13F filer · CIK 354204 ↗
Dimensional Fund Advisors LP
You are looking at Q4 2017. See the latest, Q2 2026 →
Reported value
$241.23B
+5.4% on the quarter before
Positions
3,323
90 new · 102 sold out
Top 10
9.4%
of the value
Est. gain
+$11.02B
on stocks held all quarter
Est. return
+5.0%
on those stocks since Q3 2017
Positions as of Dec 31, 2017, from Dimensional Fund Advisors LP's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 15% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2017. Striped tiles are options.
Largest buys
Since Q3 2017, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Wells Fargo Co New~$324.5MAdded · 0.8% → 1.0%+5,348,099 shares
- Chevron Corp New~$174.3MAdded · 0.6% → 0.6%+1,392,381 shares
- Cnx Resources Corporation~$171.7MNew · 0.0% → 0.1%+11,735,056 shares
- Sterling Bancorp Del~$168.3MAdded · 0.1% → 0.1%+6,840,017 shares
- American Tower~$146.3MAdded · 0.1% → 0.2%+1,025,574 shares
- Whiting Pete Corp New~$131.3MNew · 0.0% → 0.1%+4,959,186 shares
- Bancorpsouth Bk Tupelo Miss~$129.2MNew · 0.0% → 0.1%+4,108,116 shares
- Exxon Mobil Corp~$124.4MAdded · 1.0% → 1.0%+1,487,071 shares
- Crown Castle Intl Corp New~$109.5MAdded · 0.1% → 0.1%+986,082 shares
- Manitowoc Co Inc~$89.8MNew · 0.0% → 0.0%+2,282,764 shares
Largest sells
Since Q3 2017, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Citigroup Inc~$206.4MCut · 0.6% → 0.5%−2,773,318 shares
- Cisco~$203.7MCut · 0.7% → 0.7%−5,319,044 shares
- Astoria Finl Corp~$183.9MSold out · 0.1% → 0.0%−8,555,186 shares
- Consol Energy Inc~$183.0MSold out · 0.1% → 0.0%−10,802,888 shares
- Digitalglobe Inc~$181.0MSold out · 0.1% → 0.0%−5,136,225 shares
- Csx Corp~$143.3MCut · 0.2% → 0.1%−2,604,516 shares
- Alere Inc~$136.9MSold out · 0.1% → 0.0%−2,684,018 shares
- Bancorpsouth Inc~$131.5MSold out · 0.1% → 0.0%−4,104,460 shares
- Whiting Pete Corp New~$126.6MSold out · 0.1% → 0.0%−23,189,114 shares
- Rice Energy Inc~$117.1MSold out · 0.1% → 0.0%−4,046,872 shares
Holdings
As of Dec 31, 2017. Changes are in shares against Sep 30, 2017, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jpmorgan Chase & CoCOM · shares −2.4% · price +12.0% | 1.2% | $3.00B | +$320.7M | ||||||||
| AppleCOM · shares −2.1% · price +9.8% | 1.1% | $2.73B | +$243.7M | ||||||||
| AT&TCOM · shares +1.9% · price −0.7% | 1.1% | $2.71B | −$19.6M | ||||||||
| Exxon Mobil CorpCOM · shares +5.3% · price +2.0% | 1.0% | $2.46B | +$46.4M | ||||||||
| Wells Fargo Co NewCOM · shares +15% · price +10.0% | 1.0% | $2.46B | +$194.5M | ||||||||
| IntelCOM · shares −0.8% · price +21.2% | 0.97% | $2.34B | +$409.1M | ||||||||
| Comcast Corp NewCLA · shares +0.8% · price +4.1% | 0.89% | $2.14B | +$83.7M | ||||||||
| MicrosoftCOM · shares +2.7% · price +14.8% | 0.69% | $1.67B | +$209.7M | ||||||||
| CiscoCOM · shares −11% · price +13.9% | 0.69% | $1.66B | +$203.0M | ||||||||
| Bank Amer CorpCOM · shares −3.0% · price +16.5% | 0.68% | $1.63B | +$231.5M | ||||||||
| Chevron Corp NewCOM · shares +13% · price +6.5% | 0.65% | $1.56B | +$85.3M | ||||||||
| Pfizer IncCOM · shares −2.0% · price +1.5% | 0.63% | $1.53B | +$22.0M | ||||||||
| Wal-Mart Stores IncCOM · shares −1.6% · price +26.4% | 0.60% | $1.44B | +$300.2M | ||||||||
| AmazonCOM · shares +2.7% · price +21.7% | 0.51% | $1.24B | +$215.2M | ||||||||
| Citigroup IncCOM · shares −15% · price +2.3% | 0.50% | $1.21B | +$27.2M | ||||||||
| Johnson & JohnsonCOM · shares +1.3% · price +7.5% | 0.40% | $963.8M | +$66.2M | ||||||||
| MetaCLA · shares +1.9% · price +3.3% | 0.33% | $801.3M | +$25.0M | ||||||||
| Time Warner IncCOM · shares −0.6% · price −10.7% | 0.33% | $799.5M | −$95.9M | ||||||||
| Cvs Health CorpCOM · shares +0.1% · price −10.8% | 0.33% | $788.2M | −$95.7M | ||||||||
| Bp PlcADR · shares −1.8% · price +9.4% | 0.32% | $782.2M | +$67.0M | ||||||||
| Charter Communications Inc NCLA · shares −0.4% · price −7.5% | 0.32% | $770.0M | −$62.9M | ||||||||
| QualcommCOM · shares +7.1% · price +23.5% | 0.32% | $769.3M | +$136.7M | ||||||||
| Simon Ppty Group Inc NewCOM · shares −1.5% · price +6.7% | 0.31% | $754.6M | +$47.1M | ||||||||
| Medtronic PlcCLA · shares −1.5% · price +3.8% | 0.29% | $695.4M | +$25.7M | ||||||||
| Verizon Communications IncCOM · shares +3.5% · price +7.0% | 0.29% | $693.9M | +$43.6M | ||||||||
| Total · 3,323 positions | 100% | $241.23B | +$11.02B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q3 2017 to Q4 2017: 3,233 stocks held throughout, up $11.02B (+5.0%).
- Intel+$409.1M+21%
- Jpmorgan Chase & Co+$320.7M+12%
- Wal-Mart Stores Inc+$300.2M+26%
- Apple+$243.7M+10%
- Bank Amer Corp+$231.5M+17%
- Allergan Plc−$68.1M−20%
- Celgene Corp−$76.5M−28%
- Cvs Health Corp−$95.7M−11%
- Time Warner Inc−$95.9M−11%
- General Electric Co−$147.0M−28%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 3 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 11, 2026 | $551.84B+15% | SEC ↗ |
| Q1 2026 | May 7, 2026 | $481.39B+1% | SEC ↗ |
| Q4 2025 | Feb 12, 2026 | $476.72B+2% | SEC ↗ |
| Q3 2025 | Nov 12, 2025 | $466.01B+8% | SEC ↗ |
| Q2 2025 | Aug 12, 2025 | $431.92B+7% | SEC ↗ |
| Q1 2025 | May 13, 2025 | $402.31B−3% | SEC ↗ |
| Q4 2024 | Feb 13, 2025 | $416.38B+1% | SEC ↗ |
| Q3 2024 | Nov 7, 2024 | $412.28B+8% | SEC ↗ |
| Q2 2024 | Aug 9, 2024 | $382.85B+4% | SEC ↗ |
| Q1 2024 | May 10, 2024 | $369.36B+8% | SEC ↗ |
| Q4 2023 | Feb 7, 2024 | $342.47B+12% | SEC ↗ |
| Q3 2023 | Nov 9, 2023 | $304.90B−3% | SEC ↗ |
| Q2 2023 | Aug 9, 2023 | $313.77B+6% | SEC ↗ |
| Q1 2023 | May 12, 2023 | $296.87B−12% | SEC ↗ |
| Q4 2022 | Feb 9, 2023 | $338.47B+30% | SEC ↗ |
| Q3 2022 | Nov 10, 2022 | $260.47B−7% | SEC ↗ |
| Q2 2022 | Aug 12, 2022 | $278.78B−14% | SEC ↗ |
| Q1 2022 | May 13, 2022 | $324.62B−2% | SEC ↗ |
| Q4 2021 | Feb 9, 2022 | $330.75B+7% | SEC ↗ |
| Q3 2021 | Nov 12, 2021 | $310.45B−2% | SEC ↗ |
| Q2 2021 | Aug 12, 2021 | $315.84B+4% | SEC ↗ |
| Q1 2021 | May 14, 2021 | $302.34B+9% | SEC ↗ |
| Q4 2020 | Mar 8, 2021 (amended) | $276.93B+17% | SEC ↗ |
| Q3 2020 | Nov 12, 2020 | $235.82B+4% | SEC ↗ |
| Q2 2020 | Aug 13, 2020 | $227.51B+19% | SEC ↗ |
| Q1 2020 | May 14, 2020 | $191.95B−30% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $274.39B+7% | SEC ↗ |
| Q3 2019 | Nov 12, 2019 | $257.34B−0% | SEC ↗ |
| Q2 2019 | Aug 13, 2019 | $257.55B+3% | SEC ↗ |
| Q1 2019 | Aug 12, 2019 (amended) | $251.08B+14% | SEC ↗ |
| Q4 2018 | Feb 26, 2019 (amended) | $220.75B−16% | SEC ↗ |
| Q3 2018 | Nov 13, 2018 | $262.71B+5% | SEC ↗ |
| Q2 2018 | Aug 10, 2018 | $250.84B+5% | SEC ↗ |
| Q1 2018 | May 11, 2018 | $239.94B−1% | SEC ↗ |
| Q4 2017 | Feb 12, 2018 | $241.23B+5% | SEC ↗ |
| Q3 2017 | Nov 13, 2017 | $228.83B+6% | SEC ↗ |
| Q2 2017 | Aug 11, 2017 | $216.59B+4% | SEC ↗ |
| Q1 2017 | May 12, 2017 | $209.23B+5% | SEC ↗ |
| Q4 2016 | Feb 9, 2017 | $200.21B+8% | SEC ↗ |
| Q3 2016 | Nov 10, 2016 | $185.01B+6% | SEC ↗ |
| Q2 2016 | Aug 9, 2016 | $173.79B+4% | SEC ↗ |
| Q1 2016 | May 13, 2016 | $167.06B | SEC ↗ |