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 | |
|---|---|---|---|---|---|---|
|
FRED
2876
DELISTED
Fred's Inc
FRED
| $1.99M | ﹤0.01% |
1,051,892
-908,458
| -46% | -$2.36M |
|
2877
Victory Capital Holdings
VCTR
$6.19B
| $1.97M | ﹤0.01% |
193,219
+158,242
| +452% | +$1.55M |
|
2878
Babcock & Wilcox
BW
$1.39B
| $1.97M | ﹤0.01% |
505,170
-34,668
| -6% | -$308K |
|
|
SWIR
2879
DELISTED
Sierra Wireless
SWIR
| $1.97M | ﹤0.01% |
146,329
+2,165
| +2% | +$36.2K |
|
|
PHIIK
2880
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
| $1.96M | ﹤0.01% |
1,058,480
-19,216
| -2% | -$111K |
|
2881
Carvana
CVNA
$68.6B
| $1.94M | ﹤0.01% |
296,495
+36,740
| +14% | +$309K |
|
2882
Colony Bankcorp
CBAN
$465M
| $1.94M | ﹤0.01% |
132,591
+3,552
| +3% | +$60K |
|
2883
Limbach Holdings
LMB
$855M
| $1.92M | ﹤0.01% |
522,440
+12,089
| +2% | +$88.6K |
|
2884
Ceragon Networks
CRNT
$197M
| $1.92M | ﹤0.01% |
507,814
| – | – |
|
2885
Dropbox
DBX
$7.6B
| $1.92M | ﹤0.01% |
+93,971
| New | +$2.17M |
|
|
ACET
2886
DELISTED
Aceto Corp
ACET
| $1.91M | ﹤0.01% |
2,278,537
-161,507
| -7% | -$289K |
|
|
RESI
2887
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $1.9M | ﹤0.01% |
217,428
+166,122
| +324% | +$1.55M |
|
2888
Beasley Broadcasting Group
BBGI
$37.8M
| $1.87M | ﹤0.01% |
24,957
+1,135
| +5% | +$128K |
|
2889
Alamos Gold
AGI
$11.6B
| $1.86M | ﹤0.01% |
516,743
| – | – |
|
|
TRCB
2890
DELISTED
Two River Bancorp
TRCB
| $1.86M | ﹤0.01% |
121,984
+11,528
| +10% | +$177K |
|
2891
SB Financial Group
SBFG
$164M
| $1.85M | ﹤0.01% |
118,193
+1,919
| +2% | +$33.4K |
|
|
LOXO
2892
DELISTED
Loxo Oncology, Inc
LOXO
| $1.85M | ﹤0.01% |
13,211
-30,872
| -70% | -$4.69M |
|
|
LUNA
2893
DELISTED
Luna Innovations Incorporated
LUNA
| $1.85M | ﹤0.01% |
552,213
+49,010
| +10% | +$160K |
|
2894
EVI Industries
EVI
$181M
| $1.83M | ﹤0.01% |
50,775
| – | – |
|
|
CATC
2895
DELISTED
CAMBRIDGE BANCORP
CATC
| $1.83M | ﹤0.01% |
22,000
+6,223
| +39% | +$528K |
|
2896
Aptevo Therapeutics
APVO
$5.12M
| – | – |
0
| – | – |
|
2897
Natural Health Trends
NHTC
$14.7M
| $1.8M | ﹤0.01% |
97,365
-689
| -0.7% | -$15.2K |
|
|
ECOM
2898
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $1.78M | ﹤0.01% |
157,236
+96,983
| +161% | +$1.09M |
|
2899
ORIX
IX
$44B
| $1.78M | ﹤0.01% |
124,590
| – | – |
|
|
MNTX
2900
DELISTED
Manitex International, Inc.
MNTX
| $1.78M | ﹤0.01% |
312,906
+59,970
| +24% | +$465K |
|
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.