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 |
AbbVie
ABBV
|
+$214M |
| 2 |
Verizon
VZ
|
+$148M |
| 3 |
Otis Worldwide
OTIS
|
+$142M |
| 4 |
Baidu
BIDU
|
+$124M |
| 5 |
Alibaba
BABA
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$324M |
| 2 |
Amazon
AMZN
|
+$313M |
| 3 |
Bank of America
BAC
|
+$264M |
| 4 |
AGN
Allergan plc
AGN
|
+$259M |
| 5 |
Wells Fargo
WFC
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.39% |
| 2 | Financials | 16.29% |
| 3 | Industrials | 12.76% |
| 4 | Healthcare | 11.61% |
| 5 | Consumer Discretionary | 11.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1401
Ennis
EBF
$552M
| $39.4M | 0.02% |
2,174,664
-3,736
| -0.2% | -$65.9K |
|
1402
Diamondback Energy
FANG
$57.1B
| $39.4M | 0.02% |
942,916
-102,913
| -10% | -$4.2M |
|
1403
Marcus & Millichap
MMI
$1.16B
| $39.4M | 0.02% |
1,364,135
+44,262
| +3% | +$1.25M |
|
1404
OraSure Technologies
OSUR
$279M
| $39.3M | 0.02% |
3,378,514
+100,410
| +3% | +$1.3M |
|
|
SHYF
1405
DELISTED
The Shyft Group
SHYF
| $39.3M | 0.02% |
2,332,246
-319,812
| -12% | -$4.83M |
|
1406
LXP Industrial Trust
LXP
$3.57B
| $39.2M | 0.02% |
743,464
+34,469
| +5% | +$1.74M |
|
1407
Upbound Group
UPBD
$1.13B
| $39.1M | 0.02% |
1,406,611
+164,032
| +13% | +$3.64M |
|
1408
The Bancorp
TBBK
$2.79B
| $39.1M | 0.02% |
3,991,421
+71,568
| +2% | +$539K |
|
1409
Middlesex Water
MSEX
$1.07B
| $39.1M | 0.02% |
581,644
-18,562
| -3% | -$1.18M |
|
1410
Tronox
TROX
$932M
| $39.1M | 0.02% |
5,411,341
+559,339
| +12% | +$3.69M |
|
|
STFC
1411
DELISTED
State Auto Financial Corp
STFC
| $39M | 0.02% |
2,185,133
-66,367
| -3% | -$1.42M |
|
1412
B&G Foods
BGS
$287M
| $39M | 0.02% |
1,599,601
-54,014
| -3% | -$1.17M |
|
1413
JELD-WEN Holding
JELD
$122M
| $39M | 0.02% |
2,420,129
+334,680
| +16% | +$4.41M |
|
|
ADVM
1414
DELISTED
Adverum Biotechnologies
ADVM
| $38.9M | 0.02% |
186,347
-1,478
| -0.8% | -$262K |
|
|
DCOM
1415
DELISTED
Dime Community Bancshares
DCOM
| $38.9M | 0.02% |
2,830,970
-131,580
| -4% | -$1.91M |
|
|
NP
1416
DELISTED
Neenah, Inc. Common Stock
NP
| $38.8M | 0.02% |
784,759
+30,055
| +4% | +$1.44M |
|
1417
Live Nation Entertainment
LYV
$40.5B
| $38.8M | 0.02% |
874,865
-18,424
| -2% | -$808K |
|
1418
America's Car Mart
CRMT
$26.6M
| $38.8M | 0.02% |
441,021
-32,691
| -7% | -$2.39M |
|
1419
Vicor
VICR
$9.56B
| $38.7M | 0.02% |
537,816
-2,330
| -0.4% | -$131K |
|
1420
Credicorp
BAP
$31.8B
| $38.7M | 0.02% |
289,276
-6,647
| -2% | -$947K |
|
1421
BWX Technologies
BWXT
$15.5B
| $38.5M | 0.02% |
679,820
+31,410
| +5% | +$1.76M |
|
|
AVTA
1422
DELISTED
Avantax, Inc. Common Stock
AVTA
| $38.4M | 0.02% |
3,366,736
-7,916
| -0.2% | -$99.4K |
|
1423
AES
AES
$10.5B
| $38.4M | 0.02% |
2,652,219
-66,842
| -2% | -$878K |
|
1424
Quanex
NX
$819M
| $38.4M | 0.02% |
2,768,356
-30,884
| -1% | -$368K |
|
1425
Cheesecake Factory
CAKE
$5.04B
| $38.4M | 0.02% |
1,673,309
+243,273
| +17% | +$5.12M |
|
Similar funds
Dimensional Fund Advisors's Q2 2020 Portfolio in Review
As of Q2 2020, Dimensional Fund Advisors held 3,428 positions worth $228B, up 19% from $192B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q2 2020: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 54 new positions and exited 89, leaving the 3,428-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q2 2020 buy was Otis Worldwide: 2,746,401 shares worth $156M.
- Dimensional Fund Advisors added most to AbbVie in Q2 2020, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q2 2020 reduction was Apple, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited Allergan plc in Q2 2020, selling an estimated $259M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $228B portfolio in Q2 2020.
- Dimensional Fund Advisors opened 54 new positions and closed 89 in Q2 2020.
- Dimensional Fund Advisors's portfolio value rose 19% quarter-over-quarter to $228B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2020, filed 13 Aug 2020.