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 | |
|---|---|---|---|---|---|---|
2001
Ingevity
NGVT
$2.46B
| $21M | 0.01% |
365,902
-81,190
| -18% | -$4.78M |
|
|
HDS
2002
DELISTED
HD Supply Holdings, Inc.
HDS
| $20.9M | 0.01% |
683,658
+14,197
| +2% | +$537K |
|
2003
Hawkins
HWKN
$2.9B
| $20.9M | 0.01% |
901,294
+58,270
| +7% | +$1.41M |
|
|
CBL
2004
DELISTED
CBL& Associates Properties, Inc.
CBL
| $20.9M | 0.01% |
2,476,704
+79,530
| +3% | +$683K |
|
2005
SiriusXM
SIRI
$11B
| $20.8M | 0.01% |
381,213
-905
| -0.2% | -$46.2K |
|
2006
AES
AES
$10.6B
| $20.7M | 0.01% |
1,858,784
+81,859
| +5% | +$940K |
|
2007
OGE Energy
OGE
$9.87B
| $20.6M | 0.01% |
593,531
-10,829
| -2% | -$379K |
|
|
OB
2008
DELISTED
Onebeacon Insurance Group Ltd
OB
| $20.6M | 0.01% |
1,132,263
+17,524
| +2% | +$306K |
|
|
WIN
2009
DELISTED
Windstream Holdings Inc
WIN
| $20.6M | 0.01% |
1,059,411
-15,330
| -1% | -$371K |
|
2010
Marcus & Millichap
MMI
$1.2B
| $20.5M | 0.01% |
779,424
+122,885
| +19% | +$3.08M |
|
|
DNB
2011
DELISTED
Dun & Bradstreet
DNB
| $20.5M | 0.01% |
189,949
-11,011
| -5% | -$1.18M |
|
2012
Entravision Communication
EVC
$1.02B
| $20.5M | 0.01% |
3,099,485
+215,270
| +7% | +$1.3M |
|
2013
Park Aerospace
PKE
$720M
| $20.4M | 0.01% |
1,108,296
+36,736
| +3% | +$638K |
|
2014
The Bancorp
TBBK
$2.81B
| $20.4M | 0.01% |
2,687,237
+233,451
| +10% | +$1.44M |
|
|
ABMD
2015
DELISTED
Abiomed Inc
ABMD
| $20.3M | 0.01% |
141,970
+3,830
| +3% | +$515K |
|
2016
TransUnion
TRU
$16B
| $20.3M | 0.01% |
469,589
+157,956
| +51% | +$6.55M |
|
2017
RCI Hospitality Holdings
RICK
$202M
| $20.3M | 0.01% |
849,941
-3,022
| -0.4% | -$59.5K |
|
|
IHC
2018
DELISTED
Independence Holding Company
IHC
| $20.3M | 0.01% |
990,861
+11,259
| +1% | +$215K |
|
2019
CoStar Group
CSGP
$12.2B
| $20.2M | 0.01% |
767,750
+17,600
| +2% | +$428K |
|
|
BRFS
2020
DELISTED
BRF SA
BRFS
| $20.2M | 0.01% |
1,716,252
-415,402
| -19% | -$5.32M |
|
2021
IDT Corp
IDT
$1.67B
| $20.2M | 0.01% |
1,660,740
+289,945
| +21% | +$3.76M |
|
2022
Applied Optoelectronics
AAOI
$6.14B
| $20.1M | 0.01% |
325,951
+65,678
| +25% | +$3.84M |
|
|
PCBK
2023
DELISTED
Pacific Continental Corp
PCBK
| $20M | 0.01% |
784,247
-872
| -0.1% | -$21.6K |
|
2024
PTC
PTC
$15.3B
| $20M | 0.01% |
363,267
-50,512
| -12% | -$2.78M |
|
|
ZAGG
2025
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $20M | 0.01% |
2,312,624
-64,943
| -3% | -$518K |
|
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.