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 | |
|---|---|---|---|---|---|---|
|
STOR
726
DELISTED
STORE Capital Corporation
STOR
| $82.7M | 0.04% |
2,922,787
+229,754
| +9% | +$6.69M |
|
727
Omnicell
OMCL
$1.61B
| $82.7M | 0.04% |
1,350,007
-134,142
| -9% | -$9.08M |
|
728
Cemex
CX
$17.1B
| $82.6M | 0.04% |
17,145,453
-2,694,149
| -14% | -$14.4M |
|
|
TSS
729
DELISTED
Total System Services, Inc.
TSS
| $82.6M | 0.04% |
1,016,145
+28,439
| +3% | +$2.52M |
|
730
CubeSmart
CUBE
$9.39B
| $82.4M | 0.04% |
2,873,665
+56,689
| +2% | +$1.66M |
|
|
NLSN
731
DELISTED
Nielsen Holdings plc
NLSN
| $82.4M | 0.04% |
3,532,772
+479,683
| +16% | +$12.4M |
|
732
Medifast
MED
$109M
| $82.3M | 0.04% |
658,622
-27,392
| -4% | -$4.69M |
|
733
Emcor
EME
$35.2B
| $82.3M | 0.04% |
1,379,245
-24,450
| -2% | -$1.69M |
|
734
Hormel Foods
HRL
$13.8B
| $82.2M | 0.04% |
1,926,223
+9,530
| +0.5% | +$411K |
|
735
Rockwell Automation
ROK
$53.4B
| $82M | 0.04% |
544,681
+86,007
| +19% | +$14.3M |
|
736
Generac Holdings
GNRC
$11.6B
| $81.9M | 0.04% |
1,647,288
+33,794
| +2% | +$1.81M |
|
737
Stewart Information Services
STC
$2.06B
| $81.9M | 0.04% |
1,977,171
-6,542
| -0.3% | -$275K |
|
|
AD
738
Array Digital Infrastructure
AD
$3.01B
| $81.9M | 0.04% |
1,575,025
-545
| -0% | -$27.9K |
|
|
PRSU
739
Pursuit Attractions and Hospitality Inc
PRSU
$1.39B
| $81.8M | 0.04% |
1,633,905
-7,233
| -0.4% | -$368K |
|
740
Howmet Aerospace
HWM
$113B
| $81.8M | 0.04% |
6,324,203
+127,141
| +2% | +$1.99M |
|
|
K
741
DELISTED
Kellanova
K
| $81.7M | 0.04% |
1,526,343
+332,216
| +28% | +$20.1M |
|
742
ITT
ITT
$17.5B
| $81.6M | 0.04% |
1,691,522
+138,213
| +9% | +$7.3M |
|
743
MSCI
MSCI
$41.6B
| $81.6M | 0.04% |
553,440
+12,563
| +2% | +$1.91M |
|
744
Federated Hermes
FHI
$4.55B
| $81.4M | 0.04% |
3,067,345
+21,716
| +0.7% | +$539K |
|
745
Saia
SAIA
$9.27B
| $81.2M | 0.04% |
1,455,538
-28,809
| -2% | -$1.75M |
|
746
Stepan Co
SCL
$1.46B
| $81.2M | 0.04% |
1,097,483
+3,653
| +0.3% | +$297K |
|
747
Old Dominion Freight Line
ODFL
$44.1B
| $81M | 0.04% |
1,968,840
+20,655
| +1% | +$915K |
|
|
GCI
748
DELISTED
Gannett Co., Inc
GCI
| $81M | 0.04% |
9,494,305
-4,091
| -0% | -$40.1K |
|
749
Benchmark Electronics
BHE
$2.87B
| $80.9M | 0.04% |
3,818,435
-327,221
| -8% | -$7.53M |
|
750
Park Hotels & Resorts
PK
$3.03B
| $80.7M | 0.04% |
3,106,566
+300,624
| +11% | +$8.9M |
|
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.