Dimensional Fund’s $14 Billion Financial Share Holdings: SPG, BAC, JPM, MET, PRU

Wall St. Watchdog reveals information regarding Dimensional Fund Management’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 757 stocks in the Financial sector at the end of the quarter with an aggregate market value of $14.097 billion.

  • Simon Property Group Inc. (NYSE:SPG): On 06/30/2011, Dimensional Fund Management reported holding 3,063,099 shares with a market value of $356,024,007. This comprised 0.42% of the total portfolio. On 09/30/2011, Dimensional Fund Management reported holding 3,066,151 shares with a market value of $337,215,297. This comprised 0.51% of the total portfolio. The net change in shares for this position over the two quarters is 3,052. About Company: Simon Property Group, Inc. is a self-administered and self-managed, real estate investment trust. The Company owns, develops, and manages retail real estate properties including regional malls, outlet centers, community/lifestyle centers, and international properties.
  • Bank Of America Corporation (NYSE:BAC): On 06/30/2011, Dimensional Fund Management reported holding 54,970,039 shares with a market value of $602,471,630. This comprised 0.71% of the total portfolio. On 09/30/2011, Dimensional Fund Management reported holding 53,950,080 shares with a market value of $330,174,483. This comprised 0.5% of the total portfolio. The net change in shares for this position over the two quarters is -1,019,959. About Company: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
  • Jpmorgan Chase & Co. (NYSE:JPM): On 06/30/2011, Dimensional Fund Management reported holding 9,582,943 shares with a market value of $392,325,673. This comprised 0.46% of the total portfolio. On 09/30/2011, Dimensional Fund Management reported holding 9,858,928 shares with a market value of $296,950,920. This comprised 0.45% of the total portfolio. The net change in shares for this position over the two quarters is 275,985. About Company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.
  • Icici Bank Ltd. (NYSE:IBN): On 06/30/2011, Dimensional Fund Management reported holding 7,213,486 shares with a market value of $355,624,854. This comprised 0.42% of the total portfolio. On 09/30/2011, Dimensional Fund Management reported holding 7,162,751 shares with a market value of $248,690,723. This comprised 0.37% of the total portfolio. The net change in shares for this position over the two quarters is -50,735. About Company: ICICI Bank Limited operates a network of bank’s located throughout India. The Group specializes in retail and corporate banking, in addition to Forex and treasury operations. ICICI Bank also provides a wide variety of investment banking, insurance and financial services to its clients.
  • Metlife Inc. (NYSE:MET): On 06/30/2011, Dimensional Fund Management reported holding 8,486,816 shares with a market value of $372,316,609. This comprised 0.44% of the total portfolio. On 09/30/2011, Dimensional Fund Management reported holding 8,618,606 shares with a market value of $241,407,156. This comprised 0.36% of the total portfolio. The net change in shares for this position over the two quarters is 131,790. About Company: MetLife, Inc. provides individual insurance, employee benefits and financial services with operations throughout the United States and the regions of Latin America, Europe, and Asia Pacific. The Company’s products include life insurance, annuities, automobile and homeowners insurance, retail banking and other financial services to individuals as well as group insurance.
  • Wells Fargo & Company (NYSE:WFC): On 06/30/2011, Dimensional Fund Management reported holding 9,182,245 shares with a market value of $257,653,790. This comprised 0.3% of the total portfolio. On 09/30/2011, Dimensional Fund Management reported holding 9,561,809 shares with a market value of $230,630,841. This comprised 0.35% of the total portfolio. The net change in shares for this position over the two quarters is 379,564. About Company: Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, leasing, credit cards, and consumer finance. The Company operates through physical stores, the Internet and other distribution channels across North America and elsewhere internationally.
  • Banco Santander (brasil) S.a. (NYSE:BSBR): On 06/30/2011, Dimensional Fund Management reported holding 26,054,063 shares with a market value of $305,093,079. This comprised 0.36% of the total portfolio. On 09/30/2011, Dimensional Fund Management reported holding 27,699,378 shares with a market value of $202,759,452. This comprised 0.3% of the total portfolio. The net change in shares for this position over the two quarters is 1,645,315. About Company: Banco Santander Brasil SA attracts deposits and offers retail, commercial and private banking, and asset management services. The Bank offers consumer credit, mortgage loans, lease financing, mutual funds, insurance, commercial credit, investment banking services, and structured finance.
  • Prudential Financial Inc. (NYSE:PRU): On 06/30/2011, Dimensional Fund Management reported holding 4,099,569 shares with a market value of $260,691,593. This comprised 0.31% of the total portfolio. On 09/30/2011, Dimensional Fund Management reported holding 4,193,357 shares with a market value of $196,500,712. This comprised 0.3% of the total portfolio. The net change in shares for this position over the two quarters is 93,788. About Company: Prudential Financial, Inc. provides financial services throughout the United States and several locations worldwide. The Company offers a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement related services and administration, asset management, securities brokerage, real estate brokerage, and relocation services.
  • Kb Financial Group Inc. (NYSE:KB): On 06/30/2011, Dimensional Fund Management reported holding 5,538,311 shares with a market value of $264,731,262. This comprised 0.31% of the total portfolio. On 09/30/2011, Dimensional Fund Management reported holding 5,618,056 shares with a market value of $184,047,505. This comprised 0.28% of the total portfolio. The net change in shares for this position over the two quarters is 79,745. About Company: KB Financial Group, Inc. is the holding company for Kookmin Bank. The Bank attracts deposits and offers commercial banking services. Kookmin offers mortgage and home equity, consumer and corporate loans; credit cards; securities investment and trading services; investment banking; investment advice; foreign exchange services; and insurance.
  • Public Storage (NYSE:PSA): On 06/30/2011, Dimensional Fund Management reported holding 1,522,748 shares with a market value of $173,608,503. This comprised 0.2% of the total portfolio. On 09/30/2011, Dimensional Fund Management reported holding 1,519,576 shares with a market value of $169,204,785. This comprised 0.25% of the total portfolio. The net change in shares for this position over the two quarters is -3,172. About Company: Public Storage is a real estate investment trust. The trust’s principal business activities include the acquisition, development, ownership and operation of self-storage facilities in the United States. Public Storage also own an equity interest in an owner and operator of self-storage facilities in Europe.

(Note: Data regarding Dimensional Fund Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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