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 |
Synchrony
SYF
|
+$429M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$340M |
| 3 |
Comcast
CMCSA
|
+$323M |
| 4 |
Hewlett Packard
HPE
|
+$271M |
| 5 |
Apple
AAPL
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$451M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$325M |
| 3 |
HP
HPQ
|
+$294M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$285M |
| 5 |
CNW
CON-WAY INC.
CNW
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.04% |
| 2 | Industrials | 13.42% |
| 3 | Technology | 11.6% |
| 4 | Consumer Discretionary | 9.68% |
| 5 | Healthcare | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Mohawk Industries
MHK
$6.95B
| $126M | 0.08% |
667,209
+8,323
| +1% | +$1.6M |
|
252
AXIS Capital
AXS
$7.84B
| $126M | 0.08% |
2,243,008
-110,899
| -5% | -$6.12M |
|
253
Accenture
ACN
$105B
| $126M | 0.08% |
1,204,786
+61,823
| +5% | +$6.52M |
|
|
CVA
254
DELISTED
Covanta Holding Corporation
CVA
| $126M | 0.08% |
8,115,000
+216,763
| +3% | +$3.54M |
|
255
Target
TGT
$66.4B
| $126M | 0.08% |
1,729,856
+72,564
| +4% | +$5.42M |
|
256
Eli Lilly
LLY
$1.09T
| $125M | 0.08% |
1,488,271
+105,381
| +8% | +$8.75M |
|
257
Federal Realty Investment Trust
FRT
$10.9B
| $125M | 0.08% |
856,369
+18,963
| +2% | +$2.74M |
|
258
Delek US
DK
$3.97B
| $124M | 0.08% |
5,044,535
+69,207
| +1% | +$1.81M |
|
259
RenaissanceRe
RNR
$13.9B
| $124M | 0.08% |
1,093,449
+25,043
| +2% | +$2.77M |
|
260
UDR
UDR
$12.7B
| $123M | 0.08% |
3,264,584
+98,049
| +3% | +$3.52M |
|
261
Regions Financial
RF
$26.6B
| $122M | 0.08% |
12,690,160
-220,078
| -2% | -$2.11M |
|
262
Texas Instruments
TXN
$247B
| $122M | 0.08% |
2,220,579
+122,237
| +6% | +$6.82M |
|
263
Booking.com
BKNG
$154B
| $122M | 0.08% |
2,386,475
+161,225
| +7% | +$8.52M |
|
264
MGM Resorts International
MGM
$11.7B
| $120M | 0.08% |
5,297,530
+26,706
| +0.5% | +$589K |
|
|
LLL
265
DELISTED
L3 Technologies, Inc.
LLL
| $120M | 0.07% |
1,003,609
-97,668
| -9% | -$11.6M |
|
266
POSCO
PKX
$14.9B
| $120M | 0.07% |
3,380,207
+21,812
| +0.6% | +$822K |
|
267
Telephone and Data Systems
TDS
$3.84B
| $119M | 0.07% |
4,615,432
+399,558
| +9% | +$10.9M |
|
|
JNS
268
DELISTED
Janus Capital Group Inc
JNS
| $119M | 0.07% |
8,479,761
+83,537
| +1% | +$1.24M |
|
269
Delta Air Lines
DAL
$57.4B
| $119M | 0.07% |
2,353,890
+122,292
| +5% | +$6.05M |
|
270
FNB Corp
FNB
$6.8B
| $119M | 0.07% |
8,916,131
+547,894
| +7% | +$7.48M |
|
271
Marriott Vacations Worldwide
VAC
$3.48B
| $119M | 0.07% |
2,086,354
+33,371
| +2% | +$2.07M |
|
272
Chubb
CB
$142B
| $119M | 0.07% |
1,015,043
-12,250
| -1% | -$1.39M |
|
|
PF
273
DELISTED
Pinnacle Foods, Inc.
PF
| $118M | 0.07% |
2,787,059
+270,038
| +11% | +$11.6M |
|
274
Reliance Steel & Aluminium
RS
$20.9B
| $118M | 0.07% |
2,038,218
+90,272
| +5% | +$5.25M |
|
275
Goodyear
GT
$2.11B
| $118M | 0.07% |
3,598,591
-353,956
| -9% | -$11.6M |
|
Similar funds
Dimensional Fund Advisors's Q4 2015 Portfolio in Review
As of Q4 2015, Dimensional Fund Advisors held 3,421 positions worth $160B, up 5.3% from $152B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Trading was light in Q4 2015: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 53 new positions and exited 92, leaving the 3,421-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q4 2015 buy was Alphabet (Google) Class A: 9,182,480 shares worth $357M.
- Dimensional Fund Advisors added most to Synchrony in Q4 2015, an estimated $429M increase.
- Dimensional Fund Advisors's biggest Q4 2015 reduction was GE Aerospace, cutting an estimated $451M.
- Dimensional Fund Advisors fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $325M.
- Dimensional Fund Advisors's ten largest holdings make up 9% of its $160B portfolio in Q4 2015.
- Dimensional Fund Advisors opened 53 new positions and closed 92 in Q4 2015.
- Dimensional Fund Advisors's portfolio value rose 5.3% quarter-over-quarter to $160B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2015, filed 10 Feb 2016.