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 | |
|---|---|---|---|---|---|---|
476
Integer Holdings
ITGR
$4.12B
| $115M | 0.05% |
1,949,663
-55,855
| -3% | -$3.73M |
|
477
Murphy USA
MUSA
$11.2B
| $115M | 0.05% |
896,829
-84,733
| -9% | -$11.2M |
|
478
Minerals Technologies
MTX
$2.36B
| $115M | 0.05% |
2,249,909
+5,306
| +0.2% | +$262K |
|
479
Reinsurance Group of America
RGA
$15.5B
| $115M | 0.05% |
1,207,630
+9,590
| +0.8% | +$863K |
|
480
Gaming and Leisure Properties
GLPI
$12.7B
| $115M | 0.05% |
3,106,270
-16,487
| -0.5% | -$600K |
|
481
Lattice Semiconductor
LSCC
$17.6B
| $114M | 0.05% |
3,950,461
+45,453
| +1% | +$1.34M |
|
|
SYKE
482
DELISTED
SYKES Enterprises Inc
SYKE
| $114M | 0.05% |
3,335,693
-155,567
| -4% | -$4.81M |
|
483
Ashland
ASH
$3.33B
| $114M | 0.05% |
1,607,932
+54,618
| +4% | +$4.05M |
|
484
Simpson Manufacturing
SSD
$7.72B
| $114M | 0.05% |
1,173,455
-34,985
| -3% | -$3.32M |
|
|
NGHC
485
DELISTED
National General Holdings Corp
NGHC
| $114M | 0.05% |
3,375,145
+39,499
| +1% | +$1.31M |
|
|
PDCO
486
DELISTED
Patterson Companies, Inc.
PDCO
| $114M | 0.05% |
4,715,338
-368,863
| -7% | -$9.39M |
|
|
HES
487
DELISTED
Hess
HES
| $114M | 0.05% |
2,776,305
+26,236
| +1% | +$1.25M |
|
488
Graphic Packaging
GPK
$3.17B
| $114M | 0.05% |
8,058,069
+206,439
| +3% | +$2.93M |
|
|
DFS
489
DELISTED
Discover Financial Services
DFS
| $113M | 0.05% |
1,962,151
-261,545
| -12% | -$13.7M |
|
490
Rush Enterprises Class A
RUSHA
$6.2B
| $113M | 0.05% |
5,042,178
-102,422
| -2% | -$2.18M |
|
491
EOG Resources
EOG
$79.2B
| $113M | 0.05% |
3,150,664
-80,561
| -2% | -$3.61M |
|
492
Western Digital
WDC
$188B
| $113M | 0.05% |
4,095,644
+4,849
| +0.1% | +$144K |
|
|
STL
493
DELISTED
Sterling Bancorp
STL
| $113M | 0.05% |
10,722,008
-14,664
| -0.1% | -$166K |
|
494
Hilltop Holdings
HTH
$2.26B
| $113M | 0.05% |
5,479,022
-101
| -0% | -$1.96K |
|
495
Xerox
XRX
$386M
| $112M | 0.05% |
5,981,942
+68,692
| +1% | +$1.2M |
|
496
lululemon athletica
LULU
$13.5B
| $112M | 0.05% |
340,692
-18,939
| -5% | -$6.32M |
|
497
McCormick & Company Non-Voting
MKC
$13.7B
| $112M | 0.05% |
1,155,578
+6,210
| +0.5% | +$608K |
|
498
Century Communities
CCS
$1.91B
| $112M | 0.05% |
2,643,924
-64,061
| -2% | -$2.34M |
|
|
CTLT
499
DELISTED
CATALENT, INC.
CTLT
| $112M | 0.05% |
1,306,328
+47,212
| +4% | +$3.99M |
|
500
Boston Scientific
BSX
$69.5B
| $112M | 0.05% |
2,920,012
+100,674
| +4% | +$3.88M |
|
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.