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 | |
|---|---|---|---|---|---|---|
|
WRI
1151
DELISTED
Weingarten Realty Investors
WRI
| $59.3M | 0.02% |
1,804,689
+40,232
| +2% | +$1.3M |
|
1152
Agilent Technologies
A
$39.1B
| $59.3M | 0.02% |
885,686
-244,716
| -22% | -$16.5M |
|
1153
ING
ING
$99.8B
| $59.3M | 0.02% |
3,213,298
-211,658
| -6% | -$3.88M |
|
|
BMS
1154
DELISTED
Bemis
BMS
| $59.3M | 0.02% |
1,239,912
+38,136
| +3% | +$1.76M |
|
1155
Heartland Express
HTLD
$948M
| $59.2M | 0.02% |
2,538,120
-61
| -0% | -$1.38K |
|
1156
Green Plains
GPRE
$1.18B
| $59.2M | 0.02% |
3,514,344
+10,475
| +0.3% | +$184K |
|
1157
Voya Financial
VOYA
$9.01B
| $59.2M | 0.02% |
1,196,649
+12,941
| +1% | +$556K |
|
1158
Apple Hospitality REIT
APLE
$3.9B
| $59.2M | 0.02% |
3,017,090
+75,170
| +3% | +$1.45M |
|
1159
PC Connection
CNXN
$2.11B
| $59.2M | 0.02% |
2,257,200
+13,477
| +0.6% | +$365K |
|
1160
Oxford Industries
OXM
$566M
| $59.1M | 0.02% |
786,371
-1,027
| -0.1% | -$68.6K |
|
1161
CDW
CDW
$18.9B
| $59.1M | 0.02% |
850,502
-21,909
| -3% | -$1.51M |
|
1162
Williams-Sonoma
WSM
$26.9B
| $59M | 0.02% |
2,282,402
-77,962
| -3% | -$1.99M |
|
1163
RLJ Lodging Trust
RLJ
$1.86B
| $59M | 0.02% |
2,684,698
+76,529
| +3% | +$1.66M |
|
1164
Live Nation Entertainment
LYV
$40.6B
| $59M | 0.02% |
1,385,243
-53,416
| -4% | -$2.32M |
|
1165
Sprouts Farmers Market
SFM
$8.13B
| $59M | 0.02% |
2,420,916
+411,515
| +20% | +$8.72M |
|
|
BCPC
1166
Balchem Corp
BCPC
$5.38B
| $58.9M | 0.02% |
730,932
+3,877
| +0.5% | +$323K |
|
|
GPT
1167
DELISTED
Gramercy Property Trust
GPT
| $58.9M | 0.02% |
2,208,122
+132,590
| +6% | +$3.85M |
|
1168
Charles River Laboratories
CRL
$11.2B
| $58.9M | 0.02% |
537,745
+757
| +0.1% | +$82.4K |
|
1169
Pricesmart
PSMT
$5.98B
| $58.8M | 0.02% |
682,559
+28,501
| +4% | +$2.43M |
|
1170
Ethan Allen Interiors
ETD
$570M
| $58.8M | 0.02% |
2,054,604
+141,410
| +7% | +$4.15M |
|
1171
MGP Ingredients
MGPI
$379M
| $58.8M | 0.02% |
764,253
-3,539
| -0.5% | -$249K |
|
1172
Oneok
OKE
$57.2B
| $58.7M | 0.02% |
1,099,011
-23,582
| -2% | -$1.26M |
|
1173
Adtran
ADTN
$689M
| $58.6M | 0.02% |
3,027,170
+41,205
| +1% | +$915K |
|
|
HTLF
1174
DELISTED
Heartland Financial USA, Inc.
HTLF
| $58.6M | 0.02% |
1,091,805
+29,639
| +3% | +$1.5M |
|
|
NTRI
1175
DELISTED
NutriSystem, Inc.
NTRI
| $58.5M | 0.02% |
1,112,039
-10,356
| -0.9% | -$544K |
|
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.