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
|
+$337M |
| 2 |
DXC Technology
DXC
|
+$230M |
| 3 |
JHG
Janus Henderson
JHG
|
+$189M |
| 4 |
American Tower
AMT
|
+$183M |
| 5 |
AT&T
T
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$190M |
| 2 |
SWC
Stillwater Mining Co
SWC
|
+$153M |
| 3 |
PVTB
PrivateBancorp Inc
PVTB
|
+$133M |
| 4 |
JNS
Janus Capital Group Inc
JNS
|
+$122M |
| 5 |
WNR
Western Refining Inc
WNR
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.16% |
| 2 | Industrials | 13.53% |
| 3 | Technology | 12.72% |
| 4 | Consumer Discretionary | 9.98% |
| 5 | Healthcare | 9.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BKMU
1901
DELISTED
Bank Mutual Corp
BKMU
| $24.5M | 0.01% |
2,682,828
+135,017
| +5% | +$1.25M |
|
|
ZAYO
1902
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $24.5M | 0.01% |
794,031
+246,126
| +45% | +$8.05M |
|
|
BFIN
1903
DELISTED
BankFinancial
BFIN
| $24.4M | 0.01% |
1,637,539
-40,356
| -2% | -$597K |
|
1904
Mistras Group
MG
$477M
| $24.4M | 0.01% |
1,111,035
+69,211
| +7% | +$1.49M |
|
1905
Extreme Networks
EXTR
$3.8B
| $24.4M | 0.01% |
2,645,025
-4,404
| -0.2% | -$39K |
|
|
BGFV
1906
DELISTED
Big 5 Sporting Goods
BGFV
| $24.4M | 0.01% |
1,867,803
+12,462
| +0.7% | +$179K |
|
|
ATHN
1907
DELISTED
Athenahealth, Inc.
ATHN
| $24.3M | 0.01% |
173,106
+51,456
| +42% | +$6.43M |
|
1908
SPX Corp
SPXC
$9.39B
| $24.3M | 0.01% |
967,014
+37,135
| +4% | +$927K |
|
1909
MDU Resources
MDU
$4.18B
| $24.3M | 0.01% |
2,437,609
+75,370
| +3% | +$771K |
|
1910
Superior Group of Companies
SGC
$199M
| $24.2M | 0.01% |
1,084,709
+5,545
| +0.5% | +$108K |
|
|
VRN
1911
DELISTED
Veren
VRN
| $24.2M | 0.01% |
3,166,604
-54,666
| -2% | -$511K |
|
1912
Powell Industries
POWL
$6.79B
| $24.2M | 0.01% |
2,270,148
+86,457
| +4% | +$961K |
|
|
OCLR
1913
DELISTED
Oclaro Inc.
OCLR
| $24.2M | 0.01% |
2,590,749
+115,378
| +5% | +$1.04M |
|
|
PRAH
1914
DELISTED
PRA Health Sciences, Inc.
PRAH
| $24.2M | 0.01% |
322,262
+26,288
| +9% | +$1.82M |
|
1915
Dr. Reddy's Laboratories
RDY
$9.8B
| $24.2M | 0.01% |
2,868,690
+20,810
| +0.7% | +$169K |
|
1916
Rayonier Advanced Materials
RYAM
$562M
| $24M | 0.01% |
1,527,856
+116,572
| +8% | +$1.66M |
|
|
SVU
1917
DELISTED
SUPERVALU Inc.
SVU
| $24M | 0.01% |
1,042,831
+271,861
| +35% | +$7.24M |
|
|
SIR
1918
DELISTED
SELECT INCOME REIT
SIR
| $24M | 0.01% |
2,269,165
+52,419
| +2% | +$572K |
|
|
VVC
1919
DELISTED
Vectren Corporation
VVC
| $24M | 0.01% |
409,935
+6,713
| +2% | +$403K |
|
|
FRAN
1920
DELISTED
Francesca's Holdings Corporation
FRAN
| $23.9M | 0.01% |
181,827
+11,567
| +7% | +$1.88M |
|
|
EGN
1921
DELISTED
Energen
EGN
| $23.8M | 0.01% |
483,038
+4,732
| +1% | +$252K |
|
1922
Miller Industries
MLR
$577M
| $23.8M | 0.01% |
957,650
-1,454
| -0.2% | -$36.6K |
|
1923
Amphastar Pharmaceuticals
AMPH
$907M
| $23.8M | 0.01% |
1,331,842
+270,654
| +26% | +$4.29M |
|
|
SRGA
1924
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $23.7M | 0.01% |
135,231
+5,230
| +4% | +$744K |
|
1925
National Grid
NGG
$79.3B
| $23.7M | 0.01% |
426,927
+47,712
| +13% | +$2.91M |
|
Similar funds
Dimensional Fund Advisors's Q2 2017 Portfolio in Review
As of Q2 2017, Dimensional Fund Advisors held 3,388 positions worth $217B, up 3.5% from $209B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Trading was light in Q2 2017: portfolio turnover was 4.8%. Dimensional Fund Advisors opened 86 new positions and exited 78, leaving the 3,388-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q2 2017 buy was DXC Technology: 3,463,430 shares worth $230M.
- Dimensional Fund Advisors added most to Wells Fargo in Q2 2017, an estimated $337M increase.
- Dimensional Fund Advisors's biggest Q2 2017 reduction was Hewlett Packard, cutting an estimated $97.6M.
- Dimensional Fund Advisors fully exited Yahoo Inc in Q2 2017, selling an estimated $190M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $217B portfolio in Q2 2017.
- Dimensional Fund Advisors opened 86 new positions and closed 78 in Q2 2017.
- Dimensional Fund Advisors's portfolio value rose 3.5% quarter-over-quarter to $217B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2017, filed 11 Aug 2017.