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 | |
|---|---|---|---|---|---|---|
1126
Brink's
BCO
$5.01B
| $66M | 0.02% |
916,708
+4,486
| +0.5% | +$261K |
|
1127
Ambarella
AMBA
$3.04B
| $65.8M | 0.02% |
716,960
-8,287
| -1% | -$580K |
|
|
CKH
1128
DELISTED
Seacor Holdings Inc.
CKH
| $65.6M | 0.02% |
1,582,706
-20,119
| -1% | -$706K |
|
1129
Masco
MAS
$14.6B
| $65.4M | 0.02% |
1,190,948
+63,373
| +6% | +$3.49M |
|
1130
United Natural Foods
UNFI
$3.04B
| $65.4M | 0.02% |
4,095,293
-192,278
| -4% | -$3.22M |
|
|
NUVA
1131
DELISTED
NuVasive, Inc.
NUVA
| $65.4M | 0.02% |
1,160,418
+3,327
| +0.3% | +$164K |
|
|
XEC
1132
DELISTED
CIMAREX ENERGY CO
XEC
| $65.4M | 0.02% |
1,742,423
-845,457
| -33% | -$27.1M |
|
1133
Coca-Cola Consolidated
COKE
$12.8B
| $65.3M | 0.02% |
2,451,310
-90,120
| -4% | -$2.29M |
|
1134
J&J Snack Foods
JJSF
$1.49B
| $65.2M | 0.02% |
419,527
-27,135
| -6% | -$3.96M |
|
1135
AES
AES
$10.6B
| $65.1M | 0.02% |
2,769,956
+72,451
| +3% | +$1.51M |
|
1136
Acco Brands
ACCO
$399M
| $65M | 0.02% |
7,696,357
-286,680
| -4% | -$2.08M |
|
|
CORE
1137
DELISTED
Core Mark Holding Co., Inc.
CORE
| $65M | 0.02% |
2,213,843
-63,468
| -3% | -$1.94M |
|
1138
Kearny Financial
KRNY
$604M
| $64.9M | 0.02% |
6,147,265
-259,042
| -4% | -$2.45M |
|
|
BRKL
1139
DELISTED
Brookline Bancorp
BRKL
| $64.9M | 0.02% |
5,391,205
-208,087
| -4% | -$2.25M |
|
1140
Huron Consulting
HURN
$2.76B
| $64.9M | 0.02% |
1,100,189
-57,811
| -5% | -$2.64M |
|
1141
LGI Homes
LGIH
$1.35B
| $64.8M | 0.02% |
612,588
+4,106
| +0.7% | +$468K |
|
1142
BJs Wholesale Club
BJ
$12.8B
| $64.7M | 0.02% |
1,736,302
+46,704
| +3% | +$1.87M |
|
|
PRAH
1143
DELISTED
PRA Health Sciences, Inc.
PRAH
| $64.7M | 0.02% |
515,449
+8,161
| +2% | +$913K |
|
1144
Papa John's
PZZA
$1.01B
| $64.6M | 0.02% |
761,081
-36,551
| -5% | -$2.99M |
|
1145
Granite Construction
GVA
$5.16B
| $64.6M | 0.02% |
2,417,185
-21,406
| -0.9% | -$492K |
|
|
VAR
1146
DELISTED
Varian Medical Systems, Inc.
VAR
| $64.4M | 0.02% |
368,049
-841
| -0.2% | -$146K |
|
1147
Sibanye-Stillwater
SBSW
$6.05B
| $64.4M | 0.02% |
4,049,378
-155,344
| -4% | -$2.09M |
|
1148
America Movil
AMX
$74.6B
| $64.4M | 0.02% |
4,424,972
-278,563
| -6% | -$3.78M |
|
1149
NeoGenomics
NEO
$1.99B
| $64.3M | 0.02% |
1,194,199
-113,918
| -9% | -$5.15M |
|
|
GLDD
1150
DELISTED
Great Lakes Dredge & Dock
GLDD
| $64.2M | 0.02% |
4,877,453
-79,906
| -2% | -$895K |
|
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.