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 | |
|---|---|---|---|---|---|---|
2076
Nicolet Bankshares
NIC
$3.6B
| $16.4M | 0.01% |
247,167
+3,338
| +1% | +$217K |
|
|
VCRA
2077
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $16.4M | 0.01% |
394,822
+6,475
| +2% | +$222K |
|
2078
Equity Bancshares
EQBK
$1.04B
| $16.3M | 0.01% |
755,648
+671
| +0.1% | +$13K |
|
2079
Teekay Tankers
TNK
$2.71B
| $16.3M | 0.01% |
1,478,244
-38,868
| -3% | -$430K |
|
|
CLDR
2080
DELISTED
Cloudera, Inc.
CLDR
| $16.2M | 0.01% |
1,165,051
+265,824
| +30% | +$3.05M |
|
2081
Bassett Furniture
BSET
$169M
| $16.1M | 0.01% |
803,034
-7,430
| -0.9% | -$126K |
|
2082
Red Rock Resorts
RRR
$3.84B
| $16.1M | 0.01% |
643,904
+32,279
| +5% | +$687K |
|
2083
Heritage Insurance Holdings
HRTG
$903M
| $16.1M | 0.01% |
1,585,854
-7,349
| -0.5% | -$75.5K |
|
2084
Uber
UBER
$145B
| $16M | 0.01% |
313,221
+275,622
| +733% | +$12.4M |
|
2085
Lindblad Expeditions
LIND
$1.95B
| $15.9M | 0.01% |
931,287
-9,106
| -1% | -$104K |
|
|
FRGI
2086
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $15.9M | 0.01% |
1,398,217
-27,508
| -2% | -$303K |
|
|
BLUE
2087
DELISTED
bluebird bio
BLUE
| $15.8M | 0.01% |
28,236
+111
| +0.4% | +$70.3K |
|
2088
AtriCure
ATRC
$2.08B
| $15.8M | 0.01% |
284,189
+29,179
| +11% | +$1.26M |
|
2089
CAE Inc. Common Shares
CAE
$8.44B
| $15.8M | 0.01% |
569,627
-46,945
| -8% | -$1.01M |
|
|
TAST
2090
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $15.8M | 0.01% |
2,508,681
+8,700
| +0.3% | +$55.6K |
|
2091
ING
ING
$92.9B
| $15.7M | 0.01% |
1,666,472
-37,267
| -2% | -$320K |
|
2092
Carvana
CVNA
$47.5B
| $15.7M | 0.01% |
327,650
+14,110
| +5% | +$645K |
|
2093
Bar Harbor Bankshares
BHB
$665M
| $15.7M | 0.01% |
692,933
+1,707
| +0.2% | +$38.9K |
|
2094
Vericel Corp
VCEL
$2.38B
| $15.6M | 0.01% |
506,214
+44,061
| +10% | +$1.05M |
|
|
RDFN
2095
DELISTED
Redfin
RDFN
| $15.6M | 0.01% |
227,488
+15,156
| +7% | +$810K |
|
|
SLCA
2096
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $15.6M | 0.01% |
2,219,141
+19,785
| +0.9% | +$86K |
|
2097
LSI Industries
LYTS
$834M
| $15.5M | 0.01% |
1,816,007
-78,700
| -4% | -$606K |
|
|
HONE
2098
DELISTED
HarborOne Bancorp
HONE
| $15.5M | 0.01% |
1,429,150
+45,109
| +3% | +$444K |
|
2099
Universal Logistics Holdings
ULH
$388M
| $15.4M | 0.01% |
749,863
-6,106
| -0.8% | -$133K |
|
2100
NN Inc
NNBR
$237M
| $15.4M | 0.01% |
2,339,560
-50,514
| -2% | -$315K |
|
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.