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 | |
|---|---|---|---|---|---|---|
|
MIC
401
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $128M | 0.05% |
4,778,703
-84,621
| -2% | -$2.45M |
|
|
ATH
402
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $128M | 0.05% |
3,768,687
+66,541
| +2% | +$2.29M |
|
403
US Foods
USFD
$22.2B
| $128M | 0.05% |
5,762,612
-153,764
| -3% | -$3.46M |
|
|
PPBI
404
DELISTED
Pacific Premier Bancorp
PPBI
| $128M | 0.05% |
6,347,343
-32,192
| -0.5% | -$682K |
|
405
Tractor Supply
TSCO
$16.1B
| $128M | 0.05% |
4,455,735
+170,890
| +4% | +$4.91M |
|
406
Paychex
PAYX
$41.6B
| $128M | 0.05% |
1,599,643
+63,587
| +4% | +$4.77M |
|
|
AMED
407
DELISTED
Amedisys
AMED
| $127M | 0.05% |
538,058
-133,583
| -20% | -$30.4M |
|
408
Mettler-Toledo International
MTD
$28.6B
| $127M | 0.05% |
131,675
+3,598
| +3% | +$3.34M |
|
409
Builders FirstSource
BLDR
$7.15B
| $127M | 0.05% |
3,886,616
-508,341
| -12% | -$13.8M |
|
410
Jazz Pharmaceuticals
JAZZ
$15.9B
| $127M | 0.05% |
889,019
-35,215
| -4% | -$4.37M |
|
411
KB Financial Group
KB
$41.4B
| $127M | 0.05% |
3,946,514
-30,018
| -0.8% | -$930K |
|
412
Prestige Consumer Healthcare
PBH
$2.38B
| $127M | 0.05% |
3,476,168
-19,698
| -0.6% | -$732K |
|
413
Duke Energy
DUK
$97.8B
| $127M | 0.05% |
1,429,688
+40,540
| +3% | +$3.34M |
|
414
Liberty Broadband Class C
LBRDK
$4.88B
| $127M | 0.05% |
885,785
+13,641
| +2% | +$1.87M |
|
415
Flex
FLEX
$41.7B
| $126M | 0.05% |
15,049,556
+767,546
| +5% | +$6.26M |
|
|
JHG
416
DELISTED
Janus Henderson
JHG
| $126M | 0.05% |
5,812,431
+297,003
| +5% | +$6.16M |
|
417
American International
AIG
$41.7B
| $126M | 0.05% |
4,582,715
+156,221
| +4% | +$4.65M |
|
|
SC
418
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $126M | 0.05% |
6,934,669
-36,581
| -0.5% | -$651K |
|
419
Regeneron Pharmaceuticals
REGN
$78.5B
| $126M | 0.05% |
224,865
+8,460
| +4% | +$5.13M |
|
420
American Homes 4 Rent
AMH
$12B
| $126M | 0.05% |
4,412,304
+364,022
| +9% | +$10.3M |
|
421
Tetra Tech
TTEK
$8.49B
| $125M | 0.05% |
6,566,105
-196,975
| -3% | -$3.5M |
|
|
PARA
422
DELISTED
Paramount Global Class B
PARA
| $125M | 0.05% |
4,475,423
-72,257
| -2% | -$1.94M |
|
423
CRH
CRH
$63.2B
| $125M | 0.05% |
3,468,114
+53,160
| +2% | +$2M |
|
424
Carlisle Companies
CSL
$14.6B
| $125M | 0.05% |
1,022,502
+64,278
| +7% | +$7.89M |
|
425
WaFd
WAFD
$2.72B
| $125M | 0.05% |
5,978,014
-185,969
| -3% | -$4.38M |
|
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.