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 | |
|---|---|---|---|---|---|---|
1001
Credicorp
BAP
$31.8B
| $67.2M | 0.03% |
323,848
+5,742
| +2% | +$1.19M |
|
1002
Xylem
XYL
$27.3B
| $67.1M | 0.03% |
984,115
+15,460
| +2% | +$1.03M |
|
|
NWLI
1003
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $67.1M | 0.03% |
202,726
+4,521
| +2% | +$1.58M |
|
1004
Valvoline
VVV
$4.9B
| $67.1M | 0.03% |
2,676,469
-84,303
| -3% | -$2.04M |
|
1005
Cardinal Health
CAH
$53.9B
| $67.1M | 0.03% |
1,094,216
+115,001
| +12% | +$7.11M |
|
1006
FerroAtlántica
GSM
$594M
| $67.1M | 0.03% |
4,139,267
-110,184
| -3% | -$1.71M |
|
|
OPLN
1007
Openlane
OPLN
$4.21B
| $67M | 0.03% |
3,505,873
-28,669
| -0.8% | -$531K |
|
|
CVA
1008
DELISTED
Covanta Holding Corporation
CVA
| $67M | 0.03% |
3,965,272
-91,881
| -2% | -$1.42M |
|
|
EXPR
1009
DELISTED
Express, Inc.
EXPR
| $66.9M | 0.03% |
329,783
+63,380
| +24% | +$10.4M |
|
1010
ACI Worldwide
ACIW
$5.83B
| $66.9M | 0.03% |
2,952,604
+76,776
| +3% | +$1.78M |
|
1011
Allegiant Air
ALGT
$2.64B
| $66.9M | 0.03% |
432,472
+18,816
| +5% | +$2.66M |
|
|
UBNK
1012
DELISTED
United Financial Bancorp, Inc.
UBNK
| $66.9M | 0.03% |
3,792,486
+150,223
| +4% | +$2.73M |
|
1013
J&J Snack Foods
JJSF
$1.43B
| $66.8M | 0.03% |
440,129
-131
| -0% | -$18.4K |
|
1014
Snap-on
SNA
$21.2B
| $66.8M | 0.03% |
383,266
+15,471
| +4% | +$2.5M |
|
1015
Brady Corp
BRC
$4.44B
| $66.8M | 0.03% |
1,762,035
+9,001
| +0.5% | +$346K |
|
|
STOR
1016
DELISTED
STORE Capital Corporation
STOR
| $66.7M | 0.03% |
2,561,482
+124,713
| +5% | +$3.19M |
|
|
HEES
1017
DELISTED
H&E Equipment Services
HEES
| $66.7M | 0.03% |
1,640,154
-14,469
| -0.9% | -$495K |
|
|
TSE
1018
DELISTED
Trinseo
TSE
| $66.6M | 0.03% |
917,758
+30,884
| +3% | +$2.2M |
|
|
SLCA
1019
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $66.5M | 0.03% |
2,041,482
+605,777
| +42% | +$19.3M |
|
1020
MillerKnoll
MLKN
$1.53B
| $66.3M | 0.03% |
1,656,221
+52,407
| +3% | +$1.84M |
|
|
FLOW
1021
DELISTED
SPX FLOW, Inc.
FLOW
| $66.1M | 0.03% |
1,390,811
-7,826
| -0.6% | -$337K |
|
|
SYNH
1022
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $66.1M | 0.03% |
1,516,662
+287,531
| +23% | +$13.4M |
|
|
CBM
1023
DELISTED
Cambrex Corporation
CBM
| $66.1M | 0.03% |
1,377,411
+33,943
| +3% | +$1.68M |
|
1024
Aramark
ARMK
$15B
| $66M | 0.03% |
2,138,074
+44,266
| +2% | +$1.35M |
|
1025
Western Alliance Bancorporation
WAL
$8.79B
| $65.9M | 0.03% |
1,163,960
-121,293
| -9% | -$6.76M |
|
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.