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 | |
|---|---|---|---|---|---|---|
2201
Cameco
CCJ
$40.5B
| $15.2M | 0.01% |
1,641,587
-63,560
| -4% | -$596K |
|
2202
PennyMac Financial
PFSI
$3.97B
| $15.1M | 0.01% |
674,264
+48,522
| +8% | +$956K |
|
|
STRP
2203
DELISTED
Straight Path Communications Inc.
STRP
| $15.1M | 0.01% |
82,893
| – | – |
|
|
LKSD
2204
DELISTED
LSC Communications, Inc.
LKSD
| $15.1M | 0.01% |
994,067
+259,104
| +35% | +$4.12M |
|
|
PRMW
2205
DELISTED
Primo Water Corporation
PRMW
| $15M | 0.01% |
898,422
+169,177
| +23% | +$2.72M |
|
|
CBL
2206
DELISTED
CBL& Associates Properties, Inc.
CBL
| $15M | 0.01% |
2,642,040
+26,191
| +1% | +$175K |
|
2207
Neurocrine Biosciences
NBIX
$16.9B
| $14.9M | 0.01% |
191,994
+10,243
| +6% | +$699K |
|
|
HK
2208
DELISTED
Halcon Resources Corporation
HK
| $14.8M | 0.01% |
1,950,458
+698,196
| +56% | +$4.79M |
|
2209
Methanex
MEOH
$4.2B
| $14.8M | 0.01% |
243,696
+95,297
| +64% | +$5.02M |
|
|
SPA
2210
DELISTED
Sparton
SPA
| $14.7M | 0.01% |
638,774
| – | – |
|
2211
Triumph Financial Inc
TFIN
$1.83B
| $14.7M | 0.01% |
465,967
+156,316
| +50% | +$4.94M |
|
|
HSKA
2212
DELISTED
Heska Corp
HSKA
| $14.6M | 0.01% |
182,531
+31,071
| +21% | +$2.74M |
|
|
MNTA
2213
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $14.6M | 0.01% |
1,044,342
+340,311
| +48% | +$4.6M |
|
2214
Foster
FSTR
$434M
| $14.6M | 0.01% |
536,586
+23,767
| +5% | +$572K |
|
2215
Compañía de Cervecerías Unidas
CCU
$2.12B
| $14.6M | 0.01% |
492,426
+25,435
| +5% | +$696K |
|
2216
Companhia Siderúrgica Nacional
SID
$1.23B
| $14.6M | 0.01% |
5,929,610
+3,100
| +0.1% | +$8K |
|
2217
Tiptree Inc
TIPT
$658M
| $14.5M | 0.01% |
2,443,999
+21,105
| +0.9% | +$138K |
|
2218
Biglari Holdings Class B
BH
$1.23B
| $14.5M | 0.01% |
52,563
+9,016
| +21% | +$2.17M |
|
|
ERF
2219
DELISTED
Enerplus Corporation
ERF
| $14.5M | 0.01% |
1,478,054
+492,202
| +50% | +$4.49M |
|
2220
Costamare
CMRE
$1.87B
| $14.5M | 0.01% |
2,507,594
+909,107
| +57% | +$5.39M |
|
2221
International Seaways
INSW
$4.71B
| $14.4M | 0.01% |
780,293
+218,914
| +39% | +$4.1M |
|
|
FFNW
2222
DELISTED
First Financial Northwest, Inc
FFNW
| $14.4M | 0.01% |
927,552
-1,804
| -0.2% | -$30K |
|
|
CLDT
2223
Chatham Lodging
CLDT
$614M
| $14.3M | 0.01% |
628,598
+54,750
| +10% | +$1.23M |
|
|
HDSN
2224
Hudson Technologies
HDSN
$262M
| $14.3M | 0.01% |
2,355,024
+303,789
| +15% | +$1.85M |
|
2225
Core Molding Technologies
CMT
$206M
| $14.3M | 0.01% |
658,280
| – | – |
|
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.