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 | |
|---|---|---|---|---|---|---|
1726
PJT Partners
PJT
$4.36B
| $25.2M | 0.01% |
415,964
+374
| +0.1% | +$21K |
|
1727
Liberty Broadband Class A
LBRDA
$4.86B
| $25.2M | 0.01% |
177,752
+2,265
| +1% | +$307K |
|
|
CXP
1728
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $25.2M | 0.01% |
2,309,423
+413,735
| +22% | +$4.93M |
|
1729
TripAdvisor
TRIP
$1.69B
| $25.2M | 0.01% |
1,286,004
-275,256
| -18% | -$5.78M |
|
1730
Bank of N.T. Butterfield & Son
NTB
$2.46B
| $25.2M | 0.01% |
1,129,875
+26,055
| +2% | +$653K |
|
|
GBT
1731
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $25.1M | 0.01% |
455,437
-9,491
| -2% | -$603K |
|
1732
Donegal Group Class A
DGICA
$732M
| $25M | 0.01% |
1,774,631
-12,756
| -0.7% | -$182K |
|
|
UNIT
1733
Uniti Group
UNIT
$2.34B
| $24.9M | 0.01% |
2,365,827
-31,067
| -1% | -$301K |
|
|
KNL
1734
DELISTED
Knoll, Inc.
KNL
| $24.9M | 0.01% |
2,065,244
-54,043
| -3% | -$668K |
|
1735
Titan Machinery
TITN
$423M
| $24.8M | 0.01% |
1,871,990
-5,327
| -0.3% | -$64.7K |
|
1736
SiriusXM
SIRI
$10.2B
| $24.7M | 0.01% |
460,903
-24,900
| -5% | -$1.43M |
|
|
FFIC
1737
DELISTED
Flushing Financial
FFIC
| $24.7M | 0.01% |
2,344,923
-14,184
| -0.6% | -$161K |
|
1738
Innoviva
INVA
$1.53B
| $24.6M | 0.01% |
2,357,767
+20,846
| +0.9% | +$265K |
|
|
ATCO
1739
DELISTED
Atlas Corp.
ATCO
| $24.5M | 0.01% |
2,742,788
-28,000
| -1% | -$227K |
|
1740
CRA International
CRAI
$1.16B
| $24.4M | 0.01% |
652,481
-1,159
| -0.2% | -$48K |
|
1741
Motorcar Parts of America
MPAA
$257M
| $24.4M | 0.01% |
1,569,656
-4,513
| -0.3% | -$77.3K |
|
1742
Superior Group of Companies
SGC
$202M
| $24.4M | 0.01% |
1,050,906
-26,327
| -2% | -$514K |
|
1743
Idacorp
IDA
$8.32B
| $24.3M | 0.01% |
304,379
+19,886
| +7% | +$1.75M |
|
1744
Hamilton Lane
HLNE
$5.24B
| $24.2M | 0.01% |
375,407
+4,157
| +1% | +$284K |
|
1745
Vishay Precision Group
VPG
$1.22B
| $24.2M | 0.01% |
956,881
+4,030
| +0.4% | +$99.9K |
|
1746
Republic Bancorp
RBCAA
$1.95B
| $24.2M | 0.01% |
859,928
+3,533
| +0.4% | +$109K |
|
1747
RadNet
RDNT
$5.25B
| $24.2M | 0.01% |
1,577,701
-38,302
| -2% | -$603K |
|
|
KE
1748
Kimball Electronics
KE
$619M
| $24.1M | 0.01% |
2,088,240
+5,567
| +0.3% | +$73K |
|
|
TPIC
1749
DELISTED
TPI Composites
TPIC
| $24.1M | 0.01% |
833,645
-18,158
| -2% | -$510K |
|
1750
Camden National
CAC
$1B
| $23.9M | 0.01% |
791,137
-23,231
| -3% | -$752K |
|
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.