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 | |
|---|---|---|---|---|---|---|
1001
Ubiquiti
UI
$31.6B
| $56.6M | 0.03% |
978,697
-179,286
| -15% | -$9.78M |
|
1002
Kadant
KAI
$3.58B
| $56.5M | 0.03% |
923,230
-1,771
| -0.2% | -$102K |
|
1003
Dine Brands
DIN
$462M
| $56.3M | 0.03% |
730,891
-1,671
| -0.2% | -$136K |
|
|
LHCG
1004
DELISTED
LHC Group LLC
LHCG
| $56.2M | 0.03% |
1,229,545
+59,924
| +5% | +$2.44M |
|
|
FBR
1005
DELISTED
Fibria Celulose Sa
FBR
| $56.2M | 0.03% |
5,844,443
-80,414
| -1% | -$677K |
|
1006
Viasat
VSAT
$9.67B
| $56.2M | 0.03% |
848,085
-71,968
| -8% | -$5.16M |
|
1007
Ethan Allen Interiors
ETD
$600M
| $56.2M | 0.03% |
1,523,925
+67,122
| +5% | +$2.25M |
|
1008
MYR Group
MYRG
$5.01B
| $56.1M | 0.03% |
1,489,253
-52,489
| -3% | -$1.8M |
|
1009
Exponent
EXPO
$3.19B
| $56M | 0.03% |
1,858,640
-768
| -0% | -$22.3K |
|
1010
Packaging Corp of America
PKG
$22.2B
| $56M | 0.03% |
660,588
-14,828
| -2% | -$1.24M |
|
1011
Forward Air
FWRD
$461M
| $56M | 0.03% |
1,181,356
+21,092
| +2% | +$965K |
|
|
SIVB
1012
DELISTED
SVB Financial Group
SIVB
| $56M | 0.03% |
325,966
-1,695
| -0.5% | -$243K |
|
1013
AstraZeneca
AZN
$269B
| $55.9M | 0.03% |
1,023,041
+22,001
| +2% | +$1.25M |
|
1014
GSK
GSK
$107B
| $55.9M | 0.03% |
1,161,074
+23,552
| +2% | +$1.16M |
|
1015
Sinclair Inc
SBGI
$1.02B
| $55.8M | 0.03% |
1,671,889
-89,044
| -5% | -$2.65M |
|
1016
PPG Industries
PPG
$24.9B
| $55.6M | 0.03% |
586,729
+8,060
| +1% | +$769K |
|
1017
Hyster-Yale Materials Handling
HY
$576M
| $55.6M | 0.03% |
871,382
+6,769
| +0.8% | +$417K |
|
1018
Roper Technologies
ROP
$40.4B
| $55.5M | 0.03% |
303,307
-6,837
| -2% | -$1.23M |
|
|
SCS
1019
DELISTED
Steelcase
SCS
| $55.5M | 0.03% |
3,101,642
+158,234
| +5% | +$2.38M |
|
|
TXNM
1020
TXNM Energy Inc
TXNM
$6.39B
| $55.5M | 0.03% |
1,617,212
+1,920
| +0.1% | +$62.3K |
|
|
CYNO
1021
DELISTED
Cynosure, Inc. Class A
CYNO
| $55.5M | 0.03% |
1,216,198
+28,394
| +2% | +$1.3M |
|
|
CFNL
1022
DELISTED
Cardinal Financial Corp
CFNL
| $55.4M | 0.03% |
1,690,115
-8,721
| -0.5% | -$258K |
|
1023
Edwards Lifesciences
EW
$49.4B
| $55.4M | 0.03% |
1,772,349
-67,749
| -4% | -$2.2M |
|
1024
Pediatrix Medical
MD
$2.2B
| $55.3M | 0.03% |
828,943
+43,721
| +6% | +$2.84M |
|
1025
Exelon
EXC
$48.1B
| $55.3M | 0.03% |
2,182,648
+30,683
| +1% | +$728K |
|
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.