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 | |
|---|---|---|---|---|---|---|
351
Infosys
INFY
$51B
| $101M | 0.06% |
12,113,950
+26,280
| +0.2% | +$228K |
|
352
Novartis
NVS
$302B
| $101M | 0.06% |
1,314,394
+28,081
| +2% | +$2.23M |
|
|
PBCT
353
DELISTED
People's United Financial Inc
PBCT
| $101M | 0.06% |
6,265,593
+320,861
| +5% | +$5.22M |
|
|
FTR
354
DELISTED
Frontier Communications Corp.
FTR
| $101M | 0.06% |
1,444,164
+128,912
| +10% | +$9.58M |
|
355
APA Corp
APA
$13B
| $101M | 0.06% |
2,273,663
-881,087
| -28% | -$41M |
|
356
Ryder
R
$9.9B
| $101M | 0.06% |
1,777,283
-2,823
| -0.2% | -$187K |
|
357
Pentair
PNR
$10.8B
| $101M | 0.06% |
3,025,946
+27,594
| +0.9% | +$1.01M |
|
|
CVSA
358
Covista Inc
CVSA
$4.55B
| $101M | 0.06% |
3,976,153
+231,395
| +6% | +$5.8M |
|
|
B
359
DELISTED
Barnes Group Inc.
B
| $100M | 0.06% |
2,834,075
+201,012
| +8% | +$7.51M |
|
360
Western Digital
WDC
$159B
| $100M | 0.06% |
2,201,947
+66,218
| +3% | +$3.38M |
|
361
Halliburton
HAL
$26.1B
| $99.9M | 0.06% |
2,934,003
+435,336
| +17% | +$16.4M |
|
362
Western Alliance Bancorporation
WAL
$8.81B
| $99.8M | 0.06% |
2,783,865
-34,342
| -1% | -$1.24M |
|
|
RTN
363
DELISTED
Raytheon Company
RTN
| $99.5M | 0.06% |
799,140
+24,638
| +3% | +$2.96M |
|
364
Assured Guaranty
AGO
$3.73B
| $99.5M | 0.06% |
3,762,853
+72,630
| +2% | +$1.95M |
|
365
Unum
UNM
$13.4B
| $99.2M | 0.06% |
2,980,673
-29,805
| -1% | -$1.03M |
|
|
LXK
366
DELISTED
Lexmark Intl Inc
LXK
| $99M | 0.06% |
3,049,690
-98,741
| -3% | -$3.23M |
|
|
AWH
367
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $98.8M | 0.06% |
2,656,085
+26,705
| +1% | +$987K |
|
|
FMER
368
DELISTED
FIRSTMERIT CORP
FMER
| $98.1M | 0.06% |
5,259,746
+365,147
| +7% | +$6.95M |
|
369
Ashland
ASH
$3.34B
| $97.8M | 0.06% |
1,946,843
+30,284
| +2% | +$1.59M |
|
370
Korn Ferry
KFY
$4.31B
| $97.7M | 0.06% |
2,943,390
+128,840
| +5% | +$4.52M |
|
|
HPY
371
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $97.5M | 0.06% |
1,028,324
+14,978
| +1% | +$1.16M |
|
372
Ambev
ABEV
$47.9B
| $97.5M | 0.06% |
21,856,120
+605,256
| +3% | +$2.96M |
|
|
GES
373
DELISTED
Guess Inc
GES
| $97.3M | 0.06% |
5,151,349
+753,116
| +17% | +$15.5M |
|
|
HA
374
DELISTED
Hawaiian Holdings, Inc.
HA
| $97.2M | 0.06% |
2,751,707
+149,175
| +6% | +$5.16M |
|
|
MON
375
DELISTED
Monsanto Co
MON
| $96.8M | 0.06% |
982,183
+48,863
| +5% | +$4.59M |
|
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.