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 | |
|---|---|---|---|---|---|---|
1601
Guidewire Software
GWRE
$12.8B
| $30.2M | 0.01% |
272,249
+2,323
| +0.9% | +$223K |
|
|
BMTC
1602
DELISTED
Bryn Mawr Bank Corp
BMTC
| $30.2M | 0.01% |
1,090,921
+6,979
| +0.6% | +$190K |
|
|
RAVN
1603
DELISTED
Raven Industries Inc
RAVN
| $30.2M | 0.01% |
1,402,032
-10,670
| -0.8% | -$225K |
|
1604
Banco Bradesco
BBD
$38.1B
| $30M | 0.01% |
9,517,151
-113,160
| -1% | -$344K |
|
1605
UGI
UGI
$7.76B
| $30M | 0.01% |
942,477
+45,397
| +5% | +$1.38M |
|
1606
Shutterstock
SSTK
$202M
| $29.9M | 0.01% |
854,722
+9,876
| +1% | +$356K |
|
|
BDN
1607
Brandywine Realty Trust
BDN
$527M
| $29.9M | 0.01% |
2,743,545
-24,192
| -0.9% | -$249K |
|
1608
Chemours
CC
$2.49B
| $29.9M | 0.01% |
1,946,186
+56,293
| +3% | +$712K |
|
1609
OGE Energy
OGE
$9.83B
| $29.9M | 0.01% |
983,944
+32,533
| +3% | +$1.01M |
|
|
XYZ
1610
Block Inc
XYZ
$48.3B
| $29.9M | 0.01% |
284,479
+21,309
| +8% | +$1.63M |
|
1611
Customers Bancorp
CUBI
$2.65B
| $29.8M | 0.01% |
2,477,523
-117,352
| -5% | -$1.31M |
|
|
HEES
1612
DELISTED
H&E Equipment Services
HEES
| $29.8M | 0.01% |
1,610,287
+29,167
| +2% | +$464K |
|
1613
Pebblebrook Hotel Trust
PEB
$2.15B
| $29.7M | 0.01% |
2,176,266
-13,481
| -0.6% | -$167K |
|
1614
TripAdvisor
TRIP
$1.65B
| $29.7M | 0.01% |
1,561,260
+543,712
| +53% | +$10.4M |
|
1615
Lindsay Corp
LNN
$1.13B
| $29.6M | 0.01% |
321,493
-1,839
| -0.6% | -$169K |
|
|
OSG
1616
Octave Specialty Group
OSG
$242M
| $29.5M | 0.01% |
2,061,531
-41,787
| -2% | -$611K |
|
1617
Telkom Indonesia
TLK
$14.5B
| $29.5M | 0.01% |
1,347,835
-64,988
| -5% | -$1.37M |
|
1618
Canadian Pacific Kansas City
CP
$78.3B
| $29.4M | 0.01% |
574,910
+9,405
| +2% | +$446K |
|
|
GBT
1619
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $29.4M | 0.01% |
464,928
-17,935
| -4% | -$1.23M |
|
|
HIBB
1620
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $29.4M | 0.01% |
1,401,938
-53,214
| -4% | -$887K |
|
1621
AMC Global Media
AMCX
$497M
| $29.3M | 0.01% |
1,253,570
+256,948
| +26% | +$6.73M |
|
1622
National Fuel Gas
NFG
$7.77B
| $29.3M | 0.01% |
699,229
+5,123
| +0.7% | +$209K |
|
1623
Teradata
TDC
$2.92B
| $29.3M | 0.01% |
1,408,969
+25,656
| +2% | +$558K |
|
1624
Sarepta Therapeutics
SRPT
$1.59B
| $29.3M | 0.01% |
182,528
-6,073
| -3% | -$826K |
|
|
PRSU
1625
Pursuit Attractions and Hospitality Inc
PRSU
$1.39B
| $29.3M | 0.01% |
1,538,624
-26,496
| -2% | -$536K |
|
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.