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 | |
|---|---|---|---|---|---|---|
|
MYCC
1876
DELISTED
ClubCorp Holdings, Inc.
MYCC
| $22.9M | 0.01% |
1,598,251
+36,414
| +2% | +$485K |
|
1877
WPP
WPP
$5.57B
| $22.8M | 0.01% |
206,350
-10,582
| -5% | -$1.15M |
|
|
BKMU
1878
DELISTED
Bank Mutual Corp
BKMU
| $22.8M | 0.01% |
2,415,799
+98,984
| +4% | +$840K |
|
1879
Cleveland-Cliffs
CLF
$7.43B
| $22.8M | 0.01% |
2,705,786
+1,289,050
| +91% | +$9.71M |
|
1880
Middlesex Water
MSEX
$1.07B
| $22.7M | 0.01% |
529,175
+17,626
| +3% | +$675K |
|
1881
Dolby
DLB
$5.47B
| $22.7M | 0.01% |
502,771
+27,590
| +6% | +$1.33M |
|
1882
Motorcar Parts of America
MPAA
$205M
| $22.7M | 0.01% |
843,857
+18,233
| +2% | +$481K |
|
|
RAD
1883
DELISTED
Rite Aid Corporation
RAD
| $22.7M | 0.01% |
137,718
-3,885
| -3% | -$587K |
|
1884
H&R Block
HRB
$5.46B
| $22.7M | 0.01% |
985,633
+286,647
| +41% | +$6.55M |
|
|
XOXO
1885
DELISTED
Xo Group Inc
XOXO
| $22.6M | 0.01% |
1,162,533
+80,911
| +7% | +$1.52M |
|
1886
Sibanye-Stillwater
SBSW
$8.53B
| $22.6M | 0.01% |
3,395,524
-575,327
| -14% | -$5.25M |
|
1887
ResMed
RMD
$32.9B
| $22.6M | 0.01% |
364,186
+6,742
| +2% | +$413K |
|
|
LSXMA
1888
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $22.6M | 0.01% |
905,887
-17,864
| -2% | -$445K |
|
|
FARM
1889
DELISTED
Farmer Brothers
FARM
| $22.6M | 0.01% |
614,453
+55,755
| +10% | +$1.89M |
|
1890
Autodesk
ADSK
$45.7B
| $22.5M | 0.01% |
304,632
+12,788
| +4% | +$942K |
|
1891
America's Car Mart
CRMT
$14.6M
| $22.5M | 0.01% |
514,885
+76,971
| +18% | +$3.21M |
|
|
PCMI
1892
DELISTED
PCM, Inc
PCMI
| $22.4M | 0.01% |
995,326
+62,611
| +7% | +$1.32M |
|
|
TI
1893
DELISTED
Telecom Italia
TI
| $22.4M | 0.01% |
2,517,413
| – | – |
|
|
ZEUS
1894
DELISTED
Olympic Steel
ZEUS
| $22.4M | 0.01% |
922,680
-8,205
| -0.9% | -$194K |
|
|
RRTS
1895
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $22.4M | 0.01% |
86,064
+6,708
| +8% | +$1.55M |
|
1896
Lumentum
LITE
$81.3B
| $22.4M | 0.01% |
578,301
+30,570
| +6% | +$1.22M |
|
1897
Harmony Gold Mining
HMY
$12.5B
| $22.3M | 0.01% |
10,079,993
-294,737
| -3% | -$783K |
|
1898
Seneca Foods Class A
SENEA
$1.24B
| $22.3M | 0.01% |
556,138
+4,984
| +0.9% | +$172K |
|
1899
STAG Industrial
STAG
$7.23B
| $22.3M | 0.01% |
932,443
+43,733
| +5% | +$1.01M |
|
|
UCTT
1900
Ultra Clean Holdings
UCTT
$3.11B
| $22.2M | 0.01% |
2,291,277
+377,802
| +20% | +$3.43M |
|
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.