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 | |
|---|---|---|---|---|---|---|
|
HCCI
2226
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $14.3M | 0.01% |
655,849
+141,507
| +28% | +$2.85M |
|
2227
Pan American Silver
PAAS
$20.2B
| $14.2M | 0.01% |
911,595
+118,108
| +15% | +$1.87M |
|
|
CTO
2228
CTO Realty Growth
CTO
$817M
| $14.2M | 0.01% |
822,582
+30,496
| +4% | +$498K |
|
2229
Old Second Bancorp
OSBC
$1.31B
| $14.2M | 0.01% |
1,036,738
+2,345
| +0.2% | +$31.1K |
|
2230
Distribution Solutions Group
DSGR
$1.61B
| $14.1M | 0.01% |
1,143,314
-7,336
| -0.6% | -$92.4K |
|
|
TBNK
2231
DELISTED
Territorial Bancorp Inc.
TBNK
| $14.1M | 0.01% |
457,469
+10,110
| +2% | +$319K |
|
2232
Allient
ALNT
$1.61B
| $14.1M | 0.01% |
637,270
+14,877
| +2% | +$302K |
|
|
SHLO
2233
DELISTED
Shiloh Industries Inc
SHLO
| $14M | 0.01% |
1,713,087
+181,556
| +12% | +$1.65M |
|
2234
National CineMedia
NCMI
$386M
| $14M | 0.01% |
204,731
+23,712
| +13% | +$1.58M |
|
|
FDC
2235
DELISTED
First Data Corporation
FDC
| $14M | 0.01% |
838,597
+130,695
| +18% | +$2.25M |
|
|
UHT
2236
Universal Health Realty Income Trust
UHT
$587M
| $14M | 0.01% |
185,963
+6,047
| +3% | +$453K |
|
2237
Under Armour Class C
UA
$2.84B
| $13.9M | 0.01% |
1,041,903
+16,839
| +2% | +$220K |
|
2238
RELX
RELX
$64B
| $13.8M | 0.01% |
583,505
+4,456
| +0.8% | +$103K |
|
2239
York Water
YORW
$500M
| $13.8M | 0.01% |
407,687
+3,709
| +0.9% | +$131K |
|
2240
Liberty Global Class C
LBTYK
$3.51B
| $13.8M | 0.01% |
408,160
| – | – |
|
|
SNBC
2241
DELISTED
Sun Bancorp Inc
SNBC
| $13.7M | 0.01% |
565,378
| – | – |
|
|
CSW
2242
CSW Industrials
CSW
$5.66B
| $13.7M | 0.01% |
298,388
+55,950
| +23% | +$2.64M |
|
|
BGFV
2243
DELISTED
Big 5 Sporting Goods
BGFV
| $13.7M | 0.01% |
1,802,670
+62,145
| +4% | +$448K |
|
|
MCBC
2244
DELISTED
Macatawa Bank Corp
MCBC
| $13.7M | 0.01% |
1,367,990
+43,030
| +3% | +$434K |
|
2245
Village Super Market
VLGEA
$642M
| $13.6M | 0.01% |
594,539
+34,188
| +6% | +$825K |
|
|
ACHN
2246
DELISTED
Achillion Pharmaceuticals
ACHN
| $13.6M | 0.01% |
4,727,583
+1,451,507
| +44% | +$5.27M |
|
2247
Willis Lease Finance
WLFC
$1.64B
| $13.6M | 0.01% |
1,635,444
-1,824
| -0.1% | -$15.2K |
|
|
FRAN
2248
DELISTED
Francesca's Holdings Corporation
FRAN
| $13.6M | 0.01% |
154,922
+29,505
| +24% | +$2.48M |
|
2249
STRATTEC Security
STRT
$374M
| $13.6M | 0.01% |
311,941
+6,382
| +2% | +$278K |
|
2250
Lennar Class B
LEN.B
$20.6B
| $13.5M | 0.01% |
274,972
+42,183
| +18% | +$1.95M |
|
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.