13F filer · CIK 354204 ↗
Dimensional Fund Advisors LP
You are looking at Q4 2020. See the latest, Q2 2026 →
Reported value
$276.93B
+17% on the quarter before
Positions
3,342
111 new · 100 sold out
Top 10
10.5%
of the value
Est. gain
+$43.02B
on stocks held all quarter
Est. return
+18.9%
on those stocks since Q3 2020
Positions as of Dec 31, 2020, from Dimensional Fund Advisors LP's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 17% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2020. Striped tiles are options.
Largest buys
Since Q3 2020, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Viatris Inc~$237.1MNew · 0.0% → 0.1%+12,653,672 shares
- Tesla~$222.8MAdded · 0.1% → 0.3%+315,773 shares
- Concentrix Corp~$194.0MNew · 0.0% → 0.1%+1,965,264 shares
- Prog Holdings Inc~$156.6MNew · 0.0% → 0.1%+2,907,625 shares
- Morgan Stanley~$143.8MAdded · 0.2% → 0.3%+2,098,498 shares
- Vereit Inc~$119.0MNew · 0.0% → 0.0%+3,149,798 shares
- Unilever Plc~$112.6MAdded · 0.0% → 0.1%+1,865,442 shares
- Liberty Broadband Corp~$111.6MAdded · 0.1% → 0.1%+704,504 shares
- Schwab Charles Corp~$97.1MAdded · 0.1% → 0.1%+1,830,888 shares
- Cmc Materials Inc~$95.1MNew · 0.0% → 0.0%+628,534 shares
Largest sells
Since Q3 2020, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Apple~$313.7MCut · 2.7% → 2.5%−2,363,948 shares
- Comcast Corp New~$242.7MCut · 0.9% → 0.8%−4,631,875 shares
- Exxon Mobil Corp~$182.3MCut · 0.3% → 0.3%−4,422,522 shares
- Aarons Inc~$164.7MSold out · 0.1% → 0.0%−2,907,877 shares
- Intel~$154.2MCut · 0.9% → 0.7%−3,095,869 shares
- Mylan Nv~$115.9MSold out · 0.0% → 0.0%−7,817,413 shares
- Chevron Corp New~$104.6MCut · 0.4% → 0.3%−1,238,016 shares
- Vereit Inc~$102.9MSold out · 0.0% → 0.0%−15,831,511 shares
- Unilever N V~$100.3MSold out · 0.0% → 0.0%−1,659,922 shares
- E Trade Financial Corp~$98.6MSold out · 0.0% → 0.0%−1,970,422 shares
Holdings
As of Dec 31, 2020. Changes are in shares against Sep 30, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares −4.3% · price +14.6% | 2.5% | $6.91B | +$880.0M | ||||||||
| MicrosoftCOM · shares +1.7% · price +5.8% | 1.8% | $5.04B | +$270.0M | ||||||||
| AmazonCOM · shares +2.2% · price +3.4% | 1.4% | $3.93B | +$128.2M | ||||||||
| Jpmorgan Chase & CoCOM · shares −1.3% · price +32.0% | 0.93% | $2.58B | +$626.3M | ||||||||
| Comcast Corp NewCLA · shares −10% · price +13.3% | 0.78% | $2.17B | +$254.1M | ||||||||
| IntelCOM · shares −7.5% · price −3.8% | 0.68% | $1.89B | −$74.5M | ||||||||
| MetaCLA · shares −2.8% · price +4.3% | 0.62% | $1.72B | +$71.1M | ||||||||
| Berkshire Hathaway Inc DelCLB · shares −2.2% · price +8.9% | 0.60% | $1.68B | +$136.9M | ||||||||
| AT&TCOM · shares −4.2% · price +0.9% | 0.60% | $1.66B | +$14.4M | ||||||||
| Johnson & JohnsonCOM · shares −2.5% · price +5.7% | 0.56% | $1.56B | +$84.4M | ||||||||
| Pfizer IncCOM · shares −4.0% · price +0.3% | 0.54% | $1.50B | +$4.7M | ||||||||
| Verizon Communications IncCOM · shares +0.2% · price −1.2% | 0.53% | $1.46B | −$18.5M | ||||||||
| American TowerCOM · shares +3.7% · price −7.1% | 0.50% | $1.37B | −$101.8M | ||||||||
| Visa Inc.COM · shares +0.4% · price +9.4% | 0.49% | $1.35B | +$115.4M | ||||||||
| Walt Disney Company (The)COM · shares +0.5% · price +46.0% | 0.47% | $1.31B | +$412.2M | ||||||||
| Charter Communications Inc NCLA · shares −1.3% · price +6.0% | 0.45% | $1.23B | +$69.3M | ||||||||
| MastercardCLA · shares −0.8% · price +5.6% | 0.44% | $1.23B | +$64.6M | ||||||||
| Bk Of America CorpCOM · shares −0.8% · price +25.8% | 0.44% | $1.23B | +$251.7M | ||||||||
| Walmart IncCOM · shares +1.7% · price +3.0% | 0.44% | $1.22B | +$35.4M | ||||||||
| AlphabetCLA · shares +0.8% · price +19.6% | 0.44% | $1.21B | +$195.8M | ||||||||
| AlphabetCOM · shares −1.9% · price +19.2% | 0.42% | $1.17B | +$189.0M | ||||||||
| Unitedhealth Group IncCOM · shares +6.2% · price +12.5% | 0.41% | $1.14B | +$118.8M | ||||||||
| PrologisCOM · shares −0.6% · price −1.0% | 0.39% | $1.09B | −$10.5M | ||||||||
| AlibabaADR · shares −0.3% · price −20.7% | 0.39% | $1.07B | −$279.8M | ||||||||
| Thermo Fisher Scientific IncCOM · shares −7.2% · price +5.5% | 0.38% | $1.06B | +$55.1M | ||||||||
| Total · 3,342 positions | 100% | $276.93B | +$43.02B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q3 2020 to Q4 2020: 3,231 stocks held throughout, up $43.02B (+18.9%).
- Apple+$880.0M+15%
- Jpmorgan Chase & Co+$626.3M+32%
- Walt Disney Company (The)+$412.2M+46%
- Micron+$305.3M+60%
- Microsoft+$270.0M+6%
- Intel−$74.5M−4%
- Meritage Homes Corp−$78.3M−25%
- American Tower−$101.8M−7%
- Synnex Corp−$115.2M−42%
- Alibaba−$279.8M−21%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 8 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 11, 2026 | $551.84B+15% | SEC ↗ |
| Q1 2026 | May 7, 2026 | $481.39B+1% | SEC ↗ |
| Q4 2025 | Feb 12, 2026 | $476.72B+2% | SEC ↗ |
| Q3 2025 | Nov 12, 2025 | $466.01B+8% | SEC ↗ |
| Q2 2025 | Aug 12, 2025 | $431.92B+7% | SEC ↗ |
| Q1 2025 | May 13, 2025 | $402.31B−3% | SEC ↗ |
| Q4 2024 | Feb 13, 2025 | $416.38B+1% | SEC ↗ |
| Q3 2024 | Nov 7, 2024 | $412.28B+8% | SEC ↗ |
| Q2 2024 | Aug 9, 2024 | $382.85B+4% | SEC ↗ |
| Q1 2024 | May 10, 2024 | $369.36B+8% | SEC ↗ |
| Q4 2023 | Feb 7, 2024 | $342.47B+12% | SEC ↗ |
| Q3 2023 | Nov 9, 2023 | $304.90B−3% | SEC ↗ |
| Q2 2023 | Aug 9, 2023 | $313.77B+6% | SEC ↗ |
| Q1 2023 | May 12, 2023 | $296.87B−12% | SEC ↗ |
| Q4 2022 | Feb 9, 2023 | $338.47B+30% | SEC ↗ |
| Q3 2022 | Nov 10, 2022 | $260.47B−7% | SEC ↗ |
| Q2 2022 | Aug 12, 2022 | $278.78B−14% | SEC ↗ |
| Q1 2022 | May 13, 2022 | $324.62B−2% | SEC ↗ |
| Q4 2021 | Feb 9, 2022 | $330.75B+7% | SEC ↗ |
| Q3 2021 | Nov 12, 2021 | $310.45B−2% | SEC ↗ |
| Q2 2021 | Aug 12, 2021 | $315.84B+4% | SEC ↗ |
| Q1 2021 | May 14, 2021 | $302.34B+9% | SEC ↗ |
| Q4 2020 | Mar 8, 2021 (amended) | $276.93B+17% | SEC ↗ |
| Q3 2020 | Nov 12, 2020 | $235.82B+4% | SEC ↗ |
| Q2 2020 | Aug 13, 2020 | $227.51B+19% | SEC ↗ |
| Q1 2020 | May 14, 2020 | $191.95B−30% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $274.39B+7% | SEC ↗ |
| Q3 2019 | Nov 12, 2019 | $257.34B−0% | SEC ↗ |
| Q2 2019 | Aug 13, 2019 | $257.55B+3% | SEC ↗ |
| Q1 2019 | Aug 12, 2019 (amended) | $251.08B+14% | SEC ↗ |
| Q4 2018 | Feb 26, 2019 (amended) | $220.75B−16% | SEC ↗ |
| Q3 2018 | Nov 13, 2018 | $262.71B+5% | SEC ↗ |
| Q2 2018 | Aug 10, 2018 | $250.84B+5% | SEC ↗ |
| Q1 2018 | May 11, 2018 | $239.94B−1% | SEC ↗ |
| Q4 2017 | Feb 12, 2018 | $241.23B+5% | SEC ↗ |
| Q3 2017 | Nov 13, 2017 | $228.83B+6% | SEC ↗ |
| Q2 2017 | Aug 11, 2017 | $216.59B+4% | SEC ↗ |
| Q1 2017 | May 12, 2017 | $209.23B+5% | SEC ↗ |
| Q4 2016 | Feb 9, 2017 | $200.21B+8% | SEC ↗ |
| Q3 2016 | Nov 10, 2016 | $185.01B+6% | SEC ↗ |
| Q2 2016 | Aug 9, 2016 | $173.79B+4% | SEC ↗ |
| Q1 2016 | May 13, 2016 | $167.06B | SEC ↗ |