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 | |
|---|---|---|---|---|---|---|
2851
McCormick & Company Voting
MKC.V
$13.7B
| $2.15M | ﹤0.01% |
30,992
+284
| +0.9% | +$20.4K |
|
2852
United-Guardian
UG
$32.4M
| $2.15M | ﹤0.01% |
117,196
| – | – |
|
2853
Melco Resorts & Entertainment
MLCO
$2.22B
| $2.15M | ﹤0.01% |
121,926
| – | – |
|
2854
Spyre Therapeutics
SYRE
$8.54B
| $2.14M | ﹤0.01% |
11,449
+4,796
| +72% | +$1.02M |
|
|
HDSN
2855
Hudson Technologies
HDSN
$254M
| $2.13M | ﹤0.01% |
2,396,212
-87,956
| -4% | -$96.8K |
|
2856
Gray Media Inc
GTN.A
$699M
| $2.12M | ﹤0.01% |
160,198
-697
| -0.4% | -$11K |
|
2857
Virco
VIRC
$95.2M
| $2.12M | ﹤0.01% |
493,473
-224
| -0% | -$952 |
|
2858
Citizens Community Bancorp
CZWI
$212M
| $2.1M | ﹤0.01% |
193,128
+3,277
| +2% | +$40.6K |
|
2859
AMCON Distributing
DIT
$61.1M
| $2.1M | ﹤0.01% |
31,613
-225
| -0.7% | -$12.7K |
|
2860
Norwood Financial Corp
NWFL
$370M
| $2.09M | ﹤0.01% |
63,426
+1,362
| +2% | +$48.5K |
|
2861
Acme United Corp
ACU
$217M
| $2.09M | ﹤0.01% |
146,680
+3,376
| +2% | +$57.7K |
|
|
PMD
2862
DELISTED
Psychemedics Corporation
PMD
| $2.09M | ﹤0.01% |
131,537
-533
| -0.4% | -$9.19K |
|
|
MLVF
2863
DELISTED
Malvern Bancorp, Inc.
MLVF
| $2.08M | ﹤0.01% |
105,590
+23,828
| +29% | +$479K |
|
|
SLAI
2864
DELISTED
SOLAI Ltd ADS
SLAI
| $2.07M | ﹤0.01% |
3,907
-124
| -3% | -$70.2K |
|
2865
Information Services Group
III
$199M
| $2.07M | ﹤0.01% |
487,248
+127,335
| +35% | +$536K |
|
|
IMOS
2866
ChipMOS TECHNOLOGIES
IMOS
$1.65B
| $2.06M | ﹤0.01% |
123,273
+811
| +0.7% | +$13.8K |
|
2867
Century Casinos
CNTY
$34M
| $2.06M | ﹤0.01% |
278,290
| – | – |
|
|
ALSK
2868
DELISTED
Alaska Communications Systems
ALSK
| $2.04M | ﹤0.01% |
1,418,725
-21,183
| -1% | -$32.2K |
|
|
PVTL
2869
DELISTED
Pivotal Software, Inc.
PVTL
| $2.04M | ﹤0.01% |
+124,833
| New | +$2.23M |
|
|
MNI
2870
DELISTED
The McClatchy Company Class A Common Stock
MNI
| $2.03M | ﹤0.01% |
265,430
-911
| -0.3% | -$6.92K |
|
|
PIR
2871
DELISTED
Pier 1 Imports, Inc.
PIR
| $2.03M | ﹤0.01% |
331,760
-5,727
| -2% | -$157K |
|
|
SENEB
2872
Seneca Foods Class B
SENEB
| $2M | ﹤0.01% |
70,895
| – | – |
|
|
WSO.B
2873
Watsco Inc Class B
WSO.B
$13.3B
| $2M | ﹤0.01% |
14,795
-16,052
| -52% | -$2.45M |
|
|
SHI
2874
DELISTED
Sinopec Shanghai Petrochemical Co., Ltd.
SHI
| $1.99M | ﹤0.01% |
46,151
-418
| -0.9% | -$19.6K |
|
|
TCS
2875
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $1.99M | ﹤0.01% |
27,796
+7,113
| +34% | +$747K |
|
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.