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 | |
|---|---|---|---|---|---|---|
|
GRUB
1776
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $28.2M | 0.01% |
183,618
-10,579
| -5% | -$1.98M |
|
|
EGOV
1777
DELISTED
NIC Inc
EGOV
| $28.2M | 0.01% |
2,257,494
+56,159
| +3% | +$749K |
|
|
WRD
1778
DELISTED
WildHorse Resource Development
WRD
| $28.1M | 0.01% |
1,994,185
+65,994
| +3% | +$1.3M |
|
|
DOOR
1779
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $28.1M | 0.01% |
627,512
+18,647
| +3% | +$1.01M |
|
1780
Ligand Pharmaceuticals
LGND
$5.76B
| $28.1M | 0.01% |
332,312
+51,450
| +18% | +$5.48M |
|
1781
DXP Enterprises
DXPE
$2.43B
| $28.1M | 0.01% |
1,010,183
+13,270
| +1% | +$470K |
|
1782
Pearson
PSO
$10.2B
| $28.1M | 0.01% |
2,354,598
-72,665
| -3% | -$840K |
|
1783
Globant
GLOB
$1.58B
| $28.1M | 0.01% |
498,392
+106,241
| +27% | +$5.7M |
|
1784
NRC Health Common Stock
NRC
$432M
| $28M | 0.01% |
733,832
+3,622
| +0.5% | +$139K |
|
|
MEET
1785
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $28M | 0.01% |
6,042,922
-93,312
| -2% | -$398K |
|
1786
eHealth
EHTH
$42.2M
| $27.9M | 0.01% |
727,294
+44,820
| +7% | +$1.51M |
|
1787
Winmark
WINA
$1.2B
| $27.9M | 0.01% |
175,669
+655
| +0.4% | +$100K |
|
1788
Chemours
CC
$2.5B
| $27.9M | 0.01% |
989,719
+27,651
| +3% | +$875K |
|
1789
GoDaddy
GDDY
$11B
| $27.9M | 0.01% |
425,262
+38,722
| +10% | +$2.65M |
|
1790
Hackett Group
HCKT
$270M
| $27.9M | 0.01% |
1,741,690
+8,701
| +0.5% | +$162K |
|
1791
United Parks & Resorts
PRKS
$2.1B
| $27.9M | 0.01% |
1,261,919
+352,071
| +39% | +$9.41M |
|
1792
Groupon
GRPN
$1.05B
| $27.9M | 0.01% |
435,580
+81,319
| +23% | +$5.23M |
|
|
HAYN
1793
DELISTED
Haynes International, Inc.
HAYN
| $27.8M | 0.01% |
1,054,319
+1,790
| +0.2% | +$55.4K |
|
|
SIX
1794
DELISTED
Six Flags Entertainment Corp.
SIX
| $27.8M | 0.01% |
499,387
+10,856
| +2% | +$649K |
|
1795
Cato Corp
CATO
$68.3M
| $27.7M | 0.01% |
1,937,720
-27,388
| -1% | -$472K |
|
|
MOMO
1796
Hello Group
MOMO
$885M
| $27.6M | 0.01% |
1,160,402
+119,430
| +11% | +$3.76M |
|
1797
Lifecore Biomedical
LFCR
$166M
| $27.6M | 0.01% |
2,331,656
-523
| -0% | -$7.18K |
|
1798
Imperial Oil
IMO
$62.7B
| $27.5M | 0.01% |
1,087,250
+75,187
| +7% | +$2.28M |
|
1799
Park-Ohio Holdings
PKOH
$575M
| $27.5M | 0.01% |
896,556
+18,974
| +2% | +$662K |
|
1800
JD.com
JD
$44.6B
| $27.5M | 0.01% |
1,307,943
+222,161
| +20% | +$4.97M |
|
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.