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 | |
|---|---|---|---|---|---|---|
1501
WEX
WEX
$6.65B
| $35.5M | 0.02% |
317,777
+10,920
| +4% | +$1.18M |
|
1502
IPG Photonics
IPGP
$3.24B
| $35.5M | 0.02% |
359,240
-7,878
| -2% | -$735K |
|
1503
Wabtec
WAB
$47.1B
| $35.5M | 0.02% |
427,087
-2,942
| -0.7% | -$242K |
|
|
DST
1504
DELISTED
DST Systems Inc.
DST
| $35.4M | 0.02% |
660,514
+10,926
| +2% | +$577K |
|
1505
Global Indemnity Group
GBLI
$403M
| $35.4M | 0.02% |
925,275
+365
| +0% | +$12.4K |
|
|
ORBC
1506
DELISTED
ORBCOMM, Inc.
ORBC
| $35.3M | 0.02% |
4,267,917
-119,760
| -3% | -$1.05M |
|
1507
Natural Gas Services Group
NGS
$462M
| $35.1M | 0.02% |
1,092,461
+2,220
| +0.2% | +$61K |
|
1508
Sturm, Ruger & Co
RGR
$641M
| $35.1M | 0.02% |
666,421
+2,065
| +0.3% | +$114K |
|
|
GLOG
1509
DELISTED
GASLOG LTD
GLOG
| $35.1M | 0.02% |
2,179,043
-5,040
| -0.2% | -$80.2K |
|
1510
Strategic Education
STRA
$1.79B
| $35.1M | 0.02% |
435,060
+16,980
| +4% | +$1.11M |
|
|
AJRD
1511
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $35M | 0.02% |
1,951,942
+103,725
| +6% | +$1.91M |
|
|
VRE
1512
DELISTED
Veris Residential
VRE
| $35M | 0.02% |
1,206,494
-22
| -0% | -$589 |
|
|
EGL
1513
DELISTED
Engility Holdings, Inc.
EGL
| $34.9M | 0.02% |
1,035,552
+60,693
| +6% | +$2.01M |
|
|
RATE
1514
DELISTED
Bankrate Inc
RATE
| $34.9M | 0.02% |
3,154,149
+220,853
| +8% | +$2.09M |
|
|
USCR
1515
DELISTED
U S Concrete, Inc.
USCR
| $34.8M | 0.02% |
531,789
-25,264
| -5% | -$1.41M |
|
|
SC
1516
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $34.8M | 0.02% |
2,577,669
+816,761
| +46% | +$10.8M |
|
|
CBB
1517
DELISTED
Cincinnati Bell Inc.
CBB
| $34.7M | 0.02% |
1,554,475
+1,267
| +0.1% | +$25.8K |
|
1518
Estee Lauder
EL
$34B
| $34.7M | 0.02% |
453,522
+5,720
| +1% | +$465K |
|
|
COR
1519
DELISTED
Coresite Realty Corporation
COR
| $34.5M | 0.02% |
434,510
+22,427
| +5% | +$1.65M |
|
1520
Chesapeake Utilities
CPK
$3.15B
| $34.4M | 0.02% |
513,566
+11,867
| +2% | +$758K |
|
1521
Tronox
TROX
$682M
| $34.3M | 0.02% |
3,328,599
+626,317
| +23% | +$6.25M |
|
1522
Empire State Realty Trust
ESRT
$720M
| $34.3M | 0.02% |
1,699,374
+263,336
| +18% | +$5.22M |
|
|
VRTU
1523
DELISTED
Virtusa Corporation
VRTU
| $34.3M | 0.02% |
1,365,189
+66,636
| +5% | +$1.47M |
|
1524
TriCo Bancshares
TCBK
$1.72B
| $34.3M | 0.02% |
1,002,978
+33,280
| +3% | +$989K |
|
1525
NVR
NVR
$16.6B
| $34.2M | 0.02% |
20,481
+375
| +2% | +$599K |
|
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.