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 | |
|---|---|---|---|---|---|---|
|
CSGS
1326
DELISTED
CSG Systems International
CSGS
| $52.5M | 0.02% |
1,165,302
-65,354
| -5% | -$2.78M |
|
1327
Interactive Brokers
IBKR
$38.4B
| $52.5M | 0.02% |
3,447,256
-1,949,348
| -36% | -$25.8M |
|
1328
Jack in the Box
JACK
$314M
| $52.5M | 0.02% |
565,566
-43,317
| -7% | -$3.79M |
|
|
HRC
1329
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $52.3M | 0.02% |
533,854
-1,288
| -0.2% | -$120K |
|
1330
Avista
AVA
$3.43B
| $52.2M | 0.02% |
1,299,406
+14,551
| +1% | +$534K |
|
1331
Monro
MNRO
$414M
| $52.2M | 0.02% |
978,539
-22,305
| -2% | -$1.02M |
|
1332
Piper Sandler
PIPR
$4.99B
| $52.1M | 0.02% |
2,066,404
-182,748
| -8% | -$4.14M |
|
|
PRSP
1333
DELISTED
Perspecta Inc. Common Stock
PRSP
| $51.9M | 0.02% |
2,156,830
-30,145
| -1% | -$647K |
|
1334
Ingevity
NGVT
$2.46B
| $51.9M | 0.02% |
685,525
+17,777
| +3% | +$1.16M |
|
|
NVO
1335
Novo Nordisk
NVO
$228B
| $51.9M | 0.02% |
1,485,358
+644
| +0% | +$22.3K |
|
1336
Keurig Dr Pepper
KDP
$42.8B
| $51.8M | 0.02% |
1,619,729
+434,588
| +37% | +$12.9M |
|
1337
Laureate Education
LAUR
$5.38B
| $51.8M | 0.02% |
3,558,581
-102,995
| -3% | -$1.45M |
|
1338
SiriusPoint
SPNT
$3.03B
| $51.8M | 0.02% |
5,442,088
-127,508
| -2% | -$1.11M |
|
1339
NorthWestern Energy
NWE
$4.34B
| $51.8M | 0.02% |
888,486
-11,114
| -1% | -$618K |
|
1340
Spire
SR
$4.79B
| $51.7M | 0.02% |
807,797
-21,923
| -3% | -$1.34M |
|
|
LTHM
1341
DELISTED
Livent Corporation
LTHM
| $51.5M | 0.02% |
2,735,597
+219,009
| +9% | +$3.05M |
|
1342
The Bancorp
TBBK
$2.81B
| $51.5M | 0.02% |
3,772,269
-92,954
| -2% | -$1.05M |
|
1343
Triumph Financial Inc
TFIN
$1.81B
| $51.5M | 0.02% |
1,059,914
-10,444
| -1% | -$470K |
|
1344
Patterson-UTI
PTEN
$3.54B
| $51.3M | 0.02% |
9,755,884
-2,346,646
| -19% | -$9.23M |
|
1345
Crane NXT
CXT
$2.99B
| $51.3M | 0.02% |
1,902,452
-82,734
| -4% | -$1.82M |
|
1346
Ryman Hospitality Properties
RHP
$8.56B
| $51.3M | 0.02% |
756,911
-20,376
| -3% | -$1.09M |
|
1347
LG Display
LPL
$2.79B
| $51.2M | 0.02% |
6,070,085
-241,987
| -4% | -$1.72M |
|
1348
Dolby
DLB
$4.97B
| $51.2M | 0.02% |
527,358
-247
| -0% | -$20.4K |
|
|
NWLI
1349
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $51.2M | 0.02% |
247,954
-1,473
| -0.6% | -$286K |
|
1350
Clearwater Paper
CLW
$348M
| $51.1M | 0.02% |
1,354,725
-25,943
| -2% | -$968K |
|
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.