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 | |
|---|---|---|---|---|---|---|
|
FBR
1226
DELISTED
Fibria Celulose Sa
FBR
| $56.1M | 0.02% |
3,817,480
-952,558
| -20% | -$14.5M |
|
1227
TTEC Holdings
TTEC
$121M
| $56M | 0.02% |
1,391,130
+8,597
| +0.6% | +$354K |
|
|
HMSY
1228
DELISTED
HMS Holdings Corp.
HMSY
| $56M | 0.02% |
3,302,328
+71,359
| +2% | +$1.25M |
|
1229
Sunstone Hotel Investors
SHO
$2.19B
| $55.9M | 0.02% |
3,379,101
+208,704
| +7% | +$3.46M |
|
1230
Cousins Properties
CUZ
$5.19B
| $55.8M | 0.02% |
1,508,714
+55,301
| +4% | +$2.04M |
|
1231
First Industrial Realty Trust
FR
$8.73B
| $55.8M | 0.02% |
1,773,499
+32,768
| +2% | +$1.03M |
|
1232
Supernus Pharmaceuticals
SUPN
$2.59B
| $55.8M | 0.02% |
1,399,150
+131,726
| +10% | +$5.21M |
|
1233
Dorman Products
DORM
$3.98B
| $55.7M | 0.02% |
911,722
+52,630
| +6% | +$3.57M |
|
|
SCS
1234
DELISTED
Steelcase
SCS
| $55.7M | 0.02% |
3,667,372
+37,186
| +1% | +$546K |
|
|
CSFL
1235
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $55.7M | 0.02% |
2,163,629
+95,249
| +5% | +$2.54M |
|
|
NFX
1236
DELISTED
Newfield Exploration
NFX
| $55.6M | 0.02% |
1,762,975
+484,301
| +38% | +$14.7M |
|
1237
Fortune Brands Innovations
FBIN
$5.88B
| $55.5M | 0.02% |
949,043
+8,220
| +0.9% | +$467K |
|
1238
Encompass Health
EHC
$11B
| $55.4M | 0.02% |
1,409,811
+213,659
| +18% | +$8.13M |
|
|
EV
1239
DELISTED
Eaton Vance Corp.
EV
| $55.4M | 0.02% |
982,575
-88,413
| -8% | -$4.68M |
|
1240
Planet Fitness
PLNT
$4.42B
| $55.4M | 0.02% |
1,599,686
+112,073
| +8% | +$3.32M |
|
|
RAVN
1241
DELISTED
Raven Industries Inc
RAVN
| $55.4M | 0.02% |
1,612,614
| – | – |
|
|
HRG
1242
DELISTED
HRG Group, Inc.
HRG
| $55.3M | 0.02% |
3,262,925
+254,397
| +8% | +$4.11M |
|
1243
Fastenal
FAST
$54.7B
| $55.3M | 0.02% |
4,041,800
+95,604
| +2% | +$1.18M |
|
1244
Titan International
TWI
$466M
| $55.2M | 0.02% |
4,286,440
+211,114
| +5% | +$2.35M |
|
1245
UNIFI
UFI
$119M
| $55.2M | 0.02% |
1,538,440
+16,253
| +1% | +$588K |
|
1246
Southwest Gas
SWX
$6.47B
| $55.1M | 0.02% |
684,724
-105,705
| -13% | -$8.58M |
|
1247
OraSure Technologies
OSUR
$279M
| $55.1M | 0.02% |
2,919,826
-138,889
| -5% | -$2.52M |
|
1248
Expedia Group
EXPE
$35.4B
| $55M | 0.02% |
459,389
+4,303
| +0.9% | +$558K |
|
1249
Verisk Analytics
VRSK
$25.4B
| $55M | 0.02% |
573,025
+11,359
| +2% | +$1.03M |
|
1250
Ball Corp
BALL
$17.3B
| $55M | 0.02% |
1,452,550
+26,985
| +2% | +$1.1M |
|
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.