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 | |
|---|---|---|---|---|---|---|
1726
Entergy
ETR
$50.4B
| $34M | 0.01% |
834,946
+15,184
| +2% | +$636K |
|
|
EGL
1727
DELISTED
Engility Holdings, Inc.
EGL
| $33.9M | 0.01% |
1,196,473
+712
| +0.1% | +$21.7K |
|
|
HBI
1728
DELISTED
Hanesbrands
HBI
| $33.9M | 0.01% |
1,622,859
+239,324
| +17% | +$5.11M |
|
1729
Ameren
AEE
$30.3B
| $33.9M | 0.01% |
574,916
+8,898
| +2% | +$547K |
|
1730
Bassett Furniture
BSET
$169M
| $33.9M | 0.01% |
901,823
+13,751
| +2% | +$527K |
|
|
DEL
1731
DELISTED
Deltic Timber
DEL
| $33.9M | 0.01% |
370,396
+721
| +0.2% | +$66K |
|
|
HAYN
1732
DELISTED
Haynes International, Inc.
HAYN
| $33.9M | 0.01% |
1,056,339
+46,280
| +5% | +$1.58M |
|
1733
Qualys
QLYS
$5.45B
| $33.8M | 0.01% |
570,190
-4,782
| -0.8% | -$269K |
|
|
DENN
1734
DELISTED
Denny's
DENN
| $33.8M | 0.01% |
2,555,132
+8,885
| +0.3% | +$116K |
|
1735
Vera Bradley
VRA
$99.2M
| $33.8M | 0.01% |
2,771,915
+241,353
| +10% | +$2.18M |
|
|
DNKN
1736
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $33.7M | 0.01% |
522,575
+10,994
| +2% | +$641K |
|
1737
Toro Company
TTC
$9.06B
| $33.5M | 0.01% |
513,991
-683
| -0.1% | -$43.3K |
|
|
PR
1738
Permian Resources
PR
$17.5B
| $33.5M | 0.01% |
1,692,029
+1,005,320
| +146% | +$19.5M |
|
|
TACO
1739
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $33.5M | 0.01% |
2,764,297
+475,333
| +21% | +$6.14M |
|
|
JWN
1740
DELISTED
Nordstrom
JWN
| $33.5M | 0.01% |
706,342
+4,572
| +0.7% | +$197K |
|
1741
Mercantile Bank Corp
MBWM
$1.05B
| $33.5M | 0.01% |
945,928
+26,339
| +3% | +$947K |
|
|
PERY
1742
DELISTED
Perry Ellis International Inc
PERY
| $33.3M | 0.01% |
1,328,899
+6,972
| +0.5% | +$166K |
|
1743
Repligen
RGEN
$8.3B
| $33.2M | 0.01% |
914,467
+75,885
| +9% | +$2.75M |
|
1744
Astronics
ATRO
$3.51B
| $33.2M | 0.01% |
1,103,855
+40,271
| +4% | +$1.09M |
|
|
AFI
1745
DELISTED
Armstrong Flooring, Inc.
AFI
| $33.1M | 0.01% |
1,956,972
+137,771
| +8% | +$2.23M |
|
1746
SFL Corp
SFL
$1.65B
| $33.1M | 0.01% |
2,133,999
+19,923
| +0.9% | +$299K |
|
1747
Allegion
ALLE
$13.7B
| $33.1M | 0.01% |
415,647
+5,727
| +1% | +$480K |
|
1748
Alpha and Omega Semiconductor
AOSL
$942M
| $33M | 0.01% |
2,018,217
+18,556
| +0.9% | +$325K |
|
|
BBG
1749
DELISTED
Bill Barrett Corp
BBG
| $33M | 0.01% |
6,435,079
+839,059
| +15% | +$4.29M |
|
1750
Trimble
TRMB
$13.5B
| $33M | 0.01% |
810,759
-139,668
| -15% | -$5.72M |
|
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.