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 |
International Flavors & Fragrances
IFF
|
+$147M |
| 2 |
Broadcom
AVGO
|
+$140M |
| 3 |
Builders FirstSource
BLDR
|
+$117M |
| 4 |
Equinix
EQIX
|
+$99.7M |
| 5 |
ConocoPhillips
COP
|
+$82.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GameStop
GME
|
+$464M |
| 2 |
Chevron
CVX
|
+$257M |
| 3 |
Apple
AAPL
|
+$250M |
| 4 |
BMCH
BMC Stock Holdings, Inc
BMCH
|
+$197M |
| 5 |
CHL
China Mobile Limited
CHL
|
+$178M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.74% |
| 2 | Technology | 15.62% |
| 3 | Industrials | 13.76% |
| 4 | Consumer Discretionary | 12.2% |
| 5 | Healthcare | 10.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Equity Residential
EQR
$25.2B
| $425M | 0.14% |
5,937,341
-107,310
| -2% | -$7.1M |
|
102
Freeport-McMoran
FCX
$90.2B
| $415M | 0.14% |
12,597,942
-270,699
| -2% | -$8.78M |
|
103
AvalonBay Communities
AVB
$26.8B
| $411M | 0.14% |
2,228,913
-38,068
| -2% | -$6.66M |
|
104
Fidelity National Information Services
FIS
$22.3B
| $410M | 0.14% |
2,913,070
-319,141
| -10% | -$43.6M |
|
105
Kroger
KR
$35.5B
| $393M | 0.13% |
10,912,090
+406,343
| +4% | +$13.9M |
|
106
Republic Services
RSG
$66.7B
| $389M | 0.13% |
3,913,621
+26,238
| +0.7% | +$2.46M |
|
107
Dow Inc
DOW
$20.8B
| $389M | 0.13% |
6,079,213
+667,196
| +12% | +$39.9M |
|
108
Amkor Technology
AMKR
$15B
| $388M | 0.13% |
16,328,462
-394,483
| -2% | -$8.07M |
|
|
BNY
109
Bank of New York Mellon
BNY
$107B
| $387M | 0.13% |
8,182,842
+200,995
| +3% | +$8.84M |
|
110
AutoNation
AN
$7.1B
| $385M | 0.13% |
4,134,109
-791,892
| -16% | -$63.5M |
|
111
Corning
GLW
$123B
| $385M | 0.13% |
8,845,027
-8,239
| -0.1% | -$317K |
|
112
Hartford Financial Services
HIG
$38.4B
| $381M | 0.13% |
5,699,859
+11,148
| +0.2% | +$602K |
|
113
Alexandria Real Estate Equities
ARE
$8.96B
| $379M | 0.13% |
2,304,255
+59,709
| +3% | +$9.95M |
|
114
Altria Group
MO
$122B
| $376M | 0.12% |
7,347,391
-48,023
| -0.6% | -$2.15M |
|
115
United Rentals
URI
$70.2B
| $376M | 0.12% |
1,140,584
-1,567
| -0.1% | -$444K |
|
|
SCHW
116
Charles Schwab
SCHW
$181B
| $373M | 0.12% |
5,725,005
-28,012
| -0.5% | -$1.7M |
|
117
McDonald's
MCD
$192B
| $372M | 0.12% |
1,661,509
-16,245
| -1% | -$3.47M |
|
118
Cummins
CMI
$91.3B
| $369M | 0.12% |
1,423,189
+25,477
| +2% | +$6.36M |
|
119
Realty Income
O
$61.1B
| $368M | 0.12% |
5,972,660
+214,639
| +4% | +$12.7M |
|
120
American Express
AXP
$229B
| $367M | 0.12% |
2,596,494
-86,169
| -3% | -$11.4M |
|
121
Nucor
NUE
$56.4B
| $367M | 0.12% |
4,567,965
-345,075
| -7% | -$20.9M |
|
122
Lithia Motors
LAD
$7.88B
| $365M | 0.12% |
935,230
-288,166
| -24% | -$104M |
|
123
Trane Technologies
TT
$107B
| $364M | 0.12% |
2,199,474
-46,828
| -2% | -$7.25M |
|
124
Netflix
NFLX
$293B
| $359M | 0.12% |
6,888,340
+22,540
| +0.3% | +$1.2M |
|
125
Marathon Petroleum
MPC
$91.2B
| $359M | 0.12% |
6,718,094
-695,859
| -9% | -$35.1M |
|
Similar funds
Dimensional Fund Advisors's Q1 2021 Portfolio in Review
As of Q1 2021, Dimensional Fund Advisors held 3,466 positions worth $302B, up 9.2% from $277B the previous quarter. Its ten largest holdings account for 9.8% of the portfolio.
Dimensional Fund Advisors's Q1 2021 filing shows 123 new, 1,208 increased, 1,942 reduced and 57 closed positions. Its largest new stake was Cognyte Software: 1,291,244 shares worth $35.9M. The largest sale was GameStop, an estimated $464M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q1 2021 buy was Cognyte Software: 1,291,244 shares worth $35.9M.
- Dimensional Fund Advisors added most to International Flavors & Fragrances in Q1 2021, an estimated $147M increase.
- Dimensional Fund Advisors's biggest Q1 2021 reduction was GameStop, cutting an estimated $464M.
- Dimensional Fund Advisors fully exited BMC Stock Holdings, Inc in Q1 2021, selling an estimated $197M.
- Dimensional Fund Advisors's ten largest holdings make up 9.8% of its $302B portfolio in Q1 2021.
- Dimensional Fund Advisors opened 123 new positions and closed 57 in Q1 2021.
- Dimensional Fund Advisors's portfolio value rose 9.2% quarter-over-quarter to $302B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2021, filed 14 May 2021.