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 | |
|---|---|---|---|---|---|---|
1476
HEICO Corp Class A
HEI.A
$36B
| $35M | 0.01% |
394,733
+11,661
| +3% | +$984K |
|
1477
Dolby
DLB
$5.51B
| $35M | 0.01% |
527,605
-3,544
| -0.7% | -$240K |
|
1478
NRC Health Common Stock
NRC
$432M
| $34.9M | 0.01% |
709,967
-19,888
| -3% | -$1.1M |
|
|
SAIL
1479
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $34.9M | 0.01% |
882,288
+50,271
| +6% | +$1.75M |
|
1480
TriCo Bancshares
TCBK
$1.84B
| $34.7M | 0.01% |
1,417,699
+6,496
| +0.5% | +$181K |
|
|
SPLK
1481
DELISTED
Splunk Inc
SPLK
| $34.7M | 0.01% |
184,271
-17,574
| -9% | -$3.5M |
|
1482
Alnylam Pharmaceuticals
ALNY
$27.5B
| $34.7M | 0.01% |
238,021
-8,309
| -3% | -$1.18M |
|
|
BDN
1483
Brandywine Realty Trust
BDN
$524M
| $34.6M | 0.01% |
3,350,482
+606,937
| +22% | +$6.56M |
|
1484
NewMarket
NEU
$7.82B
| $34.6M | 0.01% |
101,133
+1,777
| +2% | +$675K |
|
1485
Crane NXT
CXT
$2.99B
| $34.6M | 0.01% |
1,985,186
-59,909
| -3% | -$1.18M |
|
1486
AppFolio
APPF
$6.38B
| $34.5M | 0.01% |
243,641
-28,520
| -10% | -$4.39M |
|
1487
SPS Commerce
SPSC
$2.64B
| $34.5M | 0.01% |
443,666
+10,251
| +2% | +$779K |
|
1488
Patterson-UTI
PTEN
$3.98B
| $34.5M | 0.01% |
12,102,530
-889,026
| -7% | -$3.27M |
|
1489
City Holding Co
CHCO
$2.05B
| $34.4M | 0.01% |
597,839
-9,753
| -2% | -$610K |
|
|
PDM
1490
Piedmont Realty Trust
PDM
$1.21B
| $34.4M | 0.01% |
2,532,170
+404,172
| +19% | +$6.26M |
|
1491
Zillow
ZG
$7.94B
| $34.4M | 0.01% |
338,413
-27,507
| -8% | -$2.14M |
|
1492
Pinnacle West Capital
PNW
$12.2B
| $34.3M | 0.01% |
460,612
+10,087
| +2% | +$772K |
|
1493
MacroGenics
MGNX
$235M
| $34.3M | 0.01% |
1,360,785
-6,541
| -0.5% | -$179K |
|
1494
Pegasystems
PEGA
$5.02B
| $34.3M | 0.01% |
566,134
-2,794
| -0.5% | -$161K |
|
1495
Amphastar Pharmaceuticals
AMPH
$879M
| $34.2M | 0.01% |
1,825,993
-16,829
| -0.9% | -$339K |
|
|
NFBK
1496
DELISTED
Northfield Bancorp
NFBK
| $34.2M | 0.01% |
3,750,693
-62,416
| -2% | -$613K |
|
|
CSW
1497
CSW Industrials
CSW
$5.2B
| $34.1M | 0.01% |
441,192
-4,204
| -0.9% | -$305K |
|
1498
Bloomin' Brands
BLMN
$741M
| $34M | 0.01% |
2,229,078
-257,405
| -10% | -$3.33M |
|
|
WRI
1499
DELISTED
Weingarten Realty Investors
WRI
| $34M | 0.01% |
2,005,793
+86,706
| +5% | +$1.53M |
|
1500
Kforce
KFRC
$1.02B
| $34M | 0.01% |
1,056,616
-109,339
| -9% | -$3.5M |
|
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.