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 |
AbbVie
ABBV
|
+$214M |
| 2 |
Verizon
VZ
|
+$148M |
| 3 |
Otis Worldwide
OTIS
|
+$142M |
| 4 |
Baidu
BIDU
|
+$124M |
| 5 |
Alibaba
BABA
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$324M |
| 2 |
Amazon
AMZN
|
+$313M |
| 3 |
Bank of America
BAC
|
+$264M |
| 4 |
AGN
Allergan plc
AGN
|
+$259M |
| 5 |
Wells Fargo
WFC
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.39% |
| 2 | Financials | 16.29% |
| 3 | Industrials | 12.76% |
| 4 | Healthcare | 11.61% |
| 5 | Consumer Discretionary | 11.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OSG
2326
DELISTED
Overseas Shipholding Group Inc.
OSG
| $7.39M | ﹤0.01% |
3,975,799
+300,072
| +8% | +$665K |
|
2327
Civista Bancshares
CIVB
$608M
| $7.39M | ﹤0.01% |
480,072
+36,630
| +8% | +$533K |
|
2328
Construction Partners
ROAD
$5.88B
| $7.36M | ﹤0.01% |
414,687
+31,140
| +8% | +$531K |
|
|
CIO
2329
DELISTED
City Office REIT
CIO
| $7.33M | ﹤0.01% |
728,437
+10,275
| +1% | +$95K |
|
|
UMH
2330
UMH Properties
UMH
$1.34B
| $7.3M | ﹤0.01% |
564,979
+8,740
| +2% | +$106K |
|
2331
Citizens & Northern Corp
CZNC
$449M
| $7.22M | ﹤0.01% |
349,798
+3,803
| +1% | +$71.8K |
|
|
CMRX
2332
DELISTED
Chimerix, Inc.
CMRX
| $7.22M | ﹤0.01% |
2,327,759
-32,513
| -1% | -$84.1K |
|
2333
First Business Financial Services
FBIZ
$565M
| $7.2M | ﹤0.01% |
437,373
+21,019
| +5% | +$329K |
|
2334
Rhythm Pharmaceuticals
RYTM
$7.31B
| $7.19M | ﹤0.01% |
322,635
+54,104
| +20% | +$1.05M |
|
2335
Culp Inc
CULP
$45.2M
| $7.15M | ﹤0.01% |
830,743
-12,960
| -2% | -$92.1K |
|
2336
Red Rock Resorts
RRR
$3.84B
| $7.14M | ﹤0.01% |
654,681
-7,712
| -1% | -$87.2K |
|
2337
CAE Inc. Common Shares
CAE
$8.44B
| $7.14M | ﹤0.01% |
440,819
+39,834
| +10% | +$616K |
|
2338
BCB Bancorp
BCBP
$179M
| $7.13M | ﹤0.01% |
768,461
+63,073
| +9% | +$604K |
|
2339
Rocket Pharmaceuticals
RCKT
$343M
| $7.12M | ﹤0.01% |
339,908
+64,422
| +23% | +$1.16M |
|
2340
AB InBev
BUD
$164B
| $7.09M | ﹤0.01% |
143,897
-2,070
| -1% | -$96.8K |
|
2341
Independent Bank Corp
IBCP
$796M
| $7.05M | ﹤0.01% |
475,033
-588
| -0.1% | -$8.12K |
|
2342
National CineMedia
NCMI
$378M
| $7.04M | ﹤0.01% |
236,982
-15,854
| -6% | -$476K |
|
2343
Braskem
BAK
$901M
| $7.01M | ﹤0.01% |
811,027
-34,073
| -4% | -$293K |
|
|
IMMU
2344
DELISTED
Immunomedics Inc
IMMU
| $7.01M | ﹤0.01% |
+197,742
| New | +$5.78M |
|
|
SPNE
2345
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $6.96M | ﹤0.01% |
664,813
-15,981
| -2% | -$163K |
|
|
GV
2346
DELISTED
Goldfield Corporation
GV
| $6.93M | ﹤0.01% |
1,868,472
+7,572
| +0.4% | +$26.4K |
|
2347
Kinross Gold
KGC
$27.7B
| $6.92M | ﹤0.01% |
957,923
+41,600
| +5% | +$270K |
|
2348
RB Global
RBA
$21.5B
| $6.9M | ﹤0.01% |
169,005
+6,548
| +4% | +$268K |
|
2349
Grupo Aeroportuario del Sureste
ASR
$8.16B
| $6.89M | ﹤0.01% |
61,353
-6,677
| -10% | -$708K |
|
|
FARM
2350
DELISTED
Farmer Brothers
FARM
| $6.89M | ﹤0.01% |
938,626
-6,056
| -0.6% | -$48.7K |
|
Similar funds
Dimensional Fund Advisors's Q2 2020 Portfolio in Review
As of Q2 2020, Dimensional Fund Advisors held 3,428 positions worth $228B, up 19% from $192B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q2 2020: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 54 new positions and exited 89, leaving the 3,428-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q2 2020 buy was Otis Worldwide: 2,746,401 shares worth $156M.
- Dimensional Fund Advisors added most to AbbVie in Q2 2020, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q2 2020 reduction was Apple, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited Allergan plc in Q2 2020, selling an estimated $259M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $228B portfolio in Q2 2020.
- Dimensional Fund Advisors opened 54 new positions and closed 89 in Q2 2020.
- Dimensional Fund Advisors's portfolio value rose 19% quarter-over-quarter to $228B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2020, filed 13 Aug 2020.