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 | |
|---|---|---|---|---|---|---|
451
Macerich
MAC
$7.33B
| $129M | 0.05% |
1,966,621
-80,534
| -4% | -$4.93M |
|
452
Citizens Financial Group
CFG
$30.3B
| $129M | 0.05% |
3,067,496
-1,447
| -0% | -$56.6K |
|
453
AngloGold Ashanti
AU
$40.1B
| $129M | 0.05% |
12,627,614
-180,303
| -1% | -$1.74M |
|
|
SCHW
454
Charles Schwab
SCHW
$183B
| $129M | 0.05% |
2,501,671
+2,574
| +0.1% | +$121K |
|
|
MINI
455
DELISTED
Mobile Mini Inc
MINI
| $128M | 0.05% |
3,719,146
+22,357
| +0.6% | +$764K |
|
456
Interactive Brokers
IBKR
$39.2B
| $128M | 0.05% |
8,666,752
+219,412
| +3% | +$2.99M |
|
|
MRO
457
DELISTED
Marathon Oil Corporation
MRO
| $128M | 0.05% |
7,575,783
-409,491
| -5% | -$6.08M |
|
458
Emerson Electric
EMR
$83.9B
| $128M | 0.05% |
1,833,406
-16,429
| -0.9% | -$1.06M |
|
459
Group 1 Automotive
GPI
$3.42B
| $127M | 0.05% |
1,794,806
-3,378
| -0.2% | -$257K |
|
460
eBay
EBAY
$50.6B
| $127M | 0.05% |
3,370,687
+9,990
| +0.3% | +$371K |
|
|
ESV
461
DELISTED
Ensco Rowan plc
ESV
| $127M | 0.05% |
5,368,155
+2,184,173
| +69% | +$48.4M |
|
|
KRA
462
DELISTED
Kraton Corporation
KRA
| $126M | 0.05% |
2,625,070
-6,557
| -0.2% | -$304K |
|
463
BorgWarner
BWA
$13.1B
| $126M | 0.05% |
2,804,666
-15,764
| -0.6% | -$729K |
|
464
United Rentals
URI
$67.2B
| $126M | 0.05% |
733,237
-23,249
| -3% | -$3.54M |
|
465
Shinhan Financial Group
SHG
$32.8B
| $126M | 0.05% |
2,713,269
+16,754
| +0.6% | +$751K |
|
|
TIME
466
DELISTED
Time Inc.
TIME
| $126M | 0.05% |
6,815,552
+324,130
| +5% | +$4.85M |
|
467
Oceaneering
OII
$4.86B
| $126M | 0.05% |
5,941,287
+1,004,601
| +20% | +$21.4M |
|
|
AAWW
468
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $126M | 0.05% |
2,141,406
+26,474
| +1% | +$1.58M |
|
469
NOV
NOV
$6.93B
| $126M | 0.05% |
3,486,890
-193,654
| -5% | -$6.55M |
|
470
TJX Companies
TJX
$174B
| $125M | 0.05% |
3,282,378
+12,398
| +0.4% | +$450K |
|
471
Renasant Corp
RNST
$3.98B
| $125M | 0.05% |
3,068,269
+50,628
| +2% | +$2.11M |
|
472
AXIS Capital
AXS
$7.68B
| $125M | 0.05% |
2,492,965
-81,811
| -3% | -$4.36M |
|
473
Nexstar Media Group
NXST
$5.82B
| $125M | 0.05% |
1,598,610
+47,470
| +3% | +$3.19M |
|
474
Toyota
TM
$224B
| $125M | 0.05% |
982,617
+43,494
| +5% | +$5.42M |
|
|
GWR
475
DELISTED
Genesee & Wyoming Inc.
GWR
| $125M | 0.05% |
1,586,667
+1,636
| +0.1% | +$122K |
|
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.