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 | |
|---|---|---|---|---|---|---|
1301
VeriSign
VRSN
$26.2B
| $47.8M | 0.02% |
322,546
+20,171
| +7% | +$3.03M |
|
|
COR
1302
DELISTED
Coresite Realty Corporation
COR
| $47.7M | 0.02% |
546,769
+19,319
| +4% | +$1.87M |
|
1303
Stoneridge
SRI
$195M
| $47.6M | 0.02% |
1,932,443
+2,456
| +0.1% | +$62.4K |
|
1304
Methode Electronics
MEI
$496M
| $47.6M | 0.02% |
2,044,384
-10,691
| -0.5% | -$301K |
|
|
BPYU
1305
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $47.5M | 0.02% |
2,953,490
-113,258
| -4% | -$2.07M |
|
1306
Cannae Holdings
CNNE
$639M
| $47.5M | 0.02% |
2,777,406
+155,878
| +6% | +$2.81M |
|
1307
Lumentum
LITE
$55.5B
| $47.5M | 0.02% |
1,131,377
+272,165
| +32% | +$13.4M |
|
1308
Columbia Sportswear
COLM
$3.04B
| $47.5M | 0.02% |
564,844
-59,392
| -10% | -$5.27M |
|
1309
AZZ Inc
AZZ
$4.35B
| $47.5M | 0.02% |
1,175,715
-28,946
| -2% | -$1.31M |
|
1310
Columbus McKinnon
CMCO
$553M
| $47.4M | 0.02% |
1,573,627
+60,612
| +4% | +$2.06M |
|
1311
UGI
UGI
$7.74B
| $47.4M | 0.02% |
888,855
+29,409
| +3% | +$1.63M |
|
1312
East-West Bancorp
EWBC
$17.9B
| $47.4M | 0.02% |
1,089,039
+61,044
| +6% | +$3.17M |
|
|
WRI
1313
DELISTED
Weingarten Realty Investors
WRI
| $47.2M | 0.02% |
1,904,082
-1,969
| -0.1% | -$54.7K |
|
|
ATRI
1314
DELISTED
Atrion Corp
ATRI
| $47.2M | 0.02% |
63,737
+760
| +1% | +$543K |
|
1315
Teradata
TDC
$2.92B
| $47.2M | 0.02% |
1,230,331
+126,603
| +11% | +$4.63M |
|
1316
Western Alliance Bancorporation
WAL
$8.79B
| $47.2M | 0.02% |
1,194,381
+42,204
| +4% | +$2M |
|
1317
Graco
GGG
$12.9B
| $47.1M | 0.02% |
1,125,961
+130,867
| +13% | +$5.47M |
|
1318
Teradyne
TER
$57.6B
| $47.1M | 0.02% |
1,501,041
+84,277
| +6% | +$2.86M |
|
|
BGG
1319
DELISTED
Briggs & Stratton Corp.
BGG
| $47.1M | 0.02% |
3,600,469
-6,462
| -0.2% | -$99.6K |
|
1320
Woodward
WWD
$21.3B
| $47.1M | 0.02% |
633,652
+26,734
| +4% | +$2.06M |
|
1321
NCR Voyix
VYX
$1.14B
| $47M | 0.02% |
3,320,478
+406,343
| +14% | +$6.38M |
|
|
SLCA
1322
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $47M | 0.02% |
4,616,371
+699,673
| +18% | +$10.2M |
|
|
ITG
1323
DELISTED
Investment Technology Group Inc
ITG
| $47M | 0.02% |
1,553,302
-11,901
| -0.8% | -$341K |
|
1324
Brunswick
BC
$5.13B
| $47M | 0.02% |
1,011,112
+34,428
| +4% | +$1.84M |
|
1325
Bright Horizons
BFAM
$3.92B
| $46.9M | 0.02% |
420,604
+8,582
| +2% | +$987K |
|
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.