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 |
AbbVie
ABBV
|
+$214M |
| 2 |
Verizon
VZ
|
+$148M |
| 3 |
Otis Worldwide
OTIS
|
+$142M |
| 4 |
Baidu
BIDU
|
+$124M |
| 5 |
Alibaba
BABA
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$324M |
| 2 |
Amazon
AMZN
|
+$313M |
| 3 |
Bank of America
BAC
|
+$264M |
| 4 |
AGN
Allergan plc
AGN
|
+$259M |
| 5 |
Wells Fargo
WFC
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.39% |
| 2 | Financials | 16.29% |
| 3 | Industrials | 12.76% |
| 4 | Healthcare | 11.61% |
| 5 | Consumer Discretionary | 11.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2976
Itaú Unibanco
ITUB
$91.6B
| $870K | ﹤0.01% |
255,033
-114,080
| -31% | -$370K |
|
2977
Amplify Energy
AMPY
$152M
| $862K | ﹤0.01% |
701,162
-479,991
| -41% | -$575K |
|
2978
Esquire Financial Holdings
ESQ
$1.1B
| $860K | ﹤0.01% |
50,917
+5,886
| +13% | +$93.3K |
|
|
AT
2979
DELISTED
Atlantic Power Corporation
AT
| $860K | ﹤0.01% |
429,964
+8,508
| +2% | +$16.9K |
|
|
IO
2980
DELISTED
ION Geophysical Corporation
IO
| $846K | ﹤0.01% |
361,373
-140,506
| -28% | -$307K |
|
2981
Uber
UBER
$144B
| $843K | ﹤0.01% |
27,130
+3,511
| +15% | +$109K |
|
2982
Tecnoglass
TGLS
$2.09B
| $840K | ﹤0.01% |
154,195
+9,817
| +7% | +$41.1K |
|
|
ASPU
2983
DELISTED
ASPEN GROUP, INC.
ASPU
| $840K | ﹤0.01% |
92,833
+18,936
| +26% | +$156K |
|
|
SALM
2984
DELISTED
Salem Media Group, Inc. Class A Common Stock
SALM
| $837K | ﹤0.01% |
741,000
-448,440
| -38% | -$427K |
|
2985
Grocery Outlet
GO
$902M
| $828K | ﹤0.01% |
20,297
-2,142
| -10% | -$76.7K |
|
2986
Magyar Bancorp
MGYR
$123M
| $823K | ﹤0.01% |
118,193
-745
| -0.6% | -$5.55K |
|
2987
John Wiley & Sons Class B
WLYB
$2.63B
| $822K | ﹤0.01% |
20,828
| – | – |
|
|
BSQR
2988
DELISTED
BSQUARE Corporation
BSQR
| $822K | ﹤0.01% |
523,554
-81,919
| -14% | -$105K |
|
2989
SIFCO Industries
SIF
$167M
| $817K | ﹤0.01% |
204,149
-2,059
| -1% | -$6.94K |
|
2990
United Microelectronic
UMC
$43.6B
| $809K | ﹤0.01% |
306,313
-12,107
| -4% | -$30.4K |
|
|
INFI
2991
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $808K | ﹤0.01% |
893,321
-97,264
| -10% | -$92.7K |
|
2992
CareCloud
CCLD
$100M
| $805K | ﹤0.01% |
97,139
+35,328
| +57% | +$239K |
|
|
PMD
2993
DELISTED
Psychemedics Corporation
PMD
| $803K | ﹤0.01% |
146,021
| – | – |
|
2994
Berkshire Hathaway Class A
BRK.A
$1.1T
| $802K | ﹤0.01% |
3
| – | – |
|
|
ALLK
2995
DELISTED
Allakos
ALLK
| $798K | ﹤0.01% |
11,100
-1,152
| -9% | -$77.2K |
|
2996
AMREP Corp
AXR
$121M
| $794K | ﹤0.01% |
176,095
-8,754
| -5% | -$38.3K |
|
2997
FreightCar America
RAIL
$280M
| $791K | ﹤0.01% |
637,892
-199,011
| -24% | -$256K |
|
|
CRC
2998
DELISTED
California Resources Corporation
CRC
| $788K | ﹤0.01% |
645,820
-248,178
| -28% | -$420K |
|
|
UBP
2999
DELISTED
Urstadt Biddle Properties Inc.
UBP
| $787K | ﹤0.01% |
78,309
| – | – |
|
3000
Fate Therapeutics
FATE
$270M
| $781K | ﹤0.01% |
22,771
| – | – |
|
Similar funds
Dimensional Fund Advisors's Q2 2020 Portfolio in Review
As of Q2 2020, Dimensional Fund Advisors held 3,428 positions worth $228B, up 19% from $192B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q2 2020: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 54 new positions and exited 89, leaving the 3,428-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q2 2020 buy was Otis Worldwide: 2,746,401 shares worth $156M.
- Dimensional Fund Advisors added most to AbbVie in Q2 2020, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q2 2020 reduction was Apple, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited Allergan plc in Q2 2020, selling an estimated $259M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $228B portfolio in Q2 2020.
- Dimensional Fund Advisors opened 54 new positions and closed 89 in Q2 2020.
- Dimensional Fund Advisors's portfolio value rose 19% quarter-over-quarter to $228B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2020, filed 13 Aug 2020.