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 | |
|---|---|---|---|---|---|---|
1501
Wayfair
W
$11.8B
| $42.5M | 0.02% |
188,302
+9,526
| +5% | +$2.53M |
|
1502
Planet Fitness
PLNT
$4.45B
| $42.4M | 0.02% |
546,409
+25,484
| +5% | +$1.78M |
|
|
SHOE
1503
Shoe Station Group
SHOE
$424M
| $42.4M | 0.02% |
2,165,054
-63,102
| -3% | -$1.13M |
|
1504
Travel + Leisure Co
TNL
$4.76B
| $42.4M | 0.02% |
945,184
-15,483
| -2% | -$607K |
|
1505
HNI Corp
HNI
$3.08B
| $42.4M | 0.02% |
1,229,128
-19,379
| -2% | -$696K |
|
1506
Bloomin' Brands
BLMN
$754M
| $42.3M | 0.02% |
2,178,612
-50,466
| -2% | -$860K |
|
|
ALE
1507
DELISTED
Allete
ALE
| $42.3M | 0.02% |
682,826
-40,669
| -6% | -$2.3M |
|
1508
AMERISAFE
AMSF
$562M
| $42.2M | 0.02% |
735,553
-45,011
| -6% | -$2.6M |
|
1509
Universal Display
OLED
$3.75B
| $42.2M | 0.02% |
183,773
+7,021
| +4% | +$1.5M |
|
|
PDM
1510
Piedmont Realty Trust
PDM
$1.24B
| $42.1M | 0.02% |
2,592,113
+59,943
| +2% | +$883K |
|
1511
United Parks & Resorts
PRKS
$2.19B
| $42M | 0.02% |
1,330,974
+33,359
| +3% | +$869K |
|
|
AAMI
1512
Acadian Asset Management
AAMI
$2.88B
| $42M | 0.02% |
2,176,516
-28,924
| -1% | -$487K |
|
|
GTS
1513
DELISTED
Triple-S Management Corporation
GTS
| $41.9M | 0.02% |
1,962,030
-17,376
| -0.9% | -$371K |
|
|
ECHO
1514
EchoStar
ECHO
$24.3B
| $41.9M | 0.02% |
1,975,745
-11,824
| -0.6% | -$283K |
|
|
PSB
1515
DELISTED
PS Business Parks, Inc.
PSB
| $41.8M | 0.02% |
314,967
-6,271
| -2% | -$807K |
|
1516
Dr. Reddy's Laboratories
RDY
$9.8B
| $41.8M | 0.02% |
2,934,280
-644,600
| -18% | -$8.68M |
|
1517
Palo Alto Networks
PANW
$256B
| $41.7M | 0.02% |
704,508
+22,296
| +3% | +$1.04M |
|
1518
Enerpac Tool Group
EPAC
$1.86B
| $41.7M | 0.02% |
1,843,246
-93,450
| -5% | -$1.95M |
|
1519
Tredegar Corp
TG
$260M
| $41.6M | 0.02% |
2,492,941
-166,557
| -6% | -$2.8M |
|
1520
Apple Hospitality REIT
APLE
$3.97B
| $41.6M | 0.02% |
3,221,456
-98,522
| -3% | -$1.17M |
|
1521
Ethan Allen Interiors
ETD
$600M
| $41.6M | 0.02% |
2,056,493
-21,170
| -1% | -$373K |
|
1522
Hexcel
HXL
$7.97B
| $41.5M | 0.02% |
855,602
+15,309
| +2% | +$667K |
|
1523
Community Trust Bancorp
CTBI
$1.42B
| $41.4M | 0.02% |
1,117,808
-20,660
| -2% | -$699K |
|
|
BDN
1524
Brandywine Realty Trust
BDN
$505M
| $41.4M | 0.01% |
3,472,454
+121,972
| +4% | +$1.31M |
|
|
ETRN
1525
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $41.3M | 0.01% |
5,138,860
+1,295,818
| +34% | +$10.3M |
|
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.