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 | |
|---|---|---|---|---|---|---|
1426
Southside Bancshares
SBSI
$967M
| $46.7M | 0.02% |
1,386,706
+12,699
| +0.9% | +$449K |
|
|
SPPI
1427
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $46.7M | 0.02% |
2,462,907
-81,994
| -3% | -$1.49M |
|
|
RPAI
1428
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $46.6M | 0.02% |
3,470,786
+86,436
| +3% | +$1.12M |
|
|
CIR
1429
DELISTED
CIRCOR International, Inc
CIR
| $46.6M | 0.02% |
957,784
+15,085
| +2% | +$737K |
|
|
IPHS
1430
DELISTED
Innophos Holdings, Inc.
IPHS
| $46.5M | 0.02% |
994,630
+6,307
| +0.6% | +$295K |
|
|
CAI
1431
DELISTED
CAI International, Inc.
CAI
| $46.4M | 0.02% |
1,636,646
+8,766
| +0.5% | +$290K |
|
|
PDM
1432
Piedmont Realty Trust
PDM
$1.21B
| $46.3M | 0.02% |
2,363,001
+56,425
| +2% | +$1.12M |
|
1433
Prudential
PUK
$37.6B
| $46.3M | 0.02% |
939,650
+5,387
| +0.6% | +$257K |
|
|
INWK
1434
DELISTED
InnerWorkings, Inc.
INWK
| $46.2M | 0.02% |
4,602,163
+43,822
| +1% | +$470K |
|
|
KEM
1435
DELISTED
KEMET Corporation
KEM
| $46.1M | 0.02% |
3,063,455
+390,793
| +15% | +$7.44M |
|
|
SHYF
1436
DELISTED
The Shyft Group
SHYF
| $46.1M | 0.02% |
2,927,707
-27,195
| -0.9% | -$413K |
|
1437
Protolabs
PRLB
$1.79B
| $46.1M | 0.02% |
447,592
+8,723
| +2% | +$783K |
|
1438
British American Tobacco
BTI
$131B
| $46.1M | 0.02% |
687,623
-25,866
| -4% | -$1.69M |
|
1439
Johnson Outdoors
JOUT
$491M
| $46M | 0.02% |
740,818
+4,774
| +0.6% | +$334K |
|
1440
Radian Group
RDN
$5.18B
| $46M | 0.02% |
2,229,903
-124,121
| -5% | -$2.56M |
|
1441
Cleveland-Cliffs
CLF
$6.57B
| $45.9M | 0.02% |
6,370,871
+416,601
| +7% | +$2.77M |
|
1442
DTE Energy
DTE
$29.5B
| $45.9M | 0.02% |
492,591
+7,237
| +1% | +$688K |
|
1443
FMC
FMC
$1.34B
| $45.9M | 0.02% |
558,452
-33,511
| -6% | -$2.69M |
|
1444
REX American Resources
REX
$1.42B
| $45.8M | 0.02% |
3,320,478
+9,072
| +0.3% | +$133K |
|
1445
BWX Technologies
BWXT
$15.5B
| $45.8M | 0.02% |
757,241
+3,843
| +0.5% | +$232K |
|
1446
HCA Healthcare
HCA
$87.2B
| $45.8M | 0.02% |
520,979
-1,580
| -0.3% | -$127K |
|
1447
Adeia
ADEA
$2.94B
| $45.8M | 0.02% |
7,089,008
+113,415
| +2% | +$666K |
|
1448
Global Industrial
GIC
$1.37B
| $45.7M | 0.02% |
1,374,100
+33,737
| +3% | +$992K |
|
1449
Graco
GGG
$12.9B
| $45.7M | 0.02% |
1,009,645
-94,610
| -9% | -$4.1M |
|
1450
Enterprise Financial Services Corp
EFSC
$2.4B
| $45.6M | 0.02% |
1,010,475
+22,281
| +2% | +$975K |
|
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.