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 |
Apple
AAPL
|
+$158M |
| 2 |
Pfizer
PFE
|
+$134M |
| 3 |
XL
XL Group Ltd.
XL
|
+$132M |
| 4 |
AGN
Allergan plc
AGN
|
+$132M |
| 5 |
Chevron
CVX
|
+$105M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CVS Health
CVS
|
+$271M |
| 2 |
Qorvo
QRVO
|
+$149M |
| 3 |
LTM
LIFE TIME FITNESS INC
LTM
|
+$135M |
| 4 |
AOL
AOL INC COMMON STOCK
AOL
|
+$93.5M |
| 5 |
Occidental Petroleum
OXY
|
+$89.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.38% |
| 2 | Industrials | 13.39% |
| 3 | Technology | 10.94% |
| 4 | Consumer Discretionary | 9.79% |
| 5 | Healthcare | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Arrow Electronics
ARW
$10.5B
| $151M | 0.09% |
2,707,473
+54,342
| +2% | +$3.3M |
|
|
YHOO
202
DELISTED
Yahoo Inc
YHOO
| $151M | 0.09% |
3,845,053
+171,355
| +5% | +$7.36M |
|
203
Commercial Metals
CMC
$7.53B
| $151M | 0.09% |
9,390,615
+561,655
| +6% | +$9.18M |
|
204
Target
TGT
$66.8B
| $151M | 0.09% |
1,847,391
-1,074,715
| -37% | -$87M |
|
205
Biogen
BIIB
$31.8B
| $150M | 0.09% |
372,303
+31,654
| +9% | +$12.7M |
|
206
Xerox
XRX
$357M
| $148M | 0.09% |
5,294,653
+65,769
| +1% | +$2.03M |
|
207
Kinder Morgan
KMI
$71.2B
| $148M | 0.09% |
3,859,223
+387,290
| +11% | +$16.2M |
|
208
Lowe's Companies
LOW
$122B
| $148M | 0.09% |
2,209,918
+86,638
| +4% | +$6.18M |
|
|
CELG
209
DELISTED
Celgene Corp
CELG
| $147M | 0.09% |
1,271,576
+59,369
| +5% | +$6.79M |
|
210
Macerich
MAC
$7.47B
| $147M | 0.09% |
1,971,434
+59,008
| +3% | +$4.78M |
|
211
Fulton Financial
FULT
$4.68B
| $147M | 0.09% |
11,241,261
+385,543
| +4% | +$4.89M |
|
|
HNT
212
DELISTED
HEALTH NET INC
HNT
| $147M | 0.09% |
2,289,162
-106,494
| -4% | -$6.36M |
|
|
WBA
213
DELISTED
Walgreens Boots Alliance
WBA
| $146M | 0.09% |
1,733,571
+352,533
| +26% | +$30.4M |
|
|
LM
214
DELISTED
Legg Mason, Inc.
LM
| $146M | 0.09% |
2,828,886
+45,036
| +2% | +$2.43M |
|
215
TSMC
TSM
$1.95T
| $145M | 0.09% |
6,402,200
+843,445
| +15% | +$20.1M |
|
|
ARGO
216
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $145M | 0.09% |
3,292,138
-15,175
| -0.5% | -$630K |
|
217
Ryder
R
$9.79B
| $144M | 0.09% |
1,646,479
+119,311
| +8% | +$11.3M |
|
|
ODP
218
DELISTED
ODP
ODP
| $144M | 0.09% |
1,657,815
-24,730
| -1% | -$2.27M |
|
219
Principal Financial Group
PFG
$24.5B
| $143M | 0.09% |
2,792,286
+408,152
| +17% | +$21.2M |
|
220
Micron Technology
MU
$878B
| $143M | 0.09% |
7,584,636
-212,869
| -3% | -$5.67M |
|
|
ADT
221
DELISTED
ADT Corp
ADT
| $143M | 0.09% |
4,247,918
+575,265
| +16% | +$21.9M |
|
222
American Express
AXP
$226B
| $141M | 0.09% |
1,820,396
+117,908
| +7% | +$9.35M |
|
223
MKS Inc
MKSI
$17.7B
| $141M | 0.09% |
3,727,338
+139,326
| +4% | +$5.07M |
|
224
Nasdaq
NDAQ
$53.8B
| $141M | 0.09% |
8,689,251
-700,752
| -7% | -$11.8M |
|
|
RKT
225
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $141M | 0.09% |
2,347,438
+106,940
| +5% | +$6.76M |
|
Similar funds
Dimensional Fund Advisors's Q2 2015 Portfolio in Review
As of Q2 2015, Dimensional Fund Advisors held 3,417 positions worth $163B, up 3.1% from $158B the previous quarter. Its ten largest holdings account for 8.7% of the portfolio.
Dimensional Fund Advisors deployed $5.71B of net new capital in Q2 2015, opening 88 new positions and adding to 2,266 existing holdings. Its largest new stake was Uniti Group: 1,204,126 shares worth $29.8M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Industrials and Technology.
On the sell side, the largest reduction was CVS Health, an estimated $271M trimmed.
- Dimensional Fund Advisors's largest Q2 2015 buy was Uniti Group: 1,204,126 shares worth $29.8M.
- Dimensional Fund Advisors added most to Apple in Q2 2015, an estimated $158M increase.
- Dimensional Fund Advisors's biggest Q2 2015 reduction was CVS Health, cutting an estimated $271M.
- Dimensional Fund Advisors fully exited LIFE TIME FITNESS INC in Q2 2015, selling an estimated $135M.
- Dimensional Fund Advisors's ten largest holdings make up 8.7% of its $163B portfolio in Q2 2015.
- Dimensional Fund Advisors opened 88 new positions and closed 55 in Q2 2015.
- Dimensional Fund Advisors's portfolio value rose 3.1% quarter-over-quarter to $163B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2015, filed 14 Aug 2015.