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 | |
|---|---|---|---|---|---|---|
1251
Maximus
MMS
$3.32B
| $57.8M | 0.02% |
789,930
+26,656
| +3% | +$1.89M |
|
1252
Cracker Barrel
CBRL
$1.26B
| $57.8M | 0.02% |
438,188
-7,565
| -2% | -$974K |
|
1253
CMS Energy
CMS
$23B
| $57.8M | 0.02% |
946,963
+9,927
| +1% | +$620K |
|
|
CTRA
1254
DELISTED
Coterra Energy
CTRA
| $57.7M | 0.02% |
3,543,008
-21,414
| -0.6% | -$376K |
|
1255
Cogent Communications
CCOI
$635M
| $57.6M | 0.02% |
962,830
-51,305
| -5% | -$3.03M |
|
|
BBT
1256
Beacon Financial Corp
BBT
$2.5B
| $57.6M | 0.02% |
3,365,540
-273,065
| -8% | -$4.07M |
|
1257
Haemonetics
HAE
$3.88B
| $57.5M | 0.02% |
484,103
+17,279
| +4% | +$1.86M |
|
|
PFC
1258
DELISTED
Premier Financial Corp. Common Stock
PFC
| $57.4M | 0.02% |
2,496,149
-45,307
| -2% | -$918K |
|
1259
New York Times
NYT
$12.6B
| $57.1M | 0.02% |
1,103,640
-281,957
| -20% | -$12.5M |
|
|
SCS
1260
DELISTED
Steelcase
SCS
| $57.1M | 0.02% |
4,213,770
-18,958
| -0.4% | -$232K |
|
1261
ArcelorMittal
MT
$49.5B
| $57M | 0.02% |
2,490,901
+151,541
| +6% | +$2.65M |
|
1262
LXP Industrial Trust
LXP
$3.52B
| $57M | 0.02% |
1,073,767
+111,080
| +12% | +$5.86M |
|
1263
Bruker
BRKR
$9.4B
| $56.9M | 0.02% |
1,051,968
+2,904
| +0.3% | +$139K |
|
|
IRBT
1264
DELISTED
iRobot
IRBT
| $56.8M | 0.02% |
707,837
-238
| -0% | -$19.4K |
|
1265
MGE Energy Inc
MGEE
$3.03B
| $56.8M | 0.02% |
811,383
-18,278
| -2% | -$1.26M |
|
|
HA
1266
DELISTED
Hawaiian Holdings, Inc.
HA
| $56.8M | 0.02% |
3,208,803
-335,574
| -9% | -$5.68M |
|
|
DCH
1267
Dauch Corp
DCH
$1.31B
| $56.7M | 0.02% |
6,801,203
-1,347,787
| -17% | -$10.1M |
|
1268
InterDigital
IDCC
$6.75B
| $56.7M | 0.02% |
933,761
-9,980
| -1% | -$598K |
|
1269
Hain Celestial
HAIN
$44.6M
| $56.6M | 0.02% |
1,410,265
-83,527
| -6% | -$3.04M |
|
|
BKI
1270
DELISTED
Black Knight, Inc. Common Stock
BKI
| $56.6M | 0.02% |
640,108
-18,961
| -3% | -$1.72M |
|
1271
Repligen
RGEN
$6.91B
| $56.5M | 0.02% |
294,908
-235,971
| -44% | -$42.9M |
|
|
SNP
1272
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $56.5M | 0.02% |
1,265,827
-69,398
| -5% | -$3M |
|
1273
Equitable Holdings
EQH
$13.2B
| $56.3M | 0.02% |
2,199,749
+120,978
| +6% | +$2.83M |
|
1274
Live Oak Bancshares
LOB
$1.98B
| $56.2M | 0.02% |
1,184,662
+16,776
| +1% | +$672K |
|
|
DOC
1275
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $56.1M | 0.02% |
3,152,605
-67,595
| -2% | -$1.21M |
|
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.