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 | |
|---|---|---|---|---|---|---|
1651
Astronics
ATRO
$3.43B
| $27.5M | 0.01% |
969,590
+14,940
| +2% | +$382K |
|
1652
Zumiez
ZUMZ
$332M
| $27.5M | 0.01% |
1,528,882
+48,414
| +3% | +$803K |
|
1653
Burlington
BURL
$23.2B
| $27.5M | 0.01% |
339,477
+10,389
| +3% | +$803K |
|
|
CPLA
1654
DELISTED
Capella Education Company
CPLA
| $27.5M | 0.01% |
473,679
+15,733
| +3% | +$917K |
|
1655
Global Indemnity Group
GBLI
$402M
| $27.5M | 0.01% |
924,910
+4,630
| +0.5% | +$136K |
|
1656
Ligand Pharmaceuticals
LGND
$5.76B
| $27.4M | 0.01% |
431,015
-29,995
| -7% | -$2.2M |
|
1657
Washington Trust Bancorp
WASH
$743M
| $27.4M | 0.01% |
682,004
+15,315
| +2% | +$615K |
|
1658
Helios Technologies
HLIO
$2.57B
| $27.4M | 0.01% |
848,068
+5,828
| +0.7% | +$176K |
|
|
ECHO
1659
DELISTED
Echo Global Logistics, Inc.
ECHO
| $27.4M | 0.01% |
1,186,299
+10,989
| +0.9% | +$269K |
|
|
ITC
1660
DELISTED
ITC HOLDINGS CORP
ITC
| $27.3M | 0.01% |
588,040
+9,850
| +2% | +$456K |
|
1661
O-I Glass
OI
$1.1B
| $27.3M | 0.01% |
1,483,662
-12,998
| -0.9% | -$236K |
|
1662
Johnson Outdoors
JOUT
$491M
| $27.2M | 0.01% |
749,207
+1,439
| +0.2% | +$44.6K |
|
1663
Hilton Worldwide
HLT
$72.1B
| $27.2M | 0.01% |
395,048
-63,573
| -14% | -$4.48M |
|
|
ANSS
1664
DELISTED
Ansys
ANSS
| $27.1M | 0.01% |
293,009
+18,457
| +7% | +$1.72M |
|
|
PTVCB
1665
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $27.1M | 0.01% |
1,057,907
+1,097
| +0.1% | +$28.4K |
|
1666
Forrester Research
FORR
$223M
| $27.1M | 0.01% |
696,975
+4,623
| +0.7% | +$183K |
|
|
WBC
1667
DELISTED
WABCO HOLDINGS INC.
WBC
| $27.1M | 0.01% |
238,793
+6,055
| +3% | +$617K |
|
1668
Erie Indemnity
ERIE
$12.7B
| $27M | 0.01% |
264,841
-10,349
| -4% | -$1.03M |
|
|
VIVO
1669
DELISTED
Meridian Bioscience Inc
VIVO
| $27M | 0.01% |
1,398,996
+10,643
| +0.8% | +$208K |
|
|
ITG
1670
DELISTED
Investment Technology Group Inc
ITG
| $27M | 0.01% |
1,574,276
-1,135
| -0.1% | -$18.7K |
|
1671
LivaNova
LIVN
$4.4B
| $27M | 0.01% |
448,576
-165,093
| -27% | -$9.49M |
|
|
AMRI
1672
DELISTED
Albany Molecular Research Inc
AMRI
| $27M | 0.01% |
1,632,539
-40,314
| -2% | -$597K |
|
1673
DHI Group
DHX
$182M
| $26.9M | 0.01% |
3,415,399
-109,519
| -3% | -$799K |
|
|
ENLC
1674
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $26.9M | 0.01% |
1,608,097
+402,071
| +33% | +$6.52M |
|
1675
CMS Energy
CMS
$22.6B
| $26.9M | 0.01% |
640,926
+39,498
| +7% | +$1.72M |
|
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.