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 | |
|---|---|---|---|---|---|---|
|
SRGA
2276
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $8.36M | ﹤0.01% |
153,904
-3,466
| -2% | -$265K |
|
2277
Liberty Global Class C
LBTYK
$3.53B
| $8.29M | ﹤0.01% |
403,918
| – | – |
|
2278
Saga Communications
SGA
$57M
| $8.28M | ﹤0.01% |
416,610
-227
| -0.1% | -$5.3K |
|
|
ALBO
2279
DELISTED
Albireo Pharma Inc
ALBO
| $8.27M | ﹤0.01% |
247,720
+3,632
| +1% | +$106K |
|
2280
NACCO Industries
NC
$357M
| $8.26M | ﹤0.01% |
453,714
-3,208
| -0.7% | -$69.5K |
|
|
SEI
2281
Solaris Energy Infrastructure
SEI
$3.15B
| $8.26M | ﹤0.01% |
1,302,533
+11,765
| +0.9% | +$86.3K |
|
2282
Korea Electric Power
KEP
$15.3B
| $8.24M | ﹤0.01% |
946,022
-9,111
| -1% | -$76.3K |
|
|
GOOD
2283
Gladstone Commercial Corp
GOOD
$605M
| $8.22M | ﹤0.01% |
488,114
-557
| -0.1% | -$10.2K |
|
|
CUTR
2284
DELISTED
Cutera, Inc.
CUTR
| $8.22M | ﹤0.01% |
433,550
-33,183
| -7% | -$512K |
|
|
SWAV
2285
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $8.18M | ﹤0.01% |
107,978
+63,985
| +145% | +$3.63M |
|
2286
Construction Partners
ROAD
$5.84B
| $8.18M | ﹤0.01% |
449,580
+34,893
| +8% | +$625K |
|
|
BELFB
2287
Bel Fuse Inc Class B
BELFB
$3.87B
| $8.18M | ﹤0.01% |
765,590
-18,193
| -2% | -$206K |
|
2288
Clarus
CLAR
$123M
| $8.16M | ﹤0.01% |
578,170
-7,127
| -1% | -$89.1K |
|
2289
Commercial Vehicle Group
CVGI
$154M
| $8.16M | ﹤0.01% |
1,249,693
-125,955
| -9% | -$486K |
|
2290
Gencor Industries
GENC
$209M
| $8.15M | ﹤0.01% |
738,956
-1,232
| -0.2% | -$15K |
|
|
FFNW
2291
DELISTED
First Financial Northwest, Inc
FFNW
| $8.09M | ﹤0.01% |
886,831
| – | – |
|
2292
Eastern Company
EML
$143M
| $8.08M | ﹤0.01% |
413,862
-399
| -0.1% | -$7.7K |
|
2293
Gildan
GIL
$10.3B
| $8.08M | ﹤0.01% |
410,586
+144,462
| +54% | +$2.67M |
|
2294
Banco Santander Chile
BSAC
$16.3B
| $8.04M | ﹤0.01% |
580,784
-21,923
| -4% | -$349K |
|
2295
BGC Group
BGC
$5.45B
| $8.04M | ﹤0.01% |
3,351,081
-401,440
| -11% | -$1.05M |
|
2296
Old Second Bancorp
OSBC
$1.29B
| $8.02M | ﹤0.01% |
1,069,313
-19,141
| -2% | -$153K |
|
2297
Lindblad Expeditions
LIND
$1.94B
| $8M | ﹤0.01% |
940,393
-18,676
| -2% | -$159K |
|
2298
Heron Therapeutics
HRTX
$93.9M
| $7.97M | ﹤0.01% |
537,909
+107,283
| +25% | +$1.67M |
|
2299
Northeast Bank
NBN
$1.06B
| $7.96M | ﹤0.01% |
432,367
-469
| -0.1% | -$8.34K |
|
2300
FIVE9
FIVN
$2.11B
| $7.89M | ﹤0.01% |
60,849
-13,248
| -18% | -$1.59M |
|
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.