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 | |
|---|---|---|---|---|---|---|
876
New York Times
NYT
$12.1B
| $58.7M | 0.03% |
4,910,176
+268,021
| +6% | +$3.4M |
|
|
BCPC
877
Balchem Corp
BCPC
$5.38B
| $58.7M | 0.03% |
756,733
-46,251
| -6% | -$3.07M |
|
|
KAMN
878
DELISTED
Kaman Corp
KAMN
| $58.6M | 0.03% |
1,335,326
+18,509
| +1% | +$810K |
|
|
STFC
879
DELISTED
State Auto Financial Corp
STFC
| $58.6M | 0.03% |
2,461,906
+18,565
| +0.8% | +$427K |
|
|
WGL
880
DELISTED
Wgl Holdings
WGL
| $58.6M | 0.03% |
934,594
+4,126
| +0.4% | +$275K |
|
881
Wabash National
WNC
$512M
| $58.4M | 0.03% |
4,104,240
+401,992
| +11% | +$5.49M |
|
|
EXPR
882
DELISTED
Express, Inc.
EXPR
| $58.4M | 0.03% |
247,862
+37,323
| +18% | +$10.1M |
|
883
Spectrum Brands
SPB
$2.04B
| $58.4M | 0.03% |
424,294
-27,630
| -6% | -$3.52M |
|
884
Corpay
CPAY
$25B
| $58.4M | 0.03% |
336,217
+8,142
| +2% | +$1.3M |
|
|
AEGN
885
DELISTED
Aegion Corp
AEGN
| $58.4M | 0.03% |
3,060,063
-10,299
| -0.3% | -$197K |
|
886
Gray Television
GTN
$415M
| $58.3M | 0.03% |
5,628,697
+7,264
| +0.1% | +$79.1K |
|
|
RSTI
887
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $58.2M | 0.03% |
1,809,924
-4,287
| -0.2% | -$137K |
|
|
SWN
888
DELISTED
Southwestern Energy Company
SWN
| $58.1M | 0.03% |
4,198,044
-211,007
| -5% | -$2.93M |
|
889
Simmons First National
SFNC
$3.41B
| $58.1M | 0.03% |
2,327,070
+90,346
| +4% | +$2.17M |
|
890
Dine Brands
DIN
$456M
| $58M | 0.03% |
732,562
-6,697
| -0.9% | -$532K |
|
|
CIR
891
DELISTED
CIRCOR International, Inc
CIR
| $58M | 0.03% |
973,345
+11,157
| +1% | +$655K |
|
892
Progress Software
PRGS
$1.66B
| $57.8M | 0.03% |
2,125,021
+50,969
| +2% | +$1.46M |
|
893
MGE Energy Inc
MGEE
$3B
| $57.7M | 0.03% |
1,020,688
-648
| -0.1% | -$36.5K |
|
|
ARII
894
DELISTED
American Railcar Industries, Inc.
ARII
| $57.7M | 0.03% |
1,390,353
+1,202
| +0.1% | +$49K |
|
|
WLL
895
DELISTED
Whiting Petroleum Corporation
WLL
| $57.6M | 0.03% |
21,963
+6,148
| +39% | +$14.4M |
|
896
ePlus
PLUS
$2.42B
| $57.4M | 0.03% |
2,433,476
-88,988
| -4% | -$1.94M |
|
897
Healthcare Realty
HR
$7.28B
| $57.4M | 0.03% |
1,758,086
+21,058
| +1% | +$697K |
|
|
ETFC
898
DELISTED
E*Trade Financial Corporation
ETFC
| $57.3M | 0.03% |
1,969,838
-40,159
| -2% | -$1.04M |
|
899
Brady Corp
BRC
$4.44B
| $57.3M | 0.03% |
1,656,024
+21,361
| +1% | +$703K |
|
900
Idacorp
IDA
$8.27B
| $57.3M | 0.03% |
731,805
-122,752
| -14% | -$9.69M |
|
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.