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 | |
|---|---|---|---|---|---|---|
|
VRE
1776
DELISTED
Veris Residential
VRE
| $22.7M | 0.01% |
1,796,038
+324,865
| +22% | +$4.44M |
|
1777
Universal Insurance Holdings
UVE
$1.22B
| $22.7M | 0.01% |
1,637,094
-79,069
| -5% | -$1.4M |
|
1778
DMC Global
BOOM
$149M
| $22.6M | 0.01% |
687,049
-7,408
| -1% | -$234K |
|
1779
Citi Trends
CTRN
$583M
| $22.6M | 0.01% |
905,677
-8,570
| -0.9% | -$171K |
|
|
LTHM
1780
DELISTED
Livent Corporation
LTHM
| $22.6M | 0.01% |
2,516,588
-36,537
| -1% | -$275K |
|
1781
Washington Trust Bancorp
WASH
$757M
| $22.6M | 0.01% |
735,630
+6,797
| +0.9% | +$224K |
|
1782
IES Holdings
IESC
$14.2B
| $22.5M | 0.01% |
709,678
-16,460
| -2% | -$451K |
|
|
IMMU
1783
DELISTED
Immunomedics Inc
IMMU
| $22.5M | 0.01% |
264,808
+67,066
| +34% | +$3.39M |
|
1784
Cass Information Systems
CASS
$724M
| $22.5M | 0.01% |
559,560
+13,105
| +2% | +$500K |
|
1785
Global Net Lease
GNL
$1.83B
| $22.5M | 0.01% |
1,412,297
-10,074
| -0.7% | -$170K |
|
1786
Nice
NICE
$5.89B
| $22.5M | 0.01% |
98,905
-820
| -0.8% | -$174K |
|
1787
Digital Turbine
APPS
$1.06B
| $22.4M | 0.01% |
682,818
-8,760
| -1% | -$189K |
|
1788
Lifecore Biomedical
LFCR
$168M
| $22.3M | 0.01% |
2,297,221
-44,162
| -2% | -$421K |
|
1789
Insteel Industries
IIIN
$602M
| $22.3M | 0.01% |
1,193,666
-8,002
| -0.7% | -$151K |
|
1790
Seneca Foods Class A
SENEA
$1.15B
| $22.3M | 0.01% |
623,586
-3,673
| -0.6% | -$148K |
|
|
VRS
1791
DELISTED
Verso Corporation
VRS
| $22.3M | 0.01% |
2,823,627
-126,259
| -4% | -$1.54M |
|
1792
Mercantile Bank Corp
MBWM
$1.05B
| $22.3M | 0.01% |
1,235,195
+3
| +0% | +$63 |
|
1793
Sally Beauty Holdings
SBH
$1.54B
| $22.2M | 0.01% |
2,560,071
-156,727
| -6% | -$1.89M |
|
1794
Cinemark Holdings
CNK
$4.39B
| $22.2M | 0.01% |
2,220,362
-32,028
| -1% | -$399K |
|
1795
Travere Therapeutics
TVTX
$5.01B
| $22.2M | 0.01% |
1,200,266
-20,414
| -2% | -$397K |
|
1796
Orthofix Medical
OFIX
$496M
| $22.1M | 0.01% |
710,388
+701
| +0.1% | +$21.7K |
|
|
COWN
1797
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $22.1M | 0.01% |
1,357,518
-12,141
| -0.9% | -$207K |
|
1798
Genesco
GCO
$432M
| $22.1M | 0.01% |
1,024,437
-158,164
| -13% | -$3.1M |
|
1799
Powell Industries
POWL
$7.9B
| $21.9M | 0.01% |
2,726,025
-19,020
| -0.7% | -$169K |
|
1800
Covenant Logistics
CVLG
$890M
| $21.9M | 0.01% |
2,499,184
-4,608
| -0.2% | -$40K |
|
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.