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 | |
|---|---|---|---|---|---|---|
176
S&P Global
SPGI
$130B
| $258M | 0.09% |
783,908
+5,268
| +0.7% | +$1.78M |
|
177
GE Aerospace
GE
$375B
| $258M | 0.09% |
4,784,642
+29,577
| +0.6% | +$1.33M |
|
|
AL
178
DELISTED
Air Lease Corp
AL
| $257M | 0.09% |
5,789,853
-195,634
| -3% | -$7.02M |
|
179
KLA
KLAC
$266B
| $256M | 0.09% |
9,893,690
+964,870
| +11% | +$22.5M |
|
180
Essex Property Trust
ESS
$18.7B
| $255M | 0.09% |
1,073,166
+12,119
| +1% | +$2.8M |
|
181
Sun Communities
SUI
$15B
| $255M | 0.09% |
1,675,768
+119,030
| +8% | +$17.2M |
|
182
HSBC
HSBC
$357B
| $254M | 0.09% |
9,814,457
+150,490
| +2% | +$3.58M |
|
183
Centene
CNC
$31.6B
| $254M | 0.09% |
4,233,370
+73,816
| +2% | +$4.69M |
|
184
Albemarle
ALB
$13.7B
| $253M | 0.09% |
1,718,153
+1,736
| +0.1% | +$206K |
|
185
Amkor Technology
AMKR
$15B
| $252M | 0.09% |
16,722,945
-541,893
| -3% | -$7.38M |
|
186
Tyson Foods
TSN
$21.4B
| $252M | 0.09% |
3,912,949
+121,840
| +3% | +$7.58M |
|
187
Steel Dynamics
STLD
$36.1B
| $252M | 0.09% |
6,835,789
-250,198
| -4% | -$8.69M |
|
188
Penske Automotive Group
PAG
$14.2B
| $252M | 0.09% |
4,241,667
-129,961
| -3% | -$7.32M |
|
189
Liberty Broadband Class C
LBRDK
$4.44B
| $252M | 0.09% |
1,590,289
+704,504
| +80% | +$107M |
|
190
Sherwin-Williams
SHW
$80.7B
| $252M | 0.09% |
1,027,413
+42,960
| +4% | +$10.2M |
|
191
Bank of Montreal
BMO
$125B
| $251M | 0.09% |
3,297,318
+2,173
| +0.1% | +$149K |
|
192
Whirlpool
WHR
$2.44B
| $249M | 0.09% |
1,378,056
-65,264
| -5% | -$12.5M |
|
193
Boeing
BA
$167B
| $247M | 0.09% |
1,153,370
+9,912
| +0.9% | +$1.91M |
|
|
TRTN
194
DELISTED
Triton International Limited
TRTN
| $244M | 0.09% |
5,040,198
-480,994
| -9% | -$20.3M |
|
195
Enovis
ENOV
$1.63B
| $244M | 0.09% |
3,708,074
-42,781
| -1% | -$2.5M |
|
196
Illinois Tool Works
ITW
$81.9B
| $243M | 0.09% |
1,192,178
+20,664
| +2% | +$4.22M |
|
|
TCF
197
DELISTED
TCF Financial Corporation Common Stock
TCF
| $243M | 0.09% |
6,553,585
+30,821
| +0.5% | +$980K |
|
198
Timken Company
TKR
$9.81B
| $242M | 0.09% |
3,129,891
-57,304
| -2% | -$3.9M |
|
199
BorgWarner
BWA
$13.1B
| $242M | 0.09% |
7,103,553
+236,789
| +3% | +$8.03M |
|
|
BLD
200
DELISTED
TopBuild
BLD
| $241M | 0.09% |
1,309,348
-203,819
| -13% | -$36.1M |
|
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.