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 | |
|---|---|---|---|---|---|---|
1701
Herc Holdings
HRI
$4.64B
| $28.3M | 0.01% |
703,497
+250,844
| +55% | +$9.05M |
|
1702
Forestar Group
FOR
$1.33B
| $28.2M | 0.01% |
2,123,557
+170,330
| +9% | +$2.08M |
|
|
NPTN
1703
DELISTED
NEOPHOTONICS CORP
NPTN
| $28.2M | 0.01% |
2,611,828
+477,203
| +22% | +$6.36M |
|
|
FRGI
1704
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $28.2M | 0.01% |
945,209
+37,495
| +4% | +$1.04M |
|
1705
Carter's
CRI
$1.09B
| $28.2M | 0.01% |
326,303
+1,936
| +0.6% | +$173K |
|
1706
CorVel
CRVL
$3.56B
| $28.2M | 0.01% |
2,309,040
-22,641
| -1% | -$259K |
|
1707
First Community Bankshares
FCBC
$884M
| $28.1M | 0.01% |
932,929
+34,504
| +4% | +$923K |
|
1708
Lloyds Banking Group
LYG
$85.8B
| $28.1M | 0.01% |
9,067,013
+1,076,870
| +13% | +$3.15M |
|
1709
Bassett Furniture
BSET
$151M
| $28.1M | 0.01% |
923,709
-2,689
| -0.3% | -$72.7K |
|
1710
Myers Industries
MYE
$1.18B
| $28.1M | 0.01% |
1,961,918
-46,843
| -2% | -$636K |
|
|
IXYS
1711
DELISTED
IXYS Corp
IXYS
| $28M | 0.01% |
2,354,939
+70,581
| +3% | +$802K |
|
1712
Flowers Foods
FLO
$1.29B
| $28M | 0.01% |
1,402,132
+17,055
| +1% | +$281K |
|
1713
SS&C Technologies
SSNC
$18.8B
| $28M | 0.01% |
977,574
+75,607
| +8% | +$2.34M |
|
1714
Erie Indemnity
ERIE
$12.8B
| $28M | 0.01% |
248,629
-16,212
| -6% | -$1.72M |
|
1715
Supernus Pharmaceuticals
SUPN
$2.5B
| $28M | 0.01% |
1,107,007
+51,511
| +5% | +$1.15M |
|
|
TTM
1716
DELISTED
Tata Motors Limited
TTM
| $27.9M | 0.01% |
811,599
+14,080
| +2% | +$519K |
|
|
HDS
1717
DELISTED
HD Supply Holdings, Inc.
HDS
| $27.8M | 0.01% |
654,197
+8,217
| +1% | +$303K |
|
|
BFX
1718
DELISTED
BowFlex Inc.
BFX
| $27.8M | 0.01% |
1,502,646
+131,987
| +10% | +$2.46M |
|
|
QTS
1719
DELISTED
QTS REALTY TRUST, INC.
QTS
| $27.7M | 0.01% |
558,160
+108,503
| +24% | +$5.24M |
|
|
GRUB
1720
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $27.7M | 0.01% |
367,750
-234,257
| -39% | -$18.1M |
|
1721
Center Bancorp
CNOB
$1.59B
| $27.7M | 0.01% |
1,066,034
+104,361
| +11% | +$2.26M |
|
|
GPOR
1722
DELISTED
Gulfport Energy Corp.
GPOR
| $27.7M | 0.01% |
1,277,844
-25,776
| -2% | -$662K |
|
1723
Donegal Group Class A
DGICA
$700M
| $27.6M | 0.01% |
1,580,912
+28,649
| +2% | +$464K |
|
1724
Camden National
CAC
$971M
| $27.6M | 0.01% |
621,383
+56,795
| +10% | +$2.09M |
|
1725
FirstEnergy
FE
$26.5B
| $27.6M | 0.01% |
891,251
-3,110
| -0.3% | -$99.6K |
|
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.