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 | |
|---|---|---|---|---|---|---|
551
Akamai
AKAM
$16.7B
| $104M | 0.04% |
938,094
+15,554
| +2% | +$1.73M |
|
552
Autoliv
ALV
$9.02B
| $103M | 0.04% |
1,418,404
-101,417
| -7% | -$7.2M |
|
553
Winnebago Industries
WGO
$856M
| $103M | 0.04% |
1,994,313
-212,871
| -10% | -$12.3M |
|
554
Seaboard Corp
SEB
$4.23B
| $103M | 0.04% |
36,291
+199
| +0.6% | +$565K |
|
|
VER
555
DELISTED
VEREIT, Inc.
VER
| $103M | 0.04% |
3,166,302
-48,697
| -2% | -$1.6M |
|
556
Wintrust Financial
WTFC
$10.8B
| $102M | 0.04% |
2,558,555
+45,786
| +2% | +$1.96M |
|
|
IPG
557
DELISTED
Interpublic Group of Companies
IPG
| $102M | 0.04% |
6,144,656
+369,444
| +6% | +$6.59M |
|
558
Korn Ferry
KFY
$4.18B
| $102M | 0.04% |
3,530,656
+31,071
| +0.9% | +$919K |
|
559
Range Resources
RRC
$9.38B
| $102M | 0.04% |
15,448,799
+722,296
| +5% | +$5.23M |
|
560
Keysight
KEYS
$54.5B
| $102M | 0.04% |
1,035,158
+50,633
| +5% | +$4.97M |
|
|
SUM
561
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $102M | 0.04% |
6,282,693
+189,411
| +3% | +$3.03M |
|
562
RH
RH
$3.13B
| $102M | 0.04% |
266,709
-30,699
| -10% | -$9.68M |
|
563
Electronic Arts
EA
$53B
| $102M | 0.04% |
782,294
+46,020
| +6% | +$6.27M |
|
564
Kilroy Realty
KRC
$4.52B
| $102M | 0.04% |
1,958,976
+289,994
| +17% | +$16.5M |
|
565
Nasdaq
NDAQ
$52.7B
| $102M | 0.04% |
2,486,283
+63,192
| +3% | +$2.69M |
|
566
Nu Skin
NUS
$252M
| $101M | 0.04% |
2,022,872
+23,952
| +1% | +$1.14M |
|
567
Aaon
AAON
$7.3B
| $101M | 0.04% |
2,520,968
-46,285
| -2% | -$1.77M |
|
568
Broadridge
BR
$17.8B
| $101M | 0.04% |
765,524
+33,442
| +5% | +$4.47M |
|
569
Unilever
UL
$137B
| $101M | 0.04% |
1,455,564
+27,911
| +2% | +$1.86M |
|
570
Wingstop
WING
$3.53B
| $101M | 0.04% |
737,691
+1,668
| +0.2% | +$245K |
|
|
CVSA
571
Covista Inc
CVSA
$4.25B
| $101M | 0.04% |
4,105,041
-177,548
| -4% | -$5.73M |
|
572
Knowles
KN
$3.13B
| $101M | 0.04% |
6,755,141
-73,384
| -1% | -$1.11M |
|
|
CALY
573
Callaway Golf Company
CALY
$3.32B
| $101M | 0.04% |
5,257,752
-780,456
| -13% | -$14.7M |
|
|
UN
574
DELISTED
Unilever NV New York Registry Shares
UN
| $100M | 0.04% |
1,659,922
+152,549
| +10% | +$8.84M |
|
575
Rexford Industrial Realty
REXR
$8.42B
| $100M | 0.04% |
2,187,469
+387,449
| +22% | +$17.6M |
|
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.