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 | |
|---|---|---|---|---|---|---|
|
CBD
2601
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $5.14M | ﹤0.01% |
247,671
-12,354
| -5% | -$264K |
|
|
ARTX
2602
DELISTED
Arotech Corporation
ARTX
| $5.12M | ﹤0.01% |
1,952,736
+86,679
| +5% | +$243K |
|
2603
Franco-Nevada
FNV
$41.1B
| $5.11M | ﹤0.01% |
72,863
+6,630
| +10% | +$443K |
|
|
WAAS
2604
DELISTED
AquaVenture Holdings Limited
WAAS
| $5.11M | ﹤0.01% |
270,353
+67,683
| +33% | +$1.22M |
|
2605
Northern Technologies International Corp
NTIC
$76.2M
| $5.1M | ﹤0.01% |
344,946
+3,546
| +1% | +$56.9K |
|
|
AMRB
2606
DELISTED
American River Bankshares
AMRB
| $5.08M | ﹤0.01% |
368,510
+141
| +0% | +$2.07K |
|
2607
AnaptysBio
ANAB
$1.58B
| $5.08M | ﹤0.01% |
+79,712
| New | +$5.93M |
|
|
TUES
2608
DELISTED
Tuesday Morning Corp
TUES
| $5.08M | ﹤0.01% |
2,990,304
-6,832
| -0.2% | -$18.4K |
|
2609
SK Telecom
SKM
$12.1B
| $5.08M | ﹤0.01% |
115,054
-1,513
| -1% | -$67.3K |
|
2610
Key Tronic
KTCC
$42.8M
| $5.04M | ﹤0.01% |
891,765
+6,871
| +0.8% | +$47.2K |
|
2611
Mitek Systems
MITK
$754M
| $5.03M | ﹤0.01% |
465,110
+122,944
| +36% | +$1.11M |
|
2612
Sportsman's Warehouse
SPWH
$44.5M
| $5M | ﹤0.01% |
1,142,814
-9,000
| -0.8% | -$43.7K |
|
|
CALA
2613
DELISTED
Calithera Biosciences, Inc
CALA
| $4.99M | ﹤0.01% |
62,202
+12,811
| +26% | +$1.26M |
|
|
CBL
2614
DELISTED
CBL& Associates Properties, Inc.
CBL
| $4.99M | ﹤0.01% |
2,595,725
-108,640
| -4% | -$319K |
|
|
SRT
2615
DELISTED
Startek Inc.
SRT
| $4.98M | ﹤0.01% |
748,728
-57,845
| -7% | -$359K |
|
2616
GSI Technology
GSIT
$215M
| $4.98M | ﹤0.01% |
968,067
+8,392
| +0.9% | +$49.1K |
|
|
JAX
2617
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $4.96M | ﹤0.01% |
602,277
+75,253
| +14% | +$742K |
|
2618
Bridgford Foods
BRID
$57.6M
| $4.92M | ﹤0.01% |
247,763
+3,978
| +2% | +$71K |
|
2619
GrafTech
EAF
$175M
| $4.92M | ﹤0.01% |
+42,965
| New | +$6.56M |
|
|
PPIH
2620
Perma-Pipe International
PPIH
$196M
| $4.91M | ﹤0.01% |
561,284
+56
| +0% | +$503 |
|
|
ONCE
2621
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $4.88M | ﹤0.01% |
124,712
+116,277
| +1,379% | +$5.04M |
|
2622
STAAR Surgical
STAA
$1.21B
| $4.84M | ﹤0.01% |
151,780
+93,940
| +162% | +$3.66M |
|
|
ICD
2623
DELISTED
Independence Contract Drilling, Inc.
ICD
| $4.83M | ﹤0.01% |
77,424
+10,588
| +16% | +$796K |
|
|
TNAV
2624
DELISTED
Telenav Inc.
TNAV
| $4.82M | ﹤0.01% |
1,187,880
+20,195
| +2% | +$86.9K |
|
|
SOHU
2625
Sohu.com
SOHU
$362M
| $4.81M | ﹤0.01% |
275,851
-47,476
| -15% | -$905K |
|
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.