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 | |
|---|---|---|---|---|---|---|
|
ACIA
1676
DELISTED
Acacia Communications Inc
ACIA
| $26.9M | 0.01% |
398,391
-22,324
| -5% | -$1.51M |
|
|
BMTC
1677
DELISTED
Bryn Mawr Bank Corp
BMTC
| $26.8M | 0.01% |
1,077,861
-13,060
| -1% | -$348K |
|
1678
Spotify
SPOT
$101B
| $26.8M | 0.01% |
110,458
-2,609
| -2% | -$674K |
|
|
JOBS
1679
DELISTED
51job Inc
JOBS
| $26.8M | 0.01% |
343,086
+4,731
| +1% | +$329K |
|
1680
MACOM Technology Solutions
MTSI
$19.5B
| $26.7M | 0.01% |
786,447
-46,917
| -6% | -$1.7M |
|
1681
Winmark
WINA
$1.23B
| $26.7M | 0.01% |
155,214
-9,519
| -6% | -$1.53M |
|
1682
Viasat
VSAT
$11B
| $26.7M | 0.01% |
775,990
+24,171
| +3% | +$914K |
|
1683
Deluxe
DLX
$1.23B
| $26.6M | 0.01% |
1,033,585
-55,377
| -5% | -$1.43M |
|
|
CS
1684
DELISTED
Credit Suisse Group
CS
| $26.6M | 0.01% |
2,666,023
+276,857
| +12% | +$2.97M |
|
1685
Virtu Financial
VIRT
$5.04B
| $26.6M | 0.01% |
1,154,940
+66,751
| +6% | +$1.67M |
|
1686
H&R Block
HRB
$5.76B
| $26.6M | 0.01% |
1,631,023
-311,282
| -16% | -$4.58M |
|
|
RP
1687
DELISTED
RealPage, Inc.
RP
| $26.5M | 0.01% |
459,988
+17,973
| +4% | +$1.11M |
|
1688
Surgery Partners
SGRY
$2.1B
| $26.5M | 0.01% |
1,210,958
-167,900
| -12% | -$2.98M |
|
|
NVEE
1689
DELISTED
NV5 Global
NVEE
| $26.5M | 0.01% |
2,006,548
+30,076
| +2% | +$401K |
|
1690
Pebblebrook Hotel Trust
PEB
$2.18B
| $26.4M | 0.01% |
2,109,077
-67,189
| -3% | -$806K |
|
|
CVA
1691
DELISTED
Covanta Holding Corporation
CVA
| $26.4M | 0.01% |
3,409,440
-128,780
| -4% | -$1.18M |
|
|
ILPT
1692
Industrial Logistics Properties Trust
ILPT
$584M
| $26.4M | 0.01% |
1,205,673
+176,412
| +17% | +$3.76M |
|
1693
HEICO Corp
HEI
$50.4B
| $26.3M | 0.01% |
251,698
+4,135
| +2% | +$427K |
|
|
MDP
1694
DELISTED
Meredith Corporation
MDP
| $26.3M | 0.01% |
2,005,931
-214,068
| -10% | -$2.99M |
|
1695
Weibo
WB
$2.01B
| $26.3M | 0.01% |
723,728
+42,172
| +6% | +$1.49M |
|
1696
Green Brick Partners
GRBK
$3.09B
| $26.3M | 0.01% |
1,633,036
-11,280
| -0.7% | -$166K |
|
1697
PBF Energy
PBF
$7.97B
| $26.3M | 0.01% |
4,614,882
-2,354,289
| -34% | -$19.5M |
|
1698
HCI Group
HCI
$2.28B
| $26.2M | 0.01% |
531,139
-69,229
| -12% | -$3.51M |
|
|
MIK
1699
DELISTED
Michaels Stores, Inc
MIK
| $26.1M | 0.01% |
2,708,453
-23,180
| -0.8% | -$201K |
|
1700
Sarepta Therapeutics
SRPT
$1.66B
| $26.1M | 0.01% |
186,136
+3,608
| +2% | +$548K |
|
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.