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 |
AT&T
T
|
+$173M |
| 2 |
Cisco
CSCO
|
+$163M |
| 3 |
Medtronic
MDT
|
+$115M |
| 4 |
WBA
Walgreens Boots Alliance
WBA
|
+$113M |
| 5 |
FirstCash
FCFS
|
+$91.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$357M |
| 2 |
FCS
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
|
+$195M |
| 3 |
Union Pacific
UNP
|
+$153M |
| 4 |
PLCM
POLYCOM INC
PLCM
|
+$112M |
| 5 |
FMER
FIRSTMERIT CORP
FMER
|
+$107M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.14% |
| 2 | Industrials | 13.5% |
| 3 | Technology | 12.85% |
| 4 | Consumer Discretionary | 9.35% |
| 5 | Healthcare | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BNCL
851
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $60.1M | 0.03% |
4,083,656
+273,639
| +7% | +$3.88M |
|
|
DCT
852
DELISTED
DCT Industrial Trust Inc.
DCT
| $60.1M | 0.03% |
1,236,893
+10,840
| +0.9% | +$527K |
|
853
Euronet Worldwide
EEFT
$2.72B
| $59.8M | 0.03% |
731,344
-136,321
| -16% | -$10.4M |
|
854
PPG Industries
PPG
$24.6B
| $59.8M | 0.03% |
578,669
+38,022
| +7% | +$3.99M |
|
855
Marten Transport
MRTN
$1.21B
| $59.8M | 0.03% |
7,115,873
-12,592
| -0.2% | -$108K |
|
856
Compass Minerals
CMP
$1.23B
| $59.6M | 0.03% |
809,079
+7,601
| +0.9% | +$551K |
|
|
KLXI
857
DELISTED
KLX Inc.
KLXI
| $59.5M | 0.03% |
2,005,812
+62,472
| +3% | +$1.8M |
|
858
Dollar Tree
DLTR
$24.4B
| $59.5M | 0.03% |
753,904
+46,270
| +7% | +$4.16M |
|
859
PC Connection
CNXN
$2.11B
| $59.5M | 0.03% |
2,251,310
+197
| +0% | +$5.03K |
|
|
CALY
860
Callaway Golf Company
CALY
$3.32B
| $59.5M | 0.03% |
5,121,476
-150,862
| -3% | -$1.68M |
|
861
Dentsply Sirona
XRAY
$2.68B
| $59.4M | 0.03% |
999,661
+99,463
| +11% | +$6.11M |
|
862
Equifax
EFX
$20.3B
| $59.3M | 0.03% |
440,632
+14,848
| +3% | +$1.97M |
|
863
Photronics
PLAB
$1.79B
| $59.3M | 0.03% |
5,751,328
+48,039
| +0.8% | +$463K |
|
|
FL
864
DELISTED
Foot Locker
FL
| $59.3M | 0.03% |
875,294
+31,248
| +4% | +$1.95M |
|
865
Black Hills Corp
BKH
$5.42B
| $59.1M | 0.03% |
965,936
+10,666
| +1% | +$650K |
|
866
Teledyne Technologies
TDY
$30.4B
| $59.1M | 0.03% |
547,419
+23,635
| +5% | +$2.49M |
|
867
Trex
TREX
$4.51B
| $59M | 0.03% |
4,018,900
-3,476
| -0.1% | -$48.5K |
|
868
Rogers Corp
ROG
$2.21B
| $59M | 0.03% |
965,463
+82,777
| +9% | +$5.02M |
|
|
BMS
869
DELISTED
Bemis
BMS
| $59M | 0.03% |
1,156,007
-192,116
| -14% | -$9.89M |
|
870
Intuit
INTU
$86.5B
| $58.9M | 0.03% |
535,852
+19,498
| +4% | +$2.18M |
|
|
TIME
871
DELISTED
Time Inc.
TIME
| $58.9M | 0.03% |
4,069,746
+738,769
| +22% | +$11.1M |
|
872
Brink's
BCO
$4.88B
| $58.9M | 0.03% |
1,588,585
-93,787
| -6% | -$3.22M |
|
873
RBC Bearings
RBC
$17.4B
| $58.9M | 0.03% |
770,128
-42,069
| -5% | -$3.22M |
|
874
Littelfuse
LFUS
$11.2B
| $58.9M | 0.03% |
457,026
-6,072
| -1% | -$744K |
|
875
Nu Skin
NUS
$252M
| $58.8M | 0.03% |
907,300
+248,330
| +38% | +$14M |
|
Similar funds
Dimensional Fund Advisors's Q3 2016 Portfolio in Review
As of Q3 2016, Dimensional Fund Advisors held 3,358 positions worth $185B, up 6.5% from $174B the previous quarter. Its ten largest holdings account for 9.2% of the portfolio.
Trading was light in Q3 2016: portfolio turnover was 4.4%. Dimensional Fund Advisors opened 66 new positions and exited 81, leaving the 3,358-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q3 2016 buy was Dell: 4,845,890 shares worth $65M.
- Dimensional Fund Advisors added most to AT&T in Q3 2016, an estimated $173M increase.
- Dimensional Fund Advisors's biggest Q3 2016 reduction was Union Pacific, cutting an estimated $153M.
- Dimensional Fund Advisors fully exited EMC CORPORATION in Q3 2016, selling an estimated $357M.
- Dimensional Fund Advisors's ten largest holdings make up 9.2% of its $185B portfolio in Q3 2016.
- Dimensional Fund Advisors opened 66 new positions and closed 81 in Q3 2016.
- Dimensional Fund Advisors's portfolio value rose 6.5% quarter-over-quarter to $185B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2016, filed 10 Nov 2016.