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 |
Charter Communications
CHTR
|
+$352M |
| 2 |
Intel
INTC
|
+$271M |
| 3 |
Wells Fargo
WFC
|
+$146M |
| 4 |
Cisco
CSCO
|
+$112M |
| 5 |
Medtronic
MDT
|
+$107M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$713M |
| 2 |
ADT
ADT Corp
ADT
|
+$218M |
| 3 |
GE Aerospace
GE
|
+$179M |
| 4 |
ARG
Airgas Inc
ARG
|
+$142M |
| 5 |
Mondelez International
MDLZ
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.13% |
| 2 | Industrials | 13.8% |
| 3 | Technology | 12.5% |
| 4 | Consumer Discretionary | 9.7% |
| 5 | Healthcare | 9.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WMAR
1951
DELISTED
West Marine Inc
WMAR
| $17.5M | 0.01% |
2,087,064
+21,233
| +1% | +$195K |
|
1952
TFS Financial
TFSL
$4.71B
| $17.5M | 0.01% |
1,015,368
-48,211
| -5% | -$859K |
|
|
SFBS
1953
ServisFirst Bancshares
SFBS
$4.48B
| $17.4M | 0.01% |
1,412,556
+497,432
| +54% | +$6.11M |
|
|
CDK
1954
DELISTED
CDK Global, Inc.
CDK
| $17.4M | 0.01% |
314,196
+48,921
| +18% | +$2.53M |
|
|
IHC
1955
DELISTED
Independence Holding Company
IHC
| $17.4M | 0.01% |
968,331
+2,285
| +0.2% | +$37.4K |
|
|
BKMU
1956
DELISTED
Bank Mutual Corp
BKMU
| $17.4M | 0.01% |
2,264,081
+85,032
| +4% | +$667K |
|
1957
CEVA Inc
CEVA
$840M
| $17.4M | 0.01% |
639,385
-26,836
| -4% | -$679K |
|
1958
Build-A-Bear
BBW
$314M
| $17.4M | 0.01% |
1,293,892
+46,137
| +4% | +$617K |
|
1959
Honda
HMC
$42.2B
| $17.3M | 0.01% |
684,032
-1,170
| -0.2% | -$31.5K |
|
1960
Sociedad Química y Minera de Chile
SQM
$20.5B
| $17.3M | 0.01% |
699,617
-42,093
| -6% | -$924K |
|
|
FARM
1961
DELISTED
Farmer Brothers
FARM
| $17.3M | 0.01% |
539,246
-903
| -0.2% | -$27K |
|
|
CUK
1962
DELISTED
Carnival PLC
CUK
| $17.3M | 0.01% |
385,720
-14,270
| -4% | -$722K |
|
1963
Pathward Financial
CASH
$1.61B
| $17.3M | 0.01% |
1,016,886
+132,267
| +15% | +$2.16M |
|
|
AEPI
1964
DELISTED
AEP Industries Inc
AEPI
| $17.2M | 0.01% |
214,137
+564
| +0.3% | +$37.5K |
|
|
FRAN
1965
DELISTED
Francesca's Holdings Corporation
FRAN
| $17.2M | 0.01% |
129,924
+3,330
| +3% | +$554K |
|
|
BGFV
1966
DELISTED
Big 5 Sporting Goods
BGFV
| $17.2M | 0.01% |
1,854,936
+203,345
| +12% | +$1.99M |
|
1967
Jazz Pharmaceuticals
JAZZ
$15.8B
| $17.2M | 0.01% |
121,636
-343
| -0.3% | -$50.6K |
|
|
NATI
1968
DELISTED
National Instruments Corp
NATI
| $17.2M | 0.01% |
626,902
+23,490
| +4% | +$655K |
|
1969
ArcelorMittal
MT
$56.6B
| $17.1M | 0.01% |
1,226,575
+489,546
| +66% | +$7.44M |
|
1970
Cheniere Energy
LNG
$55.7B
| $17.1M | 0.01% |
456,222
-3,712
| -0.8% | -$131K |
|
|
AKRX
1971
DELISTED
Akorn Inc
AKRX
| $17.1M | 0.01% |
601,133
+233,610
| +64% | +$6.48M |
|
|
MRLN
1972
DELISTED
Marlin Business Services Corp
MRLN
| $17.1M | 0.01% |
1,049,362
-61
| -0% | -$909 |
|
1973
Artivion
AORT
$1.16B
| $17.1M | 0.01% |
1,443,684
-40,407
| -3% | -$477K |
|
1974
First Bancorp
FBNC
$2.59B
| $17M | 0.01% |
966,720
+56,653
| +6% | +$1.1M |
|
1975
FerroAtlántica
GSM
$796M
| $17M | 0.01% |
1,969,098
-407
| -0% | -$3.73K |
|
Similar funds
Dimensional Fund Advisors's Q2 2016 Portfolio in Review
As of Q2 2016, Dimensional Fund Advisors held 3,367 positions worth $174B, up 4% from $167B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Trading was light in Q2 2016: portfolio turnover was 4.3%. Dimensional Fund Advisors opened 68 new positions and exited 77, leaving the 3,367-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q2 2016 buy was ATN International: 819,912 shares worth $63.8M.
- Dimensional Fund Advisors added most to Charter Communications in Q2 2016, an estimated $352M increase.
- Dimensional Fund Advisors's biggest Q2 2016 reduction was GE Aerospace, cutting an estimated $179M.
- Dimensional Fund Advisors fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $713M.
- Dimensional Fund Advisors's ten largest holdings make up 9.4% of its $174B portfolio in Q2 2016.
- Dimensional Fund Advisors opened 68 new positions and closed 77 in Q2 2016.
- Dimensional Fund Advisors's portfolio value rose 4% quarter-over-quarter to $174B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2016, filed 9 Aug 2016.