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 | |
|---|---|---|---|---|---|---|
1051
Stewart Information Services
STC
$2.14B
| $72.4M | 0.03% |
1,497,634
-119,320
| -7% | -$5.44M |
|
1052
Protolabs
PRLB
$1.73B
| $72.4M | 0.03% |
471,820
-4,698
| -1% | -$663K |
|
|
BBBY
1053
DELISTED
Bed Bath & Beyond Inc
BBBY
| $72.3M | 0.03% |
4,072,104
+153,137
| +4% | +$3.18M |
|
1054
Wolverine World Wide
WWW
$1.68B
| $72.3M | 0.03% |
2,314,245
-138,277
| -6% | -$4.03M |
|
|
TXNM
1055
TXNM Energy Inc
TXNM
$6.41B
| $72M | 0.03% |
1,484,584
-85,850
| -5% | -$4.14M |
|
|
SRC
1056
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $72M | 0.03% |
1,793,427
+73,689
| +4% | +$2.66M |
|
1057
Saic
SAIC
$4.95B
| $72M | 0.03% |
761,082
+8,907
| +1% | +$783K |
|
1058
Brown & Brown
BRO
$25B
| $72M | 0.03% |
1,519,471
+34,996
| +2% | +$1.61M |
|
1059
Addus HomeCare
ADUS
$2.24B
| $72M | 0.03% |
614,509
-52,714
| -8% | -$5.44M |
|
|
ZNGA
1060
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $71.8M | 0.03% |
7,277,819
-126,571
| -2% | -$1.14M |
|
1061
Leggett & Platt
LEG
$1.41B
| $71.6M | 0.03% |
1,616,606
+7,357
| +0.5% | +$316K |
|
|
NAV
1062
DELISTED
Navistar International
NAV
| $71.5M | 0.03% |
1,627,377
-61,719
| -4% | -$2.69M |
|
1063
Toronto Dominion Bank
TD
$196B
| $71.5M | 0.03% |
1,266,714
+6,145
| +0.5% | +$311K |
|
1064
New Jersey Resources
NJR
$5.96B
| $71.4M | 0.03% |
2,007,182
+34,052
| +2% | +$1.11M |
|
1065
F5
FFIV
$22.5B
| $71.3M | 0.03% |
405,233
+7,830
| +2% | +$1.19M |
|
1066
Bank of Hawaii
BOH
$3.13B
| $71.1M | 0.03% |
928,487
-20,702
| -2% | -$1.42M |
|
1067
Patrick Industries
PATK
$2.88B
| $71.1M | 0.03% |
1,559,918
-72,478
| -4% | -$3.07M |
|
1068
John Wiley & Sons Class A
WLY
$2.87B
| $71M | 0.03% |
1,556,021
-98,418
| -6% | -$3.56M |
|
1069
FirstCash
FCFS
$8.8B
| $71M | 0.03% |
1,014,005
-43,064
| -4% | -$2.73M |
|
1070
Johnson Outdoors
JOUT
$498M
| $71M | 0.03% |
630,430
-22,097
| -3% | -$2.01M |
|
1071
Cavco Industries
CVCO
$4.44B
| $70.9M | 0.03% |
403,856
-24,317
| -6% | -$4.51M |
|
|
RDUS
1072
DELISTED
Radius Recycling
RDUS
| $70.7M | 0.03% |
2,214,749
-27,457
| -1% | -$676K |
|
1073
Encore Capital Group
ECPG
$2.07B
| $70.6M | 0.03% |
1,812,722
-81,733
| -4% | -$2.97M |
|
1074
St. Joe Company
JOE
$3.57B
| $70.6M | 0.03% |
1,663,053
-62,219
| -4% | -$1.98M |
|
1075
Griffon
GFF
$4.05B
| $70.5M | 0.03% |
3,461,566
-118,933
| -3% | -$2.56M |
|
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.