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 |
Walmart Inc
WMT
|
+$208M |
| 2 |
Alibaba
BABA
|
+$188M |
| 3 |
EVHC
Envision Healthcare Holdings Inc
EVHC
|
+$162M |
| 4 |
Abbott
ABT
|
+$122M |
| 5 |
Bank of America
BAC
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$217M |
| 2 |
AMSG
Amsurg Corp
AMSG
|
+$183M |
| 3 |
IM
Ingram Micro
IM
|
+$162M |
| 4 |
Union Pacific
UNP
|
+$148M |
| 5 |
LXK
Lexmark Intl Inc
LXK
|
+$143M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.29% |
| 2 | Industrials | 13.97% |
| 3 | Technology | 12.97% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Energy | 8.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
IDT Corp
IDT
$1.73B
| $20M | 0.01% |
1,276,400
+61,180
| +5% | +$984K |
|
|
COWN
1977
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $20M | 0.01% |
1,291,010
-4,316
| -0.3% | -$61.9K |
|
1978
MaxLinear
MXL
$6.92B
| $20M | 0.01% |
915,588
+212,937
| +30% | +$4.41M |
|
1979
OGE Energy
OGE
$9.56B
| $19.9M | 0.01% |
596,184
-3,860
| -0.6% | -$122K |
|
1980
Alliant Energy
LNT
$17.3B
| $19.9M | 0.01% |
526,224
+7,720
| +1% | +$285K |
|
1981
Cheniere Energy
LNG
$55.5B
| $19.9M | 0.01% |
480,759
+5,561
| +1% | +$225K |
|
1982
Vishay Precision Group
VPG
$834M
| $19.8M | 0.01% |
1,050,194
-3,527
| -0.3% | -$61.4K |
|
1983
Apple Hospitality REIT
APLE
$3.69B
| $19.8M | 0.01% |
992,931
+726,727
| +273% | +$13.5M |
|
1984
Park Aerospace
PKE
$663M
| $19.8M | 0.01% |
1,060,668
+20,390
| +2% | +$348K |
|
1985
PTC
PTC
$14.5B
| $19.8M | 0.01% |
426,868
-5,180
| -1% | -$242K |
|
1986
Sociedad Química y Minera de Chile
SQM
$20.5B
| $19.7M | 0.01% |
688,518
-477
| -0.1% | -$13.6K |
|
1987
Herbalife
HLF
$1.26B
| $19.7M | 0.01% |
818,844
+28,034
| +4% | +$765K |
|
1988
Entravision Communication
EVC
$744M
| $19.7M | 0.01% |
2,815,827
+42,119
| +2% | +$286K |
|
|
VVC
1989
DELISTED
Vectren Corporation
VVC
| $19.7M | 0.01% |
377,905
-9
| -0% | -$446 |
|
1990
Vertex Pharmaceuticals
VRTX
$130B
| $19.7M | 0.01% |
267,437
+8,524
| +3% | +$694K |
|
|
AAT
1991
American Assets Trust
AAT
$1.35B
| $19.7M | 0.01% |
456,556
-5,978
| -1% | -$244K |
|
1992
HEICO Corp
HEI
$41.2B
| $19.7M | 0.01% |
622,158
-362,761
| -37% | -$10.9M |
|
1993
Honda
HMC
$42.4B
| $19.7M | 0.01% |
673,499
-10,433
| -2% | -$306K |
|
|
FFNW
1994
DELISTED
First Financial Northwest, Inc
FFNW
| $19.6M | 0.01% |
991,304
-40,068
| -4% | -$658K |
|
1995
Essential Utilities
WTRG
$11.7B
| $19.6M | 0.01% |
650,830
-7,278
| -1% | -$217K |
|
|
SHOR
1996
DELISTED
ShoreTel, Inc.
SHOR
| $19.5M | 0.01% |
2,730,513
+410,425
| +18% | +$2.94M |
|
1997
Gartner
IT
$11.9B
| $19.5M | 0.01% |
193,096
-494
| -0.3% | -$47.7K |
|
1998
AB InBev
BUD
$155B
| $19.5M | 0.01% |
184,786
-3,089
| -2% | -$346K |
|
|
WCIC
1999
DELISTED
WCI Communities, Inc.
WCIC
| $19.5M | 0.01% |
829,904
-756
| -0.1% | -$17.7K |
|
|
TDAY
2000
USA Today Co
TDAY
$956M
| $19.5M | 0.01% |
1,216,856
+255,622
| +27% | +$3.95M |
|
Similar funds
Dimensional Fund Advisors's Q4 2016 Portfolio in Review
As of Q4 2016, Dimensional Fund Advisors held 3,363 positions worth $200B, up 8.2% from $185B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Trading was light in Q4 2016: portfolio turnover was 4.8%. Dimensional Fund Advisors opened 87 new positions and exited 74, leaving the 3,363-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 19% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q4 2016 buy was Alibaba: 1,948,659 shares worth $171M.
- Dimensional Fund Advisors added most to Walmart Inc in Q4 2016, an estimated $208M increase.
- Dimensional Fund Advisors's biggest Q4 2016 reduction was GE Aerospace, cutting an estimated $217M.
- Dimensional Fund Advisors fully exited Amsurg Corp in Q4 2016, selling an estimated $183M.
- Dimensional Fund Advisors's ten largest holdings make up 9% of its $200B portfolio in Q4 2016.
- Dimensional Fund Advisors opened 87 new positions and closed 74 in Q4 2016.
- Dimensional Fund Advisors's portfolio value rose 8.2% quarter-over-quarter to $200B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2016, filed 9 Feb 2017.