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 | |
|---|---|---|---|---|---|---|
476
Colgate-Palmolive
CL
$73.1B
| $125M | 0.05% |
1,654,809
-21,478
| -1% | -$1.57M |
|
477
Progressive
PGR
$123B
| $125M | 0.05% |
2,215,951
-30,841
| -1% | -$1.6M |
|
|
BBT
478
Beacon Financial Corp
BBT
$2.66B
| $124M | 0.05% |
3,393,345
+177,384
| +6% | +$6.76M |
|
479
HUB Group
HUBG
$2.85B
| $124M | 0.05% |
5,173,606
+74,558
| +1% | +$1.64M |
|
480
SouthState Bank Corp
SSB
$10.2B
| $124M | 0.05% |
1,418,938
+402,146
| +40% | +$36.1M |
|
481
Autoliv
ALV
$9.02B
| $124M | 0.05% |
1,350,287
+148,843
| +12% | +$13.5M |
|
482
Benchmark Electronics
BHE
$2.87B
| $123M | 0.05% |
4,215,807
+21,872
| +0.5% | +$682K |
|
483
LivaNova
LIVN
$4.4B
| $123M | 0.05% |
1,534,543
+216,642
| +16% | +$17.2M |
|
484
M&T Bank
MTB
$35.7B
| $122M | 0.05% |
714,288
-32,497
| -4% | -$5.39M |
|
485
Entegris
ENTG
$18.1B
| $122M | 0.05% |
4,004,824
-197,344
| -5% | -$6.05M |
|
486
Oil States International
OIS
$488M
| $122M | 0.05% |
4,306,282
+160,530
| +4% | +$3.89M |
|
487
Caleres
CAL
$431M
| $121M | 0.05% |
3,627,936
+1,933
| +0.1% | +$58.7K |
|
|
NAVG
488
DELISTED
Navigators Group Inc
NAVG
| $121M | 0.05% |
2,493,051
+10,176
| +0.4% | +$543K |
|
489
Myriad Genetics
MYGN
$270M
| $121M | 0.05% |
3,531,884
-48,197
| -1% | -$1.63M |
|
|
ARRS
490
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $121M | 0.05% |
4,716,560
+387,121
| +9% | +$10.9M |
|
|
COHR
491
DELISTED
Coherent Inc
COHR
| $121M | 0.05% |
428,736
-296,946
| -41% | -$82.7M |
|
492
Integer Holdings
ITGR
$4.12B
| $121M | 0.05% |
2,669,301
+13,158
| +0.5% | +$641K |
|
493
Dollar General
DG
$28B
| $121M | 0.05% |
1,298,522
-42,866
| -3% | -$3.69M |
|
494
First Merchants
FRME
$2.68B
| $121M | 0.05% |
2,871,352
-145,085
| -5% | -$6.2M |
|
495
Westlake Corp
WLK
$9.03B
| $121M | 0.05% |
1,132,347
-25,915
| -2% | -$2.4M |
|
|
NBL
496
DELISTED
Noble Energy, Inc.
NBL
| $120M | 0.05% |
4,130,122
+74,919
| +2% | +$2.05M |
|
497
Baidu
BIDU
$37.7B
| $120M | 0.05% |
513,181
+19,115
| +4% | +$4.67M |
|
498
Suncor Energy
SU
$79.4B
| $120M | 0.05% |
3,272,444
+77,806
| +2% | +$2.7M |
|
499
Prosperity Bancshares
PB
$8.97B
| $120M | 0.05% |
1,713,358
+32,726
| +2% | +$2.19M |
|
500
Camden Property Trust
CPT
$11B
| $120M | 0.05% |
1,301,921
+47,281
| +4% | +$4.37M |
|
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.