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 |
Charter Communications
CHTR
|
+$352M |
| 2 |
Intel
INTC
|
+$271M |
| 3 |
Wells Fargo
WFC
|
+$146M |
| 4 |
Cisco
CSCO
|
+$112M |
| 5 |
Medtronic
MDT
|
+$107M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$713M |
| 2 |
ADT
ADT Corp
ADT
|
+$218M |
| 3 |
GE Aerospace
GE
|
+$179M |
| 4 |
ARG
Airgas Inc
ARG
|
+$142M |
| 5 |
Mondelez International
MDLZ
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.48% |
| 2 | Industrials | 13.41% |
| 3 | Technology | 11.89% |
| 4 | Healthcare | 9.25% |
| 5 | Consumer Discretionary | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Freeport-McMoran
FCX
$90.2B
| $156M | 0.09% |
14,027,580
+7,812,975
| +126% | +$86.5M |
|
202
Royal Caribbean
RCL
$81.8B
| $156M | 0.09% |
2,324,669
+44,087
| +2% | +$3.38M |
|
203
United Parcel Service
UPS
$96B
| $155M | 0.09% |
1,436,365
+4,197
| +0.3% | +$437K |
|
204
Jacobs Solutions
J
$16B
| $154M | 0.09% |
3,746,908
+75,723
| +2% | +$2.98M |
|
205
Sasol
SSL
$7.34B
| $154M | 0.09% |
5,677,721
-200,099
| -3% | -$5.88M |
|
206
Federal Realty Investment Trust
FRT
$11B
| $153M | 0.09% |
924,302
+27,878
| +3% | +$4.34M |
|
|
IBKC
207
DELISTED
IBERIABANK Corp
IBKC
| $153M | 0.09% |
2,555,716
+210,882
| +9% | +$12.2M |
|
|
YHOO
208
DELISTED
Yahoo Inc
YHOO
| $153M | 0.09% |
4,062,023
+119,944
| +3% | +$4.43M |
|
209
Accenture
ACN
$94.3B
| $152M | 0.09% |
1,341,520
+15,453
| +1% | +$1.79M |
|
|
ESL
210
DELISTED
Esterline Technologies
ESL
| $151M | 0.09% |
2,430,396
+180,310
| +8% | +$11.8M |
|
|
FTR
211
DELISTED
Frontier Communications Corp.
FTR
| $148M | 0.09% |
1,998,576
+240,404
| +14% | +$18.8M |
|
212
Darling Ingredients
DAR
$9.62B
| $148M | 0.09% |
9,934,020
+2,178,258
| +28% | +$31.5M |
|
213
Canadian Natural Resources
CNQ
$93.4B
| $146M | 0.08% |
9,696,725
-1,093,059
| -10% | -$15.5M |
|
214
Truist Financial
TFC
$63.7B
| $146M | 0.08% |
4,108,747
+429,035
| +12% | +$15M |
|
215
Vulcan Materials
VMC
$36.9B
| $146M | 0.08% |
1,214,787
-124,654
| -9% | -$14.1M |
|
|
CVA
216
DELISTED
Covanta Holding Corporation
CVA
| $146M | 0.08% |
8,867,574
+247,452
| +3% | +$4.09M |
|
217
Principal Financial Group
PFG
$24B
| $146M | 0.08% |
3,545,210
+234,941
| +7% | +$9.92M |
|
|
QVCGA
218
DELISTED
QVC Group Inc Series A
QVCGA
| $146M | 0.08% |
118,236
-83
| -0.1% | -$104K |
|
219
POSCO
PKX
$16.1B
| $145M | 0.08% |
3,261,888
-105,151
| -3% | -$4.94M |
|
220
FNB Corp
FNB
$6.71B
| $145M | 0.08% |
11,570,393
-389,734
| -3% | -$5.04M |
|
221
Extra Space Storage
EXR
$31.3B
| $145M | 0.08% |
1,566,056
+44,022
| +3% | +$3.98M |
|
|
UMPQ
222
DELISTED
Umpqua Holdings Corp
UMPQ
| $145M | 0.08% |
9,346,756
+199,763
| +2% | +$3.12M |
|
223
Steel Dynamics
STLD
$36.1B
| $144M | 0.08% |
5,887,258
-100,656
| -2% | -$2.46M |
|
|
ATVI
224
DELISTED
Activision Blizzard
ATVI
| $144M | 0.08% |
3,634,137
-2,850,793
| -44% | -$105M |
|
225
Costco
COST
$422B
| $144M | 0.08% |
916,708
+16,609
| +2% | +$2.52M |
|
Similar funds
Dimensional Fund Advisors's Q2 2016 Portfolio in Review
As of Q2 2016, Dimensional Fund Advisors held 3,367 positions worth $174B, up 4% from $167B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Trading was light in Q2 2016: portfolio turnover was 4.3%. Dimensional Fund Advisors opened 68 new positions and exited 77, leaving the 3,367-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q2 2016 buy was ATN International: 819,912 shares worth $63.8M.
- Dimensional Fund Advisors added most to Charter Communications in Q2 2016, an estimated $352M increase.
- Dimensional Fund Advisors's biggest Q2 2016 reduction was GE Aerospace, cutting an estimated $179M.
- Dimensional Fund Advisors fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $713M.
- Dimensional Fund Advisors's ten largest holdings make up 9.4% of its $174B portfolio in Q2 2016.
- Dimensional Fund Advisors opened 68 new positions and closed 77 in Q2 2016.
- Dimensional Fund Advisors's portfolio value rose 4% quarter-over-quarter to $174B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2016, filed 9 Aug 2016.