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 | |
|---|---|---|---|---|---|---|
2426
W&T Offshore
WTI
$534M
| $5.44M | ﹤0.01% |
3,021,577
-222,134
| -7% | -$492K |
|
2427
Southern Missouri Bancorp
SMBC
$852M
| $5.44M | ﹤0.01% |
230,534
+1,946
| +0.9% | +$44.5K |
|
|
PWOD
2428
DELISTED
Penns Woods Bancorp
PWOD
| $5.43M | ﹤0.01% |
273,563
| – | – |
|
2429
Mesa Laboratories
MLAB
$564M
| $5.4M | ﹤0.01% |
21,195
-42,908
| -67% | -$10.2M |
|
2430
GSI Technology
GSIT
$215M
| $5.35M | ﹤0.01% |
949,114
-430
| -0% | -$2.73K |
|
2431
Graham Corp
GHM
$1.12B
| $5.32M | ﹤0.01% |
416,910
-3,870
| -0.9% | -$50.7K |
|
2432
Acacia Research
ACTG
$428M
| $5.29M | ﹤0.01% |
1,523,536
-17,441
| -1% | -$67.9K |
|
2433
Celestica
CLS
$38.1B
| $5.27M | ﹤0.01% |
763,662
+34,644
| +5% | +$260K |
|
|
KIN
2434
DELISTED
Kindred Biosciences, Inc.
KIN
| $5.26M | ﹤0.01% |
1,226,424
-13,647
| -1% | -$57K |
|
|
KG
2435
Kestrel Group
KG
$69.4M
| $5.25M | ﹤0.01% |
215,044
-16,987
| -7% | -$454K |
|
|
EBTC
2436
DELISTED
Enterprise Bancorp
EBTC
| $5.24M | ﹤0.01% |
249,359
+1,055
| +0.4% | +$23K |
|
|
PBPB
2437
DELISTED
Potbelly
PBPB
| $5.19M | ﹤0.01% |
1,370,176
-157,970
| -10% | -$558K |
|
|
BRY
2438
DELISTED
Berry Corp
BRY
| $5.18M | ﹤0.01% |
1,632,919
-53,746
| -3% | -$226K |
|
2439
SmartFinancial
SMBK
$896M
| $5.16M | ﹤0.01% |
379,884
-539
| -0.1% | -$7.62K |
|
|
CALA
2440
DELISTED
Calithera Biosciences, Inc
CALA
| $5.13M | ﹤0.01% |
74,365
-5,052
| -6% | -$441K |
|
2441
SM Energy
SM
$7.8B
| $5.12M | ﹤0.01% |
3,220,548
-1,233,066
| -28% | -$3.44M |
|
2442
Crawford & Co Class B
CRD.B
$491M
| $5.1M | ﹤0.01% |
791,850
| – | – |
|
2443
Aegon
AEG
$14B
| $5.08M | ﹤0.01% |
2,150,472
+69,594
| +3% | +$185K |
|
2444
Rigel Pharmaceuticals
RIGL
$681M
| $5.03M | ﹤0.01% |
209,423
+1,517
| +0.7% | +$37.2K |
|
|
NETI
2445
DELISTED
Eneti Inc.
NETI
| $4.99M | ﹤0.01% |
352,356
| – | – |
|
|
SYRS
2446
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $4.98M | ﹤0.01% |
56,280
-97
| -0.2% | -$11K |
|
|
LUB
2447
DELISTED
Luby's Inc.
LUB
| $4.96M | ﹤0.01% |
1,736,067
-137,130
| -7% | -$208K |
|
2448
Blue Bird Corp
BLBD
$2.35B
| $4.95M | ﹤0.01% |
407,075
-528
| -0.1% | -$6.61K |
|
|
ARA
2449
DELISTED
American Renal Associates Holdings, Inc
ARA
| $4.9M | ﹤0.01% |
710,445
-39,928
| -5% | -$262K |
|
|
SNR
2450
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $4.89M | ﹤0.01% |
1,222,135
-10,251
| -0.8% | -$40.3K |
|
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.