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 | |
|---|---|---|---|---|---|---|
|
LFC
1826
DELISTED
China Life Insurance Company Ltd.
LFC
| $24.5M | 0.01% |
1,905,952
-25,138
| -1% | -$332K |
|
|
EGN
1827
DELISTED
Energen
EGN
| $24.5M | 0.01% |
425,033
-14,467
| -3% | -$824K |
|
|
HTZ
1828
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $24.5M | 0.01% |
1,307,650
+97,531
| +8% | +$2.44M |
|
|
ABCO
1829
DELISTED
Advisory Board Co
ABCO
| $24.4M | 0.01% |
734,233
-5,934
| -0.8% | -$219K |
|
|
ITIC
1830
Investors Title Co
ITIC
$559M
| $24.3M | 0.01% |
153,828
-603
| -0.4% | -$74.6K |
|
|
STBZ
1831
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $24.3M | 0.01% |
905,789
+74,395
| +9% | +$1.81M |
|
1832
Toronto Dominion Bank
TD
$200B
| $24.3M | 0.01% |
493,076
+21,644
| +5% | +$1.01M |
|
|
HBI
1833
DELISTED
Hanesbrands
HBI
| $24.3M | 0.01% |
1,124,834
-12,801
| -1% | -$306K |
|
|
DSPG
1834
DELISTED
DSP Group Inc
DSPG
| $24.2M | 0.01% |
1,858,149
-871
| -0% | -$9.98K |
|
1835
Fossil Group
FOSL
$333M
| $24.2M | 0.01% |
936,186
+332,793
| +55% | +$10M |
|
1836
Ingevity
NGVT
$2.34B
| $24.2M | 0.01% |
440,364
+46,084
| +12% | +$2.21M |
|
1837
Churchill Downs
CHDN
$5.73B
| $24.1M | 0.01% |
962,724
-408
| -0% | -$9.97K |
|
1838
Daktronics
DAKT
$839M
| $24.1M | 0.01% |
2,255,309
+175,759
| +8% | +$1.68M |
|
1839
O-I Glass
OI
$953M
| $24.1M | 0.01% |
1,385,335
-98,327
| -7% | -$1.79M |
|
|
AKRX
1840
DELISTED
Akorn Inc
AKRX
| $24.1M | 0.01% |
1,104,530
+194,528
| +21% | +$4.48M |
|
|
SCNB
1841
DELISTED
Suffolk Bancorp
SCNB
| $24.1M | 0.01% |
562,823
-2,611
| -0.5% | -$102K |
|
|
ASRT
1842
DELISTED
Assertio
ASRT
| $24.1M | 0.01% |
22,268
-3,713
| -14% | -$4.73M |
|
1843
Ducommun
DCO
$2.52B
| $24.1M | 0.01% |
941,768
-1,098
| -0.1% | -$26.8K |
|
|
TOWR
1844
DELISTED
Tower International, Inc.
TOWR
| $24M | 0.01% |
847,263
+61,505
| +8% | +$1.55M |
|
|
MXIM
1845
DELISTED
Maxim Integrated Products
MXIM
| $23.9M | 0.01% |
620,466
+40,207
| +7% | +$1.58M |
|
|
LBY
1846
DELISTED
Libbey, Inc.
LBY
| $23.9M | 0.01% |
1,228,844
+30,181
| +3% | +$545K |
|
1847
EQT Corp
EQT
$31.5B
| $23.9M | 0.01% |
671,010
+18,342
| +3% | +$681K |
|
|
SIR
1848
DELISTED
SELECT INCOME REIT
SIR
| $23.9M | 0.01% |
2,156,764
-23,703
| -1% | -$259K |
|
|
HIBB
1849
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $23.9M | 0.01% |
639,602
-303
| -0% | -$12.3K |
|
|
IPXL
1850
DELISTED
Impax Laboratories, Inc.
IPXL
| $23.7M | 0.01% |
1,791,702
+194,694
| +12% | +$3.33M |
|
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.