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 |
Cigna
CI
|
+$334M |
| 2 |
Marathon Petroleum
MPC
|
+$283M |
| 3 |
CVS Health
CVS
|
+$227M |
| 4 |
ConocoPhillips
COP
|
+$172M |
| 5 |
Linde
LIN
|
+$128M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AET
Aetna Inc
AET
|
+$740M |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
+$612M |
| 3 |
ANDV
Andeavor
ANDV
|
+$447M |
| 4 |
Cisco
CSCO
|
+$307M |
| 5 |
CA
CA, Inc.
CA
|
+$252M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.86% |
| 2 | Industrials | 13.02% |
| 3 | Technology | 12.73% |
| 4 | Healthcare | 10.57% |
| 5 | Consumer Discretionary | 10.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
BCB Bancorp
BCBP
$173M
| $5.52M | ﹤0.01% |
527,207
+66,351
| +14% | +$800K |
|
2577
Northeast Bank
NBN
$1.06B
| $5.51M | ﹤0.01% |
329,592
+27,581
| +9% | +$533K |
|
|
LBY
2578
DELISTED
Libbey, Inc.
LBY
| $5.51M | ﹤0.01% |
1,419,412
-40,688
| -3% | -$264K |
|
|
UMH
2579
UMH Properties
UMH
$1.29B
| $5.5M | ﹤0.01% |
464,806
+21,274
| +5% | +$288K |
|
2580
Gildan
GIL
$10.3B
| $5.47M | ﹤0.01% |
180,264
+10,160
| +6% | +$314K |
|
2581
Celestica
CLS
$38.1B
| $5.46M | ﹤0.01% |
622,797
-4,679
| -0.7% | -$46.9K |
|
2582
J. Jill
JILL
$272M
| $5.45M | ﹤0.01% |
243,516
+63,156
| +35% | +$1.45M |
|
2583
Applied Optoelectronics
AAOI
$7.57B
| $5.43M | ﹤0.01% |
351,983
-7,706
| -2% | -$155K |
|
2584
Consumer Portfolio Services
CPSS
$202M
| $5.42M | ﹤0.01% |
1,799,096
+3,647
| +0.2% | +$13.1K |
|
2585
Aegon
AEG
$14B
| $5.4M | ﹤0.01% |
1,354,971
-16,636
| -1% | -$81.2K |
|
|
BOCH
2586
DELISTED
Bank of Commerce Holdings (CA)
BOCH
| $5.35M | ﹤0.01% |
488,309
+57,763
| +13% | +$672K |
|
|
EGRX
2587
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $5.3M | ﹤0.01% |
131,605
+48,359
| +58% | +$2.49M |
|
2588
DHI Group
DHX
$182M
| $5.3M | ﹤0.01% |
3,486,145
-126,498
| -4% | -$218K |
|
|
SMTA
2589
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
| $5.29M | ﹤0.01% |
742,425
-8,277
| -1% | -$83.8K |
|
|
DALN
2590
DELISTED
DallasNews
DALN
| $5.29M | ﹤0.01% |
392,528
+783
| +0.2% | +$13.7K |
|
|
OMCC
2591
DELISTED
Old Market Capital Corp
OMCC
| $5.29M | ﹤0.01% |
508,401
+3,185
| +0.6% | +$35.9K |
|
|
ORAN
2592
DELISTED
Orange
ORAN
| $5.28M | ﹤0.01% |
326,151
| – | – |
|
2593
Southern Missouri Bancorp
SMBC
$852M
| $5.27M | ﹤0.01% |
155,565
+12,751
| +9% | +$443K |
|
|
SRG
2594
Seritage Growth Properties
SRG
$136M
| $5.25M | ﹤0.01% |
162,315
+89,735
| +124% | +$3.47M |
|
|
YELL
2595
DELISTED
Yellow Corporation Common Stock
YELL
| $5.24M | ﹤0.01% |
1,664,580
-25,246
| -1% | -$161K |
|
|
SBOW
2596
DELISTED
SilverBow Resources, Inc.
SBOW
| $5.22M | ﹤0.01% |
220,736
+36,276
| +20% | +$935K |
|
2597
Akebia Therapeutics
AKBA
$354M
| $5.21M | ﹤0.01% |
942,599
+488,972
| +108% | +$3.83M |
|
2598
Build-A-Bear
BBW
$425M
| $5.2M | ﹤0.01% |
1,316,444
-8,412
| -0.6% | -$59.2K |
|
|
SNR
2599
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $5.2M | ﹤0.01% |
1,261,952
-8,797
| -0.7% | -$46.3K |
|
2600
Escalade
ESCA
$273M
| $5.17M | ﹤0.01% |
451,549
+12,504
| +3% | +$148K |
|
Similar funds
Dimensional Fund Advisors's Q4 2018 Portfolio in Review
As of Q4 2018, Dimensional Fund Advisors held 3,519 positions worth $221B, down 16% from $263B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
Trading was light in Q4 2018: portfolio turnover was 4.6%. Dimensional Fund Advisors opened 94 new positions and exited 67, leaving the 3,519-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q4 2018 buy was Linde: 812,164 shares worth $127M.
- Dimensional Fund Advisors added most to Cigna in Q4 2018, an estimated $334M increase.
- Dimensional Fund Advisors's biggest Q4 2018 reduction was Cisco, cutting an estimated $307M.
- Dimensional Fund Advisors fully exited Aetna Inc in Q4 2018, selling an estimated $740M.
- Dimensional Fund Advisors's ten largest holdings make up 9.7% of its $221B portfolio in Q4 2018.
- Dimensional Fund Advisors opened 94 new positions and closed 67 in Q4 2018.
- Dimensional Fund Advisors's portfolio value fell 16% quarter-over-quarter to $221B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2018, filed 13 Feb 2019.