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 | |
|---|---|---|---|---|---|---|
|
ACC
751
DELISTED
American Campus Communities, Inc.
ACC
| $81.3M | 0.03% |
2,329,653
+210,581
| +10% | +$7.26M |
|
752
Douglas Emmett
DEI
$1.98B
| $81.3M | 0.03% |
3,237,740
+687,226
| +27% | +$19.4M |
|
753
Campbell Soup
CPB
$6.55B
| $81.1M | 0.03% |
1,676,111
+30,209
| +2% | +$1.49M |
|
754
Moog Inc Class A
MOG.A
$12.4B
| $81M | 0.03% |
1,275,760
-19,317
| -1% | -$1.11M |
|
755
Arch Capital
ACGL
$34.3B
| $81M | 0.03% |
2,770,881
+96,469
| +4% | +$2.94M |
|
756
Comfort Systems
FIX
$60.9B
| $80.7M | 0.03% |
1,567,656
-93,335
| -6% | -$4.53M |
|
757
Hancock Whitney
HWC
$6.2B
| $80.7M | 0.03% |
4,292,009
-251,483
| -6% | -$4.92M |
|
|
NLSN
758
DELISTED
Nielsen Holdings plc
NLSN
| $80.7M | 0.03% |
5,690,055
-70,212
| -1% | -$1.05M |
|
759
Power Integrations
POWI
$3.38B
| $80.6M | 0.03% |
1,455,248
-41,508
| -3% | -$2.39M |
|
760
MKS Inc
MKSI
$20.1B
| $80.6M | 0.03% |
737,720
-31,556
| -4% | -$3.7M |
|
761
PC Connection
CNXN
$2.11B
| $80.6M | 0.03% |
1,962,304
-15,929
| -0.8% | -$698K |
|
762
RLI Corp
RLI
$5.62B
| $80.6M | 0.03% |
1,924,162
-52,092
| -3% | -$2.28M |
|
|
CTXS
763
DELISTED
Citrix Systems Inc
CTXS
| $80.4M | 0.03% |
584,084
-64,114
| -10% | -$9.16M |
|
|
FRC
764
DELISTED
First Republic Bank
FRC
| $80.4M | 0.03% |
737,481
+43,265
| +6% | +$4.8M |
|
765
Williams-Sonoma
WSM
$26.9B
| $80.3M | 0.03% |
1,775,474
-311,312
| -15% | -$13.8M |
|
766
CONMED
CNMD
$1.39B
| $80.2M | 0.03% |
1,019,315
-57,375
| -5% | -$4.68M |
|
767
Cooper Companies
COO
$14.1B
| $80.2M | 0.03% |
951,112
+44,884
| +5% | +$3.44M |
|
|
ARGO
768
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $80.1M | 0.03% |
2,327,877
-109,690
| -4% | -$3.83M |
|
769
Kimco Realty
KIM
$17.2B
| $80.1M | 0.03% |
7,110,589
+410,658
| +6% | +$4.85M |
|
770
Globant
GLOB
$1.58B
| $79.9M | 0.03% |
446,016
-95,426
| -18% | -$16.4M |
|
771
W.R. Berkley
WRB
$26.9B
| $79.9M | 0.03% |
2,940,473
+76,887
| +3% | +$2.11M |
|
772
Green Dot
GDOT
$743M
| $79.8M | 0.03% |
1,576,972
-6,557
| -0.4% | -$336K |
|
773
Dorman Products
DORM
$3.98B
| $79.7M | 0.03% |
882,083
-40,379
| -4% | -$3.23M |
|
774
Canadian Imperial Bank of Commerce
CM
$108B
| $79.7M | 0.03% |
2,132,532
-18,376
| -0.9% | -$673K |
|
775
TTEC Holdings
TTEC
$121M
| $79.5M | 0.03% |
1,457,673
-12,385
| -0.8% | -$652K |
|
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.