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 | |
|---|---|---|---|---|---|---|
|
MDRX
401
DELISTED
Veradigm Inc. Common Stock
MDRX
| $158M | 0.06% |
10,939,535
-188,876
| -2% | -$2.29M |
|
|
JHG
402
DELISTED
Janus Henderson
JHG
| $158M | 0.06% |
4,858,106
-954,325
| -16% | -$27.2M |
|
403
Wintrust Financial
WTFC
$10.7B
| $158M | 0.06% |
2,581,544
+22,989
| +0.9% | +$1.24M |
|
|
TPH
404
DELISTED
Tri Pointe Homes
TPH
| $158M | 0.06% |
9,139,252
-583,633
| -6% | -$10.3M |
|
405
Camden Property Trust
CPT
$11.2B
| $158M | 0.06% |
1,576,775
+3,840
| +0.2% | +$372K |
|
|
CTB
406
DELISTED
Cooper Tire & Rubber Co.
CTB
| $157M | 0.06% |
3,886,065
-177,262
| -4% | -$6.76M |
|
|
UMPQ
407
DELISTED
Umpqua Holdings Corp
UMPQ
| $157M | 0.06% |
10,390,655
-646,925
| -6% | -$8.86M |
|
408
CME Group
CME
$91.8B
| $157M | 0.06% |
863,553
+38,146
| +5% | +$6.49M |
|
|
SIVB
409
DELISTED
SVB Financial Group
SIVB
| $157M | 0.06% |
403,930
+1,549
| +0.4% | +$502K |
|
|
410
PROG Holdings
PRG
$1.73B
| $157M | 0.06% |
+2,907,625
| New | +$150M |
|
411
KB Financial Group
KB
$41.5B
| $156M | 0.06% |
3,945,786
-728
| -0% | -$28.5K |
|
412
EOG Resources
EOG
$74.7B
| $156M | 0.06% |
3,131,059
-19,605
| -0.6% | -$852K |
|
|
LHCG
413
DELISTED
LHC Group LLC
LHCG
| $156M | 0.06% |
729,156
-140,825
| -16% | -$30M |
|
414
FNB Corp
FNB
$6.71B
| $156M | 0.06% |
16,369,883
+176,526
| +1% | +$1.5M |
|
415
L3Harris
LHX
$56.5B
| $155M | 0.06% |
819,395
+17,580
| +2% | +$3.22M |
|
416
Ball Corp
BALL
$17.2B
| $155M | 0.06% |
1,661,136
-56,535
| -3% | -$5.23M |
|
417
Integer Holdings
ITGR
$3.38B
| $155M | 0.06% |
1,905,916
-43,747
| -2% | -$3.07M |
|
|
B
418
DELISTED
Barnes Group Inc.
B
| $154M | 0.06% |
3,047,308
-29,935
| -1% | -$1.32M |
|
419
Builders FirstSource
BLDR
$7.82B
| $154M | 0.06% |
3,784,320
-102,296
| -3% | -$3.62M |
|
420
Cadence Design Systems
CDNS
$93.4B
| $154M | 0.06% |
1,131,731
-18,241
| -2% | -$2.14M |
|
421
World Kinect Corp
WKC
$2.04B
| $154M | 0.06% |
4,941,373
-83,622
| -2% | -$2.23M |
|
422
Intuitive Surgical
ISRG
$128B
| $154M | 0.06% |
563,937
-8,169
| -1% | -$2.03M |
|
423
Copart
CPRT
$27.6B
| $153M | 0.06% |
4,822,520
-192,320
| -4% | -$5.6M |
|
|
MANT
424
DELISTED
Mantech International Corp
MANT
| $153M | 0.06% |
1,724,081
-30,631
| -2% | -$2.32M |
|
|
MGLN
425
DELISTED
Magellan Health Services, Inc.
MGLN
| $153M | 0.06% |
1,849,800
-83,015
| -4% | -$6.57M |
|
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.