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 |
Walmart Inc
WMT
|
+$208M |
| 2 |
Alibaba
BABA
|
+$188M |
| 3 |
EVHC
Envision Healthcare Holdings Inc
EVHC
|
+$162M |
| 4 |
Abbott
ABT
|
+$122M |
| 5 |
Bank of America
BAC
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$217M |
| 2 |
AMSG
Amsurg Corp
AMSG
|
+$183M |
| 3 |
IM
Ingram Micro
IM
|
+$162M |
| 4 |
Union Pacific
UNP
|
+$148M |
| 5 |
LXK
Lexmark Intl Inc
LXK
|
+$143M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.55% |
| 2 | Industrials | 13.59% |
| 3 | Technology | 12.45% |
| 4 | Consumer Discretionary | 9.36% |
| 5 | Healthcare | 8.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Acco Brands
ACCO
$401M
| $119M | 0.06% |
9,083,181
-17,221
| -0.2% | -$201K |
|
|
VR
402
DELISTED
Validus Hold Ltd
VR
| $118M | 0.06% |
2,153,176
+35,301
| +2% | +$1.87M |
|
403
M&T Bank
MTB
$36.6B
| $118M | 0.06% |
755,256
-1,755
| -0.2% | -$238K |
|
404
Unifirst Corp
UNF
$5.43B
| $118M | 0.06% |
820,384
+21,849
| +3% | +$2.96M |
|
405
Meritage Homes
MTH
$4.89B
| $118M | 0.06% |
6,763,846
-25,264
| -0.4% | -$437K |
|
|
QVCGA
406
DELISTED
QVC Group Inc Series A
QVCGA
| $117M | 0.06% |
120,824
-1,378
| -1% | -$1.33M |
|
407
Xerox
XRX
$360M
| $117M | 0.06% |
5,079,757
-68,574
| -1% | -$1.71M |
|
|
DD
408
DELISTED
Du Pont De Nemours E I
DD
| $117M | 0.06% |
1,588,958
-5,901
| -0.4% | -$419K |
|
409
Flex
FLEX
$41.5B
| $116M | 0.06% |
10,756,255
-201,808
| -2% | -$2.16M |
|
|
GK
410
DELISTED
G&K Services Inc
GK
| $116M | 0.06% |
1,206,220
-13,633
| -1% | -$1.3M |
|
|
RAI
411
DELISTED
Reynolds American Inc
RAI
| $116M | 0.06% |
2,075,189
-31,297
| -1% | -$1.66M |
|
412
GameStop
GME
$9.94B
| $116M | 0.06% |
18,383,060
+1,172,772
| +7% | +$7.24M |
|
|
TPC
413
Tutor Perini Cor
TPC
$4.31B
| $116M | 0.06% |
4,143,012
-29,517
| -0.7% | -$715K |
|
414
TTM Technologies
TTMI
$11.3B
| $116M | 0.06% |
8,501,569
+387,390
| +5% | +$5.05M |
|
415
ABM Industries
ABM
$2.88B
| $116M | 0.06% |
2,831,516
-55,372
| -2% | -$2.25M |
|
416
Pentair
PNR
$10.8B
| $116M | 0.06% |
3,069,471
+38,047
| +1% | +$1.48M |
|
|
BEL
417
DELISTED
Belmond Ltd.
BEL
| $115M | 0.06% |
8,638,989
+22,075
| +0.3% | +$284K |
|
418
E.W. Scripps
SSP
$282M
| $115M | 0.06% |
5,958,649
+419,749
| +8% | +$6.81M |
|
419
Marvell Technology
MRVL
$157B
| $115M | 0.06% |
8,299,916
-47,974
| -0.6% | -$653K |
|
420
First Merchants
FRME
$2.74B
| $115M | 0.06% |
3,054,487
-1,295
| -0% | -$41.2K |
|
421
EnerSys
ENS
$6.69B
| $115M | 0.06% |
1,466,235
-41,209
| -3% | -$3.02M |
|
422
Minerals Technologies
MTX
$2.33B
| $114M | 0.06% |
1,481,205
-55,796
| -4% | -$4.14M |
|
423
Alexandria Real Estate Equities
ARE
$9.41B
| $114M | 0.06% |
1,029,596
+44,538
| +5% | +$4.78M |
|
|
WCG
424
DELISTED
Wellcare Health Plans, Inc.
WCG
| $114M | 0.06% |
833,483
+16,912
| +2% | +$2.15M |
|
425
Fluor
FLR
$6.89B
| $114M | 0.06% |
2,174,294
+31,714
| +1% | +$1.65M |
|
Similar funds
Dimensional Fund Advisors's Q4 2016 Portfolio in Review
As of Q4 2016, Dimensional Fund Advisors held 3,363 positions worth $200B, up 8.2% from $185B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Trading was light in Q4 2016: portfolio turnover was 4.8%. Dimensional Fund Advisors opened 87 new positions and exited 74, leaving the 3,363-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 18% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q4 2016 buy was Alibaba: 1,948,659 shares worth $171M.
- Dimensional Fund Advisors added most to Walmart Inc in Q4 2016, an estimated $208M increase.
- Dimensional Fund Advisors's biggest Q4 2016 reduction was GE Aerospace, cutting an estimated $217M.
- Dimensional Fund Advisors fully exited Amsurg Corp in Q4 2016, selling an estimated $183M.
- Dimensional Fund Advisors's ten largest holdings make up 9% of its $200B portfolio in Q4 2016.
- Dimensional Fund Advisors opened 87 new positions and closed 74 in Q4 2016.
- Dimensional Fund Advisors's portfolio value rose 8.2% quarter-over-quarter to $200B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2016, filed 9 Feb 2017.