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 | |
|---|---|---|---|---|---|---|
1476
John B. Sanfilippo & Son
JBSS
$967M
| $36.2M | 0.02% |
424,787
-65,146
| -13% | -$5.53M |
|
|
LBAI
1477
DELISTED
Lakeland Bancorp Inc
LBAI
| $36.2M | 0.02% |
3,168,232
+84,129
| +3% | +$906K |
|
1478
Alcon
ALC
$33.6B
| $36.1M | 0.02% |
630,674
-3,152
| -0.5% | -$178K |
|
1479
PENN Entertainment
PENN
$2.75B
| $36.1M | 0.02% |
1,182,529
+80,287
| +7% | +$1.84M |
|
1480
Enanta Pharmaceuticals
ENTA
$366M
| $36M | 0.02% |
716,838
+1,335
| +0.2% | +$69.1K |
|
|
MEET
1481
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $36M | 0.02% |
5,766,819
-24,688
| -0.4% | -$152K |
|
1482
Norwegian Cruise Line
NCLH
$8.51B
| $35.9M | 0.02% |
2,185,831
-1,585,896
| -42% | -$23.2M |
|
|
GCP
1483
DELISTED
GCP Applied Technologies Inc.
GCP
| $35.7M | 0.02% |
1,921,940
+44,059
| +2% | +$791K |
|
1484
Enviri
NVRI
$623M
| $35.7M | 0.02% |
2,642,686
+3,789
| +0.1% | +$38.1K |
|
1485
LivaNova
LIVN
$4.4B
| $35.6M | 0.02% |
740,428
+56,030
| +8% | +$2.81M |
|
1486
Sunrun
RUN
$2.34B
| $35.6M | 0.02% |
1,804,381
-101,091
| -5% | -$1.55M |
|
1487
REX American Resources
REX
$1.42B
| $35.5M | 0.02% |
3,073,908
-112,932
| -4% | -$1.12M |
|
|
TRST
1488
Trustco Bank Corp NY
TRST
$970M
| $35.5M | 0.02% |
1,122,101
-13,564
| -1% | -$401K |
|
|
PDM
1489
Piedmont Realty Trust
PDM
$1.21B
| $35.3M | 0.02% |
2,127,998
+8,539
| +0.4% | +$143K |
|
1490
Matthews International
MATW
$866M
| $35.3M | 0.02% |
1,850,072
-69,391
| -4% | -$1.48M |
|
|
CMD
1491
DELISTED
Cantel Medical Corporation
CMD
| $35.3M | 0.02% |
798,018
-24,925
| -3% | -$930K |
|
|
VRS
1492
DELISTED
Verso Corporation
VRS
| $35.3M | 0.02% |
2,949,886
+39,998
| +1% | +$524K |
|
1493
Helix Energy Solutions
HLX
$1.4B
| $35.3M | 0.02% |
10,165,318
-2,020,783
| -17% | -$5.47M |
|
1494
GoDaddy
GDDY
$11B
| $35.3M | 0.02% |
480,960
+9,356
| +2% | +$672K |
|
1495
Anika Therapeutics
ANIK
$258M
| $35.1M | 0.02% |
931,332
-10,901
| -1% | -$359K |
|
1496
Stock Yards Bancorp
SYBT
$2.64B
| $35.1M | 0.02% |
873,912
-2,054
| -0.2% | -$66.9K |
|
1497
Simulations Plus
SLP
$369M
| $35.1M | 0.02% |
586,087
-9,814
| -2% | -$432K |
|
|
ACH
1498
Accendra Health
ACH
$237M
| $35M | 0.02% |
4,599,345
-354,298
| -7% | -$2.59M |
|
1499
Dolby
DLB
$5.56B
| $35M | 0.02% |
531,149
-11,730
| -2% | -$702K |
|
|
GRA
1500
DELISTED
W.R. Grace & Co.
GRA
| $35M | 0.02% |
688,065
+61,735
| +10% | +$2.92M |
|
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.