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 |
Walmart Inc
WMT
|
+$208M |
| 2 |
Alibaba
BABA
|
+$188M |
| 3 |
EVHC
Envision Healthcare Holdings Inc
EVHC
|
+$162M |
| 4 |
Abbott
ABT
|
+$122M |
| 5 |
Bank of America
BAC
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$217M |
| 2 |
AMSG
Amsurg Corp
AMSG
|
+$183M |
| 3 |
IM
Ingram Micro
IM
|
+$162M |
| 4 |
Union Pacific
UNP
|
+$148M |
| 5 |
LXK
Lexmark Intl Inc
LXK
|
+$143M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.55% |
| 2 | Industrials | 13.59% |
| 3 | Technology | 12.45% |
| 4 | Consumer Discretionary | 9.36% |
| 5 | Healthcare | 8.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Texas Instruments
TXN
$256B
| $171M | 0.09% |
2,339,236
+26,610
| +1% | +$1.9M |
|
227
Whirlpool
WHR
$2.54B
| $171M | 0.09% |
938,966
+26,423
| +3% | +$4.37M |
|
228
AXIS Capital
AXS
$8.77B
| $171M | 0.09% |
2,613,195
-622
| -0% | -$37.4K |
|
229
Seaboard Corp
SEB
$4.44B
| $170M | 0.09% |
43,095
-483
| -1% | -$1.83M |
|
|
FFG
230
DELISTED
FBL Financial Group
FFG
| $170M | 0.09% |
2,176,339
-84,884
| -4% | -$6.1M |
|
|
CA
231
DELISTED
CA, Inc.
CA
| $170M | 0.08% |
5,350,520
+22,777
| +0.4% | +$727K |
|
232
International Bancshares
IBOC
$4.85B
| $170M | 0.08% |
4,164,785
+110,054
| +3% | +$3.93M |
|
233
Popular Inc
BPOP
$11B
| $169M | 0.08% |
3,865,696
+55,074
| +1% | +$2.23M |
|
234
Jacobs Solutions
J
$16.4B
| $169M | 0.08% |
3,583,206
-249,831
| -7% | -$11.5M |
|
235
Lowe's Companies
LOW
$122B
| $168M | 0.08% |
2,365,488
+20,113
| +0.9% | +$1.42M |
|
236
Accenture
ACN
$102B
| $168M | 0.08% |
1,433,099
+54,620
| +4% | +$6.48M |
|
237
Telephone and Data Systems
TDS
$3.86B
| $167M | 0.08% |
5,797,495
+65,709
| +1% | +$1.79M |
|
|
ARGO
238
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $167M | 0.08% |
2,916,820
-36,387
| -1% | -$1.94M |
|
|
AEL
239
DELISTED
American Equity Investment Life Holding Company
AEL
| $167M | 0.08% |
7,408,731
+464,803
| +7% | +$9.29M |
|
240
Huntington Bancshares
HBAN
$35B
| $167M | 0.08% |
12,629,434
-816,689
| -6% | -$9.52M |
|
|
B
241
DELISTED
Barnes Group Inc.
B
| $166M | 0.08% |
3,507,270
+76,819
| +2% | +$3.35M |
|
242
Trustmark
TRMK
$2.76B
| $166M | 0.08% |
4,664,021
+99,319
| +2% | +$3.12M |
|
243
TE Connectivity
TEL
$60.8B
| $165M | 0.08% |
2,388,322
+45,441
| +2% | +$3.01M |
|
244
KB Financial Group
KB
$40.6B
| $165M | 0.08% |
4,685,856
-186,131
| -4% | -$6.69M |
|
245
UFP Industries
UFPI
$5.18B
| $165M | 0.08% |
4,854,909
-182,469
| -4% | -$5.94M |
|
246
KeyCorp
KEY
$24.3B
| $165M | 0.08% |
9,049,890
-227,949
| -2% | -$3.59M |
|
|
COHR
247
DELISTED
Coherent Inc
COHR
| $165M | 0.08% |
1,200,852
-234,588
| -16% | -$28.5M |
|
248
RenaissanceRe
RNR
$13.9B
| $165M | 0.08% |
1,210,792
+9,294
| +0.8% | +$1.19M |
|
249
Hilltop Holdings
HTH
$2.27B
| $165M | 0.08% |
5,524,136
+161,068
| +3% | +$4.28M |
|
250
Transocean
RIG
$5.67B
| $164M | 0.08% |
11,128,617
+770,565
| +7% | +$9.13M |
|
Similar funds
Dimensional Fund Advisors's Q4 2016 Portfolio in Review
As of Q4 2016, Dimensional Fund Advisors held 3,363 positions worth $200B, up 8.2% from $185B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Trading was light in Q4 2016: portfolio turnover was 4.8%. Dimensional Fund Advisors opened 87 new positions and exited 74, leaving the 3,363-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 18% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q4 2016 buy was Alibaba: 1,948,659 shares worth $171M.
- Dimensional Fund Advisors added most to Walmart Inc in Q4 2016, an estimated $208M increase.
- Dimensional Fund Advisors's biggest Q4 2016 reduction was GE Aerospace, cutting an estimated $217M.
- Dimensional Fund Advisors fully exited Amsurg Corp in Q4 2016, selling an estimated $183M.
- Dimensional Fund Advisors's ten largest holdings make up 9% of its $200B portfolio in Q4 2016.
- Dimensional Fund Advisors opened 87 new positions and closed 74 in Q4 2016.
- Dimensional Fund Advisors's portfolio value rose 8.2% quarter-over-quarter to $200B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2016, filed 9 Feb 2017.