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 | 19.72% |
| 2 | Industrials | 13.81% |
| 3 | Technology | 12.31% |
| 4 | Consumer Discretionary | 10.14% |
| 5 | Healthcare | 10.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LGF
1976
DELISTED
Lions Gate Entertainment
LGF
| $15.6M | 0.01% |
480,533
+12,524
| +3% | +$461K |
|
1977
CEVA Inc
CEVA
$822M
| $15.6M | 0.01% |
666,221
-1,900
| -0.3% | -$45.3K |
|
1978
Addus HomeCare
ADUS
$2.2B
| $15.5M | 0.01% |
666,447
+7,728
| +1% | +$195K |
|
|
GSH
1979
DELISTED
Guangshen Railway Co. Ltd
GSH
| $15.5M | 0.01% |
626,651
-9,212
| -1% | -$225K |
|
1980
Pinnacle West Capital
PNW
$11.6B
| $15.5M | 0.01% |
239,934
+17,198
| +8% | +$1.09M |
|
|
BEAT
1981
DELISTED
BioTelemetry, Inc.
BEAT
| $15.4M | 0.01% |
1,317,266
+98,737
| +8% | +$1.25M |
|
1982
Lifetime Brands
LCUT
$189M
| $15.3M | 0.01% |
1,151,883
+22,414
| +2% | +$315K |
|
1983
American Tower
AMT
$81.5B
| $15.2M | 0.01% |
156,925
+2,486
| +2% | +$242K |
|
|
NUTR
1984
DELISTED
Nutraceutical International Co
NUTR
| $15.2M | 0.01% |
587,866
+42,507
| +8% | +$1.04M |
|
|
TRR
1985
DELISTED
Trc Companies
TRR
| $15.2M | 0.01% |
1,640,718
+23,185
| +1% | +$246K |
|
|
PPBI
1986
DELISTED
Pacific Premier Bancorp
PPBI
| $15.2M | 0.01% |
714,162
+88,479
| +14% | +$1.94M |
|
|
GOV
1987
DELISTED
Government Properties Income Trust
GOV
| $15.1M | 0.01% |
952,788
+2,433
| +0.3% | +$39.9K |
|
1988
Distribution Solutions Group
DSGR
$1.61B
| $15.1M | 0.01% |
1,294,544
+8,368
| +0.7% | +$110K |
|
|
BT
1989
DELISTED
BT Group plc (ADR)
BT
| $15.1M | 0.01% |
435,954
| – | – |
|
|
SWFT
1990
DELISTED
Swift Transportation Company
SWFT
| $15.1M | 0.01% |
1,091,686
+9,900
| +0.9% | +$151K |
|
1991
Ducommun
DCO
$2.51B
| $15M | 0.01% |
927,466
-12,143
| -1% | -$222K |
|
|
UNT
1992
DELISTED
UNIT Corporation
UNT
| $15M | 0.01% |
1,231,805
-471,205
| -28% | -$6.95M |
|
1993
Banco Bilbao Vizcaya Argentaria
BBVA
$159B
| $15M | 0.01% |
2,132,140
+91,684
| +4% | +$733K |
|
|
ITIC
1994
Investors Title Co
ITIC
$561M
| $15M | 0.01% |
154,984
+576
| +0.4% | +$47.9K |
|
1995
Harte-Hanks
HHS
$34.1M
| $15M | 0.01% |
462,581
-9,125
| -2% | -$342K |
|
1996
LeMaitre Vascular
LMAT
$1.85B
| $14.9M | 0.01% |
866,308
+70,118
| +9% | +$1.01M |
|
|
RJET
1997
DELISTED
REPUBLIC AWYS HLDGS INC
RJET
| $14.9M | 0.01% |
3,799,275
-499,879
| -12% | -$2.48M |
|
1998
Stride
LRN
$3.41B
| $14.9M | 0.01% |
1,696,099
+88,511
| +6% | +$942K |
|
1999
Willis Lease Finance
WLFC
$1.17B
| $14.9M | 0.01% |
2,220,675
-1,827
| -0.1% | -$10.2K |
|
|
AZPN
2000
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $14.9M | 0.01% |
394,025
+32,427
| +9% | +$1.22M |
|
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 20% of assets, up from 20% 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.