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.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
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Some upgrades that Lehman Brothers have bankrolled — new snowcats and spa renovations, among others — give the impression of a homeowner putting on a fresh coat of paint and fixing the leaky faucet before selling the place. Pilotte believes that is
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