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 | |
|---|---|---|---|---|---|---|
1001
CoStar Group
CSGP
$12.3B
| $76.1M | 0.03% |
823,010
+35,160
| +4% | +$3.08M |
|
1002
SiteOne Landscape Supply
SITE
$4.08B
| $76M | 0.03% |
479,322
-14,029
| -3% | -$1.92M |
|
1003
Brady Corp
BRC
$4.52B
| $76M | 0.03% |
1,439,424
-14,653
| -1% | -$648K |
|
|
HMSY
1004
DELISTED
HMS Holdings Corp.
HMSY
| $76M | 0.03% |
2,067,983
+39,125
| +2% | +$1.19M |
|
1005
IDEX
IEX
$17.1B
| $75.9M | 0.03% |
380,830
+12,397
| +3% | +$2.36M |
|
1006
Strategy Inc
MSTR
$35.1B
| $75.8M | 0.03% |
1,951,260
-96,220
| -5% | -$2.25M |
|
1007
California Water Service
CWT
$3.11B
| $75.7M | 0.03% |
1,401,929
-20,720
| -1% | -$1.02M |
|
1008
Landstar System
LSTR
$6.07B
| $75.6M | 0.03% |
561,677
+1,093
| +0.2% | +$143K |
|
1009
OFG Bancorp
OFG
$2.22B
| $75.5M | 0.03% |
4,072,565
-44,801
| -1% | -$724K |
|
1010
Axalta
AXTA
$7.52B
| $75.5M | 0.03% |
2,643,237
+482
| +0% | +$13.1K |
|
1011
Armstrong World Industries
AWI
$7.32B
| $75.5M | 0.03% |
1,014,320
-4,988
| -0.5% | -$361K |
|
|
JBGS
1012
JBG SMITH
JBGS
$857M
| $75.4M | 0.03% |
2,412,356
+54,030
| +2% | +$1.56M |
|
1013
Nordson
NDSN
$16.5B
| $75.3M | 0.03% |
374,626
+5,245
| +1% | +$1.05M |
|
1014
Webster Financial
WBS
$12.3B
| $75.2M | 0.03% |
1,784,747
-127,796
| -7% | -$4.61M |
|
1015
Curtiss-Wright
CW
$25.1B
| $75.2M | 0.03% |
645,986
+4,339
| +0.7% | +$458K |
|
|
CEO
1016
DELISTED
CNOOC Limited
CEO
| $75.2M | 0.03% |
820,305
-96,579
| -11% | -$9.55M |
|
1017
Wingstop
WING
$3.86B
| $75.1M | 0.03% |
566,431
-171,260
| -23% | -$22.4M |
|
1018
Markel Group
MKL
$25.5B
| $74.9M | 0.03% |
72,527
+3,408
| +5% | +$3.4M |
|
1019
Liberty Latin America Class C
LILAK
$1.65B
| $74.8M | 0.03% |
7,418,135
-179,048
| -2% | -$1.77M |
|
|
TSE
1020
DELISTED
Trinseo
TSE
| $74.8M | 0.03% |
1,460,364
+35,500
| +2% | +$1.35M |
|
1021
BHP
BHP
$211B
| $74.7M | 0.03% |
1,280,912
+119,547
| +10% | +$5.99M |
|
1022
Dorman Products
DORM
$4.28B
| $74.5M | 0.03% |
858,572
-23,511
| -3% | -$2.18M |
|
|
HPP
1023
Hudson Pacific Properties
HPP
$779M
| $74.5M | 0.03% |
443,051
+12,311
| +3% | +$2.03M |
|
|
CTXS
1024
DELISTED
Citrix Systems Inc
CTXS
| $74.5M | 0.03% |
572,359
-11,725
| -2% | -$1.49M |
|
1025
Resideo Technologies
REZI
$5.32B
| $74.4M | 0.03% |
3,498,085
-3,279
| -0.1% | -$52.5K |
|
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.