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 | |
|---|---|---|---|---|---|---|
|
PPLI
976
People Inc
PPLI
$3.09B
| $68.1M | 0.03% |
3,115,271
-310,741
| -9% | -$6.96M |
|
977
OneMain Financial
OMF
$7.2B
| $68M | 0.03% |
2,617,732
+729,479
| +39% | +$20.2M |
|
|
MIC
978
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $67.9M | 0.03% |
1,058,018
+109,206
| +12% | +$7.4M |
|
979
Roper Technologies
ROP
$38.8B
| $67.9M | 0.03% |
262,087
-36,619
| -12% | -$9.4M |
|
|
ANAT
980
DELISTED
American National Group, Inc. Common Stock
ANAT
| $67.9M | 0.03% |
529,235
+11,905
| +2% | +$1.46M |
|
981
Avery Dennison
AVY
$13B
| $67.9M | 0.03% |
590,893
-6,502
| -1% | -$703K |
|
982
Blackbaud
BLKB
$1.94B
| $67.9M | 0.03% |
718,272
-61,873
| -8% | -$5.95M |
|
983
EPR Properties
EPR
$4.76B
| $67.7M | 0.03% |
1,034,811
+30,447
| +3% | +$2.08M |
|
984
Paychex
PAYX
$41.6B
| $67.7M | 0.03% |
994,430
+5,807
| +0.6% | +$381K |
|
985
Cintas
CTAS
$81.9B
| $67.6M | 0.03% |
1,736,192
+14,148
| +0.8% | +$538K |
|
986
Omnicom Group
OMC
$21.6B
| $67.6M | 0.03% |
927,904
+8,906
| +1% | +$639K |
|
987
Canadian Natural Resources
CNQ
$99.4B
| $67.6M | 0.03% |
3,863,176
+108,798
| +3% | +$1.83M |
|
988
Hormel Foods
HRL
$13.8B
| $67.6M | 0.03% |
1,856,596
+121,909
| +7% | +$4.1M |
|
989
Credit Acceptance
CACC
$5.95B
| $67.5M | 0.03% |
208,674
+17,467
| +9% | +$5.19M |
|
990
Edwards Lifesciences
EW
$49.6B
| $67.5M | 0.03% |
1,796,214
+15,675
| +0.9% | +$575K |
|
|
ALE
991
DELISTED
Allete
ALE
| $67.5M | 0.03% |
907,212
-47,158
| -5% | -$3.67M |
|
992
TriMas Corp
TRS
$1.43B
| $67.4M | 0.03% |
2,520,366
-27,135
| -1% | -$723K |
|
993
Teleflex
TFX
$6.05B
| $67.4M | 0.03% |
270,892
-22,559
| -8% | -$5.67M |
|
994
Exelon
EXC
$47.2B
| $67.4M | 0.03% |
2,396,739
+20,657
| +0.9% | +$594K |
|
995
Matthews International
MATW
$866M
| $67.4M | 0.03% |
1,275,732
+11,770
| +0.9% | +$687K |
|
|
MAXR
996
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $67.3M | 0.03% |
+1,045,646
| New | +$66.1M |
|
997
Diamondback Energy
FANG
$57.1B
| $67.2M | 0.03% |
532,649
+135,689
| +34% | +$14.7M |
|
|
VSTO
998
DELISTED
Vista Outdoor Inc.
VSTO
| $67.2M | 0.03% |
4,611,978
+447,329
| +11% | +$7.81M |
|
999
Avis
CAR
$4.86B
| $67.2M | 0.03% |
1,531,281
+24,646
| +2% | +$980K |
|
|
SNBR
1000
DELISTED
Sleep Number
SNBR
| $67.2M | 0.03% |
1,787,582
-287
| -0% | -$9.78K |
|
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.