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 | |
|---|---|---|---|---|---|---|
|
STMP
1226
DELISTED
Stamps.com, Inc.
STMP
| $50.9M | 0.02% |
326,960
+13,074
| +4% | +$2.33M |
|
|
TVPT
1227
DELISTED
Travelport Worldwide Limited
TVPT
| $50.8M | 0.02% |
3,253,357
+101,858
| +3% | +$1.55M |
|
1228
Burlington
BURL
$23.2B
| $50.8M | 0.02% |
312,303
+5,836
| +2% | +$942K |
|
|
NFBK
1229
DELISTED
Northfield Bancorp
NFBK
| $50.5M | 0.02% |
3,728,431
+97,482
| +3% | +$1.35M |
|
1230
US Physical Therapy
USPH
$1.2B
| $50.5M | 0.02% |
493,526
-671
| -0.1% | -$74.5K |
|
1231
LendingTree
TREE
$447M
| $50.4M | 0.02% |
229,519
+8,774
| +4% | +$1.99M |
|
|
FRC
1232
DELISTED
First Republic Bank
FRC
| $50.4M | 0.02% |
579,552
+20,290
| +4% | +$1.85M |
|
1233
EastGroup Properties
EGP
$11.2B
| $50.4M | 0.02% |
548,940
+13,551
| +3% | +$1.31M |
|
|
EE
1234
DELISTED
El Paso Electric Company
EE
| $50.3M | 0.02% |
1,003,780
+6,631
| +0.7% | +$373K |
|
1235
Genworth Financial
GNW
$3.76B
| $50.2M | 0.02% |
10,779,677
-240,820
| -2% | -$1.04M |
|
1236
Pricesmart
PSMT
$5.98B
| $50.2M | 0.02% |
849,632
+123,795
| +17% | +$8.52M |
|
|
BIG
1237
DELISTED
Big Lots, Inc.
BIG
| $50.2M | 0.02% |
1,735,494
+46,712
| +3% | +$1.82M |
|
1238
TransDigm Group
TDG
$70.2B
| $50.2M | 0.02% |
147,583
+6,694
| +5% | +$2.3M |
|
1239
Mercer International
MERC
$42.3M
| $50.2M | 0.02% |
4,806,112
+83,850
| +2% | +$1.17M |
|
1240
Cleveland-Cliffs
CLF
$6.57B
| $50.2M | 0.02% |
6,523,885
+209,867
| +3% | +$2.1M |
|
1241
TriNet
TNET
$3.02B
| $50.1M | 0.02% |
1,194,387
+87,241
| +8% | +$4.02M |
|
1242
Howard Hughes
HHH
$3.81B
| $50.1M | 0.02% |
538,009
+69,199
| +15% | +$7.2M |
|
1243
FirstEnergy
FE
$28B
| $50M | 0.02% |
1,332,403
+148,050
| +13% | +$5.61M |
|
1244
Globe Life
GL
$14.2B
| $50M | 0.02% |
670,350
-2,529
| -0.4% | -$210K |
|
1245
Itaú Unibanco
ITUB
$93.2B
| $49.9M | 0.02% |
7,502,770
-7,073,556
| -49% | -$45.4M |
|
1246
Protolabs
PRLB
$1.79B
| $49.9M | 0.02% |
442,243
+10,667
| +2% | +$1.32M |
|
1247
Las Vegas Sands
LVS
$31.7B
| $49.9M | 0.02% |
957,989
+15,346
| +2% | +$832K |
|
1248
National Health Investors
NHI
$3.72B
| $49.8M | 0.02% |
659,882
+14,805
| +2% | +$1.12M |
|
1249
CorVel
CRVL
$3.06B
| $49.7M | 0.02% |
2,416,932
+29,001
| +1% | +$592K |
|
1250
Coty
COTY
$2.42B
| $49.7M | 0.02% |
7,578,515
+2,759,305
| +57% | +$25.5M |
|
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.