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
|
+$179M |
| 2 |
Delta Air Lines
DAL
|
+$158M |
| 3 |
WLL
Whiting Petroleum Corporation
WLL
|
+$112M |
| 4 |
Bank of America
BAC
|
+$104M |
| 5 |
Abbott
ABT
|
+$100M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ENH
Endurance Specialty Holdings Ltd
ENH
|
+$354M |
| 2 |
MENT
Mentor Graphics Corp
MENT
|
+$127M |
| 3 |
ISIL
Intersil Corp
ISIL
|
+$125M |
| 4 |
GK
G&K Services Inc
GK
|
+$116M |
| 5 |
Caterpillar
CAT
|
+$116M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.04% |
| 2 | Industrials | 13.49% |
| 3 | Technology | 12.9% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Healthcare | 8.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TWTR
1976
DELISTED
Twitter, Inc.
TWTR
| $20.6M | 0.01% |
1,374,710
+42,426
| +3% | +$689K |
|
1977
Rexford Industrial Realty
REXR
$8.56B
| $20.5M | 0.01% |
911,582
+161,187
| +21% | +$3.68M |
|
|
SALE
1978
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $20.5M | 0.01% |
2,527,776
+300,117
| +13% | +$2.64M |
|
|
CCRN
1979
DELISTED
Cross Country Healthcare
CCRN
| $20.5M | 0.01% |
1,425,302
-282,183
| -17% | -$4.15M |
|
|
CAI
1980
DELISTED
CAI International, Inc.
CAI
| $20.4M | 0.01% |
1,295,357
+114,781
| +10% | +$1.67M |
|
1981
Korea Electric Power
KEP
$15.5B
| $20.4M | 0.01% |
982,605
+69,929
| +8% | +$1.31M |
|
|
AAT
1982
American Assets Trust
AAT
$1.48B
| $20.4M | 0.01% |
486,671
+30,115
| +7% | +$1.29M |
|
|
CHUY
1983
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $20.3M | 0.01% |
680,240
+22,869
| +3% | +$670K |
|
1984
Tyler Technologies
TYL
$13.2B
| $20.2M | 0.01% |
130,988
+2,595
| +2% | +$395K |
|
1985
News Corp Class B
NWS
$17.2B
| $20.2M | 0.01% |
1,498,859
+161,953
| +12% | +$2.09M |
|
1986
Middlesex Water
MSEX
$1.04B
| $20.2M | 0.01% |
547,651
+18,476
| +3% | +$690K |
|
1987
NatWest
NWG
$73.7B
| $20.2M | 0.01% |
3,094,098
+285,080
| +10% | +$1.79M |
|
1988
Sonida Senior Living
SNDA
$1.9B
| $20.2M | 0.01% |
95,869
+6,699
| +8% | +$1.59M |
|
|
AMRI
1989
DELISTED
Albany Molecular Research Inc
AMRI
| $20.2M | 0.01% |
1,441,034
-80,651
| -5% | -$1.32M |
|
1990
Upbound Group
UPBD
$1.17B
| $20.2M | 0.01% |
2,276,061
+23,437
| +1% | +$213K |
|
|
BBG
1991
DELISTED
Bill Barrett Corp
BBG
| $20.2M | 0.01% |
4,437,462
+2,659,443
| +150% | +$15.5M |
|
|
HAPN
1992
Happen Inc
HAPN
$2.23B
| $20.2M | 0.01% |
734,546
+431,813
| +143% | +$12.3M |
|
|
AGU
1993
DELISTED
Agrium
AGU
| $20.2M | 0.01% |
210,979
-858
| -0.4% | -$86.4K |
|
|
CLD
1994
DELISTED
Cloud Peak Energy Inc
CLD
| $20.1M | 0.01% |
4,399,249
+647,650
| +17% | +$3.27M |
|
1995
National Presto Industries
NPK
$871M
| $20.1M | 0.01% |
196,793
+26,538
| +16% | +$2.74M |
|
1996
Superior Group of Companies
SGC
$192M
| $20.1M | 0.01% |
1,079,164
+3,516
| +0.3% | +$61.5K |
|
1997
America's Car Mart
CRMT
$26.7M
| $20.1M | 0.01% |
550,283
+35,398
| +7% | +$1.36M |
|
|
WMAR
1998
DELISTED
West Marine Inc
WMAR
| $20M | 0.01% |
2,096,546
-643
| -0% | -$6.08K |
|
|
PGEM
1999
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $20M | 0.01% |
1,015,328
+61,915
| +6% | +$1.09M |
|
|
INN
2000
Summit Hotel Properties
INN
$748M
| $19.9M | 0.01% |
1,246,864
+46,495
| +4% | +$732K |
|
Similar funds
Dimensional Fund Advisors's Q1 2017 Portfolio in Review
As of Q1 2017, Dimensional Fund Advisors held 3,363 positions worth $209B, up 4.5% from $200B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Trading was light in Q1 2017: portfolio turnover was 4%. Dimensional Fund Advisors opened 73 new positions and exited 63, leaving the 3,363-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 21% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q1 2017 buy was Conduent: 2,615,895 shares worth $43.9M.
- Dimensional Fund Advisors added most to Walmart Inc in Q1 2017, an estimated $179M increase.
- Dimensional Fund Advisors's biggest Q1 2017 reduction was Caterpillar, cutting an estimated $116M.
- Dimensional Fund Advisors fully exited Endurance Specialty Holdings Ltd in Q1 2017, selling an estimated $354M.
- Dimensional Fund Advisors's ten largest holdings make up 9.1% of its $209B portfolio in Q1 2017.
- Dimensional Fund Advisors opened 73 new positions and closed 63 in Q1 2017.
- Dimensional Fund Advisors's portfolio value rose 4.5% quarter-over-quarter to $209B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2017, filed 12 May 2017.