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 | |
|---|---|---|---|---|---|---|
|
AHT
2351
Ashford Hospitality Trust
AHT
$21M
| $10.9M | ﹤0.01% |
1,632
+61
| +4% | +$404K |
|
2352
Citizens
CIA
$235M
| $10.9M | ﹤0.01% |
1,476,239
-4,646
| -0.3% | -$35.4K |
|
|
ANCX
2353
DELISTED
Access National Corp
ANCX
| $10.8M | ﹤0.01% |
388,354
+26,905
| +7% | +$772K |
|
|
CSR
2354
Centerspace
CSR
$956M
| $10.8M | ﹤0.01% |
190,246
+6,170
| +3% | +$367K |
|
2355
PJT Partners
PJT
$4.45B
| $10.8M | ﹤0.01% |
236,285
+28,238
| +14% | +$1.15M |
|
|
ASCMA
2356
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $10.7M | ﹤0.01% |
928,711
+39,014
| +4% | +$469K |
|
2357
SandRidge Energy
SD
$487M
| $10.6M | ﹤0.01% |
505,290
+258,595
| +105% | +$4.82M |
|
2358
Fossil Group
FOSL
$349M
| $10.6M | ﹤0.01% |
1,368,995
-92,081
| -6% | -$713K |
|
|
ENV
2359
DELISTED
ENVESTNET, INC.
ENV
| $10.6M | ﹤0.01% |
213,244
-13,163
| -6% | -$681K |
|
2360
Telefônica Brasil
VIV
$19.5B
| $10.6M | ﹤0.01% |
712,256
+70,023
| +11% | +$1.08M |
|
2361
Tower Semiconductor
TSEM
$23.9B
| $10.6M | ﹤0.01% |
309,900
+76,589
| +33% | +$2.54M |
|
2362
First Bancorp
FNLC
$399M
| $10.5M | ﹤0.01% |
386,328
+18,130
| +5% | +$541K |
|
|
PCMI
2363
DELISTED
PCM, Inc
PCMI
| $10.5M | ﹤0.01% |
1,058,359
+41,747
| +4% | +$480K |
|
2364
Gencor Industries
GENC
$212M
| $10.4M | ﹤0.01% |
629,078
+51,809
| +9% | +$907K |
|
|
BOJA
2365
DELISTED
Bojangles', Inc. Common Stock
BOJA
| $10.4M | ﹤0.01% |
879,791
+372,718
| +74% | +$4.7M |
|
2366
ASE Group
ASX
$80.9B
| $10.4M | ﹤0.01% |
1,599,912
+182,538
| +13% | +$1.16M |
|
|
TESS
2367
DELISTED
Tessco Technologies Inc
TESS
| $10.4M | ﹤0.01% |
513,752
+17,586
| +4% | +$278K |
|
|
VOXX
2368
DELISTED
VOXX International Corporation Class A
VOXX
| $10.3M | ﹤0.01% |
1,846,016
+22,560
| +1% | +$147K |
|
2369
Willdan Group
WLDN
$1.12B
| $10.3M | ﹤0.01% |
430,363
+15,443
| +4% | +$419K |
|
2370
Greif Class B
GEF.B
$4.23B
| $10.3M | ﹤0.01% |
148,202
+11,614
| +9% | +$742K |
|
2371
Ambarella
AMBA
$3.59B
| $10.2M | ﹤0.01% |
172,765
| – | – |
|
2372
MACOM Technology Solutions
MTSI
$20.1B
| $10.1M | ﹤0.01% |
311,816
+55,202
| +22% | +$2M |
|
2373
Virtu Financial
VIRT
$5.16B
| $10.1M | ﹤0.01% |
553,703
-4,309
| -0.8% | -$69.8K |
|
|
RYZ
2374
Ryerson Holding Corp
RYZ
$1.43B
| $10.1M | ﹤0.01% |
970,341
+98,031
| +11% | +$914K |
|
|
DLPH
2375
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $10.1M | ﹤0.01% |
+192,297
| New | +$9.99M |
|
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.