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 |
Charter Communications
CHTR
|
+$352M |
| 2 |
Intel
INTC
|
+$271M |
| 3 |
Wells Fargo
WFC
|
+$146M |
| 4 |
Cisco
CSCO
|
+$112M |
| 5 |
Medtronic
MDT
|
+$107M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$713M |
| 2 |
ADT
ADT Corp
ADT
|
+$218M |
| 3 |
GE Aerospace
GE
|
+$179M |
| 4 |
ARG
Airgas Inc
ARG
|
+$142M |
| 5 |
Mondelez International
MDLZ
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.48% |
| 2 | Industrials | 13.41% |
| 3 | Technology | 11.89% |
| 4 | Healthcare | 9.25% |
| 5 | Consumer Discretionary | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LPNT
101
DELISTED
LifePoint Health, Inc.
LPNT
| $241M | 0.14% |
3,687,641
+29,951
| +0.8% | +$2.04M |
|
|
DMC
102
Del Monte Corp
DMC
$1.36B
| $240M | 0.14% |
4,407,560
-35,393
| -0.8% | -$1.73M |
|
103
3M
MMM
$91.9B
| $240M | 0.14% |
1,638,571
+30,719
| +2% | +$4.33M |
|
|
AHL
104
DELISTED
ASPEN Insurance Holding Limited
AHL
| $238M | 0.14% |
5,121,926
+292,158
| +6% | +$13.6M |
|
105
Archer Daniels Midland
ADM
$40.1B
| $237M | 0.14% |
5,537,383
-63,534
| -1% | -$2.53M |
|
106
Vodafone
VOD
$36.4B
| $235M | 0.14% |
7,613,635
-5,755
| -0.1% | -$187K |
|
107
J.M. Smucker
SJM
$12.9B
| $235M | 0.14% |
1,541,525
+132,833
| +9% | +$17.7M |
|
108
Realty Income
O
$61.1B
| $230M | 0.13% |
3,422,828
+74,969
| +2% | +$4.55M |
|
109
Petrobras Class A
PBR.A
$103B
| $229M | 0.13% |
39,408,586
-1,258,582
| -3% | -$6.5M |
|
110
TSMC
TSM
$2.07T
| $228M | 0.13% |
8,697,823
+1,270,281
| +17% | +$31.7M |
|
111
Vornado Realty Trust
VNO
$7.43B
| $226M | 0.13% |
2,790,165
+62,884
| +2% | +$4.87M |
|
112
CNO Financial Group
CNO
$4.96B
| $225M | 0.13% |
12,859,276
-988,249
| -7% | -$18.6M |
|
113
Bank of Montreal
BMO
$125B
| $224M | 0.13% |
3,528,738
+877,580
| +33% | +$55.6M |
|
|
GGP
114
DELISTED
GGP Inc.
GGP
| $223M | 0.13% |
7,487,219
+174,802
| +2% | +$4.94M |
|
115
MetLife
MET
$61.2B
| $222M | 0.13% |
6,268,188
-41,284
| -0.7% | -$1.61M |
|
116
Marathon Petroleum
MPC
$91.2B
| $220M | 0.13% |
5,790,150
+28,217
| +0.5% | +$1.04M |
|
117
Healthpeak Properties
DOC
$15.5B
| $218M | 0.13% |
6,770,944
+133,392
| +2% | +$4.14M |
|
118
Fidelity National Information Services
FIS
$22.3B
| $217M | 0.12% |
2,943,108
-55,922
| -2% | -$3.93M |
|
|
CHL
119
DELISTED
China Mobile Limited
CHL
| $217M | 0.12% |
3,741,095
-86,165
| -2% | -$4.85M |
|
120
Digital Realty Trust
DLR
$72.4B
| $215M | 0.12% |
1,970,155
+130,224
| +7% | +$12.4M |
|
121
Allstate
ALL
$67.3B
| $213M | 0.12% |
3,050,105
-14,724
| -0.5% | -$986K |
|
|
TECD
122
DELISTED
Tech Data Corp
TECD
| $213M | 0.12% |
2,968,543
-5,497
| -0.2% | -$399K |
|
123
Morgan Stanley
MS
$337B
| $213M | 0.12% |
8,202,196
-129,352
| -2% | -$3.38M |
|
|
WBA
124
DELISTED
Walgreens Boots Alliance
WBA
| $212M | 0.12% |
2,549,164
+220,849
| +9% | +$17.8M |
|
|
AMSG
125
DELISTED
Amsurg Corp
AMSG
| $212M | 0.12% |
2,730,701
-269,891
| -9% | -$20.9M |
|
Similar funds
Dimensional Fund Advisors's Q2 2016 Portfolio in Review
As of Q2 2016, Dimensional Fund Advisors held 3,367 positions worth $174B, up 4% from $167B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Trading was light in Q2 2016: portfolio turnover was 4.3%. Dimensional Fund Advisors opened 68 new positions and exited 77, leaving the 3,367-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q2 2016 buy was ATN International: 819,912 shares worth $63.8M.
- Dimensional Fund Advisors added most to Charter Communications in Q2 2016, an estimated $352M increase.
- Dimensional Fund Advisors's biggest Q2 2016 reduction was GE Aerospace, cutting an estimated $179M.
- Dimensional Fund Advisors fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $713M.
- Dimensional Fund Advisors's ten largest holdings make up 9.4% of its $174B portfolio in Q2 2016.
- Dimensional Fund Advisors opened 68 new positions and closed 77 in Q2 2016.
- Dimensional Fund Advisors's portfolio value rose 4% quarter-over-quarter to $174B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2016, filed 9 Aug 2016.