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 | |
|---|---|---|---|---|---|---|
1851
AMC Entertainment Holdings
AMC
$2.54B
| $29.1M | 0.01% |
192,818
-16,344
| -8% | -$2.29M |
|
|
ATHN
1852
DELISTED
Athenahealth, Inc.
ATHN
| $29.1M | 0.01% |
218,819
+28,143
| +15% | +$3.6M |
|
1853
VeriSign
VRSN
$27B
| $29M | 0.01% |
253,448
+923
| +0.4% | +$103K |
|
1854
Pilgrim's Pride
PPC
$6.65B
| $28.9M | 0.01% |
930,455
-4,020
| -0.4% | -$131K |
|
|
HIBB
1855
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $28.6M | 0.01% |
1,400,425
+323,322
| +30% | +$5.34M |
|
1856
Natural Gas Services Group
NGS
$468M
| $28.5M | 0.01% |
1,087,793
+492
| +0% | +$13.1K |
|
|
PDLI
1857
DELISTED
PDL BioPharma, Inc.
PDLI
| $28.5M | 0.01% |
10,388,372
+1,680,911
| +19% | +$5.16M |
|
1858
Cheniere Energy
LNG
$54.1B
| $28.4M | 0.01% |
527,832
+6,221
| +1% | +$300K |
|
1859
Mistras Group
MG
$500M
| $28.4M | 0.01% |
1,210,466
+42,305
| +4% | +$922K |
|
|
CLD
1860
DELISTED
Cloud Peak Energy Inc
CLD
| $28.4M | 0.01% |
6,371,472
+823,962
| +15% | +$3.46M |
|
|
CARB
1861
DELISTED
Carbonite Inc
CARB
| $28.4M | 0.01% |
1,129,470
+26,310
| +2% | +$611K |
|
|
UCFC
1862
DELISTED
United Community Financial Corp
UCFC
| $28.3M | 0.01% |
3,101,844
+33,648
| +1% | +$320K |
|
|
BKMU
1863
DELISTED
Bank Mutual Corp
BKMU
| $28.3M | 0.01% |
2,657,650
-2,251
| -0.1% | -$23.5K |
|
|
GLDD
1864
DELISTED
Great Lakes Dredge & Dock
GLDD
| $28.2M | 0.01% |
5,215,739
+86,383
| +2% | +$440K |
|
|
DISH
1865
DELISTED
DISH Network Corp.
DISH
| $28.1M | 0.01% |
589,517
+6,354
| +1% | +$317K |
|
1866
DXP Enterprises
DXPE
$2.53B
| $28.1M | 0.01% |
950,117
+29,077
| +3% | +$846K |
|
1867
Lattice Semiconductor
LSCC
$18B
| $28.1M | 0.01% |
4,858,787
-66,490
| -1% | -$390K |
|
1868
NewMarket
NEU
$7.86B
| $28M | 0.01% |
70,490
+1,319
| +2% | +$534K |
|
1869
Wingstop
WING
$3.55B
| $28M | 0.01% |
718,571
+170,988
| +31% | +$6.3M |
|
|
CTRL
1870
DELISTED
Control4 Corporation
CTRL
| $27.9M | 0.01% |
938,897
+23,485
| +3% | +$729K |
|
1871
Exelixis
EXEL
$13.8B
| $27.9M | 0.01% |
916,403
+350,755
| +62% | +$9.33M |
|
1872
DHT Holdings
DHT
$2.98B
| $27.8M | 0.01% |
7,747,314
| – | – |
|
|
SCMP
1873
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $27.8M | 0.01% |
1,547,788
+62,628
| +4% | +$771K |
|
1874
AXT Inc
AXTI
$4.49B
| $27.8M | 0.01% |
3,191,122
+108,456
| +4% | +$991K |
|
|
TAST
1875
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $27.7M | 0.01% |
2,278,909
+91,353
| +4% | +$1.08M |
|
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.