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 | |
|---|---|---|---|---|---|---|
401
Tetra Tech
TTEK
$8.77B
| $91.4M | 0.06% |
17,562,825
+1,859,420
| +12% | +$9.93M |
|
402
Gray Television
GTN
$437M
| $91.1M | 0.06% |
5,588,922
-20,710
| -0.4% | -$324K |
|
403
Blackrock
BLK
$167B
| $90.9M | 0.06% |
267,017
+4,738
| +2% | +$1.61M |
|
404
Suncor Energy
SU
$77.7B
| $90.3M | 0.06% |
3,500,280
+16,041
| +0.5% | +$443K |
|
|
DRE
405
DELISTED
Duke Realty Corp.
DRE
| $90.3M | 0.06% |
4,294,606
+24,202
| +0.6% | +$496K |
|
|
PMC
406
DELISTED
PharMerica Corporation
PMC
| $90.3M | 0.06% |
2,579,111
+41,387
| +2% | +$1.3M |
|
407
General Dynamics
GD
$103B
| $90.1M | 0.06% |
656,153
+27,265
| +4% | +$3.9M |
|
408
MBIA
MBI
$275M
| $89.8M | 0.06% |
13,861,530
-1,063,774
| -7% | -$7.21M |
|
|
VER
409
DELISTED
VEREIT, Inc.
VER
| $89.6M | 0.06% |
2,263,551
+187,060
| +9% | +$7.67M |
|
|
IDTI
410
DELISTED
Integrated Device Technology I
IDTI
| $89.6M | 0.06% |
3,401,446
-17,069
| -0.5% | -$437K |
|
411
McKesson
MCK
$104B
| $89.6M | 0.06% |
454,026
+44,559
| +11% | +$8.41M |
|
412
Hilltop Holdings
HTH
$2.26B
| $89.5M | 0.06% |
4,659,005
+82,045
| +2% | +$1.71M |
|
413
Old National Bancorp
ONB
$10.2B
| $89.3M | 0.06% |
6,589,117
+681,862
| +12% | +$9.64M |
|
|
ALJ
414
DELISTED
Alon USA Energy Inc
ALJ
| $89.2M | 0.06% |
6,009,112
-3,033
| -0.1% | -$50.8K |
|
415
PACCAR
PCAR
$70.5B
| $89.2M | 0.06% |
2,821,373
+1,210,331
| +75% | +$41.2M |
|
416
Vale
VALE
$62.3B
| $88.9M | 0.06% |
27,029,266
-2,330,830
| -8% | -$9.31M |
|
417
Kraft Heinz
KHC
$32.8B
| $88.7M | 0.06% |
1,218,728
-69,289
| -5% | -$5.11M |
|
418
Werner Enterprises
WERN
$2.2B
| $88.5M | 0.06% |
3,784,349
+504,382
| +15% | +$13.1M |
|
419
Abercrombie & Fitch
ANF
$4.55B
| $88.5M | 0.06% |
3,276,116
-251,359
| -7% | -$5.84M |
|
420
LG Display
LPL
$2.79B
| $88.3M | 0.06% |
8,457,899
+44,830
| +0.5% | +$450K |
|
|
VR
421
DELISTED
Validus Hold Ltd
VR
| $88.3M | 0.06% |
1,907,426
+85,497
| +5% | +$3.89M |
|
422
Fluor
FLR
$6.54B
| $88.2M | 0.06% |
1,868,629
+499,876
| +37% | +$23.5M |
|
423
Service Corp International
SCI
$11.8B
| $87.9M | 0.05% |
3,378,161
-668,801
| -17% | -$18.3M |
|
424
Dover
DOV
$26.7B
| $87.9M | 0.05% |
1,774,310
+146,797
| +9% | +$7.44M |
|
|
IPCC
425
DELISTED
Infinity Property & Casualty C
IPCC
| $87.8M | 0.05% |
1,068,319
| – | – |
|
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.