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 | |
|---|---|---|---|---|---|---|
|
ESGR
1026
DELISTED
Enstar Group
ESGR
| $65.9M | 0.03% |
328,213
+5,550
| +2% | +$1.24M |
|
1027
Cars.com
CARS
$662M
| $65.9M | 0.03% |
2,284,366
-83,196
| -4% | -$2.15M |
|
1028
Polaris
PII
$3.82B
| $65.9M | 0.03% |
531,051
-5,801
| -1% | -$688K |
|
|
TVTY
1029
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $65.8M | 0.03% |
1,800,869
-138,295
| -7% | -$5.25M |
|
|
AIMC
1030
DELISTED
Altra Industrial Motion Corp
AIMC
| $65.8M | 0.03% |
1,305,252
+12,968
| +1% | +$620K |
|
1031
Travel + Leisure Co
TNL
$4.66B
| $65.7M | 0.03% |
1,256,020
-68,273
| -5% | -$3.39M |
|
1032
Aaon
AAON
$7.3B
| $65.7M | 0.03% |
2,685,065
+73,989
| +3% | +$1.74M |
|
1033
Installed Building Products
IBP
$6.01B
| $65.7M | 0.03% |
864,890
+12,371
| +1% | +$857K |
|
1034
Exponent
EXPO
$3.24B
| $65.7M | 0.03% |
1,847,532
-5,802
| -0.3% | -$213K |
|
|
MCHB
1035
Mechanics Bancorp
MCHB
$3.72B
| $65.6M | 0.03% |
2,265,273
+6,500
| +0.3% | +$189K |
|
1036
National Beverage
FIZZ
$2.96B
| $65.5M | 0.03% |
1,345,170
-133,752
| -9% | -$6.86M |
|
1037
Sun Life Financial
SLF
$46B
| $65.5M | 0.03% |
1,587,347
+644
| +0% | +$25.7K |
|
1038
Raymond James Financial
RJF
$33.8B
| $65.5M | 0.03% |
1,100,055
-927
| -0.1% | -$53.4K |
|
1039
RLI Corp
RLI
$5.62B
| $65.5M | 0.03% |
2,159,272
+11,722
| +0.5% | +$344K |
|
1040
Microchip Technology
MCHP
$40.3B
| $65.5M | 0.03% |
1,489,668
-12,820
| -0.9% | -$580K |
|
|
FL
1041
DELISTED
Foot Locker
FL
| $65.4M | 0.03% |
1,395,437
+66,083
| +5% | +$2.47M |
|
1042
Fabrinet
FN
$15.6B
| $65.3M | 0.03% |
2,274,942
+232,291
| +11% | +$7.69M |
|
|
MZTI
1043
The Marzetti Company
MZTI
$2.93B
| $65.3M | 0.03% |
505,229
+5,970
| +1% | +$753K |
|
1044
Axos Financial
AX
$5.77B
| $65.2M | 0.03% |
2,181,759
-16,769
| -0.8% | -$456K |
|
1045
SunCoke Energy
SXC
$720M
| $65.2M | 0.03% |
5,440,218
+164,574
| +3% | +$1.77M |
|
|
THS
1046
DELISTED
Treehouse Foods
THS
| $65.2M | 0.03% |
1,318,272
+447,516
| +51% | +$24M |
|
1047
Ziff Davis
ZD
$1.96B
| $65.1M | 0.03% |
997,610
+83,544
| +9% | +$5.44M |
|
1048
Mine Safety
MSA
$7.35B
| $65M | 0.03% |
838,978
-13,793
| -2% | -$1.1M |
|
|
ECHO
1049
DELISTED
Echo Global Logistics, Inc.
ECHO
| $65M | 0.03% |
2,322,295
+337,432
| +17% | +$8.09M |
|
|
IXYS
1050
DELISTED
IXYS Corp
IXYS
| $65M | 0.03% |
2,714,440
-6,956
| -0.3% | -$168K |
|
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.