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 | |
|---|---|---|---|---|---|---|
|
DO
1201
DELISTED
Diamond Offshore Drilling
DO
| $57.2M | 0.02% |
3,079,307
-6,284
| -0.2% | -$102K |
|
1202
Wabtec
WAB
$49.1B
| $57.1M | 0.02% |
700,947
+77,160
| +12% | +$5.9M |
|
1203
Kosmos Energy
KOS
$1.6B
| $57M | 0.02% |
8,325,526
+237,507
| +3% | +$1.81M |
|
|
ARII
1204
DELISTED
American Railcar Industries, Inc.
ARII
| $57M | 0.02% |
1,368,379
-706
| -0.1% | -$27.8K |
|
|
EQC
1205
DELISTED
Equity Commonwealth
EQC
| $57M | 0.02% |
1,867,330
+43,362
| +2% | +$1.31M |
|
|
HR
1206
DELISTED
Healthcare Realty Trust Incorporated
HR
| $56.9M | 0.02% |
1,771,736
+89,714
| +5% | +$2.91M |
|
|
EFII
1207
DELISTED
Electronics for Imaging
EFII
| $56.9M | 0.02% |
1,926,763
-658
| -0% | -$22K |
|
1208
Hexcel
HXL
$7.79B
| $56.9M | 0.02% |
919,805
+7,375
| +0.8% | +$448K |
|
1209
GSK
GSK
$104B
| $56.9M | 0.02% |
1,282,851
+4,161
| +0.3% | +$192K |
|
1210
Copart
CPRT
$27B
| $56.9M | 0.02% |
5,267,264
+38,460
| +0.7% | +$374K |
|
1211
Synopsys
SNPS
$74.4B
| $56.8M | 0.02% |
666,911
-44,215
| -6% | -$3.83M |
|
1212
Viasat
VSAT
$10.6B
| $56.8M | 0.02% |
759,428
-106,462
| -12% | -$7.37M |
|
1213
SLM Corp
SLM
$4.89B
| $56.8M | 0.02% |
5,023,867
+58,613
| +1% | +$642K |
|
1214
Heritage Financial
HFWA
$1.22B
| $56.7M | 0.02% |
1,841,558
+115,714
| +7% | +$3.56M |
|
1215
White Mountains Insurance
WTM
$5.2B
| $56.7M | 0.02% |
66,588
+4,769
| +8% | +$4.17M |
|
1216
Revvity
RVTY
$12.6B
| $56.7M | 0.02% |
774,715
-82,354
| -10% | -$5.91M |
|
1217
Herc Holdings
HRI
$5.02B
| $56.6M | 0.02% |
904,414
+17,089
| +2% | +$941K |
|
1218
First Busey Corp
BUSE
$2.57B
| $56.6M | 0.02% |
1,890,164
+66,671
| +4% | +$2.07M |
|
1219
MGE Energy Inc
MGEE
$3B
| $56.5M | 0.02% |
895,792
-1,660
| -0.2% | -$108K |
|
1220
Commerce Bancshares
CBSH
$8.53B
| $56.5M | 0.02% |
1,495,145
+51,816
| +4% | +$1.93M |
|
1221
Usana Health Sciences
USNA
$408M
| $56.5M | 0.02% |
762,621
+11,603
| +2% | +$776K |
|
1222
Huron Consulting
HURN
$2.41B
| $56.3M | 0.02% |
1,393,051
+26,668
| +2% | +$1.02M |
|
|
NFBK
1223
DELISTED
Northfield Bancorp
NFBK
| $56.2M | 0.02% |
3,292,844
+55,453
| +2% | +$956K |
|
|
RPXC
1224
DELISTED
RPX Corporation
RPXC
| $56.2M | 0.02% |
4,181,438
+12,129
| +0.3% | +$160K |
|
|
NUVA
1225
DELISTED
NuVasive, Inc.
NUVA
| $56.2M | 0.02% |
960,483
+5,014
| +0.5% | +$284K |
|
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.