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 | |
|---|---|---|---|---|---|---|
|
PVG
2801
DELISTED
PRETIUM RESOURCES INC.
PVG
| $2.59M | ﹤0.01% |
306,660
+7,241
| +2% | +$56.6K |
|
|
REN
2802
DELISTED
Resolute Energy Corporaton
REN
| $2.58M | ﹤0.01% |
88,921
| – | – |
|
2803
RF Industries
RFIL
$134M
| $2.55M | ﹤0.01% |
350,852
+12,318
| +4% | +$92.4K |
|
2804
Fresenius Medical Care
FMS
$13.8B
| $2.53M | ﹤0.01% |
77,989
+886
| +1% | +$35.8K |
|
2805
Hawthorn Bancshares
HWBK
$269M
| $2.52M | ﹤0.01% |
145,896
+10,429
| +8% | +$196K |
|
|
CSII
2806
DELISTED
Cardiovascular Systems, Inc.
CSII
| $2.52M | ﹤0.01% |
+88,326
| New | +$2.81M |
|
|
TLRA
2807
DELISTED
Telaria, Inc.
TLRA
| $2.52M | ﹤0.01% |
921,658
+77,178
| +9% | +$223K |
|
|
BWL.A
2808
DELISTED
Bowl America Incorporated
BWL.A
| $2.49M | ﹤0.01% |
153,747
| – | – |
|
|
CMCM
2809
Cheetah Mobile
CMCM
$86.6M
| $2.47M | ﹤0.01% |
80,864
+2,047
| +3% | +$81.1K |
|
|
VIA
2810
DELISTED
Viacom Inc. Class A
VIA
| $2.46M | ﹤0.01% |
88,575
+1,742
| +2% | +$59.4K |
|
|
PARAA
2811
DELISTED
Paramount Global Class A
PARAA
| $2.46M | ﹤0.01% |
56,099
-332
| -0.6% | -$17.6K |
|
2812
Investar Holding Corp
ISTR
$415M
| $2.45M | ﹤0.01% |
98,910
+12,620
| +15% | +$315K |
|
2813
Chicago Rivet & Machine Co
CVR
$10M
| $2.45M | ﹤0.01% |
77,680
-298
| -0.4% | -$9.55K |
|
2814
Townsquare Media
TSQ
$106M
| $2.42M | ﹤0.01% |
593,393
+41,429
| +8% | +$265K |
|
2815
Grupo Aval
AVAL
$6.27B
| $2.42M | ﹤0.01% |
410,509
+14,026
| +4% | +$96.2K |
|
|
ESXB
2816
DELISTED
Community Bankers Trust Corporation
ESXB
| $2.41M | ﹤0.01% |
333,340
+10,739
| +3% | +$89.4K |
|
|
CSLT
2817
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $2.39M | ﹤0.01% |
1,101,403
+312,240
| +40% | +$775K |
|
2818
MIND Technology
MIND
$45.3M
| $2.37M | ﹤0.01% |
92,391
+350
| +0.4% | +$12.8K |
|
|
MGI
2819
DELISTED
MoneyGram International, Inc. New
MGI
| $2.36M | ﹤0.01% |
1,181,073
-199,590
| -14% | -$642K |
|
2820
Inspire Medical Systems
INSP
$1.45B
| $2.36M | ﹤0.01% |
+55,840
| New | +$2.37M |
|
2821
Woori Financial
WF
$16.7B
| $2.36M | ﹤0.01% |
55,847
+3,882
| +7% | +$167K |
|
2822
Ampco-Pittsburgh
AP
$163M
| $2.36M | ﹤0.01% |
760,578
-15,004
| -2% | -$63K |
|
2823
Comp X International
CIX
$349M
| $2.35M | ﹤0.01% |
173,000
+121
| +0.1% | +$1.64K |
|
2824
Garrett Motion
GTX
$5.81B
| $2.35M | ﹤0.01% |
+190,468
| New | +$2.59M |
|
|
ITCL
2825
DELISTED
Banco Itau Chile American Depositary Shares (each representing one third of one (1/3) Common Share)
ITCL
| $2.35M | ﹤0.01% |
167,688
+110
| +0.1% | +$1.56K |
|
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.