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 | |
|---|---|---|---|---|---|---|
|
ACIA
1651
DELISTED
Acacia Communications Inc
ACIA
| $28.3M | 0.01% |
420,715
-17,312
| -4% | -$1.17M |
|
1652
Miller Industries
MLR
$573M
| $28.2M | 0.01% |
948,094
+9,173
| +1% | +$261K |
|
1653
Winmark
WINA
$1.17B
| $28.2M | 0.01% |
164,733
-4,598
| -3% | -$673K |
|
|
CHX
1654
DELISTED
ChampionX
CHX
| $28.2M | 0.01% |
2,889,987
+541,695
| +23% | +$4.96M |
|
|
KE
1655
Kimball Electronics
KE
$596M
| $28.2M | 0.01% |
2,082,673
-45,690
| -2% | -$587K |
|
|
NTUS
1656
DELISTED
Natus Medical Inc
NTUS
| $28.2M | 0.01% |
1,292,032
-168,682
| -12% | -$3.86M |
|
1657
Cognex
CGNX
$10.8B
| $28.2M | 0.01% |
471,923
-24,887
| -5% | -$1.35M |
|
1658
Camden National
CAC
$980M
| $28.1M | 0.01% |
814,368
+6,657
| +0.8% | +$210K |
|
1659
Bath & Body Works
BBWI
$4.02B
| $28.1M | 0.01% |
2,321,997
+525,073
| +29% | +$5.85M |
|
1660
Enova International
ENVA
$6.31B
| $28.1M | 0.01% |
1,887,934
-13,557
| -0.7% | -$188K |
|
1661
CEVA Inc
CEVA
$914M
| $28.1M | 0.01% |
749,834
-10,794
| -1% | -$346K |
|
1662
PDF Solutions
PDFS
$1.96B
| $28M | 0.01% |
1,433,125
-93,037
| -6% | -$1.51M |
|
1663
Republic Bancorp
RBCAA
$1.94B
| $28M | 0.01% |
856,395
+4,380
| +0.5% | +$138K |
|
|
CBB
1664
DELISTED
Cincinnati Bell Inc.
CBB
| $28M | 0.01% |
1,885,476
-8,354
| -0.4% | -$123K |
|
|
LGF.B
1665
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $28M | 0.01% |
4,095,911
-190,279
| -4% | -$1.32M |
|
|
PDLI
1666
DELISTED
PDL BioPharma, Inc.
PDLI
| $27.9M | 0.01% |
9,603,719
-17,340
| -0.2% | -$54.8K |
|
1667
Mercantile Bank Corp
MBWM
$1.03B
| $27.9M | 0.01% |
1,235,192
+37,059
| +3% | +$816K |
|
1668
Hilton Grand Vacations
HGV
$3.65B
| $27.8M | 0.01% |
1,422,837
+57,753
| +4% | +$1.14M |
|
1669
Motorcar Parts of America
MPAA
$255M
| $27.8M | 0.01% |
1,574,169
-13,412
| -0.8% | -$189K |
|
1670
Park National Corp
PRK
$3.73B
| $27.8M | 0.01% |
394,783
+3,517
| +0.9% | +$257K |
|
1671
Ryman Hospitality Properties
RHP
$8.41B
| $27.8M | 0.01% |
802,622
+2,729
| +0.3% | +$90.6K |
|
1672
Keurig Dr Pepper
KDP
$42.5B
| $27.8M | 0.01% |
977,531
-47,322
| -5% | -$1.28M |
|
|
DCPH
1673
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $27.8M | 0.01% |
464,702
-212,984
| -31% | -$11.4M |
|
1674
H&R Block
HRB
$5.5B
| $27.7M | 0.01% |
1,942,305
+289,938
| +18% | +$4.58M |
|
|
AAMI
1675
Acadian Asset Management
AAMI
$3.02B
| $27.7M | 0.01% |
2,225,686
+624
| +0% | +$5.11K |
|
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.