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 | |
|---|---|---|---|---|---|---|
|
ATRI
1576
DELISTED
Atrion Corp
ATRI
| $40.2M | 0.02% |
63,787
-503
| -0.8% | -$329K |
|
1577
Masco
MAS
$14.7B
| $40.2M | 0.02% |
915,129
+423
| +0% | +$17.2K |
|
1578
Matrix Service
MTRX
$341M
| $40.2M | 0.02% |
2,259,051
+52,132
| +2% | +$820K |
|
|
ORBC
1579
DELISTED
ORBCOMM, Inc.
ORBC
| $40.2M | 0.02% |
3,948,232
-42,451
| -1% | -$448K |
|
|
KMG
1580
DELISTED
KMG Chemicals Inc
KMG
| $40.2M | 0.02% |
607,920
+14,140
| +2% | +$800K |
|
|
HSNI
1581
DELISTED
HSN, Inc.
HSNI
| $40M | 0.02% |
991,523
| – | – |
|
1582
Euronet Worldwide
EEFT
$2.79B
| $39.9M | 0.02% |
473,754
+931
| +0.2% | +$86.2K |
|
1583
Sally Beauty Holdings
SBH
$1.56B
| $39.9M | 0.02% |
2,126,066
+293,059
| +16% | +$5.08M |
|
|
KBAL
1584
DELISTED
Kimball International
KBAL
| $39.8M | 0.02% |
2,131,506
+12,260
| +0.6% | +$231K |
|
|
PEGI
1585
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $39.8M | 0.02% |
1,849,678
+81,247
| +5% | +$1.83M |
|
1586
Strategic Education
STRA
$1.89B
| $39.7M | 0.02% |
443,602
+699
| +0.2% | +$64.6K |
|
|
THR
1587
DELISTED
Thermon Group Holdings
THR
| $39.7M | 0.02% |
1,678,501
+13,164
| +0.8% | +$287K |
|
1588
Tanger
SKT
$4.68B
| $39.6M | 0.02% |
1,495,583
+76,562
| +5% | +$1.89M |
|
1589
Westamerica Bancorp
WABC
$1.39B
| $39.6M | 0.02% |
665,679
-1,700
| -0.3% | -$100K |
|
1590
Stratasys
SSYS
$702M
| $39.6M | 0.02% |
1,985,574
+190,080
| +11% | +$4.14M |
|
1591
International Flavors & Fragrances
IFF
$20.5B
| $39.6M | 0.02% |
259,636
+2,608
| +1% | +$392K |
|
1592
American Water Works
AWK
$26.1B
| $39.5M | 0.02% |
432,203
+6,769
| +2% | +$598K |
|
|
PSB
1593
DELISTED
PS Business Parks, Inc.
PSB
| $39.4M | 0.02% |
315,039
+4,916
| +2% | +$650K |
|
1594
Lennox International
LII
$14.9B
| $39.3M | 0.02% |
188,832
+584
| +0.3% | +$114K |
|
|
HMHC
1595
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $39.3M | 0.02% |
4,222,105
+496,763
| +13% | +$4.96M |
|
|
BERY
1596
DELISTED
Berry Global Group, Inc.
BERY
| $39.2M | 0.02% |
728,334
+23,744
| +3% | +$1.29M |
|
1597
Urban Edge Properties
UE
$2.84B
| $39.2M | 0.02% |
1,539,213
+67,272
| +5% | +$1.67M |
|
1598
Spectrum Brands
SPB
$2.03B
| $39.2M | 0.02% |
348,784
+7,974
| +2% | +$871K |
|
|
EDR
1599
DELISTED
Education Realty Trust Inc
EDR
| $39.2M | 0.02% |
1,121,752
+68,921
| +7% | +$2.48M |
|
1600
Middleby
MIDD
$6.12B
| $39.1M | 0.02% |
290,078
+28,861
| +11% | +$3.53M |
|
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.