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 | |
|---|---|---|---|---|---|---|
751
ITT
ITT
$17.5B
| $84.9M | 0.04% |
1,590,384
-133,852
| -8% | -$6.72M |
|
|
FCE.A
752
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $84.7M | 0.04% |
3,513,660
+107,677
| +3% | +$2.67M |
|
753
ePlus
PLUS
$2.42B
| $84.6M | 0.04% |
2,250,376
-28,494
| -1% | -$1.2M |
|
754
AMN Healthcare
AMN
$1.3B
| $84.6M | 0.04% |
1,717,320
-10,949
| -0.6% | -$499K |
|
755
Stewart Information Services
STC
$2.06B
| $84.6M | 0.04% |
1,999,295
+32,823
| +2% | +$1.3M |
|
756
Healthcare Realty
HR
$7.28B
| $84.5M | 0.04% |
2,812,947
+379,925
| +16% | +$11.5M |
|
757
Texas Roadhouse
TXRH
$13.5B
| $84.3M | 0.04% |
1,600,464
-65,766
| -4% | -$3.32M |
|
|
DCT
758
DELISTED
DCT Industrial Trust Inc.
DCT
| $84.2M | 0.03% |
1,431,664
+72,255
| +5% | +$4.28M |
|
759
Mitsubishi UFJ Financial
MUFG
$253B
| $84.1M | 0.03% |
11,570,919
-439,841
| -4% | -$3M |
|
760
Southern Company
SO
$109B
| $83.7M | 0.03% |
1,741,233
+10,519
| +0.6% | +$536K |
|
|
SPTN
761
DELISTED
SpartanNash
SPTN
| $83.7M | 0.03% |
3,136,571
-24,558
| -0.8% | -$611K |
|
762
ICF International
ICFI
$1.46B
| $83.1M | 0.03% |
1,582,027
-2,317
| -0.1% | -$125K |
|
763
UMB Financial
UMBF
$11.1B
| $82.9M | 0.03% |
1,152,942
+51,879
| +5% | +$3.81M |
|
764
Stepan Co
SCL
$1.46B
| $82.9M | 0.03% |
1,049,264
+10,202
| +1% | +$838K |
|
|
BPFH
765
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $82.8M | 0.03% |
5,360,057
+44,999
| +0.8% | +$718K |
|
|
HPP
766
Hudson Pacific Properties
HPP
$747M
| $82.8M | 0.03% |
345,197
+23,242
| +7% | +$5.59M |
|
|
CMA
767
DELISTED
Comerica
CMA
| $82.7M | 0.03% |
952,369
-43,754
| -4% | -$3.52M |
|
|
HOUS
768
DELISTED
Anywhere Real Estate
HOUS
| $82.7M | 0.03% |
3,119,001
+916,447
| +42% | +$26.6M |
|
769
Qorvo
QRVO
$7.99B
| $82.6M | 0.03% |
1,240,205
+22,449
| +2% | +$1.64M |
|
|
KAMN
770
DELISTED
Kaman Corp
KAMN
| $82.6M | 0.03% |
1,403,633
-230
| -0% | -$13.1K |
|
|
TGI
771
DELISTED
Triumph Group
TGI
| $82.6M | 0.03% |
3,035,035
+160,389
| +6% | +$4.81M |
|
|
SNV
772
DELISTED
Synovus
SNV
| $82.5M | 0.03% |
1,721,723
-19,885
| -1% | -$942K |
|
773
Dick's Sporting Goods
DKS
$17.5B
| $82.5M | 0.03% |
2,872,113
+1,155,048
| +67% | +$31.9M |
|
774
Align Technology
ALGN
$12.1B
| $82.1M | 0.03% |
369,490
-12,032
| -3% | -$2.73M |
|
775
Modine Manufacturing
MOD
$10.7B
| $82M | 0.03% |
4,059,387
+61,478
| +2% | +$1.32M |
|
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.