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 | |
|---|---|---|---|---|---|---|
|
ARNC
1701
DELISTED
Arconic Corporation
ARNC
| $26.1M | 0.01% |
1,371,564
-41,731
| -3% | -$799K |
|
1702
CareTrust REIT
CTRE
$9.74B
| $26.1M | 0.01% |
1,464,755
-5,996
| -0.4% | -$109K |
|
|
MIME
1703
DELISTED
Mimecast Limited
MIME
| $26M | 0.01% |
554,376
+10,026
| +2% | +$455K |
|
|
TARO
1704
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $26M | 0.01% |
474,162
+13,275
| +3% | +$826K |
|
|
WCN
1705
Waste Connections
WCN
$42.3B
| $26M | 0.01% |
250,267
-19,890
| -7% | -$1.99M |
|
|
PGRE
1706
DELISTED
Paramount Group
PGRE
| $25.8M | 0.01% |
3,648,764
+532,470
| +17% | +$3.88M |
|
1707
Hyatt Hotels
H
$16.2B
| $25.8M | 0.01% |
483,469
+11,727
| +2% | +$629K |
|
1708
Dell
DELL
$277B
| $25.7M | 0.01% |
749,223
+24,911
| +3% | +$777K |
|
1709
International Seaways
INSW
$4.71B
| $25.7M | 0.01% |
1,758,242
+1,407
| +0.1% | +$23.5K |
|
|
OSG
1710
Octave Specialty Group
OSG
$255M
| $25.6M | 0.01% |
2,006,849
-54,682
| -3% | -$704K |
|
1711
Modine Manufacturing
MOD
$10.4B
| $25.6M | 0.01% |
4,094,910
-41,755
| -1% | -$253K |
|
|
GRA
1712
DELISTED
W.R. Grace & Co.
GRA
| $25.6M | 0.01% |
635,211
-52,854
| -8% | -$2.41M |
|
1713
United Parks & Resorts
PRKS
$2.15B
| $25.6M | 0.01% |
1,297,615
-77,633
| -6% | -$1.42M |
|
|
ELME
1714
Elme Communities
ELME
$146M
| $25.6M | 0.01% |
1,271,211
-13,692
| -1% | -$299K |
|
1715
Alpha and Omega Semiconductor
AOSL
$942M
| $25.5M | 0.01% |
1,991,052
-526
| -0% | -$6.34K |
|
1716
PDF Solutions
PDFS
$2.01B
| $25.5M | 0.01% |
1,363,886
-69,239
| -5% | -$1.43M |
|
1717
TotalEnergies
TTE
$194B
| $25.5M | 0.01% |
743,665
+55,471
| +8% | +$2.11M |
|
1718
Artivion
AORT
$1.33B
| $25.4M | 0.01% |
1,374,605
-51,685
| -4% | -$988K |
|
|
COUP
1719
DELISTED
Coupa Software Incorporated
COUP
| $25.4M | 0.01% |
92,488
+473
| +0.5% | +$138K |
|
1720
Veeco
VECO
$3.11B
| $25.3M | 0.01% |
2,171,402
-166,095
| -7% | -$2.12M |
|
|
DAY
1721
DELISTED
Dayforce
DAY
| $25.3M | 0.01% |
306,596
+41,141
| +15% | +$3.22M |
|
1722
Essential Properties Realty Trust
EPRT
$6.74B
| $25.3M | 0.01% |
1,382,199
+103,969
| +8% | +$1.76M |
|
1723
Hooker Furnishings Corp
HOFT
$160M
| $25.3M | 0.01% |
978,611
-18,818
| -2% | -$442K |
|
1724
Fomento Económico Mexicano
FMX
$42.8B
| $25.2M | 0.01% |
449,457
-7,819
| -2% | -$456K |
|
1725
Commault Systems
CVLT
$5.18B
| $25.2M | 0.01% |
618,661
+7,098
| +1% | +$292K |
|
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.