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 | |
|---|---|---|---|---|---|---|
2376
Frequency Electronics
FEIM
$635M
| $6.48M | ﹤0.01% |
640,659
-7,126
| -1% | -$71.8K |
|
2377
Astronics
ATRO
$3.43B
| $6.42M | ﹤0.01% |
998,329
-164,254
| -14% | -$1.25M |
|
2378
NVE Corp
NVEC
$562M
| $6.4M | ﹤0.01% |
130,337
-6,528
| -5% | -$362K |
|
2379
Grupo Aeroportuario del Sureste
ASR
$8.27B
| $6.37M | ﹤0.01% |
54,908
-6,445
| -11% | -$701K |
|
|
RESI
2380
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $6.35M | ﹤0.01% |
726,325
+101,013
| +16% | +$917K |
|
2381
Harvard Bioscience
HBIO
$27.5M
| $6.32M | ﹤0.01% |
210,107
-6,585
| -3% | -$221K |
|
2382
Orion Group Holdings
ORN
$396M
| $6.28M | ﹤0.01% |
2,285,261
-72,367
| -3% | -$207K |
|
2383
Entravision Communication
EVC
$1.03B
| $6.27M | ﹤0.01% |
4,127,778
-521,463
| -11% | -$749K |
|
2384
First Business Financial Services
FBIZ
$587M
| $6.23M | ﹤0.01% |
435,661
-1,712
| -0.4% | -$26.6K |
|
2385
BCB Bancorp
BCBP
$173M
| $6.18M | ﹤0.01% |
773,024
+4,563
| +0.6% | +$38.2K |
|
|
EVRI
2386
DELISTED
Everi Holdings
EVRI
| $6.17M | ﹤0.01% |
747,918
-20,979
| -3% | -$146K |
|
2387
VEON
VEON
$3.62B
| $6.13M | ﹤0.01% |
194,618
-58,298
| -23% | -$2.24M |
|
2388
Shore Bancshares
SHBI
$819M
| $6.1M | ﹤0.01% |
555,900
-2,020
| -0.4% | -$20.2K |
|
2389
FS Bancorp
FSBW
$319M
| $6.09M | ﹤0.01% |
297,260
+5,918
| +2% | +$115K |
|
2390
National CineMedia
NCMI
$376M
| $6.09M | ﹤0.01% |
224,379
-12,603
| -5% | -$396K |
|
2391
Civista Bancshares
CIVB
$604M
| $6.07M | ﹤0.01% |
484,639
+4,567
| +1% | +$62.3K |
|
2392
Nature's Sunshine
NATR
$354M
| $6.02M | ﹤0.01% |
520,016
-6,768
| -1% | -$72.4K |
|
|
CWBC
2393
Community West Bancshares
CWBC
$679M
| $6.01M | ﹤0.01% |
486,638
+4,424
| +0.9% | +$57.5K |
|
|
BFS
2394
Saul Centers
BFS
$836M
| $6.01M | ﹤0.01% |
225,989
+15,601
| +7% | +$454K |
|
2395
Beyond Meat
BYND
$292M
| $5.96M | ﹤0.01% |
35,923
+19,359
| +117% | +$2.62M |
|
|
GHL
2396
DELISTED
Greenhill & Co., Inc.
GHL
| $5.96M | ﹤0.01% |
525,475
-49,215
| -9% | -$561K |
|
2397
Independent Bank Corp
IBCP
$787M
| $5.95M | ﹤0.01% |
473,030
-2,003
| -0.4% | -$28K |
|
2398
Kontoor Brands
KTB
$4.63B
| $5.91M | ﹤0.01% |
244,404
+9,232
| +4% | +$193K |
|
|
RTL
2399
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $5.91M | ﹤0.01% |
942,223
+196,601
| +26% | +$1.39M |
|
|
NPKI
2400
NPK International
NPKI
$1.06B
| $5.91M | ﹤0.01% |
5,623,838
-679,586
| -11% | -$1.25M |
|
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.