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 | |
|---|---|---|---|---|---|---|
2051
America's Car Mart
CRMT
$26.6M
| $15.9M | 0.01% |
437,914
+17,599
| +4% | +$622K |
|
|
INN
2052
Summit Hotel Properties
INN
$746M
| $15.9M | 0.01% |
1,209,439
+11,805
| +1% | +$163K |
|
2053
Novanta
NOVT
$5.08B
| $15.9M | 0.01% |
917,113
+60,914
| +7% | +$1M |
|
|
RRTS
2054
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $15.8M | 0.01% |
79,356
+111
| +0.1% | +$22.5K |
|
|
AFI
2055
DELISTED
Armstrong Flooring, Inc.
AFI
| $15.8M | 0.01% |
838,047
+144,265
| +21% | +$2.75M |
|
|
GSH
2056
DELISTED
Guangshen Railway Co. Ltd
GSH
| $15.8M | 0.01% |
605,124
-2,777
| -0.5% | -$69.8K |
|
2057
Liberty Global Class C
LBTYK
$3.53B
| $15.8M | 0.01% |
477,838
-348,523
| -42% | -$10.8M |
|
2058
Rexford Industrial Realty
REXR
$8.42B
| $15.8M | 0.01% |
689,006
+43,393
| +7% | +$961K |
|
2059
Tiptree Inc
TIPT
$662M
| $15.7M | 0.01% |
2,647,551
-55,341
| -2% | -$304K |
|
2060
Hurco Companies Inc
HURC
$135M
| $15.7M | 0.01% |
558,918
-92
| -0% | -$2.6K |
|
2061
Under Armour
UAA
$2.84B
| $15.7M | 0.01% |
405,289
+22,959
| +6% | +$927K |
|
2062
Tesla
TSLA
$1.23T
| $15.7M | 0.01% |
1,152,210
+75,975
| +7% | +$1.1M |
|
|
HALL
2063
DELISTED
Hallmark Financial Services, Inc.
HALL
| $15.7M | 0.01% |
152,158
+1,061
| +0.7% | +$113K |
|
|
LMOS
2064
DELISTED
Lumos Networks Corp
LMOS
| $15.7M | 0.01% |
1,117,835
+58,278
| +6% | +$764K |
|
|
ENV
2065
DELISTED
ENVESTNET, INC.
ENV
| $15.6M | 0.01% |
429,089
-7,448
| -2% | -$283K |
|
2066
World Acceptance Corp
WRLD
$838M
| $15.6M | 0.01% |
318,376
-5,941
| -2% | -$285K |
|
2067
Seneca Foods Class A
SENEA
$1.12B
| $15.6M | 0.01% |
551,154
+21,442
| +4% | +$722K |
|
|
XCRA
2068
DELISTED
Xcerra Corporation
XCRA
| $15.5M | 0.01% |
2,565,464
+157,759
| +7% | +$929K |
|
|
FSP
2069
Franklin Street Properties
FSP
$47.2M
| $15.5M | 0.01% |
1,227,572
+12,500
| +1% | +$157K |
|
2070
OceanFirst Financial
OCFC
$1.68B
| $15.4M | 0.01% |
802,137
+18,013
| +2% | +$343K |
|
2071
Willis Lease Finance
WLFC
$1.7B
| $15.4M | 0.01% |
1,948,884
-180,081
| -8% | -$1.5M |
|
|
WIN
2072
DELISTED
Windstream Holdings Inc
WIN
| $15.4M | 0.01% |
306,705
+22,504
| +8% | +$1.03M |
|
2073
Braskem
BAK
$928M
| $15.4M | 0.01% |
998,784
-27,546
| -3% | -$361K |
|
|
ITIC
2074
Investors Title Co
ITIC
$546M
| $15.4M | 0.01% |
154,431
-1,053
| -0.7% | -$104K |
|
2075
OraSure Technologies
OSUR
$279M
| $15.3M | 0.01% |
1,924,681
+341,812
| +22% | +$2.54M |
|
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.