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 | |
|---|---|---|---|---|---|---|
1451
Keysight
KEYS
$54.3B
| $45.5M | 0.02% |
1,094,652
-50,422
| -4% | -$2.18M |
|
1452
Donaldson
DCI
$11.1B
| $45.5M | 0.02% |
930,353
+52,765
| +6% | +$2.52M |
|
1453
MSC Industrial Direct
MSM
$6.99B
| $45.5M | 0.02% |
471,087
+4,880
| +1% | +$408K |
|
1454
Cullen/Frost Bankers
CFR
$10.4B
| $45.4M | 0.02% |
479,977
-9,174
| -2% | -$883K |
|
|
KG
1455
Kestrel Group
KG
$71M
| $45.4M | 0.02% |
344,155
+9,816
| +3% | +$1.47M |
|
1456
Universal Insurance Holdings
UVE
$1.22B
| $45.4M | 0.02% |
1,658,238
+35,209
| +2% | +$884K |
|
|
JBGS
1457
JBG SMITH
JBGS
$827M
| $45.3M | 0.02% |
1,305,623
+79,540
| +6% | +$2.63M |
|
|
LOGM
1458
DELISTED
LogMein, Inc.
LOGM
| $45.3M | 0.02% |
395,894
+5,439
| +1% | +$639K |
|
1459
SS&C Technologies
SSNC
$18.4B
| $45.3M | 0.02% |
1,119,199
+4,429
| +0.4% | +$180K |
|
1460
Empire State Realty Trust
ESRT
$883M
| $45.2M | 0.02% |
2,202,624
+47,085
| +2% | +$963K |
|
1461
Tennant Co
TNC
$1.48B
| $45.2M | 0.02% |
622,246
+3,697
| +0.6% | +$247K |
|
1462
National Health Investors
NHI
$3.72B
| $45.2M | 0.02% |
599,400
+10,667
| +2% | +$828K |
|
|
IVC
1463
DELISTED
Invacare Corporation
IVC
| $45.2M | 0.02% |
2,681,477
+98,222
| +4% | +$1.6M |
|
|
DOC
1464
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $45.2M | 0.02% |
2,510,801
+199,361
| +9% | +$3.57M |
|
1465
Performance Food Group
PFGC
$18.1B
| $45.2M | 0.02% |
1,364,468
+431,967
| +46% | +$12.7M |
|
|
AD
1466
Array Digital Infrastructure
AD
$3.05B
| $45.1M | 0.02% |
1,199,435
+60,297
| +5% | +$2.18M |
|
|
WIFI
1467
DELISTED
Boingo Wireless, Inc.
WIFI
| $45.1M | 0.02% |
2,003,166
+7,992
| +0.4% | +$183K |
|
1468
Televisa
TV
$1.46B
| $45M | 0.02% |
2,409,462
-55,508
| -2% | -$1.15M |
|
|
HTO
1469
H2O America
HTO
$2.62B
| $45M | 0.02% |
704,296
+4,057
| +0.6% | +$257K |
|
1470
Sempra
SRE
$58B
| $44.8M | 0.02% |
837,362
+8,020
| +1% | +$465K |
|
1471
EastGroup Properties
EGP
$11.3B
| $44.8M | 0.02% |
506,444
+9,325
| +2% | +$848K |
|
1472
Cal-Maine
CALM
$4.17B
| $44.7M | 0.02% |
1,006,346
-28,885
| -3% | -$1.29M |
|
1473
Movado Group
MOV
$870M
| $44.6M | 0.02% |
1,384,657
+2,173
| +0.2% | +$63K |
|
|
PGTI
1474
DELISTED
PGT, Inc.
PGTI
| $44.5M | 0.02% |
2,642,606
+116,151
| +5% | +$1.78M |
|
1475
Zumiez
ZUMZ
$342M
| $44.5M | 0.02% |
2,136,910
+131,723
| +7% | +$2.52M |
|
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.