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 | |
|---|---|---|---|---|---|---|
1451
S&T Bancorp
STBA
$1.9B
| $45M | 0.02% |
1,812,734
+6,183
| +0.3% | +$137K |
|
1452
Mattel
MAT
$4.47B
| $45M | 0.02% |
2,578,394
+141,500
| +6% | +$2.08M |
|
1453
Atmos Energy
ATO
$29.7B
| $45M | 0.02% |
471,333
+2,277
| +0.5% | +$220K |
|
|
EXAS
1454
DELISTED
Exact Sciences
EXAS
| $45M | 0.02% |
339,260
-22,333
| -6% | -$2.7M |
|
|
LGF.B
1455
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $44.9M | 0.02% |
4,330,159
+122,350
| +3% | +$1.02M |
|
1456
AMC Global Media
AMCX
$450M
| $44.9M | 0.02% |
1,256,230
-33,194
| -3% | -$928K |
|
1457
AngioDynamics
ANGO
$605M
| $44.9M | 0.02% |
2,927,039
-101,283
| -3% | -$1.29M |
|
|
CAI
1458
DELISTED
CAI International, Inc.
CAI
| $44.9M | 0.02% |
1,435,666
-22,288
| -2% | -$677K |
|
1459
Hilton Grand Vacations
HGV
$4.04B
| $44.8M | 0.02% |
1,428,503
-9,908
| -0.7% | -$259K |
|
1460
BWX Technologies
BWXT
$14.4B
| $44.6M | 0.02% |
739,414
+74,394
| +11% | +$4.29M |
|
1461
ONE Gas
OGS
$5.01B
| $44.6M | 0.02% |
580,517
-328
| -0.1% | -$24.8K |
|
1462
GoDaddy
GDDY
$13.9B
| $44.5M | 0.02% |
536,182
+23,315
| +5% | +$1.83M |
|
|
TPIC
1463
DELISTED
TPI Composites
TPIC
| $44.4M | 0.02% |
841,605
+7,960
| +1% | +$318K |
|
1464
Universal Electronics
UEIC
$59.2M
| $44.4M | 0.02% |
845,815
-26,635
| -3% | -$1.23M |
|
|
VGR
1465
DELISTED
Vector Group Ltd.
VGR
| $44.3M | 0.02% |
5,366,309
-78,299
| -1% | -$614K |
|
1466
Peoples Bancorp
PEBO
$1.51B
| $44.3M | 0.02% |
1,635,467
-24,407
| -1% | -$597K |
|
|
DCOM
1467
DELISTED
Dime Community Bancshares
DCOM
| $44.3M | 0.02% |
2,809,150
-7,427
| -0.3% | -$104K |
|
1468
United Fire Group
UFCS
$1.35B
| $44.3M | 0.02% |
1,764,668
-67,937
| -4% | -$1.55M |
|
|
NATI
1469
DELISTED
National Instruments Corp
NATI
| $44.3M | 0.02% |
1,007,697
+62,980
| +7% | +$2.35M |
|
1470
FirstEnergy
FE
$28.4B
| $44.3M | 0.02% |
1,446,044
-17,684
| -1% | -$530K |
|
1471
Diamondback Energy
FANG
$56B
| $44.2M | 0.02% |
913,885
-49,701
| -5% | -$1.84M |
|
1472
Tennant Co
TNC
$1.44B
| $44.1M | 0.02% |
628,009
-29,236
| -4% | -$1.92M |
|
1473
eHealth
EHTH
$41.9M
| $44M | 0.02% |
622,939
-29,800
| -5% | -$2.26M |
|
|
CVA
1474
DELISTED
Covanta Holding Corporation
CVA
| $44M | 0.02% |
3,347,409
-62,031
| -2% | -$671K |
|
|
PPLI
1475
People Inc
PPLI
$3.12B
| $43.9M | 0.02% |
424,831
-1,408
| -0.3% | -$108K |
|
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.