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 |
Walt Disney
DIS
|
+$243M |
| 2 |
Chevron
CVX
|
+$221M |
| 3 |
JPMorgan Chase
JPM
|
+$202M |
| 4 |
FITB
Fifth Third Bancorp
FITB
|
+$194M |
| 5 |
RTX Corp
RTX
|
+$130M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ESL
Esterline Technologies
ESL
|
+$286M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$221M |
| 3 |
MBFI
MB Financial Corp
MBFI
|
+$199M |
| 4 |
AHL
ASPEN Insurance Holding Limited
AHL
|
+$191M |
| 5 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$99.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.19% |
| 2 | Industrials | 13.21% |
| 3 | Technology | 13.18% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Healthcare | 9.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NAV
1351
DELISTED
Navistar International
NAV
| $52.6M | 0.02% |
1,628,799
+214,579
| +15% | +$7.13M |
|
1352
ArcelorMittal
MT
$55.7B
| $52.5M | 0.02% |
2,576,919
+39,393
| +2% | +$873K |
|
1353
Cimpress
CMPR
$2.43B
| $52.5M | 0.02% |
654,879
-474
| -0.1% | -$43.3K |
|
1354
A.O. Smith
AOS
$8.38B
| $52.4M | 0.02% |
983,374
+132,220
| +16% | +$6.57M |
|
1355
First Bancorp
FBNC
$2.7B
| $52.4M | 0.02% |
1,507,852
-5,645
| -0.4% | -$207K |
|
1356
Dycom Industries
DY
$12.5B
| $52.3M | 0.02% |
1,138,801
+116,864
| +11% | +$6.4M |
|
1357
MDU Resources
MDU
$4.19B
| $52.3M | 0.02% |
5,323,497
+244,229
| +5% | +$2.37M |
|
|
OPB
1358
DELISTED
Opus Bank Common Stock
OPB
| $52.3M | 0.02% |
2,639,265
+138,845
| +6% | +$2.94M |
|
1359
Heritage Financial
HFWA
$1.24B
| $52.2M | 0.02% |
1,733,135
+4,893
| +0.3% | +$153K |
|
1360
Sunstone Hotel Investors
SHO
$2.18B
| $52.2M | 0.02% |
3,624,157
+42,174
| +1% | +$607K |
|
1361
International Flavors & Fragrances
IFF
$20.5B
| $52.1M | 0.02% |
404,719
+62,679
| +18% | +$8.31M |
|
1362
Boot Barn
BOOT
$4.95B
| $51.9M | 0.02% |
1,762,907
-112,786
| -6% | -$2.85M |
|
|
FFIC
1363
DELISTED
Flushing Financial
FFIC
| $51.9M | 0.02% |
2,365,457
-15,859
| -0.7% | -$357K |
|
|
PSB
1364
DELISTED
PS Business Parks, Inc.
PSB
| $51.9M | 0.02% |
330,719
+2,923
| +0.9% | +$426K |
|
1365
Blackbaud
BLKB
$2.01B
| $51.8M | 0.02% |
649,798
+62,161
| +11% | +$4.56M |
|
1366
Usana Health Sciences
USNA
$425M
| $51.8M | 0.02% |
617,677
-9,872
| -2% | -$1.03M |
|
|
KEM
1367
DELISTED
KEMET Corporation
KEM
| $51.8M | 0.02% |
3,050,674
+17,232
| +0.6% | +$317K |
|
1368
IPG Photonics
IPGP
$3.78B
| $51.7M | 0.02% |
340,690
+14,244
| +4% | +$2.02M |
|
1369
Builders FirstSource
BLDR
$7.82B
| $51.6M | 0.02% |
3,871,302
+328,792
| +9% | +$4.32M |
|
1370
Ameren
AEE
$30.1B
| $51.6M | 0.02% |
701,074
+33,040
| +5% | +$2.3M |
|
1371
Edison International
EIX
$27.6B
| $51.5M | 0.02% |
831,671
+21,544
| +3% | +$1.29M |
|
|
FLIR
1372
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $51.5M | 0.02% |
1,081,744
-54,247
| -5% | -$2.62M |
|
|
AZPN
1373
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $51.4M | 0.02% |
492,839
+4,354
| +0.9% | +$454K |
|
1374
America's Car Mart
CRMT
$28.6M
| $51.4M | 0.02% |
562,534
-7,946
| -1% | -$618K |
|
1375
Marcus & Millichap
MMI
$1.17B
| $51.4M | 0.02% |
1,261,381
+41,873
| +3% | +$1.6M |
|
Similar funds
Dimensional Fund Advisors's Q1 2019 Portfolio in Review
As of Q1 2019, Dimensional Fund Advisors held 3,518 positions worth $251B, up 14% from $221B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Trading was light in Q1 2019: portfolio turnover was 4%. Dimensional Fund Advisors opened 69 new positions and exited 72, leaving the 3,518-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q1 2019 buy was Fox Class A: 1,480,073 shares worth $54.3M.
- Dimensional Fund Advisors added most to Walt Disney in Q1 2019, an estimated $243M increase.
- Dimensional Fund Advisors's biggest Q1 2019 reduction was Marathon Petroleum, cutting an estimated $95.7M.
- Dimensional Fund Advisors fully exited Esterline Technologies in Q1 2019, selling an estimated $286M.
- Dimensional Fund Advisors's ten largest holdings make up 9.6% of its $251B portfolio in Q1 2019.
- Dimensional Fund Advisors opened 69 new positions and closed 72 in Q1 2019.
- Dimensional Fund Advisors's portfolio value rose 14% quarter-over-quarter to $251B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2019, filed 10 May 2019.