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 | |
|---|---|---|---|---|---|---|
1176
G-III Apparel Group
GIII
$1.54B
| $51.4M | 0.02% |
3,870,056
-149,411
| -4% | -$1.65M |
|
1177
Protolabs
PRLB
$1.79B
| $51.4M | 0.02% |
456,884
+11,965
| +3% | +$1.23M |
|
1178
Grand Canyon Education
LOPE
$3.79B
| $51.3M | 0.02% |
566,424
+70,673
| +14% | +$6.29M |
|
1179
Allison Transmission
ALSN
$9.5B
| $51.2M | 0.02% |
1,391,148
+125,478
| +10% | +$4.49M |
|
1180
Columbia Sportswear
COLM
$3.04B
| $51.1M | 0.02% |
633,966
+35,961
| +6% | +$2.62M |
|
1181
National Bank Holdings
NBHC
$1.92B
| $51.1M | 0.02% |
1,891,730
-27,816
| -1% | -$708K |
|
|
EV
1182
DELISTED
Eaton Vance Corp.
EV
| $51M | 0.02% |
1,322,714
+99,875
| +8% | +$3.64M |
|
1183
AMERISAFE
AMSF
$543M
| $51M | 0.02% |
833,220
-3,909
| -0.5% | -$243K |
|
1184
First Busey Corp
BUSE
$2.57B
| $50.7M | 0.02% |
2,716,213
+129,753
| +5% | +$2.25M |
|
|
NWLI
1185
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $50.6M | 0.02% |
248,935
-1,410
| -0.6% | -$269K |
|
|
MGP
1186
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $50.5M | 0.02% |
1,855,884
+86,832
| +5% | +$2.24M |
|
1187
Liberty Media Series C
FWONK
$24.6B
| $50.4M | 0.02% |
1,644,255
+209,870
| +15% | +$6.23M |
|
|
CZR
1188
DELISTED
Caesars Entertainment Corporation
CZR
| $50.4M | 0.02% |
4,156,102
-41,576
| -1% | -$420K |
|
1189
Allegiant Air
ALGT
$2.64B
| $50.4M | 0.02% |
461,537
-15,558
| -3% | -$1.42M |
|
1190
Eagle Bancorp
EGBN
$846M
| $50.4M | 0.02% |
1,537,782
+30,638
| +2% | +$977K |
|
1191
Clearwater Paper
CLW
$339M
| $50.3M | 0.02% |
1,393,142
+4,797
| +0.3% | +$133K |
|
1192
Woodward
WWD
$21.3B
| $50.3M | 0.02% |
648,203
+32,297
| +5% | +$2.11M |
|
|
NBL
1193
DELISTED
Noble Energy, Inc.
NBL
| $50.2M | 0.02% |
5,603,206
-1,573,676
| -22% | -$14.1M |
|
|
GES
1194
DELISTED
Guess Inc
GES
| $50.2M | 0.02% |
5,188,002
+18,810
| +0.4% | +$165K |
|
1195
Cracker Barrel
CBRL
$1.26B
| $50.1M | 0.02% |
451,889
+7,211
| +2% | +$715K |
|
|
MNTA
1196
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $50.1M | 0.02% |
1,506,022
-66,399
| -4% | -$2.11M |
|
1197
Scansource
SCSC
$1.15B
| $50.1M | 0.02% |
2,079,683
-15,036
| -0.7% | -$356K |
|
1198
Donaldson
DCI
$10.9B
| $50M | 0.02% |
1,074,929
+8,191
| +0.8% | +$362K |
|
1199
Gorman-Rupp
GRC
$2.14B
| $49.9M | 0.02% |
1,607,005
-23,314
| -1% | -$683K |
|
1200
Viavi Solutions
VIAV
$9.12B
| $49.9M | 0.02% |
3,916,932
+59,175
| +2% | +$710K |
|
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.