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 | |
|---|---|---|---|---|---|---|
1801
WisdomTree
WT
$3.21B
| $30.9M | 0.01% |
2,464,126
+104,915
| +4% | +$1.2M |
|
|
ZAYO
1802
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $30.9M | 0.01% |
839,322
+22,429
| +3% | +$793K |
|
1803
Citi Trends
CTRN
$582M
| $30.9M | 0.01% |
1,166,196
-52,490
| -4% | -$1.22M |
|
1804
Flexsteel Industries
FLXS
$317M
| $30.8M | 0.01% |
659,100
+2,652
| +0.4% | +$130K |
|
1805
H&R Block
HRB
$5.73B
| $30.8M | 0.01% |
1,174,134
+32,854
| +3% | +$853K |
|
1806
Future Fuel
FF
$215M
| $30.7M | 0.01% |
2,177,673
+68,787
| +3% | +$1.02M |
|
|
CSRA
1807
DELISTED
CSRA Inc.
CSRA
| $30.6M | 0.01% |
1,023,045
+627
| +0.1% | +$19K |
|
|
CDK
1808
DELISTED
CDK Global, Inc.
CDK
| $30.5M | 0.01% |
428,464
-3,666
| -0.8% | -$246K |
|
1809
Universal Electronics
UEIC
$59.6M
| $30.5M | 0.01% |
646,056
+48,989
| +8% | +$2.72M |
|
1810
Stock Yards Bancorp
SYBT
$2.62B
| $30.5M | 0.01% |
809,046
+8,178
| +1% | +$314K |
|
1811
Erie Indemnity
ERIE
$12.4B
| $30.5M | 0.01% |
250,313
+2,253
| +0.9% | +$273K |
|
1812
Camden National
CAC
$1B
| $30.5M | 0.01% |
722,818
+21,798
| +3% | +$949K |
|
1813
Atmos Energy
ATO
$28.9B
| $30.4M | 0.01% |
354,026
-10,557
| -3% | -$929K |
|
1814
1-800-Flowers.com
FLWS
$269M
| $30.3M | 0.01% |
2,834,831
+64,528
| +2% | +$644K |
|
1815
FirstEnergy
FE
$28B
| $30.3M | 0.01% |
988,721
+18,959
| +2% | +$616K |
|
|
ITG
1816
DELISTED
Investment Technology Group Inc
ITG
| $30.3M | 0.01% |
1,571,924
+963
| +0.1% | +$19.5K |
|
|
ITIC
1817
Investors Title Co
ITIC
$551M
| $30.2M | 0.01% |
152,458
-815
| -0.5% | -$157K |
|
1818
First Community Bankshares
FCBC
$904M
| $30.2M | 0.01% |
1,051,180
+25,677
| +3% | +$755K |
|
1819
Banco Santander Chile
BSAC
$16.4B
| $30.2M | 0.01% |
965,165
+25,870
| +3% | +$776K |
|
1820
American Public Education
APEI
$975M
| $30.2M | 0.01% |
1,204,792
+37,614
| +3% | +$876K |
|
|
CATM
1821
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $30.1M | 0.01% |
1,626,872
+290,544
| +22% | +$5.81M |
|
1822
Enbridge
ENB
$118B
| $30.1M | 0.01% |
768,897
+16,783
| +2% | +$646K |
|
1823
NiSource
NI
$21.3B
| $30M | 0.01% |
1,170,610
-65,747
| -5% | -$1.75M |
|
|
BRS
1824
DELISTED
Bristow Group, Inc.
BRS
| $30M | 0.01% |
2,224,840
+329,058
| +17% | +$3.9M |
|
|
FRGI
1825
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $29.9M | 0.01% |
1,574,908
+54,343
| +4% | +$978K |
|
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.