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 |
Synchrony
SYF
|
+$429M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$340M |
| 3 |
Comcast
CMCSA
|
+$323M |
| 4 |
Hewlett Packard
HPE
|
+$271M |
| 5 |
Apple
AAPL
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$451M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$325M |
| 3 |
HP
HPQ
|
+$294M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$285M |
| 5 |
CNW
CON-WAY INC.
CNW
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.04% |
| 2 | Industrials | 13.42% |
| 3 | Technology | 11.6% |
| 4 | Consumer Discretionary | 9.68% |
| 5 | Healthcare | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ARGO
176
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $155M | 0.1% |
3,277,267
-200
| -0% | -$9.81K |
|
177
Dycom Industries
DY
$12.1B
| $155M | 0.1% |
2,215,455
+39,142
| +2% | +$3.11M |
|
|
HNT
178
DELISTED
HEALTH NET INC
HNT
| $155M | 0.1% |
2,260,475
-6,582
| -0.3% | -$422K |
|
179
J.M. Smucker
SJM
$13.2B
| $155M | 0.1% |
1,253,151
+72,469
| +6% | +$8.64M |
|
|
AEL
180
DELISTED
American Equity Investment Life Holding Company
AEL
| $154M | 0.1% |
6,398,888
+225,586
| +4% | +$5.76M |
|
|
BHI
181
DELISTED
Baker Hughes
BHI
| $153M | 0.1% |
3,318,908
+3,519
| +0.1% | +$180K |
|
182
Helmerich & Payne
HP
$3.31B
| $151M | 0.09% |
2,825,032
+44,724
| +2% | +$2.47M |
|
183
Host Hotels & Resorts
HST
$17.4B
| $151M | 0.09% |
9,852,116
+153,322
| +2% | +$2.55M |
|
184
Sasol
SSL
$7.03B
| $151M | 0.09% |
5,635,295
+533,466
| +10% | +$15.6M |
|
|
FITB
185
Fifth Third Bancorp
FITB
$52.4B
| $151M | 0.09% |
7,513,308
+269,274
| +4% | +$5.33M |
|
186
Louisiana-Pacific
LPX
$5.35B
| $150M | 0.09% |
8,324,130
-771,806
| -8% | -$13.4M |
|
187
Avnet
AVT
$7.07B
| $149M | 0.09% |
3,487,811
+186,278
| +6% | +$8.37M |
|
|
FFG
188
DELISTED
FBL Financial Group
FFG
| $149M | 0.09% |
2,342,328
| – | – |
|
189
Principal Financial Group
PFG
$24.5B
| $148M | 0.09% |
3,299,233
+73,261
| +2% | +$3.58M |
|
190
Corning
GLW
$108B
| $148M | 0.09% |
8,100,266
-144,794
| -2% | -$2.63M |
|
191
Nucor
NUE
$60.5B
| $148M | 0.09% |
3,673,516
+168,845
| +5% | +$6.94M |
|
192
Xerox
XRX
$360M
| $148M | 0.09% |
5,277,648
-4,791
| -0.1% | -$129K |
|
|
WCN
193
Waste Connections
WCN
$42.7B
| $148M | 0.09% |
3,936,335
+277,407
| +8% | +$9.95M |
|
194
Aflac
AFL
$65.9B
| $147M | 0.09% |
4,908,996
-143,612
| -3% | -$4.47M |
|
195
Boston Scientific
BSX
$68.5B
| $147M | 0.09% |
7,970,311
-2,177,853
| -21% | -$39M |
|
196
Bristol-Myers Squibb
BMY
$130B
| $147M | 0.09% |
2,135,086
+164,657
| +8% | +$10.9M |
|
197
MKS Inc
MKSI
$19.3B
| $146M | 0.09% |
4,055,129
+122,476
| +3% | +$4.36M |
|
198
Molson Coors Class B
TAP
$7.97B
| $146M | 0.09% |
1,553,576
-1,189
| -0.1% | -$107K |
|
|
CA
199
DELISTED
CA, Inc.
CA
| $146M | 0.09% |
5,096,459
+145,447
| +3% | +$4.08M |
|
|
CHU
200
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $146M | 0.09% |
12,068,006
+20,553
| +0.2% | +$259K |
|
Similar funds
Dimensional Fund Advisors's Q4 2015 Portfolio in Review
As of Q4 2015, Dimensional Fund Advisors held 3,421 positions worth $160B, up 5.3% from $152B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Trading was light in Q4 2015: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 53 new positions and exited 92, leaving the 3,421-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q4 2015 buy was Alphabet (Google) Class A: 9,182,480 shares worth $357M.
- Dimensional Fund Advisors added most to Synchrony in Q4 2015, an estimated $429M increase.
- Dimensional Fund Advisors's biggest Q4 2015 reduction was GE Aerospace, cutting an estimated $451M.
- Dimensional Fund Advisors fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $325M.
- Dimensional Fund Advisors's ten largest holdings make up 9% of its $160B portfolio in Q4 2015.
- Dimensional Fund Advisors opened 53 new positions and closed 92 in Q4 2015.
- Dimensional Fund Advisors's portfolio value rose 5.3% quarter-over-quarter to $160B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2015, filed 10 Feb 2016.