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 | |
|---|---|---|---|---|---|---|
|
PWOD
2401
DELISTED
Penns Woods Bancorp
PWOD
| $7.05M | ﹤0.01% |
271,165
-2,398
| -0.9% | -$57.5K |
|
|
CGC
2402
Canopy Growth
CGC
$376M
| $7.05M | ﹤0.01% |
28,621
-3,011
| -10% | -$687K |
|
2403
Purple Innovation
PRPL
$34.5M
| $7.03M | ﹤0.01% |
8,541
+5,025
| +143% | +$3.66M |
|
2404
Amtech Systems
ASYS
$239M
| $7.03M | ﹤0.01% |
1,101,212
-40,733
| -4% | -$242K |
|
|
CSTR
2405
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $7.02M | ﹤0.01% |
475,845
+6,494
| +1% | +$78.2K |
|
2406
SSR Mining
SSRM
$5.19B
| $7M | ﹤0.01% |
348,245
-6,815
| -2% | -$130K |
|
2407
Atlanta Braves Holdings Series A
BATRA
$3.51B
| $6.99M | ﹤0.01% |
280,828
+12,752
| +5% | +$304K |
|
2408
SmartFinancial
SMBK
$906M
| $6.98M | ﹤0.01% |
384,852
+4,968
| +1% | +$81.8K |
|
2409
Citizens & Northern Corp
CZNC
$449M
| $6.97M | ﹤0.01% |
351,184
+853
| +0.2% | +$15.7K |
|
|
ECOM
2410
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $6.97M | ﹤0.01% |
435,859
+48,415
| +12% | +$763K |
|
2411
C&F Financial
CFFI
$275M
| $6.95M | ﹤0.01% |
187,297
-1,100
| -0.6% | -$38K |
|
|
UBA
2412
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $6.94M | ﹤0.01% |
490,913
-14,744
| -3% | -$176K |
|
2413
Fastly Inc
FSLY
$3.24B
| $6.92M | ﹤0.01% |
79,219
+42,912
| +118% | +$3.78M |
|
2414
Fortis
FTS
$29.3B
| $6.89M | ﹤0.01% |
168,912
+800
| +0.5% | +$32.8K |
|
2415
GSI Technology
GSIT
$201M
| $6.88M | ﹤0.01% |
929,999
-19,115
| -2% | -$126K |
|
2416
Gildan
GIL
$9.49B
| $6.88M | ﹤0.01% |
245,590
-164,996
| -40% | -$4.06M |
|
|
RAD
2417
DELISTED
Rite Aid Corporation
RAD
| $6.88M | ﹤0.01% |
434,293
-8,330
| -2% | -$107K |
|
2418
Frequency Electronics
FEIM
$569M
| $6.84M | ﹤0.01% |
632,523
-8,136
| -1% | -$82.6K |
|
|
LTRPA
2419
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $6.8M | ﹤0.01% |
1,566,753
-934,554
| -37% | -$2.53M |
|
2420
ASE Group
ASX
$68.3B
| $6.79M | ﹤0.01% |
1,161,515
-183,386
| -14% | -$915K |
|
|
BAND
2421
Bandwidth Inc
BAND
$1.18B
| $6.79M | ﹤0.01% |
44,180
+1,945
| +5% | +$321K |
|
2422
Cardlytics
CDLX
$22.2M
| $6.73M | ﹤0.01% |
4,715
| – | – |
|
|
IIN
2423
DELISTED
IntriCon Corporation
IIN
| $6.7M | ﹤0.01% |
370,352
-3,943
| -1% | -$60.2K |
|
|
CHA
2424
DELISTED
China Telecom Corporation, LTD
CHA
| $6.7M | ﹤0.01% |
243,196
-47,351
| -16% | -$1.45M |
|
2425
Ardmore Shipping
ASC
$683M
| $6.68M | ﹤0.01% |
2,043,093
-39,357
| -2% | -$125K |
|
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.