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 | |
|---|---|---|---|---|---|---|
|
FFIC
1026
DELISTED
Flushing Financial
FFIC
| $50.5M | 0.03% |
2,128,213
+34,890
| +2% | +$776K |
|
|
SASR
1027
DELISTED
Sandy Spring Bancorp Inc
SASR
| $50.5M | 0.03% |
1,649,906
+25,634
| +2% | +$777K |
|
|
AXON
1028
Axon Enterprise
AXON
$42.5B
| $50.4M | 0.03% |
1,761,963
+60,856
| +4% | +$1.69M |
|
1029
BWX Technologies
BWXT
$15.5B
| $50.4M | 0.03% |
1,313,697
-101,357
| -7% | -$3.83M |
|
1030
Mercury Systems
MRCY
$5.83B
| $50.2M | 0.03% |
2,044,579
+37,388
| +2% | +$898K |
|
|
WOOF
1031
DELISTED
VCA Inc.
WOOF
| $50.2M | 0.03% |
717,841
+8,166
| +1% | +$571K |
|
1032
Henry Schein
HSIC
$9.77B
| $50.2M | 0.03% |
785,459
+13,087
| +2% | +$869K |
|
1033
Forward Air
FWRD
$444M
| $50.2M | 0.03% |
1,160,264
+47,516
| +4% | +$2.16M |
|
1034
Philips
PHG
$25.7B
| $50.2M | 0.03% |
2,289,884
-348,876
| -13% | -$7.14M |
|
|
AMWD
1035
DELISTED
American Woodmark
AMWD
| $50.1M | 0.03% |
622,254
-10,238
| -2% | -$800K |
|
1036
Adtran
ADTN
$689M
| $50.1M | 0.03% |
2,616,193
-36,535
| -1% | -$673K |
|
1037
KBR
KBR
$4.62B
| $50M | 0.03% |
3,306,886
+587,633
| +22% | +$8.65M |
|
1038
Zurn Elkay Water Solutions
ZWS
$8.38B
| $49.8M | 0.03% |
4,826,154
+220,253
| +5% | +$2.23M |
|
1039
Telkom Indonesia
TLK
$14.5B
| $49.7M | 0.03% |
1,505,506
-3,276
| -0.2% | -$105K |
|
|
UAM
1040
DELISTED
Universal American Corp
UAM
| $49.6M | 0.03% |
6,489,889
-154,125
| -2% | -$1.14M |
|
|
EQC
1041
DELISTED
Equity Commonwealth
EQC
| $49.6M | 0.03% |
1,641,921
+17,655
| +1% | +$533K |
|
1042
Ulta Beauty
ULTA
$22B
| $49.4M | 0.03% |
207,658
+11,069
| +6% | +$2.8M |
|
|
CIT
1043
DELISTED
CIT Group Inc.
CIT
| $49.4M | 0.03% |
1,361,386
+99,332
| +8% | +$3.47M |
|
1044
M/I Homes
MHO
$3.74B
| $49.4M | 0.03% |
2,096,207
+1,656
| +0.1% | +$36.6K |
|
|
CLR
1045
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $49.4M | 0.03% |
950,263
+6,055
| +0.6% | +$281K |
|
1046
Armstrong World Industries
AWI
$7.38B
| $49.3M | 0.03% |
1,194,213
-2,310
| -0.2% | -$96.7K |
|
|
VGR
1047
DELISTED
Vector Group Ltd.
VGR
| $49.3M | 0.03% |
3,735,598
+16,831
| +0.5% | +$220K |
|
1048
Sherwin-Williams
SHW
$82.7B
| $49.3M | 0.03% |
534,123
+25,797
| +5% | +$2.5M |
|
1049
Ameris Bancorp
ABCB
$5.85B
| $49.2M | 0.03% |
1,406,564
-14,834
| -1% | -$494K |
|
|
PPS
1050
DELISTED
Post Properties
PPS
| $49.1M | 0.03% |
742,571
+4,713
| +0.6% | +$305K |
|
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.