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 | |
|---|---|---|---|---|---|---|
1551
Warner Bros
WBD
$65.7B
| $41.2M | 0.02% |
1,841,055
-40,442
| -2% | -$790K |
|
1552
Hasbro
HAS
$13B
| $41.2M | 0.02% |
453,222
+13,052
| +3% | +$1.22M |
|
1553
Ingles Markets
IMKTA
$1.73B
| $41.1M | 0.02% |
1,188,117
+3,365
| +0.3% | +$91.6K |
|
|
BKS
1554
DELISTED
Barnes & Noble
BKS
| $41.1M | 0.02% |
6,133,499
+204,965
| +3% | +$1.45M |
|
|
OSG
1555
Octave Specialty Group
OSG
$258M
| $41M | 0.02% |
2,567,046
| – | – |
|
1556
Waters Corp
WAT
$36.9B
| $41M | 0.02% |
212,027
+1,192
| +0.6% | +$230K |
|
1557
Cooper Companies
COO
$14.5B
| $40.9M | 0.02% |
751,404
+6,872
| +0.9% | +$402K |
|
1558
Expeditors International
EXPD
$22.2B
| $40.9M | 0.02% |
632,292
+11,670
| +2% | +$715K |
|
|
GCP
1559
DELISTED
GCP Applied Technologies Inc.
GCP
| $40.9M | 0.02% |
1,281,116
+78,638
| +7% | +$2.42M |
|
|
BIVV
1560
DELISTED
Bioverativ Inc. Common Stock
BIVV
| $40.9M | 0.02% |
757,928
+335,917
| +80% | +$18.4M |
|
|
K
1561
DELISTED
Kellanova
K
| $40.8M | 0.02% |
639,854
+9,280
| +1% | +$559K |
|
|
VSM
1562
DELISTED
Versum Materials, Inc.
VSM
| $40.8M | 0.02% |
1,078,413
+27,506
| +3% | +$1.07M |
|
1563
Essent Group
ESNT
$6.17B
| $40.8M | 0.02% |
939,562
-685
| -0.1% | -$29.8K |
|
|
S
1564
DELISTED
Sprint Corporation
S
| $40.7M | 0.02% |
6,911,166
-160,116
| -2% | -$1.02M |
|
|
SP
1565
DELISTED
SP Plus Corporation
SP
| $40.7M | 0.02% |
1,096,245
+28,423
| +3% | +$1.1M |
|
1566
McCormick & Company Non-Voting
MKC
$13.9B
| $40.7M | 0.02% |
797,800
-29,454
| -4% | -$1.47M |
|
1567
Manhattan Associates
MANH
$11.1B
| $40.7M | 0.02% |
820,548
+28,035
| +4% | +$1.26M |
|
1568
Enviri
NVRI
$651M
| $40.6M | 0.02% |
2,179,201
+2,427
| +0.1% | +$46.8K |
|
|
CCF
1569
DELISTED
Chase Corporation
CCF
| $40.6M | 0.02% |
336,520
+1,692
| +0.5% | +$201K |
|
1570
Trip.com Group
TCOM
$29.8B
| $40.5M | 0.02% |
918,091
+34,659
| +4% | +$1.66M |
|
|
NVO
1571
Novo Nordisk
NVO
$209B
| $40.5M | 0.02% |
1,509,000
+3,492
| +0.2% | +$88.8K |
|
1572
John B. Sanfilippo & Son
JBSS
$987M
| $40.5M | 0.02% |
639,627
-29,283
| -4% | -$1.84M |
|
|
VTLE
1573
DELISTED
Vital Energy
VTLE
| $40.4M | 0.02% |
190,326
+14,114
| +8% | +$3.1M |
|
|
PRAH
1574
DELISTED
PRA Health Sciences, Inc.
PRAH
| $40.4M | 0.02% |
443,261
+109,153
| +33% | +$9.08M |
|
1575
Global Indemnity Group
GBLI
$402M
| $40.3M | 0.02% |
960,065
+11,242
| +1% | +$478K |
|
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.