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 | |
|---|---|---|---|---|---|---|
1026
Casey's General Stores
CASY
$32.3B
| $74.3M | 0.03% |
416,204
+191
| +0% | +$34.6K |
|
1027
Sempra
SRE
$58.3B
| $74.3M | 0.03% |
1,166,250
+24,012
| +2% | +$1.54M |
|
1028
1st Source
SRCE
$2.19B
| $74.3M | 0.03% |
1,843,367
-51,084
| -3% | -$1.87M |
|
1029
Calix
CALX
$2.27B
| $74.2M | 0.03% |
2,493,891
-223,580
| -8% | -$5.52M |
|
1030
Public Service Enterprise Group
PEG
$38.8B
| $74.2M | 0.03% |
1,272,556
+16,334
| +1% | +$951K |
|
1031
Mueller Industries
MLI
$14.5B
| $74.2M | 0.03% |
8,448,148
-111,596
| -1% | -$894K |
|
1032
GameStop
GME
$9.81B
| $74.1M | 0.03% |
15,739,676
-52,780
| -0.3% | -$182K |
|
1033
AeroVironment
AVAV
$7.41B
| $74.1M | 0.03% |
852,502
-81,970
| -9% | -$6.58M |
|
1034
WEC Energy
WEC
$36.4B
| $74M | 0.03% |
804,568
+6,228
| +0.8% | +$606K |
|
|
SKX
1035
DELISTED
Skechers
SKX
| $74M | 0.03% |
2,059,484
-101,208
| -5% | -$3.44M |
|
1036
Steven Madden
SHOO
$3.17B
| $74M | 0.03% |
2,094,655
-239,430
| -10% | -$6.81M |
|
1037
First Commonwealth Financial
FCF
$2.24B
| $74M | 0.03% |
6,759,829
-91,897
| -1% | -$880K |
|
1038
Employers Holdings
EIG
$899M
| $73.9M | 0.03% |
2,295,013
-72,451
| -3% | -$2.34M |
|
|
PRFT
1039
DELISTED
Perficient Inc
PRFT
| $73.5M | 0.03% |
1,542,578
-158,216
| -9% | -$7.18M |
|
1040
Mueller Water Products
MWA
$3.95B
| $73.5M | 0.03% |
5,935,728
-131,286
| -2% | -$1.51M |
|
|
SBNY
1041
DELISTED
Signature Bank
SBNY
| $73.4M | 0.03% |
542,861
+9,313
| +2% | +$973K |
|
1042
Warner Bros
WBD
$64.2B
| $73.3M | 0.03% |
2,436,746
+4,600
| +0.2% | +$113K |
|
1043
Liberty Media Series C
FWONK
$25.6B
| $73.2M | 0.03% |
1,776,508
+33,133
| +2% | +$1.28M |
|
|
KRA
1044
DELISTED
Kraton Corporation
KRA
| $73.1M | 0.03% |
2,628,971
-40,915
| -2% | -$1.1M |
|
|
AMWD
1045
DELISTED
American Woodmark
AMWD
| $73M | 0.03% |
777,967
-25,656
| -3% | -$2.33M |
|
1046
Allegion
ALLE
$13.4B
| $72.9M | 0.03% |
626,114
+16,787
| +3% | +$1.82M |
|
|
GMS
1047
DELISTED
GMS Inc
GMS
| $72.8M | 0.03% |
2,387,886
-518
| -0% | -$14.4K |
|
1048
CorVel
CRVL
$3.19B
| $72.7M | 0.03% |
2,057,289
-58,980
| -3% | -$1.83M |
|
1049
DTE Energy
DTE
$29.8B
| $72.5M | 0.03% |
702,154
+12,242
| +2% | +$1.29M |
|
1050
Morningstar
MORN
$7.61B
| $72.5M | 0.03% |
313,144
-1,603
| -0.5% | -$318K |
|
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.