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 | |
|---|---|---|---|---|---|---|
1326
Houlihan Lokey
HLI
$8.77B
| $42.9M | 0.02% |
726,656
+14,349
| +2% | +$822K |
|
|
SCS
1327
DELISTED
Steelcase
SCS
| $42.8M | 0.02% |
4,232,728
-104,460
| -2% | -$1.12M |
|
1328
Snap
SNAP
$7.89B
| $42.8M | 0.02% |
1,638,994
+25,655
| +2% | +$597K |
|
|
COHR
1329
DELISTED
Coherent Inc
COHR
| $42.8M | 0.02% |
385,421
+5,134
| +1% | +$621K |
|
1330
Euronet Worldwide
EEFT
$2.72B
| $42.7M | 0.02% |
468,434
-6,925
| -1% | -$676K |
|
1331
MaxLinear
MXL
$6.06B
| $42.6M | 0.02% |
1,833,487
-5,829
| -0.3% | -$144K |
|
|
PRSP
1332
DELISTED
Perspecta Inc. Common Stock
PRSP
| $42.5M | 0.02% |
2,186,975
-57,478
| -3% | -$1.21M |
|
|
FLIR
1333
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $42.5M | 0.02% |
1,184,375
+37,066
| +3% | +$1.41M |
|
1334
Vicor
VICR
$9.56B
| $42.4M | 0.02% |
545,700
+7,884
| +1% | +$627K |
|
1335
Tronox
TROX
$932M
| $42.4M | 0.02% |
5,385,208
-26,133
| -0.5% | -$218K |
|
1336
Trade Desk
TTD
$8.48B
| $42.4M | 0.02% |
816,880
-12,250
| -1% | -$559K |
|
1337
Otter Tail
OTTR
$3.71B
| $42.2M | 0.02% |
1,167,208
-19,137
| -2% | -$736K |
|
|
GWB
1338
DELISTED
Great Western Bancorp, Inc.
GWB
| $42.1M | 0.02% |
3,383,686
-233,046
| -6% | -$3.16M |
|
1339
Perdoceo Education
PRDO
$1.99B
| $42.1M | 0.02% |
3,440,572
-206,420
| -6% | -$3M |
|
1340
FirstEnergy
FE
$28B
| $42M | 0.02% |
1,463,728
-12,488
| -0.8% | -$392K |
|
1341
James River Group Holdings
JRVR
$208M
| $42M | 0.02% |
943,196
-115,418
| -11% | -$5.38M |
|
1342
Cohu
COHU
$2.26B
| $41.9M | 0.02% |
2,439,278
-50,965
| -2% | -$891K |
|
1343
Brinker International
EAT
$9.17B
| $41.9M | 0.02% |
980,227
-5,714
| -0.6% | -$199K |
|
1344
Cullen/Frost Bankers
CFR
$10.3B
| $41.8M | 0.02% |
653,258
+61,484
| +10% | +$4.31M |
|
1345
Bruker
BRKR
$9.57B
| $41.7M | 0.02% |
1,049,064
+1,625
| +0.2% | +$67.8K |
|
1346
Integra LifeSciences
IART
$1.29B
| $41.6M | 0.02% |
881,843
+4,083
| +0.5% | +$194K |
|
|
DNKN
1347
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $41.6M | 0.02% |
508,183
-19,224
| -4% | -$1.39M |
|
|
WDR
1348
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $41.6M | 0.02% |
2,800,600
-121,853
| -4% | -$1.86M |
|
1349
Sony
SONY
$137B
| $41.5M | 0.02% |
2,704,905
+2,050
| +0.1% | +$31.9K |
|
1350
Belden
BDC
$4.85B
| $41.5M | 0.02% |
1,333,177
-65,673
| -5% | -$2.16M |
|
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.