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 | |
|---|---|---|---|---|---|---|
|
SAVE
701
DELISTED
Spirit Airlines, Inc.
SAVE
| $105M | 0.04% |
4,280,011
-53,678
| -1% | -$1.11M |
|
702
Arch Capital
ACGL
$37.2B
| $105M | 0.04% |
2,900,597
+129,716
| +5% | +$4.26M |
|
703
First Merchants
FRME
$2.74B
| $105M | 0.04% |
2,796,068
-36,706
| -1% | -$1.14M |
|
|
SGI
704
Somnigroup International
SGI
$15.2B
| $105M | 0.04% |
3,872,336
+3,436
| +0.1% | +$83.8K |
|
705
McGrath RentCorp
MGRC
$2.95B
| $104M | 0.04% |
1,552,290
-52,961
| -3% | -$3.37M |
|
706
Hope Bancorp
HOPE
$1.8B
| $104M | 0.04% |
9,507,121
-512,380
| -5% | -$4.77M |
|
707
Federal Signal
FSS
$7.19B
| $104M | 0.04% |
3,125,663
-205,406
| -6% | -$6.48M |
|
708
Omnicom Group
OMC
$24.6B
| $104M | 0.04% |
1,661,092
+127,796
| +8% | +$7.3M |
|
|
ANSS
709
DELISTED
Ansys
ANSS
| $104M | 0.04% |
284,694
+2,641
| +0.9% | +$884K |
|
710
Northwest Bancshares
NWBI
$2.33B
| $104M | 0.04% |
8,126,053
-52,362
| -0.6% | -$597K |
|
711
TTEC Holdings
TTEC
$119M
| $103M | 0.04% |
1,418,567
-39,106
| -3% | -$2.54M |
|
712
MarketAxess Holdings
MKTX
$4.34B
| $103M | 0.04% |
181,009
-4,306
| -2% | -$2.35M |
|
713
Amcor
AMCR
$21.6B
| $103M | 0.04% |
1,753,419
+102,097
| +6% | +$5.82M |
|
714
Newell Brands
NWL
$2.24B
| $103M | 0.04% |
4,854,710
+65,863
| +1% | +$1.28M |
|
715
Fortive
FTV
$19.5B
| $103M | 0.04% |
1,929,758
-313,778
| -14% | -$16.1M |
|
716
Selective Insurance
SIGI
$5.63B
| $103M | 0.04% |
1,531,053
-72,370
| -5% | -$4.34M |
|
|
GES
717
DELISTED
Guess Inc
GES
| $102M | 0.04% |
4,521,231
-422,294
| -9% | -$6.66M |
|
718
Take-Two Interactive
TTWO
$46B
| $102M | 0.04% |
492,190
+27,620
| +6% | +$4.83M |
|
719
Range Resources
RRC
$8.94B
| $102M | 0.04% |
15,236,922
-211,877
| -1% | -$1.56M |
|
720
TriNet
TNET
$3.14B
| $102M | 0.04% |
1,265,450
-251
| -0% | -$18.6K |
|
721
Cousins Properties
CUZ
$5.22B
| $102M | 0.04% |
3,043,419
+113,935
| +4% | +$3.52M |
|
722
Primerica
PRI
$10B
| $102M | 0.04% |
758,898
+1,773
| +0.2% | +$223K |
|
723
ICF International
ICFI
$1.51B
| $102M | 0.04% |
1,367,390
-15,110
| -1% | -$1.09M |
|
724
Avanos Medical
AVNS
| $101M | 0.04% |
2,212,134
+5,442
| +0.2% | +$227K |
|
725
Fox Class A
FOXA
$24.2B
| $101M | 0.04% |
3,484,507
+15,178
| +0.4% | +$424K |
|
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.