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 | |
|---|---|---|---|---|---|---|
2901
Daily Journal
DJCO
$809M
| $1.14M | ﹤0.01% |
4,721
| – | – |
|
|
SCX
2902
DELISTED
The L.S. Starrett Company
SCX
| $1.14M | ﹤0.01% |
386,922
-25,692
| -6% | -$85K |
|
|
BHR
2903
Braemar Hotels & Resorts
BHR
$156M
| $1.14M | ﹤0.01% |
454,101
-2,739
| -0.6% | -$6.94K |
|
2904
Atlantic American Corp
AAME
$31.4M
| $1.13M | ﹤0.01% |
566,351
-13,853
| -2% | -$26.5K |
|
2905
Dynatrace
DT
$12.9B
| $1.12M | ﹤0.01% |
27,219
+12,978
| +91% | +$531K |
|
2906
Flanigan's Enterprises
BDL
$77.6M
| $1.11M | ﹤0.01% |
62,199
| – | – |
|
2907
Apollo Global Management
APO
$72.4B
| $1.11M | ﹤0.01% |
+24,786
| New | +$1.19M |
|
2908
Eagle Bancorp Montana
EBMT
$187M
| $1.1M | ﹤0.01% |
62,724
-159
| -0.3% | -$2.69K |
|
|
TCFC
2909
DELISTED
The Community Financial Corporation Common Stock
TCFC
| $1.1M | ﹤0.01% |
51,404
-223
| -0.4% | -$4.97K |
|
2910
CEMIG Preferred Shares
CIG
$6.26B
| $1.09M | ﹤0.01% |
1,107,731
-81,018
| -7% | -$89.3K |
|
2911
Kiniksa Pharmaceuticals
KNSA
$5.8B
| $1.08M | ﹤0.01% |
70,247
+5,167
| +8% | +$97K |
|
2912
Algonquin Power & Utilities
AQN
$4.49B
| $1.07M | ﹤0.01% |
73,644
+23,969
| +48% | +$329K |
|
|
ICBK
2913
DELISTED
County Bancorp, Inc. Common Stock
ICBK
| $1.07M | ﹤0.01% |
56,678
| – | – |
|
2914
Federal Agricultural Mortgage Class A
AGM.A
$1.67B
| $1.06M | ﹤0.01% |
19,243
-1,072
| -5% | -$62.3K |
|
2915
First Capital
FCAP
$212M
| $1.06M | ﹤0.01% |
18,949
| – | – |
|
|
CHMA
2916
DELISTED
Chiasma, Inc. Common Stock
CHMA
| $1.05M | ﹤0.01% |
244,030
+38,365
| +19% | +$184K |
|
|
TBIO
2917
DELISTED
Translate Bio, Inc. Common Stock
TBIO
| $1.04M | ﹤0.01% |
76,816
+25,412
| +49% | +$392K |
|
2918
FreightCar America
RAIL
$261M
| $1.04M | ﹤0.01% |
454,560
-183,332
| -29% | -$324K |
|
|
ASPU
2919
DELISTED
ASPEN GROUP, INC.
ASPU
| $1.04M | ﹤0.01% |
92,833
| – | – |
|
2920
MIND Technology
MIND
$45.3M
| $1.03M | ﹤0.01% |
49,395
-10,896
| -18% | -$244K |
|
|
OBCI
2921
DELISTED
Ocean Bio-Chem Inc
OBCI
| $1.03M | ﹤0.01% |
71,686
+700
| +1% | +$10.6K |
|
2922
Banco Santander
SAN
$202B
| $1.03M | ﹤0.01% |
578,937
-1,969,568
| -77% | -$4.23M |
|
2923
PagSeguro Digital
PAGS
$2.69B
| $1.02M | ﹤0.01% |
27,172
+6,194
| +30% | +$241K |
|
2924
Veracyte
VCYT
$3.7B
| $1.02M | ﹤0.01% |
+31,472
| New | +$1M |
|
|
PVBC
2925
DELISTED
Provident Bancorp
PVBC
| $1.01M | ﹤0.01% |
129,634
-1,081
| -0.8% | -$8.54K |
|
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.