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 | |
|---|---|---|---|---|---|---|
|
OB
2101
DELISTED
Onebeacon Insurance Group Ltd
OB
| $14.2M | 0.01% |
993,330
+29,272
| +3% | +$413K |
|
|
UCTT
2102
Ultra Clean Holdings
UCTT
$3.73B
| $14.2M | 0.01% |
1,913,475
+82,203
| +4% | +$540K |
|
|
RLH
2103
DELISTED
Red Lions Hotel Corporation
RLH
| $14.2M | 0.01% |
1,698,839
-2,853
| -0.2% | -$21K |
|
2104
Oil-Dri
ODC
$1.44B
| $14.2M | 0.01% |
752,500
+4,408
| +0.6% | +$81.7K |
|
|
GWB
2105
DELISTED
Great Western Bancorp, Inc.
GWB
| $14.1M | 0.01% |
423,213
+197,590
| +88% | +$6.52M |
|
|
CYBE
2106
DELISTED
Cyberoptics Corp
CYBE
| $14.1M | 0.01% |
573,299
-8,234
| -1% | -$158K |
|
2107
Citizens
CIA
$239M
| $14.1M | 0.01% |
1,503,527
+1,998
| +0.1% | +$18.6K |
|
|
XHR
2108
Xenia Hotels & Resorts
XHR
$1.9B
| $14M | 0.01% |
924,376
+113,601
| +14% | +$1.92M |
|
|
NILE
2109
DELISTED
Blue Nile, Inc.
NILE
| $13.9M | 0.01% |
403,606
+11,785
| +3% | +$378K |
|
2110
DXP Enterprises
DXPE
$2.43B
| $13.8M | 0.01% |
488,887
+122,993
| +34% | +$2.83M |
|
2111
Clearway Energy Class C
CWEN
$4.94B
| $13.8M | 0.01% |
812,209
+190,921
| +31% | +$3.28M |
|
2112
BlackBerry
BB
$4.98B
| $13.8M | 0.01% |
1,724,406
-302,340
| -15% | -$2.27M |
|
|
MCF
2113
DELISTED
Contango Oil & Gas Co.
MCF
| $13.8M | 0.01% |
1,345,586
+36,822
| +3% | +$379K |
|
|
ESIO
2114
DELISTED
Electro Scientific Industries
ESIO
| $13.7M | 0.01% |
2,432,917
+31,114
| +1% | +$182K |
|
2115
Agree Realty
ADC
$9.34B
| $13.6M | 0.01% |
275,677
+14,574
| +6% | +$710K |
|
2116
News Corp Class B
NWS
$16.9B
| $13.6M | 0.01% |
957,984
+27,376
| +3% | +$373K |
|
2117
NatWest
NWG
$75.4B
| $13.6M | 0.01% |
2,713,777
-38,490
| -1% | -$205K |
|
2118
LSB Industries
LXU
$783M
| $13.6M | 0.01% |
2,059,574
+738
| +0% | +$6.28K |
|
|
OCLR
2119
DELISTED
Oclaro Inc.
OCLR
| $13.6M | 0.01% |
1,587,287
+205,370
| +15% | +$1.43M |
|
2120
Arrow Financial
AROW
$659M
| $13.6M | 0.01% |
508,042
+11,227
| +2% | +$284K |
|
2121
Build-A-Bear
BBW
$425M
| $13.6M | 0.01% |
1,308,729
+14,837
| +1% | +$181K |
|
2122
National Presto Industries
NPK
$870M
| $13.5M | 0.01% |
154,251
+2,929
| +2% | +$266K |
|
2123
Under Armour Class C
UA
$2.77B
| $13.5M | 0.01% |
399,584
+8,710
| +2% | +$314K |
|
2124
Ceco Environmental
CECO
$3.85B
| $13.5M | 0.01% |
1,196,199
+137,566
| +13% | +$1.4M |
|
|
LNKD
2125
DELISTED
LinkedIn Corporation
LNKD
| $13.5M | 0.01% |
70,537
+1,090
| +2% | +$209K |
|
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.