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 | |
|---|---|---|---|---|---|---|
1551
Ambarella
AMBA
$3.77B
| $32.9M | 0.01% |
719,142
+23,351
| +3% | +$1.2M |
|
1552
Dorian LPG
LPG
$2.03B
| $32.9M | 0.01% |
4,247,936
+207,488
| +5% | +$1.72M |
|
1553
Boot Barn
BOOT
$4.51B
| $32.8M | 0.01% |
1,523,417
+82,839
| +6% | +$1.62M |
|
1554
Innoviva
INVA
$1.55B
| $32.7M | 0.01% |
2,336,921
+77,908
| +3% | +$1.06M |
|
|
INFN
1555
DELISTED
Infinera Corporation Common Stock
INFN
| $32.6M | 0.01% |
5,513,426
-872,145
| -14% | -$4.78M |
|
1556
SPS Commerce
SPSC
$2.69B
| $32.6M | 0.01% |
433,415
+692
| +0.2% | +$42.2K |
|
1557
Pathward Financial
CASH
$1.86B
| $32.4M | 0.01% |
1,781,876
-31,567
| -2% | -$553K |
|
1558
HealthStream
HSTM
$819M
| $32.4M | 0.01% |
1,462,867
-25,141
| -2% | -$582K |
|
|
MDP
1559
DELISTED
Meredith Corporation
MDP
| $32.3M | 0.01% |
2,219,999
-31,357
| -1% | -$457K |
|
1560
Planet Fitness
PLNT
$4.42B
| $32.2M | 0.01% |
532,441
-15,023
| -3% | -$902K |
|
1561
RELX
RELX
$61.8B
| $32.2M | 0.01% |
1,368,546
+108,158
| +9% | +$2.47M |
|
1562
Myriad Genetics
MYGN
$270M
| $32.2M | 0.01% |
2,838,177
-147,563
| -5% | -$2.1M |
|
|
TSE
1563
DELISTED
Trinseo
TSE
| $32.1M | 0.01% |
1,447,536
-26,996
| -2% | -$552K |
|
|
NTCO
1564
DELISTED
Natura &Co Holding S.A. American Depositary Shares (each representing two Common Shares)
NTCO
| $32M | 0.01% |
2,205,869
-637,965
| -22% | -$8.37M |
|
1565
Great Southern Bancorp
GSBC
$874M
| $32M | 0.01% |
793,030
+4,500
| +0.6% | +$178K |
|
1566
Shake Shack
SHAK
$2.53B
| $31.9M | 0.01% |
602,384
+3,927
| +0.7% | +$199K |
|
1567
LG Display
LPL
$3B
| $31.9M | 0.01% |
6,596,021
-401,547
| -6% | -$1.83M |
|
1568
Outfront Media
OUT
$5.61B
| $31.8M | 0.01% |
2,282,948
+19,139
| +0.8% | +$268K |
|
1569
German American Bancorp
GABC
$1.91B
| $31.8M | 0.01% |
1,023,449
-3,876
| -0.4% | -$112K |
|
1570
Federal Agricultural Mortgage
AGM
$2.47B
| $31.7M | 0.01% |
495,111
-38,734
| -7% | -$2.4M |
|
|
EGIO
1571
DELISTED
Edgio, Inc. Common Stock
EGIO
| $31.6M | 0.01% |
107,223
-2,059
| -2% | -$457K |
|
1572
Veeco
VECO
$3.05B
| $31.5M | 0.01% |
2,337,497
-384,820
| -14% | -$4.42M |
|
1573
National Grid
NGG
$80.4B
| $31.5M | 0.01% |
586,744
+4,398
| +0.8% | +$223K |
|
1574
RE/MAX Holdings
RMAX
$193M
| $31.5M | 0.01% |
1,002,279
+97,504
| +11% | +$2.59M |
|
1575
AngioDynamics
ANGO
$611M
| $31.3M | 0.01% |
3,074,009
-55,652
| -2% | -$574K |
|
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.