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 | |
|---|---|---|---|---|---|---|
1201
Waters Corp
WAT
$37B
| $49.9M | 0.02% |
276,532
-51,003
| -16% | -$9.64M |
|
1202
Stellantis
STLA
$21.7B
| $49.9M | 0.02% |
4,868,249
+6,544
| +0.1% | +$56.6K |
|
|
COHR
1203
DELISTED
Coherent Inc
COHR
| $49.8M | 0.02% |
380,287
-7,890
| -2% | -$1.03M |
|
|
GWB
1204
DELISTED
Great Western Bancorp, Inc.
GWB
| $49.8M | 0.02% |
3,616,732
+84,780
| +2% | +$1.35M |
|
|
WMGI
1205
DELISTED
Wright Medical Group Inc
WMGI
| $49.8M | 0.02% |
1,674,316
-14,091
| -0.8% | -$412K |
|
|
CVET
1206
DELISTED
Covetrus, Inc. Common Stock
CVET
| $49.7M | 0.02% |
2,780,645
-8,554
| -0.3% | -$112K |
|
1207
Essent Group
ESNT
$6.08B
| $49.6M | 0.02% |
1,368,939
+14,072
| +1% | +$432K |
|
1208
BHP
BHP
$215B
| $49.6M | 0.02% |
1,118,125
+104,990
| +10% | +$4.11M |
|
1209
Hasbro
HAS
$13.2B
| $49.5M | 0.02% |
660,986
+105,727
| +19% | +$7.65M |
|
1210
Shinhan Financial Group
SHG
$32.8B
| $49.5M | 0.02% |
2,058,785
-200,607
| -9% | -$4.91M |
|
|
CHU
1211
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $49.5M | 0.02% |
9,082,007
-48,381
| -0.5% | -$294K |
|
|
PRAH
1212
DELISTED
PRA Health Sciences, Inc.
PRAH
| $49.5M | 0.02% |
508,881
+23,719
| +5% | +$2.21M |
|
1213
Five Below
FIVE
$12B
| $49.4M | 0.02% |
462,263
+51,798
| +13% | +$4.86M |
|
1214
Compass Minerals
CMP
$1.23B
| $49.4M | 0.02% |
1,013,520
-9,024
| -0.9% | -$419K |
|
1215
StoneX
SNEX
$9.26B
| $49.4M | 0.02% |
4,547,897
-51,708
| -1% | -$449K |
|
1216
APA Corp
APA
$13.2B
| $49.4M | 0.02% |
3,656,570
-4,704,199
| -56% | -$53.7M |
|
1217
Lincoln Electric
LECO
$14.2B
| $49.3M | 0.02% |
584,771
+11,174
| +2% | +$883K |
|
1218
Warner Bros
WBD
$65.9B
| $49.2M | 0.02% |
2,331,805
+37,439
| +2% | +$809K |
|
|
SFBS
1219
ServisFirst Bancshares
SFBS
$4.89B
| $49.2M | 0.02% |
1,374,952
-8,055
| -0.6% | -$266K |
|
|
NVO
1220
Novo Nordisk
NVO
$208B
| $48.9M | 0.02% |
1,493,704
| – | – |
|
1221
Littelfuse
LFUS
$11.2B
| $48.8M | 0.02% |
286,293
-4,735
| -2% | -$719K |
|
|
MCHB
1222
Mechanics Bancorp
MCHB
$3.72B
| $48.8M | 0.02% |
1,982,074
-99,896
| -5% | -$2.32M |
|
|
SINA
1223
DELISTED
Sina Corp
SINA
| $48.6M | 0.02% |
1,352,158
+46,027
| +4% | +$1.55M |
|
|
VIVO
1224
DELISTED
Meridian Bioscience Inc
VIVO
| $48.4M | 0.02% |
2,078,989
+50,772
| +3% | +$736K |
|
1225
Jack in the Box
JACK
$312M
| $48.3M | 0.02% |
651,801
-48,230
| -7% | -$2.97M |
|
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.