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 | |
|---|---|---|---|---|---|---|
|
BSTC
2201
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $12.8M | 0.01% |
229,340
+30,210
| +15% | +$1.45M |
|
|
DNR
2202
DELISTED
Denbury Resources, Inc.
DNR
| $12.7M | 0.01% |
3,462,003
+278,606
| +9% | +$896K |
|
|
RNWK
2203
DELISTED
RealNetworks Inc
RNWK
| $12.7M | 0.01% |
2,619,999
-25,383
| -1% | -$119K |
|
2204
Crown Castle
CCI
$31.2B
| $12.7M | 0.01% |
146,442
+11,875
| +9% | +$1.04M |
|
|
HTB
2205
HomeTrust Bancshares
HTB
$772M
| $12.7M | 0.01% |
489,939
+25,399
| +5% | +$552K |
|
|
MFSF
2206
DELISTED
MutualFirst Financial Inc
MFSF
| $12.6M | 0.01% |
381,428
+2,824
| +0.7% | +$82.7K |
|
|
NSR
2207
DELISTED
Neustar Inc
NSR
| $12.5M | 0.01% |
374,543
+164,540
| +78% | +$4.36M |
|
2208
Barrett Business Services
BBSI
$831M
| $12.5M | 0.01% |
780,052
+238,064
| +44% | +$3.2M |
|
2209
KVH Industries
KVHI
$128M
| $12.5M | 0.01% |
1,059,166
+51,212
| +5% | +$506K |
|
|
TARO
2210
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $12.4M | 0.01% |
118,197
+3,830
| +3% | +$401K |
|
|
SRGA
2211
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $12.4M | 0.01% |
127,503
+352
| +0.3% | +$32.3K |
|
|
BBG
2212
DELISTED
Bill Barrett Corp
BBG
| $12.4M | 0.01% |
1,778,019
+392,211
| +28% | +$2.51M |
|
|
AOI
2213
DELISTED
Alliance One International
AOI
| $12.4M | 0.01% |
643,378
+17,407
| +3% | +$294K |
|
2214
Veeva Systems
VEEV
$42.9B
| $12.3M | 0.01% |
302,061
-65,644
| -18% | -$2.68M |
|
2215
Century Communities
CCS
$1.73B
| $12.2M | 0.01% |
580,406
+113,719
| +24% | +$2.36M |
|
2216
Nathan's Famous
NATH
$404M
| $12.2M | 0.01% |
187,668
+4,913
| +3% | +$279K |
|
2217
NWPX Infrastructure Inc
NWPX
$986M
| $12.2M | 0.01% |
707,209
+51,477
| +8% | +$793K |
|
2218
TC Energy
TRP
$63.8B
| $12.2M | 0.01% |
269,618
+66
| +0% | +$3K |
|
|
TSRO
2219
DELISTED
TESARO, Inc.
TSRO
| $12.1M | 0.01% |
90,321
+1,748
| +2% | +$220K |
|
2220
Buckle
BKE
$2.06B
| $12.1M | 0.01% |
532,677
+50
| +0% | +$1.15K |
|
2221
Timberland Bancorp
TSBK
$359M
| $12.1M | 0.01% |
587,782
+2,879
| +0.5% | +$52.1K |
|
2222
Hyatt Hotels
H
$15B
| $12.1M | 0.01% |
219,647
+6,980
| +3% | +$369K |
|
|
CSR
2223
Centerspace
CSR
$955M
| $12.1M | 0.01% |
169,332
+173
| +0.1% | +$11K |
|
|
LDR
2224
DELISTED
Landauer Inc
LDR
| $12M | 0.01% |
249,548
+42,190
| +20% | +$1.99M |
|
|
SNOW
2225
DELISTED
Intrawest Resorts Holdings, Inc.
SNOW
| $12M | 0.01% |
672,115
+41,222
| +7% | +$707K |
|
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.