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 | |
|---|---|---|---|---|---|---|
2026
Alnylam Pharmaceuticals
ALNY
$27.5B
| $21M | 0.01% |
224,470
-678
| -0.3% | -$56.7K |
|
|
XYZ
2027
Block Inc
XYZ
$48.4B
| $21M | 0.01% |
279,800
+10,818
| +4% | +$784K |
|
|
IPHI
2028
DELISTED
INPHI CORPORATION
IPHI
| $20.9M | 0.01% |
478,041
-7,445
| -2% | -$296K |
|
|
LFC
2029
DELISTED
China Life Insurance Company Ltd.
LFC
| $20.9M | 0.01% |
1,558,036
-20,001
| -1% | -$252K |
|
2030
Sterling Infrastructure
STRL
$18.3B
| $20.8M | 0.01% |
1,664,735
+29,838
| +2% | +$396K |
|
2031
Bristow Group
VTOL
$1.34B
| $20.8M | 0.01% |
900,615
+13,310
| +2% | +$281K |
|
|
WAGE
2032
DELISTED
WageWorks, Inc.
WAGE
| $20.7M | 0.01% |
547,592
-1,831
| -0.3% | -$59.8K |
|
|
ULTI
2033
DELISTED
Ultimate Software Group Inc
ULTI
| $20.7M | 0.01% |
62,609
-8,440
| -12% | -$2.59M |
|
2034
Simply Good Foods
SMPL
$901M
| $20.6M | 0.01% |
998,666
+163,778
| +20% | +$3.27M |
|
2035
Village Super Market
VLGEA
$651M
| $20.5M | 0.01% |
751,112
+24,591
| +3% | +$696K |
|
2036
Tootsie Roll Industries
TR
$2.93B
| $20.5M | 0.01% |
676,351
-4,222
| -0.6% | -$119K |
|
2037
Cameco
CCJ
$37.6B
| $20.5M | 0.01% |
1,734,661
-12,004
| -0.7% | -$144K |
|
2038
Prothena Corp
PRTA
$425M
| $20.4M | 0.01% |
1,683,359
+410,527
| +32% | +$5.13M |
|
2039
PetMed Express
PETS
$41.7M
| $20.4M | 0.01% |
896,045
+1,193
| +0.1% | +$26.9K |
|
2040
MacroGenics
MGNX
$235M
| $20.4M | 0.01% |
1,133,757
+325,556
| +40% | +$5.63M |
|
2041
SEACOR Marine Holdings
SMHI
$256M
| $20.4M | 0.01% |
1,529,228
+21,016
| +1% | +$281K |
|
2042
United States Lime & Minerals
USLM
$3.16B
| $20.3M | 0.01% |
1,318,295
-920
| -0.1% | -$13.3K |
|
|
GHL
2043
DELISTED
Greenhill & Co., Inc.
GHL
| $20.3M | 0.01% |
943,540
-178,014
| -16% | -$4.42M |
|
|
COWN
2044
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $20.3M | 0.01% |
1,399,699
-27,653
| -2% | -$423K |
|
|
ACH
2045
Accendra Health
ACH
$237M
| $20.3M | 0.01% |
4,945,054
-52,919
| -1% | -$335K |
|
2046
Lloyds Banking Group
LYG
$89.5B
| $20.3M | 0.01% |
6,308,792
-577,062
| -8% | -$1.76M |
|
2047
Ribbon Communications
RBBN
$377M
| $20.2M | 0.01% |
3,921,496
+115,574
| +3% | +$619K |
|
2048
Hain Celestial
HAIN
$45M
| $20M | 0.01% |
866,924
-26,667
| -3% | -$514K |
|
|
EXAS
2049
DELISTED
Exact Sciences
EXAS
| $20M | 0.01% |
231,425
-14,172
| -6% | -$1.21M |
|
|
GLUU
2050
DELISTED
Glu Mobile Inc.
GLUU
| $20M | 0.01% |
1,829,158
-124,096
| -6% | -$1.17M |
|
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.