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 | |
|---|---|---|---|---|---|---|
|
AVHI
2101
DELISTED
A V Homes, Inc.
AVHI
| $18.4M | 0.01% |
1,102,395
+55,786
| +5% | +$956K |
|
2102
Boyd Gaming
BYD
$6.27B
| $18.3M | 0.01% |
523,436
-199
| -0% | -$6.02K |
|
2103
Equinor
EQNR
$93.1B
| $18.3M | 0.01% |
854,532
-207,746
| -20% | -$4.23M |
|
|
RPT
2104
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $18.3M | 0.01% |
1,239,571
+57,648
| +5% | +$798K |
|
2105
WPP
WPP
$4.44B
| $18.2M | 0.01% |
201,210
| – | – |
|
2106
Opko Health
OPK
$978M
| $18.2M | 0.01% |
3,708,089
-295,554
| -7% | -$1.71M |
|
2107
Capital City Bank Group
CCBG
$902M
| $18.1M | 0.01% |
789,552
+20,395
| +3% | +$495K |
|
|
EPAY
2108
DELISTED
Bottomline Technologies Inc
EPAY
| $18.1M | 0.01% |
521,500
-88,704
| -15% | -$2.97M |
|
2109
BioMarin Pharmaceuticals
BMRN
$11.7B
| $18M | 0.01% |
201,637
+4,975
| +3% | +$433K |
|
|
JKS
2110
JinkoSolar
JKS
$837M
| $18M | 0.01% |
746,574
-33,735
| -4% | -$849K |
|
2111
TripAdvisor
TRIP
$1.67B
| $18M | 0.01% |
521,270
+53,120
| +11% | +$1.92M |
|
2112
FreightCar America
RAIL
$280M
| $17.9M | 0.01% |
1,047,705
+2,262
| +0.2% | +$39K |
|
2113
Harmony Gold Mining
HMY
$10.5B
| $17.9M | 0.01% |
9,569,239
-48,944
| -0.5% | -$87.6K |
|
2114
American Coastal Insurance
ACIC
$535M
| $17.9M | 0.01% |
1,035,053
+109,625
| +12% | +$1.78M |
|
|
PNK
2115
DELISTED
Pinnacle Entertainment Inc.
PNK
| $17.8M | 0.01% |
545,246
+17,650
| +3% | +$492K |
|
|
SRDX
2116
DELISTED
Surmodics
SRDX
| $17.8M | 0.01% |
636,801
+2,103
| +0.3% | +$64.2K |
|
2117
Calix
CALX
$2.49B
| $17.8M | 0.01% |
2,994,490
-43,499
| -1% | -$263K |
|
|
SFS
2118
DELISTED
Smart & Final Stores, Inc.
SFS
| $17.8M | 0.01% |
2,077,693
+410,007
| +25% | +$3.17M |
|
2119
Hawkins
HWKN
$2.79B
| $17.7M | 0.01% |
1,007,028
+66,530
| +7% | +$1.27M |
|
|
NPTN
2120
DELISTED
NEOPHOTONICS CORP
NPTN
| $17.7M | 0.01% |
2,689,448
-313,096
| -10% | -$1.91M |
|
2121
Clean Energy Fuels
CLNE
$412M
| $17.6M | 0.01% |
8,692,072
+1,319,329
| +18% | +$2.91M |
|
2122
Tilly's
TLYS
$130M
| $17.6M | 0.01% |
1,195,393
+39,295
| +3% | +$527K |
|
2123
Barrett Business Services
BBSI
$984M
| $17.6M | 0.01% |
1,091,668
+33,588
| +3% | +$524K |
|
|
AVP
2124
DELISTED
Avon Products, Inc.
AVP
| $17.6M | 0.01% |
8,177,457
+278,147
| +4% | +$598K |
|
|
ALX
2125
Alexander's
ALX
$1.4B
| $17.6M | 0.01% |
44,376
+1,201
| +3% | +$495K |
|
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.