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 | |
|---|---|---|---|---|---|---|
1201
JELD-WEN Holding
JELD
$110M
| $60.6M | 0.02% |
2,390,718
+33,692
| +1% | +$808K |
|
1202
Columbus McKinnon
CMCO
$422M
| $60.5M | 0.02% |
1,574,465
-8,814
| -0.6% | -$332K |
|
1203
Evolent Health
EVH
$371M
| $60.5M | 0.02% |
3,772,708
-21,971
| -0.6% | -$290K |
|
1204
Lazard
LAZ
$4B
| $60.5M | 0.02% |
1,429,479
+3,026
| +0.2% | +$114K |
|
1205
Shutterstock
SSTK
$209M
| $60.4M | 0.02% |
842,182
-2,925
| -0.3% | -$194K |
|
1206
Evertec
EVTC
$1.97B
| $60.3M | 0.02% |
1,534,355
-186
| -0% | -$6.91K |
|
1207
Monolithic Power Systems
MPWR
$61.4B
| $60.3M | 0.02% |
164,694
-14,692
| -8% | -$4.71M |
|
1208
Donaldson
DCI
$10.7B
| $60.2M | 0.02% |
1,077,895
+7,875
| +0.7% | +$416K |
|
1209
Andersons Inc
ANDE
$2.39B
| $60.2M | 0.02% |
2,457,238
-7,045
| -0.3% | -$157K |
|
|
MAGN
1210
Magnera Corp
MAGN
$493M
| $60.1M | 0.02% |
282,350
-1,560
| -0.5% | -$313K |
|
1211
Boot Barn
BOOT
$4.58B
| $60.1M | 0.02% |
1,385,706
-57,351
| -4% | -$2.16M |
|
1212
Kelly Services Class A
KELYA
$548M
| $60.1M | 0.02% |
2,920,767
-33,551
| -1% | -$673K |
|
|
ENIA
1213
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $60M | 0.02% |
7,300,102
-979,243
| -12% | -$7.14M |
|
|
AZPN
1214
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $59.9M | 0.02% |
459,810
+13,936
| +3% | +$1.82M |
|
1215
OceanFirst Financial
OCFC
$1.71B
| $59.8M | 0.02% |
3,212,343
-21,678
| -0.7% | -$355K |
|
1216
A.O. Smith
AOS
$8.55B
| $59.8M | 0.02% |
1,091,655
-14,701
| -1% | -$810K |
|
1217
DHT Holdings
DHT
$2.99B
| $59.8M | 0.02% |
11,425,730
-69,927
| -0.6% | -$365K |
|
1218
Viavi Solutions
VIAV
$7.95B
| $59.8M | 0.02% |
3,990,311
+10,476
| +0.3% | +$139K |
|
1219
Erie Indemnity
ERIE
$13B
| $59.5M | 0.02% |
242,472
+8,001
| +3% | +$1.87M |
|
|
TMX
1220
DELISTED
Terminix Global Holdings, Inc.
TMX
| $59.5M | 0.02% |
1,166,771
-10,266
| -0.9% | -$495K |
|
|
QTS
1221
DELISTED
QTS REALTY TRUST, INC.
QTS
| $59.5M | 0.02% |
961,360
+26,538
| +3% | +$1.66M |
|
1222
Park Hotels & Resorts
PK
$3.08B
| $59.5M | 0.02% |
3,467,616
-132,902
| -4% | -$1.84M |
|
1223
Agree Realty
ADC
$9.66B
| $59.5M | 0.02% |
893,163
+56,395
| +7% | +$3.69M |
|
1224
AZZ Inc
AZZ
$4.24B
| $59.4M | 0.02% |
1,251,285
-35,117
| -3% | -$1.42M |
|
1225
SEI Investments
SEIC
$12.3B
| $59.2M | 0.02% |
1,029,900
+18,453
| +2% | +$1.01M |
|
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.