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 | |
|---|---|---|---|---|---|---|
|
EXTN
1376
DELISTED
Exterran Corporation
EXTN
| $51.3M | 0.02% |
3,047,407
+4,786
| +0.2% | +$85.2K |
|
1377
Acuity Brands
AYI
$10.2B
| $51.3M | 0.02% |
427,707
+26,052
| +6% | +$3.24M |
|
|
MAGN
1378
Magnera Corp
MAGN
$490M
| $51.3M | 0.02% |
279,575
-1,979
| -0.7% | -$333K |
|
1379
National Health Investors
NHI
$3.6B
| $51.3M | 0.02% |
653,260
-6,622
| -1% | -$526K |
|
|
CIR
1380
DELISTED
CIRCOR International, Inc
CIR
| $51.3M | 0.02% |
1,573,611
+56,569
| +4% | +$1.65M |
|
1381
US Physical Therapy
USPH
$1.19B
| $51.3M | 0.02% |
488,333
-5,193
| -1% | -$558K |
|
1382
MaxLinear
MXL
$6.52B
| $51.3M | 0.02% |
2,008,785
+116,554
| +6% | +$2.55M |
|
1383
SLM Corp
SLM
$5.19B
| $51.2M | 0.02% |
5,170,754
-18,461
| -0.4% | -$191K |
|
|
CHX
1384
DELISTED
ChampionX
CHX
| $51.2M | 0.02% |
1,246,988
+186,791
| +18% | +$6.91M |
|
|
DO
1385
DELISTED
Diamond Offshore Drilling
DO
| $51.2M | 0.02% |
4,879,651
+875,141
| +22% | +$9.25M |
|
|
TVPT
1386
DELISTED
Travelport Worldwide Limited
TVPT
| $51.1M | 0.02% |
3,251,696
-1,661
| -0.1% | -$26.1K |
|
1387
Leggett & Platt
LEG
$1.39B
| $50.9M | 0.02% |
1,205,956
+16,493
| +1% | +$693K |
|
1388
Helios Technologies
HLIO
$2.68B
| $50.9M | 0.02% |
1,093,803
+58,750
| +6% | +$2.35M |
|
1389
Chesapeake Utilities
CPK
$3.17B
| $50.7M | 0.02% |
556,272
+2,656
| +0.5% | +$236K |
|
|
VAR
1390
DELISTED
Varian Medical Systems, Inc.
VAR
| $50.7M | 0.02% |
357,690
+2,516
| +0.7% | +$330K |
|
|
SEE
1391
DELISTED
Sealed Air
SEE
| $50.6M | 0.02% |
1,098,674
+26,153
| +2% | +$1.09M |
|
1392
American Airlines Group
AAL
$10.8B
| $50.6M | 0.02% |
1,593,626
-18,952
| -1% | -$637K |
|
|
TCO
1393
DELISTED
Taubman Centers Inc.
TCO
| $50.5M | 0.02% |
955,187
-7,444
| -0.8% | -$377K |
|
|
ENLC
1394
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $50.5M | 0.02% |
3,951,234
-363,066
| -8% | -$4.1M |
|
1395
Erie Indemnity
ERIE
$12.4B
| $50.5M | 0.02% |
282,728
+2,550
| +0.9% | +$409K |
|
1396
Entergy
ETR
$50.5B
| $50.4M | 0.02% |
1,054,340
+32,608
| +3% | +$1.47M |
|
|
CNSL
1397
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $50.3M | 0.02% |
4,613,589
+293,476
| +7% | +$3.07M |
|
1398
Kforce
KFRC
$1.02B
| $50.3M | 0.02% |
1,432,830
-10,275
| -0.7% | -$356K |
|
1399
Movado Group
MOV
$872M
| $50.3M | 0.02% |
1,382,663
-7,144
| -0.5% | -$239K |
|
1400
Banc of California
BANC
$3.15B
| $50.3M | 0.02% |
3,633,864
+384,597
| +12% | +$5.74M |
|
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.