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 | |
|---|---|---|---|---|---|---|
501
Boston Scientific
BSX
$68.5B
| $101M | 0.05% |
4,650,444
-1,418,230
| -23% | -$30.9M |
|
502
Astec Industries
ASTE
$1.26B
| $100M | 0.05% |
1,486,885
-44,039
| -3% | -$2.75M |
|
503
Automatic Data Processing
ADP
$106B
| $99.8M | 0.05% |
971,441
+85,144
| +10% | +$7.94M |
|
|
ODP
504
DELISTED
ODP
ODP
| $99.6M | 0.05% |
2,202,676
+461,762
| +27% | +$19.1M |
|
505
Caleres
CAL
$447M
| $99.3M | 0.05% |
3,027,013
+128,993
| +4% | +$3.78M |
|
506
Azenta
AZTA
$1.33B
| $99.2M | 0.05% |
5,813,629
-7,258
| -0.1% | -$109K |
|
507
1st Source
SRCE
$2.18B
| $99M | 0.05% |
2,216,392
-19,547
| -0.9% | -$755K |
|
508
Children's Place
PLCE
$55.8M
| $98.9M | 0.05% |
979,267
-225,771
| -19% | -$20.3M |
|
509
Dillards
DDS
$9.2B
| $98.8M | 0.05% |
1,575,313
+200,435
| +15% | +$13.2M |
|
|
SYKE
510
DELISTED
SYKES Enterprises Inc
SYKE
| $98.6M | 0.05% |
3,415,904
+103,483
| +3% | +$2.89M |
|
|
LTXB
511
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $97.9M | 0.05% |
2,274,098
+68,711
| +3% | +$2.57M |
|
512
Wolverine World Wide
WWW
$1.71B
| $97.9M | 0.05% |
4,460,184
+452,294
| +11% | +$10.3M |
|
513
Matthews International
MATW
$900M
| $97.9M | 0.05% |
1,273,435
-56,987
| -4% | -$3.83M |
|
514
Korn Ferry
KFY
$4.26B
| $97.7M | 0.05% |
3,321,048
+121,788
| +4% | +$2.97M |
|
|
BBT
515
Beacon Financial Corp
BBT
$2.51B
| $97.3M | 0.05% |
2,640,954
+63,927
| +2% | +$2.06M |
|
|
BRKL
516
DELISTED
Brookline Bancorp
BRKL
| $97.2M | 0.05% |
5,925,917
-862
| -0% | -$12.3K |
|
517
AAR Corp
AIR
$5.62B
| $97.1M | 0.05% |
2,938,594
-7,966
| -0.3% | -$274K |
|
518
Deckers Outdoor
DECK
$14.2B
| $96.7M | 0.05% |
10,478,172
+818,478
| +8% | +$7.88M |
|
519
CF Industries
CF
$18.9B
| $96.6M | 0.05% |
3,068,921
+893,833
| +41% | +$24M |
|
|
HA
520
DELISTED
Hawaiian Holdings, Inc.
HA
| $96.6M | 0.05% |
1,694,444
-327,897
| -16% | -$16.7M |
|
521
Illinois Tool Works
ITW
$84.9B
| $96.4M | 0.05% |
787,026
+15,942
| +2% | +$1.93M |
|
|
DF
522
DELISTED
Dean Foods Company
DF
| $96.4M | 0.05% |
4,424,436
+131,386
| +3% | +$2.5M |
|
523
Camden Property Trust
CPT
$11.4B
| $96.2M | 0.05% |
1,144,060
+12,207
| +1% | +$970K |
|
524
Mueller Water Products
MWA
$4.05B
| $96.1M | 0.05% |
7,220,003
-850,149
| -11% | -$10.9M |
|
525
Kulicke & Soffa
KLIC
$4.76B
| $96.1M | 0.05% |
6,022,997
-59,978
| -1% | -$875K |
|
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.