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 | |
|---|---|---|---|---|---|---|
|
OPLN
1051
Openlane
OPLN
$4.21B
| $49.1M | 0.03% |
3,003,391
-107,826
| -3% | -$1.72M |
|
|
CMA
1052
DELISTED
Comerica
CMA
| $49M | 0.03% |
1,036,698
+44,121
| +4% | +$2M |
|
1053
NETSCOUT
NTCT
$2.96B
| $49M | 0.03% |
1,674,579
+546,749
| +48% | +$15M |
|
|
MEG
1054
DELISTED
Media General, Inc
MEG
| $49M | 0.03% |
2,656,969
-3,607
| -0.1% | -$63.9K |
|
1055
SLM Corp
SLM
$4.89B
| $48.9M | 0.03% |
6,549,462
+815,590
| +14% | +$5.86M |
|
1056
Mine Safety
MSA
$7.35B
| $48.9M | 0.03% |
842,550
-500
| -0.1% | -$28K |
|
|
NPKI
1057
NPK International
NPKI
$1.06B
| $48.9M | 0.03% |
6,641,789
+358,410
| +6% | +$2.37M |
|
1058
L3Harris
LHX
$51.6B
| $48.9M | 0.03% |
533,346
+33,646
| +7% | +$2.99M |
|
1059
Boise Cascade
BCC
$2.69B
| $48.8M | 0.03% |
1,921,791
+278,051
| +17% | +$7.14M |
|
1060
Materion
MTRN
$4.39B
| $48.8M | 0.03% |
1,588,693
+58,323
| +4% | +$1.64M |
|
|
SONC
1061
DELISTED
Sonic Corp
SONC
| $48.7M | 0.03% |
1,862,140
+3,666
| +0.2% | +$101K |
|
1062
Credicorp
BAP
$31.8B
| $48.7M | 0.03% |
319,924
+5,870
| +2% | +$925K |
|
1063
Eagle Materials
EXP
$6.29B
| $48.7M | 0.03% |
629,564
+9,836
| +2% | +$790K |
|
1064
Leidos
LDOS
$14.5B
| $48.6M | 0.03% |
1,123,474
+471,200
| +72% | +$21.4M |
|
1065
Weis Markets
WMK
$1.91B
| $48.6M | 0.03% |
917,227
+46,268
| +5% | +$2.4M |
|
1066
Expedia Group
EXPE
$35.4B
| $48.6M | 0.03% |
416,293
+80,051
| +24% | +$9.05M |
|
|
ALJ
1067
DELISTED
Alon USA Energy Inc
ALJ
| $48.5M | 0.03% |
6,023,745
+53,824
| +0.9% | +$399K |
|
|
HW
1068
DELISTED
Headwaters Inc
HW
| $48.5M | 0.03% |
2,869,369
+54,738
| +2% | +$1.01M |
|
1069
Semtech
SMTC
$11B
| $48.5M | 0.03% |
1,750,016
-30,169
| -2% | -$777K |
|
1070
Old Dominion Freight Line
ODFL
$44.1B
| $48.5M | 0.03% |
2,120,358
-48,789
| -2% | -$1.1M |
|
1071
Enel Chile
ENIC
$6.14B
| $48.3M | 0.03% |
10,173,883
-295,406
| -3% | -$1.63M |
|
1072
Kadant
KAI
$3.63B
| $48.2M | 0.03% |
925,001
+3,219
| +0.3% | +$172K |
|
1073
Energizer
ENR
$1.44B
| $48.2M | 0.03% |
964,594
+185,265
| +24% | +$9.1M |
|
1074
Scotiabank
BNS
$107B
| $48.2M | 0.03% |
909,038
-820
| -0.1% | -$42.4K |
|
1075
Netflix
NFLX
$299B
| $48.1M | 0.03% |
4,881,070
+81,820
| +2% | +$781K |
|
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.