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 |
AT&T
T
|
+$173M |
| 2 |
Cisco
CSCO
|
+$163M |
| 3 |
Medtronic
MDT
|
+$115M |
| 4 |
WBA
Walgreens Boots Alliance
WBA
|
+$113M |
| 5 |
FirstCash
FCFS
|
+$91.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$357M |
| 2 |
FCS
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
|
+$195M |
| 3 |
Union Pacific
UNP
|
+$153M |
| 4 |
PLCM
POLYCOM INC
PLCM
|
+$112M |
| 5 |
FMER
FIRSTMERIT CORP
FMER
|
+$107M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.14% |
| 2 | Industrials | 13.5% |
| 3 | Technology | 12.85% |
| 4 | Consumer Discretionary | 9.35% |
| 5 | Healthcare | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1426
Resources Connection
RGP
$151M
| $35.2M | 0.02% |
2,353,179
+118,480
| +5% | +$1.77M |
|
|
LMNX
1427
DELISTED
Luminex Corp
LMNX
| $35.2M | 0.02% |
1,547,132
+109,732
| +8% | +$2.39M |
|
|
TSE
1428
DELISTED
Trinseo
TSE
| $35.1M | 0.02% |
621,463
+372,430
| +150% | +$19.7M |
|
|
HRG
1429
DELISTED
HRG Group, Inc.
HRG
| $35.1M | 0.02% |
2,237,005
+164,705
| +8% | +$2.49M |
|
|
PFC
1430
DELISTED
Premier Financial Corp. Common Stock
PFC
| $35.1M | 0.02% |
1,573,154
-3,540
| -0.2% | -$76.2K |
|
1431
Wabtec
WAB
$49.1B
| $35.1M | 0.02% |
430,029
+46,479
| +12% | +$3.41M |
|
1432
DTE Energy
DTE
$29.5B
| $35.1M | 0.02% |
439,838
+14,351
| +3% | +$1.17M |
|
1433
Arthur J. Gallagher & Co
AJG
$64.1B
| $35M | 0.02% |
688,896
+47,053
| +7% | +$2.32M |
|
1434
McCormick & Company Non-Voting
MKC
$13.7B
| $35M | 0.02% |
700,324
+39,452
| +6% | +$2M |
|
1435
Anika Therapeutics
ANIK
$258M
| $34.9M | 0.02% |
729,924
-18,159
| -2% | -$897K |
|
1436
Central Pacific Financial
CPF
$1.02B
| $34.9M | 0.02% |
1,384,774
+102,875
| +8% | +$2.55M |
|
|
NPTN
1437
DELISTED
NEOPHOTONICS CORP
NPTN
| $34.9M | 0.02% |
2,134,625
+232,210
| +12% | +$3.27M |
|
1438
Credit Acceptance
CACC
$5.95B
| $34.8M | 0.02% |
173,060
+5,027
| +3% | +$983K |
|
1439
IDEX
IEX
$17B
| $34.8M | 0.02% |
371,839
-31,590
| -8% | -$2.85M |
|
1440
News Corp Class A
NWSA
$14.9B
| $34.8M | 0.02% |
2,486,806
+55,705
| +2% | +$735K |
|
|
JWN
1441
DELISTED
Nordstrom
JWN
| $34.7M | 0.02% |
669,732
+6,905
| +1% | +$324K |
|
|
EV
1442
DELISTED
Eaton Vance Corp.
EV
| $34.7M | 0.02% |
887,939
+36,923
| +4% | +$1.41M |
|
|
UNT
1443
DELISTED
UNIT Corporation
UNT
| $34.6M | 0.02% |
1,862,977
+585,663
| +46% | +$9.03M |
|
1444
Sun Life Financial
SLF
$46B
| $34.6M | 0.02% |
1,063,536
+392,490
| +58% | +$12.6M |
|
1445
Westamerica Bancorp
WABC
$1.38B
| $34.6M | 0.02% |
679,354
-2,918
| -0.4% | -$142K |
|
1446
A.O. Smith
AOS
$8.17B
| $34.4M | 0.02% |
697,122
+1,970
| +0.3% | +$92K |
|
1447
Manulife Financial
MFC
$73.9B
| $34.4M | 0.02% |
2,439,350
+65,847
| +3% | +$896K |
|
1448
DNOW Inc
DNOW
$2.58B
| $34.4M | 0.02% |
1,606,238
+861,822
| +116% | +$17.2M |
|
1449
City Holding Co
CHCO
$2.05B
| $34.4M | 0.02% |
683,958
+34,581
| +5% | +$1.67M |
|
1450
United Parks & Resorts
PRKS
$2.1B
| $34.4M | 0.02% |
2,549,473
-30,820
| -1% | -$422K |
|
Similar funds
Dimensional Fund Advisors's Q3 2016 Portfolio in Review
As of Q3 2016, Dimensional Fund Advisors held 3,358 positions worth $185B, up 6.5% from $174B the previous quarter. Its ten largest holdings account for 9.2% of the portfolio.
Trading was light in Q3 2016: portfolio turnover was 4.4%. Dimensional Fund Advisors opened 66 new positions and exited 81, leaving the 3,358-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q3 2016 buy was Dell: 4,845,890 shares worth $65M.
- Dimensional Fund Advisors added most to AT&T in Q3 2016, an estimated $173M increase.
- Dimensional Fund Advisors's biggest Q3 2016 reduction was Union Pacific, cutting an estimated $153M.
- Dimensional Fund Advisors fully exited EMC CORPORATION in Q3 2016, selling an estimated $357M.
- Dimensional Fund Advisors's ten largest holdings make up 9.2% of its $185B portfolio in Q3 2016.
- Dimensional Fund Advisors opened 66 new positions and closed 81 in Q3 2016.
- Dimensional Fund Advisors's portfolio value rose 6.5% quarter-over-quarter to $185B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2016, filed 10 Nov 2016.