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 | |
|---|---|---|---|---|---|---|
751
Progress Software
PRGS
$1.66B
| $70.4M | 0.04% |
2,204,172
+79,151
| +4% | +$2.3M |
|
752
Douglas Emmett
DEI
$2.01B
| $70.3M | 0.04% |
1,921,818
+30,167
| +2% | +$1.09M |
|
753
Fair Isaac
FICO
$31B
| $70.1M | 0.04% |
587,780
-58,977
| -9% | -$7.01M |
|
754
Adobe
ADBE
$99B
| $70M | 0.04% |
680,361
+22,970
| +3% | +$2.43M |
|
755
Aon
AON
$81.4B
| $70M | 0.04% |
627,863
+3,186
| +0.5% | +$355K |
|
|
SRC
756
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $70M | 0.04% |
1,437,519
+35,268
| +3% | +$1.79M |
|
757
Designer Brands
DBI
$322M
| $70M | 0.04% |
3,090,478
+82,675
| +3% | +$1.88M |
|
|
BKS
758
DELISTED
Barnes & Noble
BKS
| $69.9M | 0.03% |
6,272,419
-92,213
| -1% | -$1.06M |
|
759
Archrock
AROC
$6.19B
| $69.8M | 0.03% |
5,287,400
-46,233
| -0.9% | -$597K |
|
760
Kaiser Aluminum
KALU
$2.65B
| $69.7M | 0.03% |
897,061
-3,430
| -0.4% | -$274K |
|
|
CCMP
761
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $69.7M | 0.03% |
1,102,696
+21,777
| +2% | +$1.26M |
|
762
Leidos
LDOS
$14.9B
| $69.7M | 0.03% |
1,361,902
+238,428
| +21% | +$11.1M |
|
|
MZTI
763
The Marzetti Company
MZTI
$3.02B
| $69.6M | 0.03% |
492,553
-40,355
| -8% | -$5.46M |
|
764
Murphy USA
MUSA
$11.1B
| $69.6M | 0.03% |
1,131,452
-1,405
| -0.1% | -$94.6K |
|
765
Enerpac Tool Group
EPAC
$1.9B
| $69.5M | 0.03% |
2,679,644
-748,825
| -22% | -$18.7M |
|
|
ILG
766
DELISTED
ILG, Inc Common Stock
ILG
| $69.3M | 0.03% |
3,814,863
+1,234,866
| +48% | +$21.6M |
|
767
Southwest Gas
SWX
$6.7B
| $69.3M | 0.03% |
904,099
-2,297
| -0.3% | -$166K |
|
768
Apogee Enterprises
APOG
$873M
| $69.2M | 0.03% |
1,292,563
+51,912
| +4% | +$2.41M |
|
|
BIG
769
DELISTED
Big Lots, Inc.
BIG
| $69.2M | 0.03% |
1,377,970
+16,256
| +1% | +$798K |
|
770
KBR
KBR
$4.74B
| $69.2M | 0.03% |
4,144,701
+837,815
| +25% | +$13.3M |
|
771
NetEase
NTES
$81.5B
| $69.1M | 0.03% |
+1,601,110
| New | +$76.4M |
|
|
ASNA
772
DELISTED
Ascena Retail Group, Inc.
ASNA
| $69M | 0.03% |
557,482
-17,876
| -3% | -$2.16M |
|
773
Littelfuse
LFUS
$9.91B
| $69M | 0.03% |
454,350
-2,676
| -0.6% | -$382K |
|
774
ATN International
ATNI
$370M
| $68.9M | 0.03% |
859,346
+34,421
| +4% | +$2.45M |
|
|
EXTN
775
DELISTED
Exterran Corporation
EXTN
| $68.8M | 0.03% |
2,877,035
+91,792
| +3% | +$1.74M |
|
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.