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 | |
|---|---|---|---|---|---|---|
2076
SiriusXM
SIRI
$10.4B
| $19.3M | 0.01% |
359,675
-20,775
| -5% | -$1.15M |
|
2077
Teva Pharmaceuticals
TEVA
$40.1B
| $19.3M | 0.01% |
1,016,883
-18,952
| -2% | -$285K |
|
2078
Arrow Financial
AROW
$674M
| $19.3M | 0.01% |
677,632
+30,070
| +5% | +$888K |
|
|
DHIL
2079
DELISTED
Diamond Hill
DHIL
| $19.2M | 0.01% |
92,877
+8,228
| +10% | +$1.73M |
|
2080
Tootsie Roll Industries
TR
$2.98B
| $19.2M | 0.01% |
687,499
-3,594
| -0.5% | -$101K |
|
2081
Travere Therapeutics
TVTX
$5.21B
| $19.2M | 0.01% |
909,803
+12,988
| +1% | +$297K |
|
2082
Omega Flex
OFLX
$311M
| $19.2M | 0.01% |
268,276
+16,401
| +7% | +$1.09M |
|
2083
Tyler Technologies
TYL
$12.8B
| $19M | 0.01% |
107,172
-12,846
| -11% | -$2.28M |
|
|
HDNG
2084
DELISTED
Hardinge Inc
HDNG
| $19M | 0.01% |
1,089,125
+7,595
| +0.7% | +$126K |
|
2085
Houlihan Lokey
HLI
$8.96B
| $18.9M | 0.01% |
415,204
+85,971
| +26% | +$3.68M |
|
2086
Intrepid Potash
IPI
$456M
| $18.8M | 0.01% |
395,785
+77,679
| +24% | +$3.03M |
|
|
RLH
2087
DELISTED
Red Lions Hotel Corporation
RLH
| $18.8M | 0.01% |
1,912,381
+90,669
| +5% | +$808K |
|
|
GNBC
2088
DELISTED
Green Bancorp, Inc
GNBC
| $18.8M | 0.01% |
927,805
+211,182
| +29% | +$4.69M |
|
2089
Bristow Group
VTOL
$1.41B
| $18.7M | 0.01% |
871,145
+22,657
| +3% | +$476K |
|
|
MGP
2090
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $18.7M | 0.01% |
640,810
+308,347
| +93% | +$9.04M |
|
2091
United States Lime & Minerals
USLM
$3.32B
| $18.6M | 0.01% |
1,207,185
+83,550
| +7% | +$1.44M |
|
|
ITCI
2092
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $18.6M | 0.01% |
1,281,975
+342,995
| +37% | +$5.3M |
|
|
PES
2093
DELISTED
Pioneer Energy Services Corp.
PES
| $18.5M | 0.01% |
6,080,537
+153,625
| +3% | +$336K |
|
|
NSA
2094
DELISTED
National Storage Affiliates Trust
NSA
| $18.5M | 0.01% |
679,278
+62,837
| +10% | +$1.62M |
|
2095
Dorian LPG
LPG
$1.86B
| $18.5M | 0.01% |
2,248,369
+561,207
| +33% | +$4.31M |
|
2096
Zillow
Z
$8.3B
| $18.5M | 0.01% |
450,964
+28,528
| +7% | +$1.17M |
|
2097
Banco de Chile
BCH
$20.9B
| $18.4M | 0.01% |
584,434
-29,089
| -5% | -$852K |
|
2098
Innoviva
INVA
$1.54B
| $18.4M | 0.01% |
1,297,231
+315,377
| +32% | +$4.21M |
|
|
CUK
2099
DELISTED
Carnival PLC
CUK
| $18.4M | 0.01% |
277,433
-33,266
| -11% | -$2.21M |
|
|
ZGNX
2100
DELISTED
Zogenix, Inc.
ZGNX
| $18.4M | 0.01% |
458,404
-2,760
| -0.6% | -$106K |
|
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.