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 | |
|---|---|---|---|---|---|---|
1901
Designer Brands
DBI
$307M
| $18.2M | 0.01% |
3,352,459
-966,361
| -22% | -$6.26M |
|
1902
Coherent
COHR
$51.4B
| $18.2M | 0.01% |
448,379
-542,434
| -55% | -$23.9M |
|
|
IVC
1903
DELISTED
Invacare Corporation
IVC
| $18.2M | 0.01% |
2,417,022
-57,920
| -2% | -$402K |
|
|
CHUY
1904
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $18.2M | 0.01% |
927,857
-57,743
| -6% | -$1.05M |
|
1905
Sociedad Química y Minera de Chile
SQM
$19.2B
| $18.2M | 0.01% |
561,299
-15,923
| -3% | -$496K |
|
1906
Brookfield
BN
$104B
| $18.1M | 0.01% |
1,024,784
+249,533
| +32% | +$4.46M |
|
1907
Independence Realty Trust
IRT
$3.92B
| $18.1M | 0.01% |
1,559,256
+108,738
| +7% | +$1.25M |
|
|
AQUA
1908
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $18M | 0.01% |
849,752
+26,263
| +3% | +$524K |
|
1909
Napco Security Technologies
NSSC
$1.32B
| $17.9M | 0.01% |
1,525,842
-54,088
| -3% | -$652K |
|
1910
Ceco Environmental
CECO
$3.85B
| $17.9M | 0.01% |
2,453,292
+1,623
| +0.1% | +$12.3K |
|
|
HTBK
1911
DELISTED
Heritage Commerce
HTBK
| $17.9M | 0.01% |
2,686,468
-8,945
| -0.3% | -$61.6K |
|
1912
Arrow Financial
AROW
$659M
| $17.7M | 0.01% |
772,168
-887
| -0.1% | -$22K |
|
1913
Prothena Corp
PRTA
$425M
| $17.6M | 0.01% |
1,765,000
-36,831
| -2% | -$443K |
|
|
P
1914
Everpure Inc
P
$25.7B
| $17.6M | 0.01% |
1,144,995
+39,989
| +4% | +$654K |
|
1915
Liberty Latin America Class A
LILA
$1.64B
| $17.6M | 0.01% |
3,143,962
-251,557
| -7% | -$1.53M |
|
|
TCO
1916
DELISTED
Taubman Centers Inc.
TCO
| $17.6M | 0.01% |
527,673
+140,384
| +36% | +$5.24M |
|
|
HAYN
1917
DELISTED
Haynes International, Inc.
HAYN
| $17.6M | 0.01% |
1,027,082
-20,866
| -2% | -$425K |
|
1918
Preformed Line Products
PLPC
$1.75B
| $17.5M | 0.01% |
360,017
+1,832
| +0.5% | +$97K |
|
1919
NovoCure
NVCR
$1.73B
| $17.5M | 0.01% |
157,431
+7,232
| +5% | +$578K |
|
1920
STMicroelectronics
STM
$46.7B
| $17.5M | 0.01% |
569,889
+30,578
| +6% | +$900K |
|
|
MRC
1921
DELISTED
MRC Global
MRC
| $17.5M | 0.01% |
4,082,306
-111,134
| -3% | -$638K |
|
1922
Hackett Group
HCKT
$270M
| $17.4M | 0.01% |
1,557,903
-17,750
| -1% | -$230K |
|
|
TPCO
1923
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $17.4M | 0.01% |
1,493,716
-47,270
| -3% | -$506K |
|
1924
Enel Chile
ENIC
$6.14B
| $17.3M | 0.01% |
5,026,159
-226,808
| -4% | -$862K |
|
1925
Banco Bradesco
BBD
$39.3B
| $17.3M | 0.01% |
6,096,390
-3,420,761
| -36% | -$11.2M |
|
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.