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 | |
|---|---|---|---|---|---|---|
1801
DMC Global
BOOM
$111M
| $28.2M | 0.01% |
652,255
-34,794
| -5% | -$1.37M |
|
|
SP
1802
DELISTED
SP Plus Corporation
SP
| $28.1M | 0.01% |
973,930
-143,165
| -13% | -$3.52M |
|
1803
HEICO Corp
HEI
$49.6B
| $28.1M | 0.01% |
211,895
-39,803
| -16% | -$4.86M |
|
1804
Forrester Research
FORR
$199M
| $28M | 0.01% |
668,883
-33,067
| -5% | -$1.32M |
|
1805
MacroGenics
MGNX
$233M
| $28M | 0.01% |
1,224,848
-135,937
| -10% | -$3.13M |
|
|
ENLC
1806
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $27.9M | 0.01% |
7,516,702
+875,090
| +13% | +$2.87M |
|
1807
QCR Holdings
QCRH
$1.68B
| $27.8M | 0.01% |
703,101
+2,434
| +0.3% | +$85K |
|
1808
Viasat
VSAT
$9.67B
| $27.7M | 0.01% |
847,266
+71,276
| +9% | +$2.45M |
|
1809
Interface
TILE
$1.95B
| $27.6M | 0.01% |
2,628,830
-111,886
| -4% | -$895K |
|
1810
CarGurus
CARG
$3.34B
| $27.6M | 0.01% |
868,999
-17,030
| -2% | -$421K |
|
1811
Banco Bilbao Vizcaya Argentaria
BBVA
$142B
| $27.6M | 0.01% |
5,581,587
+1,059,615
| +23% | +$4.07M |
|
|
TSC
1812
DELISTED
TriState Capital Holdings, Inc.
TSC
| $27.6M | 0.01% |
1,584,019
-13,023
| -0.8% | -$196K |
|
|
VRTV
1813
DELISTED
VERITIV CORPORATION
VRTV
| $27.5M | 0.01% |
1,324,488
-3,712
| -0.3% | -$66.7K |
|
|
CHNG
1814
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $27.4M | 0.01% |
1,470,569
-1,213,624
| -45% | -$19.9M |
|
|
P
1815
Everpure Inc
P
$23B
| $27.4M | 0.01% |
1,211,043
+66,048
| +6% | +$1.27M |
|
1816
Sierra Bancorp
BSRR
$532M
| $27.3M | 0.01% |
1,143,120
+18
| +0% | +$386 |
|
1817
Regional Management Corp
RM
$390M
| $27.3M | 0.01% |
915,589
-9,681
| -1% | -$240K |
|
1818
Southern Copper
SCCO
$138B
| $27.2M | 0.01% |
450,288
+7,516
| +2% | +$387K |
|
|
AAN
1819
DELISTED
The Aaron's Company Inc
AAN
| $27.1M | 0.01% |
+1,428,739
| New | +$26.3M |
|
1820
Pembina Pipeline
PBA
$29.3B
| $27M | 0.01% |
1,142,763
+250,336
| +28% | +$5.88M |
|
1821
Winmark
WINA
$1.2B
| $27M | 0.01% |
145,199
-10,015
| -6% | -$1.78M |
|
1822
Dave & Buster's
PLAY
$357M
| $27M | 0.01% |
898,496
-57,630
| -6% | -$1.28M |
|
|
ROIC
1823
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $27M | 0.01% |
2,013,654
-32,948
| -2% | -$403K |
|
1824
Atlassian
TEAM
$26.5B
| $26.8M | 0.01% |
114,679
+9,460
| +9% | +$2M |
|
|
DENN
1825
DELISTED
Denny's
DENN
| $26.6M | 0.01% |
1,811,412
-67,515
| -4% | -$773K |
|
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.