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 | |
|---|---|---|---|---|---|---|
|
SJI
1701
DELISTED
South Jersey Industries, Inc.
SJI
| $32.7M | 0.01% |
1,515,680
-58,267
| -4% | -$1.26M |
|
|
BRSL
1702
Brightstar Lottery PLC
BRSL
$1.9B
| $32.6M | 0.01% |
1,926,241
-15,835
| -0.8% | -$193K |
|
1703
National Grid
NGG
$79.3B
| $32.5M | 0.01% |
623,148
+23,539
| +4% | +$1.25M |
|
1704
Travere Therapeutics
TVTX
$5.17B
| $32.5M | 0.01% |
1,191,712
-8,554
| -0.7% | -$200K |
|
1705
Washington Trust Bancorp
WASH
$748M
| $32.4M | 0.01% |
722,345
-13,285
| -2% | -$513K |
|
1706
IES Holdings
IESC
$9.89B
| $32.2M | 0.01% |
700,081
-9,597
| -1% | -$375K |
|
|
CIVI
1707
DELISTED
Civitas Resources
CIVI
| $32.2M | 0.01% |
1,664,448
-62,631
| -4% | -$1.32M |
|
1708
MGP Ingredients
MGPI
$404M
| $32.1M | 0.01% |
682,848
-26,236
| -4% | -$1.13M |
|
1709
Insulet
PODD
$11.8B
| $32.1M | 0.01% |
125,438
-34,796
| -22% | -$8.63M |
|
|
SPLK
1710
DELISTED
Splunk Inc
SPLK
| $32M | 0.01% |
188,423
+4,152
| +2% | +$794K |
|
1711
Horizon Bancorp
HBNC
$1.06B
| $32M | 0.01% |
2,017,905
+14,008
| +0.7% | +$192K |
|
1712
PBF Energy
PBF
$7.49B
| $32M | 0.01% |
4,501,802
-113,080
| -2% | -$737K |
|
1713
Prudential
PUK
$36.4B
| $31.9M | 0.01% |
891,437
+44,227
| +5% | +$1.36M |
|
1714
Spotify
SPOT
$108B
| $31.9M | 0.01% |
101,455
-9,003
| -8% | -$2.54M |
|
1715
Four Corners Property Trust
FCPT
$2.89B
| $31.9M | 0.01% |
1,070,140
-8,898
| -0.8% | -$249K |
|
1716
American Public Education
APEI
$940M
| $31.8M | 0.01% |
1,044,805
-12,748
| -1% | -$392K |
|
1717
Oceaneering
OII
$4.64B
| $31.8M | 0.01% |
4,003,904
-310,479
| -7% | -$1.81M |
|
|
CCF
1718
DELISTED
Chase Corporation
CCF
| $31.8M | 0.01% |
314,642
-9,902
| -3% | -$1.04M |
|
1719
OGE Energy
OGE
$9.87B
| $31.7M | 0.01% |
995,458
+15,508
| +2% | +$501K |
|
1720
Tencent Music
TME
$15.9B
| $31.6M | 0.01% |
1,644,622
+1,523,865
| +1,262% | +$24.8M |
|
1721
CEVA Inc
CEVA
$831M
| $31.6M | 0.01% |
694,781
-27,835
| -4% | -$1.14M |
|
1722
CareTrust REIT
CTRE
$10B
| $31.6M | 0.01% |
1,425,140
-39,615
| -3% | -$780K |
|
1723
Hawkins
HWKN
$2.9B
| $31.5M | 0.01% |
1,205,586
-15,562
| -1% | -$396K |
|
1724
Agilysys
AGYS
$3.21B
| $31.4M | 0.01% |
819,412
-42,484
| -5% | -$1.41M |
|
1725
Regenxbio
RGNX
$616M
| $31.4M | 0.01% |
691,444
+6,198
| +0.9% | +$217K |
|
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.