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 | |
|---|---|---|---|---|---|---|
|
CTLT
1551
DELISTED
CATALENT, INC.
CTLT
| $30.7M | 0.02% |
1,186,337
+301,740
| +34% | +$7.5M |
|
1552
AeroVironment
AVAV
$7.56B
| $30.7M | 0.02% |
1,255,778
+64,850
| +5% | +$1.74M |
|
1553
Chesapeake Utilities
CPK
$3.19B
| $30.6M | 0.02% |
501,699
+2,798
| +0.6% | +$180K |
|
1554
Pearson
PSO
$10.2B
| $30.6M | 0.02% |
3,120,515
+408,462
| +15% | +$4.69M |
|
1555
MSC Industrial Direct
MSM
$6.89B
| $30.5M | 0.02% |
415,957
+46,870
| +13% | +$3.41M |
|
1556
Lincoln Electric
LECO
$14.2B
| $30.5M | 0.02% |
487,267
-26,090
| -5% | -$1.62M |
|
|
COR
1557
DELISTED
Coresite Realty Corporation
COR
| $30.5M | 0.02% |
412,083
+6,498
| +2% | +$527K |
|
|
NUAN
1558
DELISTED
Nuance Communications, Inc.
NUAN
| $30.5M | 0.02% |
2,428,680
-2,917
| -0.1% | -$38.2K |
|
|
ABAX
1559
DELISTED
Abaxis Inc
ABAX
| $30.5M | 0.02% |
590,142
+40,514
| +7% | +$2.03M |
|
1560
LXP Industrial Trust
LXP
$3.57B
| $30.5M | 0.02% |
591,445
+4,797
| +0.8% | +$253K |
|
1561
American Water Works
AWK
$26.7B
| $30.4M | 0.02% |
406,600
+21,614
| +6% | +$1.69M |
|
1562
HealthStream
HSTM
$819M
| $30.4M | 0.02% |
1,102,145
+34,346
| +3% | +$888K |
|
1563
Cooper Companies
COO
$14.1B
| $30.4M | 0.02% |
678,504
+93,396
| +16% | +$4.25M |
|
1564
National CineMedia
NCMI
$376M
| $30.4M | 0.02% |
206,410
+2,389
| +1% | +$364K |
|
1565
Community Trust Bancorp
CTBI
$1.42B
| $30.4M | 0.02% |
818,662
+17,564
| +2% | +$632K |
|
1566
NACCO Industries
NC
$357M
| $30.3M | 0.02% |
1,953,477
+6,920
| +0.4% | +$99.2K |
|
1567
Chunghwa Telecom
CHT
$33.1B
| $30.3M | 0.02% |
863,281
+4,823
| +0.6% | +$175K |
|
1568
IPG Photonics
IPGP
$3.61B
| $30.2M | 0.02% |
367,118
+19,596
| +6% | +$1.64M |
|
1569
Lifecore Biomedical
LFCR
$166M
| $30.2M | 0.02% |
2,253,516
+5,417
| +0.2% | +$65.6K |
|
1570
SBA Communications
SBAC
$19.2B
| $30.1M | 0.02% |
268,494
+7,079
| +3% | +$800K |
|
1571
Empire State Realty Trust
ESRT
$872M
| $30.1M | 0.02% |
1,436,038
+163,811
| +13% | +$3.39M |
|
1572
West Pharmaceutical
WST
$24B
| $30.1M | 0.02% |
403,564
-15,027
| -4% | -$1.19M |
|
1573
Hackett Group
HCKT
$270M
| $30M | 0.02% |
1,818,325
-92,971
| -5% | -$1.42M |
|
1574
Cousins Properties
CUZ
$5.19B
| $29.9M | 0.02% |
1,013,672
-4,699
| -0.5% | -$142K |
|
1575
National Healthcare
NHC
$3.53B
| $29.9M | 0.02% |
452,687
+13,135
| +3% | +$852K |
|
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.