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 | |
|---|---|---|---|---|---|---|
2151
Grupo Aeroportuario del Pacifico
PAC
$12.9B
| $13.8M | 0.01% |
123,726
-14,431
| -10% | -$1.43M |
|
2152
Vale
VALE
$62.3B
| $13.7M | 0.01% |
818,905
-634,842
| -44% | -$8.46M |
|
|
AGR
2153
DELISTED
Avangrid, Inc.
AGR
| $13.7M | ﹤0.01% |
301,138
+25,694
| +9% | +$1.26M |
|
2154
Sanofi
SNY
$107B
| $13.7M | ﹤0.01% |
281,301
-113,164
| -29% | -$5.58M |
|
2155
APA Corp
APA
$13B
| $13.6M | ﹤0.01% |
961,276
-1,530,508
| -61% | -$17.8M |
|
2156
Oil-Dri
ODC
$1.43B
| $13.6M | ﹤0.01% |
800,832
-13,772
| -2% | -$244K |
|
|
CNCE
2157
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $13.6M | ﹤0.01% |
1,079,170
-15,405
| -1% | -$176K |
|
2158
Utah Medical Products
UTMD
$226M
| $13.6M | ﹤0.01% |
161,806
-4,533
| -3% | -$386K |
|
|
MCBC
2159
DELISTED
Macatawa Bank Corp
MCBC
| $13.6M | ﹤0.01% |
1,628,526
-24,208
| -1% | -$187K |
|
2160
Liberty Energy
LBRT
$2.79B
| $13.6M | ﹤0.01% |
1,320,684
+144,011
| +12% | +$1.31M |
|
2161
Construction Partners
ROAD
$5.88B
| $13.6M | ﹤0.01% |
466,599
+17,019
| +4% | +$407K |
|
2162
Franklin Covey
FC
$239M
| $13.5M | ﹤0.01% |
607,070
-6,686
| -1% | -$139K |
|
2163
Tiptree Inc
TIPT
$694M
| $13.4M | ﹤0.01% |
2,672,266
-67,130
| -2% | -$348K |
|
2164
Metallus
MTUS
$833M
| $13.4M | ﹤0.01% |
2,871,926
-157,290
| -5% | -$711K |
|
2165
RPC Inc
RES
$1.13B
| $13.4M | ﹤0.01% |
4,246,075
+23,078
| +0.5% | +$69.4K |
|
2166
Nektar Therapeutics
NKTR
$2.39B
| $13.3M | ﹤0.01% |
52,265
-451
| -0.9% | -$117K |
|
2167
Select Water Solutions
WTTR
$2.22B
| $13.3M | ﹤0.01% |
3,251,176
-117,115
| -3% | -$471K |
|
|
TBRG
2168
DELISTED
TruBridge
TBRG
| $13.3M | ﹤0.01% |
496,507
+6,914
| +1% | +$195K |
|
2169
Tower Semiconductor
TSEM
$21.2B
| $13.3M | ﹤0.01% |
515,710
+12,466
| +2% | +$285K |
|
2170
CNB Financial Corp
CCNE
$1.05B
| $13.2M | ﹤0.01% |
621,503
+11,886
| +2% | +$229K |
|
2171
Hingham Institution for Saving
HIFS
$624M
| $13.2M | ﹤0.01% |
61,077
-2,921
| -5% | -$622K |
|
|
PTVCB
2172
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $13.2M | ﹤0.01% |
959,631
-12,603
| -1% | -$178K |
|
2173
Colliers International
CIGI
$5.17B
| $13.1M | ﹤0.01% |
147,299
+500
| +0.3% | +$39.9K |
|
2174
Protagonist Therapeutics
PTGX
$8.55B
| $13.1M | ﹤0.01% |
649,540
-35,716
| -5% | -$769K |
|
|
CNR
2175
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $13.1M | ﹤0.01% |
1,409,183
+71,286
| +5% | +$633K |
|
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.