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 | |
|---|---|---|---|---|---|---|
|
WWE
1926
DELISTED
World Wrestling Entertainment
WWE
| $17.3M | 0.01% |
426,417
+25,513
| +6% | +$1.12M |
|
1927
Arlo Technologies
ARLO
$1.6B
| $17.2M | 0.01% |
3,273,490
-35,738
| -1% | -$172K |
|
1928
Ecovyst
ECVT
$1.32B
| $17.1M | 0.01% |
1,664,063
+167,682
| +11% | +$2.05M |
|
1929
Pitney Bowes
PBI
$2.4B
| $17M | 0.01% |
3,210,245
-310,689
| -9% | -$1.43M |
|
|
PRMW
1930
DELISTED
Primo Water Corporation
PRMW
| $17M | 0.01% |
1,200,358
-57,348
| -5% | -$809K |
|
1931
Global Indemnity Group
GBLI
$402M
| $17M | 0.01% |
819,674
-32,678
| -4% | -$771K |
|
1932
Kite Realty
KRG
$5.81B
| $17M | 0.01% |
1,469,889
+99,773
| +7% | +$1.1M |
|
1933
FirstService
FSV
$6.48B
| $17M | 0.01% |
128,707
-113
| -0.1% | -$13.3K |
|
1934
Logitech
LOGI
$14.7B
| $17M | 0.01% |
219,551
-92,155
| -30% | -$6.59M |
|
1935
Capital City Bank Group
CCBG
$888M
| $16.9M | 0.01% |
898,331
-10,309
| -1% | -$202K |
|
1936
Wheaton Precious Metals
WPM
$49.5B
| $16.9M | 0.01% |
343,839
-47,120
| -12% | -$2.4M |
|
|
VRTV
1937
DELISTED
VERITIV CORPORATION
VRTV
| $16.8M | 0.01% |
1,328,200
-2,088
| -0.2% | -$33.5K |
|
1938
Bausch Health
BHC
$2.58B
| $16.8M | 0.01% |
1,080,845
| – | – |
|
1939
Interface
TILE
$1.99B
| $16.8M | 0.01% |
2,740,716
-129,270
| -5% | -$964K |
|
|
WIFI
1940
DELISTED
Boingo Wireless, Inc.
WIFI
| $16.6M | 0.01% |
1,630,926
-34,314
| -2% | -$445K |
|
1941
Unisys
UIS
$209M
| $16.6M | 0.01% |
1,554,709
-41,476
| -3% | -$476K |
|
1942
e.l.f. Beauty
ELF
$4.89B
| $16.6M | 0.01% |
901,314
-99,723
| -10% | -$1.89M |
|
1943
SAP
SAP
$212B
| $16.5M | 0.01% |
106,098
+261
| +0.2% | +$41.4K |
|
1944
STAAR Surgical
STAA
$1.21B
| $16.5M | 0.01% |
292,226
-6,612
| -2% | -$356K |
|
1945
Diamondrock Hospitality Co
DRH
$2.71B
| $16.5M | 0.01% |
3,258,853
-49,718
| -2% | -$258K |
|
|
PFPT
1946
DELISTED
Proofpoint, Inc.
PFPT
| $16.5M | 0.01% |
156,498
+2,677
| +2% | +$298K |
|
|
ZEN
1947
DELISTED
ZENDESK INC
ZEN
| $16.5M | 0.01% |
160,392
+7,391
| +5% | +$691K |
|
|
SIX
1948
DELISTED
Six Flags Entertainment Corp.
SIX
| $16.5M | 0.01% |
812,663
-65,303
| -7% | -$1.34M |
|
1949
Varex Imaging
VREX
$472M
| $16.5M | 0.01% |
1,295,128
-28,605
| -2% | -$391K |
|
1950
Teekay Tankers
TNK
$2.75B
| $16.4M | 0.01% |
1,517,112
-14,623
| -1% | -$192K |
|
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.