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 | |
|---|---|---|---|---|---|---|
851
DXC Technology
DXC
$1.82B
| $72.1M | 0.03% |
4,037,810
+119,781
| +3% | +$2.19M |
|
852
EXL Service
EXLS
$5.14B
| $71.7M | 0.03% |
5,436,170
-137,575
| -2% | -$1.76M |
|
|
AJRD
853
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $71.7M | 0.03% |
1,796,868
-28,904
| -2% | -$1.17M |
|
854
Employers Holdings
EIG
$908M
| $71.6M | 0.03% |
2,367,464
-90,666
| -4% | -$2.87M |
|
|
ATSG
855
DELISTED
Air Transport Services Group
ATSG
| $71.6M | 0.03% |
2,856,348
-178,193
| -6% | -$4.45M |
|
856
Dentsply Sirona
XRAY
$2.68B
| $71.6M | 0.03% |
1,636,985
+174,161
| +12% | +$7.7M |
|
857
Twilio
TWLO
$30B
| $71.5M | 0.03% |
289,472
-16,077
| -5% | -$3.96M |
|
858
Medpace
MEDP
$16.1B
| $71.5M | 0.03% |
639,860
-28,411
| -4% | -$3.29M |
|
|
Y
859
DELISTED
Alleghany Corp
Y
| $71.4M | 0.03% |
137,151
+3,793
| +3% | +$1.99M |
|
|
BBL
860
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $71.4M | 0.03% |
1,672,596
+48,480
| +3% | +$2.16M |
|
861
ScottsMiracle-Gro
SMG
$3.82B
| $71.3M | 0.03% |
466,381
+3,491
| +0.8% | +$539K |
|
862
OSI Systems
OSIS
$3.65B
| $71.3M | 0.03% |
918,395
-58,843
| -6% | -$4.39M |
|
863
Rogers Corp
ROG
$2.21B
| $71.3M | 0.03% |
726,668
-14,250
| -2% | -$1.68M |
|
864
Service Corp International
SCI
$11.7B
| $71.2M | 0.03% |
1,688,232
-9,186
| -0.5% | -$392K |
|
865
AptarGroup
ATR
$8.55B
| $71.1M | 0.03% |
628,025
+309
| +0% | +$36.2K |
|
|
STAY
866
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $71M | 0.03% |
5,941,390
+200,960
| +4% | +$2.41M |
|
867
Smith & Wesson
SWBI
$651M
| $70.9M | 0.03% |
4,568,957
-1,450,417
| -24% | -$25.6M |
|
868
Nordson
NDSN
$16.6B
| $70.9M | 0.03% |
369,381
+7,749
| +2% | +$1.49M |
|
869
HCA Healthcare
HCA
$87.2B
| $70.8M | 0.03% |
568,222
+30,463
| +6% | +$3.77M |
|
|
BCPC
870
Balchem Corp
BCPC
$5.38B
| $70.8M | 0.03% |
724,775
-8,927
| -1% | -$875K |
|
871
Stewart Information Services
STC
$2.06B
| $70.7M | 0.03% |
1,616,954
-249,224
| -13% | -$10.1M |
|
872
LGI Homes
LGIH
$1.27B
| $70.7M | 0.03% |
608,482
-11,135
| -2% | -$1.23M |
|
873
Raymond James Financial
RJF
$33.8B
| $70.7M | 0.03% |
1,457,120
+160,634
| +12% | +$7.78M |
|
|
TGNA
874
DELISTED
TEGNA Inc
TGNA
| $70.6M | 0.03% |
6,012,437
+127,307
| +2% | +$1.51M |
|
|
DOOR
875
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $70.5M | 0.03% |
716,887
-18,283
| -2% | -$1.62M |
|
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.