
|
2804
United-Guardian
UG
$33.8M
| $1.73M | ﹤0.01% |
116,784
| – | – |
|
2805
Energy Recovery
ERII
$413M
| $1.72M | ﹤0.01% |
226,085
+19,726
| +10% | +$156K |
|
2806
Ohio Valley Banc Corp
OVBC
$199M
| $1.71M | ﹤0.01% |
75,906
+739
| +1% | +$18.5K |
|
|
STXB
2807
DELISTED
Spirit of Texas Bancshares, Inc. Common Stock
STXB
| $1.71M | ﹤0.01% |
138,775
+4,837
| +4% | +$54.7K |
|
2808
MVB Financial
MVBF
$404M
| $1.71M | ﹤0.01% |
128,300
+15,287
| +14% | +$205K |
|
2809
Alector
ALEC
$171M
| $1.7M | ﹤0.01% |
+69,633
| New | +$1.92M |
|
|
CMCM
2810
Cheetah Mobile
CMCM
$90.6M
| $1.69M | ﹤0.01% |
196,832
-3,738
| -2% | -$44K |
|
2811
Madison Square Garden
MSGS
$9.48B
| $1.68M | ﹤0.01% |
11,413
-250,863
| -96% | -$41.4M |
|
|
VSLR
2812
DELISTED
VIVINT SOLAR, INC.
VSLR
| $1.68M | ﹤0.01% |
169,463
+82,734
| +95% | +$595K |
|
|
CBD
2813
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $1.67M | ﹤0.01% |
128,014
-69,015
| -35% | -$833K |
|
|
AFMD
2814
DELISTED
Affimed
AFMD
| $1.66M | ﹤0.01% |
36,035
+2,562
| +8% | +$71.3K |
|
2815
Chicago Rivet & Machine Co
CVR
$10M
| $1.66M | ﹤0.01% |
75,512
-500
| -0.7% | -$10.4K |
|
2816
Kiniksa Pharmaceuticals
KNSA
$6.14B
| $1.66M | ﹤0.01% |
65,080
-791
| -1% | -$16.5K |
|
|
LITS
2817
Lite Strategy Inc
LITS
$32.8M
| $1.66M | ﹤0.01% |
20,070
+5,555
| +38% | +$337K |
|
|
ATXS
2818
DELISTED
Astria Therapeutics
ATXS
| $1.64M | ﹤0.01% |
42,528
+1,532
| +4% | +$54.6K |
|
|
MBCN
2819
DELISTED
Middlefield Banc Corp
MBCN
| $1.63M | ﹤0.01% |
78,430
+4,138
| +6% | +$76.7K |
|
|
FCBP
2820
DELISTED
First Choice Bancorp Common Stock
FCBP
| $1.62M | ﹤0.01% |
99,098
+10,127
| +11% | +$147K |
|
|
PLYM
2821
DELISTED
Plymouth Industrial REIT
PLYM
| $1.62M | ﹤0.01% |
126,778
+8,999
| +8% | +$119K |
|
2822
Tandy Leather Factory
TLF
$19.5M
| $1.61M | ﹤0.01% |
483,024
-5,683
| -1% | -$20.3K |
|
|
HZN
2823
DELISTED
Horizon Global Corporation
HZN
| $1.6M | ﹤0.01% |
727,241
-62,764
| -8% | -$115K |
|
2824
American Superconductor
AMSC
$1.32B
| $1.6M | ﹤0.01% |
196,415
-34,985
| -15% | -$229K |
|
2825
Trupanion
TRUP
$1.12B
| $1.6M | ﹤0.01% |
37,379
+2,837
| +8% | +$91.7K |
|
Similar funds
Dimensional Fund Advisors's Q2 2020 Portfolio in Review
As of Q2 2020, Dimensional Fund Advisors held 3,428 positions worth $228B, up 19% from $192B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q2 2020: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 54 new positions and exited 89, leaving the 3,428-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q2 2020 buy was Otis Worldwide: 2,746,401 shares worth $156M.
- Dimensional Fund Advisors added most to AbbVie in Q2 2020, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q2 2020 reduction was Apple, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited Allergan plc in Q2 2020, selling an estimated $259M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $228B portfolio in Q2 2020.
- Dimensional Fund Advisors opened 54 new positions and closed 89 in Q2 2020.
- Dimensional Fund Advisors's portfolio value rose 19% quarter-over-quarter to $228B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2020, filed 13 Aug 2020.