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 | |
|---|---|---|---|---|---|---|
|
BFX
1726
DELISTED
BowFlex Inc.
BFX
| $31.3M | 0.01% |
1,722,888
-31,580
| -2% | -$657K |
|
1727
OraSure Technologies
OSUR
$273M
| $31.2M | 0.01% |
2,950,942
-133,104
| -4% | -$1.75M |
|
1728
Resources Connection
RGP
$140M
| $31.1M | 0.01% |
2,477,959
-59,831
| -2% | -$718K |
|
|
ABTX
1729
DELISTED
Allegiance Bancshares
ABTX
| $31.1M | 0.01% |
909,806
+12,483
| +1% | +$379K |
|
|
PRA
1730
DELISTED
ProAssurance
PRA
| $31M | 0.01% |
1,740,310
-41,189
| -2% | -$671K |
|
|
PENG
1731
Penguin Solutions Inc
PENG
$2.24B
| $31M | 0.01% |
1,645,588
-30,032
| -2% | -$449K |
|
1732
AXT Inc
AXTI
$2.42B
| $30.9M | 0.01% |
3,228,665
-49,705
| -2% | -$399K |
|
|
ORBC
1733
DELISTED
ORBCOMM, Inc.
ORBC
| $30.9M | 0.01% |
4,162,429
-17,942
| -0.4% | -$96.8K |
|
1734
PJT Partners
PJT
$4.26B
| $30.9M | 0.01% |
410,112
-5,852
| -1% | -$412K |
|
1735
Virtu Financial
VIRT
$5.04B
| $30.8M | 0.01% |
1,225,233
+70,293
| +6% | +$1.63M |
|
|
SPR
1736
DELISTED
Spirit AeroSystems
SPR
| $30.8M | 0.01% |
788,796
-8,676
| -1% | -$249K |
|
1737
Artivion
AORT
$1.34B
| $30.8M | 0.01% |
1,305,311
-69,294
| -5% | -$1.4M |
|
1738
Hooker Furnishings Corp
HOFT
$147M
| $30.8M | 0.01% |
955,012
-23,599
| -2% | -$716K |
|
|
MNR
1739
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $30.8M | 0.01% |
1,776,258
+96,697
| +6% | +$1.46M |
|
|
COUP
1740
DELISTED
Coupa Software Incorporated
COUP
| $30.8M | 0.01% |
90,748
-1,740
| -2% | -$538K |
|
1741
HealthStream
HSTM
$863M
| $30.7M | 0.01% |
1,406,466
-17,640
| -1% | -$354K |
|
1742
Bath & Body Works
BBWI
$3.97B
| $30.7M | 0.01% |
1,021,019
+215,616
| +27% | +$6.26M |
|
1743
LeMaitre Vascular
LMAT
$2.37B
| $30.6M | 0.01% |
756,414
-83,246
| -10% | -$2.98M |
|
1744
Bread Financial
BFH
$4.32B
| $30.6M | 0.01% |
517,331
+53,815
| +12% | +$2.7M |
|
1745
Alnylam Pharmaceuticals
ALNY
$38.3B
| $30.5M | 0.01% |
235,001
-3,020
| -1% | -$403K |
|
|
ECOL
1746
DELISTED
US Ecology, Inc.
ECOL
| $30.5M | 0.01% |
840,081
-7,110
| -0.8% | -$246K |
|
1747
Republic Bancorp
RBCAA
$1.96B
| $30.4M | 0.01% |
843,912
-16,016
| -2% | -$559K |
|
|
RPAI
1748
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $30.4M | 0.01% |
3,553,898
-22,252
| -0.6% | -$162K |
|
1749
Central Garden & Pet Co
CENT
$2.76B
| $30.4M | 0.01% |
982,945
-2,889
| -0.3% | -$92.4K |
|
|
ILPT
1750
Industrial Logistics Properties Trust
ILPT
$582M
| $30.3M | 0.01% |
1,298,860
+93,187
| +8% | +$2.04M |
|
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.