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 | |
|---|---|---|---|---|---|---|
1101
Inogen
INGN
$175M
| $62M | 0.03% |
520,558
+3,536
| +0.7% | +$389K |
|
1102
Willis Towers Watson
WTW
$31.2B
| $62M | 0.03% |
411,120
-57,020
| -12% | -$9.01M |
|
|
AMED
1103
DELISTED
Amedisys
AMED
| $61.9M | 0.03% |
1,174,806
-9,618
| -0.8% | -$507K |
|
|
NTUS
1104
DELISTED
Natus Medical Inc
NTUS
| $61.9M | 0.03% |
1,619,337
+14,461
| +0.9% | +$577K |
|
|
VGR
1105
DELISTED
Vector Group Ltd.
VGR
| $61.8M | 0.03% |
4,289,785
+176,285
| +4% | +$2.45M |
|
1106
MBIA
MBI
$261M
| $61.8M | 0.03% |
8,436,014
-2,474,680
| -23% | -$19.2M |
|
|
TBI
1107
Trueblue
TBI
$215M
| $61.7M | 0.03% |
2,243,993
+24,193
| +1% | +$642K |
|
1108
Bank OZK
OZK
$5.6B
| $61.6M | 0.03% |
1,271,845
+241,609
| +23% | +$11.2M |
|
1109
Primoris Services
PRIM
$4.58B
| $61.6M | 0.03% |
2,266,143
+25,070
| +1% | +$697K |
|
|
LSI
1110
DELISTED
Life Storage, Inc.
LSI
| $61.6M | 0.03% |
1,037,546
+35,217
| +4% | +$2.02M |
|
1111
CRH
CRH
$63.2B
| $61.6M | 0.03% |
1,706,380
-11,138
| -0.6% | -$399K |
|
1112
Red Robin
RRGB
$145M
| $61.5M | 0.03% |
1,090,245
+5,651
| +0.5% | +$325K |
|
1113
ATN International
ATNI
$366M
| $61.5M | 0.03% |
1,112,704
+74,331
| +7% | +$4.07M |
|
1114
Interface
TILE
$1.99B
| $61.5M | 0.03% |
2,444,824
-3,876
| -0.2% | -$90.8K |
|
1115
Mercer International
MERC
$42.3M
| $61.4M | 0.03% |
4,297,061
+150,425
| +4% | +$2.06M |
|
|
AMTD
1116
DELISTED
TD Ameritrade Holding Corp
AMTD
| $61.3M | 0.03% |
1,199,120
-40,125
| -3% | -$2.01M |
|
1117
Coeur Mining
CDE
$15.4B
| $61.3M | 0.03% |
8,167,197
+2,138,087
| +35% | +$16.8M |
|
1118
Teradyne
TER
$57.6B
| $61.2M | 0.03% |
1,460,478
-275,646
| -16% | -$11.4M |
|
|
AFAM
1119
DELISTED
Almost Family Inc
AFAM
| $61.1M | 0.03% |
1,104,167
+48,775
| +5% | +$2.6M |
|
|
XLNX
1120
DELISTED
Xilinx Inc
XLNX
| $61M | 0.03% |
905,300
-59,447
| -6% | -$4.22M |
|
1121
Pegasystems
PEGA
$5.02B
| $61M | 0.03% |
2,589,176
-168,648
| -6% | -$4.53M |
|
1122
Bread Financial
BFH
$4.37B
| $61M | 0.03% |
301,633
+2,405
| +0.8% | +$446K |
|
1123
Bloomin' Brands
BLMN
$741M
| $61M | 0.03% |
2,856,326
-103,739
| -4% | -$1.99M |
|
1124
Yum! Brands
YUM
$41.8B
| $60.8M | 0.03% |
745,220
-17,483
| -2% | -$1.38M |
|
|
PPBI
1125
DELISTED
Pacific Premier Bancorp
PPBI
| $60.8M | 0.03% |
1,519,597
+139,032
| +10% | +$5.47M |
|
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.