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
|
+$179M |
| 2 |
Delta Air Lines
DAL
|
+$158M |
| 3 |
WLL
Whiting Petroleum Corporation
WLL
|
+$112M |
| 4 |
Bank of America
BAC
|
+$104M |
| 5 |
Abbott
ABT
|
+$100M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ENH
Endurance Specialty Holdings Ltd
ENH
|
+$354M |
| 2 |
MENT
Mentor Graphics Corp
MENT
|
+$127M |
| 3 |
ISIL
Intersil Corp
ISIL
|
+$125M |
| 4 |
GK
G&K Services Inc
GK
|
+$116M |
| 5 |
Caterpillar
CAT
|
+$116M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.04% |
| 2 | Industrials | 13.49% |
| 3 | Technology | 12.9% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Healthcare | 8.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Cass Information Systems
CASS
$712M
| $21.4M | 0.01% |
427,560
+8,117
| +2% | +$406K |
|
1952
Citi Trends
CTRN
$565M
| $21.4M | 0.01% |
1,256,094
+10,098
| +0.8% | +$176K |
|
|
LCI
1953
DELISTED
Lannett Company, Inc.
LCI
| $21.3M | 0.01% |
238,667
-3,027
| -1% | -$259K |
|
1954
Alliant Energy
LNT
$18.3B
| $21.3M | 0.01% |
537,303
+11,079
| +2% | +$425K |
|
|
TACO
1955
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $21.3M | 0.01% |
1,603,064
+422,749
| +36% | +$5.65M |
|
1956
Honda
HMC
$39.9B
| $21.2M | 0.01% |
702,203
+28,704
| +4% | +$885K |
|
|
STS
1957
DELISTED
Supreme Industries Inc Class A
STS
| $21.2M | 0.01% |
1,044,455
-41,751
| -4% | -$781K |
|
1958
OGE Energy
OGE
$9.76B
| $21.1M | 0.01% |
604,360
+8,176
| +1% | +$285K |
|
1959
American Tower
AMT
$81.3B
| $21.1M | 0.01% |
173,964
+4,068
| +2% | +$448K |
|
1960
Seneca Foods Class A
SENEA
$1.13B
| $21M | 0.01% |
582,804
+26,666
| +5% | +$1.01M |
|
1961
World Acceptance Corp
WRLD
$840M
| $21M | 0.01% |
404,645
+91,053
| +29% | +$4.89M |
|
1962
Sony
SONY
$134B
| $20.9M | 0.01% |
3,093,505
-285,490
| -8% | -$1.78M |
|
1963
HEICO Corp
HEI
$49.5B
| $20.8M | 0.01% |
583,521
-38,637
| -6% | -$1.29M |
|
|
SVU
1964
DELISTED
SUPERVALU Inc.
SVU
| $20.8M | 0.01% |
770,970
+16,963
| +2% | +$464K |
|
|
SCG
1965
DELISTED
Scana
SCG
| $20.8M | 0.01% |
318,371
+18,686
| +6% | +$1.29M |
|
|
XOXO
1966
DELISTED
Xo Group Inc
XOXO
| $20.8M | 0.01% |
1,208,092
+45,559
| +4% | +$831K |
|
1967
Morningstar
MORN
$7.24B
| $20.8M | 0.01% |
264,474
+11,299
| +4% | +$879K |
|
1968
Essent Group
ESNT
$6.12B
| $20.8M | 0.01% |
574,453
+262,251
| +84% | +$9.1M |
|
|
GRA
1969
DELISTED
W.R. Grace & Co.
GRA
| $20.7M | 0.01% |
297,644
+24,016
| +9% | +$1.69M |
|
1970
Perrigo
PRGO
$1.43B
| $20.7M | 0.01% |
312,302
+32,828
| +12% | +$2.5M |
|
1971
Canadian Imperial Bank of Commerce
CM
$108B
| $20.7M | 0.01% |
479,974
+19,638
| +4% | +$854K |
|
1972
Hawkins
HWKN
$2.7B
| $20.7M | 0.01% |
843,024
+35,190
| +4% | +$896K |
|
|
GLDD
1973
DELISTED
Great Lakes Dredge & Dock
GLDD
| $20.6M | 0.01% |
5,152,906
+2,348
| +0% | +$10.8K |
|
|
HTBK
1974
DELISTED
Heritage Commerce
HTBK
| $20.6M | 0.01% |
1,460,283
+122,917
| +9% | +$1.73M |
|
|
CHSP
1975
DELISTED
Chesapeake Lodging Trust
CHSP
| $20.6M | 0.01% |
859,198
+52,957
| +7% | +$1.31M |
|
Similar funds
Dimensional Fund Advisors's Q1 2017 Portfolio in Review
As of Q1 2017, Dimensional Fund Advisors held 3,363 positions worth $209B, up 4.5% from $200B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Trading was light in Q1 2017: portfolio turnover was 4%. Dimensional Fund Advisors opened 73 new positions and exited 63, leaving the 3,363-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 21% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q1 2017 buy was Conduent: 2,615,895 shares worth $43.9M.
- Dimensional Fund Advisors added most to Walmart Inc in Q1 2017, an estimated $179M increase.
- Dimensional Fund Advisors's biggest Q1 2017 reduction was Caterpillar, cutting an estimated $116M.
- Dimensional Fund Advisors fully exited Endurance Specialty Holdings Ltd in Q1 2017, selling an estimated $354M.
- Dimensional Fund Advisors's ten largest holdings make up 9.1% of its $209B portfolio in Q1 2017.
- Dimensional Fund Advisors opened 73 new positions and closed 63 in Q1 2017.
- Dimensional Fund Advisors's portfolio value rose 4.5% quarter-over-quarter to $209B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2017, filed 12 May 2017.