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 | |
|---|---|---|---|---|---|---|
|
ZIXI
2376
DELISTED
Zix Corporation
ZIXI
| $10M | ﹤0.01% |
2,291,651
+34,302
| +2% | +$161K |
|
|
NRE
2377
DELISTED
NorthStar Realty Europe Corp.
NRE
| $10M | ﹤0.01% |
745,130
+26,296
| +4% | +$364K |
|
2378
Green Brick Partners
GRBK
$3.15B
| $10M | ﹤0.01% |
884,778
+45,054
| +5% | +$495K |
|
2379
Independence Realty Trust
IRT
$4.03B
| $10M | ﹤0.01% |
990,843
+134,198
| +16% | +$1.38M |
|
|
FFWM
2380
DELISTED
First Foundation Inc
FFWM
| $9.99M | ﹤0.01% |
539,075
+96,341
| +22% | +$1.78M |
|
2381
Ceco Environmental
CECO
$4.04B
| $9.97M | ﹤0.01% |
1,943,772
+156,460
| +9% | +$1.05M |
|
2382
Hingham Institution for Saving
HIFS
$666M
| $9.96M | ﹤0.01% |
48,095
+919
| +2% | +$186K |
|
|
AVID
2383
DELISTED
Avid Technology Inc
AVID
| $9.94M | ﹤0.01% |
1,844,314
+38,575
| +2% | +$207K |
|
|
DS
2384
DELISTED
Drive Shack Inc.
DS
| $9.88M | ﹤0.01% |
1,787,277
+464,355
| +35% | +$2.21M |
|
|
SPWR
2385
DELISTED
SunPower Corporation Common Stock
SPWR
| $9.82M | ﹤0.01% |
1,779,189
-22,077
| -1% | -$114K |
|
|
ONIT
2386
Onity Group
ONIT
$321M
| $9.82M | ﹤0.01% |
209,065
-5,256
| -2% | -$264K |
|
|
DNR
2387
DELISTED
Denbury Resources, Inc.
DNR
| $9.8M | ﹤0.01% |
4,436,921
-235,497
| -5% | -$370K |
|
|
IBA
2388
DELISTED
Industrias Bachoco SAB De C.V.
IBA
| $9.79M | ﹤0.01% |
170,841
| – | – |
|
2389
CGI
GIB
$15B
| $9.76M | ﹤0.01% |
179,711
+3,971
| +2% | +$211K |
|
|
TREC
2390
DELISTED
Trecora Resources
TREC
| $9.76M | ﹤0.01% |
722,559
+53,783
| +8% | +$680K |
|
2391
Rogers Communications
RCI
$18.3B
| $9.68M | ﹤0.01% |
190,085
+7,935
| +4% | +$414K |
|
|
ISCA
2392
DELISTED
International Speedway Corp
ISCA
| $9.67M | ﹤0.01% |
242,584
-237,953
| -50% | -$9.45M |
|
2393
Eastern Company
EML
$147M
| $9.66M | ﹤0.01% |
369,436
+15,986
| +5% | +$452K |
|
|
QHC
2394
DELISTED
Quorum Health Corporation
QHC
| $9.64M | ﹤0.01% |
1,545,747
+160,812
| +12% | +$807K |
|
2395
El Pollo Loco
LOCO
$517M
| $9.54M | ﹤0.01% |
963,398
+260,839
| +37% | +$2.82M |
|
|
CMRX
2396
DELISTED
Chimerix, Inc.
CMRX
| $9.53M | ﹤0.01% |
2,057,718
+329,623
| +19% | +$1.57M |
|
2397
Graham Corp
GHM
$1.22B
| $9.52M | ﹤0.01% |
454,638
+27,175
| +6% | +$550K |
|
2398
Artesian Resources
ARTNA
$352M
| $9.43M | ﹤0.01% |
244,576
+6,577
| +3% | +$263K |
|
|
UBA
2399
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $9.38M | ﹤0.01% |
431,698
+6,943
| +2% | +$155K |
|
|
AOI
2400
DELISTED
Alliance One International
AOI
| $9.37M | ﹤0.01% |
707,437
+32,513
| +5% | +$404K |
|
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.