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 | |
|---|---|---|---|---|---|---|
|
DOOR
1701
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $34.6M | 0.01% |
467,106
+95,822
| +26% | +$6.69M |
|
|
EGOV
1702
DELISTED
NIC Inc
EGOV
| $34.6M | 0.01% |
2,085,084
-14,161
| -0.7% | -$239K |
|
1703
Pool Corp
POOL
$7.11B
| $34.5M | 0.01% |
266,465
-38,455
| -13% | -$4.67M |
|
|
CTRA
1704
DELISTED
Coterra Energy
CTRA
| $34.5M | 0.01% |
1,206,982
-26,006
| -2% | -$714K |
|
1705
STAG Industrial
STAG
$7.44B
| $34.5M | 0.01% |
1,261,751
+84,268
| +7% | +$2.36M |
|
1706
HEICO Corp Class A
HEI.A
$36.6B
| $34.5M | 0.01% |
681,578
-1,906
| -0.3% | -$93.2K |
|
|
ELLI
1707
DELISTED
Ellie Mae Inc
ELLI
| $34.4M | 0.01% |
384,535
+75,605
| +24% | +$6.68M |
|
1708
Rayonier Advanced Materials
RYAM
$608M
| $34.4M | 0.01% |
1,679,783
+42,283
| +3% | +$711K |
|
|
CRZO
1709
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $34.3M | 0.01% |
1,613,822
+1,042,343
| +182% | +$19.2M |
|
|
LION
1710
DELISTED
Fidelity Southern Corporation
LION
| $34.3M | 0.01% |
1,574,860
+77,101
| +5% | +$1.7M |
|
|
EGN
1711
DELISTED
Energen
EGN
| $34.3M | 0.01% |
596,237
+88,486
| +17% | +$4.81M |
|
1712
Jazz Pharmaceuticals
JAZZ
$15.8B
| $34.3M | 0.01% |
254,364
+7,194
| +3% | +$998K |
|
1713
Herbalife
HLF
$1.32B
| $34.3M | 0.01% |
1,011,482
+153,954
| +18% | +$5.39M |
|
|
AZPN
1714
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $34.3M | 0.01% |
517,375
-50,124
| -9% | -$3.32M |
|
1715
Tenet Healthcare
THC
$20.1B
| $34.2M | 0.01% |
2,257,590
-273,212
| -11% | -$3.85M |
|
1716
Churchill Downs
CHDN
$5.82B
| $34.2M | 0.01% |
882,018
-31,704
| -3% | -$1.15M |
|
1717
Community Health Systems
CYH
$412M
| $34.2M | 0.01% |
8,029,393
+1,520,730
| +23% | +$7.64M |
|
1718
Burlington
BURL
$23.2B
| $34.2M | 0.01% |
277,765
-23,584
| -8% | -$2.4M |
|
1719
Autodesk
ADSK
$49.6B
| $34.2M | 0.01% |
325,783
+1,807
| +0.6% | +$211K |
|
1720
MarketAxess Holdings
MKTX
$5.71B
| $34.1M | 0.01% |
169,228
-10,905
| -6% | -$2.06M |
|
1721
NLI Holdings
NL
$289M
| $34.1M | 0.01% |
2,394,237
-1,087
| -0% | -$13.8K |
|
|
ROIC
1722
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $34.1M | 0.01% |
1,707,839
+46,405
| +3% | +$891K |
|
|
TYPE
1723
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $34M | 0.01% |
1,412,496
-17,480
| -1% | -$410K |
|
|
FNGN
1724
DELISTED
Financial Engines, Inc.
FNGN
| $34M | 0.01% |
1,123,258
+117,255
| +12% | +$3.68M |
|
|
CBB
1725
DELISTED
Cincinnati Bell Inc.
CBB
| $34M | 0.01% |
1,631,621
+3,000
| +0.2% | +$61K |
|
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.