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 | |
|---|---|---|---|---|---|---|
|
HI
1651
DELISTED
Hillenbrand
HI
| $28.1M | 0.01% |
992,041
+9,529
| +1% | +$282K |
|
1652
Ethan Allen Interiors
ETD
$594M
| $28.1M | 0.01% |
2,077,663
-14,736
| -0.7% | -$194K |
|
|
CBB
1653
DELISTED
Cincinnati Bell Inc.
CBB
| $28.1M | 0.01% |
1,873,791
-11,685
| -0.6% | -$175K |
|
|
RAVN
1654
DELISTED
Raven Industries Inc
RAVN
| $28.1M | 0.01% |
1,305,040
-96,992
| -7% | -$2.24M |
|
1655
PTC
PTC
$16.2B
| $28M | 0.01% |
339,096
+26,037
| +8% | +$2.22M |
|
1656
German American Bancorp
GABC
$1.93B
| $27.9M | 0.01% |
1,026,952
+3,503
| +0.3% | +$101K |
|
|
PPLI
1657
People Inc
PPLI
$3.16B
| $27.9M | 0.01% |
426,239
-849,195
| -67% | -$58.2M |
|
|
PRA
1658
DELISTED
ProAssurance
PRA
| $27.9M | 0.01% |
1,781,499
-224,225
| -11% | -$3.34M |
|
1659
Palo Alto Networks
PANW
$282B
| $27.8M | 0.01% |
682,212
-56,982
| -8% | -$2.37M |
|
1660
Pan American Silver
PAAS
$18.4B
| $27.8M | 0.01% |
865,237
-3,193
| -0.4% | -$110K |
|
|
HSII
1661
DELISTED
Heidrick & Struggles
HSII
| $27.8M | 0.01% |
1,415,415
+5,689
| +0.4% | +$120K |
|
1662
IMAX
IMAX
$2.78B
| $27.8M | 0.01% |
2,323,561
-43,819
| -2% | -$566K |
|
1663
Haverty Furniture Companies
HVT
$410M
| $27.7M | 0.01% |
1,323,187
-28,662
| -2% | -$519K |
|
|
ECOL
1664
DELISTED
US Ecology, Inc.
ECOL
| $27.7M | 0.01% |
847,191
-5,805
| -0.7% | -$203K |
|
|
USCR
1665
DELISTED
U S Concrete, Inc.
USCR
| $27.7M | 0.01% |
952,326
+20,314
| +2% | +$548K |
|
1666
Four Corners Property Trust
FCPT
$2.79B
| $27.6M | 0.01% |
1,079,038
-11,142
| -1% | -$276K |
|
1667
Howard Hughes
HHH
$3.87B
| $27.4M | 0.01% |
499,263
-16,013
| -3% | -$855K |
|
1668
Comtech Telecommunications
CMTL
$50M
| $27.4M | 0.01% |
1,957,811
-50,244
| -3% | -$803K |
|
1669
Clean Energy Fuels
CLNE
$410M
| $27.4M | 0.01% |
11,031,319
-1,921
| -0% | -$5K |
|
1670
Customers Bancorp
CUBI
$2.74B
| $27.3M | 0.01% |
2,439,227
-38,296
| -2% | -$454K |
|
1671
LeMaitre Vascular
LMAT
$2.37B
| $27.3M | 0.01% |
839,660
-50,647
| -6% | -$1.52M |
|
1672
V2X
VVX
$2.71B
| $27.3M | 0.01% |
717,184
-27,267
| -4% | -$1.19M |
|
|
FFWM
1673
DELISTED
First Foundation Inc
FFWM
| $27.1M | 0.01% |
2,076,659
-30,783
| -1% | -$467K |
|
1674
Sunstone Hotel Investors
SHO
$2.19B
| $27.1M | 0.01% |
3,409,723
-152,468
| -4% | -$1.21M |
|
|
DLPH
1675
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $27M | 0.01% |
1,614,733
-104,881
| -6% | -$1.73M |
|
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.