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 | |
|---|---|---|---|---|---|---|
2151
Turning Point Brands
TPB
$1.45B
| $10.8M | ﹤0.01% |
388,504
-10,641
| -3% | -$313K |
|
2152
Timberland Bancorp
TSBK
$348M
| $10.8M | ﹤0.01% |
602,033
+2,342
| +0.4% | +$40.4K |
|
|
EXTN
2153
DELISTED
Exterran Corporation
EXTN
| $10.8M | ﹤0.01% |
2,600,634
-60,955
| -2% | -$305K |
|
|
MCBC
2154
DELISTED
Macatawa Bank Corp
MCBC
| $10.8M | ﹤0.01% |
1,652,734
+6,890
| +0.4% | +$49.7K |
|
2155
Atara Biotherapeutics
ATRA
$75.5M
| $10.8M | ﹤0.01% |
33,275
+1,060
| +3% | +$361K |
|
|
ALTA
2156
DELISTED
Altabancorp
ALTA
| $10.8M | ﹤0.01% |
535,111
+506,432
| +1,766% | +$10.3M |
|
2157
Metallus
MTUS
$838M
| $10.8M | ﹤0.01% |
3,029,216
-330,542
| -10% | -$1.27M |
|
2158
First Mid Bancshares
FMBH
$1.39B
| $10.8M | ﹤0.01% |
430,972
+8,837
| +2% | +$224K |
|
|
CNCE
2159
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $10.7M | ﹤0.01% |
1,094,575
-24,615
| -2% | -$243K |
|
2160
Tilly's
TLYS
$116M
| $10.7M | ﹤0.01% |
1,776,533
-24,057
| -1% | -$151K |
|
|
CNR
2161
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $10.7M | ﹤0.01% |
1,337,897
-45,248
| -3% | -$321K |
|
|
CNBKA
2162
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $10.7M | ﹤0.01% |
162,131
-1,660
| -1% | -$118K |
|
|
SPNS
2163
DELISTED
Sapiens International
SPNS
| $10.6M | ﹤0.01% |
348,265
-5,790
| -2% | -$178K |
|
2164
Community Health Systems
CYH
$393M
| $10.6M | ﹤0.01% |
2,516,770
-36,079
| -1% | -$159K |
|
2165
Nathan's Famous
NATH
$402M
| $10.6M | ﹤0.01% |
206,928
-2,493
| -1% | -$131K |
|
|
RDFN
2166
DELISTED
Redfin
RDFN
| $10.6M | ﹤0.01% |
212,332
+57,969
| +38% | +$2.56M |
|
|
PFBI
2167
DELISTED
Premier Financial Bancorp
PFBI
| $10.5M | ﹤0.01% |
973,753
+4,141
| +0.4% | +$47.9K |
|
|
ZGNX
2168
DELISTED
Zogenix, Inc.
ZGNX
| $10.5M | ﹤0.01% |
586,106
+37,291
| +7% | +$914K |
|
|
ZEUS
2169
DELISTED
Olympic Steel
ZEUS
| $10.5M | ﹤0.01% |
922,948
+2,359
| +0.3% | +$26.2K |
|
2170
Greif Class B
GEF.B
$4.11B
| $10.5M | ﹤0.01% |
265,261
+7,716
| +3% | +$320K |
|
2171
Red Rock Resorts
RRR
$3.77B
| $10.5M | ﹤0.01% |
611,625
-43,056
| -7% | -$626K |
|
2172
Stratus Properties
STRS
$156M
| $10.5M | ﹤0.01% |
484,753
-9,568
| -2% | -$189K |
|
2173
MasterCraft Boat Holdings
MCFT
$579M
| $10.4M | ﹤0.01% |
594,821
-56,828
| -9% | -$1.14M |
|
|
HAPN
2174
Happen Inc
HAPN
$2.21B
| $10.4M | ﹤0.01% |
2,204,453
-330,621
| -13% | -$1.74M |
|
2175
RB Global
RBA
$20.4B
| $10.3M | ﹤0.01% |
174,295
+5,290
| +3% | +$279K |
|
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.