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 | |
|---|---|---|---|---|---|---|
|
LTC
1901
LTC Properties
LTC
$2.13B
| $23.2M | 0.01% |
597,274
-16,621
| -3% | -$611K |
|
1902
CGI
GIB
$15.4B
| $23.2M | 0.01% |
292,538
+2,216
| +0.8% | +$158K |
|
1903
Energizer
ENR
$1.47B
| $23.2M | 0.01% |
549,893
+12,722
| +2% | +$537K |
|
|
AQUA
1904
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $23.1M | 0.01% |
857,529
+7,777
| +0.9% | +$193K |
|
1905
Sphere Entertainment
SPHR
$5.02B
| $23M | 0.01% |
218,911
+46,791
| +27% | +$3.57M |
|
|
CLCT
1906
DELISTED
Collectors Universe
CLCT
| $22.7M | 0.01% |
301,597
-18,867
| -6% | -$1.28M |
|
1907
Bausch Health
BHC
$1.75B
| $22.7M | 0.01% |
1,092,745
+11,900
| +1% | +$222K |
|
1908
Par Pacific Holdings
PARR
$4.17B
| $22.6M | 0.01% |
1,617,739
-80,724
| -5% | -$834K |
|
|
ZEN
1909
DELISTED
ZENDESK INC
ZEN
| $22.6M | 0.01% |
157,942
-2,450
| -2% | -$304K |
|
1910
Allient
ALNT
$1.34B
| $22.6M | 0.01% |
662,361
-19,974
| -3% | -$586K |
|
1911
Global Indemnity Group
GBLI
$402M
| $22.6M | 0.01% |
789,064
-30,610
| -4% | -$779K |
|
1912
PAR Technology
PAR
$716M
| $22.5M | 0.01% |
359,083
-5,489
| -2% | -$269K |
|
1913
Ovintiv
OVV
$17B
| $22.5M | 0.01% |
1,569,711
+19,844
| +1% | +$232K |
|
|
RCM
1914
DELISTED
R1 RCM Inc. Common Stock
RCM
| $22.5M | 0.01% |
937,666
+81,725
| +10% | +$1.63M |
|
|
AZUL
1915
DELISTED
Azul
AZUL
| $22.5M | 0.01% |
986,266
-115,460
| -10% | -$2.07M |
|
1916
NWPX Infrastructure Inc
NWPX
$1.19B
| $22.5M | 0.01% |
795,340
-22,901
| -3% | -$649K |
|
|
OPI
1917
DELISTED
Office Properties Income Trust
OPI
| $22.5M | 0.01% |
988,992
+43,031
| +5% | +$940K |
|
1918
Teva Pharmaceuticals
TEVA
$40.4B
| $22.4M | 0.01% |
2,326,023
+40,604
| +2% | +$389K |
|
|
KBAL
1919
DELISTED
Kimball International
KBAL
| $22.4M | 0.01% |
1,876,516
-103,036
| -5% | -$1.17M |
|
1920
GDS Holdings
GDS
$5.93B
| $22.3M | 0.01% |
238,140
+1,323
| +0.6% | +$118K |
|
1921
Brookfield
BN
$102B
| $22.3M | 0.01% |
1,008,519
-16,265
| -2% | -$326K |
|
|
AAT
1922
American Assets Trust
AAT
$1.46B
| $22.3M | 0.01% |
770,984
-21,465
| -3% | -$571K |
|
|
VBTX
1923
DELISTED
Veritex Holdings
VBTX
| $22.2M | 0.01% |
866,821
+81,682
| +10% | +$1.8M |
|
|
AVID
1924
DELISTED
Avid Technology Inc
AVID
| $22.2M | 0.01% |
1,400,339
-119,524
| -8% | -$1.34M |
|
1925
Opko Health
OPK
$1.02B
| $22.2M | 0.01% |
5,612,566
+530,660
| +10% | +$2.22M |
|
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.