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 |
AbbVie
ABBV
|
+$214M |
| 2 |
Verizon
VZ
|
+$148M |
| 3 |
Otis Worldwide
OTIS
|
+$142M |
| 4 |
Baidu
BIDU
|
+$124M |
| 5 |
Alibaba
BABA
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$324M |
| 2 |
Amazon
AMZN
|
+$313M |
| 3 |
Bank of America
BAC
|
+$264M |
| 4 |
AGN
Allergan plc
AGN
|
+$259M |
| 5 |
Wells Fargo
WFC
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.39% |
| 2 | Financials | 16.29% |
| 3 | Industrials | 12.76% |
| 4 | Healthcare | 11.61% |
| 5 | Consumer Discretionary | 11.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TACO
2001
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $15.4M | 0.01% |
2,597,179
-401,882
| -13% | -$2.23M |
|
|
TPCO
2002
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $15.4M | 0.01% |
1,540,986
+72,178
| +5% | +$647K |
|
|
MTSC
2003
DELISTED
MTS Systems Corp
MTSC
| $15.4M | 0.01% |
874,882
-16,910
| -2% | -$313K |
|
2004
Cato Corp
CATO
$66.5M
| $15.4M | 0.01% |
1,879,825
-28,836
| -2% | -$284K |
|
|
MNK
2005
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $15.3M | 0.01% |
5,715,313
-673,226
| -11% | -$2.02M |
|
|
AQUA
2006
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $15.3M | 0.01% |
823,489
+113,898
| +16% | +$1.88M |
|
2007
Bar Harbor Bankshares
BHB
$660M
| $15.3M | 0.01% |
683,170
+11,420
| +2% | +$213K |
|
2008
Ares Management
ARES
$28B
| $15.2M | 0.01% |
384,176
-12,513
| -3% | -$442K |
|
2009
MongoDB
MDB
$26.2B
| $15.2M | 0.01% |
67,258
-25
| -0% | -$4.63K |
|
2010
Cooper-Standard Automotive
CPS
$514M
| $15.2M | 0.01% |
1,147,079
-38,615
| -3% | -$468K |
|
|
ENLC
2011
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $15.2M | 0.01% |
6,229,850
-2,498,303
| -29% | -$5.16M |
|
2012
Fossil Group
FOSL
$288M
| $15.2M | 0.01% |
3,258,240
-314,975
| -9% | -$1.21M |
|
2013
Sterling Infrastructure
STRL
$17.8B
| $15.1M | 0.01% |
1,445,617
-94,813
| -6% | -$875K |
|
2014
Acadia Pharmaceuticals
ACAD
$4.55B
| $15.1M | 0.01% |
311,907
+20,503
| +7% | +$984K |
|
2015
Rogers Communications
RCI
$18.4B
| $15.1M | 0.01% |
376,111
+10,895
| +3% | +$454K |
|
2016
Ovintiv
OVV
$17B
| $15.1M | 0.01% |
1,582,475
-27,311
| -2% | -$190K |
|
2017
Sociedad Química y Minera de Chile
SQM
$19.5B
| $15.1M | 0.01% |
577,222
+119
| +0% | +$2.86K |
|
2018
Barrett Business Services
BBSI
$982M
| $15M | 0.01% |
1,132,600
+1,492
| +0.1% | +$17.2K |
|
2019
Phibro Animal Health
PAHC
$1.48B
| $15M | 0.01% |
572,138
+4,660
| +0.8% | +$116K |
|
2020
Utah Medical Products
UTMD
$222M
| $15M | 0.01% |
169,570
-785
| -0.5% | -$70.5K |
|
|
SRGA
2021
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $15M | 0.01% |
157,370
-5,211
| -3% | -$388K |
|
2022
Nektar Therapeutics
NKTR
$2.41B
| $14.9M | 0.01% |
43,038
+11,689
| +37% | +$3.65M |
|
|
TWOU
2023
DELISTED
2U Inc
TWOU
| $14.9M | 0.01% |
13,120
+1,409
| +12% | +$1.26M |
|
2024
Ribbon Communications
RBBN
$373M
| $14.9M | 0.01% |
3,784,969
-171,898
| -4% | -$624K |
|
|
BPYU
2025
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $14.9M | 0.01% |
1,491,955
-3,753
| -0.3% | -$37.7K |
|
Similar funds
Dimensional Fund Advisors's Q2 2020 Portfolio in Review
As of Q2 2020, Dimensional Fund Advisors held 3,428 positions worth $228B, up 19% from $192B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q2 2020: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 54 new positions and exited 89, leaving the 3,428-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q2 2020 buy was Otis Worldwide: 2,746,401 shares worth $156M.
- Dimensional Fund Advisors added most to AbbVie in Q2 2020, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q2 2020 reduction was Apple, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited Allergan plc in Q2 2020, selling an estimated $259M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $228B portfolio in Q2 2020.
- Dimensional Fund Advisors opened 54 new positions and closed 89 in Q2 2020.
- Dimensional Fund Advisors's portfolio value rose 19% quarter-over-quarter to $228B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2020, filed 13 Aug 2020.