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 | |
|---|---|---|---|---|---|---|
1376
Bio-Techne
TECH
$11.2B
| $40.1M | 0.02% |
647,896
+13,884
| +2% | +$903K |
|
|
GCP
1377
DELISTED
GCP Applied Technologies Inc.
GCP
| $40.1M | 0.02% |
1,913,287
-8,653
| -0.5% | -$200K |
|
1378
ONE Gas
OGS
$4.87B
| $40.1M | 0.02% |
580,845
+1,894
| +0.3% | +$140K |
|
1379
Lakeland Financial Corp
LKFN
$1.56B
| $40M | 0.02% |
970,641
-48,116
| -5% | -$2.18M |
|
1380
TechTarget
TTGT
$325M
| $39.8M | 0.02% |
906,370
-44,382
| -5% | -$1.67M |
|
1381
Cimpress
CMPR
$2.39B
| $39.8M | 0.02% |
529,509
-40,024
| -7% | -$3.43M |
|
|
ITCI
1382
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $39.7M | 0.02% |
1,548,152
-51,341
| -3% | -$1.17M |
|
1383
Tennant Co
TNC
$1.43B
| $39.7M | 0.02% |
657,245
-12,711
| -2% | -$841K |
|
|
SEE
1384
DELISTED
Sealed Air
SEE
| $39.6M | 0.02% |
1,021,637
-82,365
| -7% | -$3.14M |
|
|
PFC
1385
DELISTED
Premier Financial Corp. Common Stock
PFC
| $39.6M | 0.02% |
2,541,456
-75,489
| -3% | -$1.32M |
|
1386
Tredegar Corp
TG
$265M
| $39.5M | 0.02% |
2,659,498
-29,227
| -1% | -$479K |
|
|
FARO
1387
DELISTED
Faro Technologies
FARO
| $39.5M | 0.02% |
647,722
-127,424
| -16% | -$7.3M |
|
1388
Westamerica Bancorp
WABC
$1.38B
| $39.4M | 0.02% |
724,426
-19,785
| -3% | -$1.16M |
|
|
PSB
1389
DELISTED
PS Business Parks, Inc.
PSB
| $39.3M | 0.02% |
321,238
-7,409
| -2% | -$956K |
|
1390
Axcelis
ACLS
$4.01B
| $39.3M | 0.02% |
1,784,888
-157,443
| -8% | -$4.01M |
|
1391
Shake Shack
SHAK
$2.53B
| $39.2M | 0.02% |
608,018
+5,634
| +0.9% | +$327K |
|
1392
HNI Corp
HNI
$3.24B
| $39.2M | 0.02% |
1,248,507
-4,699
| -0.4% | -$145K |
|
1393
GoDaddy
GDDY
$11B
| $39M | 0.02% |
512,867
+31,907
| +7% | +$2.41M |
|
1394
Insperity
NSP
$1.93B
| $39M | 0.02% |
594,823
-26,986
| -4% | -$1.8M |
|
|
CHNG
1395
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $38.9M | 0.02% |
2,684,193
-35,346
| -1% | -$449K |
|
1396
Green Plains
GPRE
$1.18B
| $38.9M | 0.02% |
2,514,705
-78,331
| -3% | -$1.07M |
|
1397
Ubiquiti
UI
$33.7B
| $38.9M | 0.02% |
233,512
-20,789
| -8% | -$3.66M |
|
|
NBL
1398
DELISTED
Noble Energy, Inc.
NBL
| $38.8M | 0.02% |
4,544,069
-1,059,137
| -19% | -$10.3M |
|
1399
Pennant Group
PNTG
$1.4B
| $38.8M | 0.02% |
1,006,850
-14,557
| -1% | -$446K |
|
1400
Harmony Gold Mining
HMY
$9.84B
| $38.8M | 0.02% |
7,361,433
-630,685
| -8% | -$3.76M |
|
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.