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 | |
|---|---|---|---|---|---|---|
2351
Restaurant Brands International
QSR
$25.7B
| $6.98M | ﹤0.01% |
121,442
| – | – |
|
2352
Mitek Systems
MITK
$754M
| $6.96M | ﹤0.01% |
546,708
+29,790
| +6% | +$336K |
|
|
AE
2353
DELISTED
Adams Resources & Energy Inc
AE
| $6.94M | ﹤0.01% |
348,779
-2,294
| -0.7% | -$50.8K |
|
2354
Methanex
MEOH
$4.3B
| $6.87M | ﹤0.01% |
281,668
+2,137
| +0.8% | +$45.4K |
|
2355
Fortis
FTS
$29B
| $6.87M | ﹤0.01% |
168,112
| – | – |
|
|
GTHX
2356
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $6.87M | ﹤0.01% |
594,507
+14,297
| +2% | +$236K |
|
2357
Provident Financial
PROV
$111M
| $6.83M | ﹤0.01% |
574,232
-1,440
| -0.3% | -$17.6K |
|
|
ESSA
2358
DELISTED
ESSA Bancorp
ESSA
| $6.79M | ﹤0.01% |
550,430
| – | – |
|
2359
Columbia Financial
CLBK
$1.12B
| $6.78M | ﹤0.01% |
610,391
+46,343
| +8% | +$548K |
|
|
FNHC
2360
DELISTED
FedNat Holding Company Common Stock
FNHC
| $6.74M | ﹤0.01% |
1,066,030
-34,659
| -3% | -$314K |
|
|
CNR
2361
Core Natural Resources Inc
CNR
$4.02B
| $6.7M | ﹤0.01% |
1,512,212
-23,102
| -2% | -$121K |
|
2362
PG&E
PCG
$38.3B
| $6.7M | ﹤0.01% |
713,354
+174,126
| +32% | +$1.61M |
|
|
CSII
2363
DELISTED
Cardiovascular Systems, Inc.
CSII
| $6.69M | ﹤0.01% |
170,033
+31,242
| +23% | +$1.01M |
|
2364
Upwork
UPWK
$1.13B
| $6.69M | ﹤0.01% |
383,547
+12,259
| +3% | +$184K |
|
2365
Franco-Nevada
FNV
$41.1B
| $6.65M | ﹤0.01% |
47,648
| – | – |
|
2366
Ultralife
ULBI
$86.4M
| $6.65M | ﹤0.01% |
1,126,391
+1,300
| +0.1% | +$8.54K |
|
2367
SSR Mining
SSRM
$5.32B
| $6.63M | ﹤0.01% |
355,060
-2,004
| -0.6% | -$42.7K |
|
|
ONC
2368
BeOne Medicines Ltd
ONC
$32.8B
| $6.62M | ﹤0.01% |
23,180
+807
| +4% | +$190K |
|
|
SLCA
2369
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $6.6M | ﹤0.01% |
2,199,356
+24,967
| +1% | +$92.8K |
|
2370
Thomson Reuters
TRI
$42.8B
| $6.58M | ﹤0.01% |
78,282
+12,169
| +18% | +$947K |
|
|
CIO
2371
DELISTED
City Office REIT
CIO
| $6.58M | ﹤0.01% |
874,613
+146,176
| +20% | +$1.26M |
|
2372
Tandem Diabetes Care
TNDM
$1.34B
| $6.56M | ﹤0.01% |
57,814
-19,827
| -26% | -$2.08M |
|
|
MRLN
2373
DELISTED
Marlin Business Services Corp
MRLN
| $6.55M | ﹤0.01% |
929,007
-56,644
| -6% | -$412K |
|
|
USAK
2374
DELISTED
USA Truck Inc
USAK
| $6.52M | ﹤0.01% |
690,258
+2,356
| +0.3% | +$24K |
|
|
ROCC
2375
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $6.51M | ﹤0.01% |
660,534
-38,045
| -5% | -$404K |
|
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.