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 | |
|---|---|---|---|---|---|---|
|
CUB
601
DELISTED
Cubic Corporation
CUB
| $102M | 0.04% |
1,733,704
-50,225
| -3% | -$2.83M |
|
602
W.P. Carey
WPC
$16.8B
| $102M | 0.04% |
1,513,268
+44,495
| +3% | +$3.04M |
|
603
Winnebago Industries
WGO
$856M
| $102M | 0.04% |
1,836,098
-28,207
| -2% | -$1.42M |
|
604
Sun Communities
SUI
$15.2B
| $102M | 0.04% |
1,099,079
+79,811
| +8% | +$7.32M |
|
605
Safety Insurance
SAFT
$1.52B
| $102M | 0.04% |
1,267,883
-5,513
| -0.4% | -$446K |
|
606
Deutsche Bank
DB
$69B
| $102M | 0.04% |
5,354,088
-41,908
| -0.8% | -$756K |
|
607
Transocean
RIG
$5.89B
| $102M | 0.04% |
9,533,690
-3,195,674
| -25% | -$33.2M |
|
608
World Kinect Corp
WKC
$2.04B
| $102M | 0.04% |
3,618,224
+665,618
| +23% | +$20.1M |
|
609
EnerSys
ENS
$6.78B
| $102M | 0.04% |
1,461,648
+19,515
| +1% | +$1.34M |
|
610
Cooper-Standard Automotive
CPS
$523M
| $102M | 0.04% |
829,192
-13,025
| -2% | -$1.53M |
|
|
BRKL
611
DELISTED
Brookline Bancorp
BRKL
| $101M | 0.04% |
6,463,010
+146,662
| +2% | +$2.29M |
|
612
Royal Bank of Canada
RY
$291B
| $101M | 0.04% |
1,240,813
+14,427
| +1% | +$1.14M |
|
|
AIV
613
Aimco
AIV
$387M
| $101M | 0.04% |
17,390,480
+253,820
| +1% | +$1.49M |
|
|
SC
614
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $101M | 0.04% |
5,436,255
+944,524
| +21% | +$15.8M |
|
615
Dycom Industries
DY
$12B
| $101M | 0.04% |
907,325
-21,234
| -2% | -$2.05M |
|
616
The Greenbrier Companies
GBX
$1.52B
| $101M | 0.04% |
1,896,373
-7,746
| -0.4% | -$389K |
|
|
ENIA
617
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $101M | 0.04% |
9,049,835
-7,607
| -0.1% | -$79.2K |
|
|
GPOR
618
DELISTED
Gulfport Energy Corp.
GPOR
| $101M | 0.04% |
7,920,623
+2,779,019
| +54% | +$37M |
|
619
Dillards
DDS
$9.19B
| $101M | 0.04% |
1,682,433
-12,189
| -0.7% | -$676K |
|
620
Minerals Technologies
MTX
$2.36B
| $101M | 0.04% |
1,463,307
+14,927
| +1% | +$1.06M |
|
621
Kroger
KR
$35.4B
| $101M | 0.04% |
3,669,104
+22,327
| +0.6% | +$520K |
|
622
Clean Harbors
CLH
$16.5B
| $101M | 0.04% |
1,855,446
-47,818
| -3% | -$2.59M |
|
|
SRCI
623
DELISTED
SRC Energy Inc
SRCI
| $101M | 0.04% |
11,786,877
+1,127,145
| +11% | +$9.94M |
|
624
Abercrombie & Fitch
ANF
$4.42B
| $100M | 0.04% |
5,749,416
+720,207
| +14% | +$10.9M |
|
|
CMD
625
DELISTED
Cantel Medical Corporation
CMD
| $100M | 0.04% |
971,827
-5,608
| -0.6% | -$559K |
|
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.