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 | |
|---|---|---|---|---|---|---|
|
GTLS
526
DELISTED
Chart Industries
GTLS
| $114M | 0.05% |
2,437,811
+6,631
| +0.3% | +$296K |
|
|
VER
527
DELISTED
VEREIT, Inc.
VER
| $114M | 0.05% |
2,924,683
+136,251
| +5% | +$5.46M |
|
|
SYKE
528
DELISTED
SYKES Enterprises Inc
SYKE
| $114M | 0.05% |
3,618,976
+16,505
| +0.5% | +$498K |
|
529
W.R. Berkley
WRB
$26.9B
| $114M | 0.05% |
5,360,418
-252,298
| -4% | -$5.16M |
|
|
KS
530
DELISTED
KapStone Paper and Pack Corp.
KS
| $113M | 0.05% |
4,999,001
+124,236
| +3% | +$2.74M |
|
531
Flex
FLEX
$41.7B
| $113M | 0.05% |
8,365,782
+10,074
| +0.1% | +$136K |
|
532
Scholastic
SCHL
$767M
| $113M | 0.05% |
2,818,908
+12,748
| +0.5% | +$495K |
|
533
S&P Global
SPGI
$121B
| $113M | 0.05% |
665,722
+6,577
| +1% | +$1.07M |
|
534
Acco Brands
ACCO
$389M
| $113M | 0.05% |
9,229,911
+23,651
| +0.3% | +$304K |
|
535
Children's Place
PLCE
$54.3M
| $113M | 0.05% |
774,268
-44,648
| -5% | -$5.44M |
|
|
FNSR
536
DELISTED
Finisar Corp
FNSR
| $112M | 0.05% |
5,525,235
+692,284
| +14% | +$14.4M |
|
537
Ameriprise Financial
AMP
$48.3B
| $112M | 0.05% |
662,510
-127,389
| -16% | -$20.4M |
|
538
Lithia Motors
LAD
$8.47B
| $112M | 0.05% |
987,728
+9,979
| +1% | +$1.16M |
|
539
H.B. Fuller
FUL
$2.97B
| $112M | 0.05% |
2,078,740
+46,014
| +2% | +$2.56M |
|
540
Universal Corp
UVV
$1.31B
| $112M | 0.05% |
2,128,493
+18,054
| +0.9% | +$1M |
|
|
PX
541
DELISTED
Praxair Inc
PX
| $112M | 0.05% |
721,828
+303
| +0% | +$45K |
|
|
ISBC
542
DELISTED
Investors Bancorp, Inc.
ISBC
| $112M | 0.05% |
8,040,248
+18,536
| +0.2% | +$257K |
|
543
United Bankshares
UBSI
$6.63B
| $112M | 0.05% |
3,211,104
+276,356
| +9% | +$9.97M |
|
544
Everest Group
EG
$14.5B
| $111M | 0.05% |
502,756
-67,832
| -12% | -$15.3M |
|
545
Employers Holdings
EIG
$922M
| $111M | 0.05% |
2,505,183
+35,218
| +1% | +$1.66M |
|
546
LG Display
LPL
$3B
| $111M | 0.05% |
8,075,201
-34,297
| -0.4% | -$462K |
|
547
Williams Companies
WMB
$87.5B
| $111M | 0.05% |
3,631,421
+979,842
| +37% | +$28.5M |
|
548
First Commonwealth Financial
FCF
$2.18B
| $111M | 0.05% |
7,728,240
+195,771
| +3% | +$2.83M |
|
|
BBBY
549
DELISTED
Bed Bath & Beyond Inc
BBBY
| $111M | 0.05% |
5,027,590
+1,603,482
| +47% | +$34.8M |
|
550
Greif
GEF
$4.92B
| $111M | 0.05% |
1,824,383
+5,901
| +0.3% | +$336K |
|
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.