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 | |
|---|---|---|---|---|---|---|
1101
Monro
MNRO
$414M
| $56.6M | 0.02% |
1,030,896
+147,082
| +17% | +$7.83M |
|
1102
Teledyne Technologies
TDY
$29.2B
| $56.6M | 0.02% |
182,181
-21,539
| -11% | -$7.08M |
|
1103
Visteon
VC
$2.85B
| $56.5M | 0.02% |
824,932
-3,433
| -0.4% | -$216K |
|
|
HTLF
1104
DELISTED
Heartland Financial USA, Inc.
HTLF
| $56.4M | 0.02% |
1,688,127
+81,719
| +5% | +$2.56M |
|
1105
Advanced Drainage Systems
WMS
$10.6B
| $56.4M | 0.02% |
1,142,240
-70,274
| -6% | -$2.89M |
|
1106
Envista
NVST
$4.62B
| $56.3M | 0.02% |
2,669,632
+1,226,506
| +85% | +$23M |
|
1107
ArcBest
ARCB
$3.15B
| $56.3M | 0.02% |
2,123,095
-20,564
| -1% | -$441K |
|
|
BEAT
1108
DELISTED
BioTelemetry, Inc.
BEAT
| $56.3M | 0.02% |
1,245,349
-2,395
| -0.2% | -$107K |
|
1109
International Flavors & Fragrances
IFF
$20.3B
| $56.3M | 0.02% |
459,403
-7,237
| -2% | -$915K |
|
1110
SFL Corp
SFL
$1.61B
| $56.1M | 0.02% |
6,043,663
+145,767
| +2% | +$1.46M |
|
1111
British American Tobacco
BTI
$136B
| $56M | 0.02% |
1,442,984
-27,357
| -2% | -$1.05M |
|
|
DOC
1112
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $56M | 0.02% |
3,195,509
+156,791
| +5% | +$2.56M |
|
1113
J&J Snack Foods
JJSF
$1.49B
| $55.9M | 0.02% |
439,526
+2,374
| +0.5% | +$298K |
|
1114
InterDigital
IDCC
$6.75B
| $55.8M | 0.02% |
985,466
-83,416
| -8% | -$4.43M |
|
1115
OFG Bancorp
OFG
$2.21B
| $55.7M | 0.02% |
4,162,884
+29,919
| +0.7% | +$361K |
|
1116
Ameren
AEE
$30.4B
| $55.6M | 0.02% |
790,837
+6,944
| +0.9% | +$503K |
|
1117
Gen Digital
GEN
$16.5B
| $55.6M | 0.02% |
2,802,306
+228,558
| +9% | +$4.65M |
|
1118
Kearny Financial
KRNY
$604M
| $55.4M | 0.02% |
6,773,120
-551,740
| -8% | -$4.62M |
|
|
CADE
1119
DELISTED
Cadence Bancorporation
CADE
| $55.4M | 0.02% |
6,252,666
-263,287
| -4% | -$1.88M |
|
1120
MGE Energy Inc
MGEE
$3.03B
| $55.4M | 0.02% |
858,427
-23,994
| -3% | -$1.57M |
|
1121
Virtus Investment Partners
VRTS
$1.12B
| $55.4M | 0.02% |
476,110
-19,157
| -4% | -$1.79M |
|
1122
Lumentum
LITE
$46.9B
| $55.3M | 0.02% |
679,696
-165,818
| -20% | -$12.6M |
|
1123
Abercrombie & Fitch
ANF
$4.55B
| $55.3M | 0.02% |
5,199,089
-30,105
| -0.6% | -$329K |
|
1124
Huron Consulting
HURN
$2.76B
| $55.3M | 0.02% |
1,249,769
-39,332
| -3% | -$1.77M |
|
|
PPL
1125
PPL Corp
PPL
$26.9B
| $55.3M | 0.02% |
2,139,022
-8,209
| -0.4% | -$214K |
|
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.