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 | |
|---|---|---|---|---|---|---|
1651
V2X
VVX
$2.7B
| $35.2M | 0.01% |
707,645
-9,539
| -1% | -$427K |
|
1652
Moderna
MRNA
$21.6B
| $35.2M | 0.01% |
336,544
+74,027
| +28% | +$7.49M |
|
|
TARO
1653
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $35.2M | 0.01% |
478,994
+4,832
| +1% | +$311K |
|
1654
Simulations Plus
SLP
$371M
| $35.1M | 0.01% |
487,543
-94,042
| -16% | -$6.23M |
|
|
COWN
1655
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $35M | 0.01% |
1,346,007
-11,511
| -0.8% | -$260K |
|
1656
Roku
ROKU
$21.6B
| $34.8M | 0.01% |
104,805
+3,291
| +3% | +$863K |
|
1657
Hyatt Hotels
H
$17.5B
| $34.8M | 0.01% |
468,522
-14,947
| -3% | -$974K |
|
1658
Chefs' Warehouse
CHEF
$4.31B
| $34.8M | 0.01% |
1,353,163
-44,966
| -3% | -$884K |
|
1659
UGI
UGI
$7.87B
| $34.8M | 0.01% |
994,139
+36,440
| +4% | +$1.28M |
|
1660
Okta
OKTA
$23.8B
| $34.7M | 0.01% |
136,606
-2,535
| -2% | -$603K |
|
1661
Workday
WDAY
$41.5B
| $34.6M | 0.01% |
144,364
+8,884
| +7% | +$2M |
|
|
ATRI
1662
DELISTED
Atrion Corp
ATRI
| $34.5M | 0.01% |
53,794
-5,259
| -9% | -$3.27M |
|
1663
Antero Resources
AR
$10.9B
| $34.5M | 0.01% |
6,330,885
+655,752
| +12% | +$2.69M |
|
1664
Pacira BioSciences
PCRX
$1.04B
| $34.4M | 0.01% |
575,717
+18,553
| +3% | +$1.09M |
|
|
GRA
1665
DELISTED
W.R. Grace & Co.
GRA
| $34.4M | 0.01% |
627,107
-8,104
| -1% | -$408K |
|
1666
World Acceptance Corp
WRLD
$861M
| $34.3M | 0.01% |
335,931
-25,386
| -7% | -$2.69M |
|
1667
Cooper-Standard Automotive
CPS
$517M
| $34.2M | 0.01% |
986,025
-47,381
| -5% | -$1.32M |
|
1668
Caleres
CAL
$432M
| $34.2M | 0.01% |
2,182,644
-312,792
| -13% | -$3.5M |
|
|
CXP
1669
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $34.2M | 0.01% |
2,381,886
+72,463
| +3% | +$922K |
|
|
ARCH
1670
DELISTED
Arch Resources, Inc.
ARCH
| $34.1M | 0.01% |
778,270
-99,920
| -11% | -$3.73M |
|
1671
Yeti Holdings
YETI
$3.87B
| $34M | 0.01% |
497,315
+42,508
| +9% | +$2.52M |
|
1672
Pegasystems
PEGA
$5.09B
| $34M | 0.01% |
510,490
-55,644
| -10% | -$3.55M |
|
1673
Commault Systems
CVLT
$4.98B
| $34M | 0.01% |
613,360
-5,301
| -0.9% | -$248K |
|
1674
Argan
AGX
$6.9B
| $33.9M | 0.01% |
762,338
-39,570
| -5% | -$1.78M |
|
1675
Fomento Económico Mexicano
FMX
$41.2B
| $33.8M | 0.01% |
446,654
-2,803
| -0.6% | -$187K |
|
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.