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 | |
|---|---|---|---|---|---|---|
1326
Community Trust Bancorp
CTBI
$1.42B
| $46.8M | 0.02% |
1,181,127
+14,249
| +1% | +$625K |
|
1327
Newell Brands
NWL
$2.38B
| $46.7M | 0.02% |
2,513,917
+226,111
| +10% | +$4.5M |
|
1328
Allegiant Air
ALGT
$2.64B
| $46.7M | 0.02% |
465,922
+20,082
| +5% | +$2.4M |
|
1329
Douglas Dynamics
PLOW
$1.02B
| $46.7M | 0.02% |
1,300,527
-21,813
| -2% | -$856K |
|
1330
Orthofix Medical
OFIX
$477M
| $46.7M | 0.02% |
889,041
-4,365
| -0.5% | -$248K |
|
1331
Sunstone Hotel Investors
SHO
$2.19B
| $46.6M | 0.02% |
3,581,983
+36,898
| +1% | +$543K |
|
1332
SunCoke Energy
SXC
$720M
| $46.6M | 0.02% |
5,446,080
-2,100
| -0% | -$21.5K |
|
1333
Federal Agricultural Mortgage
AGM
$2.47B
| $46.5M | 0.02% |
769,258
+5,104
| +0.7% | +$339K |
|
1334
Power Integrations
POWI
$3.38B
| $46.5M | 0.02% |
1,524,362
+92,162
| +6% | +$2.72M |
|
1335
Lincoln Electric
LECO
$14.2B
| $46.5M | 0.02% |
589,395
+20,307
| +4% | +$1.69M |
|
1336
Perdoceo Education
PRDO
$1.99B
| $46.5M | 0.02% |
4,068,170
-76,847
| -2% | -$1.02M |
|
1337
TriCo Bancshares
TCBK
$1.84B
| $46.4M | 0.02% |
1,372,512
+92,775
| +7% | +$3.34M |
|
1338
Hubbell
HUBB
$25B
| $46.4M | 0.02% |
466,821
+86,436
| +23% | +$9.48M |
|
1339
Sabra Healthcare REIT
SBRA
$5.34B
| $46.3M | 0.02% |
2,808,783
+25,419
| +0.9% | +$512K |
|
1340
Booz Allen Hamilton
BAH
$8.39B
| $46.3M | 0.02% |
1,026,990
+24,868
| +2% | +$1.22M |
|
1341
Donaldson
DCI
$10.9B
| $46.3M | 0.02% |
1,066,429
+33,976
| +3% | +$1.76M |
|
1342
Enviri
NVRI
$623M
| $46.3M | 0.02% |
2,329,047
+58,735
| +3% | +$1.46M |
|
1343
Stratasys
SSYS
$679M
| $46.2M | 0.02% |
2,567,199
-135,821
| -5% | -$2.84M |
|
1344
Factset
FDS
$9.36B
| $46.2M | 0.02% |
230,997
+32,222
| +16% | +$7.1M |
|
1345
Baker Hughes
BKR
$60B
| $46.2M | 0.02% |
2,149,377
-19,689
| -0.9% | -$503K |
|
1346
Toro Company
TTC
$8.75B
| $46.2M | 0.02% |
826,560
+79,209
| +11% | +$4.6M |
|
1347
Acuity Brands
AYI
$9.83B
| $46.2M | 0.02% |
401,655
+119,548
| +42% | +$14.8M |
|
1348
Modine Manufacturing
MOD
$10.7B
| $46.1M | 0.02% |
4,264,982
+39,017
| +0.9% | +$497K |
|
|
LSXMK
1349
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $46.1M | 0.02% |
1,635,656
-372
| -0% | -$11.3K |
|
1350
MDU Resources
MDU
$4.17B
| $46M | 0.02% |
5,079,268
+532,694
| +12% | +$5.2M |
|
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.