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
|
+$337M |
| 2 |
DXC Technology
DXC
|
+$230M |
| 3 |
JHG
Janus Henderson
JHG
|
+$189M |
| 4 |
American Tower
AMT
|
+$183M |
| 5 |
AT&T
T
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$190M |
| 2 |
SWC
Stillwater Mining Co
SWC
|
+$153M |
| 3 |
PVTB
PrivateBancorp Inc
PVTB
|
+$133M |
| 4 |
JNS
Janus Capital Group Inc
JNS
|
+$122M |
| 5 |
WNR
Western Refining Inc
WNR
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.16% |
| 2 | Industrials | 13.53% |
| 3 | Technology | 12.72% |
| 4 | Consumer Discretionary | 9.98% |
| 5 | Healthcare | 9.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
GameStop
GME
$9.86B
| $184M | 0.08% |
34,006,460
+9,415,096
| +38% | +$53.1M |
|
227
ManpowerGroup
MAN
$2.6B
| $181M | 0.08% |
1,617,999
+69,089
| +4% | +$7.13M |
|
228
Eastman Chemical
EMN
$7.87B
| $181M | 0.08% |
2,150,513
+49,681
| +2% | +$4M |
|
229
Centene
CNC
$30.8B
| $180M | 0.08% |
4,498,508
+519,324
| +13% | +$19.6M |
|
230
American Financial Group
AFG
$12.1B
| $179M | 0.08% |
1,799,802
-243,830
| -12% | -$23.9M |
|
231
Broadcom
AVGO
$1.83T
| $177M | 0.08% |
7,593,360
+148,060
| +2% | +$3.43M |
|
|
TPH
232
DELISTED
Tri Pointe Homes
TPH
| $177M | 0.08% |
13,386,518
+22,051
| +0.2% | +$275K |
|
|
CHU
233
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $176M | 0.08% |
11,732,424
-126,094
| -1% | -$1.76M |
|
|
DGI
234
DELISTED
DigitalGlobe Inc.
DGI
| $174M | 0.08% |
5,227,591
-11,835
| -0.2% | -$381K |
|
235
Deckers Outdoor
DECK
$14.1B
| $174M | 0.08% |
15,276,966
+1,049,064
| +7% | +$10.9M |
|
236
Jabil
JBL
$31.4B
| $174M | 0.08% |
5,951,206
+309,380
| +5% | +$9.09M |
|
237
Lockheed Martin
LMT
$134B
| $173M | 0.08% |
623,262
+25,085
| +4% | +$6.89M |
|
|
SAFM
238
DELISTED
Sanderson Farms Inc
SAFM
| $173M | 0.08% |
1,493,586
+119,111
| +9% | +$13.8M |
|
239
Jacobs Solutions
J
$16.4B
| $172M | 0.08% |
3,834,189
+25,382
| +0.7% | +$1.13M |
|
|
AF
240
DELISTED
Astoria Financial Corporation
AF
| $172M | 0.08% |
8,546,342
+28,464
| +0.3% | +$564K |
|
241
Post Holdings
POST
$4.28B
| $170M | 0.08% |
3,354,253
+31,389
| +0.9% | +$1.69M |
|
|
TCF
242
DELISTED
TCF Financial Corporation
TCF
| $170M | 0.08% |
10,678,575
+1,001,493
| +10% | +$16.1M |
|
243
Hecla Mining
HL
$9.91B
| $170M | 0.08% |
33,337,576
-28,831
| -0.1% | -$160K |
|
|
STL
244
DELISTED
Sterling Bancorp
STL
| $170M | 0.08% |
7,307,291
-170,495
| -2% | -$3.9M |
|
245
Mid-America Apartment Communities
MAA
$15.8B
| $170M | 0.08% |
1,610,060
+33,786
| +2% | +$3.48M |
|
246
RenaissanceRe
RNR
$13.8B
| $169M | 0.08% |
1,217,939
+12,882
| +1% | +$1.81M |
|
247
MGM Resorts International
MGM
$11.8B
| $169M | 0.08% |
5,389,589
-61,700
| -1% | -$1.91M |
|
|
AL
248
DELISTED
Air Lease Corp
AL
| $168M | 0.08% |
4,509,304
-82,637
| -2% | -$3.09M |
|
249
AXIS Capital
AXS
$8.79B
| $168M | 0.08% |
2,603,698
-8,825
| -0.3% | -$576K |
|
|
AWH
250
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $168M | 0.08% |
3,182,035
-3,299
| -0.1% | -$174K |
|
Similar funds
Dimensional Fund Advisors's Q2 2017 Portfolio in Review
As of Q2 2017, Dimensional Fund Advisors held 3,388 positions worth $217B, up 3.5% from $209B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Trading was light in Q2 2017: portfolio turnover was 4.8%. Dimensional Fund Advisors opened 86 new positions and exited 78, leaving the 3,388-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q2 2017 buy was DXC Technology: 3,463,430 shares worth $230M.
- Dimensional Fund Advisors added most to Wells Fargo in Q2 2017, an estimated $337M increase.
- Dimensional Fund Advisors's biggest Q2 2017 reduction was Hewlett Packard, cutting an estimated $97.6M.
- Dimensional Fund Advisors fully exited Yahoo Inc in Q2 2017, selling an estimated $190M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $217B portfolio in Q2 2017.
- Dimensional Fund Advisors opened 86 new positions and closed 78 in Q2 2017.
- Dimensional Fund Advisors's portfolio value rose 3.5% quarter-over-quarter to $217B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2017, filed 11 Aug 2017.