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 | |
|---|---|---|---|---|---|---|
|
CIO
2626
DELISTED
City Office REIT
CIO
| $4.8M | ﹤0.01% |
467,926
+72,357
| +18% | +$810K |
|
2627
First United
FUNC
$285M
| $4.77M | ﹤0.01% |
299,897
+3,527
| +1% | +$63.2K |
|
|
NWHM
2628
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $4.76M | ﹤0.01% |
910,322
+126,293
| +16% | +$890K |
|
2629
First Northwest Bancorp
FNWB
$109M
| $4.71M | ﹤0.01% |
317,832
+45,831
| +17% | +$694K |
|
2630
Nexa Resources
NEXA
$1.7B
| $4.71M | ﹤0.01% |
396,044
+123,769
| +45% | +$1.51M |
|
|
RRD
2631
DELISTED
RR Donnelley & Sons Co.
RRD
| $4.71M | ﹤0.01% |
1,188,019
+36,166
| +3% | +$188K |
|
2632
Marchex
MCHX
$76.2M
| $4.7M | ﹤0.01% |
1,772,298
+2,536
| +0.1% | +$7.14K |
|
|
HONE
2633
DELISTED
HarborOne Bancorp
HONE
| $4.68M | ﹤0.01% |
528,933
+11,373
| +2% | +$112K |
|
2634
Amplify Energy
AMPY
$161M
| $4.67M | ﹤0.01% |
621,207
+148,225
| +31% | +$1.18M |
|
|
BLMT
2635
DELISTED
BSB Bancorp, Inc.
BLMT
| $4.62M | ﹤0.01% |
164,592
+19,712
| +14% | +$587K |
|
2636
Acacia Research
ACTG
$428M
| $4.58M | ﹤0.01% |
1,537,740
-55,187
| -3% | -$171K |
|
2637
Core Molding Technologies
CMT
$202M
| $4.57M | ﹤0.01% |
642,332
| – | – |
|
|
CAJ
2638
DELISTED
Canon, Inc.
CAJ
| $4.55M | ﹤0.01% |
164,777
+2,158
| +1% | +$62.6K |
|
|
RVNC
2639
DELISTED
Revance Therapeutics, Inc.
RVNC
| $4.54M | ﹤0.01% |
225,708
+149,952
| +198% | +$3.3M |
|
2640
Consolidated Water Co
CWCO
$467M
| $4.53M | ﹤0.01% |
388,549
-66,200
| -15% | -$830K |
|
|
AFH
2641
DELISTED
Atlas Financial Holdings, Inc. Ordinary Shares
AFH
| $4.52M | ﹤0.01% |
559,248
+31,604
| +6% | +$302K |
|
2642
LivePerson
LPSN
$21.8M
| $4.51M | ﹤0.01% |
+15,959
| New | +$4.92M |
|
|
RCM
2643
DELISTED
R1 RCM Inc. Common Stock
RCM
| $4.5M | ﹤0.01% |
566,186
-318,004
| -36% | -$2.75M |
|
|
CLUB
2644
DELISTED
Town Sports International Holdings, Inc.
CLUB
| $4.5M | ﹤0.01% |
703,371
+26,577
| +4% | +$201K |
|
2645
Civista Bancshares
CIVB
$604M
| $4.48M | ﹤0.01% |
257,188
+38,685
| +18% | +$819K |
|
2646
Larimar Therapeutics
LRMR
$397M
| $4.48M | ﹤0.01% |
75,350
+1,786
| +2% | +$176K |
|
|
FCCY
2647
DELISTED
1st Constitution Bancorp
FCCY
| $4.47M | ﹤0.01% |
224,470
+17,414
| +8% | +$343K |
|
|
ONIT
2648
Onity Group
ONIT
$309M
| $4.44M | ﹤0.01% |
220,848
+832
| +0.4% | +$34.2K |
|
2649
CEMIG Preferred Shares
CIG
$6.26B
| $4.37M | ﹤0.01% |
2,410,182
-67,741
| -3% | -$102K |
|
|
GV
2650
DELISTED
Goldfield Corporation
GV
| $4.37M | ﹤0.01% |
1,932,777
+29,230
| +2% | +$91.7K |
|
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.