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 | |
|---|---|---|---|---|---|---|
1751
MGIC Investment
MTG
$6.27B
| $23.9M | 0.01% |
2,697,684
-158,660
| -6% | -$1.35M |
|
|
INFN
1752
DELISTED
Infinera Corporation Common Stock
INFN
| $23.9M | 0.01% |
3,872,965
-1,640,461
| -30% | -$11.5M |
|
1753
Caleres
CAL
$470M
| $23.9M | 0.01% |
2,495,436
-599,791
| -19% | -$4.82M |
|
1754
Madrigal Pharmaceuticals
MDGL
$11.1B
| $23.7M | 0.01% |
199,764
+744
| +0.4% | +$80.8K |
|
1755
APA Corp
APA
$13B
| $23.6M | 0.01% |
2,491,784
-1,164,786
| -32% | -$16M |
|
1756
RingCentral
RNG
$4.81B
| $23.6M | 0.01% |
85,912
-6,716
| -7% | -$1.87M |
|
1757
Manitowoc
MTW
$514M
| $23.5M | 0.01% |
2,799,532
-21,787
| -0.8% | -$217K |
|
1758
Prudential
PUK
$37.4B
| $23.5M | 0.01% |
847,210
+23,471
| +3% | +$702K |
|
|
CHX
1759
DELISTED
ChampionX
CHX
| $23.5M | 0.01% |
2,938,947
+48,960
| +2% | +$472K |
|
1760
Caesars Entertainment
CZR
$6.06B
| $23.4M | 0.01% |
418,459
-194,525
| -32% | -$8.55M |
|
1761
Neurocrine Biosciences
NBIX
$16.7B
| $23.3M | 0.01% |
242,569
+65,787
| +37% | +$7.61M |
|
|
MNR
1762
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $23.3M | 0.01% |
1,679,561
+249,682
| +17% | +$3.56M |
|
|
VMW
1763
DELISTED
VMware, Inc
VMW
| $23.2M | 0.01% |
161,164
+1,459
| +0.9% | +$207K |
|
1764
National Presto Industries
NPK
$967M
| $23.1M | 0.01% |
282,032
+942
| +0.3% | +$82.3K |
|
1765
Forrester Research
FORR
$221M
| $23M | 0.01% |
701,950
-21,157
| -3% | -$724K |
|
1766
Chegg
CHGG
$114M
| $23M | 0.01% |
321,563
-42,531
| -12% | -$3.13M |
|
1767
Helix Energy Solutions
HLX
$1.36B
| $23M | 0.01% |
9,527,253
-638,065
| -6% | -$2.33M |
|
|
PENG
1768
Penguin Solutions Inc
PENG
$2.7B
| $22.9M | 0.01% |
1,675,620
+1,072
| +0.1% | +$14.3K |
|
1769
RLJ Lodging Trust
RLJ
$1.87B
| $22.9M | 0.01% |
2,644,666
-36,896
| -1% | -$331K |
|
1770
Pinduoduo
PDD
$128B
| $22.9M | 0.01% |
308,561
+74,981
| +32% | +$6.43M |
|
1771
United States Lime & Minerals
USLM
$3.21B
| $22.8M | 0.01% |
1,266,430
-9,145
| -0.7% | -$166K |
|
|
KYNB
1772
Kyntra Bio
KYNB
$27.4M
| $22.8M | 0.01% |
22,179
-804
| -3% | -$865K |
|
|
CONN
1773
DELISTED
Conn's Inc.
CONN
| $22.8M | 0.01% |
2,153,442
-111,895
| -5% | -$1.21M |
|
|
BZUN
1774
Baozun
BZUN
$175M
| $22.8M | 0.01% |
701,021
-11,653
| -2% | -$463K |
|
1775
PetMed Express
PETS
$42.3M
| $22.7M | 0.01% |
718,162
-92,116
| -11% | -$3.05M |
|
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.