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 | |
|---|---|---|---|---|---|---|
2901
Norwood Financial Corp
NWFL
$370M
| $1.58M | ﹤0.01% |
47,945
-757
| -2% | -$23K |
|
|
HBMD
2902
DELISTED
Howard Bancorp, Inc. Common Stock
HBMD
| $1.57M | ﹤0.01% |
71,407
+17,182
| +32% | +$367K |
|
2903
Tenaris
TS
$27B
| $1.57M | ﹤0.01% |
49,175
| – | – |
|
2904
Orrstown Financial Services
ORRF
$845M
| $1.55M | ﹤0.01% |
61,586
+20,476
| +50% | +$518K |
|
|
WTT
2905
DELISTED
Wireless Telecom Group, Inc.
WTT
| $1.55M | ﹤0.01% |
638,524
+39,668
| +7% | +$77.9K |
|
2906
Assembly Biosciences
ASMB
$524M
| $1.55M | ﹤0.01% |
2,848
-108
| -4% | -$48.9K |
|
2907
IRIDEX
IRIX
$14.6M
| $1.53M | ﹤0.01% |
201,395
+4,134
| +2% | +$35.4K |
|
2908
SB Financial Group
SBFG
$169M
| $1.53M | ﹤0.01% |
86,660
+7,245
| +9% | +$120K |
|
|
CALA
2909
DELISTED
Calithera Biosciences, Inc
CALA
| $1.52M | ﹤0.01% |
+9,118
| New | +$2.33M |
|
|
SBOW
2910
DELISTED
SilverBow Resources, Inc.
SBOW
| $1.51M | ﹤0.01% |
50,833
+34,789
| +217% | +$813K |
|
|
TRVN
2911
DELISTED
Trevena, Inc.
TRVN
| $1.51M | ﹤0.01% |
1,511
-58
| -4% | -$63.1K |
|
|
ITI
2912
DELISTED
Iteris, Inc.
ITI
| $1.51M | ﹤0.01% |
216,230
-37,345
| -15% | -$253K |
|
|
MN
2913
DELISTED
MANNING & NAPIER, INC.
MN
| $1.5M | ﹤0.01% |
416,981
+50,170
| +14% | +$189K |
|
|
SMMF
2914
DELISTED
Summit Financial Group, Inc.
SMMF
| $1.49M | ﹤0.01% |
56,680
+21,102
| +59% | +$565K |
|
2915
Kodak
KODK
$925M
| $1.49M | ﹤0.01% |
480,126
+78,367
| +20% | +$362K |
|
2916
Union Bankshares
UNB
$109M
| $1.48M | ﹤0.01% |
27,999
-384
| -1% | -$19.3K |
|
|
EPE
2917
DELISTED
EP Energy Corporation
EPE
| $1.47M | ﹤0.01% |
621,871
-17,058
| -3% | -$40.8K |
|
2918
FS Bancorp
FSBW
$321M
| $1.46M | ﹤0.01% |
53,606
+23,534
| +78% | +$647K |
|
|
FENG
2919
Phoenix New Media
FENG
$17.8M
| $1.45M | ﹤0.01% |
37,227
+4,577
| +14% | +$170K |
|
|
DVD
2920
DELISTED
Dover Motorsports
DVD
| $1.45M | ﹤0.01% |
741,568
-9,708
| -1% | -$19.5K |
|
|
GVP
2921
DELISTED
GSE Systems, Inc.
GVP
| $1.44M | ﹤0.01% |
44,343
| – | – |
|
2922
Evertec
EVTC
$1.85B
| $1.44M | ﹤0.01% |
+105,368
| New | +$1.49M |
|
|
SN
2923
DELISTED
Sanchez Energy Corporation
SN
| $1.44M | ﹤0.01% |
270,696
| – | – |
|
|
ACIA
2924
DELISTED
Acacia Communications Inc
ACIA
| $1.43M | ﹤0.01% |
39,425
| – | – |
|
|
EEI
2925
DELISTED
Ecology and Environment
EEI
| $1.42M | ﹤0.01% |
135,333
| – | – |
|
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.