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 | 20.55% |
| 2 | Industrials | 13.59% |
| 3 | Technology | 12.45% |
| 4 | Consumer Discretionary | 9.36% |
| 5 | Healthcare | 8.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2276
Ultrapar
UGP
$6.66B
| $10.5M | 0.01% |
1,012,448
-31,920
| -3% | -$336K |
|
2277
BlackBerry
BB
$4.58B
| $10.5M | 0.01% |
1,523,551
-200,855
| -12% | -$1.49M |
|
|
ARC
2278
DELISTED
ARC Document Solutions, Inc.
ARC
| $10.5M | 0.01% |
2,062,506
+14,460
| +0.7% | +$60.5K |
|
|
TIS
2279
DELISTED
Orchids Paper Products, Inc.
TIS
| $10.5M | 0.01% |
399,325
+18,310
| +5% | +$473K |
|
|
UHT
2280
Universal Health Realty Income Trust
UHT
$621M
| $10.5M | 0.01% |
159,334
+1,578
| +1% | +$94.8K |
|
|
WIN
2281
DELISTED
Windstream Holdings Inc
WIN
| $10.4M | 0.01% |
284,055
-22,650
| -7% | -$882K |
|
2282
PENN Entertainment
PENN
$2.84B
| $10.4M | 0.01% |
754,268
-6,638
| -0.9% | -$90.5K |
|
2283
Palo Alto Networks
PANW
$256B
| $10.4M | 0.01% |
498,660
+29,844
| +6% | +$715K |
|
2284
Phibro Animal Health
PAHC
$1.5B
| $10.3M | 0.01% |
352,747
+17,656
| +5% | +$482K |
|
2285
RELX
RELX
$66.8B
| $10.3M | 0.01% |
574,664
-4,320
| -0.7% | -$76.4K |
|
|
WMGI
2286
DELISTED
Wright Medical Group Inc
WMGI
| $10.3M | 0.01% |
448,282
-12,821
| -3% | -$298K |
|
|
SSNI
2287
DELISTED
Silver Spring Networks, Inc.
SSNI
| $10.3M | 0.01% |
773,637
+136,969
| +22% | +$1.89M |
|
2288
Guidewire Software
GWRE
$13.9B
| $10.2M | 0.01% |
207,611
+1,837
| +0.9% | +$103K |
|
|
CDI
2289
DELISTED
CDI Corp.
CDI
| $10.2M | 0.01% |
1,384,036
+1,869
| +0.1% | +$12.8K |
|
|
CAI
2290
DELISTED
CAI International, Inc.
CAI
| $10.2M | 0.01% |
1,180,576
+29,015
| +3% | +$254K |
|
2291
Sterling Infrastructure
STRL
$15.2B
| $10.2M | 0.01% |
1,208,659
+232,453
| +24% | +$1.86M |
|
|
LKSD
2292
DELISTED
LSC Communications, Inc.
LKSD
| $10.2M | 0.01% |
+344,119
| New | +$8.17M |
|
2293
Extreme Networks
EXTR
$3.8B
| $10.2M | 0.01% |
2,030,440
+219,564
| +12% | +$995K |
|
|
AVID
2294
DELISTED
Avid Technology Inc
AVID
| $10.2M | 0.01% |
2,317,901
-159,302
| -6% | -$887K |
|
2295
Moelis & Co
MC
$4.85B
| $10.2M | 0.01% |
300,208
+22,638
| +8% | +$639K |
|
2296
Advanced Drainage Systems
WMS
$10.6B
| $10.1M | 0.01% |
491,771
+47,414
| +11% | +$994K |
|
|
SJR
2297
DELISTED
Shaw Communications Inc.
SJR
| $10.1M | 0.01% |
503,833
-1,092
| -0.2% | -$21.7K |
|
2298
Essent Group
ESNT
$6.28B
| $10.1M | 0.01% |
+312,202
| New | +$9.19M |
|
|
PRAH
2299
DELISTED
PRA Health Sciences, Inc.
PRAH
| $10.1M | 0.01% |
+182,900
| New | +$10M |
|
2300
Liberty Media Series C
FWONK
$25.5B
| $10.1M | 0.01% |
332,550
-8,825
| -3% | -$253K |
|
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 18% 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.