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 | |
|---|---|---|---|---|---|---|
|
BEAT
1526
DELISTED
BioTelemetry, Inc.
BEAT
| $42.3M | 0.02% |
1,414,090
-10,318
| -0.7% | -$299K |
|
1527
Ollie's Bargain Outlet
OLLI
$4.5B
| $42.1M | 0.02% |
791,366
-121,855
| -13% | -$5.75M |
|
1528
Chesapeake Utilities
CPK
$3.22B
| $42.1M | 0.02% |
536,460
+4,494
| +0.8% | +$363K |
|
1529
Hain Celestial
HAIN
$44.8M
| $42M | 0.02% |
991,482
+4,067
| +0.4% | +$161K |
|
1530
AutoZone
AZO
$49.1B
| $41.9M | 0.02% |
58,952
+797
| +1% | +$509K |
|
|
BMTC
1531
DELISTED
Bryn Mawr Bank Corp
BMTC
| $41.9M | 0.02% |
948,848
+52,002
| +6% | +$2.3M |
|
|
NGHC
1532
DELISTED
National General Holdings Corp
NGHC
| $41.9M | 0.02% |
2,133,441
+307,855
| +17% | +$6.31M |
|
1533
A.O. Smith
AOS
$8.25B
| $41.9M | 0.02% |
683,605
-59,677
| -8% | -$3.62M |
|
1534
MarineMax
HZO
$770M
| $41.8M | 0.02% |
2,214,040
+56,159
| +3% | +$1.08M |
|
|
PFC
1535
DELISTED
Premier Financial Corp. Common Stock
PFC
| $41.8M | 0.02% |
1,608,628
+32,954
| +2% | +$885K |
|
1536
OceanFirst Financial
OCFC
$1.7B
| $41.8M | 0.02% |
1,592,326
+150,108
| +10% | +$4.09M |
|
1537
CorVel
CRVL
$3.13B
| $41.8M | 0.02% |
2,369,481
+31,467
| +1% | +$593K |
|
1538
PG&E
PCG
$37.5B
| $41.8M | 0.02% |
931,306
+9,498
| +1% | +$532K |
|
1539
Cenovus Energy
CVE
$54.3B
| $41.7M | 0.02% |
4,572,337
+783,091
| +21% | +$7.6M |
|
|
WEB
1540
DELISTED
Web.com Group, Inc.
WEB
| $41.6M | 0.02% |
1,910,395
+22,640
| +1% | +$530K |
|
|
MXIM
1541
DELISTED
Maxim Integrated Products
MXIM
| $41.6M | 0.02% |
796,514
+21,067
| +3% | +$1.09M |
|
1542
Artisan Partners
APAM
$2.92B
| $41.6M | 0.02% |
1,052,932
+19,656
| +2% | +$729K |
|
1543
Pebblebrook Hotel Trust
PEB
$2.15B
| $41.5M | 0.02% |
1,117,188
+21,155
| +2% | +$782K |
|
1544
Central Pacific Financial
CPF
$1.03B
| $41.5M | 0.02% |
1,390,754
-61,876
| -4% | -$1.93M |
|
1545
Center Bancorp
CNOB
$1.69B
| $41.4M | 0.02% |
1,607,495
+127,924
| +9% | +$3.36M |
|
|
TWTR
1546
DELISTED
Twitter, Inc.
TWTR
| $41.3M | 0.02% |
1,720,677
+11,676
| +0.7% | +$240K |
|
1547
Hooker Furnishings Corp
HOFT
$157M
| $41.3M | 0.02% |
973,228
+3
| +0% | +$140 |
|
|
KE
1548
Kimball Electronics
KE
$607M
| $41.3M | 0.02% |
2,262,929
+12,893
| +0.6% | +$266K |
|
|
CUDA
1549
DELISTED
Barracuda Networks, Inc.
CUDA
| $41.3M | 0.02% |
1,501,010
+38,208
| +3% | +$948K |
|
|
CXP
1550
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $41.3M | 0.02% |
1,798,038
+51,377
| +3% | +$1.14M |
|
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.