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 | |
|---|---|---|---|---|---|---|
1776
lululemon athletica
LULU
$14B
| $31.8M | 0.01% |
404,584
+22,302
| +6% | +$1.49M |
|
1777
Preferred Bank
PFBC
$1.26B
| $31.8M | 0.01% |
540,915
+15,590
| +3% | +$947K |
|
1778
Motorcar Parts of America
MPAA
$257M
| $31.8M | 0.01% |
1,271,570
+99,605
| +8% | +$2.65M |
|
1779
Marcus & Millichap
MMI
$1.16B
| $31.7M | 0.01% |
972,561
+98,852
| +11% | +$2.94M |
|
1780
Cato Corp
CATO
$69.3M
| $31.6M | 0.01% |
1,987,827
+86,807
| +5% | +$1.26M |
|
1781
Chunghwa Telecom
CHT
$32.9B
| $31.6M | 0.01% |
892,700
+987
| +0.1% | +$33.8K |
|
1782
Rexford Industrial Realty
REXR
$8.4B
| $31.6M | 0.01% |
1,083,549
+114,141
| +12% | +$3.44M |
|
|
ASNA
1783
DELISTED
Ascena Retail Group, Inc.
ASNA
| $31.5M | 0.01% |
669,735
+30,277
| +5% | +$1.28M |
|
|
B
1784
Barrick Mining
B
$62.6B
| $31.5M | 0.01% |
2,173,585
+1,131,342
| +109% | +$16.7M |
|
1785
Lumentum
LITE
$60.7B
| $31.4M | 0.01% |
642,817
-261,547
| -29% | -$14.6M |
|
1786
SPX Corp
SPXC
$10.7B
| $31.4M | 0.01% |
1,000,457
+14,783
| +1% | +$448K |
|
1787
Amphastar Pharmaceuticals
AMPH
$892M
| $31.4M | 0.01% |
1,631,802
+73,689
| +5% | +$1.38M |
|
1788
The Bancorp
TBBK
$2.96B
| $31.4M | 0.01% |
3,175,999
+239,764
| +8% | +$2.2M |
|
1789
West Pharmaceutical
WST
$24.5B
| $31.4M | 0.01% |
317,943
-18,084
| -5% | -$1.77M |
|
1790
Bath & Body Works
BBWI
$4.23B
| $31.3M | 0.01% |
642,337
+4,524
| +0.7% | +$183K |
|
1791
Addus HomeCare
ADUS
$2.18B
| $31.2M | 0.01% |
897,610
+10,489
| +1% | +$356K |
|
1792
Barnes & Noble Education
BNED
$447M
| $31.2M | 0.01% |
37,851
+2,053
| +6% | +$1.36M |
|
|
PTR
1793
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $31.1M | 0.01% |
445,314
+460
| +0.1% | +$30.9K |
|
|
SUP
1794
DELISTED
Superior Industries International
SUP
| $31.1M | 0.01% |
2,094,982
+41,303
| +2% | +$659K |
|
|
NATI
1795
DELISTED
National Instruments Corp
NATI
| $31.1M | 0.01% |
747,009
+5,959
| +0.8% | +$260K |
|
|
CS
1796
DELISTED
Credit Suisse Group
CS
| $31M | 0.01% |
1,739,037
-5,064
| -0.3% | -$83.7K |
|
1797
HealthStream
HSTM
$828M
| $31M | 0.01% |
1,339,552
+100,103
| +8% | +$2.36M |
|
1798
Axalta
AXTA
$7.76B
| $31M | 0.01% |
957,069
+14,175
| +2% | +$449K |
|
1799
Ligand Pharmaceuticals
LGND
$5.85B
| $30.9M | 0.01% |
362,225
-17,894
| -5% | -$1.55M |
|
1800
Universal Display
OLED
$3.67B
| $30.9M | 0.01% |
179,111
-27,503
| -13% | -$4.38M |
|
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.