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 | |
|---|---|---|---|---|---|---|
2326
BCE
BCE
$20.2B
| $7.49M | ﹤0.01% |
180,646
| – | – |
|
|
SWI
2327
DELISTED
SolarWinds Corporation Common Stock
SWI
| $7.48M | ﹤0.01% |
348,794
+22,273
| +7% | +$454K |
|
2328
Suzano
SUZ
$10.5B
| $7.45M | ﹤0.01% |
912,364
-86,530
| -9% | -$722K |
|
2329
Crawford & Co Class A
CRD.A
$532M
| $7.44M | ﹤0.01% |
1,138,027
-4,492
| -0.4% | -$33.2K |
|
|
FPRX
2330
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $7.44M | ﹤0.01% |
1,582,570
-88,245
| -5% | -$448K |
|
2331
Ardmore Shipping
ASC
$710M
| $7.41M | ﹤0.01% |
2,082,450
-46,343
| -2% | -$181K |
|
|
TTM
2332
DELISTED
Tata Motors Limited
TTM
| $7.41M | ﹤0.01% |
818,959
-86,086
| -10% | -$717K |
|
2333
Transcat
TRNS
$799M
| $7.41M | ﹤0.01% |
252,723
-3,004
| -1% | -$85.5K |
|
2334
Byline Bancorp
BY
$1.78B
| $7.39M | ﹤0.01% |
655,339
+42,639
| +7% | +$533K |
|
|
BAND
2335
Bandwidth Inc
BAND
$1.26B
| $7.37M | ﹤0.01% |
42,235
+11,054
| +35% | +$1.64M |
|
|
AIFU
2336
AIFU Inc
AIFU
$206M
| $7.37M | ﹤0.01% |
1,099
+25
| +2% | +$204K |
|
2337
Expro Ltd
XPRO
$1.79B
| $7.28M | ﹤0.01% |
788,009
-17,420
| -2% | -$234K |
|
2338
Rhythm Pharmaceuticals
RYTM
$6.81B
| $7.26M | ﹤0.01% |
334,814
+12,179
| +4% | +$279K |
|
2339
Beazer Homes USA
BZH
$877M
| $7.18M | ﹤0.01% |
544,299
-4,129
| -0.8% | -$48.2K |
|
2340
Southern First Bancshares
SFST
$591M
| $7.17M | ﹤0.01% |
296,693
-2,516
| -0.8% | -$63.7K |
|
|
PCTI
2341
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $7.15M | ﹤0.01% |
1,263,435
-13,588
| -1% | -$85K |
|
2342
Biglari Holdings Class B
BH
$1.25B
| $7.15M | ﹤0.01% |
80,316
+93
| +0.1% | +$7.63K |
|
2343
Citizens
CIA
$239M
| $7.14M | ﹤0.01% |
1,288,332
-9,064
| -0.7% | -$52.6K |
|
2344
Nordic American Tanker
NAT
$1.38B
| $7.13M | ﹤0.01% |
2,042,565
-22,961
| -1% | -$95.8K |
|
2345
Tidewater
TDW
$3.73B
| $7.12M | ﹤0.01% |
1,061,763
-14,352
| -1% | -$94.3K |
|
|
TEN
2346
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $7.09M | ﹤0.01% |
1,021,956
-223,201
| -18% | -$1.77M |
|
|
HMHC
2347
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $7.05M | ﹤0.01% |
4,075,993
-1,513,383
| -27% | -$3.38M |
|
2348
Home Bancorp
HBCP
$561M
| $7.05M | ﹤0.01% |
291,934
+5,985
| +2% | +$148K |
|
2349
Magnachip Semiconductor
MX
$119M
| $7.04M | ﹤0.01% |
514,238
-6,689
| -1% | -$79.6K |
|
|
GTT
2350
DELISTED
GTT Communications, Inc.
GTT
| $6.99M | ﹤0.01% |
1,354,476
-79,124
| -6% | -$473K |
|
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.