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 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$221M |
| 2 |
WillScot Mobile Mini Holdings
WSC
|
+$137M |
| 3 |
First Horizon
FHN
|
+$120M |
| 4 |
Alibaba
BABA
|
+$116M |
| 5 |
Brookfield Renewable
BEPC
|
+$85.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$732M |
| 2 |
TECD
Tech Data Corp
TECD
|
+$350M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$242M |
| 4 |
Pfizer
PFE
|
+$211M |
| 5 |
LM
Legg Mason, Inc.
LM
|
+$177M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 15.39% |
| 3 | Industrials | 13.31% |
| 4 | Consumer Discretionary | 12.36% |
| 5 | Healthcare | 11.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
Laureate Education
LAUR
$5.28B
| $48.6M | 0.02% |
3,661,576
-99,008
| -3% | -$1.19M |
|
|
HMSY
1227
DELISTED
HMS Holdings Corp.
HMSY
| $48.6M | 0.02% |
2,028,858
-4,590
| -0.2% | -$135K |
|
|
SPTN
1228
DELISTED
SpartanNash
SPTN
| $48.5M | 0.02% |
2,965,906
-82,210
| -3% | -$1.64M |
|
|
KAMN
1229
DELISTED
Kaman Corp
KAMN
| $48.4M | 0.02% |
1,243,232
-43,009
| -3% | -$1.85M |
|
1230
Signet Jewelers
SIG
$3.61B
| $48.4M | 0.02% |
2,589,914
-74,970
| -3% | -$1.09M |
|
|
BRKL
1231
DELISTED
Brookline Bancorp
BRKL
| $48.4M | 0.02% |
5,599,292
-122,351
| -2% | -$1.16M |
|
|
CADE
1232
DELISTED
Cadence Bancorporation
CADE
| $48.3M | 0.02% |
5,627,450
-625,216
| -10% | -$5.4M |
|
1233
Calix
CALX
$2.26B
| $48.3M | 0.02% |
2,717,471
-17,736
| -0.6% | -$335K |
|
1234
Jack in the Box
JACK
$312M
| $48.3M | 0.02% |
608,883
-42,918
| -7% | -$3.45M |
|
1235
NeoGenomics
NEO
$1.96B
| $48.3M | 0.02% |
1,308,117
-55,243
| -4% | -$2.05M |
|
1236
Huazhu Hotels Group
HTHT
$13.1B
| $48.2M | 0.02% |
1,115,591
-23,834
| -2% | -$930K |
|
|
MRO
1237
DELISTED
Marathon Oil Corporation
MRO
| $48.1M | 0.02% |
11,756,339
-765,081
| -6% | -$4.04M |
|
1238
British American Tobacco
BTI
$131B
| $48M | 0.02% |
1,329,101
-113,883
| -8% | -$3.99M |
|
1239
Bank of Hawaii
BOH
$3.15B
| $48M | 0.02% |
949,189
-42,847
| -4% | -$2.39M |
|
1240
Expedia Group
EXPE
$35.4B
| $47.9M | 0.02% |
522,595
-115,930
| -18% | -$10.4M |
|
1241
Alarm.com
ALRM
$2.71B
| $47.8M | 0.02% |
865,965
+29,295
| +4% | +$1.81M |
|
1242
Eagle Materials
EXP
$6.29B
| $47.8M | 0.02% |
554,284
+8,188
| +1% | +$662K |
|
|
XYZ
1243
Block Inc
XYZ
$48.4B
| $47.7M | 0.02% |
293,547
+9,068
| +3% | +$1.28M |
|
1244
G-III Apparel Group
GIII
$1.54B
| $47.7M | 0.02% |
3,638,920
-231,136
| -6% | -$2.78M |
|
|
KRA
1245
DELISTED
Kraton Corporation
KRA
| $47.6M | 0.02% |
2,669,886
-5,900
| -0.2% | -$95.1K |
|
1246
Kaiser Aluminum
KALU
$2.61B
| $47.4M | 0.02% |
885,082
-250
| -0% | -$16K |
|
1247
TAL Education Group
TAL
$6.93B
| $47.3M | 0.02% |
622,769
-6,828
| -1% | -$515K |
|
1248
Andersons Inc
ANDE
$2.41B
| $47.2M | 0.02% |
2,464,283
-14,145
| -0.6% | -$233K |
|
|
GLDD
1249
DELISTED
Great Lakes Dredge & Dock
GLDD
| $47.1M | 0.02% |
4,957,359
-94,202
| -2% | -$864K |
|
1250
Lazard
LAZ
$4.13B
| $47.1M | 0.02% |
1,426,453
-63,829
| -4% | -$1.97M |
|
Similar funds
Dimensional Fund Advisors's Q3 2020 Portfolio in Review
As of Q3 2020, Dimensional Fund Advisors held 3,412 positions worth $236B, up 3.6% from $228B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q3 2020: portfolio turnover was 4.5%. Dimensional Fund Advisors opened 74 new positions and exited 81, leaving the 3,412-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q3 2020 buy was WillScot Mobile Mini Holdings: 8,572,662 shares worth $143M.
- Dimensional Fund Advisors added most to Royal Dutch Shell PLC ADS Class B in Q3 2020, an estimated $221M increase.
- Dimensional Fund Advisors's biggest Q3 2020 reduction was Apple, cutting an estimated $732M.
- Dimensional Fund Advisors fully exited Tech Data Corp in Q3 2020, selling an estimated $350M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $236B portfolio in Q3 2020.
- Dimensional Fund Advisors opened 74 new positions and closed 81 in Q3 2020.
- Dimensional Fund Advisors's portfolio value rose 3.6% quarter-over-quarter to $236B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2020, filed 12 Nov 2020.