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 | |
|---|---|---|---|---|---|---|
|
MTSC
1651
DELISTED
MTS Systems Corp
MTSC
| $36.5M | 0.02% |
679,316
+21,941
| +3% | +$1.18M |
|
|
LMNX
1652
DELISTED
Luminex Corp
LMNX
| $36.5M | 0.02% |
1,851,266
+31,849
| +2% | +$663K |
|
1653
Hershey
HSY
$35.7B
| $36.4M | 0.02% |
321,074
+5,940
| +2% | +$654K |
|
1654
ResMed
RMD
$31.2B
| $36.4M | 0.02% |
430,134
-3,746
| -0.9% | -$309K |
|
1655
SEI Investments
SEIC
$12.5B
| $36.4M | 0.02% |
505,918
+5,367
| +1% | +$359K |
|
1656
Idacorp
IDA
$8.32B
| $36.4M | 0.02% |
397,922
-111,922
| -22% | -$10.5M |
|
1657
Viavi Solutions
VIAV
$9.31B
| $36.3M | 0.02% |
4,158,108
+22,065
| +0.5% | +$200K |
|
1658
Gartner
IT
$10.1B
| $36.3M | 0.02% |
294,788
-19,109
| -6% | -$2.32M |
|
|
AFSI
1659
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $36.3M | 0.02% |
3,603,717
+905,181
| +34% | +$10.3M |
|
|
CNR
1660
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $36.3M | 0.02% |
1,878,687
+63,035
| +3% | +$1.06M |
|
|
HAPN
1661
Happen Inc
HAPN
$2.36B
| $36.2M | 0.02% |
1,754,617
+566,156
| +48% | +$14.1M |
|
1662
Lloyds Banking Group
LYG
$90.8B
| $36.2M | 0.02% |
9,657,740
-727,344
| -7% | -$2.62M |
|
1663
Kforce
KFRC
$1.03B
| $36.2M | 0.02% |
1,433,204
+14,159
| +1% | +$333K |
|
1664
Sturm, Ruger & Co
RGR
$616M
| $36.1M | 0.02% |
646,577
-12,559
| -2% | -$655K |
|
1665
Diamondrock Hospitality Co
DRH
$2.74B
| $36.1M | 0.02% |
3,196,918
+129,187
| +4% | +$1.44M |
|
1666
Carriage Services
CSV
$645M
| $36M | 0.01% |
1,401,052
-5,022
| -0.4% | -$128K |
|
1667
Morningstar
MORN
$7.46B
| $36M | 0.01% |
371,002
+18,867
| +5% | +$1.7M |
|
1668
Vipshop
VIPS
$7.47B
| $35.9M | 0.01% |
3,064,536
+575,640
| +23% | +$5.09M |
|
|
CAMP
1669
DELISTED
CalAmp Corp.
CAMP
| $35.9M | 0.01% |
72,768
-2,054
| -3% | -$1.06M |
|
1670
Genworth Financial
GNW
$3.76B
| $35.9M | 0.01% |
11,528,040
-192,574
| -2% | -$666K |
|
1671
US Physical Therapy
USPH
$1.18B
| $35.9M | 0.01% |
496,538
+2,566
| +0.5% | +$175K |
|
|
UNIT
1672
Uniti Group
UNIT
$2.34B
| $35.7M | 0.01% |
2,006,313
+1,069,358
| +114% | +$17.6M |
|
1673
ASML
ASML
$631B
| $35.7M | 0.01% |
205,321
+21,639
| +12% | +$3.82M |
|
|
ELME
1674
Elme Communities
ELME
$146M
| $35.5M | 0.01% |
1,140,568
+40,721
| +4% | +$1.32M |
|
1675
Cohen & Steers
CNS
$4.35B
| $35.5M | 0.01% |
749,832
+39,050
| +5% | +$1.72M |
|
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.