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 | |
|---|---|---|---|---|---|---|
1001
America Movil
AMX
$74.6B
| $61.8M | 0.03% |
4,872,345
+11,482
| +0.2% | +$143K |
|
|
TXNM
1002
TXNM Energy Inc
TXNM
$6.39B
| $61.8M | 0.03% |
1,607,892
-29,943
| -2% | -$1.2M |
|
1003
Equifax
EFX
$22B
| $61.8M | 0.03% |
359,375
+594
| +0.2% | +$88K |
|
1004
The Mosaic Company
MOS
$7.19B
| $61.7M | 0.03% |
4,934,217
-1,552,256
| -24% | -$18.6M |
|
|
EE
1005
DELISTED
El Paso Electric Company
EE
| $61.7M | 0.03% |
921,126
-6,672
| -0.7% | -$452K |
|
|
MODV
1006
DELISTED
ModivCare
MODV
| $61.7M | 0.03% |
781,632
-23,707
| -3% | -$1.6M |
|
1007
Public Service Enterprise Group
PEG
$38.7B
| $61.7M | 0.03% |
1,254,575
-64,517
| -5% | -$3.22M |
|
1008
NBT Bancorp
NBTB
$2.82B
| $61.7M | 0.03% |
2,004,359
-32,994
| -2% | -$1.03M |
|
1009
American States Water
AWR
$3.44B
| $61.6M | 0.03% |
783,586
-37,826
| -5% | -$3.01M |
|
1010
Gentherm
THRM
$1.32B
| $61.6M | 0.03% |
1,583,651
-6,295
| -0.4% | -$238K |
|
|
SNP
1011
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $61.6M | 0.03% |
1,467,544
-30,410
| -2% | -$1.43M |
|
1012
Mercury Insurance
MCY
$6B
| $61.6M | 0.03% |
1,510,886
-10,506
| -0.7% | -$422K |
|
1013
Avient
AVNT
$3.29B
| $61.5M | 0.03% |
2,345,237
+263,186
| +13% | +$6.11M |
|
1014
Standard Motor Products
SMP
$902M
| $61.5M | 0.03% |
1,492,487
-12,243
| -0.8% | -$495K |
|
|
IRBT
1015
DELISTED
iRobot
IRBT
| $61.3M | 0.03% |
730,720
+14,733
| +2% | +$970K |
|
1016
Highwoods Properties
HIW
$3.79B
| $61.2M | 0.03% |
1,639,612
+13,056
| +0.8% | +$486K |
|
1017
TriMas Corp
TRS
$1.41B
| $61.2M | 0.03% |
2,553,996
+20,268
| +0.8% | +$466K |
|
1018
New Oriental
EDU
$9.32B
| $61.1M | 0.03% |
469,252
+3,827
| +0.8% | +$466K |
|
1019
Las Vegas Sands
LVS
$32.2B
| $61.1M | 0.03% |
1,341,555
+34,600
| +3% | +$1.63M |
|
1020
Ziff Davis
ZD
$2B
| $61.1M | 0.03% |
1,110,519
-1,704
| -0.2% | -$111K |
|
1021
IDEX
IEX
$17B
| $61.1M | 0.03% |
386,443
+1,739
| +0.5% | +$266K |
|
1022
Acushnet Holdings
GOLF
$6B
| $61M | 0.03% |
1,752,805
+219,160
| +14% | +$6.5M |
|
1023
Bank of Hawaii
BOH
$3.14B
| $60.9M | 0.03% |
992,036
-9,256
| -0.9% | -$572K |
|
1024
CVB Financial
CVBF
$4.02B
| $60.9M | 0.03% |
3,247,254
-215,718
| -6% | -$4.12M |
|
|
B
1025
Barrick Mining
B
$60.9B
| $60.8M | 0.03% |
2,258,513
-157,871
| -7% | -$3.94M |
|
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.