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 | |
|---|---|---|---|---|---|---|
751
Enpro
NPO
$6.63B
| $99.3M | 0.04% |
1,314,622
-27,733
| -2% | -$1.86M |
|
752
Ziff Davis
ZD
$1.95B
| $99.3M | 0.04% |
1,168,627
+41,580
| +4% | +$3.01M |
|
753
Sonoco
SON
$5.99B
| $99.2M | 0.04% |
1,673,663
-22,796
| -1% | -$1.28M |
|
754
TransDigm Group
TDG
$73.2B
| $99.1M | 0.04% |
160,069
+2,812
| +2% | +$1.55M |
|
755
ScottsMiracle-Gro
SMG
$4.25B
| $98.8M | 0.04% |
495,969
+29,588
| +6% | +$5.07M |
|
756
Exponent
EXPO
$3.15B
| $98.6M | 0.04% |
1,095,493
-42,220
| -4% | -$3.37M |
|
757
First Financial Bancorp
FFBC
$3.55B
| $98.3M | 0.04% |
5,605,147
+26,952
| +0.5% | +$423K |
|
|
ARGO
758
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $98M | 0.04% |
2,243,160
-84,717
| -4% | -$3.38M |
|
|
VSTO
759
DELISTED
Vista Outdoor Inc.
VSTO
| $98M | 0.04% |
4,123,998
-88,383
| -2% | -$1.89M |
|
|
GAP
760
The Gap Inc
GAP
$7.28B
| $97.9M | 0.04% |
4,850,003
-293,303
| -6% | -$6.16M |
|
761
CubeSmart
CUBE
$9.62B
| $97.9M | 0.04% |
2,912,776
-56,829
| -2% | -$1.9M |
|
762
Bio-Rad Laboratories Class A
BIO
$8.86B
| $97.9M | 0.04% |
167,930
+700
| +0.4% | +$399K |
|
763
RLI Corp
RLI
$5.97B
| $97.5M | 0.04% |
1,872,290
-51,872
| -3% | -$2.49M |
|
|
WIRE
764
DELISTED
Encore Wire Corp
WIRE
| $97.5M | 0.04% |
1,609,669
-65,185
| -4% | -$3.37M |
|
765
Pool Corp
POOL
$7B
| $97.2M | 0.04% |
260,964
+7,926
| +3% | +$2.76M |
|
766
Zillow
Z
$7.7B
| $97.1M | 0.04% |
747,876
-11,769
| -2% | -$1.3M |
|
767
Abercrombie & Fitch
ANF
$4.58B
| $97M | 0.04% |
4,765,948
-141,084
| -3% | -$2.59M |
|
768
Carpenter Technology
CRS
$27.8B
| $97M | 0.04% |
3,331,328
-290,688
| -8% | -$6.73M |
|
769
Valvoline
VVV
$5.13B
| $96.5M | 0.03% |
4,170,984
-2,622
| -0.1% | -$56.8K |
|
770
East-West Bancorp
EWBC
$18B
| $96.5M | 0.03% |
1,902,837
-209,781
| -10% | -$8.91M |
|
771
AAR Corp
AIR
$5.62B
| $96.4M | 0.03% |
2,660,448
-114,055
| -4% | -$3.03M |
|
|
JOYY
772
JOYY Inc
JOYY
$3.77B
| $96.3M | 0.03% |
1,204,510
+15,260
| +1% | +$1.31M |
|
773
Chipotle Mexican Grill
CMG
$43B
| $96.2M | 0.03% |
3,467,050
-53,900
| -2% | -$1.41M |
|
774
Franklin Electric
FELE
$4.85B
| $96.1M | 0.03% |
1,388,126
-82,692
| -6% | -$5.45M |
|
775
Brunswick
BC
$5.33B
| $95.8M | 0.03% |
1,256,419
-25,837
| -2% | -$1.82M |
|
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.