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 |
AbbVie
ABBV
|
+$214M |
| 2 |
Verizon
VZ
|
+$148M |
| 3 |
Otis Worldwide
OTIS
|
+$142M |
| 4 |
Baidu
BIDU
|
+$124M |
| 5 |
Alibaba
BABA
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$324M |
| 2 |
Amazon
AMZN
|
+$313M |
| 3 |
Bank of America
BAC
|
+$264M |
| 4 |
AGN
Allergan plc
AGN
|
+$259M |
| 5 |
Wells Fargo
WFC
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.39% |
| 2 | Financials | 16.29% |
| 3 | Industrials | 12.76% |
| 4 | Healthcare | 11.61% |
| 5 | Consumer Discretionary | 11.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1851
Zillow
ZG
$7.79B
| $21M | 0.01% |
365,920
-9,969
| -3% | -$491K |
|
1852
Inovio Pharmaceuticals
INO
$54M
| $21M | 0.01% |
64,840
-855
| -1% | -$137K |
|
1853
Cenovus Energy
CVE
$56.5B
| $20.7M | 0.01% |
4,441,230
+94,516
| +2% | +$363K |
|
1854
Heritage Insurance Holdings
HRTG
$907M
| $20.7M | 0.01% |
1,583,505
+78,798
| +5% | +$922K |
|
1855
American Airlines Group
AAL
$10.2B
| $20.7M | 0.01% |
1,585,441
-347,695
| -18% | -$4.22M |
|
|
MNR
1856
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $20.7M | 0.01% |
1,429,879
+20,230
| +1% | +$263K |
|
1857
NWPX Infrastructure Inc
NWPX
$1.22B
| $20.5M | 0.01% |
817,119
+14,409
| +2% | +$343K |
|
|
NPTN
1858
DELISTED
NEOPHOTONICS CORP
NPTN
| $20.5M | 0.01% |
2,304,071
-93,305
| -4% | -$804K |
|
1859
Arrow Financial
AROW
$660M
| $20.4M | 0.01% |
773,055
-7,892
| -1% | -$193K |
|
1860
Global Indemnity Group
GBLI
$402M
| $20.4M | 0.01% |
852,352
+12,154
| +1% | +$290K |
|
1861
Dime Commercial Bancshares
DCOM
$1.8B
| $20.4M | 0.01% |
893,242
+54,504
| +6% | +$1.12M |
|
1862
Titan Machinery
TITN
$413M
| $20.4M | 0.01% |
1,877,317
+36,703
| +2% | +$351K |
|
1863
United Parks & Resorts
PRKS
$2.15B
| $20.4M | 0.01% |
1,375,248
-26,344
| -2% | -$388K |
|
1864
Logitech
LOGI
$14.6B
| $20.3M | 0.01% |
311,706
-23,033
| -7% | -$1.23M |
|
|
HSKA
1865
DELISTED
Heska Corp
HSKA
| $20.3M | 0.01% |
218,071
-7,953
| -4% | -$613K |
|
|
OPI
1866
DELISTED
Office Properties Income Trust
OPI
| $20.3M | 0.01% |
781,464
+8,968
| +1% | +$233K |
|
|
SGMO
1867
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $20.2M | 0.01% |
2,257,888
+60,953
| +3% | +$565K |
|
|
HTBK
1868
DELISTED
Heritage Commerce
HTBK
| $20.2M | 0.01% |
2,695,413
+97,144
| +4% | +$761K |
|
|
ETRN
1869
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $20.2M | 0.01% |
2,429,698
+146,678
| +6% | +$1.15M |
|
1870
Dell
DELL
$262B
| $20.2M | 0.01% |
724,312
-9,719
| -1% | -$218K |
|
|
DENN
1871
DELISTED
Denny's
DENN
| $20.1M | 0.01% |
1,991,205
-239,503
| -11% | -$2.46M |
|
1872
Pinduoduo
PDD
$124B
| $20.1M | 0.01% |
233,580
+116,597
| +100% | +$7.01M |
|
1873
Varex Imaging
VREX
$467M
| $20.1M | 0.01% |
1,323,733
-48,476
| -4% | -$978K |
|
|
TPIC
1874
DELISTED
TPI Composites
TPIC
| $19.9M | 0.01% |
851,803
+14,964
| +2% | +$281K |
|
|
AVLR
1875
DELISTED
Avalara, Inc.
AVLR
| $19.8M | 0.01% |
148,891
+4,869
| +3% | +$479K |
|
Similar funds
Dimensional Fund Advisors's Q2 2020 Portfolio in Review
As of Q2 2020, Dimensional Fund Advisors held 3,428 positions worth $228B, up 19% from $192B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q2 2020: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 54 new positions and exited 89, leaving the 3,428-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q2 2020 buy was Otis Worldwide: 2,746,401 shares worth $156M.
- Dimensional Fund Advisors added most to AbbVie in Q2 2020, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q2 2020 reduction was Apple, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited Allergan plc in Q2 2020, selling an estimated $259M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $228B portfolio in Q2 2020.
- Dimensional Fund Advisors opened 54 new positions and closed 89 in Q2 2020.
- Dimensional Fund Advisors's portfolio value rose 19% quarter-over-quarter to $228B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2020, filed 13 Aug 2020.