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 | |
|---|---|---|---|---|---|---|
1876
HEICO Corp
HEI
$50.9B
| $27.6M | 0.01% |
571,326
-4,090
| -0.7% | -$191K |
|
|
NSM
1877
DELISTED
Nationstar Mortgage Holdings
NSM
| $27.5M | 0.01% |
1,488,552
+593,420
| +66% | +$10.8M |
|
1878
IMAX
IMAX
$2.76B
| $27.5M | 0.01% |
1,188,522
+403,100
| +51% | +$9.49M |
|
|
VVC
1879
DELISTED
Vectren Corporation
VVC
| $27.5M | 0.01% |
423,179
+9,150
| +2% | +$614K |
|
|
DFRG
1880
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $27.4M | 0.01% |
1,796,085
+51,271
| +3% | +$729K |
|
1881
TAL Education Group
TAL
$6.53B
| $27.3M | 0.01% |
920,767
+165,142
| +22% | +$5.02M |
|
1882
Coca-Cola Femsa
KOF
$22.6B
| $27.3M | 0.01% |
391,817
+10,804
| +3% | +$755K |
|
|
FARM
1883
DELISTED
Farmer Brothers
FARM
| $27.2M | 0.01% |
846,314
+38,636
| +5% | +$1.28M |
|
1884
Ducommun
DCO
$2.78B
| $27.2M | 0.01% |
956,171
+5,326
| +0.6% | +$159K |
|
1885
Incyte
INCY
$23.9B
| $27.2M | 0.01% |
287,100
-90,759
| -24% | -$9.49M |
|
1886
Lindsay Corp
LNN
$1.16B
| $27.1M | 0.01% |
307,595
+18,347
| +6% | +$1.67M |
|
1887
New Oriental
EDU
$9B
| $27.1M | 0.01% |
288,047
-54,284
| -16% | -$4.82M |
|
1888
Titan Machinery
TITN
$429M
| $27M | 0.01% |
1,277,617
+162,985
| +15% | +$2.8M |
|
1889
CEVA Inc
CEVA
$978M
| $27M | 0.01% |
585,734
-31,929
| -5% | -$1.47M |
|
|
CUTR
1890
DELISTED
Cutera, Inc.
CUTR
| $27M | 0.01% |
595,352
-47,614
| -7% | -$2.01M |
|
1891
Monolithic Power Systems
MPWR
$69B
| $26.9M | 0.01% |
239,783
-17,908
| -7% | -$2.08M |
|
1892
Hackett Group
HCKT
$283M
| $26.9M | 0.01% |
1,710,019
-2,166
| -0.1% | -$33.6K |
|
1893
Crown Holdings
CCK
$12.9B
| $26.8M | 0.01% |
476,568
+17,644
| +4% | +$1.04M |
|
1894
America's Car Mart
CRMT
$29.1M
| $26.8M | 0.01% |
600,247
+26,639
| +5% | +$1.17M |
|
1895
Pitney Bowes
PBI
$2.52B
| $26.8M | 0.01% |
2,394,871
+5,131
| +0.2% | +$60.5K |
|
1896
German American Bancorp
GABC
$1.91B
| $26.8M | 0.01% |
757,436
+6,529
| +0.9% | +$239K |
|
1897
First Financial Corp
THFF
$981M
| $26.8M | 0.01% |
589,908
-3,121
| -0.5% | -$148K |
|
|
SYNT
1898
DELISTED
Syntel Inc
SYNT
| $26.7M | 0.01% |
1,162,955
+59,177
| +5% | +$1.4M |
|
|
LGF.B
1899
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $26.7M | 0.01% |
841,027
+113,212
| +16% | +$3.4M |
|
|
HTBK
1900
DELISTED
Heritage Commerce
HTBK
| $26.7M | 0.01% |
1,741,467
+89,083
| +5% | +$1.36M |
|
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.