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 | 17.48% |
| 2 | Industrials | 13.41% |
| 3 | Technology | 11.89% |
| 4 | Healthcare | 9.25% |
| 5 | Consumer Discretionary | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
APC
176
DELISTED
Anadarko Petroleum
APC
| $173M | 0.1% |
3,242,726
-53,146
| -2% | -$2.69M |
|
177
Kimco Realty
KIM
$17.8B
| $172M | 0.1% |
5,470,157
+104,447
| +2% | +$3.01M |
|
178
Kraft Heinz
KHC
$31.1B
| $170M | 0.1% |
1,925,101
+472,552
| +33% | +$38.9M |
|
179
Macerich
MAC
$7.41B
| $170M | 0.1% |
1,991,795
-4,490
| -0.2% | -$351K |
|
180
Avnet
AVT
$7.25B
| $169M | 0.1% |
4,182,888
+286,334
| +7% | +$11.9M |
|
|
CA
181
DELISTED
CA, Inc.
CA
| $169M | 0.1% |
5,159,484
+50,546
| +1% | +$1.58M |
|
182
Reinsurance Group of America
RGA
$15.7B
| $169M | 0.1% |
1,745,047
+47,025
| +3% | +$4.51M |
|
183
Sanmina
SANM
$11.2B
| $168M | 0.1% |
6,248,421
-575,696
| -8% | -$14.4M |
|
184
American Financial Group
AFG
$12B
| $167M | 0.1% |
2,259,477
-72,361
| -3% | -$5.13M |
|
185
Commercial Metals
CMC
$7.53B
| $166M | 0.1% |
9,849,063
-25,639
| -0.3% | -$441K |
|
|
FITB
186
Fifth Third Bancorp
FITB
$51.7B
| $166M | 0.1% |
9,452,880
+1,468,444
| +18% | +$26.3M |
|
187
Gold Fields
GFI
$29.4B
| $166M | 0.1% |
33,839,069
-153,984
| -0.5% | -$642K |
|
188
Host Hotels & Resorts
HST
$17.1B
| $166M | 0.1% |
10,217,543
+171,130
| +2% | +$2.69M |
|
189
Boeing
BA
$167B
| $165M | 0.1% |
1,272,894
-21,140
| -2% | -$2.76M |
|
190
Telephone and Data Systems
TDS
$3.83B
| $164M | 0.09% |
5,518,876
+425,356
| +8% | +$12.2M |
|
191
Owens Corning
OC
$11.6B
| $162M | 0.09% |
3,149,595
-117,280
| -4% | -$5.84M |
|
192
Synchrony
SYF
$24.5B
| $162M | 0.09% |
6,395,636
-1,288,987
| -17% | -$37.5M |
|
193
Corning
GLW
$123B
| $162M | 0.09% |
7,887,644
-116,911
| -1% | -$2.34M |
|
194
Constellation Brands
STZ
$22.2B
| $160M | 0.09% |
968,063
-14,930
| -2% | -$2.34M |
|
195
UFP Industries
UFPI
$4.98B
| $159M | 0.09% |
5,132,880
+2,982
| +0.1% | +$83.9K |
|
|
IM
196
DELISTED
Ingram Micro
IM
| $158M | 0.09% |
4,547,651
-2,349
| -0.1% | -$81.9K |
|
197
Marriott Vacations Worldwide
VAC
$3.4B
| $158M | 0.09% |
2,304,172
+200,376
| +10% | +$12.5M |
|
198
GATX Corp
GATX
$6.52B
| $157M | 0.09% |
3,568,400
-8,667
| -0.2% | -$397K |
|
199
Bristol-Myers Squibb
BMY
$128B
| $157M | 0.09% |
2,129,989
-89,617
| -4% | -$6.33M |
|
|
ANDV
200
DELISTED
Andeavor
ANDV
| $157M | 0.09% |
2,090,416
+10,433
| +0.5% | +$828K |
|
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 17% of assets, up from 17% 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.