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 |
Synchrony
SYF
|
+$429M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$340M |
| 3 |
Comcast
CMCSA
|
+$323M |
| 4 |
Hewlett Packard
HPE
|
+$271M |
| 5 |
Apple
AAPL
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$451M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$325M |
| 3 |
HP
HPQ
|
+$294M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$285M |
| 5 |
CNW
CON-WAY INC.
CNW
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.04% |
| 2 | Industrials | 13.42% |
| 3 | Technology | 11.6% |
| 4 | Consumer Discretionary | 9.68% |
| 5 | Healthcare | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Northrop Grumman
NOC
$78B
| $227M | 0.14% |
1,203,959
+12,838
| +1% | +$2.35M |
|
102
RTX Corp
RTX
$295B
| $227M | 0.14% |
3,753,431
+973,634
| +35% | +$58.9M |
|
103
Tyson Foods
TSN
$21.5B
| $225M | 0.14% |
4,226,749
+8,684
| +0.2% | +$417K |
|
|
AHL
104
DELISTED
ASPEN Insurance Holding Limited
AHL
| $225M | 0.14% |
4,653,491
+264,954
| +6% | +$13M |
|
105
Healthpeak Properties
DOC
$15.7B
| $223M | 0.14% |
6,411,478
+85,918
| +1% | +$2.87M |
|
106
Vornado Realty Trust
VNO
$7.54B
| $218M | 0.14% |
2,691,667
+19,848
| +0.7% | +$1.57M |
|
107
Altria Group
MO
$125B
| $217M | 0.14% |
3,722,738
+249,380
| +7% | +$14.5M |
|
|
CHL
108
DELISTED
China Mobile Limited
CHL
| $217M | 0.13% |
3,843,468
+2,591
| +0.1% | +$153K |
|
109
Helen of Troy
HELE
$672M
| $216M | 0.13% |
2,295,966
-116,030
| -5% | -$11.6M |
|
|
ANDV
110
DELISTED
Andeavor
ANDV
| $216M | 0.13% |
2,051,411
-6,733
| -0.3% | -$726K |
|
111
Webster Financial
WBS
$12.5B
| $216M | 0.13% |
5,797,920
-92,603
| -2% | -$3.51M |
|
|
112
HP
HPQ
$25.9B
| $215M | 0.13% |
18,197,426
-23,003,833
| -56% | -$294M |
|
113
Post Holdings
POST
$4.27B
| $213M | 0.13% |
5,266,944
+338,887
| +7% | +$14M |
|
|
CVG
114
DELISTED
Convergys
CVG
| $212M | 0.13% |
8,523,110
-88,992
| -1% | -$2.24M |
|
115
DuPont de Nemours
DD
$19B
| $212M | 0.13% |
1,624,763
-344,202
| -17% | -$44.2M |
|
116
Archer Daniels Midland
ADM
$40.1B
| $208M | 0.13% |
5,662,787
+46,831
| +0.8% | +$1.88M |
|
|
APC
117
DELISTED
Anadarko Petroleum
APC
| $207M | 0.13% |
4,251,524
-176,285
| -4% | -$10.8M |
|
|
FCS
118
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $204M | 0.13% |
9,842,724
-33,348
| -0.3% | -$604K |
|
119
Philip Morris
PM
$312B
| $204M | 0.13% |
2,317,855
+81,931
| +4% | +$7.11M |
|
120
Republic Services
RSG
$66.6B
| $202M | 0.13% |
4,592,260
+83,832
| +2% | +$3.66M |
|
121
Essex Property Trust
ESS
$18.9B
| $202M | 0.13% |
843,652
+25,359
| +3% | +$5.82M |
|
122
Prestige Consumer Healthcare
PBH
$2.45B
| $201M | 0.13% |
3,908,778
+74,159
| +2% | +$3.68M |
|
123
Wendy's
WEN
$1.46B
| $199M | 0.12% |
18,448,528
+1,356,071
| +8% | +$13.4M |
|
124
3M
MMM
$94.1B
| $197M | 0.12% |
1,564,661
+105,332
| +7% | +$13.5M |
|
125
ICICI Bank
IBN
$109B
| $197M | 0.12% |
27,618,070
| – | – |
|
Similar funds
Dimensional Fund Advisors's Q4 2015 Portfolio in Review
As of Q4 2015, Dimensional Fund Advisors held 3,421 positions worth $160B, up 5.3% from $152B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Trading was light in Q4 2015: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 53 new positions and exited 92, leaving the 3,421-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q4 2015 buy was Alphabet (Google) Class A: 9,182,480 shares worth $357M.
- Dimensional Fund Advisors added most to Synchrony in Q4 2015, an estimated $429M increase.
- Dimensional Fund Advisors's biggest Q4 2015 reduction was GE Aerospace, cutting an estimated $451M.
- Dimensional Fund Advisors fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $325M.
- Dimensional Fund Advisors's ten largest holdings make up 9% of its $160B portfolio in Q4 2015.
- Dimensional Fund Advisors opened 53 new positions and closed 92 in Q4 2015.
- Dimensional Fund Advisors's portfolio value rose 5.3% quarter-over-quarter to $160B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2015, filed 10 Feb 2016.