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 | |
|---|---|---|---|---|---|---|
|
WPG
2051
DELISTED
Washington Prime Group Inc.
WPG
| $20.5M | 0.01% |
320,408
+8,970
| +3% | +$609K |
|
|
ABB
2052
DELISTED
ABB Ltd
ABB
| $20.5M | 0.01% |
763,439
| – | – |
|
2053
Sonida Senior Living
SNDA
$1.83B
| $20.3M | 0.01% |
100,439
+649
| +0.7% | +$139K |
|
|
CCRN
2054
DELISTED
Cross Country Healthcare
CCRN
| $20.3M | 0.01% |
1,591,884
+143,157
| +10% | +$1.89M |
|
|
LGF.A
2055
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $20.3M | 0.01% |
599,483
+75,632
| +14% | +$2.38M |
|
|
COWN
2056
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $20.1M | 0.01% |
1,473,051
+119,958
| +9% | +$1.8M |
|
2057
Malibu Boats
MBUU
$575M
| $20.1M | 0.01% |
675,785
+102,965
| +18% | +$3.14M |
|
|
BELFB
2058
Bel Fuse Inc Class B
BELFB
$4.27B
| $20.1M | 0.01% |
797,025
+21,684
| +3% | +$621K |
|
|
QCP
2059
DELISTED
Quality Care Properties, Inc.
QCP
| $20M | 0.01% |
1,450,754
+26,045
| +2% | +$398K |
|
2060
Donnelley Financial Solutions
DFIN
$1.21B
| $20M | 0.01% |
1,025,748
+209,393
| +26% | +$4.28M |
|
|
ZEUS
2061
DELISTED
Olympic Steel
ZEUS
| $19.9M | 0.01% |
925,093
+2,889
| +0.3% | +$58.9K |
|
2062
Lifetime Brands
LCUT
$197M
| $19.8M | 0.01% |
1,202,294
| – | – |
|
|
DBD
2063
DELISTED
Diebold Nixdorf Incorporated
DBD
| $19.8M | 0.01% |
1,212,196
+35,768
| +3% | +$691K |
|
2064
OGE Energy
OGE
$9.8B
| $19.8M | 0.01% |
601,393
+9,450
| +2% | +$334K |
|
|
MCRN
2065
DELISTED
Milacron Holdings Corp.
MCRN
| $19.8M | 0.01% |
1,034,050
+322,885
| +45% | +$5.77M |
|
2066
DMC Global
BOOM
$150M
| $19.7M | 0.01% |
788,257
+19,735
| +3% | +$405K |
|
2067
CoStar Group
CSGP
$12.1B
| $19.7M | 0.01% |
664,510
-98,390
| -13% | -$2.88M |
|
|
TTM
2068
DELISTED
Tata Motors Limited
TTM
| $19.6M | 0.01% |
592,619
-6,173
| -1% | -$199K |
|
2069
Seneca Foods Class A
SENEA
$1.19B
| $19.6M | 0.01% |
636,672
+17,808
| +3% | +$590K |
|
|
CAVM
2070
DELISTED
Cavium, Inc.
CAVM
| $19.6M | 0.01% |
233,302
+8,567
| +4% | +$663K |
|
2071
Northrim BanCorp
NRIM
$601M
| $19.5M | 0.01% |
2,303,100
+69,268
| +3% | +$606K |
|
2072
Red Rock Resorts
RRR
$3.76B
| $19.5M | 0.01% |
577,421
+222,813
| +63% | +$6.21M |
|
2073
Korea Electric Power
KEP
$15.9B
| $19.4M | 0.01% |
1,097,718
+24,676
| +2% | +$431K |
|
|
LCI
2074
DELISTED
Lannett Company, Inc.
LCI
| $19.4M | 0.01% |
208,656
| – | – |
|
|
GSH
2075
DELISTED
Guangshen Railway Co. Ltd
GSH
| $19.3M | 0.01% |
575,543
-3,199
| -0.6% | -$93.1K |
|
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.