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 | |
|---|---|---|---|---|---|---|
1276
Towne Bank
TOWN
$3.46B
| $45.8M | 0.02% |
2,792,917
+48,645
| +2% | +$865K |
|
1277
Grand Canyon Education
LOPE
$3.79B
| $45.7M | 0.02% |
572,008
+5,584
| +1% | +$506K |
|
1278
SFL Corp
SFL
$1.64B
| $45.7M | 0.02% |
6,103,640
+59,977
| +1% | +$525K |
|
1279
Sabra Healthcare REIT
SBRA
$5.34B
| $45.7M | 0.02% |
3,315,763
-5,221
| -0.2% | -$76.7K |
|
|
HA
1280
DELISTED
Hawaiian Holdings, Inc.
HA
| $45.7M | 0.02% |
3,544,377
-146,108
| -4% | -$1.95M |
|
|
NWLI
1281
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $45.6M | 0.02% |
249,427
+492
| +0.2% | +$101K |
|
1282
Huron Consulting
HURN
$2.41B
| $45.5M | 0.02% |
1,158,000
-91,769
| -7% | -$4M |
|
1283
Steven Madden
SHOO
$3.37B
| $45.5M | 0.02% |
2,334,085
-240,654
| -9% | -$5.17M |
|
1284
Herbalife
HLF
$1.29B
| $45.5M | 0.02% |
975,399
-4,900
| -0.5% | -$241K |
|
1285
Omega Flex
OFLX
$297M
| $45.5M | 0.02% |
290,311
-778
| -0.3% | -$97.5K |
|
1286
Corcept Therapeutics
CORT
$12.4B
| $45.2M | 0.02% |
2,599,243
-22,126
| -0.8% | -$353K |
|
1287
Ingles Markets
IMKTA
$1.71B
| $45.2M | 0.02% |
1,188,794
-11,733
| -1% | -$472K |
|
1288
Atmos Energy
ATO
$28.8B
| $44.8M | 0.02% |
469,056
+27,123
| +6% | +$2.71M |
|
1289
AMERISAFE
AMSF
$543M
| $44.8M | 0.02% |
780,564
-52,656
| -6% | -$3.32M |
|
1290
ICU Medical
ICUI
$4.21B
| $44.7M | 0.02% |
244,507
+5,125
| +2% | +$965K |
|
|
HRC
1291
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $44.7M | 0.02% |
535,142
-7,440
| -1% | -$728K |
|
1292
Alcon
ALC
$33.6B
| $44.6M | 0.02% |
782,979
+152,305
| +24% | +$8.96M |
|
1293
Western Union
WU
$1.98B
| $44.4M | 0.02% |
2,073,638
+31,142
| +2% | +$707K |
|
1294
Usana Health Sciences
USNA
$408M
| $44.4M | 0.02% |
602,928
-10,934
| -2% | -$877K |
|
|
TBI
1295
Trueblue
TBI
$215M
| $44.4M | 0.02% |
2,864,696
-106,703
| -4% | -$1.65M |
|
|
FOE
1296
DELISTED
Ferro Corporation
FOE
| $44.3M | 0.02% |
3,575,531
-121,227
| -3% | -$1.5M |
|
|
SBNY
1297
DELISTED
Signature Bank
SBNY
| $44.3M | 0.02% |
533,548
+41,733
| +8% | +$4.16M |
|
1298
OceanFirst Financial
OCFC
$1.68B
| $44.3M | 0.02% |
3,234,021
+12,053
| +0.4% | +$189K |
|
1299
Western Alliance Bancorporation
WAL
$8.79B
| $44.2M | 0.02% |
1,399,032
-18,804
| -1% | -$669K |
|
1300
Spire
SR
$4.72B
| $44.1M | 0.02% |
829,720
-35,061
| -4% | -$2.09M |
|
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.