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 | |
|---|---|---|---|---|---|---|
1526
American Vanguard Corp
AVD
$68.4M
| $38.7M | 0.02% |
2,549,731
+25,250
| +1% | +$416K |
|
|
CBPX
1527
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $38.7M | 0.02% |
1,520,732
+9,259
| +0.6% | +$271K |
|
1528
STAG Industrial
STAG
$7.38B
| $38.7M | 0.02% |
1,555,175
+48,941
| +3% | +$1.28M |
|
1529
Neogen
NEOG
$2.63B
| $38.7M | 0.02% |
1,357,374
+82,102
| +6% | +$2.57M |
|
1530
Builders FirstSource
BLDR
$7.15B
| $38.6M | 0.02% |
3,542,510
+182,727
| +5% | +$2.3M |
|
1531
Pegasystems
PEGA
$5.02B
| $38.5M | 0.02% |
1,609,596
-79,344
| -5% | -$2.08M |
|
|
OSG
1532
Octave Specialty Group
OSG
$243M
| $38.3M | 0.02% |
2,219,789
-288,416
| -11% | -$5.3M |
|
|
RUTH
1533
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $38.2M | 0.02% |
1,682,164
-46,885
| -3% | -$1.24M |
|
1534
Rayonier Advanced Materials
RYAM
$604M
| $38.1M | 0.02% |
3,578,683
+593,033
| +20% | +$8.07M |
|
1535
Adtran
ADTN
$689M
| $38.1M | 0.02% |
3,543,613
+6,373
| +0.2% | +$86.9K |
|
|
WBT
1536
DELISTED
Welbilt, Inc.
WBT
| $38.1M | 0.02% |
3,425,057
+50,038
| +1% | +$772K |
|
1537
Crown Holdings
CCK
$12.8B
| $38M | 0.02% |
915,116
+329,919
| +56% | +$15.3M |
|
1538
HCI Group
HCI
$2.23B
| $38M | 0.02% |
746,930
-6,084
| -0.8% | -$298K |
|
|
MTSC
1539
DELISTED
MTS Systems Corp
MTSC
| $37.8M | 0.02% |
943,097
+69,717
| +8% | +$3.36M |
|
1540
Amphastar Pharmaceuticals
AMPH
$879M
| $37.8M | 0.02% |
1,901,231
-8,652
| -0.5% | -$171K |
|
|
DO
1541
DELISTED
Diamond Offshore Drilling
DO
| $37.8M | 0.02% |
4,004,510
+992,277
| +33% | +$14.1M |
|
1542
Wynn Resorts
WYNN
$10.3B
| $37.8M | 0.02% |
382,100
-1,037
| -0.3% | -$112K |
|
1543
CenterPoint Energy
CNP
$27.7B
| $37.8M | 0.02% |
1,338,732
+238,563
| +22% | +$6.66M |
|
|
PEGI
1544
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $37.7M | 0.02% |
2,026,095
+83,674
| +4% | +$1.63M |
|
1545
Rexford Industrial Realty
REXR
$8.42B
| $37.6M | 0.02% |
1,277,233
+47,983
| +4% | +$1.52M |
|
1546
Rollins
ROL
$18.3B
| $37.6M | 0.02% |
1,563,617
+112,025
| +8% | +$2.89M |
|
|
NFX
1547
DELISTED
Newfield Exploration
NFX
| $37.5M | 0.02% |
2,557,119
+48,821
| +2% | +$982K |
|
1548
NiSource
NI
$21.3B
| $37.4M | 0.02% |
1,475,444
+74,548
| +5% | +$1.92M |
|
1549
Stellantis
STLA
$21.7B
| $37.4M | 0.02% |
2,584,154
-105,182
| -4% | -$1.69M |
|
|
SEE
1550
DELISTED
Sealed Air
SEE
| $37.4M | 0.02% |
1,072,521
+82,856
| +8% | +$2.89M |
|
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.