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 | |
|---|---|---|---|---|---|---|
1501
IDEX
IEX
$17.1B
| $43.7M | 0.02% |
331,105
-50,888
| -13% | -$6.55M |
|
1502
Vail Resorts
MTN
$5.36B
| $43.6M | 0.02% |
205,262
-10,836
| -5% | -$2.43M |
|
|
ESIO
1503
DELISTED
Electro Scientific Industries
ESIO
| $43.6M | 0.02% |
2,033,710
-450,876
| -18% | -$9.05M |
|
1504
Advance Auto Parts
AAP
$3.35B
| $43.5M | 0.02% |
436,746
+28,605
| +7% | +$2.63M |
|
|
TDAY
1505
USA Today Co
TDAY
$1.33B
| $43.4M | 0.02% |
2,587,283
+298,947
| +13% | +$4.85M |
|
1506
COPT Defense Properties
CDP
$4.3B
| $43.4M | 0.02% |
1,484,850
+45,139
| +3% | +$1.42M |
|
1507
Gen Digital
GEN
$16.8B
| $43.3M | 0.02% |
1,544,545
-160,216
| -9% | -$4.79M |
|
|
LNW
1508
DELISTED
Light & Wonder
LNW
| $43.3M | 0.02% |
844,908
+3,412
| +0.4% | +$166K |
|
1509
RPM International
RPM
$14B
| $43.3M | 0.02% |
825,974
+44,654
| +6% | +$2.34M |
|
1510
Greenlight Captial
GLRE
$549M
| $43.3M | 0.02% |
2,153,735
+120,185
| +6% | +$2.61M |
|
|
POLY
1511
DELISTED
Plantronics, Inc.
POLY
| $43.3M | 0.02% |
859,197
+502
| +0.1% | +$24.7K |
|
|
ECOL
1512
DELISTED
US Ecology, Inc.
ECOL
| $43.2M | 0.02% |
847,982
+14,330
| +2% | +$722K |
|
|
MASI
1513
DELISTED
Masimo
MASI
| $43.2M | 0.02% |
509,580
-117,351
| -19% | -$10.2M |
|
1514
Crane NXT
CXT
$3.04B
| $43.2M | 0.02% |
1,392,417
-156,237
| -10% | -$4.57M |
|
1515
Lazard
LAZ
$4.16B
| $43.1M | 0.02% |
821,627
+83,004
| +11% | +$3.98M |
|
|
AXON
1516
Axon Enterprise
AXON
$45.5B
| $43M | 0.02% |
1,623,197
-112,859
| -7% | -$2.71M |
|
1517
UGI
UGI
$7.78B
| $42.9M | 0.02% |
914,622
-139,642
| -13% | -$6.67M |
|
|
CBPX
1518
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $42.9M | 0.02% |
1,525,182
+12,943
| +0.9% | +$351K |
|
|
ACTA
1519
DELISTED
Actua Corp
ACTA
| $42.9M | 0.02% |
2,751,237
+62,808
| +2% | +$976K |
|
1520
Stellantis
STLA
$21.2B
| $42.9M | 0.02% |
2,405,711
| – | – |
|
1521
Watsco Inc
WSO
$13.1B
| $42.8M | 0.02% |
251,945
+9,420
| +4% | +$1.56M |
|
|
STAY
1522
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $42.8M | 0.02% |
2,252,924
+633,487
| +39% | +$11.8M |
|
1523
Tompkins Financial
TMP
$1.44B
| $42.6M | 0.02% |
524,030
+4,799
| +0.9% | +$408K |
|
|
MSGN
1524
DELISTED
MSG Networks Inc.
MSGN
| $42.6M | 0.02% |
2,103,358
-4,171
| -0.2% | -$80.3K |
|
|
EBIX
1525
DELISTED
Ebix Inc
EBIX
| $42.3M | 0.02% |
533,665
-42,039
| -7% | -$3.06M |
|
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.