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 | |
|---|---|---|---|---|---|---|
1951
TFS Financial
TFSL
$5.16B
| $16.3M | 0.01% |
1,110,424
+32,427
| +3% | +$472K |
|
1952
Hurco Companies Inc
HURC
$135M
| $16.3M | 0.01% |
573,645
-1,701
| -0.3% | -$49.4K |
|
1953
Vera Bradley
VRA
$97M
| $16.3M | 0.01% |
2,660,537
-93,272
| -3% | -$498K |
|
|
EBIX
1954
DELISTED
Ebix Inc
EBIX
| $16.2M | 0.01% |
785,275
+9,195
| +1% | +$205K |
|
1955
Sasol
SSL
$7.5B
| $16.2M | 0.01% |
2,127,657
-277,692
| -12% | -$2.29M |
|
|
TAST
1956
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $16.1M | 0.01% |
2,499,981
+30,369
| +1% | +$188K |
|
1957
Heritage Insurance Holdings
HRTG
$889M
| $16.1M | 0.01% |
1,593,203
+9,698
| +0.6% | +$120K |
|
1958
SunCoke Energy
SXC
$720M
| $16.1M | 0.01% |
4,710,679
-300,502
| -6% | -$980K |
|
|
QADA
1959
DELISTED
QAD Inc.
QADA
| $16.1M | 0.01% |
381,406
-652
| -0.2% | -$27.4K |
|
1960
MongoDB
MDB
$27.1B
| $16.1M | 0.01% |
69,419
+2,161
| +3% | +$468K |
|
|
BSTC
1961
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $16M | 0.01% |
303,785
-6,081
| -2% | -$375K |
|
1962
Matrix Service
MTRX
$326M
| $16M | 0.01% |
1,919,934
-71,141
| -4% | -$641K |
|
|
DHIL
1963
DELISTED
Diamond Hill
DHIL
| $16M | 0.01% |
126,605
-587
| -0.5% | -$71.5K |
|
|
CWEN.A
1964
DELISTED
Clearway Energy Class A
CWEN.A
| $16M | 0.01% |
647,526
-11,675
| -2% | -$269K |
|
1965
WPP
WPP
$4.36B
| $16M | 0.01% |
407,149
+2,852
| +0.7% | +$113K |
|
|
MTSC
1966
DELISTED
MTS Systems Corp
MTSC
| $16M | 0.01% |
835,874
-39,008
| -4% | -$816K |
|
1967
Gates Industrial Corporation Ltd.
GTES
$7.08B
| $15.9M | 0.01% |
1,428,441
+82,226
| +6% | +$918K |
|
1968
Upland Software
UPLD
$12.8M
| $15.9M | 0.01% |
42,100
-149
| -0.4% | -$53.7K |
|
|
RVNC
1969
DELISTED
Revance Therapeutics, Inc.
RVNC
| $15.9M | 0.01% |
631,215
-8,646
| -1% | -$227K |
|
|
CLCT
1970
DELISTED
Collectors Universe
CLCT
| $15.9M | 0.01% |
320,464
-3,586
| -1% | -$154K |
|
1971
BlackLine
BL
$1.84B
| $15.8M | 0.01% |
176,527
+43,602
| +33% | +$3.66M |
|
1972
Rogers Communications
RCI
$18.3B
| $15.8M | 0.01% |
399,008
+22,897
| +6% | +$940K |
|
1973
Universal Logistics Holdings
ULH
$353M
| $15.8M | 0.01% |
755,969
-3,371
| -0.4% | -$65.8K |
|
1974
Open Text
OTEX
$6.15B
| $15.8M | 0.01% |
372,920
+4,083
| +1% | +$179K |
|
1975
Fossil Group
FOSL
$293M
| $15.7M | 0.01% |
2,738,117
-520,123
| -16% | -$2.77M |
|
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.