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 |
Apple
AAPL
|
+$158M |
| 2 |
Pfizer
PFE
|
+$134M |
| 3 |
XL
XL Group Ltd.
XL
|
+$132M |
| 4 |
AGN
Allergan plc
AGN
|
+$132M |
| 5 |
Chevron
CVX
|
+$105M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CVS Health
CVS
|
+$271M |
| 2 |
Qorvo
QRVO
|
+$149M |
| 3 |
LTM
LIFE TIME FITNESS INC
LTM
|
+$135M |
| 4 |
AOL
AOL INC COMMON STOCK
AOL
|
+$93.5M |
| 5 |
Occidental Petroleum
OXY
|
+$89.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.38% |
| 2 | Industrials | 13.39% |
| 3 | Technology | 10.94% |
| 4 | Consumer Discretionary | 9.79% |
| 5 | Healthcare | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
POSCO
PKX
$15.5B
| $162M | 0.1% |
3,303,555
+26,994
| +0.8% | +$1.5M |
|
177
Lincoln National
LNC
$8.19B
| $162M | 0.1% |
2,730,339
-102,011
| -4% | -$5.97M |
|
178
Reinsurance Group of America
RGA
$15.9B
| $162M | 0.1% |
1,703,561
+17,463
| +1% | +$1.64M |
|
|
CVA
179
DELISTED
Covanta Holding Corporation
CVA
| $160M | 0.1% |
7,531,223
+335,819
| +5% | +$7.33M |
|
|
MRH
180
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $159M | 0.1% |
4,037,172
-9,335
| -0.2% | -$365K |
|
|
UMPQ
181
DELISTED
Umpqua Holdings Corp
UMPQ
| $159M | 0.1% |
8,816,338
+354,660
| +4% | +$6.26M |
|
|
BRS
182
DELISTED
Bristow Group, Inc.
BRS
| $158M | 0.1% |
2,959,157
-8,973
| -0.3% | -$526K |
|
183
Lumen
LUMN
$6.38B
| $158M | 0.1% |
5,365,690
+127,593
| +2% | +$4.35M |
|
184
NOV
NOV
$7.11B
| $157M | 0.1% |
3,258,621
-254,980
| -7% | -$13.1M |
|
|
QVCGA
185
DELISTED
QVC Group Inc Series A
QVCGA
| $157M | 0.1% |
116,559
-1,563
| -1% | -$2.17M |
|
186
Kohl's
KSS
$2.16B
| $157M | 0.1% |
2,502,818
+101,354
| +4% | +$7.04M |
|
|
MBFI
187
DELISTED
MB Financial Corp
MBFI
| $156M | 0.1% |
4,543,350
+93,150
| +2% | +$2.99M |
|
188
AngloGold Ashanti
AU
$39.9B
| $156M | 0.1% |
17,451,933
+2,932,116
| +20% | +$29.8M |
|
|
PRE
189
DELISTED
PARTNERRE LTD
PRE
| $156M | 0.1% |
1,215,312
-8,781
| -0.7% | -$1.13M |
|
190
Aflac
AFL
$65.9B
| $156M | 0.1% |
5,008,882
+326,580
| +7% | +$10.3M |
|
191
Boeing
BA
$175B
| $156M | 0.1% |
1,122,905
+73,024
| +7% | +$10.6M |
|
|
ALR
192
DELISTED
Alere Inc
ALR
| $155M | 0.1% |
2,943,742
-3,443
| -0.1% | -$173K |
|
193
Danaher
DHR
$140B
| $154M | 0.09% |
2,677,465
+260,565
| +11% | +$14.9M |
|
|
AAN.A
194
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $154M | 0.09% |
4,246,788
+481,616
| +13% | +$17.4M |
|
195
Qualcomm
QCOM
$172B
| $153M | 0.09% |
2,444,691
+149,955
| +7% | +$10.2M |
|
196
American Financial Group
AFG
$12B
| $153M | 0.09% |
2,350,865
+17,629
| +0.8% | +$1.14M |
|
197
Graham Holdings Company
GHC
$5.23B
| $153M | 0.09% |
234,833
+3,297
| +1% | +$2.09M |
|
198
Associated Banc-Corp
ASB
$5.86B
| $152M | 0.09% |
7,522,966
+228,186
| +3% | +$4.41M |
|
199
Constellation Brands
STZ
$22.5B
| $152M | 0.09% |
1,310,141
+5,847
| +0.4% | +$690K |
|
200
Medtronic
MDT
$111B
| $152M | 0.09% |
2,046,724
-13,473
| -0.7% | -$1.03M |
|
Similar funds
Dimensional Fund Advisors's Q2 2015 Portfolio in Review
As of Q2 2015, Dimensional Fund Advisors held 3,417 positions worth $163B, up 3.1% from $158B the previous quarter. Its ten largest holdings account for 8.7% of the portfolio.
Dimensional Fund Advisors deployed $5.71B of net new capital in Q2 2015, opening 88 new positions and adding to 2,266 existing holdings. Its largest new stake was Uniti Group: 1,204,126 shares worth $29.8M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Industrials and Technology.
On the sell side, the largest reduction was CVS Health, an estimated $271M trimmed.
- Dimensional Fund Advisors's largest Q2 2015 buy was Uniti Group: 1,204,126 shares worth $29.8M.
- Dimensional Fund Advisors added most to Apple in Q2 2015, an estimated $158M increase.
- Dimensional Fund Advisors's biggest Q2 2015 reduction was CVS Health, cutting an estimated $271M.
- Dimensional Fund Advisors fully exited LIFE TIME FITNESS INC in Q2 2015, selling an estimated $135M.
- Dimensional Fund Advisors's ten largest holdings make up 8.7% of its $163B portfolio in Q2 2015.
- Dimensional Fund Advisors opened 88 new positions and closed 55 in Q2 2015.
- Dimensional Fund Advisors's portfolio value rose 3.1% quarter-over-quarter to $163B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2015, filed 14 Aug 2015.