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 | |
|---|---|---|---|---|---|---|
2301
3D Systems Corp
DDD
$431M
| $7.85M | ﹤0.01% |
1,598,737
-2,238
| -0.1% | -$13.3K |
|
2302
Rocket Pharmaceuticals
RCKT
$340M
| $7.84M | ﹤0.01% |
343,012
+3,104
| +0.9% | +$76.5K |
|
|
GV
2303
DELISTED
Goldfield Corporation
GV
| $7.83M | ﹤0.01% |
1,851,855
-16,617
| -0.9% | -$67.2K |
|
|
DLA
2304
DELISTED
Delta Apparel Inc.
DLA
| $7.83M | ﹤0.01% |
549,430
-13,222
| -2% | -$183K |
|
2305
Cleveland-Cliffs
CLF
$6.57B
| $7.82M | ﹤0.01% |
1,217,899
-4,412,713
| -78% | -$26.6M |
|
|
NOAH
2306
Noah Holdings
NOAH
$580M
| $7.82M | ﹤0.01% |
299,815
-1,130
| -0.4% | -$33.3K |
|
|
SPPI
2307
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $7.8M | ﹤0.01% |
1,912,641
+122,287
| +7% | +$465K |
|
|
IVAC
2308
DELISTED
Intevac Inc
IVAC
| $7.79M | ﹤0.01% |
1,413,101
-3,347
| -0.2% | -$19.3K |
|
|
XRN
2309
Chiron Real Estate Inc
XRN
$514M
| $7.78M | ﹤0.01% |
115,310
+4,954
| +4% | +$310K |
|
|
RYZ
2310
Ryerson Holding Corp
RYZ
$1.44B
| $7.78M | ﹤0.01% |
1,357,134
+7,150
| +0.5% | +$41.5K |
|
|
ZVO
2311
DELISTED
Zovio Inc. Common Stock
ZVO
| $7.76M | ﹤0.01% |
1,940,440
-69,326
| -3% | -$305K |
|
2312
AB InBev
BUD
$170B
| $7.76M | ﹤0.01% |
143,984
+87
| +0.1% | +$4.82K |
|
|
SRG
2313
Seritage Growth Properties
SRG
$136M
| $7.73M | ﹤0.01% |
575,025
+51,552
| +10% | +$631K |
|
2314
Oil States International
OIS
$489M
| $7.73M | ﹤0.01% |
2,831,873
-525,682
| -16% | -$2.28M |
|
|
FSP
2315
Franklin Street Properties
FSP
$47.2M
| $7.7M | ﹤0.01% |
2,104,504
+372,105
| +21% | +$1.74M |
|
2316
Monarch Casino & Resort
MCRI
$2.2B
| $7.69M | ﹤0.01% |
172,390
+691
| +0.4% | +$28.3K |
|
2317
Ferrari
RACE
$69.2B
| $7.68M | ﹤0.01% |
41,700
+5,645
| +16% | +$1.05M |
|
|
TREC
2318
DELISTED
Trecora Resources
TREC
| $7.62M | ﹤0.01% |
1,240,664
+1,420
| +0.1% | +$8.63K |
|
2319
Quad
QUAD
$536M
| $7.58M | ﹤0.01% |
2,500,109
-55,794
| -2% | -$185K |
|
|
RPT
2320
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $7.57M | ﹤0.01% |
1,392,014
+86,274
| +7% | +$530K |
|
|
CBAY
2321
DELISTED
Cymabay Therapeutics
CBAY
| $7.56M | ﹤0.01% |
1,044,735
+134,432
| +15% | +$719K |
|
|
HNGR
2322
DELISTED
Hanger Inc.
HNGR
| $7.55M | ﹤0.01% |
477,051
+6,865
| +1% | +$124K |
|
2323
Riverview Bancorp
RVSB
$107M
| $7.54M | ﹤0.01% |
1,817,474
-7,086
| -0.4% | -$31.8K |
|
2324
Eldorado Gold
EGO
$7.87B
| $7.53M | ﹤0.01% |
713,986
+222,910
| +45% | +$2.5M |
|
2325
InterContinental Hotels
IHG
$23.9B
| $7.52M | ﹤0.01% |
143,225
+4,650
| +3% | +$243K |
|
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.