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 | |
|---|---|---|---|---|---|---|
1126
Huntington Ingalls Industries
HII
$12.9B
| $53.9M | 0.02% |
383,245
-4,097
| -1% | -$659K |
|
1127
InterDigital
IDCC
$7.87B
| $53.9M | 0.02% |
943,741
-41,725
| -4% | -$2.51M |
|
1128
Essent Group
ESNT
$6.08B
| $53.8M | 0.02% |
1,454,379
+85,440
| +6% | +$3.05M |
|
|
OPTU
1129
Optimum Communications Inc
OPTU
$298M
| $53.8M | 0.02% |
2,067,529
+10,830
| +0.5% | +$281K |
|
|
IRBT
1130
DELISTED
iRobot
IRBT
| $53.7M | 0.02% |
708,075
-22,645
| -3% | -$1.74M |
|
1131
CVB Financial
CVBF
$3.94B
| $53.6M | 0.02% |
3,225,788
-21,466
| -0.7% | -$383K |
|
|
GRUB
1132
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $53.6M | 0.02% |
370,725
-19,731
| -5% | -$2.85M |
|
1133
BHP
BHP
$215B
| $53.6M | 0.02% |
1,161,365
+43,240
| +4% | +$2.08M |
|
1134
Exelixis
EXEL
$13.3B
| $53.6M | 0.02% |
2,191,092
-639
| -0% | -$14.9K |
|
1135
ePlus
PLUS
$2.42B
| $53.6M | 0.02% |
1,463,640
-57,440
| -4% | -$2.13M |
|
|
ENIA
1136
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $53.5M | 0.02% |
8,279,345
-1,348,320
| -14% | -$9.85M |
|
1137
Scholastic
SCHL
$767M
| $53.4M | 0.02% |
2,546,238
-133,879
| -5% | -$3.28M |
|
1138
Johnson Outdoors
JOUT
$491M
| $53.4M | 0.02% |
652,527
-9,332
| -1% | -$807K |
|
1139
NBT Bancorp
NBTB
$2.74B
| $53.4M | 0.02% |
1,991,798
-12,561
| -0.6% | -$373K |
|
|
MGP
1140
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $53.4M | 0.02% |
1,908,077
+52,193
| +3% | +$1.45M |
|
1141
New Jersey Resources
NJR
$5.84B
| $53.3M | 0.02% |
1,973,130
+156,322
| +9% | +$4.76M |
|
1142
Mativ Holdings
MATV
$481M
| $53.3M | 0.02% |
1,753,092
-6,726
| -0.4% | -$211K |
|
1143
JELD-WEN Holding
JELD
$122M
| $53.3M | 0.02% |
2,357,026
-63,103
| -3% | -$1.29M |
|
1144
Evertec
EVTC
$1.88B
| $53.3M | 0.02% |
1,534,541
-6,466
| -0.4% | -$208K |
|
1145
Agree Realty
ADC
$9.34B
| $53.3M | 0.02% |
836,768
+129,644
| +18% | +$8.54M |
|
1146
SPX Corp
SPXC
$11B
| $53.2M | 0.02% |
1,147,017
-2,179
| -0.2% | -$91.8K |
|
1147
Cannae Holdings
CNNE
$639M
| $53.1M | 0.02% |
1,426,269
-755,786
| -35% | -$28.7M |
|
|
ARNA
1148
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $53.1M | 0.02% |
709,957
-1,327
| -0.2% | -$88.5K |
|
1149
First Commonwealth Financial
FCF
$2.18B
| $53M | 0.02% |
6,851,726
-80,801
| -1% | -$643K |
|
1150
Photronics
PLAB
$1.79B
| $53M | 0.02% |
5,322,912
-122,262
| -2% | -$1.32M |
|
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.