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
|
+$337M |
| 2 |
DXC Technology
DXC
|
+$230M |
| 3 |
JHG
Janus Henderson
JHG
|
+$189M |
| 4 |
American Tower
AMT
|
+$183M |
| 5 |
AT&T
T
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$190M |
| 2 |
SWC
Stillwater Mining Co
SWC
|
+$153M |
| 3 |
PVTB
PrivateBancorp Inc
PVTB
|
+$133M |
| 4 |
JNS
Janus Capital Group Inc
JNS
|
+$122M |
| 5 |
WNR
Western Refining Inc
WNR
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.77% |
| 2 | Industrials | 13.88% |
| 3 | Technology | 13.21% |
| 4 | Consumer Discretionary | 10.44% |
| 5 | Healthcare | 10.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1701
Arista Networks
ANET
$252B
| $31.7M | 0.01% |
3,385,984
+13,728
| +0.4% | +$124K |
|
|
HSNI
1702
DELISTED
HSN, Inc.
HSNI
| $31.6M | 0.01% |
989,913
+84,636
| +9% | +$2.93M |
|
1703
Entergy
ETR
$49.3B
| $31.5M | 0.01% |
821,884
+8,958
| +1% | +$347K |
|
1704
LXP Industrial Trust
LXP
$3.59B
| $31.5M | 0.01% |
636,151
+27,153
| +4% | +$1.36M |
|
1705
Essent Group
ESNT
$6.06B
| $31.5M | 0.01% |
847,800
+273,347
| +48% | +$10M |
|
1706
NACCO Industries
NC
$283M
| $31.4M | 0.01% |
1,942,460
-4,381
| -0.2% | -$73.2K |
|
|
PGTI
1707
DELISTED
PGT, Inc.
PGTI
| $31.4M | 0.01% |
2,452,270
+140,054
| +6% | +$1.6M |
|
1708
NiSource
NI
$19.6B
| $31.4M | 0.01% |
1,236,347
+15,843
| +1% | +$395K |
|
1709
HealthStream
HSTM
$893M
| $31.3M | 0.01% |
1,187,549
+22,461
| +2% | +$617K |
|
|
CBB
1710
DELISTED
Cincinnati Bell Inc.
CBB
| $31.2M | 0.01% |
1,597,132
+62,600
| +4% | +$1.12M |
|
|
EBIX
1711
DELISTED
Ebix Inc
EBIX
| $31.2M | 0.01% |
578,936
-4,513
| -0.8% | -$260K |
|
|
IBTX
1712
DELISTED
Independent Bank Group, Inc.
IBTX
| $31.2M | 0.01% |
523,915
+93,282
| +22% | +$5.57M |
|
1713
Ezcorp Inc
EZPW
$1.94B
| $31.1M | 0.01% |
4,037,375
+253,768
| +7% | +$2.21M |
|
1714
Chunghwa Telecom
CHT
$35.5B
| $31M | 0.01% |
881,311
+17,130
| +2% | +$597K |
|
1715
Future Fuel
FF
$240M
| $31M | 0.01% |
2,052,944
+79,880
| +4% | +$1.17M |
|
1716
CMS Energy
CMS
$20.8B
| $30.9M | 0.01% |
669,076
+14,228
| +2% | +$658K |
|
1717
Dine Brands
DIN
$354M
| $30.9M | 0.01% |
701,544
-10,976
| -2% | -$548K |
|
|
AFSI
1718
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $30.9M | 0.01% |
2,038,448
+984
| +0% | +$14.5K |
|
1719
Ameren
AEE
$28.8B
| $30.9M | 0.01% |
564,373
+7,577
| +1% | +$421K |
|
|
VTLE
1720
DELISTED
Vital Energy
VTLE
| $30.8M | 0.01% |
146,447
+27,997
| +24% | +$6.9M |
|
1721
Erie Indemnity
ERIE
$12.8B
| $30.8M | 0.01% |
246,184
+1,082
| +0.4% | +$131K |
|
1722
Mattel
MAT
$3.8B
| $30.7M | 0.01% |
1,428,373
+82,627
| +6% | +$1.87M |
|
|
SHOE
1723
Shoe Station Group
SHOE
$360M
| $30.7M | 0.01% |
2,942,900
-197,304
| -6% | -$2.17M |
|
1724
Stock Yards Bancorp
SYBT
$2.48B
| $30.7M | 0.01% |
789,413
-4,140
| -0.5% | -$161K |
|
|
WBC
1725
DELISTED
WABCO HOLDINGS INC.
WBC
| $30.7M | 0.01% |
240,663
+1,999
| +0.8% | +$239K |
|
Similar funds
Dimensional Fund Advisors's Q2 2017 Portfolio in Review
As of Q2 2017, Dimensional Fund Advisors held 3,388 positions worth $217B, up 3.5% from $209B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Trading was light in Q2 2017: portfolio turnover was 4.8%. Dimensional Fund Advisors opened 86 new positions and exited 78, leaving the 3,388-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 21% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q2 2017 buy was DXC Technology: 3,463,430 shares worth $230M.
- Dimensional Fund Advisors added most to Wells Fargo in Q2 2017, an estimated $337M increase.
- Dimensional Fund Advisors's biggest Q2 2017 reduction was Hewlett Packard, cutting an estimated $97.6M.
- Dimensional Fund Advisors fully exited Yahoo Inc in Q2 2017, selling an estimated $190M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $217B portfolio in Q2 2017.
- Dimensional Fund Advisors opened 86 new positions and closed 78 in Q2 2017.
- Dimensional Fund Advisors's portfolio value rose 3.5% quarter-over-quarter to $217B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2017, filed 11 Aug 2017.