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 |
AT&T
T
|
+$173M |
| 2 |
Cisco
CSCO
|
+$163M |
| 3 |
Medtronic
MDT
|
+$115M |
| 4 |
WBA
Walgreens Boots Alliance
WBA
|
+$113M |
| 5 |
FirstCash
FCFS
|
+$91.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$357M |
| 2 |
FCS
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
|
+$195M |
| 3 |
Union Pacific
UNP
|
+$153M |
| 4 |
PLCM
POLYCOM INC
PLCM
|
+$112M |
| 5 |
FMER
FIRSTMERIT CORP
FMER
|
+$107M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.14% |
| 2 | Industrials | 13.5% |
| 3 | Technology | 12.85% |
| 4 | Consumer Discretionary | 9.35% |
| 5 | Healthcare | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Pentair
PNR
$10.6B
| $131M | 0.07% |
3,031,424
+65,233
| +2% | +$2.75M |
|
302
NOV
NOV
$6.93B
| $131M | 0.07% |
3,558,465
+49,248
| +1% | +$1.65M |
|
303
Copa Holdings
CPA
$5.8B
| $130M | 0.07% |
1,484,103
+158,156
| +12% | +$12M |
|
304
Terex
TEX
$7.11B
| $130M | 0.07% |
5,134,652
+568,572
| +12% | +$13.3M |
|
|
JNS
305
DELISTED
Janus Capital Group Inc
JNS
| $130M | 0.07% |
9,297,176
-282,373
| -3% | -$4.09M |
|
306
Regal Rexnord
RRX
$13.5B
| $130M | 0.07% |
2,188,896
+298,351
| +16% | +$17.9M |
|
307
Cirrus Logic
CRUS
$6.65B
| $130M | 0.07% |
2,439,207
-4,688
| -0.2% | -$225K |
|
308
Broadcom
AVGO
$1.85T
| $129M | 0.07% |
7,494,590
+1,083,130
| +17% | +$18.1M |
|
|
AWH
309
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $129M | 0.07% |
3,195,266
+110,535
| +4% | +$4.37M |
|
|
310
FirstCash
FCFS
$8.76B
| $129M | 0.07% |
2,740,528
+1,813,139
| +196% | +$91.2M |
|
311
Hope Bancorp
HOPE
$1.79B
| $129M | 0.07% |
7,417,787
+2,431,537
| +49% | +$39.4M |
|
312
Horace Mann Educators
HMN
$2.1B
| $128M | 0.07% |
3,489,547
-3,860
| -0.1% | -$137K |
|
313
Granite Construction
GVA
$5.03B
| $127M | 0.07% |
2,558,199
-114,241
| -4% | -$5.55M |
|
314
Regions Financial
RF
$26.3B
| $127M | 0.07% |
12,891,644
+228,923
| +2% | +$2.14M |
|
315
Nike
NKE
$62.7B
| $127M | 0.07% |
2,414,067
-13,208
| -0.5% | -$746K |
|
316
UDR
UDR
$12.3B
| $127M | 0.07% |
3,526,284
+41,702
| +1% | +$1.52M |
|
317
Extra Space Storage
EXR
$31.3B
| $127M | 0.07% |
1,597,437
+31,381
| +2% | +$2.65M |
|
|
ISIL
318
DELISTED
Intersil Corp
ISIL
| $127M | 0.07% |
5,783,710
-499,007
| -8% | -$8.64M |
|
319
Quanta Services
PWR
$98.7B
| $126M | 0.07% |
4,519,351
+204,325
| +5% | +$5.21M |
|
320
Trustmark
TRMK
$2.77B
| $126M | 0.07% |
4,564,702
+258,133
| +6% | +$6.92M |
|
321
Oil States International
OIS
$456M
| $126M | 0.07% |
3,984,001
+525,861
| +15% | +$16.2M |
|
322
Constellation Brands
STZ
$22.3B
| $126M | 0.07% |
755,041
-213,022
| -22% | -$35.1M |
|
|
LNCE
323
DELISTED
Snyders-Lance, Inc.
LNCE
| $125M | 0.07% |
3,719,134
-45,423
| -1% | -$1.57M |
|
|
DRE
324
DELISTED
Duke Realty Corp.
DRE
| $124M | 0.07% |
4,545,038
+61,128
| +1% | +$1.69M |
|
325
Canadian Natural Resources
CNQ
$98.6B
| $124M | 0.07% |
7,911,029
-1,785,696
| -18% | -$27.2M |
|
Similar funds
Dimensional Fund Advisors's Q3 2016 Portfolio in Review
As of Q3 2016, Dimensional Fund Advisors held 3,358 positions worth $185B, up 6.5% from $174B the previous quarter. Its ten largest holdings account for 9.2% of the portfolio.
Trading was light in Q3 2016: portfolio turnover was 4.4%. Dimensional Fund Advisors opened 66 new positions and exited 81, leaving the 3,358-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q3 2016 buy was Dell: 4,845,890 shares worth $65M.
- Dimensional Fund Advisors added most to AT&T in Q3 2016, an estimated $173M increase.
- Dimensional Fund Advisors's biggest Q3 2016 reduction was Union Pacific, cutting an estimated $153M.
- Dimensional Fund Advisors fully exited EMC CORPORATION in Q3 2016, selling an estimated $357M.
- Dimensional Fund Advisors's ten largest holdings make up 9.2% of its $185B portfolio in Q3 2016.
- Dimensional Fund Advisors opened 66 new positions and closed 81 in Q3 2016.
- Dimensional Fund Advisors's portfolio value rose 6.5% quarter-over-quarter to $185B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2016, filed 10 Nov 2016.