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 | |
|---|---|---|---|---|---|---|
1426
Ennis
EBF
$552M
| $37.6M | 0.02% |
2,154,832
-19,832
| -0.9% | -$348K |
|
1427
Northwest Natural Holdings
NWN
$2.06B
| $37.6M | 0.02% |
827,542
-26,627
| -3% | -$1.36M |
|
1428
OraSure Technologies
OSUR
$279M
| $37.5M | 0.02% |
3,084,046
-294,468
| -9% | -$4.02M |
|
1429
Brink's
BCO
$4.88B
| $37.5M | 0.02% |
912,222
-33,701
| -4% | -$1.49M |
|
1430
CTS Corp
CTS
$1.83B
| $37.5M | 0.02% |
1,701,038
-12,055
| -0.7% | -$252K |
|
1431
BWX Technologies
BWXT
$15.5B
| $37.5M | 0.02% |
665,020
-14,800
| -2% | -$830K |
|
|
ALE
1432
DELISTED
Allete
ALE
| $37.4M | 0.02% |
723,495
-27,104
| -4% | -$1.51M |
|
|
VGR
1433
DELISTED
Vector Group Ltd.
VGR
| $37.4M | 0.02% |
5,444,608
-169,674
| -3% | -$1.16M |
|
|
SHOE
1434
Shoe Station Group
SHOE
$413M
| $37.4M | 0.02% |
2,228,156
-140,080
| -6% | -$2.12M |
|
1435
Brighthouse Financial
BHF
$3.56B
| $37.4M | 0.02% |
1,389,179
+51,275
| +4% | +$1.49M |
|
|
ARCH
1436
DELISTED
Arch Resources, Inc.
ARCH
| $37.3M | 0.02% |
878,190
-26,999
| -3% | -$959K |
|
|
FIT
1437
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $37.3M | 0.02% |
5,352,275
-43,138
| -0.8% | -$280K |
|
1438
United Fire Group
UFCS
$1.32B
| $37.2M | 0.02% |
1,832,605
-27,828
| -1% | -$696K |
|
|
MOMO
1439
Hello Group
MOMO
$885M
| $37.2M | 0.02% |
2,701,670
+141,965
| +6% | +$2.58M |
|
1440
Enviri
NVRI
$623M
| $37.2M | 0.02% |
2,671,427
+28,741
| +1% | +$415K |
|
|
AIMC
1441
DELISTED
Altra Industrial Motion Corp
AIMC
| $37.1M | 0.02% |
1,004,071
+55,183
| +6% | +$2.03M |
|
1442
Cars.com
CARS
$662M
| $37.1M | 0.02% |
4,589,564
-397,260
| -8% | -$3.08M |
|
1443
Incyte
INCY
$24.2B
| $37M | 0.02% |
412,442
+18,783
| +5% | +$1.81M |
|
|
ATRI
1444
DELISTED
Atrion Corp
ATRI
| $37M | 0.02% |
59,053
-3,497
| -6% | -$2.26M |
|
1445
Flowserve
FLS
$9.71B
| $36.9M | 0.02% |
1,352,304
+65,547
| +5% | +$1.91M |
|
|
EXAS
1446
DELISTED
Exact Sciences
EXAS
| $36.9M | 0.02% |
361,593
+47,454
| +15% | +$4.1M |
|
|
BBT
1447
Beacon Financial Corp
BBT
$2.66B
| $36.8M | 0.02% |
3,638,605
-193,129
| -5% | -$1.9M |
|
|
CMD
1448
DELISTED
Cantel Medical Corporation
CMD
| $36.7M | 0.02% |
835,858
+37,840
| +5% | +$1.86M |
|
|
LGF.B
1449
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $36.7M | 0.02% |
4,207,809
+111,898
| +3% | +$894K |
|
|
AEGN
1450
DELISTED
Aegion Corp
AEGN
| $36.7M | 0.02% |
2,594,962
-19,893
| -0.8% | -$314K |
|
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.