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 |
Synchrony
SYF
|
+$429M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$340M |
| 3 |
Comcast
CMCSA
|
+$323M |
| 4 |
Hewlett Packard
HPE
|
+$271M |
| 5 |
Apple
AAPL
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$451M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$325M |
| 3 |
HP
HPQ
|
+$294M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$285M |
| 5 |
CNW
CON-WAY INC.
CNW
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.04% |
| 2 | Industrials | 13.42% |
| 3 | Technology | 11.6% |
| 4 | Consumer Discretionary | 9.68% |
| 5 | Healthcare | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Reinsurance Group of America
RGA
$15.9B
| $145M | 0.09% |
1,689,738
+16,338
| +1% | +$1.48M |
|
202
Nike
NKE
$63.2B
| $144M | 0.09% |
2,310,656
+150,400
| +7% | +$9.7M |
|
203
UGI
UGI
$7.93B
| $144M | 0.09% |
4,264,680
+236,718
| +6% | +$8.21M |
|
204
KB Financial Group
KB
$39.6B
| $144M | 0.09% |
5,162,230
-79,488
| -2% | -$2.4M |
|
205
Eaton
ETN
$148B
| $144M | 0.09% |
2,758,594
+138,367
| +5% | +$7.49M |
|
|
UFS
206
DELISTED
DOMTAR CORPORATION (New)
UFS
| $143M | 0.09% |
3,880,431
+551,990
| +17% | +$21.9M |
|
|
PCP
207
DELISTED
PRECISION CASTPARTS CORP
PCP
| $143M | 0.09% |
616,877
-3,479
| -0.6% | -$804K |
|
208
SL Green Realty
SLG
$3.83B
| $143M | 0.09% |
1,307,898
+18,918
| +1% | +$2.12M |
|
209
Kohl's
KSS
$2.15B
| $141M | 0.09% |
2,966,910
+160,842
| +6% | +$7.44M |
|
|
ENIA
210
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $141M | 0.09% |
21,541,604
-146,703
| -0.7% | -$997K |
|
|
RDC
211
DELISTED
Rowan Companies Plc
RDC
| $141M | 0.09% |
8,325,463
+2,004,592
| +32% | +$38.4M |
|
212
Sanmina
SANM
$9.33B
| $141M | 0.09% |
6,830,810
+67,813
| +1% | +$1.51M |
|
213
Carnival Corporation Ltd
CCL
$38.4B
| $140M | 0.09% |
2,570,888
+29,330
| +1% | +$1.52M |
|
214
Constellation Brands
STZ
$22.6B
| $140M | 0.09% |
981,676
+4,969
| +0.5% | +$684K |
|
|
UMPQ
215
DELISTED
Umpqua Holdings Corp
UMPQ
| $140M | 0.09% |
8,785,950
-21,177
| -0.2% | -$358K |
|
216
Ingredion
INGR
$6.49B
| $139M | 0.09% |
1,453,792
-23,201
| -2% | -$2.2M |
|
|
HES
217
DELISTED
Hess
HES
| $139M | 0.09% |
2,873,986
-45,015
| -2% | -$2.55M |
|
218
Kimco Realty
KIM
$17.7B
| $139M | 0.09% |
5,254,996
+101,070
| +2% | +$2.63M |
|
219
Truist Financial
TFC
$64.7B
| $139M | 0.09% |
3,675,423
-1,444,310
| -28% | -$54.3M |
|
|
ARG
220
DELISTED
Airgas Inc
ARG
| $139M | 0.09% |
1,001,625
+34,576
| +4% | +$3.98M |
|
221
Vishay Intertechnology
VSH
$5.01B
| $138M | 0.09% |
11,459,274
+127,135
| +1% | +$1.44M |
|
222
Costco
COST
$430B
| $138M | 0.09% |
851,882
+49,695
| +6% | +$7.85M |
|
223
Petrobras Class A
PBR.A
$106B
| $137M | 0.09% |
40,263,860
-205,252
| -0.5% | -$816K |
|
224
AngloGold Ashanti
AU
$39.4B
| $137M | 0.09% |
19,247,028
+1,059,791
| +6% | +$8.08M |
|
225
First Solar
FSLR
$21.8B
| $135M | 0.08% |
2,048,688
-35,044
| -2% | -$1.96M |
|
Similar funds
Dimensional Fund Advisors's Q4 2015 Portfolio in Review
As of Q4 2015, Dimensional Fund Advisors held 3,421 positions worth $160B, up 5.3% from $152B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Trading was light in Q4 2015: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 53 new positions and exited 92, leaving the 3,421-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q4 2015 buy was Alphabet (Google) Class A: 9,182,480 shares worth $357M.
- Dimensional Fund Advisors added most to Synchrony in Q4 2015, an estimated $429M increase.
- Dimensional Fund Advisors's biggest Q4 2015 reduction was GE Aerospace, cutting an estimated $451M.
- Dimensional Fund Advisors fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $325M.
- Dimensional Fund Advisors's ten largest holdings make up 9% of its $160B portfolio in Q4 2015.
- Dimensional Fund Advisors opened 53 new positions and closed 92 in Q4 2015.
- Dimensional Fund Advisors's portfolio value rose 5.3% quarter-over-quarter to $160B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2015, filed 10 Feb 2016.