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 | |
|---|---|---|---|---|---|---|
|
STCN
3026
DELISTED
Steel Connect, Inc. Common Stock
STCN
| $647K | ﹤0.01% |
115,444
-65,626
| -36% | -$391K |
|
3027
Algonquin Power & Utilities
AQN
$4.68B
| $643K | ﹤0.01% |
49,675
| – | – |
|
|
ALTA
3028
DELISTED
Altabancorp
ALTA
| $643K | ﹤0.01% |
28,679
-480,384
| -94% | -$9.92M |
|
3029
Verastem
VSTM
$547M
| $641K | ﹤0.01% |
31,057
-18,918
| -38% | -$500K |
|
3030
Virgin Galactic
SPCE
$320M
| $635K | ﹤0.01% |
1,950
-458
| -19% | -$151K |
|
|
DSKE
3031
DELISTED
Daseke, Inc. Common Stock
DSKE
| $633K | ﹤0.01% |
161,023
-93,652
| -37% | -$206K |
|
3032
NovaGold Resources
NG
$2.55B
| $632K | ﹤0.01% |
68,804
+40,304
| +141% | +$408K |
|
|
VRAY
3033
DELISTED
ViewRay, Inc.
VRAY
| $630K | ﹤0.01% |
281,550
-11,519
| -4% | -$24.6K |
|
3034
Genasys
GNSS
$77M
| $629K | ﹤0.01% |
129,524
| – | – |
|
|
TMUSR
3035
DELISTED
T-Mobile US, Inc. Subscription Rights Expiring 7/27/2020
TMUSR
| $628K | ﹤0.01% |
+3,730,521
| New | +$1.05M |
|
3036
Astrana Health
ASTH
$1.88B
| $623K | ﹤0.01% |
37,773
+1,664
| +5% | +$26.2K |
|
3037
McEwen Inc
MUX
$1.03B
| $619K | ﹤0.01% |
61,303
-55,263
| -47% | -$513K |
|
3038
Epsilon Energy
EPSN
$165M
| $607K | ﹤0.01% |
205,913
-121,453
| -37% | -$353K |
|
3039
PCB Bancorp
PCB
$396M
| $607K | ﹤0.01% |
58,973
+1,741
| +3% | +$15.8K |
|
3040
Purple Innovation
PRPL
$35.7M
| $604K | ﹤0.01% |
1,342
+243
| +22% | +$76.6K |
|
3041
Victory Capital Holdings
VCTR
$6.28B
| $595K | ﹤0.01% |
34,640
-122,863
| -78% | -$1.93M |
|
|
VSA
3042
VisionSys AI
VSA
$8.49M
| $588K | ﹤0.01% |
152
-2
| -1% | -$15K |
|
3043
Tradeweb Markets
TW
$22.2B
| $587K | ﹤0.01% |
10,099
+3,264
| +48% | +$188K |
|
3044
Voyager Therapeutics
VYGR
$184M
| $583K | ﹤0.01% |
46,171
+2,520
| +6% | +$29.3K |
|
|
RDIB
3045
Reading International Class B
RDIB
$195M
| $580K | ﹤0.01% |
36,233
-135
| -0.4% | -$2.2K |
|
3046
Dynatrace
DT
$12.7B
| $578K | ﹤0.01% |
14,241
+587
| +4% | +$19.3K |
|
3047
Icon
ICLR
$13.9B
| $578K | ﹤0.01% |
3,433
+377
| +12% | +$59.4K |
|
|
BBQ
3048
DELISTED
BBQ Holdings, Inc. Common Stock
BBQ
| $575K | ﹤0.01% |
175,607
-24,260
| -12% | -$65.6K |
|
|
FENG
3049
Phoenix New Media
FENG
$17.4M
| $568K | ﹤0.01% |
63,954
| – | – |
|
|
SVBI
3050
DELISTED
Severn Bancorp Inc/MD
SVBI
| $566K | ﹤0.01% |
87,283
| – | – |
|
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.