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 | |
|---|---|---|---|---|---|---|
|
KW
1351
DELISTED
Kennedy-Wilson Holdings
KW
| $50.3M | 0.02% |
2,900,243
+406,074
| +16% | +$7.65M |
|
1352
Toronto Dominion Bank
TD
$198B
| $50.2M | 0.02% |
857,705
-2,887
| -0.3% | -$165K |
|
1353
The Ensign Group
ENSG
$10.4B
| $50.2M | 0.02% |
2,418,759
+30,256
| +1% | +$650K |
|
1354
Columbia Sportswear
COLM
$3.04B
| $50.2M | 0.02% |
698,772
-19,553
| -3% | -$1.28M |
|
|
SFBS
1355
ServisFirst Bancshares
SFBS
$4.89B
| $49.9M | 0.02% |
1,201,776
+32,943
| +3% | +$1.34M |
|
|
CTXS
1356
DELISTED
Citrix Systems Inc
CTXS
| $49.8M | 0.02% |
565,707
+9,845
| +2% | +$834K |
|
1357
Teradata
TDC
$2.92B
| $49.7M | 0.02% |
1,292,091
+15,175
| +1% | +$542K |
|
1358
Unilever
UL
$137B
| $49.7M | 0.02% |
797,762
+13,726
| +2% | +$870K |
|
|
IPXL
1359
DELISTED
Impax Laboratories, Inc.
IPXL
| $49.6M | 0.02% |
2,979,998
-3,966
| -0.1% | -$72.7K |
|
1360
MYR Group
MYRG
$5.19B
| $49.5M | 0.02% |
1,386,327
+895
| +0.1% | +$29.7K |
|
|
PAY
1361
DELISTED
Verifone Systems Inc
PAY
| $49.5M | 0.02% |
2,796,606
+97,077
| +4% | +$1.8M |
|
1362
Lakeland Financial Corp
LKFN
$1.56B
| $49.5M | 0.02% |
1,020,467
+9,351
| +0.9% | +$458K |
|
1363
Photronics
PLAB
$1.79B
| $49.5M | 0.02% |
5,802,383
+107,279
| +2% | +$980K |
|
1364
Sonic Automotive
SAH
$2.9B
| $49.4M | 0.02% |
2,680,067
+26,772
| +1% | +$545K |
|
1365
Enel Chile
ENIC
$6.14B
| $49.4M | 0.02% |
8,696,933
-247,966
| -3% | -$1.42M |
|
1366
Power Integrations
POWI
$3.38B
| $49.4M | 0.02% |
1,343,256
+7,896
| +0.6% | +$301K |
|
|
LVNTA
1367
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $49.4M | 0.02% |
910,444
+23,262
| +3% | +$1.32M |
|
1368
American Vanguard Corp
AVD
$68.4M
| $49.3M | 0.02% |
2,511,155
+29,592
| +1% | +$613K |
|
|
ENLC
1369
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $49.2M | 0.02% |
2,794,254
+326,021
| +13% | +$5.35M |
|
|
GTS
1370
DELISTED
Triple-S Management Corporation
GTS
| $49.2M | 0.02% |
2,079,422
-6,614
| -0.3% | -$161K |
|
1371
Lincoln Electric
LECO
$14.2B
| $49.1M | 0.02% |
536,264
+4,785
| +0.9% | +$437K |
|
|
FINL
1372
DELISTED
Finish Line
FINL
| $49.1M | 0.02% |
3,379,594
+249,722
| +8% | +$2.69M |
|
1373
Telkom Indonesia
TLK
$14.5B
| $49.1M | 0.02% |
1,523,676
+26,564
| +2% | +$832K |
|
1374
Campbell Soup
CPB
$6.55B
| $49M | 0.02% |
1,017,982
+5,883
| +0.6% | +$280K |
|
1375
Genpact
G
$5.96B
| $49M | 0.02% |
1,542,380
+24,137
| +2% | +$747K |
|
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.