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 | |
|---|---|---|---|---|---|---|
776
Rockwell Automation
ROK
$53.4B
| $81.9M | 0.03% |
417,143
-23,097
| -5% | -$4.4M |
|
777
Materion
MTRN
$4.39B
| $81.9M | 0.03% |
1,685,187
+999
| +0.1% | +$47.5K |
|
778
Methode Electronics
MEI
$496M
| $81.8M | 0.03% |
2,039,219
+8,129
| +0.4% | +$362K |
|
779
Worthington Enterprises
WOR
$2.75B
| $81.8M | 0.03% |
3,010,077
+315,351
| +12% | +$8.42M |
|
|
USG
780
DELISTED
Usg
USG
| $81.4M | 0.03% |
2,111,519
+27,472
| +1% | +$965K |
|
781
Omega Healthcare
OHI
$15.1B
| $81.4M | 0.03% |
2,956,341
+134,542
| +5% | +$3.88M |
|
|
CCMP
782
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $81.2M | 0.03% |
863,308
-33,844
| -4% | -$3.12M |
|
|
SPR
783
DELISTED
Spirit AeroSystems
SPR
| $81.2M | 0.03% |
930,478
+7,100
| +0.8% | +$583K |
|
784
Halliburton
HAL
$26.9B
| $81.1M | 0.03% |
1,659,375
-9,072
| -0.5% | -$400K |
|
|
ACC
785
DELISTED
American Campus Communities, Inc.
ACC
| $81M | 0.03% |
1,973,583
+70,850
| +4% | +$3.03M |
|
|
WBT
786
DELISTED
Welbilt, Inc.
WBT
| $80.8M | 0.03% |
3,438,542
-154,265
| -4% | -$3.4M |
|
|
GNCMA
787
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $80.8M | 0.03% |
2,070,302
-8,635
| -0.4% | -$352K |
|
788
LPL Financial
LPLA
$28.3B
| $80.7M | 0.03% |
1,412,134
-47,179
| -3% | -$2.48M |
|
|
BIG
789
DELISTED
Big Lots, Inc.
BIG
| $80.7M | 0.03% |
1,436,516
-22,324
| -2% | -$1.21M |
|
790
Kelly Services Class A
KELYA
$514M
| $80.6M | 0.03% |
2,956,935
+11,541
| +0.4% | +$319K |
|
791
CubeSmart
CUBE
$9.39B
| $80.5M | 0.03% |
2,784,772
+122,937
| +5% | +$3.43M |
|
792
Applied Industrial Technologies
AIT
$12.8B
| $80.5M | 0.03% |
1,182,567
+4,535
| +0.4% | +$289K |
|
|
HF
793
DELISTED
HFF Inc.
HF
| $80.4M | 0.03% |
1,652,095
+69,327
| +4% | +$3.06M |
|
794
Sinclair Inc
SBGI
$992M
| $80.2M | 0.03% |
2,119,091
+40,529
| +2% | +$1.34M |
|
795
Nu Skin
NUS
$252M
| $80.2M | 0.03% |
1,175,447
+49,822
| +4% | +$3.22M |
|
796
Steven Madden
SHOO
$3.37B
| $80.2M | 0.03% |
2,575,883
+38,376
| +2% | +$1.08M |
|
|
WGL
797
DELISTED
Wgl Holdings
WGL
| $80.1M | 0.03% |
932,656
+2,196
| +0.2% | +$187K |
|
798
ArcelorMittal
MT
$52.9B
| $80.1M | 0.03% |
2,477,726
+136,428
| +6% | +$4.04M |
|
799
AeroVironment
AVAV
$7.56B
| $80M | 0.03% |
1,424,368
-36,458
| -2% | -$1.86M |
|
800
Baxter International
BAX
$13.5B
| $79.9M | 0.03% |
1,236,272
-117,588
| -9% | -$7.55M |
|
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.