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 | |
|---|---|---|---|---|---|---|
2826
Espey Mfg & Electronics Corp
ESP
$174M
| $1.9M | ﹤0.01% |
100,159
-3,228
| -3% | -$61.9K |
|
|
EB
2827
DELISTED
Eventbrite
EB
| $1.89M | ﹤0.01% |
104,293
+52,159
| +100% | +$730K |
|
2828
Kodiak Sciences
KOD
$2.52B
| $1.88M | ﹤0.01% |
+12,774
| New | +$1.42M |
|
2829
Transact Technologies
TACT
$50.5M
| $1.86M | ﹤0.01% |
262,678
| – | – |
|
|
KL
2830
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $1.84M | ﹤0.01% |
44,654
+3,926
| +10% | +$174K |
|
2831
Aldeyra Therapeutics
ALDX
$95.3M
| $1.84M | ﹤0.01% |
268,032
+40,190
| +18% | +$282K |
|
|
STKL
2832
DELISTED
SunOpta
STKL
| $1.81M | ﹤0.01% |
155,069
| – | – |
|
|
UNAM
2833
DELISTED
Unico American Corp
UNAM
| $1.8M | ﹤0.01% |
396,237
-10,755
| -3% | -$53.7K |
|
2834
EVI Industries
EVI
$194M
| $1.8M | ﹤0.01% |
51,021
| – | – |
|
|
ZNH
2835
DELISTED
China Southern Airlines Company Limited
ZNH
| $1.79M | ﹤0.01% |
60,428
-2,093
| -3% | -$61.9K |
|
2836
Silvercrest Asset Management
SAMG
$80.6M
| $1.78M | ﹤0.01% |
128,471
+2,801
| +2% | +$35.7K |
|
2837
Ohio Valley Banc Corp
OVBC
$198M
| $1.78M | ﹤0.01% |
75,431
-475
| -0.6% | -$10.8K |
|
2838
Twist Bioscience
TWST
$5.51B
| $1.77M | ﹤0.01% |
+12,557
| New | +$1.39M |
|
|
MBCN
2839
DELISTED
Middlefield Banc Corp
MBCN
| $1.77M | ﹤0.01% |
78,623
| – | – |
|
2840
Comstock Resources
CRK
$3.64B
| $1.77M | ﹤0.01% |
404,221
+218,771
| +118% | +$1.08M |
|
|
BRT
2841
BRT Apartments
BRT
$284M
| $1.76M | ﹤0.01% |
116,123
+12,159
| +12% | +$164K |
|
2842
nLIGHT
LASR
$3.57B
| $1.76M | ﹤0.01% |
+54,014
| New | +$1.53M |
|
|
AC
2843
DELISTED
Associated Capital Group
AC
| $1.76M | ﹤0.01% |
50,163
-301
| -0.6% | -$10.7K |
|
|
PCH
2844
DELISTED
PotlatchDeltic
PCH
| $1.75M | ﹤0.01% |
34,988
-2,631
| -7% | -$121K |
|
2845
Pure Cycle
PCYO
$259M
| $1.73M | ﹤0.01% |
154,052
+8,011
| +5% | +$79.5K |
|
2846
Veritone
VERI
$96.7M
| $1.71M | ﹤0.01% |
60,042
-3,096
| -5% | -$53.6K |
|
|
AMK
2847
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $1.7M | ﹤0.01% |
70,317
+30,140
| +75% | +$713K |
|
2848
Lifeway Foods
LWAY
$470M
| $1.7M | ﹤0.01% |
313,472
-1,807
| -0.6% | -$10.3K |
|
|
ABB
2849
DELISTED
ABB Ltd
ABB
| $1.7M | ﹤0.01% |
60,651
+6,784
| +13% | +$181K |
|
2850
Rayonier
RYN
$6.64B
| $1.69M | ﹤0.01% |
63,394
-5,873
| -8% | -$150K |
|
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.