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 | |
|---|---|---|---|---|---|---|
1051
Credit Acceptance
CACC
$5.95B
| $58.8M | 0.02% |
173,700
-12,074
| -6% | -$5.08M |
|
|
PACW
1052
DELISTED
PacWest Bancorp
PACW
| $58.8M | 0.02% |
3,441,410
-238,216
| -6% | -$4.42M |
|
1053
America Movil
AMX
$76.1B
| $58.7M | 0.02% |
4,703,535
-168,810
| -3% | -$2.14M |
|
|
BBBY
1054
DELISTED
Bed Bath & Beyond Inc
BBBY
| $58.7M | 0.02% |
3,918,967
-146,949
| -4% | -$1.7M |
|
1055
Axalta
AXTA
$7.66B
| $58.6M | 0.02% |
2,642,755
-40,832
| -2% | -$946K |
|
1056
1st Source
SRCE
$2.16B
| $58.4M | 0.02% |
1,894,451
-28,309
| -1% | -$955K |
|
1057
A.O. Smith
AOS
$8.17B
| $58.4M | 0.02% |
1,106,356
+536
| +0% | +$26.8K |
|
1058
Robert Half
RHI
$3.87B
| $58.4M | 0.02% |
1,102,461
-31,547
| -3% | -$1.68M |
|
1059
Toronto Dominion Bank
TD
$198B
| $58.3M | 0.02% |
1,260,569
+68,375
| +6% | +$3.18M |
|
|
CHU
1060
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $58.2M | 0.02% |
8,905,910
-176,097
| -2% | -$1.16M |
|
1061
J&J Snack Foods
JJSF
$1.43B
| $58.2M | 0.02% |
446,662
+7,136
| +2% | +$928K |
|
1062
Brady Corp
BRC
$4.44B
| $58.2M | 0.02% |
1,454,077
-55,230
| -4% | -$2.53M |
|
1063
TriMas Corp
TRS
$1.43B
| $58.1M | 0.02% |
2,550,349
-3,647
| -0.1% | -$88.8K |
|
1064
Stellantis
STLA
$21.7B
| $58.1M | 0.02% |
4,751,523
-116,726
| -2% | -$1.3M |
|
|
SRC
1065
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $58M | 0.02% |
1,719,738
+67,774
| +4% | +$2.36M |
|
1066
Performance Food Group
PFGC
$18B
| $58M | 0.02% |
1,675,563
+44,415
| +3% | +$1.43M |
|
1067
Axos Financial
AX
$5.77B
| $58M | 0.02% |
2,488,171
-2,415
| -0.1% | -$55.2K |
|
1068
Compass Minerals
CMP
$1.23B
| $58M | 0.02% |
976,690
-36,830
| -4% | -$2.03M |
|
1069
Ollie's Bargain Outlet
OLLI
$4.44B
| $58M | 0.02% |
663,409
-13,588
| -2% | -$1.33M |
|
1070
Mueller Industries
MLI
$14.7B
| $57.9M | 0.02% |
8,559,744
-71,224
| -0.8% | -$509K |
|
1071
Onto Innovation
ONTO
$12.9B
| $57.9M | 0.02% |
1,944,234
-418,433
| -18% | -$13.9M |
|
1072
Neogen
NEOG
$2.63B
| $57.9M | 0.02% |
1,479,716
+7,154
| +0.5% | +$274K |
|
1073
ATI
ATI
$25.6B
| $57.7M | 0.02% |
6,621,351
-466,925
| -7% | -$4.3M |
|
|
DOC
1074
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $57.7M | 0.02% |
3,220,200
+24,691
| +0.8% | +$440K |
|
1075
Gen Digital
GEN
$16.4B
| $57.7M | 0.02% |
2,766,437
-35,869
| -1% | -$776K |
|
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.