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 | |
|---|---|---|---|---|---|---|
|
EVBN
2676
DELISTED
Evans Bancorp Inc
EVBN
| $3.96M | ﹤0.01% |
121,945
+9,263
| +8% | +$379K |
|
|
HNP
2677
DELISTED
Huaneng Power Intl, Inc.
HNP
| $3.94M | ﹤0.01% |
157,669
-708
| -0.4% | -$17K |
|
|
GOLD
2678
Gold.com Inc
GOLD
$1.2B
| $3.93M | ﹤0.01% |
666,486
+28,718
| +5% | +$181K |
|
|
QHC
2679
DELISTED
Quorum Health Corporation
QHC
| $3.93M | ﹤0.01% |
1,358,442
-170,927
| -11% | -$717K |
|
2680
inTEST
INTT
$155M
| $3.9M | ﹤0.01% |
636,681
+11,095
| +2% | +$76K |
|
2681
Anterix
ATEX
$1.81B
| $3.9M | ﹤0.01% |
104,256
+31,120
| +43% | +$1.22M |
|
|
MIME
2682
DELISTED
Mimecast Limited
MIME
| $3.84M | ﹤0.01% |
114,218
-13,021
| -10% | -$455K |
|
2683
Fortis
FTS
$29B
| $3.83M | ﹤0.01% |
114,796
+10,501
| +10% | +$353K |
|
|
AGFS
2684
DELISTED
AgroFresh Solutions Inc
AGFS
| $3.83M | ﹤0.01% |
1,010,377
+111,179
| +12% | +$553K |
|
2685
LifeVantage
LFVN
$81.1M
| $3.8M | ﹤0.01% |
288,376
+30,114
| +12% | +$360K |
|
2686
Travelzoo
TZOO
$74.3M
| $3.8M | ﹤0.01% |
386,482
+3,010
| +0.8% | +$28.3K |
|
|
HBMD
2687
DELISTED
Howard Bancorp, Inc. Common Stock
HBMD
| $3.79M | ﹤0.01% |
265,017
+34,140
| +15% | +$520K |
|
2688
Rigel Pharmaceuticals
RIGL
$681M
| $3.75M | ﹤0.01% |
163,003
+116,669
| +252% | +$3.29M |
|
2689
CPI Aerostructures
CVU
$66.2M
| $3.74M | ﹤0.01% |
587,042
+22,133
| +4% | +$158K |
|
2690
Urban One Class D
UONEK
$22.8M
| $3.74M | ﹤0.01% |
232,038
-1,712
| -0.7% | -$36.1K |
|
|
CLCT
2691
DELISTED
Collectors Universe
CLCT
| $3.72M | ﹤0.01% |
327,770
+2,522
| +0.8% | +$34K |
|
|
TSG
2692
DELISTED
The Stars Group Inc.
TSG
| $3.71M | ﹤0.01% |
224,556
+258
| +0.1% | +$5.04K |
|
2693
Embotelladora Andina Series B
AKO.B
$4.74B
| $3.71M | ﹤0.01% |
162,748
-519
| -0.3% | -$11.3K |
|
|
ELP
2694
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $3.7M | ﹤0.01% |
1,179,865
| – | – |
|
|
PBIP
2695
DELISTED
Prudential Bancorp, Inc.
PBIP
| $3.69M | ﹤0.01% |
209,597
+16,903
| +9% | +$297K |
|
2696
Blue Bird Corp
BLBD
$2.35B
| $3.68M | ﹤0.01% |
202,300
+52,492
| +35% | +$1.02M |
|
|
STZ.B
2697
DELISTED
CONSTELLATION BRANDS, INC. CLASS B
STZ.B
| $3.67M | ﹤0.01% |
22,259
-2,470
| -10% | -$500K |
|
2698
Shopify
SHOP
$152B
| $3.65M | ﹤0.01% |
263,890
-550
| -0.2% | -$7.74K |
|
2699
Verastem
VSTM
$510M
| $3.65M | ﹤0.01% |
90,428
+44,933
| +99% | +$2.74M |
|
2700
Aclaris Therapeutics
ACRS
$726M
| $3.62M | ﹤0.01% |
489,516
+250,963
| +105% | +$2.59M |
|
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.