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 | |
|---|---|---|---|---|---|---|
|
SIR
1901
DELISTED
SELECT INCOME REIT
SIR
| $26.7M | 0.01% |
2,414,917
+67,972
| +3% | +$743K |
|
|
ACET
1902
DELISTED
Aceto Corp
ACET
| $26.7M | 0.01% |
2,581,846
+143,384
| +6% | +$1.51M |
|
1903
Pearson
PSO
$10B
| $26.5M | 0.01% |
2,703,037
-188,163
| -7% | -$1.73M |
|
|
SWN
1904
DELISTED
Southwestern Energy Company
SWN
| $26.4M | 0.01% |
4,736,559
+2,300,982
| +94% | +$13.4M |
|
|
CHUY
1905
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $26.4M | 0.01% |
941,573
+71,363
| +8% | +$1.69M |
|
1906
Vistra
VST
$50.4B
| $26.4M | 0.01% |
1,440,124
+1,407,895
| +4,368% | +$26.4M |
|
|
DPLO
1907
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $26.4M | 0.01% |
1,313,081
+418,412
| +47% | +$8.23M |
|
1908
Spok Holdings
SPOK
$232M
| $26.4M | 0.01% |
1,683,661
-9,125
| -0.5% | -$153K |
|
1909
Bio-Techne
TECH
$11.2B
| $26.3M | 0.01% |
812,752
+17,108
| +2% | +$544K |
|
|
GRA
1910
DELISTED
W.R. Grace & Co.
GRA
| $26.2M | 0.01% |
373,929
+3,871
| +1% | +$280K |
|
1911
Terreno Realty
TRNO
$7.48B
| $26.2M | 0.01% |
747,014
+46,665
| +7% | +$1.72M |
|
1912
Moelis & Co
MC
$5.18B
| $26.2M | 0.01% |
539,391
+14,110
| +3% | +$637K |
|
|
BKI
1913
DELISTED
Black Knight, Inc. Common Stock
BKI
| $26.1M | 0.01% |
591,118
+461,214
| +355% | +$20.8M |
|
1914
Vishay Precision Group
VPG
$1.31B
| $26.1M | 0.01% |
1,036,815
+7,958
| +0.8% | +$201K |
|
1915
Harmonic Inc
HLIT
$1.35B
| $26.1M | 0.01% |
6,206,856
+32,950
| +0.5% | +$124K |
|
1916
MDU Resources
MDU
$4.14B
| $26.1M | 0.01% |
2,549,629
+92,459
| +4% | +$947K |
|
|
BLUE
1917
DELISTED
bluebird bio
BLUE
| $26.1M | 0.01% |
11,292
+484
| +4% | +$983K |
|
|
LFC
1918
DELISTED
China Life Insurance Company Ltd.
LFC
| $26M | 0.01% |
1,665,703
-132,712
| -7% | -$2.16M |
|
1919
Peapack-Gladstone Financial
PGC
$833M
| $26M | 0.01% |
742,211
+58,018
| +8% | +$1.99M |
|
|
LTC
1920
LTC Properties
LTC
$1.95B
| $25.9M | 0.01% |
595,849
+15,691
| +3% | +$727K |
|
1921
Quad
QUAD
$526M
| $25.9M | 0.01% |
1,147,895
+51,723
| +5% | +$1.17M |
|
1922
Chefs' Warehouse
CHEF
$4.51B
| $25.8M | 0.01% |
1,260,071
+104,422
| +9% | +$2.09M |
|
|
AGU
1923
DELISTED
Agrium
AGU
| $25.8M | 0.01% |
224,174
+299
| +0.1% | +$32.4K |
|
|
LSXMA
1924
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $25.7M | 0.01% |
897,001
-3,297
| -0.4% | -$99.4K |
|
1925
PENN Entertainment
PENN
$2.71B
| $25.7M | 0.01% |
818,712
-154
| -0% | -$4.16K |
|
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.