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 | |
|---|---|---|---|---|---|---|
1151
Vertex Pharmaceuticals
VRTX
$121B
| $53.9M | 0.02% |
325,085
+11,848
| +4% | +$2.05M |
|
|
EXTN
1152
DELISTED
Exterran Corporation
EXTN
| $53.9M | 0.02% |
3,042,621
-12,227
| -0.4% | -$274K |
|
1153
JB Hunt Transport Services
JBHT
$25.5B
| $53.8M | 0.02% |
578,166
+72,329
| +14% | +$7.67M |
|
1154
BJ's Restaurants
BJRI
$1.42B
| $53.8M | 0.02% |
1,063,490
-140,525
| -12% | -$8.47M |
|
1155
Century Aluminum
CENX
$4.43B
| $53.8M | 0.02% |
7,356,065
-14,884
| -0.2% | -$135K |
|
1156
Motorola Solutions
MSI
$72.3B
| $53.8M | 0.02% |
467,391
+31,805
| +7% | +$3.95M |
|
|
JBTM
1157
JBT Marel
JBTM
$7.21B
| $53.7M | 0.02% |
748,323
+23,983
| +3% | +$2.13M |
|
1158
Sempra
SRE
$57.9B
| $53.6M | 0.02% |
990,342
+85,070
| +9% | +$4.85M |
|
1159
Halliburton
HAL
$26.9B
| $53.5M | 0.02% |
2,011,429
+57,422
| +3% | +$1.94M |
|
1160
Fair Isaac
FICO
$24.3B
| $53.5M | 0.02% |
285,900
+1,739
| +0.6% | +$339K |
|
1161
Bloomin' Brands
BLMN
$741M
| $53.5M | 0.02% |
2,988,120
+143,957
| +5% | +$2.84M |
|
1162
Ameris Bancorp
ABCB
$5.85B
| $53.4M | 0.02% |
1,687,522
+116,733
| +7% | +$4.76M |
|
|
DCOM
1163
DELISTED
Dime Community Bancshares
DCOM
| $53.4M | 0.02% |
3,143,716
-3,303
| -0.1% | -$56.2K |
|
1164
Repligen
RGEN
$7.96B
| $53.4M | 0.02% |
1,012,082
-61,805
| -6% | -$3.62M |
|
|
FOE
1165
DELISTED
Ferro Corporation
FOE
| $53.3M | 0.02% |
3,402,299
+72,976
| +2% | +$1.33M |
|
1166
Expeditors International
EXPD
$22B
| $53.3M | 0.02% |
783,510
+63,911
| +9% | +$4.49M |
|
|
CSFL
1167
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $53.3M | 0.02% |
2,531,467
+22,977
| +0.9% | +$557K |
|
1168
Landstar System
LSTR
$5.93B
| $53.2M | 0.02% |
556,273
+30,488
| +6% | +$3.15M |
|
|
TGNA
1169
DELISTED
TEGNA Inc
TGNA
| $53.2M | 0.02% |
4,895,440
+445,062
| +10% | +$5.37M |
|
|
KEM
1170
DELISTED
KEMET Corporation
KEM
| $53.2M | 0.02% |
3,033,442
-57,031
| -2% | -$1.07M |
|
|
CBM
1171
DELISTED
Cambrex Corporation
CBM
| $53.2M | 0.02% |
1,408,897
-7,510
| -0.5% | -$380K |
|
|
RAVN
1172
DELISTED
Raven Industries Inc
RAVN
| $53.2M | 0.02% |
1,469,885
-3,563
| -0.2% | -$148K |
|
|
ECHO
1173
EchoStar
ECHO
$24.4B
| $53.2M | 0.02% |
1,786,383
+169,913
| +11% | +$5.6M |
|
1174
Wingstop
WING
$3.53B
| $53.2M | 0.02% |
828,020
+18,474
| +2% | +$1.21M |
|
1175
Equifax
EFX
$20.3B
| $53.1M | 0.02% |
570,695
+60,859
| +12% | +$6.48M |
|
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.