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 | |
|---|---|---|---|---|---|---|
726
Papa John's
PZZA
$1.02B
| $72.7M | 0.04% |
849,389
+28,971
| +4% | +$2.4M |
|
727
Carlisle Companies
CSL
$14.1B
| $72.7M | 0.04% |
658,866
+22,551
| +4% | +$2.46M |
|
728
Itaú Unibanco
ITUB
$91.6B
| $72.5M | 0.04% |
14,530,010
-4,660
| -0% | -$23.9K |
|
729
Landstar System
LSTR
$6.29B
| $72.5M | 0.04% |
849,508
-45,264
| -5% | -$3.52M |
|
730
Stryker
SYK
$133B
| $72.2M | 0.04% |
602,507
+19,584
| +3% | +$2.25M |
|
731
Air Products & Chemicals
APD
$65.2B
| $72.1M | 0.04% |
501,412
-13,127
| -3% | -$1.84M |
|
732
Belden
BDC
$4.09B
| $71.9M | 0.04% |
961,374
+55,858
| +6% | +$3.98M |
|
|
AVX
733
DELISTED
AVX Corporation
AVX
| $71.9M | 0.04% |
4,597,074
+162,233
| +4% | +$2.39M |
|
734
Ross Stores
ROST
$80.5B
| $71.8M | 0.04% |
1,094,217
+2,532
| +0.2% | +$166K |
|
|
IDTI
735
DELISTED
Integrated Device Technology I
IDTI
| $71.8M | 0.04% |
3,045,730
-11,082
| -0.4% | -$256K |
|
|
MNK
736
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $71.7M | 0.04% |
1,439,853
+182,433
| +15% | +$10.7M |
|
737
First Interstate BancSystem
FIBK
$3.7B
| $71.6M | 0.04% |
1,683,753
+35,058
| +2% | +$1.27M |
|
738
Ciena
CIEN
$49.6B
| $71.6M | 0.04% |
2,932,100
+165,373
| +6% | +$3.61M |
|
739
CarMax
KMX
$8.36B
| $71.5M | 0.04% |
1,109,700
+64,624
| +6% | +$3.63M |
|
|
AEGN
740
DELISTED
Aegion Corp
AEGN
| $71.4M | 0.04% |
3,014,375
-45,688
| -1% | -$1.01M |
|
741
Merit Medical Systems
MMSI
$4.67B
| $71.4M | 0.04% |
2,695,522
+80,045
| +3% | +$1.93M |
|
742
Grand Canyon Education
LOPE
$3.99B
| $71.3M | 0.04% |
1,219,457
+30,670
| +3% | +$1.57M |
|
|
SVC
743
Service Properties Trust
SVC
$1.09B
| $71.2M | 0.04% |
448,797
+32,482
| +8% | +$4.71M |
|
744
NetApp
NTAP
$34.2B
| $71.1M | 0.04% |
2,015,992
-31,118
| -2% | -$1.09M |
|
745
Diodes
DIOD
$3.69B
| $71M | 0.04% |
2,767,087
+217,612
| +9% | +$4.97M |
|
|
WGL
746
DELISTED
Wgl Holdings
WGL
| $71M | 0.04% |
931,018
-3,576
| -0.4% | -$241K |
|
747
Ecolab
ECL
$79.6B
| $70.9M | 0.04% |
604,721
+7,486
| +1% | +$876K |
|
748
Genuine Parts
GPC
$17.9B
| $70.8M | 0.04% |
740,871
+53,271
| +8% | +$5.08M |
|
|
CMA
749
DELISTED
Comerica
CMA
| $70.6M | 0.04% |
1,036,337
-361
| -0% | -$21.2K |
|
750
Newell Brands
NWL
$2.24B
| $70.4M | 0.04% |
1,577,340
-20,029
| -1% | -$969K |
|
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.