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 | |
|---|---|---|---|---|---|---|
|
WSO.B
2551
Watsco Inc Class B
WSO.B
$13.2B
| $4.83M | ﹤0.01% |
32,479
-1,016
| -3% | -$147K |
|
|
MSON
2552
DELISTED
Misonix Inc
MSON
| $4.8M | ﹤0.01% |
459,553
-6,683
| -1% | -$52K |
|
2553
Xencor
XNCR
$1.43B
| $4.8M | ﹤0.01% |
182,256
+130,778
| +254% | +$3.15M |
|
|
MNI
2554
DELISTED
The McClatchy Company Class A Common Stock
MNI
| $4.79M | ﹤0.01% |
363,769
+7,208
| +2% | +$109K |
|
2555
First Business Financial Services
FBIZ
$574M
| $4.79M | ﹤0.01% |
202,042
+4,775
| +2% | +$106K |
|
|
JMBA
2556
DELISTED
Jamba, Inc.
JMBA
| $4.79M | ﹤0.01% |
465,246
-34,737
| -7% | -$360K |
|
2557
Energy Recovery
ERII
$409M
| $4.79M | ﹤0.01% |
462,808
-292,001
| -39% | -$3.51M |
|
2558
Par Pacific Holdings
PARR
$4.16B
| $4.79M | ﹤0.01% |
329,159
+40,057
| +14% | +$572K |
|
|
BV
2559
DELISTED
Bazaarvoice, Inc.
BV
| $4.78M | ﹤0.01% |
985,118
+341,715
| +53% | +$1.74M |
|
2560
TechTarget
TTGT
$310M
| $4.73M | ﹤0.01% |
554,884
+68,428
| +14% | +$572K |
|
|
SCX
2561
DELISTED
The L.S. Starrett Company
SCX
| $4.72M | ﹤0.01% |
507,975
-4,822
| -0.9% | -$47K |
|
|
ACH
2562
DELISTED
Alum Corp of China Ltd
ACH
| $4.71M | ﹤0.01% |
461,917
-11,650
| -2% | -$119K |
|
2563
Globant
GLOB
$1.66B
| $4.7M | ﹤0.01% |
140,933
+54,984
| +64% | +$2.15M |
|
2564
Cumberland Pharmaceuticals
CPIX
$98.6M
| $4.69M | ﹤0.01% |
852,976
+2,791
| +0.3% | +$14.6K |
|
|
CBK
2565
DELISTED
Christopher & Banks Corporation
CBK
| $4.69M | ﹤0.01% |
2,004,233
-25,380
| -1% | -$43.5K |
|
|
SNC
2566
DELISTED
State National Companies, Inc.
SNC
| $4.66M | ﹤0.01% |
336,514
+74,090
| +28% | +$907K |
|
|
UMH
2567
UMH Properties
UMH
$1.35B
| $4.66M | ﹤0.01% |
309,512
+17,489
| +6% | +$224K |
|
2568
Ionis Pharmaceuticals
IONS
$9.12B
| $4.66M | ﹤0.01% |
97,341
+76,259
| +362% | +$3.02M |
|
|
UNAM
2569
DELISTED
Unico American Corp
UNAM
| $4.66M | ﹤0.01% |
433,019
-264
| -0.1% | -$2.79K |
|
2570
Compañía de Minas Buenaventura
BVN
$7.49B
| $4.65M | ﹤0.01% |
410,518
+3,286
| +0.8% | +$39.2K |
|
|
EBTC
2571
DELISTED
Enterprise Bancorp
EBTC
| $4.65M | ﹤0.01% |
123,808
+1,591
| +1% | +$49.6K |
|
|
CHFN
2572
DELISTED
Charter Financial Corp
CHFN
| $4.64M | ﹤0.01% |
278,406
+15,257
| +6% | +$214K |
|
|
MFNC
2573
DELISTED
Mackinac Financial Corporation
MFNC
| $4.63M | ﹤0.01% |
343,782
| – | – |
|
|
OLP
2574
One Liberty Properties
OLP
$550M
| $4.63M | ﹤0.01% |
184,190
+1,220
| +0.7% | +$29.4K |
|
2575
Genie Energy
GNE
$376M
| $4.62M | ﹤0.01% |
804,044
-12,681
| -2% | -$73.4K |
|
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.