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 | |
|---|---|---|---|---|---|---|
2851
SandRidge Energy
SD
$514M
| $1.34M | ﹤0.01% |
812,188
-416,566
| -34% | -$652K |
|
|
LITS
2852
Lite Strategy Inc
LITS
$32.8M
| $1.34M | ﹤0.01% |
21,448
+1,378
| +7% | +$83K |
|
2853
Optical Cable Corp
OCC
$131M
| $1.33M | ﹤0.01% |
431,893
-2,786
| -0.6% | -$6.95K |
|
|
APHA
2854
DELISTED
Aphria Inc. Common Shares
APHA
| $1.33M | ﹤0.01% |
300,100
| – | – |
|
|
CBD
2855
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $1.33M | ﹤0.01% |
107,525
-20,489
| -16% | -$265K |
|
|
VRAY
2856
DELISTED
ViewRay, Inc.
VRAY
| $1.32M | ﹤0.01% |
378,936
+97,386
| +35% | +$271K |
|
2857
EVI Industries
EVI
$181M
| $1.32M | ﹤0.01% |
51,021
| – | – |
|
2858
Lantronix
LTRX
$240M
| $1.32M | ﹤0.01% |
273,445
+24,497
| +10% | +$107K |
|
2859
Pure Cycle
PCYO
$253M
| $1.32M | ﹤0.01% |
146,041
+1,603
| +1% | +$15.1K |
|
2860
Silvercrest Asset Management
SAMG
$79M
| $1.31M | ﹤0.01% |
125,670
+1,148
| +0.9% | +$13.5K |
|
2861
Transact Technologies
TACT
$53.2M
| $1.31M | ﹤0.01% |
262,678
-13,392
| -5% | -$63.3K |
|
|
RRD
2862
DELISTED
RR Donnelley & Sons Co.
RRD
| $1.31M | ﹤0.01% |
897,381
-131,947
| -13% | -$168K |
|
2863
Information Services Group
III
$199M
| $1.3M | ﹤0.01% |
615,939
+2,928
| +0.5% | +$6.2K |
|
|
SBT
2864
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $1.28M | ﹤0.01% |
427,027
-3,811
| -0.9% | -$12.2K |
|
2865
Crown Crafts
CRWS
$31.7M
| $1.28M | ﹤0.01% |
226,491
-2,077
| -0.9% | -$11K |
|
|
HTT
2866
High Templar Tech Ltd
HTT
$379M
| $1.26M | ﹤0.01% |
1,020,143
-14,013
| -1% | -$23.6K |
|
2867
Occidental Petroleum Corp Warrants
OXY.WS
$33B
| $1.26M | ﹤0.01% |
+421,349
| New | +$1.35M |
|
2868
First Community Corp
FCCO
$321M
| $1.26M | ﹤0.01% |
92,693
-239
| -0.3% | -$3.27K |
|
2869
Data I/O
DAIO
$29.2M
| $1.26M | ﹤0.01% |
396,844
-8,328
| -2% | -$29.3K |
|
|
MMAC
2870
DELISTED
MMA Capital Holdings, Inc. Common Stock
MMAC
| $1.25M | ﹤0.01% |
55,622
| – | – |
|
|
MLVF
2871
DELISTED
Malvern Bancorp, Inc.
MLVF
| $1.25M | ﹤0.01% |
105,782
| – | – |
|
2872
Ceragon Networks
CRNT
$197M
| $1.25M | ﹤0.01% |
500,905
| – | – |
|
2873
Teekay
TK
$1.01B
| $1.24M | ﹤0.01% |
557,391
+9,018
| +2% | +$22.1K |
|
|
CEA
2874
DELISTED
China Eastern Airlines
CEA
| $1.24M | ﹤0.01% |
57,548
| – | – |
|
2875
Auburn National Bancorp
AUBN
$91.3M
| $1.24M | ﹤0.01% |
34,210
| – | – |
|
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.