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 | |
|---|---|---|---|---|---|---|
276
Prudential Financial
PRU
$42.3B
| $203M | 0.07% |
2,603,375
+32,817
| +1% | +$2.37M |
|
277
Diodes
DIOD
$3.95B
| $202M | 0.07% |
2,860,798
-209,823
| -7% | -$13.5M |
|
278
SLB Ltd
SLB
$76.5B
| $201M | 0.07% |
9,197,556
+1,491,341
| +19% | +$28.1M |
|
279
US Foods
USFD
$21.9B
| $201M | 0.07% |
6,022,419
+259,807
| +5% | +$7.41M |
|
|
AEL
280
DELISTED
American Equity Investment Life Holding Company
AEL
| $200M | 0.07% |
7,246,887
-227,299
| -3% | -$6.27M |
|
|
BECN
281
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $200M | 0.07% |
4,983,567
-232,660
| -4% | -$8.5M |
|
282
United Bankshares
UBSI
$6.57B
| $200M | 0.07% |
6,178,478
+14,528
| +0.2% | +$410K |
|
283
Marvell Technology
MRVL
$170B
| $199M | 0.07% |
4,196,336
+21,679
| +0.5% | +$938K |
|
284
Flex
FLEX
$42.5B
| $198M | 0.07% |
14,580,125
-469,431
| -3% | -$5.42M |
|
285
Vulcan Materials
VMC
$36.9B
| $197M | 0.07% |
1,328,546
+20,953
| +2% | +$2.99M |
|
|
BMCH
286
DELISTED
BMC Stock Holdings, Inc
BMCH
| $197M | 0.07% |
3,660,710
-54,108
| -1% | -$2.5M |
|
287
Old National Bancorp
ONB
$10.1B
| $196M | 0.07% |
11,827,427
-430,287
| -4% | -$6.59M |
|
288
Becton Dickinson
BDX
$43.8B
| $195M | 0.07% |
799,772
+36,505
| +5% | +$8.51M |
|
289
Lumen
LUMN
$6.45B
| $195M | 0.07% |
19,980,330
+524,443
| +3% | +$5.18M |
|
290
United Airlines
UAL
$39.1B
| $195M | 0.07% |
4,502,549
-68,174
| -1% | -$2.76M |
|
291
Insight Enterprises
NSIT
$3.71B
| $195M | 0.07% |
2,556,994
-59,812
| -2% | -$4.03M |
|
292
PPG Industries
PPG
$26.4B
| $194M | 0.07% |
1,346,059
+9,957
| +0.7% | +$1.39M |
|
|
PPBI
293
DELISTED
Pacific Premier Bancorp
PPBI
| $194M | 0.07% |
6,191,543
-155,800
| -2% | -$4.33M |
|
|
294
Concentrix
CNXC
$1.5B
| $194M | 0.07% |
+1,965,264
| New | +$196M |
|
295
WillScot Mobile Mini Holdings
WSC
$4.85B
| $193M | 0.07% |
8,351,328
-221,334
| -3% | -$4.46M |
|
296
CBRE Group
CBRE
$42.1B
| $193M | 0.07% |
3,082,986
-3,634
| -0.1% | -$205K |
|
297
Iridium Communications
IRDM
$4.87B
| $193M | 0.07% |
4,905,775
-247,578
| -5% | -$7.78M |
|
298
Kohl's
KSS
$2.1B
| $193M | 0.07% |
4,738,602
-146,579
| -3% | -$4.26M |
|
|
STL
299
DELISTED
Sterling Bancorp
STL
| $192M | 0.07% |
10,654,140
-67,868
| -0.6% | -$1.02M |
|
|
WRK
300
DELISTED
WestRock Company
WRK
| $192M | 0.07% |
4,400,499
-74,176
| -2% | -$3.06M |
|
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.