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 |
Synchrony
SYF
|
+$429M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$340M |
| 3 |
Comcast
CMCSA
|
+$323M |
| 4 |
Hewlett Packard
HPE
|
+$271M |
| 5 |
Apple
AAPL
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$451M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$325M |
| 3 |
HP
HPQ
|
+$294M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$285M |
| 5 |
CNW
CON-WAY INC.
CNW
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.04% |
| 2 | Industrials | 13.42% |
| 3 | Technology | 11.6% |
| 4 | Consumer Discretionary | 9.68% |
| 5 | Healthcare | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Lowe's Companies
LOW
$122B
| $168M | 0.1% |
2,206,542
+719
| +0% | +$53.4K |
|
|
ADT
152
DELISTED
ADT Corp
ADT
| $167M | 0.1% |
5,052,262
+223,894
| +5% | +$7.54M |
|
|
PRE
153
DELISTED
PARTNERRE LTD
PRE
| $167M | 0.1% |
1,192,343
-22,256
| -2% | -$3.09M |
|
|
CELG
154
DELISTED
Celgene Corp
CELG
| $165M | 0.1% |
1,381,505
+77,462
| +6% | +$8.96M |
|
155
Realty Income
O
$61.3B
| $165M | 0.1% |
3,294,566
+285,711
| +9% | +$13.7M |
|
156
Assurant
AIZ
$14B
| $164M | 0.1% |
2,042,044
+27,413
| +1% | +$2.26M |
|
157
Curtiss-Wright
CW
$26.9B
| $164M | 0.1% |
2,394,331
+40,246
| +2% | +$2.74M |
|
158
Kemper
KMPR
$1.82B
| $164M | 0.1% |
4,396,606
+6,245
| +0.1% | +$240K |
|
159
Cigna
CI
$79.6B
| $164M | 0.1% |
1,117,643
-11,008
| -1% | -$1.51M |
|
160
Selective Insurance
SIGI
$5.63B
| $163M | 0.1% |
4,860,057
+31,441
| +0.7% | +$1.09M |
|
161
Danaher
DHR
$140B
| $163M | 0.1% |
2,611,139
+117,335
| +5% | +$7.34M |
|
162
Barclays
BCS
$91B
| $163M | 0.1% |
13,404,449
-951,928
| -7% | -$12.6M |
|
163
Petrobras
PBR
$116B
| $161M | 0.1% |
37,462,367
+299,160
| +0.8% | +$1.46M |
|
164
Cemex
CX
$17.3B
| $161M | 0.1% |
31,289,193
-1,355,710
| -4% | -$7.92M |
|
165
Fulton Financial
FULT
$4.73B
| $159M | 0.1% |
12,197,980
+819,850
| +7% | +$11M |
|
166
GATX Corp
GATX
$6.6B
| $159M | 0.1% |
3,726,372
-2,354
| -0.1% | -$106K |
|
167
Owens Corning
OC
$11.5B
| $158M | 0.1% |
3,353,651
+87,542
| +3% | +$4.02M |
|
168
Macerich
MAC
$7.52B
| $157M | 0.1% |
1,950,087
+21,011
| +1% | +$1.69M |
|
169
Arrow Electronics
ARW
$10.8B
| $157M | 0.1% |
2,894,212
+92,878
| +3% | +$5.29M |
|
|
QVCGA
170
DELISTED
QVC Group Inc Series A
QVCGA
| $156M | 0.1% |
117,884
+798
| +0.7% | +$1.05M |
|
|
MBFI
171
DELISTED
MB Financial Corp
MBFI
| $156M | 0.1% |
4,823,111
+197,519
| +4% | +$6.58M |
|
172
Honeywell
HON
$78.3B
| $156M | 0.1% |
1,675,261
+159,174
| +10% | +$14.6M |
|
173
American Express
AXP
$227B
| $156M | 0.1% |
2,239,431
+155,627
| +7% | +$11.3M |
|
174
Associated Banc-Corp
ASB
$5.86B
| $155M | 0.1% |
8,277,477
+716,291
| +9% | +$13.9M |
|
175
Group 1 Automotive
GPI
$4.17B
| $155M | 0.1% |
2,049,654
+3,884
| +0.2% | +$322K |
|
Similar funds
Dimensional Fund Advisors's Q4 2015 Portfolio in Review
As of Q4 2015, Dimensional Fund Advisors held 3,421 positions worth $160B, up 5.3% from $152B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Trading was light in Q4 2015: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 53 new positions and exited 92, leaving the 3,421-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q4 2015 buy was Alphabet (Google) Class A: 9,182,480 shares worth $357M.
- Dimensional Fund Advisors added most to Synchrony in Q4 2015, an estimated $429M increase.
- Dimensional Fund Advisors's biggest Q4 2015 reduction was GE Aerospace, cutting an estimated $451M.
- Dimensional Fund Advisors fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $325M.
- Dimensional Fund Advisors's ten largest holdings make up 9% of its $160B portfolio in Q4 2015.
- Dimensional Fund Advisors opened 53 new positions and closed 92 in Q4 2015.
- Dimensional Fund Advisors's portfolio value rose 5.3% quarter-over-quarter to $160B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2015, filed 10 Feb 2016.