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 | |
|---|---|---|---|---|---|---|
1201
LPL Financial
LPLA
$26B
| $47M | 0.02% |
1,333,941
+340,209
| +34% | +$11.9M |
|
1202
Snap-on
SNA
$19.3B
| $46.9M | 0.02% |
273,649
-509
| -0.2% | -$82.8K |
|
1203
Raymond James Financial
RJF
$31.4B
| $46.9M | 0.02% |
1,014,797
+2,639
| +0.3% | +$117K |
|
1204
City Holding Co
CHCO
$2.02B
| $46.8M | 0.02% |
692,703
+8,745
| +1% | +$509K |
|
|
SNCR
1205
DELISTED
Synchronoss Technologies
SNCR
| $46.8M | 0.02% |
135,704
+9,103
| +7% | +$3.43M |
|
1206
Henry Schein
HSIC
$9.45B
| $46.8M | 0.02% |
786,173
+714
| +0.1% | +$43.1K |
|
|
WAIR
1207
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $46.7M | 0.02% |
3,125,501
+177,575
| +6% | +$2.49M |
|
1208
Cognex
CGNX
$10.3B
| $46.7M | 0.02% |
1,468,508
-332,292
| -18% | -$9.52M |
|
1209
Heartland Express
HTLD
$932M
| $46.7M | 0.02% |
2,292,168
+127,343
| +6% | +$2.56M |
|
|
GAP
1210
The Gap Inc
GAP
$7.24B
| $46.7M | 0.02% |
2,079,337
+332,422
| +19% | +$8.56M |
|
1211
Energizer
ENR
$1.47B
| $46.7M | 0.02% |
1,045,940
+81,346
| +8% | +$3.71M |
|
1212
White Mountains Insurance
WTM
$4.96B
| $46.7M | 0.02% |
55,807
+5,673
| +11% | +$4.75M |
|
|
ESND
1213
DELISTED
Essendant Inc.
ESND
| $46.6M | 0.02% |
2,231,976
+17,982
| +0.8% | +$342K |
|
1214
Bank OZK
OZK
$5.29B
| $46.4M | 0.02% |
882,388
-240,320
| -21% | -$10.7M |
|
1215
Eagle Bancorp
EGBN
$867M
| $46.4M | 0.02% |
761,062
+18,260
| +2% | +$1M |
|
1216
Cullen/Frost Bankers
CFR
$9.93B
| $46.3M | 0.02% |
524,539
+15,135
| +3% | +$1.21M |
|
1217
Gentherm
THRM
$1.19B
| $46.3M | 0.02% |
1,366,489
+2,247
| +0.2% | +$69.9K |
|
1218
Zurn Elkay Water Solutions
ZWS
$7.57B
| $46.2M | 0.02% |
4,897,708
+71,554
| +1% | +$692K |
|
1219
Primoris Services
PRIM
$4.08B
| $46.1M | 0.02% |
2,025,635
+11,316
| +0.6% | +$249K |
|
1220
Power Integrations
POWI
$2.77B
| $46.1M | 0.02% |
1,357,996
-118,748
| -8% | -$3.89M |
|
1221
Universal Insurance Holdings
UVE
$1.23B
| $46.1M | 0.02% |
1,621,913
+14,518
| +0.9% | +$346K |
|
|
VRN
1222
DELISTED
Veren
VRN
| $45.9M | 0.02% |
3,377,052
+3,609
| +0.1% | +$46.2K |
|
|
LBRDK
1223
DELISTED
Liberty Broadband Class C
LBRDK
| $45.9M | 0.02% |
619,421
+45,769
| +8% | +$3.21M |
|
|
GTT
1224
DELISTED
GTT Communications, Inc.
GTT
| $45.7M | 0.02% |
1,590,122
+10,559
| +0.7% | +$260K |
|
1225
Federal Agricultural Mortgage
AGM
$2.41B
| $45.7M | 0.02% |
798,237
-3,304
| -0.4% | -$161K |
|
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.