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 | |
|---|---|---|---|---|---|---|
2251
Inovio Pharmaceuticals
INO
$55.7M
| $8.73M | ﹤0.01% |
62,729
-2,111
| -3% | -$440K |
|
|
CHA
2252
DELISTED
China Telecom Corporation, LTD
CHA
| $8.72M | ﹤0.01% |
290,547
| – | – |
|
2253
BrightView Holdings
BV
$1.22B
| $8.72M | ﹤0.01% |
764,753
+172,830
| +29% | +$2.07M |
|
|
TDAY
2254
USA Today Co
TDAY
$1.27B
| $8.71M | ﹤0.01% |
6,702,837
-569,484
| -8% | -$868K |
|
|
QUOT
2255
DELISTED
Quotient Technology Inc
QUOT
| $8.71M | ﹤0.01% |
1,180,440
+32,050
| +3% | +$260K |
|
|
TCS
2256
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $8.69M | ﹤0.01% |
93,307
+3,426
| +4% | +$220K |
|
|
OSG
2257
DELISTED
Overseas Shipholding Group Inc.
OSG
| $8.67M | ﹤0.01% |
4,051,348
+75,549
| +2% | +$164K |
|
2258
Flotek Industries
FTK
$852M
| $8.67M | ﹤0.01% |
533,138
-26,884
| -5% | -$313K |
|
2259
Natural Gas Services Group
NGS
$472M
| $8.63M | ﹤0.01% |
1,021,678
-22,432
| -2% | -$170K |
|
|
AMNB
2260
DELISTED
American National Bankshares Inc
AMNB
| $8.63M | ﹤0.01% |
412,461
+2,748
| +0.7% | +$62.4K |
|
2261
Atlanticus Holdings
ATLC
$1.59B
| $8.57M | ﹤0.01% |
720,252
-17,475
| -2% | -$176K |
|
2262
Vericel Corp
VCEL
$2.35B
| $8.56M | ﹤0.01% |
462,153
+24,663
| +6% | +$408K |
|
|
FONR
2263
DELISTED
Fonar
FONR
| $8.55M | ﹤0.01% |
409,674
+2,169
| +0.5% | +$52.3K |
|
2264
Primis Financial Corp
FRST
$399M
| $8.54M | ﹤0.01% |
983,529
-1,163
| -0.1% | -$10.2K |
|
2265
Limoneira
LMNR
$235M
| $8.52M | ﹤0.01% |
595,840
-23,360
| -4% | -$335K |
|
|
HTB
2266
HomeTrust Bancshares
HTB
$860M
| $8.51M | ﹤0.01% |
626,470
-1,364
| -0.2% | -$19.7K |
|
2267
Assembly Biosciences
ASMB
$498M
| $8.51M | ﹤0.01% |
43,122
+88
| +0.2% | +$22.2K |
|
2268
CRISPR Therapeutics
CRSP
$4.73B
| $8.51M | ﹤0.01% |
101,657
+645
| +0.6% | +$57.2K |
|
2269
Banco de Chile
BCH
$20.9B
| $8.5M | ﹤0.01% |
562,682
| – | – |
|
|
VSLR
2270
DELISTED
VIVINT SOLAR, INC.
VSLR
| $8.47M | ﹤0.01% |
200,259
+30,796
| +18% | +$794K |
|
2271
Key Tronic
KTCC
$42.8M
| $8.47M | ﹤0.01% |
860,065
-349
| -0% | -$2.71K |
|
2272
AnaptysBio
ANAB
$1.58B
| $8.45M | ﹤0.01% |
572,727
+18,139
| +3% | +$327K |
|
|
LX
2273
LexinFintech Holdings
LX
$241M
| $8.42M | ﹤0.01% |
1,232,425
+3,194
| +0.3% | +$27.8K |
|
2274
Barnes & Noble Education
BNED
$431M
| $8.37M | ﹤0.01% |
32,449
-2,368
| -7% | -$533K |
|
|
UMH
2275
UMH Properties
UMH
$1.29B
| $8.37M | ﹤0.01% |
618,030
+53,051
| +9% | +$707K |
|
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.