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 | |
|---|---|---|---|---|---|---|
801
Zoetis
ZTS
$32.5B
| $67.4M | 0.03% |
1,259,973
-2,386
| -0.2% | -$121K |
|
802
Teleflex
TFX
$5.94B
| $67.4M | 0.03% |
418,412
-18,831
| -4% | -$2.93M |
|
803
Kelly Services Class A
KELYA
$560M
| $67.4M | 0.03% |
2,939,845
-2,491
| -0.1% | -$50.7K |
|
|
TRK
804
DELISTED
Speedway Motorsports, Inc.
TRK
| $67.3M | 0.03% |
3,107,188
+3,499
| +0.1% | +$68.6K |
|
805
Sysco
SYY
$40.8B
| $67.2M | 0.03% |
1,213,315
+46,630
| +4% | +$2.42M |
|
|
BBL
806
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $67.2M | 0.03% |
2,135,218
+37,275
| +2% | +$1.18M |
|
807
Dollar General
DG
$27.8B
| $67.1M | 0.03% |
906,092
+6,513
| +0.7% | +$476K |
|
|
CATM
808
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $67.1M | 0.03% |
1,229,645
-135,723
| -10% | -$6.91M |
|
|
BWLD
809
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $67M | 0.03% |
434,171
+2,391
| +0.6% | +$372K |
|
|
WFM
810
DELISTED
Whole Foods Market Inc
WFM
| $66.9M | 0.03% |
2,176,136
+388,088
| +22% | +$11.7M |
|
811
National Bank Holdings
NBHC
$1.9B
| $66.9M | 0.03% |
2,098,956
+242,943
| +13% | +$6.52M |
|
812
Interactive Brokers
IBKR
$40.5B
| $66.8M | 0.03% |
7,319,064
+271,204
| +4% | +$2.47M |
|
|
KAMN
813
DELISTED
Kaman Corp
KAMN
| $66.7M | 0.03% |
1,362,898
+27,572
| +2% | +$1.28M |
|
814
Sonic Automotive
SAH
$3.31B
| $66.7M | 0.03% |
2,910,709
-21,335
| -0.7% | -$434K |
|
|
STFC
815
DELISTED
State Auto Financial Corp
STFC
| $66.5M | 0.03% |
2,481,790
+19,884
| +0.8% | +$491K |
|
816
Emergent Biosolutions
EBS
$377M
| $66.5M | 0.03% |
2,025,318
-20,932
| -1% | -$628K |
|
|
HW
817
DELISTED
Headwaters Inc
HW
| $66.5M | 0.03% |
2,827,400
-41,969
| -1% | -$853K |
|
818
Zimmer Biomet
ZBH
$18.5B
| $66.5M | 0.03% |
663,582
+82,733
| +14% | +$8.87M |
|
819
Materion
MTRN
$4.36B
| $66.5M | 0.03% |
1,678,473
+89,780
| +6% | +$3.16M |
|
|
RICE
820
DELISTED
Rice Energy Inc.
RICE
| $66.4M | 0.03% |
3,110,241
-1,260,773
| -29% | -$30M |
|
821
CRH
CRH
$69.1B
| $66.1M | 0.03% |
1,923,490
+1,409
| +0.1% | +$46.9K |
|
822
B&G Foods
BGS
$297M
| $66.1M | 0.03% |
1,508,614
+2,225
| +0.1% | +$98.8K |
|
823
Marten Transport
MRTN
$1.25B
| $66M | 0.03% |
7,086,775
-29,098
| -0.4% | -$262K |
|
824
Tredegar Corp
TG
$263M
| $66M | 0.03% |
2,751,900
+1,194
| +0% | +$25.1K |
|
825
Shenandoah Telecom
SHEN
$655M
| $66M | 0.03% |
2,418,982
-234,680
| -9% | -$6.3M |
|
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.