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 | |
|---|---|---|---|---|---|---|
1926
Antero Resources
AR
$11B
| $21.4M | 0.01% |
906,453
+46,056
| +5% | +$1.18M |
|
|
WIFI
1927
DELISTED
Boingo Wireless, Inc.
WIFI
| $21.4M | 0.01% |
1,758,272
+128,538
| +8% | +$1.44M |
|
1928
DXP Enterprises
DXPE
$2.86B
| $21.4M | 0.01% |
616,128
+127,241
| +26% | +$3.76M |
|
|
IBTX
1929
DELISTED
Independent Bank Group, Inc.
IBTX
| $21.4M | 0.01% |
342,807
+93,002
| +37% | +$5.02M |
|
1930
National Grid
NGG
$77.9B
| $21.4M | 0.01% |
379,706
+14,106
| +4% | +$836K |
|
|
CHUY
1931
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $21.3M | 0.01% |
657,371
+12,512
| +2% | +$379K |
|
|
LCI
1932
DELISTED
Lannett Company, Inc.
LCI
| $21.3M | 0.01% |
241,694
+7,226
| +3% | +$667K |
|
|
AGU
1933
DELISTED
Agrium
AGU
| $21.3M | 0.01% |
211,837
-4,166
| -2% | -$402K |
|
1934
Braskem
BAK
$705M
| $21.3M | 0.01% |
1,003,902
+5,118
| +0.5% | +$90.5K |
|
1935
Saga Communications
SGA
$57.5M
| $21.2M | 0.01% |
421,170
-717
| -0.2% | -$33.7K |
|
1936
Brown-Forman Class B
BF.B
$12.1B
| $21.2M | 0.01% |
735,950
-16,245
| -2% | -$475K |
|
|
SCMP
1937
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $21.1M | 0.01% |
1,559,433
+103,986
| +7% | +$1.45M |
|
1938
Superior Group of Companies
SGC
$202M
| $21.1M | 0.01% |
1,075,648
-496
| -0% | -$9.35K |
|
|
TMHC
1939
DELISTED
Taylor Morrison
TMHC
| $21.1M | 0.01% |
1,095,563
+368,009
| +51% | +$6.91M |
|
|
CSS
1940
DELISTED
CSS Industries, Inc.
CSS
| $21.1M | 0.01% |
779,453
-3,824
| -0.5% | -$101K |
|
|
SYT
1941
DELISTED
Syngenta Ag
SYT
| $21.1M | 0.01% |
266,313
-1,410
| -0.5% | -$114K |
|
|
CLD
1942
DELISTED
Cloud Peak Energy Inc
CLD
| $21M | 0.01% |
3,751,599
-16,454
| -0.4% | -$99.3K |
|
1943
DHI Group
DHX
$217M
| $21M | 0.01% |
3,365,592
-49,807
| -1% | -$320K |
|
|
INFN
1944
DELISTED
Infinera Corporation Common Stock
INFN
| $21M | 0.01% |
2,472,043
+455,525
| +23% | +$3.9M |
|
|
KMG
1945
DELISTED
KMG Chemicals Inc
KMG
| $21M | 0.01% |
539,465
+25,228
| +5% | +$805K |
|
|
CHSP
1946
DELISTED
Chesapeake Lodging Trust
CHSP
| $20.8M | 0.01% |
806,241
-5,857
| -0.7% | -$139K |
|
|
SALE
1947
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $20.7M | 0.01% |
2,227,659
+424,721
| +24% | +$3.98M |
|
|
CNR
1948
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $20.7M | 0.01% |
1,323,509
+197,587
| +18% | +$3.09M |
|
1949
Tesla
TSLA
$1.45T
| $20.7M | 0.01% |
1,453,440
+301,230
| +26% | +$3.96M |
|
|
BREW
1950
DELISTED
Craft Brew Alliance, Inc.
BREW
| $20.7M | 0.01% |
1,225,242
+50,895
| +4% | +$839K |
|
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.