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 | |
|---|---|---|---|---|---|---|
1501
Yelp
YELP
$1.45B
| $34.9M | 0.02% |
1,510,423
+182,247
| +14% | +$3.97M |
|
|
EPAY
1502
DELISTED
Bottomline Technologies Inc
EPAY
| $34.9M | 0.02% |
687,085
-899
| -0.1% | -$40.2K |
|
|
EBSB
1503
DELISTED
Meridian Bancorp, Inc.
EBSB
| $34.9M | 0.02% |
3,006,494
+20,314
| +0.7% | +$226K |
|
|
FIT
1504
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $34.9M | 0.02% |
5,395,413
-36,063
| -0.7% | -$235K |
|
|
COOP
1505
DELISTED
Mr. Cooper
COOP
| $34.8M | 0.02% |
2,799,814
-152,187
| -5% | -$1.52M |
|
|
DOCU
1506
DocuSign
DOCU
$10.5B
| $34.8M | 0.02% |
201,900
+9,962
| +5% | +$1.26M |
|
1507
Equitable Holdings
EQH
$13B
| $34.8M | 0.02% |
1,802,582
+392,085
| +28% | +$7.01M |
|
1508
American Vanguard Corp
AVD
$68.4M
| $34.8M | 0.02% |
2,525,530
-6,733
| -0.3% | -$90.4K |
|
1509
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $34.7M | 0.02% |
1,703,331
+28,382
| +2% | +$576K |
|
|
SHOE
1510
Shoe Station Group
SHOE
$413M
| $34.7M | 0.02% |
2,368,236
+21,966
| +0.9% | +$263K |
|
1511
American Public Education
APEI
$890M
| $34.7M | 0.02% |
1,170,859
-144,432
| -11% | -$4.04M |
|
1512
Univest Financial
UVSP
$1.22B
| $34.6M | 0.02% |
2,143,981
+47,115
| +2% | +$755K |
|
|
ADSW
1513
DELISTED
Advanced Disposal Services Inc
ADSW
| $34.6M | 0.02% |
1,145,463
-13,195
| -1% | -$421K |
|
1514
Heritage Financial
HFWA
$1.22B
| $34.5M | 0.02% |
1,725,998
+16,656
| +1% | +$314K |
|
1515
Wayfair
W
$11.2B
| $34.5M | 0.02% |
174,626
-5,745
| -3% | -$859K |
|
1516
Essential Utilities
WTRG
$11.3B
| $34.5M | 0.02% |
815,930
-17,971
| -2% | -$759K |
|
|
FFWM
1517
DELISTED
First Foundation Inc
FFWM
| $34.4M | 0.02% |
2,107,442
+57,380
| +3% | +$771K |
|
|
DNKN
1518
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $34.4M | 0.02% |
527,407
-32,320
| -6% | -$2.01M |
|
1519
CTS Corp
CTS
$1.83B
| $34.3M | 0.02% |
1,713,093
-73,623
| -4% | -$1.58M |
|
1520
Copa Holdings
CPA
$5.76B
| $34.3M | 0.02% |
678,308
+18,341
| +3% | +$846K |
|
1521
Simply Good Foods
SMPL
$901M
| $34.3M | 0.02% |
1,845,661
+239,405
| +15% | +$4.24M |
|
1522
Enerpac Tool Group
EPAC
$1.83B
| $34.2M | 0.02% |
1,943,932
-31,790
| -2% | -$537K |
|
|
NATI
1523
DELISTED
National Instruments Corp
NATI
| $34.2M | 0.02% |
882,891
+8,196
| +0.9% | +$310K |
|
1524
Ducommun
DCO
$2.7B
| $34.2M | 0.02% |
979,923
+7,587
| +0.8% | +$224K |
|
1525
Oceaneering
OII
$4.86B
| $34.1M | 0.02% |
5,342,859
-1,945,676
| -27% | -$10.3M |
|
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.