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 |
AT&T
T
|
+$173M |
| 2 |
Cisco
CSCO
|
+$163M |
| 3 |
Medtronic
MDT
|
+$115M |
| 4 |
WBA
Walgreens Boots Alliance
WBA
|
+$113M |
| 5 |
FirstCash
FCFS
|
+$91.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$357M |
| 2 |
FCS
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
|
+$195M |
| 3 |
Union Pacific
UNP
|
+$153M |
| 4 |
PLCM
POLYCOM INC
PLCM
|
+$112M |
| 5 |
FMER
FIRSTMERIT CORP
FMER
|
+$107M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.14% |
| 2 | Industrials | 13.5% |
| 3 | Technology | 12.85% |
| 4 | Consumer Discretionary | 9.35% |
| 5 | Healthcare | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CTWS
1976
DELISTED
Connecticut Water Service Inc
CTWS
| $18.5M | 0.01% |
371,199
+18,188
| +5% | +$915K |
|
|
PIR
1977
DELISTED
Pier 1 Imports, Inc.
PIR
| $18.4M | 0.01% |
217,503
+38,446
| +21% | +$3.62M |
|
1978
Sabre
SABR
$731M
| $18.4M | 0.01% |
653,902
+57,788
| +10% | +$1.61M |
|
1979
Artisan Partners
APAM
$2.79B
| $18.4M | 0.01% |
675,771
+22,176
| +3% | +$605K |
|
1980
Columbus McKinnon
CMCO
$553M
| $18.4M | 0.01% |
1,029,807
+33,239
| +3% | +$556K |
|
|
ASCMA
1981
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $18.2M | 0.01% |
787,410
+96,393
| +14% | +$1.92M |
|
|
NATI
1982
DELISTED
National Instruments Corp
NATI
| $18.2M | 0.01% |
641,993
+15,091
| +2% | +$424K |
|
1983
TripAdvisor
TRIP
$1.65B
| $18.2M | 0.01% |
288,241
+1,768
| +0.6% | +$114K |
|
|
INFN
1984
DELISTED
Infinera Corporation Common Stock
INFN
| $18.2M | 0.01% |
2,016,518
-25,341
| -1% | -$245K |
|
1985
Ingevity
NGVT
$2.51B
| $18.2M | 0.01% |
394,280
+9,248
| +2% | +$391K |
|
|
GNC
1986
DELISTED
GNC Holdings, Inc.
GNC
| $18.2M | 0.01% |
889,597
-31,912
| -3% | -$699K |
|
1987
German American Bancorp
GABC
$1.91B
| $18.2M | 0.01% |
699,620
+15,230
| +2% | +$359K |
|
|
IMS
1988
DELISTED
IMS HEALTH HLDGS INC COM STK (DE)
IMS
| $18.1M | 0.01% |
577,699
+3,358
| +0.6% | +$98.1K |
|
1989
Park Aerospace
PKE
$737M
| $18.1M | 0.01% |
1,040,278
+29,936
| +3% | +$488K |
|
|
GLDD
1990
DELISTED
Great Lakes Dredge & Dock
GLDD
| $18.1M | 0.01% |
5,160,184
+21,157
| +0.4% | +$85.5K |
|
1991
Middlesex Water
MSEX
$1.08B
| $18M | 0.01% |
511,549
+36,185
| +8% | +$1.37M |
|
|
CHUY
1992
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $18M | 0.01% |
644,859
+29,882
| +5% | +$960K |
|
1993
TriNet
TNET
$3.02B
| $18M | 0.01% |
832,063
+216,719
| +35% | +$4.61M |
|
1994
Unitil
UTL
$970M
| $18M | 0.01% |
460,717
+11,991
| +3% | +$495K |
|
1995
Camden National
CAC
$978M
| $18M | 0.01% |
564,588
+25,645
| +5% | +$777K |
|
|
MEET
1996
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $18M | 0.01% |
2,897,547
+1,178,210
| +69% | +$7.22M |
|
|
SCMP
1997
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $17.9M | 0.01% |
1,455,447
+40,182
| +3% | +$474K |
|
1998
Jazz Pharmaceuticals
JAZZ
$15.9B
| $17.9M | 0.01% |
147,103
+25,467
| +21% | +$3.43M |
|
1999
Enviri
NVRI
$623M
| $17.8M | 0.01% |
1,795,922
+271,898
| +18% | +$2.59M |
|
|
SALE
2000
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $17.8M | 0.01% |
1,802,938
+217,601
| +14% | +$2.2M |
|
Similar funds
Dimensional Fund Advisors's Q3 2016 Portfolio in Review
As of Q3 2016, Dimensional Fund Advisors held 3,358 positions worth $185B, up 6.5% from $174B the previous quarter. Its ten largest holdings account for 9.2% of the portfolio.
Trading was light in Q3 2016: portfolio turnover was 4.4%. Dimensional Fund Advisors opened 66 new positions and exited 81, leaving the 3,358-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q3 2016 buy was Dell: 4,845,890 shares worth $65M.
- Dimensional Fund Advisors added most to AT&T in Q3 2016, an estimated $173M increase.
- Dimensional Fund Advisors's biggest Q3 2016 reduction was Union Pacific, cutting an estimated $153M.
- Dimensional Fund Advisors fully exited EMC CORPORATION in Q3 2016, selling an estimated $357M.
- Dimensional Fund Advisors's ten largest holdings make up 9.2% of its $185B portfolio in Q3 2016.
- Dimensional Fund Advisors opened 66 new positions and closed 81 in Q3 2016.
- Dimensional Fund Advisors's portfolio value rose 6.5% quarter-over-quarter to $185B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2016, filed 10 Nov 2016.