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 | |
|---|---|---|---|---|---|---|
|
JUNO
2001
DELISTED
Juno Therapeutics, Inc.
JUNO
| $22.6M | 0.01% |
495,103
+102,129
| +26% | +$5.09M |
|
2002
PDF Solutions
PDFS
$2.16B
| $22.6M | 0.01% |
1,440,381
+105,297
| +8% | +$1.69M |
|
2003
News Corp Class B
NWS
$17.4B
| $22.5M | 0.01% |
1,357,213
-178,724
| -12% | -$2.73M |
|
2004
Sabre
SABR
$854M
| $22.5M | 0.01% |
1,096,780
+30,960
| +3% | +$593K |
|
2005
Park Aerospace
PKE
$807M
| $22.4M | 0.01% |
1,141,550
+12,656
| +1% | +$241K |
|
2006
AES
AES
$10.5B
| $22.4M | 0.01% |
2,070,624
+111,626
| +6% | +$1.21M |
|
2007
Winmark
WINA
$1.28B
| $22.3M | 0.01% |
172,365
+2,699
| +2% | +$357K |
|
2008
Advanced Micro Devices
AMD
$861B
| $22.2M | 0.01% |
2,156,783
-795,337
| -27% | -$9.29M |
|
2009
Smith & Wesson
SWBI
$666M
| $22.1M | 0.01% |
2,243,939
-103,440
| -4% | -$1.12M |
|
|
OMN
2010
DELISTED
OMNOVA Solutions Inc.
OMN
| $22.1M | 0.01% |
2,211,585
+17,258
| +0.8% | +$184K |
|
2011
Alnylam Pharmaceuticals
ALNY
$29.2B
| $22.1M | 0.01% |
173,757
-6,301
| -3% | -$792K |
|
2012
Evolent Health
EVH
$346M
| $22M | 0.01% |
1,786,361
+978,609
| +121% | +$13.8M |
|
|
UNVR
2013
DELISTED
Univar Solutions Inc.
UNVR
| $21.9M | 0.01% |
708,641
+43,032
| +6% | +$1.28M |
|
2014
Imperial Oil
IMO
$62.1B
| $21.9M | 0.01% |
703,256
+41,591
| +6% | +$1.29M |
|
2015
Lamb Weston
LW
$7.29B
| $21.9M | 0.01% |
388,408
+19,752
| +5% | +$1.04M |
|
|
VRTV
2016
DELISTED
VERITIV CORPORATION
VRTV
| $21.9M | 0.01% |
757,675
+61,519
| +9% | +$1.79M |
|
2017
Dr. Reddy's Laboratories
RDY
$10.1B
| $21.9M | 0.01% |
2,914,520
+4,830
| +0.2% | +$34.8K |
|
2018
AdvanSix
ASIX
$545M
| $21.9M | 0.01% |
519,661
+70,257
| +16% | +$3.01M |
|
|
GBNK
2019
DELISTED
Guaranty Bancorp
GBNK
| $21.9M | 0.01% |
790,289
+26,591
| +3% | +$756K |
|
2020
Agree Realty
ADC
$9.47B
| $21.8M | 0.01% |
424,346
+13,355
| +3% | +$662K |
|
|
SIGM
2021
DELISTED
Sigma Designs Inc
SIGM
| $21.8M | 0.01% |
3,132,063
-7,527
| -0.2% | -$47.2K |
|
|
TI
2022
DELISTED
Telecom Italia
TI
| $21.7M | 0.01% |
2,517,413
| – | – |
|
|
REV
2023
DELISTED
Revlon, Inc.
REV
| $21.7M | 0.01% |
996,398
-25,411
| -2% | -$563K |
|
|
BAS
2024
DELISTED
Basis Energy Services, Inc.
BAS
| $21.7M | 0.01% |
923,403
+475,588
| +106% | +$9.89M |
|
2025
Four Corners Property Trust
FCPT
$2.76B
| $21.6M | 0.01% |
839,696
+29,354
| +4% | +$752K |
|
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.