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 | |
|---|---|---|---|---|---|---|
|
ATVI
376
DELISTED
Activision Blizzard
ATVI
| $116M | 0.06% |
2,608,697
-1,025,440
| -28% | -$43M |
|
377
Jabil
JBL
$32.8B
| $115M | 0.06% |
5,255,742
+152,910
| +3% | +$3.18M |
|
378
ABM Industries
ABM
$2.81B
| $115M | 0.06% |
2,886,888
-131,255
| -4% | -$4.99M |
|
|
CEO
379
DELISTED
CNOOC Limited
CEO
| $114M | 0.06% |
904,620
+11,897
| +1% | +$1.46M |
|
380
Old Republic International
ORI
$10.5B
| $114M | 0.06% |
6,490,175
-58,908
| -0.9% | -$1.12M |
|
|
RICE
381
DELISTED
Rice Energy Inc.
RICE
| $114M | 0.06% |
4,371,014
-221,949
| -5% | -$5.51M |
|
382
Gen Digital
GEN
$16.4B
| $114M | 0.06% |
4,540,278
-73,981
| -2% | -$1.68M |
|
383
Iron Mountain
IRM
$36.6B
| $114M | 0.06% |
3,036,071
+404,230
| +15% | +$15.6M |
|
|
MINI
384
DELISTED
Mobile Mini Inc
MINI
| $114M | 0.06% |
3,770,059
+37,137
| +1% | +$1.18M |
|
385
Assured Guaranty
AGO
$3.69B
| $114M | 0.06% |
4,102,574
-17,554
| -0.4% | -$473K |
|
386
KeyCorp
KEY
$24.3B
| $113M | 0.06% |
9,277,839
+3,191,028
| +52% | +$38.2M |
|
387
Capitol Federal Financial
CFFN
$1.09B
| $113M | 0.06% |
8,016,018
-401,509
| -5% | -$5.68M |
|
388
Blackrock
BLK
$170B
| $113M | 0.06% |
310,732
+40,239
| +15% | +$14.6M |
|
389
Flex
FLEX
$41.8B
| $112M | 0.06% |
10,958,063
+1,104,811
| +11% | +$10.7M |
|
390
Werner Enterprises
WERN
$2.3B
| $112M | 0.06% |
4,831,921
+45,842
| +1% | +$1.09M |
|
391
Universal Corp
UVV
$1.33B
| $112M | 0.06% |
1,930,563
+5,146
| +0.3% | +$304K |
|
392
TechnipFMC
FTI
$28.3B
| $112M | 0.06% |
5,086,853
+55,256
| +1% | +$1.12M |
|
393
Plexus
PLXS
$6.73B
| $112M | 0.06% |
2,392,416
+131,393
| +6% | +$6.02M |
|
394
Thor Industries
THO
$3.91B
| $112M | 0.06% |
1,319,128
+23,708
| +2% | +$1.84M |
|
395
Ally Financial
ALLY
$13.1B
| $111M | 0.06% |
5,718,159
+288,194
| +5% | +$5.35M |
|
396
Marvell Technology
MRVL
$171B
| $111M | 0.06% |
8,347,890
+1,892,882
| +29% | +$22.2M |
|
397
Unum
UNM
$13.6B
| $110M | 0.06% |
3,127,646
+97,558
| +3% | +$3.3M |
|
398
Transocean
RIG
$5.82B
| $110M | 0.06% |
10,358,052
+2,428,623
| +31% | +$25.7M |
|
399
Fluor
FLR
$6.98B
| $110M | 0.06% |
2,142,580
+16,521
| +0.8% | +$853K |
|
400
State Street
STT
$50.7B
| $110M | 0.06% |
1,576,423
+39,517
| +3% | +$2.58M |
|
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.