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 | |
|---|---|---|---|---|---|---|
|
AEGN
1401
DELISTED
Aegion Corp
AEGN
| $48.3M | 0.02% |
2,542,604
-52,358
| -2% | -$877K |
|
1402
Oxford Industries
OXM
$581M
| $48.2M | 0.02% |
736,125
-61,548
| -8% | -$3.18M |
|
1403
Chemours
CC
$2.48B
| $48M | 0.02% |
1,937,765
-37,598
| -2% | -$895K |
|
1404
Enviri
NVRI
$624M
| $48M | 0.02% |
2,671,200
-227
| -0% | -$3.65K |
|
1405
Ultragenyx Pharmaceutical
RARE
$2.46B
| $48M | 0.02% |
346,541
-22,834
| -6% | -$2.71M |
|
|
IPHI
1406
DELISTED
INPHI CORPORATION
IPHI
| $47.9M | 0.02% |
298,752
-115,105
| -28% | -$16.2M |
|
1407
Apogee Enterprises
APOG
$833M
| $47.9M | 0.02% |
1,512,499
-62,512
| -4% | -$1.69M |
|
1408
Matthews International
MATW
$887M
| $47.7M | 0.02% |
1,622,331
-70,754
| -4% | -$1.83M |
|
1409
Stratasys
SSYS
$666M
| $47.6M | 0.02% |
2,298,855
-25,567
| -1% | -$410K |
|
1410
Norwegian Cruise Line
NCLH
$9.53B
| $47.4M | 0.02% |
1,865,601
-224,747
| -11% | -$4.69M |
|
1411
Globus Medical
GMED
$11.1B
| $47.4M | 0.02% |
727,329
-42,166
| -5% | -$2.42M |
|
1412
Hyster-Yale Materials Handling
HY
$576M
| $47.3M | 0.02% |
793,488
-8,852
| -1% | -$447K |
|
|
SAIL
1413
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $47.2M | 0.02% |
887,278
+4,990
| +0.6% | +$234K |
|
1414
Usana Health Sciences
USNA
$419M
| $47.1M | 0.02% |
611,532
+8,604
| +1% | +$666K |
|
1415
Shake Shack
SHAK
$2.54B
| $47.1M | 0.02% |
556,099
-51,919
| -9% | -$4.03M |
|
1416
Douglas Dynamics
PLOW
$992M
| $46.9M | 0.02% |
1,096,352
-88,166
| -7% | -$3.39M |
|
1417
Alpha and Omega Semiconductor
AOSL
$829M
| $46.9M | 0.02% |
1,982,465
-8,587
| -0.4% | -$175K |
|
1418
Enova International
ENVA
$6.09B
| $46.9M | 0.02% |
1,891,794
+24,390
| +1% | +$500K |
|
1419
First Bancorp
FBNC
$2.61B
| $46.7M | 0.02% |
1,381,591
-70,303
| -5% | -$2.04M |
|
1420
Center Bancorp
CNOB
$1.65B
| $46.6M | 0.02% |
2,357,001
-2,496
| -0.1% | -$43.8K |
|
|
SRCL
1421
DELISTED
Stericycle Inc
SRCL
| $46.6M | 0.02% |
671,596
-14,223
| -2% | -$973K |
|
1422
Cboe Global Markets
CBOE
$32.2B
| $46.6M | 0.02% |
499,947
+4,373
| +0.9% | +$383K |
|
1423
Herbalife
HLF
$1.3B
| $46.4M | 0.02% |
965,821
-9,578
| -1% | -$462K |
|
1424
Western Union
WU
$2.53B
| $46.4M | 0.02% |
2,114,545
+40,907
| +2% | +$888K |
|
1425
1-800-Flowers.com
FLWS
$252M
| $46.4M | 0.02% |
1,783,756
-497,526
| -22% | -$12.1M |
|
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.