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 | |
|---|---|---|---|---|---|---|
2101
Wheaton Precious Metals
WPM
$66.6B
| $15.8M | 0.01% |
819,433
-377,326
| -32% | -$7.87M |
|
2102
Tiptree Inc
TIPT
$653M
| $15.8M | 0.01% |
2,569,061
-78,490
| -3% | -$488K |
|
2103
News Corp Class B
NWS
$17.9B
| $15.8M | 0.01% |
1,336,906
+378,922
| +40% | +$4.81M |
|
2104
Protolabs
PRLB
$1.99B
| $15.8M | 0.01% |
306,896
-1,284
| -0.4% | -$67.3K |
|
2105
Canadian National Railway
CNI
$72.3B
| $15.6M | 0.01% |
231,908
+11,991
| +5% | +$792K |
|
2106
Orion Group Holdings
ORN
$369M
| $15.6M | 0.01% |
1,568,388
+194,336
| +14% | +$1.73M |
|
2107
Wynn Resorts
WYNN
$8.67B
| $15.6M | 0.01% |
180,152
+1,516
| +0.8% | +$142K |
|
2108
iShares MSCI India ETF
INDA
$6.44B
| $15.6M | 0.01% |
580,235
+306,530
| +112% | +$8.52M |
|
2109
Westwood Holdings Group
WHG
$177M
| $15.5M | 0.01% |
258,530
+33,678
| +15% | +$1.91M |
|
|
PGEM
2110
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $15.5M | 0.01% |
953,413
+67,281
| +8% | +$1M |
|
2111
United States Lime & Minerals
USLM
$3.27B
| $15.5M | 0.01% |
1,021,825
+3,360
| +0.3% | +$47.4K |
|
2112
Ribbon Communications
RBBN
$293M
| $15.5M | 0.01% |
2,454,416
+180,013
| +8% | +$1.18M |
|
|
FNHC
2113
DELISTED
FedNat Holding Company Common Stock
FNHC
| $15.4M | 0.01% |
825,137
+28,226
| +4% | +$500K |
|
2114
West Bancorporation
WTBA
$502M
| $15.4M | 0.01% |
624,202
-9,370
| -1% | -$204K |
|
|
GCP
2115
DELISTED
GCP Applied Technologies Inc.
GCP
| $15.3M | 0.01% |
572,064
+339,504
| +146% | +$9.18M |
|
|
NILE
2116
DELISTED
Blue Nile, Inc.
NILE
| $15.2M | 0.01% |
375,156
-28,450
| -7% | -$1.09M |
|
|
FNFV
2117
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $15.2M | 0.01% |
1,107,403
+243,807
| +28% | +$3.11M |
|
2118
Northrim BanCorp
NRIM
$569M
| $15.1M | 0.01% |
1,916,424
+43,276
| +2% | +$300K |
|
2119
Ecopetrol
EC
$35.9B
| $15M | 0.01% |
1,660,725
-12,644
| -0.8% | -$111K |
|
2120
FreightCar America
RAIL
$236M
| $15M | 0.01% |
1,005,842
+120,633
| +14% | +$1.72M |
|
2121
Preformed Line Products
PLPC
$1.94B
| $15M | 0.01% |
257,865
+1,412
| +0.6% | +$71.6K |
|
2122
BioMarin Pharmaceuticals
BMRN
$12.5B
| $15M | 0.01% |
180,646
+7,130
| +4% | +$613K |
|
|
SRDX
2123
DELISTED
Surmodics
SRDX
| $14.9M | 0.01% |
587,924
+37,480
| +7% | +$985K |
|
|
ABMD
2124
DELISTED
Abiomed Inc
ABMD
| $14.9M | 0.01% |
132,006
+4,990
| +4% | +$578K |
|
2125
Sprouts Farmers Market
SFM
$6.63B
| $14.9M | 0.01% |
784,843
-13,880
| -2% | -$292K |
|
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.