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 | |
|---|---|---|---|---|---|---|
1526
TC Energy
TRP
$70.2B
| $34.1M | 0.02% |
795,976
+215,927
| +37% | +$9.69M |
|
1527
Andersons Inc
ANDE
$2.41B
| $34.1M | 0.02% |
2,478,428
-9,353
| -0.4% | -$136K |
|
1528
Kforce
KFRC
$1.02B
| $34.1M | 0.02% |
1,165,955
-13,480
| -1% | -$392K |
|
|
AY
1529
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $34.1M | 0.02% |
1,170,542
-15,837
| -1% | -$399K |
|
1530
Sally Beauty Holdings
SBH
$1.43B
| $34M | 0.02% |
2,716,798
-129,589
| -5% | -$1.42M |
|
1531
Healthcare Services Group
HCSG
$1.6B
| $34M | 0.02% |
1,390,959
+17,247
| +1% | +$408K |
|
|
CCF
1532
DELISTED
Chase Corporation
CCF
| $34M | 0.02% |
331,861
-3,196
| -1% | -$299K |
|
|
CVA
1533
DELISTED
Covanta Holding Corporation
CVA
| $33.9M | 0.01% |
3,538,220
-93,831
| -3% | -$802K |
|
1534
Comtech Telecommunications
CMTL
$50.3M
| $33.9M | 0.01% |
2,008,055
-25,862
| -1% | -$437K |
|
1535
Adtran
ADTN
$689M
| $33.9M | 0.01% |
3,097,341
-252,841
| -8% | -$2.61M |
|
1536
Avis
CAR
$4.86B
| $33.8M | 0.01% |
1,477,083
-154,555
| -9% | -$2.84M |
|
1537
Trade Desk
TTD
$8.48B
| $33.7M | 0.01% |
829,130
-25,850
| -3% | -$779K |
|
1538
St. Joe Company
JOE
$3.54B
| $33.6M | 0.01% |
1,732,222
+14,549
| +0.8% | +$268K |
|
1539
Tompkins Financial
TMP
$1.43B
| $33.6M | 0.01% |
518,542
-3,613
| -0.7% | -$236K |
|
1540
O-I Glass
OI
$1.1B
| $33.6M | 0.01% |
3,738,483
-130,467
| -3% | -$1.01M |
|
1541
Future Fuel
FF
$217M
| $33.4M | 0.01% |
2,793,548
+28,560
| +1% | +$337K |
|
1542
Ingevity
NGVT
$2.54B
| $33.3M | 0.01% |
634,361
-4,807
| -0.8% | -$228K |
|
1543
Insulet
PODD
$11.5B
| $33.3M | 0.01% |
171,692
+39,314
| +30% | +$7.52M |
|
1544
Moelis & Co
MC
$4.97B
| $33.3M | 0.01% |
1,069,164
+16,639
| +2% | +$522K |
|
1545
Harmony Gold Mining
HMY
$9.84B
| $33.3M | 0.01% |
7,992,118
+254,169
| +3% | +$836K |
|
1546
Coty
COTY
$2.42B
| $33.3M | 0.01% |
7,443,450
-465,854
| -6% | -$2.26M |
|
1547
Mitsubishi UFJ Financial
MUFG
$253B
| $33.2M | 0.01% |
8,454,673
-1,030,242
| -11% | -$4.08M |
|
1548
Apple Hospitality REIT
APLE
$3.9B
| $33.2M | 0.01% |
3,436,005
-14,184
| -0.4% | -$135K |
|
1549
Pinnacle West Capital
PNW
$12.2B
| $33M | 0.01% |
450,525
+15,648
| +4% | +$1.18M |
|
1550
Enterprise Financial Services Corp
EFSC
$2.4B
| $33M | 0.01% |
1,059,509
+17,420
| +2% | +$506K |
|
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.