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 | |
|---|---|---|---|---|---|---|
1651
RPC Inc
RES
$1.31B
| $30.1M | 0.02% |
1,517,694
-740,069
| -33% | -$13.9M |
|
1652
Repligen
RGEN
$10.1B
| $30.1M | 0.02% |
975,474
-44,954
| -4% | -$1.39M |
|
1653
Kforce
KFRC
$924M
| $30M | 0.02% |
1,300,018
+57,552
| +5% | +$1.18M |
|
1654
Kosmos Energy
KOS
$1.69B
| $30M | 0.02% |
4,283,354
+89,212
| +2% | +$508K |
|
|
IL
1655
DELISTED
IntraLinks Holdings Inc.
IL
| $30M | 0.02% |
2,219,238
+95,101
| +4% | +$1.06M |
|
|
UN
1656
DELISTED
Unilever NV New York Registry Shares
UN
| $30M | 0.02% |
730,087
+20,222
| +3% | +$837K |
|
|
SFBS
1657
ServisFirst Bancshares
SFBS
$4.48B
| $30M | 0.02% |
1,601,198
+122,150
| +8% | +$1.93M |
|
|
PTR
1658
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $30M | 0.02% |
406,427
+29,144
| +8% | +$2.06M |
|
|
DENN
1659
DELISTED
Denny's
DENN
| $29.9M | 0.01% |
2,332,393
+89,155
| +4% | +$1.04M |
|
1660
Forrester Research
FORR
$214M
| $29.9M | 0.01% |
696,422
-553
| -0.1% | -$22K |
|
1661
DigitalBridge
DBRG
$2.98B
| $29.8M | 0.01% |
499,484
+80,005
| +19% | +$4.52M |
|
|
GWB
1662
DELISTED
Great Western Bancorp, Inc.
GWB
| $29.8M | 0.01% |
683,182
+259,969
| +61% | +$9.71M |
|
1663
Johnson Outdoors
JOUT
$464M
| $29.7M | 0.01% |
749,318
+111
| +0% | +$4.28K |
|
|
FRAN
1664
DELISTED
Francesca's Holdings Corporation
FRAN
| $29.6M | 0.01% |
137,019
+7,037
| +5% | +$1.46M |
|
1665
Toro Company
TTC
$8.73B
| $29.6M | 0.01% |
529,675
-21,540
| -4% | -$1.1M |
|
|
STMP
1666
DELISTED
Stamps.com, Inc.
STMP
| $29.6M | 0.01% |
258,094
-38,155
| -13% | -$3.97M |
|
1667
Grupo Aeroportuario del Sureste
ASR
$7.37B
| $29.6M | 0.01% |
205,563
-48,599
| -19% | -$7.33M |
|
1668
American Water Works
AWK
$27.5B
| $29.6M | 0.01% |
408,685
+2,085
| +0.5% | +$151K |
|
|
HMHC
1669
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $29.5M | 0.01% |
2,720,838
+79,864
| +3% | +$936K |
|
1670
Installed Building Products
IBP
$5.29B
| $29.3M | 0.01% |
709,804
+15,724
| +2% | +$599K |
|
|
BEAV
1671
DELISTED
B/E Aerospace Inc
BEAV
| $29.2M | 0.01% |
485,444
-10,528
| -2% | -$606K |
|
1672
Entergy
ETR
$49.4B
| $29.2M | 0.01% |
793,884
+52,638
| +7% | +$1.89M |
|
|
ROIC
1673
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $29.1M | 0.01% |
1,375,272
+54,005
| +4% | +$1.11M |
|
|
CTRA
1674
DELISTED
Coterra Energy
CTRA
| $29M | 0.01% |
1,242,946
-44,337
| -3% | -$997K |
|
1675
Republic Bancorp
RBCAA
$1.84B
| $29M | 0.01% |
733,496
+13,213
| +2% | +$458K |
|
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.