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 | |
|---|---|---|---|---|---|---|
|
BBL
901
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $72.7M | 0.03% |
1,804,637
-50,064
| -3% | -$1.86M |
|
902
CBRE Group
CBRE
$42.5B
| $72.6M | 0.03% |
1,675,366
+17,116
| +1% | +$709K |
|
903
Knowles
KN
$3.13B
| $72.5M | 0.03% |
4,944,129
+600,180
| +14% | +$9.38M |
|
904
Nasdaq
NDAQ
$52.7B
| $72.3M | 0.03% |
2,823,954
+15,279
| +0.5% | +$386K |
|
|
SASR
905
DELISTED
Sandy Spring Bancorp Inc
SASR
| $72.3M | 0.03% |
1,852,353
+29,608
| +2% | +$1.19M |
|
906
Standard Motor Products
SMP
$851M
| $72.2M | 0.03% |
1,606,634
+4,028
| +0.3% | +$181K |
|
907
Forward Air
FWRD
$444M
| $72.1M | 0.03% |
1,255,425
+41,226
| +3% | +$2.36M |
|
908
Diageo
DEO
$49B
| $72.1M | 0.03% |
493,513
+6,965
| +1% | +$960K |
|
|
DYN
909
DELISTED
Dynegy, Inc.
DYN
| $72M | 0.03% |
6,076,609
+19,019
| +0.3% | +$212K |
|
910
M/I Homes
MHO
$3.74B
| $72M | 0.03% |
2,092,992
| – | – |
|
911
RBC Bearings
RBC
$17.4B
| $71.9M | 0.03% |
569,111
-12,424
| -2% | -$1.56M |
|
912
Globus Medical
GMED
$10.7B
| $71.9M | 0.03% |
1,748,821
-94,519
| -5% | -$3.31M |
|
|
CCC
913
DELISTED
Calgon Carbon Corp
CCC
| $71.7M | 0.03% |
3,367,237
| – | – |
|
|
TIF
914
DELISTED
Tiffany & Co.
TIF
| $71.7M | 0.03% |
689,750
+5,036
| +0.7% | +$480K |
|
|
CONE
915
DELISTED
CyrusOne Inc Common Stock
CONE
| $71.7M | 0.03% |
1,203,986
+84,919
| +8% | +$5.15M |
|
|
MSFG
916
DELISTED
MainSource Financial Group Inc
MSFG
| $71.6M | 0.03% |
1,972,759
-2,691
| -0.1% | -$101K |
|
917
Integra LifeSciences
IART
$1.29B
| $71.6M | 0.03% |
1,495,469
+9,396
| +0.6% | +$460K |
|
918
Clorox
CLX
$11.6B
| $71.4M | 0.03% |
480,343
+6,820
| +1% | +$928K |
|
|
BID
919
DELISTED
Sotheby's
BID
| $71.4M | 0.03% |
1,384,392
-14,130
| -1% | -$705K |
|
920
CBIZ
CBZ
$2.99B
| $71.4M | 0.03% |
4,621,553
+14,321
| +0.3% | +$225K |
|
921
Tapestry
TPR
$30.8B
| $71.4M | 0.03% |
1,613,700
-45,629
| -3% | -$1.88M |
|
922
NVR
NVR
$16.5B
| $71.4M | 0.03% |
20,344
-215
| -1% | -$700K |
|
|
AJRD
923
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $71.3M | 0.03% |
2,285,999
+67,009
| +3% | +$2.12M |
|
924
Sonoco
SON
$5.57B
| $71.3M | 0.03% |
1,340,830
+61,522
| +5% | +$3.22M |
|
925
California Water Service
CWT
$3.1B
| $71.2M | 0.03% |
1,570,680
-54,765
| -3% | -$2.36M |
|
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.