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 | |
|---|---|---|---|---|---|---|
|
PACW
826
DELISTED
PacWest Bancorp
PACW
| $72.5M | 0.03% |
3,679,626
-97,527
| -3% | -$1.81M |
|
827
EastGroup Properties
EGP
$11.2B
| $72.5M | 0.03% |
611,418
+9,072
| +2% | +$1M |
|
828
Dycom Industries
DY
$11.2B
| $72.5M | 0.03% |
1,772,545
+306,329
| +21% | +$10.6M |
|
|
AJRD
829
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $72.4M | 0.03% |
1,825,772
-23,072
| -1% | -$960K |
|
830
ACI Worldwide
ACIW
$6.11B
| $72.3M | 0.03% |
2,680,007
-138,882
| -5% | -$3.63M |
|
|
ENIA
831
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $72.3M | 0.03% |
9,627,665
-1,127,696
| -10% | -$8.74M |
|
832
Independent Bank
INDB
$4.04B
| $72.3M | 0.03% |
1,077,604
-60,857
| -5% | -$4.09M |
|
833
ATI
ATI
$24.3B
| $72.2M | 0.03% |
7,088,276
-372
| -0% | -$3.23K |
|
834
Ameris Bancorp
ABCB
$5.9B
| $72.2M | 0.03% |
3,060,626
-91,190
| -3% | -$2.14M |
|
835
RBC Bearings
RBC
$17.4B
| $72.2M | 0.03% |
538,537
-8,954
| -2% | -$1.14M |
|
836
Advanced Energy
AEIS
$10.1B
| $72.1M | 0.03% |
1,064,170
-114,719
| -10% | -$6.83M |
|
837
Glacier Bancorp
GBCI
$6.35B
| $72.1M | 0.03% |
2,043,802
-57,742
| -3% | -$2.14M |
|
|
NGHC
838
DELISTED
National General Holdings Corp
NGHC
| $72.1M | 0.03% |
3,335,646
+245,483
| +8% | +$4.62M |
|
839
Canadian Imperial Bank of Commerce
CM
$106B
| $72M | 0.03% |
2,150,908
-53,942
| -2% | -$1.68M |
|
840
Mercury Systems
MRCY
$5.41B
| $72M | 0.03% |
915,556
-124,881
| -12% | -$10.2M |
|
841
Hubbell
HUBB
$24.4B
| $71.9M | 0.03% |
573,350
+21,451
| +4% | +$2.61M |
|
|
FFG
842
DELISTED
FBL Financial Group
FFG
| $71.8M | 0.03% |
2,001,924
+2,649
| +0.1% | +$97.4K |
|
843
DexCom
DXCM
$29B
| $71.8M | 0.03% |
708,316
+147,676
| +26% | +$13.2M |
|
844
FMC
FMC
$1.25B
| $71.8M | 0.03% |
720,657
-5,005
| -0.7% | -$462K |
|
845
Fair Isaac
FICO
$31.9B
| $71.6M | 0.03% |
171,366
-9,830
| -5% | -$3.59M |
|
846
Encore Capital Group
ECPG
$2.01B
| $71.6M | 0.03% |
2,094,996
+213,316
| +11% | +$6.35M |
|
847
Griffon
GFF
$4.02B
| $71.5M | 0.03% |
3,859,108
+12,146
| +0.3% | +$198K |
|
|
CMA
848
DELISTED
Comerica
CMA
| $71.4M | 0.03% |
1,875,035
+123,595
| +7% | +$4.31M |
|
849
PBF Energy
PBF
$7.49B
| $71.4M | 0.03% |
6,969,171
-361,244
| -5% | -$3.61M |
|
850
Semtech
SMTC
$9.64B
| $71.3M | 0.03% |
1,365,366
-121,454
| -8% | -$5.68M |
|
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.