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 | |
|---|---|---|---|---|---|---|
2801
Ericsson
ERIC
$32.2B
| $1.64M | ﹤0.01% |
150,899
+1,811
| +1% | +$20K |
|
|
CRON
2802
Cronos Group
CRON
$1.06B
| $1.64M | ﹤0.01% |
326,004
| – | – |
|
|
CMLS
2803
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $1.63M | ﹤0.01% |
302,905
| – | – |
|
|
ATXS
2804
DELISTED
Astria Therapeutics
ATXS
| $1.62M | ﹤0.01% |
43,537
+1,009
| +2% | +$40K |
|
|
ISEE
2805
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $1.61M | ﹤0.01% |
286,121
+24,400
| +9% | +$116K |
|
2806
Ultrapar
UGP
$6.95B
| $1.61M | ﹤0.01% |
469,709
-164,129
| -26% | -$604K |
|
2807
Chicago Rivet & Machine Co
CVR
$10M
| $1.6M | ﹤0.01% |
74,142
-1,370
| -2% | -$28.4K |
|
2808
TETRA Technologies
TTI
$1.14B
| $1.6M | ﹤0.01% |
3,130,486
-1,472,792
| -32% | -$900K |
|
|
SIEN
2809
DELISTED
Sientra, Inc.
SIEN
| $1.59M | ﹤0.01% |
46,819
+1,097
| +2% | +$41.6K |
|
2810
NXP Semiconductors
NXPI
$57.8B
| $1.59M | ﹤0.01% |
12,760
| – | – |
|
2811
Lifeway Foods
LWAY
$455M
| $1.59M | ﹤0.01% |
315,279
-329
| -0.1% | -$1.37K |
|
|
PCH
2812
DELISTED
PotlatchDeltic
PCH
| $1.58M | ﹤0.01% |
37,619
+5,337
| +17% | +$228K |
|
|
STXB
2813
DELISTED
Spirit of Texas Bancshares, Inc. Common Stock
STXB
| $1.57M | ﹤0.01% |
140,804
+2,029
| +1% | +$23.9K |
|
|
ARC
2814
DELISTED
ARC Document Solutions, Inc.
ARC
| $1.57M | ﹤0.01% |
1,744,818
-527,929
| -23% | -$558K |
|
2815
Ohio Valley Banc Corp
OVBC
$198M
| $1.57M | ﹤0.01% |
75,906
| – | – |
|
2816
Levi Strauss
LEVI
$9.44B
| $1.56M | ﹤0.01% |
116,611
+91,710
| +368% | +$1.16M |
|
|
ALLK
2817
DELISTED
Allakos
ALLK
| $1.56M | ﹤0.01% |
19,163
+8,063
| +73% | +$655K |
|
2818
ImmunityBio
IBRX
$7.51B
| $1.55M | ﹤0.01% |
223,412
+6,609
| +3% | +$65.9K |
|
|
SBOW
2819
DELISTED
SilverBow Resources, Inc.
SBOW
| $1.54M | ﹤0.01% |
392,024
| – | – |
|
2820
SB Financial Group
SBFG
$164M
| $1.54M | ﹤0.01% |
119,812
| – | – |
|
2821
Arvinas
ARVN
$518M
| $1.52M | ﹤0.01% |
64,338
+4,897
| +8% | +$142K |
|
|
MBCN
2822
DELISTED
Middlefield Banc Corp
MBCN
| $1.52M | ﹤0.01% |
78,623
+193
| +0.2% | +$3.56K |
|
2823
James Hardie Industries
JHX
$15.3B
| $1.51M | ﹤0.01% |
63,501
| – | – |
|
2824
Security National Financial
SNFCA
$244M
| $1.51M | ﹤0.01% |
316,407
+573
| +0.2% | +$2.68K |
|
|
ALR
2825
DELISTED
AlerisLife Inc
ALR
| $1.51M | ﹤0.01% |
297,455
+6,340
| +2% | +$30.2K |
|
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.