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 | |
|---|---|---|---|---|---|---|
1826
Powell Industries
POWL
$7.63B
| $26.6M | 0.01% |
2,701,011
-25,014
| -0.9% | -$223K |
|
1827
Sociedad Química y Minera de Chile
SQM
$19.5B
| $26.5M | 0.01% |
540,243
-21,056
| -4% | -$887K |
|
|
ELME
1828
Elme Communities
ELME
$144M
| $26.5M | 0.01% |
1,223,745
-47,466
| -4% | -$1.02M |
|
1829
SITE Centers
SITC
$227M
| $26.4M | 0.01% |
3,339,119
+25,412
| +0.8% | +$177K |
|
1830
UNIFI
UFI
$114M
| $26.3M | 0.01% |
1,484,567
-5,632
| -0.4% | -$87.1K |
|
1831
Donnelley Financial Solutions
DFIN
$1.17B
| $26.3M | 0.01% |
1,551,270
-73,974
| -5% | -$1.14M |
|
|
MNDT
1832
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $26.3M | 0.01% |
1,141,033
-24,061
| -2% | -$371K |
|
|
LL
1833
DELISTED
LL Flooring Holdings, Inc.
LL
| $26.3M | 0.01% |
854,496
+8,491
| +1% | +$236K |
|
|
FPRX
1834
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $26.3M | 0.01% |
1,543,780
-38,790
| -2% | -$486K |
|
|
WW
1835
DELISTED
WW International
WW
| $26.2M | 0.01% |
1,072,747
+44,599
| +4% | +$1.16M |
|
1836
VSE Corp
VSEC
$5.37B
| $26.2M | 0.01% |
679,622
-2,635
| -0.4% | -$90K |
|
|
XHR
1837
Xenia Hotels & Resorts
XHR
$1.85B
| $26.1M | 0.01% |
1,718,306
-54,604
| -3% | -$655K |
|
1838
CNA Financial
CNA
$14.4B
| $26M | 0.01% |
668,011
+56,202
| +9% | +$1.91M |
|
1839
Diamondrock Hospitality Co
DRH
$2.64B
| $25.9M | 0.01% |
3,145,444
-113,409
| -3% | -$759K |
|
1840
Insteel Industries
IIIN
$593M
| $25.9M | 0.01% |
1,162,496
-31,170
| -3% | -$706K |
|
1841
PDF Solutions
PDFS
$1.93B
| $25.8M | 0.01% |
1,196,674
-167,212
| -12% | -$3.51M |
|
|
CLR
1842
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $25.8M | 0.01% |
1,584,497
-59,470
| -4% | -$889K |
|
|
AVLR
1843
DELISTED
Avalara, Inc.
AVLR
| $25.8M | 0.01% |
156,548
+299
| +0.2% | +$47.8K |
|
1844
H&R Block
HRB
$5.61B
| $25.8M | 0.01% |
1,626,989
-4,034
| -0.2% | -$69.7K |
|
1845
Hanmi Financial
HAFC
$940M
| $25.7M | 0.01% |
2,269,342
-89,625
| -4% | -$897K |
|
1846
Distribution Solutions Group
DSGR
$1.6B
| $25.7M | 0.01% |
1,008,880
-32,704
| -3% | -$778K |
|
1847
Arlo Technologies
ARLO
$1.57B
| $25.7M | 0.01% |
3,293,729
+20,239
| +0.6% | +$123K |
|
1848
HCI Group
HCI
$2.32B
| $25.5M | 0.01% |
487,130
-44,009
| -8% | -$2.22M |
|
|
CONN
1849
DELISTED
Conn's Inc.
CONN
| $25.4M | 0.01% |
2,176,690
+23,248
| +1% | +$265K |
|
1850
Guardant Health
GH
$20.2B
| $25.4M | 0.01% |
197,399
+11,019
| +6% | +$1.27M |
|
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.