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 | |
|---|---|---|---|---|---|---|
1676
Cable One
CABO
$254M
| $35.3M | 0.01% |
50,226
+3,964
| +9% | +$2.79M |
|
1677
Sociedad Química y Minera de Chile
SQM
$19.1B
| $35.3M | 0.01% |
594,152
+21,612
| +4% | +$1.24M |
|
|
RFP
1678
DELISTED
Resolute Forest Products Inc.
RFP
| $35.2M | 0.01% |
3,189,221
+285,314
| +10% | +$2.31M |
|
|
AKS
1679
DELISTED
AK Steel Holding Corp
AKS
| $35.2M | 0.01% |
6,216,077
+134,536
| +2% | +$701K |
|
|
VAR
1680
DELISTED
Varian Medical Systems, Inc.
VAR
| $35.2M | 0.01% |
316,435
+71
| +0% | +$7.63K |
|
|
PE
1681
DELISTED
PARSLEY ENERGY INC
PE
| $35.2M | 0.01% |
1,194,650
+316,380
| +36% | +$8.45M |
|
|
WBC
1682
DELISTED
WABCO HOLDINGS INC.
WBC
| $35.2M | 0.01% |
245,054
+4,246
| +2% | +$624K |
|
|
MIK
1683
DELISTED
Michaels Stores, Inc
MIK
| $35.2M | 0.01% |
1,453,345
+322,270
| +28% | +$6.66M |
|
1684
Acadia Realty Trust
AKR
$3.07B
| $35.2M | 0.01% |
1,284,831
+49,328
| +4% | +$1.41M |
|
|
WAIR
1685
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $35.1M | 0.01% |
4,749,879
+420,984
| +10% | +$3.48M |
|
|
INFN
1686
DELISTED
Infinera Corporation Common Stock
INFN
| $35.1M | 0.01% |
5,551,092
+908,205
| +20% | +$6.92M |
|
|
ABAX
1687
DELISTED
Abaxis Inc
ABAX
| $35.1M | 0.01% |
707,836
+23,850
| +3% | +$1.14M |
|
1688
RE/MAX Holdings
RMAX
$195M
| $35M | 0.01% |
722,606
+40,179
| +6% | +$2.3M |
|
1689
Financial Institutions
FISI
$838M
| $35M | 0.01% |
1,126,390
+92,136
| +9% | +$2.9M |
|
|
SBNY
1690
DELISTED
Signature Bank
SBNY
| $34.9M | 0.01% |
254,495
-31,146
| -11% | -$4.1M |
|
1691
National Healthcare
NHC
$3.48B
| $34.9M | 0.01% |
572,646
+18,114
| +3% | +$1.16M |
|
1692
Chemours
CC
$2.57B
| $34.9M | 0.01% |
696,813
-10,536
| -1% | -$552K |
|
1693
Cannae Holdings
CNNE
$655M
| $34.8M | 0.01% |
+2,044,584
| New | +$35.3M |
|
1694
Myers Industries
MYE
$1.38B
| $34.8M | 0.01% |
1,782,395
+5,395
| +0.3% | +$113K |
|
1695
MaxLinear
MXL
$6.09B
| $34.7M | 0.01% |
1,314,482
-69,204
| -5% | -$1.73M |
|
1696
Western Union
WU
$2.04B
| $34.7M | 0.01% |
1,826,537
-68,721
| -4% | -$1.35M |
|
1697
Leggett & Platt
LEG
$1.37B
| $34.7M | 0.01% |
727,440
+54,518
| +8% | +$2.57M |
|
1698
Great Southern Bancorp
GSBC
$886M
| $34.7M | 0.01% |
672,190
+27,262
| +4% | +$1.47M |
|
|
XHR
1699
Xenia Hotels & Resorts
XHR
$1.89B
| $34.7M | 0.01% |
1,607,940
+65,393
| +4% | +$1.42M |
|
1700
OFG Bancorp
OFG
$2.24B
| $34.7M | 0.01% |
3,693,055
+68,652
| +2% | +$616K |
|
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.