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 | |
|---|---|---|---|---|---|---|
1601
Hilton Grand Vacations
HGV
$3.55B
| $30.2M | 0.01% |
1,438,411
+15,574
| +1% | +$332K |
|
1602
Warrior Met Coal
HCC
$4.2B
| $30.2M | 0.01% |
1,765,625
-16,825
| -0.9% | -$273K |
|
1603
Guidewire Software
GWRE
$13.2B
| $30.1M | 0.01% |
288,839
+16,590
| +6% | +$1.86M |
|
|
BFX
1604
DELISTED
BowFlex Inc.
BFX
| $30.1M | 0.01% |
1,754,468
-21,481
| -1% | -$275K |
|
1605
John B. Sanfilippo & Son
JBSS
$987M
| $30M | 0.01% |
398,346
-26,441
| -6% | -$2.2M |
|
1606
Atkore
ATKR
$3.15B
| $30M | 0.01% |
1,319,632
-29,249
| -2% | -$792K |
|
1607
Healthcare Services Group
HCSG
$1.61B
| $29.9M | 0.01% |
1,388,134
-2,825
| -0.2% | -$65.9K |
|
1608
American Public Education
APEI
$958M
| $29.8M | 0.01% |
1,057,553
-113,306
| -10% | -$3.44M |
|
1609
Hyster-Yale Materials Handling
HY
$623M
| $29.8M | 0.01% |
802,340
-1,001
| -0.1% | -$39.4K |
|
1610
Okta
OKTA
$25B
| $29.8M | 0.01% |
139,141
+1,579
| +1% | +$329K |
|
|
LNW
1611
DELISTED
Light & Wonder
LNW
| $29.7M | 0.01% |
850,798
-12,793
| -1% | -$274K |
|
1612
Live Oak Bancshares
LOB
$2.02B
| $29.6M | 0.01% |
1,167,886
+5,309
| +0.5% | +$103K |
|
|
CNSL
1613
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $29.6M | 0.01% |
5,196,492
-186,100
| -3% | -$1.29M |
|
1614
Travel + Leisure Co
TNL
$4.7B
| $29.5M | 0.01% |
960,667
-56,613
| -6% | -$1.69M |
|
|
STFC
1615
DELISTED
State Auto Financial Corp
STFC
| $29.5M | 0.01% |
2,146,836
-38,297
| -2% | -$612K |
|
1616
Agnico Eagle Mines
AEM
$74.8B
| $29.5M | 0.01% |
370,822
+28,416
| +8% | +$2.17M |
|
1617
Tompkins Financial
TMP
$1.45B
| $29.5M | 0.01% |
519,459
+917
| +0.2% | +$58.3K |
|
1618
Brookdale Senior Living
BKD
$3.5B
| $29.5M | 0.01% |
11,595,314
-1,381,928
| -11% | -$3.81M |
|
1619
OGE Energy
OGE
$9.77B
| $29.4M | 0.01% |
979,950
-3,994
| -0.4% | -$126K |
|
|
PDLI
1620
DELISTED
PDL BioPharma, Inc.
PDLI
| $29.4M | 0.01% |
9,318,552
-285,167
| -3% | -$911K |
|
1621
Enterprise Financial Services Corp
EFSC
$2.43B
| $29.3M | 0.01% |
1,074,915
+15,406
| +1% | +$456K |
|
1622
Resources Connection
RGP
$154M
| $29.3M | 0.01% |
2,537,790
-18,413
| -0.7% | -$219K |
|
1623
Workday
WDAY
$41.2B
| $29.2M | 0.01% |
135,480
+6,561
| +5% | +$1.3M |
|
1624
Pilgrim's Pride
PPC
$6.64B
| $29.1M | 0.01% |
1,947,531
+105,959
| +6% | +$1.69M |
|
1625
National Fuel Gas
NFG
$7.83B
| $29.1M | 0.01% |
717,770
+18,541
| +3% | +$790K |
|
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.