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 | |
|---|---|---|---|---|---|---|
1551
EPR Properties
EPR
$4.7B
| $32M | 0.01% |
1,163,068
-90,659
| -7% | -$2.83M |
|
1552
Ducommun
DCO
$2.74B
| $32M | 0.01% |
971,081
-8,842
| -0.9% | -$318K |
|
1553
S&T Bancorp
STBA
$1.85B
| $32M | 0.01% |
1,806,551
-11,279
| -0.6% | -$235K |
|
1554
Universal Display
OLED
$3.7B
| $31.9M | 0.01% |
176,752
+9,257
| +6% | +$1.58M |
|
1555
Apple Hospitality REIT
APLE
$3.91B
| $31.9M | 0.01% |
3,319,978
-116,027
| -3% | -$1.12M |
|
1556
AMC Global Media
AMCX
$484M
| $31.9M | 0.01% |
1,289,424
+35,854
| +3% | +$861K |
|
|
DCOM
1557
DELISTED
Dime Community Bancshares
DCOM
| $31.9M | 0.01% |
2,816,577
-14,393
| -0.5% | -$179K |
|
|
NXGN
1558
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $31.8M | 0.01% |
2,497,414
-16,490
| -0.7% | -$211K |
|
|
NTCO
1559
DELISTED
Natura &Co Holding S.A. American Depositary Shares (each representing two Common Shares)
NTCO
| $31.8M | 0.01% |
1,745,871
-459,998
| -21% | -$8.06M |
|
|
NSA
1560
DELISTED
National Storage Affiliates Trust
NSA
| $31.8M | 0.01% |
970,748
+37,095
| +4% | +$1.19M |
|
|
AVTA
1561
DELISTED
Avantax, Inc. Common Stock
AVTA
| $31.7M | 0.01% |
3,366,536
-200
| -0% | -$2.21K |
|
1562
Peoples Bancorp
PEBO
$1.49B
| $31.7M | 0.01% |
1,659,874
-45,847
| -3% | -$942K |
|
1563
Heritage Financial
HFWA
$1.22B
| $31.6M | 0.01% |
1,717,429
-8,569
| -0.5% | -$168K |
|
1564
UGI
UGI
$7.78B
| $31.6M | 0.01% |
957,699
+15,222
| +2% | +$505K |
|
|
LBAI
1565
DELISTED
Lakeland Bancorp Inc
LBAI
| $31.6M | 0.01% |
3,173,178
+4,946
| +0.2% | +$52.3K |
|
|
BPFH
1566
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $31.5M | 0.01% |
5,714,117
-188,232
| -3% | -$1.12M |
|
|
AVYA
1567
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $31.5M | 0.01% |
2,072,821
-110,627
| -5% | -$1.56M |
|
1568
Central Garden & Pet Co
CENT
$2.72B
| $31.5M | 0.01% |
985,834
+383
| +0% | +$12K |
|
1569
Cognex
CGNX
$11B
| $31.5M | 0.01% |
483,370
+11,447
| +2% | +$740K |
|
1570
Outfront Media
OUT
$5.55B
| $31.4M | 0.01% |
2,196,074
-86,874
| -4% | -$1.3M |
|
|
CATM
1571
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $31.2M | 0.01% |
1,573,451
-104,283
| -6% | -$2.28M |
|
1572
KRONOS Worldwide
KRO
$704M
| $31.1M | 0.01% |
2,418,195
+40,564
| +2% | +$486K |
|
1573
Targa Resources
TRGP
$57.2B
| $31.1M | 0.01% |
2,215,947
+14,174
| +0.6% | +$249K |
|
1574
NiSource
NI
$21.5B
| $31.1M | 0.01% |
1,412,984
+62,212
| +5% | +$1.44M |
|
1575
Waterstone Financial
WSBF
$377M
| $31.1M | 0.01% |
2,004,747
-39,095
| -2% | -$587K |
|
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.