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 |
Wells Fargo
WFC
|
+$281M |
| 2 |
Apple
AAPL
|
+$154M |
| 3 |
Qualcomm
QCOM
|
+$151M |
| 4 |
Citigroup
C
|
+$130M |
| 5 |
Mondelez International
MDLZ
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SFG
STANCORP FINL GRP
SFG
|
+$278M |
| 2 |
SYA
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
|
+$187M |
| 3 |
Synchrony
SYF
|
+$171M |
| 4 |
PRE
PARTNERRE LTD
PRE
|
+$167M |
| 5 |
HNT
HEALTH NET INC
HNT
|
+$155M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.43% |
| 2 | Industrials | 13.93% |
| 3 | Technology | 12.1% |
| 4 | Consumer Discretionary | 9.79% |
| 5 | Healthcare | 9.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Xerox
XRX
$387M
| $152M | 0.09% |
5,172,373
-105,275
| -2% | -$2.71M |
|
202
United Parcel Service
UPS
$88.6B
| $151M | 0.09% |
1,432,168
+86,159
| +6% | +$8.37M |
|
203
Aflac
AFL
$64.9B
| $150M | 0.09% |
4,765,656
-143,340
| -3% | -$4.26M |
|
204
Pultegroup
PHM
$24.1B
| $150M | 0.09% |
8,033,792
+1,970,660
| +33% | +$33.6M |
|
205
Nike
NKE
$61.9B
| $150M | 0.09% |
2,438,276
+127,620
| +6% | +$7.71M |
|
|
HES
206
DELISTED
Hess
HES
| $149M | 0.09% |
2,835,759
-38,227
| -1% | -$1.69M |
|
207
Constellation Brands
STZ
$22.2B
| $149M | 0.09% |
982,993
+1,317
| +0.1% | +$190K |
|
|
ARGO
208
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $148M | 0.09% |
3,260,970
-16,297
| -0.5% | -$721K |
|
209
Target
TGT
$65.6B
| $148M | 0.09% |
1,794,961
+65,105
| +4% | +$4.92M |
|
|
FTR
210
DELISTED
Frontier Communications Corp.
FTR
| $147M | 0.09% |
1,758,172
+314,008
| +22% | +$22.8M |
|
|
MGLN
211
DELISTED
Magellan Health Services, Inc.
MGLN
| $147M | 0.09% |
2,166,547
+91,072
| +4% | +$5.48M |
|
212
Molson Coors Class B
TAP
$7.79B
| $147M | 0.09% |
1,529,627
-23,949
| -2% | -$2.14M |
|
213
UFP Industries
UFPI
$4.9B
| $147M | 0.09% |
5,129,898
-3,702
| -0.1% | -$88.2K |
|
|
CVA
214
DELISTED
Covanta Holding Corporation
CVA
| $145M | 0.09% |
8,620,122
+505,122
| +6% | +$7.45M |
|
|
YHOO
215
DELISTED
Yahoo Inc
YHOO
| $145M | 0.09% |
3,942,079
+30,507
| +0.8% | +$955K |
|
|
UMPQ
216
DELISTED
Umpqua Holdings Corp
UMPQ
| $145M | 0.09% |
9,146,993
+361,043
| +4% | +$5.45M |
|
|
QVCGA
217
DELISTED
QVC Group Inc Series A
QVCGA
| $145M | 0.09% |
118,319
+435
| +0.4% | +$530K |
|
|
ESL
218
DELISTED
Esterline Technologies
ESL
| $144M | 0.09% |
2,250,086
+19,294
| +0.9% | +$1.27M |
|
219
Kohl's
KSS
$2.17B
| $144M | 0.09% |
3,084,048
+117,138
| +4% | +$5.5M |
|
|
BHI
220
DELISTED
Baker Hughes
BHI
| $144M | 0.09% |
3,275,436
-43,472
| -1% | -$1.88M |
|
|
FFG
221
DELISTED
FBL Financial Group
FFG
| $143M | 0.09% |
2,325,709
-16,619
| -0.7% | -$978K |
|
222
NVIDIA
NVDA
$4.86T
| $143M | 0.09% |
160,250,760
-2,373,000
| -1% | -$1.81M |
|
|
CELG
223
DELISTED
Celgene Corp
CELG
| $143M | 0.09% |
1,424,544
+43,039
| +3% | +$4.43M |
|
224
Extra Space Storage
EXR
$31.3B
| $142M | 0.09% |
1,522,034
+61,522
| +4% | +$5.35M |
|
225
Marriott Vacations Worldwide
VAC
$3.35B
| $142M | 0.09% |
2,103,796
+17,442
| +0.8% | +$987K |
|
Similar funds
Dimensional Fund Advisors's Q1 2016 Portfolio in Review
As of Q1 2016, Dimensional Fund Advisors held 3,387 positions worth $167B, up 4.1% from $160B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Trading was light in Q1 2016: portfolio turnover was 4.3%. Dimensional Fund Advisors opened 58 new positions and exited 88, leaving the 3,387-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 19% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q1 2016 buy was Welbilt, Inc.: 3,607,294 shares worth $53.2M.
- Dimensional Fund Advisors added most to Wells Fargo in Q1 2016, an estimated $281M increase.
- Dimensional Fund Advisors's biggest Q1 2016 reduction was Synchrony, cutting an estimated $171M.
- Dimensional Fund Advisors fully exited STANCORP FINL GRP in Q1 2016, selling an estimated $278M.
- Dimensional Fund Advisors's ten largest holdings make up 9% of its $167B portfolio in Q1 2016.
- Dimensional Fund Advisors opened 58 new positions and closed 88 in Q1 2016.
- Dimensional Fund Advisors's portfolio value rose 4.1% quarter-over-quarter to $167B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2016, filed 13 May 2016.