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 | |
|---|---|---|---|---|---|---|
426
Prosperity Bancshares
PB
$8.82B
| $114M | 0.06% |
1,587,642
-37,213
| -2% | -$2.33M |
|
427
Kirby Corp
KEX
$7.77B
| $114M | 0.06% |
1,708,080
-28,531
| -2% | -$1.8M |
|
|
MINI
428
DELISTED
Mobile Mini Inc
MINI
| $113M | 0.06% |
3,746,232
-23,827
| -0.6% | -$699K |
|
429
FirstCash
FCFS
$9.06B
| $113M | 0.06% |
2,408,918
-331,610
| -12% | -$15.6M |
|
430
Huntsman Corp
HUN
$2B
| $112M | 0.06% |
5,879,411
-137,103
| -2% | -$2.49M |
|
|
INVX
431
Innovex International
INVX
$1.79B
| $112M | 0.06% |
1,867,673
+44,842
| +2% | +$2.5M |
|
|
RTN
432
DELISTED
Raytheon Company
RTN
| $112M | 0.06% |
788,297
+3,965
| +0.5% | +$563K |
|
433
TJX Companies
TJX
$178B
| $112M | 0.06% |
2,974,220
+76,102
| +3% | +$2.88M |
|
434
Primerica
PRI
$10B
| $112M | 0.06% |
1,613,970
-64,200
| -4% | -$4.08M |
|
|
MDC
435
DELISTED
M.D.C. Holdings, Inc.
MDC
| $112M | 0.06% |
5,474,734
-309,819
| -5% | -$5.78M |
|
|
CAA
436
DELISTED
CalAtlantic Group, Inc.
CAA
| $111M | 0.06% |
3,277,224
+5,615
| +0.2% | +$186K |
|
437
Renasant Corp
RNST
$4.05B
| $111M | 0.06% |
2,635,004
+119,371
| +5% | +$4.53M |
|
438
Ally Financial
ALLY
$13.4B
| $111M | 0.06% |
5,834,268
+116,109
| +2% | +$2.23M |
|
439
iShares MSCI Taiwan ETF
EWT
$9.59B
| $110M | 0.06% |
3,760,460
| – | – |
|
440
HF Sinclair
DINO
$16.1B
| $110M | 0.06% |
3,368,892
+528,496
| +19% | +$14.6M |
|
|
XL
441
DELISTED
XL Group Ltd.
XL
| $110M | 0.06% |
2,959,433
+16,926
| +0.6% | +$607K |
|
|
CVA
442
DELISTED
Covanta Holding Corporation
CVA
| $110M | 0.06% |
7,065,778
-1,546,137
| -18% | -$23M |
|
|
CORE
443
DELISTED
Core Mark Holding Co., Inc.
CORE
| $110M | 0.06% |
2,554,838
-317,888
| -11% | -$11.7M |
|
444
Nelnet
NNI
$4.92B
| $110M | 0.06% |
2,168,138
+37,894
| +2% | +$1.74M |
|
|
AAWW
445
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $110M | 0.05% |
2,109,241
+7,038
| +0.3% | +$332K |
|
446
Ambev
ABEV
$48.4B
| $110M | 0.05% |
22,372,935
-75,616
| -0.3% | -$408K |
|
|
KSU
447
DELISTED
Kansas City Southern
KSU
| $110M | 0.05% |
1,295,072
+10,393
| +0.8% | +$916K |
|
|
KG
448
Kestrel Group
KG
$68M
| $110M | 0.05% |
314,776
+2,869
| +0.9% | +$880K |
|
|
MRC
449
DELISTED
MRC Global
MRC
| $109M | 0.05% |
5,391,871
-495,778
| -8% | -$9.03M |
|
450
UMB Financial
UMBF
$10.9B
| $109M | 0.05% |
1,414,683
-9,550
| -0.7% | -$664K |
|
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.