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 |
AbbVie
ABBV
|
+$214M |
| 2 |
Verizon
VZ
|
+$148M |
| 3 |
Otis Worldwide
OTIS
|
+$142M |
| 4 |
Baidu
BIDU
|
+$124M |
| 5 |
Alibaba
BABA
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$324M |
| 2 |
Amazon
AMZN
|
+$313M |
| 3 |
Bank of America
BAC
|
+$264M |
| 4 |
AGN
Allergan plc
AGN
|
+$259M |
| 5 |
Wells Fargo
WFC
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.39% |
| 2 | Financials | 16.29% |
| 3 | Industrials | 12.76% |
| 4 | Healthcare | 11.61% |
| 5 | Consumer Discretionary | 11.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1726
Deluxe
DLX
$1.19B
| $25.6M | 0.01% |
1,088,962
-114,021
| -9% | -$2.86M |
|
|
TGH
1727
DELISTED
Textainer Group Holdings limited
TGH
| $25.6M | 0.01% |
3,131,896
+986,149
| +46% | +$8.07M |
|
1728
Genesco
GCO
$429M
| $25.6M | 0.01% |
1,182,601
-43,213
| -4% | -$797K |
|
1729
Strategy Inc
MSTR
$35.7B
| $25.5M | 0.01% |
2,158,450
-91,110
| -4% | -$1.11M |
|
1730
Howard Hughes
HHH
$3.87B
| $25.5M | 0.01% |
515,276
-24,618
| -5% | -$1.24M |
|
|
TSC
1731
DELISTED
TriState Capital Holdings, Inc.
TSC
| $25.5M | 0.01% |
1,622,604
-41,569
| -2% | -$565K |
|
|
COUP
1732
DELISTED
Coupa Software Incorporated
COUP
| $25.5M | 0.01% |
92,015
+454
| +0.5% | +$91.4K |
|
1733
Chunghwa Telecom
CHT
$33.1B
| $25.5M | 0.01% |
647,502
-102,239
| -14% | -$3.78M |
|
1734
Donegal Group Class A
DGICA
$732M
| $25.4M | 0.01% |
1,787,387
-9,347
| -0.5% | -$133K |
|
|
WCN
1735
Waste Connections
WCN
$41.9B
| $25.3M | 0.01% |
270,157
+2,894
| +1% | +$258K |
|
1736
RLJ Lodging Trust
RLJ
$1.87B
| $25.3M | 0.01% |
2,681,562
-23,684
| -0.9% | -$221K |
|
1737
CareTrust REIT
CTRE
$9.84B
| $25.2M | 0.01% |
1,470,751
+14,598
| +1% | +$255K |
|
|
NVEE
1738
DELISTED
NV5 Global
NVEE
| $25.1M | 0.01% |
1,976,472
-47,220
| -2% | -$531K |
|
1739
Global Industrial
GIC
$1.35B
| $25.1M | 0.01% |
1,221,480
-6,682
| -0.5% | -$130K |
|
1740
Powell Industries
POWL
$7.63B
| $25.1M | 0.01% |
2,745,045
-24,759
| -0.9% | -$210K |
|
1741
Universal Display
OLED
$3.76B
| $25.1M | 0.01% |
167,495
+10,572
| +7% | +$1.55M |
|
1742
Hamilton Lane
HLNE
$4.91B
| $25M | 0.01% |
371,250
-1,921
| -0.5% | -$121K |
|
1743
Travere Therapeutics
TVTX
$5.33B
| $24.9M | 0.01% |
1,220,680
+24,155
| +2% | +$385K |
|
|
CXP
1744
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $24.9M | 0.01% |
1,895,688
+9,932
| +0.5% | +$131K |
|
1745
Idacorp
IDA
$7.86B
| $24.9M | 0.01% |
284,493
-1,939
| -0.7% | -$175K |
|
1746
Financial Institutions
FISI
$812M
| $24.9M | 0.01% |
1,335,522
-9,861
| -0.7% | -$172K |
|
1747
First Community Bankshares
FCBC
$899M
| $24.8M | 0.01% |
1,106,863
+10,342
| +0.9% | +$224K |
|
1748
Rush Enterprises Class B
RUSHB
$6.07B
| $24.8M | 0.01% |
1,565,215
+3,299
| +0.2% | +$48.8K |
|
1749
Energizer
ENR
$1.44B
| $24.8M | 0.01% |
522,088
+89,496
| +21% | +$3.66M |
|
|
MRC
1750
DELISTED
MRC Global
MRC
| $24.8M | 0.01% |
4,193,440
-281,459
| -6% | -$1.46M |
|
Similar funds
Dimensional Fund Advisors's Q2 2020 Portfolio in Review
As of Q2 2020, Dimensional Fund Advisors held 3,428 positions worth $228B, up 19% from $192B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q2 2020: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 54 new positions and exited 89, leaving the 3,428-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q2 2020 buy was Otis Worldwide: 2,746,401 shares worth $156M.
- Dimensional Fund Advisors added most to AbbVie in Q2 2020, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q2 2020 reduction was Apple, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited Allergan plc in Q2 2020, selling an estimated $259M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $228B portfolio in Q2 2020.
- Dimensional Fund Advisors opened 54 new positions and closed 89 in Q2 2020.
- Dimensional Fund Advisors's portfolio value rose 19% quarter-over-quarter to $228B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2020, filed 13 Aug 2020.