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 | |
|---|---|---|---|---|---|---|
|
NXRT
2026
NexPoint Residential Trust
NXRT
$666M
| $14.5M | 0.01% |
326,221
+23,848
| +8% | +$944K |
|
2027
Koppers
KOP
$943M
| $14.5M | 0.01% |
691,366
-32,496
| -4% | -$739K |
|
|
MSGN
2028
DELISTED
MSG Networks Inc.
MSGN
| $14.4M | 0.01% |
1,507,961
-81,646
| -5% | -$822K |
|
|
MNDT
2029
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $14.4M | 0.01% |
1,165,094
+42,125
| +4% | +$577K |
|
|
CHCT
2030
Community Healthcare Trust
CHCT
$523M
| $14.3M | 0.01% |
306,453
+9,814
| +3% | +$449K |
|
|
PAMT
2031
PAMT Corp
PAMT
$337M
| $14.3M | 0.01% |
1,519,748
-14,452
| -0.9% | -$124K |
|
|
ORBC
2032
DELISTED
ORBCOMM, Inc.
ORBC
| $14.2M | 0.01% |
4,180,371
+65,644
| +2% | +$255K |
|
2033
Bar Harbor Bankshares
BHB
$665M
| $14.2M | 0.01% |
691,226
+8,056
| +1% | +$165K |
|
2034
Vanda Pharmaceuticals
VNDA
$307M
| $14.2M | 0.01% |
1,467,665
+34,657
| +2% | +$370K |
|
2035
Arrowhead Research
ARWR
$11.9B
| $14.1M | 0.01% |
328,015
+29,957
| +10% | +$1.29M |
|
2036
Under Armour
UAA
$2.84B
| $14.1M | 0.01% |
1,255,688
+4,655
| +0.4% | +$49K |
|
2037
Companhia Siderúrgica Nacional
SID
$1.31B
| $14.1M | 0.01% |
4,825,416
-902,637
| -16% | -$2.3M |
|
2038
Northrim BanCorp
NRIM
$590M
| $14.1M | 0.01% |
2,206,744
-14,272
| -0.6% | -$89.2K |
|
2039
Empire State Realty Trust
ESRT
$872M
| $14.1M | 0.01% |
2,295,774
+2,873
| +0.1% | +$18.6K |
|
2040
Carvana
CVNA
$68.6B
| $14M | 0.01% |
313,540
-18,520
| -6% | -$657K |
|
2041
Sabre
SABR
$731M
| $14M | 0.01% |
2,144,055
-158,637
| -7% | -$1.18M |
|
2042
Flexsteel Industries
FLXS
$302M
| $13.9M | 0.01% |
579,546
-16,005
| -3% | -$282K |
|
|
MAXR
2043
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $13.9M | 0.01% |
557,341
+303,350
| +119% | +$6.72M |
|
|
AGR
2044
DELISTED
Avangrid, Inc.
AGR
| $13.9M | 0.01% |
275,444
+4,037
| +1% | +$194K |
|
2045
Children's Place
PLCE
$54.3M
| $13.9M | 0.01% |
489,995
-83,680
| -15% | -$2.3M |
|
2046
Inogen
INGN
$175M
| $13.9M | 0.01% |
478,027
-15,588
| -3% | -$490K |
|
|
AUY
2047
DELISTED
Yamana Gold, Inc.
AUY
| $13.8M | 0.01% |
2,433,327
-148,585
| -6% | -$891K |
|
|
EIGI
2048
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $13.8M | 0.01% |
2,395,257
+34,357
| +1% | +$193K |
|
2049
Under Armour Class C
UA
$2.77B
| $13.7M | 0.01% |
1,392,474
+5,607
| +0.4% | +$52.6K |
|
2050
Cooper-Standard Automotive
CPS
$523M
| $13.7M | 0.01% |
1,033,406
-113,673
| -10% | -$1.58M |
|
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.