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 |
Concentrix
CNXC
|
+$196M |
| 2 |
Tesla
TSLA
|
+$162M |
| 3 |
PROG Holdings
PRG
|
+$150M |
| 4 |
Morgan Stanley
MS
|
+$120M |
| 5 |
Unilever
UL
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$284M |
| 2 |
Comcast
CMCSA
|
+$222M |
| 3 |
ExxonMobil
XOM
|
+$166M |
| 4 |
AAN.A
The Aaron's Company Inc Class A
AAN.A
|
+$165M |
| 5 |
TD Synnex
SNX
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.83% |
| 2 | Technology | 16.31% |
| 3 | Industrials | 13.47% |
| 4 | Consumer Discretionary | 12.13% |
| 5 | Healthcare | 10.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OTIC
2376
DELISTED
Otonomy, Inc.
OTIC
| $7.6M | ﹤0.01% |
1,174,026
+5,483
| +0.5% | +$24.9K |
|
2377
Restaurant Brands International
QSR
$26.2B
| $7.55M | ﹤0.01% |
123,563
+2,121
| +2% | +$124K |
|
2378
National CineMedia
NCMI
$378M
| $7.53M | ﹤0.01% |
202,496
-21,883
| -10% | -$665K |
|
|
BPMC
2379
DELISTED
Blueprint Medicines
BPMC
| $7.5M | ﹤0.01% |
66,862
+24,029
| +56% | +$2.53M |
|
|
TVTY
2380
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $7.49M | ﹤0.01% |
382,204
+79,282
| +26% | +$1.32M |
|
2381
Bally's
BALY
$708M
| $7.48M | ﹤0.01% |
149,071
+25,994
| +21% | +$912K |
|
2382
Blue Bird Corp
BLBD
$2.29B
| $7.45M | ﹤0.01% |
408,204
+1,129
| +0.3% | +$16.5K |
|
|
NVTA
2383
DELISTED
Invitae Corporation
NVTA
| $7.44M | ﹤0.01% |
178,031
+88,284
| +98% | +$4.22M |
|
2384
Magnachip Semiconductor
MX
$110M
| $7.42M | ﹤0.01% |
549,133
+34,895
| +7% | +$481K |
|
2385
Consumer Portfolio Services
CPSS
$209M
| $7.4M | ﹤0.01% |
1,745,177
-12,406
| -0.7% | -$50K |
|
|
STEL
2386
DELISTED
Stellar Bancorp
STEL
| $7.38M | ﹤0.01% |
289,112
+14,076
| +5% | +$304K |
|
2387
NVE Corp
NVEC
$543M
| $7.33M | ﹤0.01% |
130,501
+164
| +0.1% | +$8.42K |
|
2388
Citizens
CIA
$248M
| $7.29M | ﹤0.01% |
1,272,413
-15,919
| -1% | -$95.7K |
|
|
CALA
2389
DELISTED
Calithera Biosciences, Inc
CALA
| $7.27M | ﹤0.01% |
74,062
-303
| -0.4% | -$26.6K |
|
|
CWBC
2390
Community West Bancshares
CWBC
$685M
| $7.27M | ﹤0.01% |
488,128
+1,490
| +0.3% | +$21.3K |
|
|
LUNA
2391
DELISTED
Luna Innovations Incorporated
LUNA
| $7.26M | ﹤0.01% |
735,198
+28,687
| +4% | +$229K |
|
|
BFS
2392
Saul Centers
BFS
$858M
| $7.22M | ﹤0.01% |
227,944
+1,955
| +0.9% | +$57.8K |
|
|
CBAY
2393
DELISTED
Cymabay Therapeutics
CBAY
| $7.19M | ﹤0.01% |
1,251,986
+207,251
| +20% | +$1.57M |
|
2394
Rigel Pharmaceuticals
RIGL
$723M
| $7.16M | ﹤0.01% |
204,614
-4,809
| -2% | -$139K |
|
|
FONR
2395
DELISTED
Fonar
FONR
| $7.1M | ﹤0.01% |
409,157
-517
| -0.1% | -$10.1K |
|
2396
Southern Missouri Bancorp
SMBC
$862M
| $7.1M | ﹤0.01% |
233,223
+2,689
| +1% | +$74.7K |
|
2397
Ultralife
ULBI
$88.3M
| $7.1M | ﹤0.01% |
1,097,073
-29,318
| -3% | -$185K |
|
2398
Peabody Energy
BTU
$2.54B
| $7.09M | ﹤0.01% |
2,943,978
-1,446,326
| -33% | -$2.35M |
|
|
AUD
2399
DELISTED
Audacy, Inc.
AUD
| $7.06M | ﹤0.01% |
2,860,020
-531,393
| -16% | -$1.09M |
|
|
ZAGG
2400
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $7.05M | ﹤0.01% |
1,691,783
-47,686
| -3% | -$167K |
|
Similar funds
Dimensional Fund Advisors's Q4 2020 Portfolio in Review
As of Q4 2020, Dimensional Fund Advisors held 3,414 positions worth $277B, up 17% from $236B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Trading was light in Q4 2020: portfolio turnover was 4.5%. Dimensional Fund Advisors opened 81 new positions and exited 72, leaving the 3,414-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 15% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q4 2020 buy was Concentrix: 1,965,264 shares worth $194M.
- Dimensional Fund Advisors added most to Tesla in Q4 2020, an estimated $162M increase.
- Dimensional Fund Advisors's biggest Q4 2020 reduction was Apple, cutting an estimated $284M.
- Dimensional Fund Advisors fully exited The Aaron's Company Inc Class A in Q4 2020, selling an estimated $165M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $277B portfolio in Q4 2020.
- Dimensional Fund Advisors opened 81 new positions and closed 72 in Q4 2020.
- Dimensional Fund Advisors's portfolio value rose 17% quarter-over-quarter to $277B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2020, filed 11 Feb 2021.