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 | 21.29% |
| 2 | Industrials | 13.97% |
| 3 | Technology | 12.97% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Energy | 8.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EMBJ
1051
Embraer S.A. ADS
EMBJ
$13.2B
| $53.1M | 0.03% |
2,758,464
+150,175
| +6% | +$2.93M |
|
1052
Ulta Beauty
ULTA
$22.7B
| $53.1M | 0.03% |
208,147
+489
| +0.2% | +$122K |
|
|
EMCI
1053
DELISTED
EMC INS Group Inc
EMCI
| $53M | 0.03% |
1,767,084
+5,652
| +0.3% | +$155K |
|
|
BCR
1054
DELISTED
CR Bard Inc.
BCR
| $53M | 0.03% |
235,925
+2,748
| +1% | +$597K |
|
1055
ING
ING
$104B
| $53M | 0.03% |
3,756,388
-14,474
| -0.4% | -$195K |
|
|
KNL
1056
DELISTED
Knoll, Inc.
KNL
| $52.9M | 0.03% |
1,895,730
+45,554
| +2% | +$1.11M |
|
1057
Microchip Technology
MCHP
$37.8B
| $52.9M | 0.03% |
1,648,614
-31,704
| -2% | -$997K |
|
|
NPKI
1058
NPK International
NPKI
$1.1B
| $52.8M | 0.03% |
7,042,451
+400,662
| +6% | +$2.91M |
|
1059
Commerce Bancshares
CBSH
$8.22B
| $52.8M | 0.03% |
1,416,136
-30,811
| -2% | -$1.04M |
|
1060
M/I Homes
MHO
$3.55B
| $52.7M | 0.03% |
2,094,760
-1,447
| -0.1% | -$34.1K |
|
|
TIF
1061
DELISTED
Tiffany & Co.
TIF
| $52.6M | 0.03% |
679,815
+19,057
| +3% | +$1.47M |
|
1062
Quanex
NX
$952M
| $52.6M | 0.03% |
2,589,887
+110,604
| +4% | +$2.05M |
|
1063
AngioDynamics
ANGO
$639M
| $52.5M | 0.03% |
3,113,954
+18,450
| +0.6% | +$308K |
|
|
LSI
1064
DELISTED
Life Storage, Inc.
LSI
| $52.4M | 0.03% |
922,160
+61,701
| +7% | +$3.42M |
|
1065
Viavi Solutions
VIAV
$8.51B
| $52.4M | 0.03% |
6,405,807
-502,578
| -7% | -$3.9M |
|
1066
Team
TISI
$123M
| $52.3M | 0.03% |
133,209
+395
| +0.3% | +$136K |
|
1067
Comfort Systems
FIX
$55.9B
| $52.3M | 0.03% |
1,569,604
-8,474
| -0.5% | -$264K |
|
1068
PG&E
PCG
$29.4B
| $52.2M | 0.03% |
859,558
+28,488
| +3% | +$1.71M |
|
|
AVTA
1069
DELISTED
Avantax, Inc. Common Stock
AVTA
| $52.1M | 0.03% |
3,534,829
+11,561
| +0.3% | +$156K |
|
|
IRBT
1070
DELISTED
iRobot
IRBT
| $52.1M | 0.03% |
891,541
+1,938
| +0.2% | +$101K |
|
1071
American Electric Power
AEP
$65.7B
| $52.1M | 0.03% |
827,211
+18,411
| +2% | +$1.14M |
|
1072
Equifax
EFX
$19.2B
| $52M | 0.03% |
439,719
-913
| -0.2% | -$112K |
|
1073
MGP Ingredients
MGPI
$308M
| $51.9M | 0.03% |
1,038,925
-70,821
| -6% | -$3.14M |
|
1074
Agilent Technologies
A
$43.3B
| $51.9M | 0.03% |
1,138,981
+1,226
| +0.1% | +$55.6K |
|
1075
Healthcare Realty
HR
$6.34B
| $51.8M | 0.03% |
1,780,861
+22,775
| +1% | +$670K |
|
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 19% 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.