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 | 18.13% |
| 2 | Industrials | 13.8% |
| 3 | Technology | 12.5% |
| 4 | Consumer Discretionary | 9.7% |
| 5 | Healthcare | 9.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1426
Bright Horizons
BFAM
$3.27B
| $32.5M | 0.02% |
490,062
-21,950
| -4% | -$1.43M |
|
1427
Argan
AGX
$5.38B
| $32.5M | 0.02% |
778,652
+50,809
| +7% | +$1.82M |
|
1428
Tennant Co
TNC
$1.15B
| $32.5M | 0.02% |
602,803
-11,158
| -2% | -$594K |
|
1429
Manulife Financial
MFC
$73.1B
| $32.4M | 0.02% |
2,373,503
-456,659
| -16% | -$6.5M |
|
|
ASRT
1430
DELISTED
Assertio
ASRT
| $32.4M | 0.02% |
27,526
-4,853
| -15% | -$5.31M |
|
1431
Citizens Financial Group
CFG
$28.4B
| $32.4M | 0.02% |
1,621,216
+528,943
| +48% | +$11.7M |
|
|
WEB
1432
DELISTED
Web.com Group, Inc.
WEB
| $32.3M | 0.02% |
1,778,202
+12,841
| +0.7% | +$234K |
|
|
VISN
1433
Vistance Networks Inc
VISN
$1.5B
| $32.3M | 0.02% |
1,041,732
-129,265
| -11% | -$3.84M |
|
|
VRE
1434
DELISTED
Veris Residential
VRE
| $32.3M | 0.02% |
1,196,731
+10,794
| +0.9% | +$276K |
|
|
SNCR
1435
DELISTED
Synchronoss Technologies
SNCR
| $32.3M | 0.02% |
112,643
+19,874
| +21% | +$6M |
|
|
GAS
1436
DELISTED
AGL Resources Inc
GAS
| $32.3M | 0.02% |
489,446
+417
| +0.1% | +$27.4K |
|
1437
Banc of California
BANC
$2.94B
| $32.2M | 0.02% |
1,781,339
+494,363
| +38% | +$9.49M |
|
1438
Tenet Healthcare
THC
$21B
| $32.2M | 0.02% |
1,164,036
+501,551
| +76% | +$14.8M |
|
1439
Bankunited
BKU
$3.19B
| $32.2M | 0.02% |
1,046,746
+87,688
| +9% | +$2.92M |
|
1440
Harmony Gold Mining
HMY
$12.5B
| $32.1M | 0.02% |
8,897,893
+719,288
| +9% | +$2.49M |
|
|
LBRDK
1441
DELISTED
Liberty Broadband Class C
LBRDK
| $32.1M | 0.02% |
534,706
-28,844
| -5% | -$1.68M |
|
1442
Winnebago Industries
WGO
$764M
| $32.1M | 0.02% |
1,399,492
+163,197
| +13% | +$3.51M |
|
|
UN
1443
DELISTED
Unilever NV New York Registry Shares
UN
| $32.1M | 0.02% |
683,193
+42,961
| +7% | +$1.93M |
|
1444
Raymond James Financial
RJF
$31.4B
| $32M | 0.02% |
975,075
+7,572
| +0.8% | +$259K |
|
1445
Toro Company
TTC
$8.76B
| $32M | 0.02% |
726,326
-66,898
| -8% | -$2.92M |
|
1446
Norwegian Cruise Line
NCLH
$6.63B
| $32M | 0.02% |
802,831
+4,782
| +0.6% | +$228K |
|
|
DISCK
1447
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $31.9M | 0.02% |
1,338,909
+372,999
| +39% | +$9.85M |
|
|
TYPE
1448
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $31.9M | 0.02% |
1,295,701
+36,132
| +3% | +$841K |
|
1449
JB Hunt Transport Services
JBHT
$22.4B
| $31.8M | 0.02% |
393,515
-2,014
| -0.5% | -$166K |
|
1450
West Pharmaceutical
WST
$25.8B
| $31.8M | 0.02% |
418,591
+934
| +0.2% | +$68K |
|
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 18% of assets, up from 18% 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.