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 | |
|---|---|---|---|---|---|---|
2801
Amneal Pharmaceuticals
AMRX
$5.99B
| $2.05M | ﹤0.01% |
448,648
+152,832
| +52% | +$677K |
|
2802
CPI Aerostructures
CVU
$66M
| $2.05M | ﹤0.01% |
534,467
-2,218
| -0.4% | -$6.46K |
|
|
GDP
2803
DELISTED
Goodrich Petroleum Corporation Common Stock
GDP
| $2.04M | ﹤0.01% |
202,325
+8,520
| +4% | +$89.5K |
|
2804
Asure Software
ASUR
$237M
| $2.04M | ﹤0.01% |
287,131
+13,281
| +5% | +$101K |
|
2805
NXP Semiconductors
NXPI
$65.4B
| $2.03M | ﹤0.01% |
12,760
| – | – |
|
|
DALN
2806
DELISTED
DallasNews
DALN
| $2.03M | ﹤0.01% |
335,877
-8,832
| -3% | -$51K |
|
2807
Security National Financial
SNFCA
$252M
| $2.01M | ﹤0.01% |
322,972
+6,565
| +2% | +$37K |
|
|
ELVT
2808
DELISTED
Elevate Credit, Inc.
ELVT
| $2.01M | ﹤0.01% |
504,321
+29,727
| +6% | +$87.5K |
|
2809
Daily Journal
DJCO
$815M
| $2M | ﹤0.01% |
4,948
+227
| +5% | +$64.4K |
|
|
BDSI
2810
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $2M | ﹤0.01% |
475,700
+32,645
| +7% | +$126K |
|
2811
Electromed
ELMD
$327M
| $1.99M | ﹤0.01% |
203,219
| – | – |
|
|
ARC
2812
DELISTED
ARC Document Solutions, Inc.
ARC
| $1.99M | ﹤0.01% |
1,345,550
-399,268
| -23% | -$508K |
|
2813
SandRidge Energy
SD
$485M
| $1.97M | ﹤0.01% |
636,790
-175,398
| -22% | -$430K |
|
2814
Ultrapar
UGP
$6.74B
| $1.97M | ﹤0.01% |
435,604
-34,105
| -7% | -$129K |
|
|
AFMD
2815
DELISTED
Affimed
AFMD
| $1.95M | ﹤0.01% |
33,512
-2,523
| -7% | -$119K |
|
|
ISEE
2816
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $1.94M | ﹤0.01% |
281,021
-5,100
| -2% | -$32.6K |
|
2817
James Hardie Industries
JHX
$15.6B
| $1.94M | ﹤0.01% |
65,406
+1,905
| +3% | +$51.9K |
|
|
SBT
2818
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $1.94M | ﹤0.01% |
426,607
-420
| -0.1% | -$1.63K |
|
2819
10x Genomics
TXG
$5.97B
| $1.93M | ﹤0.01% |
13,622
+7,671
| +129% | +$1.11M |
|
|
SUNE
2820
SUNation Energy
SUNE
$8.86M
| $1.91M | ﹤0.01% |
1
| – | – |
|
2821
Levi Strauss
LEVI
$9.8B
| $1.91M | ﹤0.01% |
95,145
-21,466
| -18% | -$384K |
|
|
FCBP
2822
DELISTED
First Choice Bancorp Common Stock
FCBP
| $1.91M | ﹤0.01% |
103,165
+1,268
| +1% | +$20.1K |
|
2823
Network-1 Technologies
NTIP
$37.3M
| $1.91M | ﹤0.01% |
516,651
-3,155
| -0.6% | -$9.51K |
|
2824
Peoples Financial Services
PFIS
$720M
| $1.9M | ﹤0.01% |
51,775
+36
| +0.1% | +$1.36K |
|
|
ACH
2825
DELISTED
Alum Corp of China Ltd
ACH
| $1.9M | ﹤0.01% |
218,886
-44,126
| -17% | -$317K |
|
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.