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 | |
|---|---|---|---|---|---|---|
1001
Ball Corp
BALL
$17.3B
| $51.5M | 0.03% |
1,256,022
+427,736
| +52% | +$16.3M |
|
1002
Tanger
SKT
$4.67B
| $51.4M | 0.03% |
1,319,931
+15,042
| +1% | +$608K |
|
1003
Universal Electronics
UEIC
$57.8M
| $51.4M | 0.03% |
690,230
-4,789
| -0.7% | -$360K |
|
1004
Smith & Wesson
SWBI
$651M
| $51.4M | 0.03% |
2,514,582
+132,502
| +6% | +$2.9M |
|
1005
Advance Auto Parts
AAP
$3.35B
| $51.3M | 0.03% |
344,272
+38,468
| +13% | +$6.15M |
|
1006
Clorox
CLX
$11.6B
| $51.1M | 0.03% |
408,534
+25,634
| +7% | +$3.36M |
|
1007
Tredegar Corp
TG
$265M
| $51.1M | 0.03% |
2,750,706
+33,182
| +1% | +$599K |
|
|
JOY
1008
DELISTED
Joy Global Inc
JOY
| $51.1M | 0.03% |
1,842,259
+242,576
| +15% | +$6.43M |
|
1009
Exelon
EXC
$47.2B
| $51.1M | 0.03% |
2,151,965
+163,412
| +8% | +$4.11M |
|
1010
Century Aluminum
CENX
$4.43B
| $51.1M | 0.03% |
7,347,855
-44,143
| -0.6% | -$302K |
|
1011
Viavi Solutions
VIAV
$9.12B
| $51.1M | 0.03% |
6,908,385
+289,014
| +4% | +$2.12M |
|
|
LSI
1012
DELISTED
Life Storage, Inc.
LSI
| $51M | 0.03% |
860,459
+91,443
| +12% | +$5.85M |
|
1013
LKQ Corp
LKQ
$5.68B
| $51M | 0.03% |
1,438,265
+91,767
| +7% | +$3.18M |
|
|
AZPN
1014
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $50.9M | 0.03% |
1,088,693
-234,931
| -18% | -$11M |
|
1015
Regis Corp
RGS
$68.4M
| $50.9M | 0.03% |
202,648
-7,006
| -3% | -$1.84M |
|
1016
Sinclair Inc
SBGI
$992M
| $50.9M | 0.03% |
1,760,933
-13,486
| -0.8% | -$391K |
|
1017
PG&E
PCG
$38.3B
| $50.8M | 0.03% |
831,070
+64,143
| +8% | +$4.07M |
|
1018
Pricesmart
PSMT
$5.98B
| $50.8M | 0.03% |
606,584
+14,457
| +2% | +$1.19M |
|
1019
American States Water
AWR
$3.36B
| $50.7M | 0.03% |
1,266,668
-3,639
| -0.3% | -$151K |
|
1020
Northwest Natural Holdings
NWN
$2.06B
| $50.7M | 0.03% |
843,863
+5,533
| +0.7% | +$346K |
|
|
GCI
1021
DELISTED
Gannett Co., Inc
GCI
| $50.7M | 0.03% |
4,357,447
+156,405
| +4% | +$1.95M |
|
|
WFM
1022
DELISTED
Whole Foods Market Inc
WFM
| $50.7M | 0.03% |
1,788,048
+242,054
| +16% | +$7.45M |
|
1023
Steven Madden
SHOO
$3.37B
| $50.6M | 0.03% |
2,197,964
+35,483
| +2% | +$828K |
|
1024
Rambus
RMBS
$9.87B
| $50.6M | 0.03% |
4,045,668
+199,791
| +5% | +$2.64M |
|
1025
CBIZ
CBZ
$2.99B
| $50.5M | 0.03% |
4,516,474
+76,956
| +2% | +$855K |
|
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.