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 | |
|---|---|---|---|---|---|---|
2076
AMC Global Media
AMCX
$450M
| $18.3M | 0.01% |
343,238
+43,525
| +15% | +$2.43M |
|
2077
FreightCar America
RAIL
$263M
| $18.3M | 0.01% |
1,051,992
+10,628
| +1% | +$166K |
|
2078
AXT Inc
AXTI
$2.42B
| $18.3M | 0.01% |
2,877,282
+284,259
| +11% | +$1.86M |
|
2079
Equinor
EQNR
$97.3B
| $18.2M | 0.01% |
1,102,766
-10,548
| -0.9% | -$181K |
|
|
CLD
2080
DELISTED
Cloud Peak Energy Inc
CLD
| $18.2M | 0.01% |
5,150,906
+751,657
| +17% | +$2.75M |
|
|
ALX
2081
Alexander's
ALX
$1.36B
| $18.1M | 0.01% |
42,997
+1,099
| +3% | +$467K |
|
|
REIS
2082
DELISTED
Reis, Inc.
REIS
| $18.1M | 0.01% |
851,880
+627
| +0.1% | +$12K |
|
2083
Bausch Health
BHC
$1.75B
| $18.1M | 0.01% |
1,045,775
+517,855
| +98% | +$6.21M |
|
2084
Vishay Precision Group
VPG
$1.08B
| $18M | 0.01% |
1,042,809
-1,833
| -0.2% | -$31.4K |
|
|
CUTR
2085
DELISTED
Cutera, Inc.
CUTR
| $18M | 0.01% |
693,366
-173,976
| -20% | -$3.8M |
|
|
ZEUS
2086
DELISTED
Olympic Steel
ZEUS
| $17.9M | 0.01% |
921,156
-4,918
| -0.5% | -$90.1K |
|
2087
Veeva Systems
VEEV
$33.8B
| $17.9M | 0.01% |
291,908
-7,111
| -2% | -$410K |
|
2088
Banco Bilbao Vizcaya Argentaria
BBVA
$142B
| $17.8M | 0.01% |
2,132,776
+29,885
| +1% | +$241K |
|
|
SRDX
2089
DELISTED
Surmodics
SRDX
| $17.8M | 0.01% |
630,777
+30,356
| +5% | +$733K |
|
2090
Hyatt Hotels
H
$17.5B
| $17.7M | 0.01% |
314,276
+10,693
| +4% | +$605K |
|
2091
Wheaton Precious Metals
WPM
$49.7B
| $17.7M | 0.01% |
888,051
+133,072
| +18% | +$2.72M |
|
2092
FRP Holdings
FRPH
$439M
| $17.7M | 0.01% |
765,020
+2,644
| +0.3% | +$56.9K |
|
|
HALL
2093
DELISTED
Hallmark Financial Services, Inc.
HALL
| $17.6M | 0.01% |
156,291
+689
| +0.4% | +$73.8K |
|
|
YELL
2094
DELISTED
Yellow Corporation Common Stock
YELL
| $17.6M | 0.01% |
1,583,122
+4,265
| +0.3% | +$42.4K |
|
2095
CareTrust REIT
CTRE
$10B
| $17.6M | 0.01% |
949,207
+79,261
| +9% | +$1.43M |
|
2096
Titan Machinery
TITN
$420M
| $17.6M | 0.01% |
977,624
+136,914
| +16% | +$2.25M |
|
2097
Agree Realty
ADC
$9.66B
| $17.5M | 0.01% |
382,450
+17,231
| +5% | +$818K |
|
2098
St. Joe Company
JOE
$3.55B
| $17.5M | 0.01% |
934,180
+157,877
| +20% | +$2.8M |
|
2099
PENN Entertainment
PENN
$2.84B
| $17.5M | 0.01% |
817,078
-648
| -0.1% | -$12.7K |
|
2100
RH
RH
$3.33B
| $17.3M | 0.01% |
268,661
-40,890
| -13% | -$2.16M |
|
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.