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 | |
|---|---|---|---|---|---|---|
|
BZUN
1876
Baozun
BZUN
$179M
| $24.4M | 0.01% |
711,313
+10,292
| +1% | +$377K |
|
|
CHUY
1877
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $24.4M | 0.01% |
921,180
-6,677
| -0.7% | -$158K |
|
|
HAYN
1878
DELISTED
Haynes International, Inc.
HAYN
| $24.4M | 0.01% |
1,022,316
-4,766
| -0.5% | -$99K |
|
1879
Neurocrine Biosciences
NBIX
$18.2B
| $24.4M | 0.01% |
254,181
+11,612
| +5% | +$1.12M |
|
1880
Preformed Line Products
PLPC
$1.39B
| $24.3M | 0.01% |
355,673
-4,344
| -1% | -$252K |
|
1881
AdvanSix
ASIX
$542M
| $24.3M | 0.01% |
1,217,449
-961
| -0.1% | -$16.5K |
|
|
QADA
1882
DELISTED
QAD Inc.
QADA
| $24.1M | 0.01% |
382,242
+836
| +0.2% | +$42.9K |
|
1883
Superior Group of Companies
SGC
$199M
| $24.1M | 0.01% |
1,038,216
-12,690
| -1% | -$300K |
|
|
TUP
1884
DELISTED
Tupperware Brands Corporation
TUP
| $24.1M | 0.01% |
744,786
+95,895
| +15% | +$2.83M |
|
1885
Lifecore Biomedical
LFCR
$162M
| $24.1M | 0.01% |
2,219,361
-77,860
| -3% | -$804K |
|
|
JOBS
1886
DELISTED
51job Inc
JOBS
| $24M | 0.01% |
343,086
| – | – |
|
|
WCN
1887
Waste Connections
WCN
$43.6B
| $24M | 0.01% |
234,051
-16,216
| -6% | -$1.67M |
|
|
HTBK
1888
DELISTED
Heritage Commerce
HTBK
| $24M | 0.01% |
2,704,944
+18,476
| +0.7% | +$150K |
|
1889
Fossil Group
FOSL
$260M
| $24M | 0.01% |
2,766,401
+28,284
| +1% | +$238K |
|
1890
PG&E
PCG
$39B
| $23.9M | 0.01% |
1,921,336
+1,207,982
| +169% | +$13.7M |
|
1891
e.l.f. Beauty
ELF
$4.77B
| $23.9M | 0.01% |
948,811
+47,497
| +5% | +$1.02M |
|
|
HAPN
1892
Happen Inc
HAPN
$2.14B
| $23.9M | 0.01% |
2,259,985
+55,532
| +3% | +$371K |
|
|
VMW
1893
DELISTED
VMware, Inc
VMW
| $23.8M | 0.01% |
169,620
+8,456
| +5% | +$1.21M |
|
1894
Sportsman's Warehouse
SPWH
$44.9M
| $23.8M | 0.01% |
1,354,665
+31,443
| +2% | +$460K |
|
1895
Nabors Industries
NBR
$1.17B
| $23.8M | 0.01% |
407,883
-35,931
| -8% | -$1.58M |
|
1896
Liberty Latin America Class A
LILA
$1.72B
| $23.5M | 0.01% |
3,106,836
-37,126
| -1% | -$275K |
|
1897
Imperial Oil
IMO
$62.3B
| $23.4M | 0.01% |
1,231,154
+19,374
| +2% | +$310K |
|
1898
First Community Bankshares
FCBC
$899M
| $23.4M | 0.01% |
1,083,028
-9,263
| -0.8% | -$194K |
|
1899
Global Net Lease
GNL
$1.87B
| $23.3M | 0.01% |
1,361,837
-50,460
| -4% | -$825K |
|
|
VRE
1900
DELISTED
Veris Residential
VRE
| $23.3M | 0.01% |
1,866,184
+70,146
| +4% | +$894K |
|
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.