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
|
+$302M |
| 2 |
STL
Sterling Bancorp
STL
|
+$169M |
| 3 |
Chevron
CVX
|
+$165M |
| 4 |
American Tower
AMT
|
+$146M |
| 5 |
ExxonMobil
XOM
|
+$123M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Citigroup
C
|
+$205M |
| 2 |
Cisco
CSCO
|
+$190M |
| 3 |
AF
Astoria Financial Corporation
AF
|
+$184M |
| 4 |
DGI
DigitalGlobe Inc.
DGI
|
+$181M |
| 5 |
CSX Corp
CSX
|
+$138M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.98% |
| 2 | Industrials | 13.43% |
| 3 | Technology | 12.64% |
| 4 | Consumer Discretionary | 10.42% |
| 5 | Healthcare | 9.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2526
Unity Bancorp
UNTY
$601M
| $6.44M | ﹤0.01% |
325,985
+34,786
| +12% | +$699K |
|
2527
Teekay Tankers
TNK
$2.58B
| $6.44M | ﹤0.01% |
574,776
-13,120
| -2% | -$161K |
|
2528
Acacia Research
ACTG
$439M
| $6.44M | ﹤0.01% |
1,589,412
+222,937
| +16% | +$944K |
|
2529
DHI Group
DHX
$181M
| $6.42M | ﹤0.01% |
3,379,323
+55,398
| +2% | +$115K |
|
|
HMNF
2530
DELISTED
HMN Financial Inc
HMNF
| $6.42M | ﹤0.01% |
334,968
+1,201
| +0.4% | +$22.3K |
|
|
ALTA
2531
DELISTED
Altabancorp
ALTA
| $6.41M | ﹤0.01% |
211,522
+43,417
| +26% | +$1.36M |
|
|
PRTY
2532
DELISTED
Party City Holdco Inc.
PRTY
| $6.41M | ﹤0.01% |
459,378
-200
| -0% | -$2.46K |
|
2533
Crawford & Co Class B
CRD.B
$574M
| $6.41M | ﹤0.01% |
665,865
+37,969
| +6% | +$402K |
|
2534
Frequency Electronics
FEIM
$778M
| $6.39M | ﹤0.01% |
682,288
+1,070
| +0.2% | +$10K |
|
2535
RCM Technologies
RCMT
$206M
| $6.35M | ﹤0.01% |
1,009,964
-8,868
| -0.9% | -$57K |
|
2536
CAE Inc. Common Shares
CAE
$8.62B
| $6.33M | ﹤0.01% |
341,252
+118,813
| +53% | +$2.1M |
|
|
HOS
2537
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $6.32M | ﹤0.01% |
2,033,255
| – | – |
|
|
CBD
2538
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $6.32M | ﹤0.01% |
268,080
-13,099
| -5% | -$303K |
|
2539
Celestica
CLS
$41.7B
| $6.27M | ﹤0.01% |
598,293
+3,800
| +0.6% | +$42K |
|
|
EDGW
2540
DELISTED
Edgewater Technology Inc
EDGW
| $6.25M | ﹤0.01% |
1,002,360
+13,100
| +1% | +$83.4K |
|
2541
Ultralife
ULBI
$88.4M
| $6.25M | ﹤0.01% |
954,578
+28,603
| +3% | +$192K |
|
2542
Limbach Holdings
LMB
$593M
| $6.19M | ﹤0.01% |
447,839
+433,471
| +3,017% | +$5.8M |
|
2543
Match Group
MTCH
$8.9B
| $6.19M | ﹤0.01% |
197,704
+9,806
| +5% | +$275K |
|
2544
Surgery Partners
SGRY
$2B
| $6.17M | ﹤0.01% |
509,943
+204,034
| +67% | +$1.95M |
|
2545
Beasley Broadcasting Group
BBGI
$44.7M
| $6.17M | ﹤0.01% |
23,012
+873
| +4% | +$198K |
|
|
CYOU
2546
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $6.14M | ﹤0.01% |
168,574
| – | – |
|
2547
Key Tronic
KTCC
$44.2M
| $6.13M | ﹤0.01% |
897,647
| – | – |
|
|
IVAC
2548
DELISTED
Intevac Inc
IVAC
| $6.13M | ﹤0.01% |
894,084
+24,469
| +3% | +$188K |
|
|
MRTX
2549
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $6.11M | ﹤0.01% |
334,567
-2,100
| -0.6% | -$32.6K |
|
|
EMKR
2550
DELISTED
Emcore Corp
EMKR
| $6.11M | ﹤0.01% |
94,670
| – | – |
|
Similar funds
Dimensional Fund Advisors's Q4 2017 Portfolio in Review
As of Q4 2017, Dimensional Fund Advisors held 3,411 positions worth $241B, up 5.4% from $229B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Trading was light in Q4 2017: portfolio turnover was 4.7%. Dimensional Fund Advisors opened 75 new positions and exited 87, leaving the 3,411-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q4 2017 buy was Maxar Technologies Inc. Common Stock: 1,045,646 shares worth $67.3M.
- Dimensional Fund Advisors added most to Wells Fargo in Q4 2017, an estimated $302M increase.
- Dimensional Fund Advisors's biggest Q4 2017 reduction was Citigroup, cutting an estimated $205M.
- Dimensional Fund Advisors fully exited Astoria Financial Corporation in Q4 2017, selling an estimated $184M.
- Dimensional Fund Advisors's ten largest holdings make up 9.4% of its $241B portfolio in Q4 2017.
- Dimensional Fund Advisors opened 75 new positions and closed 87 in Q4 2017.
- Dimensional Fund Advisors's portfolio value rose 5.4% quarter-over-quarter to $241B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2017, filed 12 Feb 2018.