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 |
Concentrix
CNXC
|
+$196M |
| 2 |
Tesla
TSLA
|
+$162M |
| 3 |
PROG Holdings
PRG
|
+$150M |
| 4 |
Morgan Stanley
MS
|
+$120M |
| 5 |
Unilever
UL
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$284M |
| 2 |
Comcast
CMCSA
|
+$222M |
| 3 |
ExxonMobil
XOM
|
+$166M |
| 4 |
AAN.A
The Aaron's Company Inc Class A
AAN.A
|
+$165M |
| 5 |
TD Synnex
SNX
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.83% |
| 2 | Technology | 16.31% |
| 3 | Industrials | 13.47% |
| 4 | Consumer Discretionary | 12.13% |
| 5 | Healthcare | 10.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
STFC
1601
DELISTED
State Auto Financial Corp
STFC
| $37.5M | 0.01% |
2,111,304
-35,532
| -2% | -$539K |
|
1602
Helix Energy Solutions
HLX
$1.34B
| $37.4M | 0.01% |
8,904,237
-623,016
| -7% | -$2.08M |
|
1603
Enterprise Financial Services Corp
EFSC
$2.4B
| $37.4M | 0.01% |
1,069,494
-5,421
| -0.5% | -$177K |
|
|
EPAY
1604
DELISTED
Bottomline Technologies Inc
EPAY
| $37.2M | 0.01% |
704,515
+18,605
| +3% | +$846K |
|
1605
Southwest Gas
SWX
$6.64B
| $37M | 0.01% |
609,484
-3,103
| -0.5% | -$204K |
|
1606
REX American Resources
REX
$1.39B
| $36.9M | 0.01% |
3,016,254
-51,390
| -2% | -$675K |
|
1607
Waterstone Financial
WSBF
$371M
| $36.9M | 0.01% |
1,959,852
-44,895
| -2% | -$785K |
|
1608
Pebblebrook Hotel Trust
PEB
$2.18B
| $36.8M | 0.01% |
1,959,584
-149,493
| -7% | -$2.42M |
|
1609
Surgery Partners
SGRY
$2.15B
| $36.8M | 0.01% |
1,269,287
+58,329
| +5% | +$1.45M |
|
1610
Portland General Electric
POR
$5.82B
| $36.8M | 0.01% |
859,875
-5,934
| -0.7% | -$242K |
|
|
SGMO
1611
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $36.8M | 0.01% |
2,356,055
+62,257
| +3% | +$729K |
|
1612
EPR Properties
EPR
$4.89B
| $36.7M | 0.01% |
1,130,420
-32,648
| -3% | -$960K |
|
1613
Cameco
CCJ
$36.8B
| $36.7M | 0.01% |
2,739,796
-334,013
| -11% | -$3.57M |
|
|
NSA
1614
DELISTED
National Storage Affiliates Trust
NSA
| $36.7M | 0.01% |
1,017,361
+46,613
| +5% | +$1.61M |
|
1615
Sunstone Hotel Investors
SHO
$2.19B
| $36.6M | 0.01% |
3,233,232
-176,491
| -5% | -$1.69M |
|
1616
MBIA
MBI
$275M
| $36.4M | 0.01% |
5,533,752
-444,320
| -7% | -$2.89M |
|
1617
Ligand Pharmaceuticals
LGND
$5.77B
| $36.4M | 0.01% |
586,363
-22,519
| -4% | -$1.28M |
|
1618
Amphastar Pharmaceuticals
AMPH
$907M
| $36.3M | 0.01% |
1,807,385
-18,608
| -1% | -$362K |
|
|
B
1619
Barrick Mining
B
$60.9B
| $36.3M | 0.01% |
1,593,344
-213,927
| -12% | -$5.42M |
|
|
FIT
1620
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $36.3M | 0.01% |
5,334,741
-17,534
| -0.3% | -$124K |
|
1621
Genworth Financial
GNW
$3.86B
| $36.3M | 0.01% |
9,590,790
-22,834
| -0.2% | -$93.9K |
|
1622
KRONOS Worldwide
KRO
$712M
| $36.2M | 0.01% |
2,430,748
+12,553
| +0.5% | +$177K |
|
1623
Haverty Furniture Companies
HVT
$418M
| $36.2M | 0.01% |
1,308,089
-15,098
| -1% | -$399K |
|
1624
RLJ Lodging Trust
RLJ
$1.88B
| $36.1M | 0.01% |
2,552,806
-91,860
| -3% | -$1.03M |
|
1625
Manitowoc
MTW
$491M
| $36.1M | 0.01% |
2,713,878
-85,654
| -3% | -$913K |
|
Similar funds
Dimensional Fund Advisors's Q4 2020 Portfolio in Review
As of Q4 2020, Dimensional Fund Advisors held 3,414 positions worth $277B, up 17% from $236B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Trading was light in Q4 2020: portfolio turnover was 4.5%. Dimensional Fund Advisors opened 81 new positions and exited 72, leaving the 3,414-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 15% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q4 2020 buy was Concentrix: 1,965,264 shares worth $194M.
- Dimensional Fund Advisors added most to Tesla in Q4 2020, an estimated $162M increase.
- Dimensional Fund Advisors's biggest Q4 2020 reduction was Apple, cutting an estimated $284M.
- Dimensional Fund Advisors fully exited The Aaron's Company Inc Class A in Q4 2020, selling an estimated $165M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $277B portfolio in Q4 2020.
- Dimensional Fund Advisors opened 81 new positions and closed 72 in Q4 2020.
- Dimensional Fund Advisors's portfolio value rose 17% quarter-over-quarter to $277B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2020, filed 11 Feb 2021.