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 | |
|---|---|---|---|---|---|---|
2776
Turkcell
TKC
$4.68B
| $2.7M | ﹤0.01% |
480,510
-9,994
| -2% | -$53.2K |
|
|
GHDX
2777
DELISTED
Genomic Health, Inc.
GHDX
| $2.69M | ﹤0.01% |
+41,812
| New | +$2.93M |
|
2778
Roku
ROKU
$21.5B
| $2.68M | ﹤0.01% |
87,395
+12,709
| +17% | +$599K |
|
2779
Atlanta Braves Holdings Series B
BATRK
$3.26B
| $2.67M | ﹤0.01% |
107,474
-10
| -0% | -$253 |
|
2780
LGI Homes
LGIH
$1.27B
| $2.67M | ﹤0.01% |
59,056
| – | – |
|
|
HOS
2781
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $2.67M | ﹤0.01% |
1,854,659
-10,465
| -0.6% | -$36.7K |
|
2782
Transact Technologies
TACT
$53.2M
| $2.66M | ﹤0.01% |
296,535
+2,337
| +0.8% | +$28.5K |
|
|
PCSB
2783
DELISTED
PCSB Financial Corporation
PCSB
| $2.65M | ﹤0.01% |
135,750
+52,352
| +63% | +$1.02M |
|
|
UNAM
2784
DELISTED
Unico American Corp
UNAM
| $2.65M | ﹤0.01% |
417,263
-2,402
| -0.6% | -$15.5K |
|
|
SMMF
2785
DELISTED
Summit Financial Group, Inc.
SMMF
| $2.65M | ﹤0.01% |
137,168
+22,786
| +20% | +$479K |
|
|
DBD
2786
DELISTED
Diebold Nixdorf Incorporated
DBD
| $2.65M | ﹤0.01% |
1,064,021
-75,271
| -7% | -$270K |
|
2787
Espey Mfg & Electronics Corp
ESP
$177M
| $2.64M | ﹤0.01% |
106,007
+200
| +0.2% | +$5.47K |
|
|
LUB
2788
DELISTED
Luby's Inc.
LUB
| $2.64M | ﹤0.01% |
2,201,011
-64,292
| -3% | -$91.2K |
|
|
VSA
2789
VisionSys AI
VSA
$8.35M
| $2.64M | ﹤0.01% |
167
-7
| -4% | -$134K |
|
2790
Parke Bancorp
PKBK
$401M
| $2.64M | ﹤0.01% |
155,036
+21,608
| +16% | +$383K |
|
|
PHLT
2791
DELISTED
Performant Healthcare Inc
PHLT
| $2.64M | ﹤0.01% |
1,171,969
-7,142
| -0.6% | -$11.9K |
|
|
SALM
2792
DELISTED
Salem Media Group, Inc. Class A Common Stock
SALM
| $2.64M | ﹤0.01% |
1,261,538
-20,168
| -2% | -$58.4K |
|
|
SINA
2793
DELISTED
Sina Corp
SINA
| $2.64M | ﹤0.01% |
48,887
+13,059
| +36% | +$807K |
|
2794
Ericsson
ERIC
$32.2B
| $2.63M | ﹤0.01% |
296,539
-531,083
| -64% | -$4.61M |
|
2795
Ferrari
RACE
$69.3B
| $2.62M | ﹤0.01% |
26,352
+3,799
| +17% | +$427K |
|
|
EHIC
2796
DELISTED
eHi Car Services Limited
EHIC
| $2.62M | ﹤0.01% |
249,410
| – | – |
|
|
DGICB
2797
Donegal Group Class B
DGICB
$830M
| $2.61M | ﹤0.01% |
221,370
-3,070
| -1% | -$39.4K |
|
|
VOLT
2798
DELISTED
Volt Information Sciences, Inc.
VOLT
| $2.61M | ﹤0.01% |
1,214,763
+5,875
| +0.5% | +$18.1K |
|
|
CSTR
2799
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $2.61M | ﹤0.01% |
177,224
+49,355
| +39% | +$761K |
|
2800
TransAlta
TAC
$3.95B
| $2.6M | ﹤0.01% |
632,104
| – | – |
|
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.