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 | |
|---|---|---|---|---|---|---|
1826
Guardant Health
GH
$21.5B
| $20.8M | 0.01% |
186,380
+15,419
| +9% | +$1.41M |
|
1827
Agilysys
AGYS
$3.09B
| $20.8M | 0.01% |
861,896
-98,491
| -10% | -$2.19M |
|
|
RPAI
1828
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $20.8M | 0.01% |
3,576,150
+218,755
| +7% | +$1.41M |
|
|
TACO
1829
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $20.7M | 0.01% |
2,524,708
-72,471
| -3% | -$563K |
|
1830
Bath & Body Works
BBWI
$4.12B
| $20.7M | 0.01% |
805,403
-1,516,594
| -65% | -$31M |
|
1831
Ichor Holdings
ICHR
$2.82B
| $20.7M | 0.01% |
958,913
-122,558
| -11% | -$3.26M |
|
1832
Yeti Holdings
YETI
$3.79B
| $20.6M | 0.01% |
454,807
+50,554
| +13% | +$2.4M |
|
1833
Teva Pharmaceuticals
TEVA
$39.5B
| $20.6M | 0.01% |
2,285,419
-239,358
| -9% | -$2.53M |
|
|
HSKA
1834
DELISTED
Heska Corp
HSKA
| $20.6M | 0.01% |
208,284
-9,787
| -4% | -$967K |
|
1835
American Airlines Group
AAL
$10.6B
| $20.5M | 0.01% |
1,669,782
+84,341
| +5% | +$1.06M |
|
1836
Zoom
ZM
$28.8B
| $20.5M | 0.01% |
43,616
+6,790
| +18% | +$2.17M |
|
1837
BlackBerry
BB
$5.01B
| $20.5M | 0.01% |
4,461,140
-575,439
| -11% | -$2.79M |
|
1838
Sterling Infrastructure
STRL
$18.6B
| $20.4M | 0.01% |
1,439,816
-5,801
| -0.4% | -$72.9K |
|
1839
Zscaler
ZS
$25B
| $20.4M | 0.01% |
144,874
+2,975
| +2% | +$386K |
|
1840
First Financial Corp
THFF
$983M
| $20.4M | 0.01% |
648,610
-677
| -0.1% | -$22.9K |
|
1841
Chefs' Warehouse
CHEF
$4.6B
| $20.3M | 0.01% |
1,398,129
-16,813
| -1% | -$239K |
|
|
INFO
1842
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $20.2M | 0.01% |
257,772
+79,575
| +45% | +$6.34M |
|
1843
Horizon Bancorp
HBNC
$1.07B
| $20.2M | 0.01% |
2,003,897
+14,558
| +0.7% | +$151K |
|
1844
Intellia Therapeutics
NTLA
$1.49B
| $20.2M | 0.01% |
1,016,332
-52,194
| -5% | -$1.09M |
|
1845
Financial Institutions
FISI
$835M
| $20.2M | 0.01% |
1,311,658
-23,864
| -2% | -$392K |
|
|
CLR
1846
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $20.2M | 0.01% |
1,643,967
+397,409
| +32% | +$6.46M |
|
1847
Village Super Market
VLGEA
$647M
| $20.2M | 0.01% |
818,881
+3,113
| +0.4% | +$79.8K |
|
1848
FRP Holdings
FRPH
$437M
| $20.1M | 0.01% |
966,642
-6,098
| -0.6% | -$125K |
|
|
SVC
1849
Service Properties Trust
SVC
$1.03B
| $20.1M | 0.01% |
504,822
-17,916
| -3% | -$682K |
|
1850
AXT Inc
AXTI
$4.54B
| $20.1M | 0.01% |
3,278,370
-6,287
| -0.2% | -$32K |
|
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.