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 | |
|---|---|---|---|---|---|---|
1351
First Financial Bankshares
FFIN
$4.77B
| $41M | 0.02% |
1,812,114
+243,330
| +16% | +$4.99M |
|
1352
Diageo
DEO
$48.2B
| $40.9M | 0.02% |
393,778
+16,470
| +4% | +$1.73M |
|
1353
NN Inc
NNBR
$277M
| $40.9M | 0.02% |
2,145,398
+175,151
| +9% | +$3.1M |
|
1354
Movado Group
MOV
$746M
| $40.8M | 0.02% |
1,418,847
-10,349
| -0.7% | -$267K |
|
1355
Affiliated Managers Group
AMG
$9.13B
| $40.8M | 0.02% |
280,523
-8,792
| -3% | -$1.28M |
|
|
RAVN
1356
DELISTED
Raven Industries Inc
RAVN
| $40.8M | 0.02% |
1,617,344
-20,832
| -1% | -$495K |
|
|
ECOL
1357
DELISTED
US Ecology, Inc.
ECOL
| $40.7M | 0.02% |
828,551
+8,621
| +1% | +$390K |
|
1358
JB Hunt Transport Services
JBHT
$22.4B
| $40.7M | 0.02% |
418,774
+3,979
| +1% | +$354K |
|
|
KE
1359
Kimball Electronics
KE
$600M
| $40.6M | 0.02% |
2,230,274
+131,946
| +6% | +$2.12M |
|
1360
Intuitive Surgical
ISRG
$137B
| $40.6M | 0.02% |
575,604
+13,320
| +2% | +$979K |
|
1361
Fastenal
FAST
$56B
| $40.5M | 0.02% |
3,446,084
-39,120
| -1% | -$429K |
|
1362
National Beverage
FIZZ
$2.99B
| $40.4M | 0.02% |
1,583,074
-570,012
| -26% | -$14M |
|
1363
Bankunited
BKU
$3.21B
| $40.4M | 0.02% |
1,072,664
+29,029
| +3% | +$967K |
|
1364
Western Union
WU
$2.06B
| $40.4M | 0.02% |
1,859,830
+37,568
| +2% | +$780K |
|
1365
Copart
CPRT
$27.4B
| $40.4M | 0.02% |
5,826,000
-340,560
| -6% | -$2.31M |
|
1366
NACCO Industries
NC
$285M
| $40.3M | 0.02% |
1,948,737
-4,740
| -0.2% | -$90.3K |
|
|
CTXS
1367
DELISTED
Citrix Systems Inc
CTXS
| $40.3M | 0.02% |
566,774
+13,003
| +2% | +$899K |
|
1368
Flexsteel Industries
FLXS
$333M
| $40.3M | 0.02% |
653,568
+4,698
| +0.7% | +$244K |
|
1369
Revvity
RVTY
$16.6B
| $40.3M | 0.02% |
772,837
+59,736
| +8% | +$3.12M |
|
|
CEB
1370
DELISTED
CEB Inc.
CEB
| $40.3M | 0.02% |
664,186
+3,734
| +0.6% | +$206K |
|
|
RGC
1371
DELISTED
Regal Entertainment Group
RGC
| $40.2M | 0.02% |
1,953,398
-75,372
| -4% | -$1.67M |
|
1372
Fortune Brands Innovations
FBIN
$4.74B
| $40.2M | 0.02% |
879,352
+9,248
| +1% | +$437K |
|
1373
Badger Meter
BMI
$3.7B
| $40.2M | 0.02% |
1,087,438
+8,230
| +0.8% | +$287K |
|
1374
Aptiv
APTV
$9.11B
| $40.1M | 0.02% |
595,330
-2,186
| -0.4% | -$147K |
|
|
SLCA
1375
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $40.1M | 0.02% |
707,054
+14,748
| +2% | +$729K |
|
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.