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 | |
|---|---|---|---|---|---|---|
|
TEN
1476
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $47.4M | 0.02% |
2,138,408
+623,612
| +41% | +$19.7M |
|
1477
Lakeland Financial Corp
LKFN
$1.56B
| $47.4M | 0.02% |
1,047,634
-1,500
| -0.1% | -$68.4K |
|
1478
HNI Corp
HNI
$3.43B
| $47.3M | 0.02% |
1,303,570
+11,551
| +0.9% | +$444K |
|
|
TRK
1479
DELISTED
Speedway Motorsports, Inc.
TRK
| $47.3M | 0.02% |
3,268,782
+10,530
| +0.3% | +$173K |
|
1480
BHP
BHP
$212B
| $47.3M | 0.02% |
969,210
-15,481
| -2% | -$706K |
|
1481
Enviri
NVRI
$651M
| $47.3M | 0.02% |
2,344,148
+15,101
| +0.6% | +$325K |
|
1482
Papa John's
PZZA
$1.02B
| $47.2M | 0.02% |
892,131
-8,101
| -0.9% | -$358K |
|
1483
Exelixis
EXEL
$13.8B
| $47.2M | 0.02% |
1,983,380
+601,948
| +44% | +$13.7M |
|
1484
Enova International
ENVA
$6.44B
| $47.2M | 0.02% |
2,068,104
-54,352
| -3% | -$1.28M |
|
1485
Cohen & Steers
CNS
$4.35B
| $47.2M | 0.02% |
1,115,468
+45,050
| +4% | +$1.75M |
|
1486
EPAM Systems
EPAM
$5.6B
| $47.2M | 0.02% |
278,789
-8,808
| -3% | -$1.32M |
|
|
HTO
1487
H2O America
HTO
$2.56B
| $47.1M | 0.02% |
763,203
+53,131
| +7% | +$3.19M |
|
1488
Protolabs
PRLB
$1.92B
| $47.1M | 0.02% |
447,539
+5,296
| +1% | +$594K |
|
1489
STAG Industrial
STAG
$7.44B
| $47M | 0.02% |
1,584,948
+29,773
| +2% | +$822K |
|
1490
Sally Beauty Holdings
SBH
$1.54B
| $46.9M | 0.02% |
2,550,141
+17,709
| +0.7% | +$316K |
|
|
POLY
1491
DELISTED
Plantronics, Inc.
POLY
| $46.8M | 0.02% |
1,015,376
+86,502
| +9% | +$3.78M |
|
1492
Pinnacle West Capital
PNW
$12.2B
| $46.8M | 0.02% |
489,793
+5,467
| +1% | +$493K |
|
1493
Chefs' Warehouse
CHEF
$4.54B
| $46.8M | 0.02% |
1,507,151
-5,428
| -0.4% | -$178K |
|
|
LMNX
1494
DELISTED
Luminex Corp
LMNX
| $46.7M | 0.02% |
2,029,852
+63,825
| +3% | +$1.6M |
|
1495
Arcosa
ACA
$7.14B
| $46.7M | 0.02% |
1,528,553
-28,452
| -2% | -$869K |
|
1496
Comtech Telecommunications
CMTL
$49.7M
| $46.6M | 0.02% |
2,006,849
-2,532
| -0.1% | -$62.7K |
|
|
NE
1497
DELISTED
Noble Corporation
NE
| $46.6M | 0.02% |
16,230,253
-715,728
| -4% | -$2.23M |
|
1498
CMS Energy
CMS
$22.5B
| $46.5M | 0.02% |
836,541
+27,579
| +3% | +$1.45M |
|
1499
Quanex
NX
$883M
| $46.4M | 0.02% |
2,921,123
-46,208
| -2% | -$733K |
|
|
BKI
1500
DELISTED
Black Knight, Inc. Common Stock
BKI
| $46.4M | 0.02% |
850,724
+29,476
| +4% | +$1.49M |
|
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.