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 | |
|---|---|---|---|---|---|---|
1101
Watsco Inc
WSO
$12.7B
| $55.8M | 0.02% |
239,522
-2,849
| -1% | -$642K |
|
1102
Franklin Resources
BEN
$17.6B
| $55.8M | 0.02% |
2,740,336
+163,073
| +6% | +$3.42M |
|
1103
Zumiez
ZUMZ
$332M
| $55.7M | 0.02% |
2,003,392
-142,313
| -7% | -$3.72M |
|
|
CIT
1104
DELISTED
CIT Group Inc.
CIT
| $55.6M | 0.02% |
3,140,125
-117,247
| -4% | -$2.24M |
|
1105
Trimble
TRMB
$13.2B
| $55.5M | 0.02% |
1,138,683
+38,388
| +3% | +$1.83M |
|
1106
NOV
NOV
$6.93B
| $55.4M | 0.02% |
6,119,046
-874,706
| -13% | -$10.2M |
|
1107
Bright Horizons
BFAM
$3.92B
| $55.1M | 0.02% |
362,411
-351
| -0.1% | -$44.1K |
|
1108
Allegiant Air
ALGT
$2.64B
| $55M | 0.02% |
459,084
-2,453
| -0.5% | -$296K |
|
1109
Edison International
EIX
$28.2B
| $55M | 0.02% |
1,081,798
+73,566
| +7% | +$3.92M |
|
|
ECHO
1110
DELISTED
Echo Global Logistics, Inc.
ECHO
| $54.9M | 0.02% |
2,130,147
-73,627
| -3% | -$1.89M |
|
1111
Etsy
ETSY
$7.75B
| $54.7M | 0.02% |
449,551
+48,128
| +12% | +$5.63M |
|
|
HOUS
1112
DELISTED
Anywhere Real Estate
HOUS
| $54.6M | 0.02% |
5,786,226
-451,644
| -7% | -$4.34M |
|
1113
News Corp Class B
NWS
$16.9B
| $54.6M | 0.02% |
3,906,329
-74,758
| -2% | -$1.04M |
|
1114
Wyndham Hotels & Resorts
WH
$5.56B
| $54.6M | 0.02% |
1,081,034
+54,098
| +5% | +$2.64M |
|
|
VG
1115
DELISTED
Vonage Holdings Corporation
VG
| $54.6M | 0.02% |
5,336,419
-39,292
| -0.7% | -$436K |
|
1116
Safety Insurance
SAFT
$1.52B
| $54.5M | 0.02% |
788,819
-57,162
| -7% | -$4.24M |
|
1117
NETGEAR
NTGR
$648M
| $54.5M | 0.02% |
1,767,609
-6,941
| -0.4% | -$211K |
|
1118
First Interstate BancSystem
FIBK
$3.69B
| $54.3M | 0.02% |
1,705,846
+28,344
| +2% | +$878K |
|
1119
Archrock
AROC
$6.27B
| $54.3M | 0.02% |
10,088,481
+134,196
| +1% | +$877K |
|
|
SYNH
1120
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $54.2M | 0.02% |
1,019,377
-46,311
| -4% | -$2.76M |
|
|
ANAT
1121
DELISTED
American National Group, Inc. Common Stock
ANAT
| $54.2M | 0.02% |
802,140
-585
| -0.1% | -$42.5K |
|
|
SNP
1122
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $54M | 0.02% |
1,335,225
-132,319
| -9% | -$5.81M |
|
1123
Vail Resorts
MTN
$5.32B
| $54M | 0.02% |
252,453
-8,800
| -3% | -$1.81M |
|
1124
Helmerich & Payne
HP
$3.45B
| $54M | 0.02% |
3,685,630
-186,289
| -5% | -$3.24M |
|
1125
Affiliated Managers Group
AMG
$9.69B
| $54M | 0.02% |
789,473
+12,637
| +2% | +$883K |
|
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.