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 | |
|---|---|---|---|---|---|---|
551
Infosys
INFY
$50B
| $101M | 0.04% |
10,438,330
-123,888
| -1% | -$1.11M |
|
552
Shenandoah Telecom
SHEN
$655M
| $101M | 0.04% |
2,044,890
-7,160
| -0.3% | -$363K |
|
553
Advance Auto Parts
AAP
$3.54B
| $101M | 0.04% |
706,118
-11,070
| -2% | -$1.41M |
|
|
BIG
554
DELISTED
Big Lots, Inc.
BIG
| $100M | 0.04% |
2,389,903
+324,516
| +16% | +$9.21M |
|
555
Omega Healthcare
OHI
$15.4B
| $100M | 0.04% |
3,375,223
+44,564
| +1% | +$1.32M |
|
556
ResMed
RMD
$30.3B
| $100M | 0.04% |
521,472
-709
| -0.1% | -$116K |
|
557
Amdocs
DOX
$5.83B
| $99.7M | 0.04% |
1,638,352
+1,478
| +0.1% | +$91.3K |
|
558
Amphenol
APH
$177B
| $99.6M | 0.04% |
4,160,268
-472,996
| -10% | -$10.6M |
|
559
Smith & Wesson
SWBI
$657M
| $99.6M | 0.04% |
6,019,374
+19,587
| +0.3% | +$182K |
|
|
ETFC
560
DELISTED
E*Trade Financial Corporation
ETFC
| $99.5M | 0.04% |
2,000,471
-7,063
| -0.4% | -$304K |
|
561
Entegris
ENTG
$18B
| $99.4M | 0.04% |
1,684,272
-277,471
| -14% | -$15.4M |
|
562
Materion
MTRN
$4.36B
| $99.4M | 0.04% |
1,617,025
-22,252
| -1% | -$1.13M |
|
563
First Bancorp
FBP
$4.47B
| $99.3M | 0.04% |
17,770,101
-297,168
| -2% | -$1.61M |
|
|
BMCH
564
DELISTED
BMC Stock Holdings, Inc
BMCH
| $99.3M | 0.04% |
3,948,973
+122,179
| +3% | +$2.7M |
|
565
Keysight
KEYS
$52.2B
| $99.2M | 0.04% |
984,525
-1,948
| -0.2% | -$191K |
|
|
IPG
566
DELISTED
Interpublic Group of Companies
IPG
| $99.1M | 0.04% |
5,775,212
+1,267,666
| +28% | +$20.9M |
|
567
Boston Scientific
BSX
$68.5B
| $99M | 0.04% |
2,819,338
+159,110
| +6% | +$5.73M |
|
568
Akamai
AKAM
$16.3B
| $98.8M | 0.04% |
922,540
-50,815
| -5% | -$5.11M |
|
569
Emergent Biosolutions
EBS
$377M
| $98.7M | 0.04% |
1,248,712
-17,078
| -1% | -$1.27M |
|
570
Azenta
AZTA
$1.33B
| $98.5M | 0.04% |
2,225,972
-334,158
| -13% | -$12.8M |
|
571
Packaging Corp of America
PKG
$22.6B
| $98.5M | 0.04% |
986,736
+29,153
| +3% | +$2.77M |
|
|
SWN
572
DELISTED
Southwestern Energy Company
SWN
| $98.2M | 0.04% |
38,363,264
+4,245,264
| +12% | +$12.1M |
|
573
Autoliv
ALV
$9.09B
| $98M | 0.04% |
1,519,821
+97,863
| +7% | +$5.88M |
|
574
Southern Company
SO
$109B
| $98M | 0.04% |
1,889,634
+14,641
| +0.8% | +$814K |
|
575
Kilroy Realty
KRC
$4.5B
| $98M | 0.04% |
1,668,982
+32,228
| +2% | +$1.95M |
|
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.