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 | |
|---|---|---|---|---|---|---|
2026
RCI Hospitality Holdings
RICK
$202M
| $18.2M | 0.01% |
460,964
+5,514
| +1% | +$152K |
|
2027
Oppenheimer Holdings
OPY
$1.18B
| $18.2M | 0.01% |
578,024
-1,654
| -0.3% | -$46.6K |
|
2028
WisdomTree
WT
$2.79B
| $18.1M | 0.01% |
3,385,794
-15,128
| -0.4% | -$65.1K |
|
2029
Fluor
FLR
$6.54B
| $18.1M | 0.01% |
1,131,928
+22,322
| +2% | +$316K |
|
2030
Alkermes
ALKS
$8.11B
| $18.1M | 0.01% |
905,900
+14,671
| +2% | +$268K |
|
2031
Enel Chile
ENIC
$6.03B
| $18M | 0.01% |
4,633,588
-392,571
| -8% | -$1.4M |
|
2032
Acadia Pharmaceuticals
ACAD
$4.51B
| $18M | 0.01% |
337,147
+9,930
| +3% | +$493K |
|
|
CWEN.A
2033
DELISTED
Clearway Energy Class A
CWEN.A
| $18M | 0.01% |
608,394
-39,132
| -6% | -$1.09M |
|
2034
Village Super Market
VLGEA
$657M
| $17.9M | 0.01% |
813,395
-5,486
| -0.7% | -$127K |
|
2035
Honda
HMC
$39.8B
| $17.9M | 0.01% |
633,124
-14,538
| -2% | -$392K |
|
|
ACBI
2036
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $17.9M | 0.01% |
1,122,512
-142
| -0% | -$2.07K |
|
2037
Arrowhead Research
ARWR
$12.1B
| $17.8M | 0.01% |
232,300
-95,715
| -29% | -$6.12M |
|
2038
Atara Biotherapeutics
ATRA
$72.6M
| $17.8M | 0.01% |
36,214
+2,939
| +9% | +$1.36M |
|
|
GBT
2039
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $17.8M | 0.01% |
410,118
-45,319
| -10% | -$2.23M |
|
2040
Cleveland-Cliffs
CLF
$6.49B
| $17.7M | 0.01% |
1,217,899
| – | – |
|
2041
FirstService
FSV
$6.55B
| $17.7M | 0.01% |
129,462
+755
| +0.6% | +$102K |
|
|
PRMW
2042
DELISTED
Primo Water Corporation
PRMW
| $17.7M | 0.01% |
1,126,398
-73,960
| -6% | -$1.09M |
|
2043
Bank of Marin Bancorp
BMRC
$460M
| $17.6M | 0.01% |
512,243
+286
| +0.1% | +$9.74K |
|
|
FLIC
2044
DELISTED
First of Long Island Corp
FLIC
| $17.6M | 0.01% |
983,501
+4,742
| +0.5% | +$80.1K |
|
2045
First Internet Bancorp
INBK
$233M
| $17.4M | 0.01% |
606,460
+5,375
| +0.9% | +$129K |
|
2046
Dropbox
DBX
$7.78B
| $17.4M | 0.01% |
783,095
+127,458
| +19% | +$2.6M |
|
|
VISN
2047
Vistance Networks Inc
VISN
$2.61B
| $17.4M | 0.01% |
1,295,216
-48,933
| -4% | -$539K |
|
2048
Cushman & Wakefield Ltd
CWK
$3.16B
| $17.3M | 0.01% |
1,164,831
+92,139
| +9% | +$1.28M |
|
2049
Atlanticus Holdings
ATLC
$1.57B
| $17.3M | 0.01% |
700,837
-19,415
| -3% | -$317K |
|
2050
Syndax Pharmaceuticals
SNDX
$1.7B
| $17.3M | 0.01% |
775,708
-78,260
| -9% | -$1.62M |
|
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.