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 | |
|---|---|---|---|---|---|---|
2101
Willis Lease Finance
WLFC
$1.65B
| $15.4M | 0.01% |
1,512,765
-16,017
| -1% | -$149K |
|
2102
Lakeland Industries
LAKE
$108M
| $15.3M | 0.01% |
562,154
-35,947
| -6% | -$812K |
|
2103
Tanger
SKT
$4.78B
| $15.2M | 0.01% |
1,526,707
-18,158
| -1% | -$153K |
|
2104
Talos Energy
TALO
$2.38B
| $15.2M | 0.01% |
1,841,026
-38,359
| -2% | -$299K |
|
|
LFC
2105
DELISTED
China Life Insurance Company Ltd.
LFC
| $15.1M | 0.01% |
1,366,455
+5,992
| +0.4% | +$68.5K |
|
2106
Bristow Group
VTOL
$1.33B
| $15.1M | 0.01% |
573,625
-41,796
| -7% | -$1.02M |
|
|
CSR
2107
Centerspace
CSR
$952M
| $15.1M | 0.01% |
213,389
+7,721
| +4% | +$543K |
|
|
DHC
2108
Diversified Healthcare Trust
DHC
$2.15B
| $15M | 0.01% |
3,651,749
-118,956
| -3% | -$469K |
|
|
ALTA
2109
DELISTED
Altabancorp
ALTA
| $15M | 0.01% |
538,431
+3,320
| +0.6% | +$84.3K |
|
2110
Ironwood Pharmaceuticals
IRWD
$586M
| $14.9M | 0.01% |
1,307,399
+292,661
| +29% | +$3.2M |
|
2111
Western New England Bancorp
WNEB
$259M
| $14.9M | 0.01% |
2,159,089
-47,484
| -2% | -$309K |
|
|
CHCT
2112
Community Healthcare Trust
CHCT
$536M
| $14.8M | 0.01% |
315,141
+8,688
| +3% | +$413K |
|
|
INN
2113
Summit Hotel Properties
INN
$766M
| $14.8M | 0.01% |
1,646,337
-55,847
| -3% | -$413K |
|
2114
Barnes & Noble Education
BNED
$435M
| $14.7M | 0.01% |
31,600
-849
| -3% | -$281K |
|
2115
Weyerhaeuser
WY
$17.6B
| $14.6M | 0.01% |
434,252
-6,773
| -2% | -$204K |
|
2116
First Mid Bancshares
FMBH
$1.4B
| $14.5M | 0.01% |
431,523
+551
| +0.1% | +$16.6K |
|
|
ALTR
2117
DELISTED
Altair Engineering Inc
ALTR
| $14.5M | 0.01% |
249,161
+5,880
| +2% | +$297K |
|
|
CAMP
2118
DELISTED
CalAmp Corp.
CAMP
| $14.5M | 0.01% |
63,487
-3,457
| -5% | -$697K |
|
2119
Timberland Bancorp
TSBK
$352M
| $14.5M | 0.01% |
596,125
-5,908
| -1% | -$130K |
|
|
ITIC
2120
Investors Title Co
ITIC
$560M
| $14.4M | 0.01% |
94,330
-7,294
| -7% | -$1.13M |
|
|
NEWR
2121
DELISTED
New Relic, Inc.
NEWR
| $14.4M | 0.01% |
220,662
+1,167
| +0.5% | +$71.9K |
|
2122
Tilly's
TLYS
$114M
| $14.4M | 0.01% |
1,767,521
-9,012
| -0.5% | -$68.1K |
|
|
KYNB
2123
Kyntra Bio
KYNB
$27.4M
| $14.4M | 0.01% |
15,542
-6,637
| -30% | -$6.98M |
|
2124
Grupo Cibest SA
CIB
$21.2B
| $14.4M | 0.01% |
358,159
-34,935
| -9% | -$1.09M |
|
2125
MasterCraft Boat Holdings
MCFT
$596M
| $14.4M | 0.01% |
578,252
-16,569
| -3% | -$369K |
|
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.