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 | |
|---|---|---|---|---|---|---|
1876
Denali Therapeutics
DNLI
$3.68B
| $19.2M | 0.01% |
535,119
-15,578
| -3% | -$469K |
|
1877
CarGurus
CARG
$3.35B
| $19.2M | 0.01% |
886,029
+37,929
| +4% | +$971K |
|
1878
Roku
ROKU
$21.7B
| $19.2M | 0.01% |
101,514
+11,331
| +13% | +$1.79M |
|
1879
Conduent
CNDT
$259M
| $19.2M | 0.01% |
6,022,741
-691,964
| -10% | -$2.05M |
|
1880
UNIFI
UFI
$119M
| $19.1M | 0.01% |
1,490,199
-11,088
| -0.7% | -$138K |
|
1881
Atlassian
TEAM
$26.3B
| $19.1M | 0.01% |
105,219
+1,684
| +2% | +$300K |
|
|
AAT
1882
American Assets Trust
AAT
$1.47B
| $19.1M | 0.01% |
792,449
-24,989
| -3% | -$649K |
|
1883
Kura Oncology
KURA
$805M
| $19.1M | 0.01% |
622,464
+30,369
| +5% | +$671K |
|
1884
Cenovus Energy
CVE
$54.7B
| $19M | 0.01% |
4,879,453
+438,223
| +10% | +$2.01M |
|
1885
Pembina Pipeline
PBA
$28.1B
| $18.9M | 0.01% |
892,427
+122,815
| +16% | +$3.02M |
|
1886
Sportsman's Warehouse
SPWH
$45.7M
| $18.9M | 0.01% |
1,323,222
+474
| +0% | +$7.29K |
|
1887
Pearson
PSO
$10.1B
| $18.9M | 0.01% |
2,654,087
+34,472
| +1% | +$248K |
|
1888
Regenxbio
RGNX
$626M
| $18.9M | 0.01% |
685,246
-16,631
| -2% | -$542K |
|
|
DENN
1889
DELISTED
Denny's
DENN
| $18.8M | 0.01% |
1,878,927
-112,278
| -6% | -$1.12M |
|
1890
Allient
ALNT
$1.53B
| $18.8M | 0.01% |
682,335
-15,761
| -2% | -$417K |
|
1891
Opko Health
OPK
$1.01B
| $18.7M | 0.01% |
5,081,906
-25,773
| -0.5% | -$109K |
|
|
LL
1892
DELISTED
LL Flooring Holdings, Inc.
LL
| $18.7M | 0.01% |
846,005
+23,213
| +3% | +$496K |
|
1893
SITE Centers
SITC
$175M
| $18.6M | 0.01% |
3,313,707
+230,689
| +7% | +$1.36M |
|
1894
Moderna
MRNA
$22.3B
| $18.6M | 0.01% |
262,517
+17,181
| +7% | +$1.2M |
|
1895
Southern Copper
SCCO
$145B
| $18.6M | 0.01% |
442,772
+11,293
| +3% | +$469K |
|
|
THR
1896
DELISTED
Thermon Group Holdings
THR
| $18.4M | 0.01% |
1,642,952
-44,788
| -3% | -$593K |
|
1897
York Water
YORW
$503M
| $18.4M | 0.01% |
436,273
-7,520
| -2% | -$344K |
|
1898
CNA Financial
CNA
$14.6B
| $18.3M | 0.01% |
611,809
+17,137
| +3% | +$552K |
|
|
WBT
1899
DELISTED
Welbilt, Inc.
WBT
| $18.2M | 0.01% |
2,962,348
-97,204
| -3% | -$655K |
|
|
PETQ
1900
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $18.2M | 0.01% |
553,096
+7,220
| +1% | +$240K |
|
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.