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 | |
|---|---|---|---|---|---|---|
|
CNR
2151
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $14.7M | 0.01% |
2,033,165
+66,446
| +3% | +$797K |
|
|
CTO
2152
CTO Realty Growth
CTO
$824M
| $14.7M | 0.01% |
1,030,356
+41,965
| +4% | +$657K |
|
|
VMW
2153
DELISTED
VMware, Inc
VMW
| $14.7M | 0.01% |
106,875
+1,364
| +1% | +$206K |
|
2154
Upbound Group
UPBD
$1.13B
| $14.7M | 0.01% |
905,286
-13,791
| -2% | -$200K |
|
|
CBB
2155
DELISTED
Cincinnati Bell Inc.
CBB
| $14.6M | 0.01% |
1,880,058
+122,482
| +7% | +$1.5M |
|
2156
Flexsteel Industries
FLXS
$302M
| $14.6M | 0.01% |
662,299
+2,195
| +0.3% | +$55.9K |
|
|
FLIC
2157
DELISTED
First of Long Island Corp
FLIC
| $14.6M | 0.01% |
732,545
+61,242
| +9% | +$1.26M |
|
2158
Utah Medical Products
UTMD
$225M
| $14.6M | 0.01% |
175,614
+2,336
| +1% | +$206K |
|
2159
Nathan's Famous
NATH
$402M
| $14.5M | 0.01% |
218,248
+445
| +0.2% | +$32.8K |
|
|
ABB
2160
DELISTED
ABB Ltd
ABB
| $14.5M | 0.01% |
762,768
-671
| -0.1% | -$13.6K |
|
2161
AXT Inc
AXTI
$3.95B
| $14.5M | 0.01% |
3,326,429
+5,833
| +0.2% | +$32.4K |
|
|
TBNK
2162
DELISTED
Territorial Bancorp Inc.
TBNK
| $14.4M | 0.01% |
556,078
+20,139
| +4% | +$558K |
|
2163
Xencor
XNCR
$1.5B
| $14.4M | 0.01% |
399,186
+119,347
| +43% | +$4.38M |
|
2164
West Bancorporation
WTBA
$478M
| $14.4M | 0.01% |
753,234
+8,672
| +1% | +$183K |
|
|
WUBA
2165
DELISTED
58.com Inc
WUBA
| $14.4M | 0.01% |
265,073
-63,652
| -19% | -$3.88M |
|
2166
Banco Santander
SAN
$201B
| $14.4M | 0.01% |
3,348,188
+24,955
| +0.8% | +$113K |
|
|
SPA
2167
DELISTED
Sparton
SPA
| $14.4M | 0.01% |
789,910
+37,955
| +5% | +$556K |
|
2168
NeoGenomics
NEO
$1.96B
| $14.4M | 0.01% |
1,138,241
+172,451
| +18% | +$2.57M |
|
2169
Talos Energy
TALO
$2.53B
| $14.3M | 0.01% |
875,638
+181,910
| +26% | +$4.3M |
|
2170
EQT Corp
EQT
$33.3B
| $14.3M | 0.01% |
755,912
-833,769
| -52% | -$16.9M |
|
|
MNR
2171
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $14.3M | 0.01% |
1,151,543
+102,063
| +10% | +$1.49M |
|
|
ASRT
2172
DELISTED
Assertio
ASRT
| $14.3M | 0.01% |
65,809
+3,443
| +6% | +$1.03M |
|
|
SGMO
2173
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $14.2M | 0.01% |
1,239,110
+1,017,573
| +459% | +$12.6M |
|
|
FFNW
2174
DELISTED
First Financial Northwest, Inc
FFNW
| $14.2M | 0.01% |
917,300
-129
| -0% | -$1.97K |
|
2175
Hain Celestial
HAIN
$45M
| $14.2M | 0.01% |
893,591
-25,306
| -3% | -$563K |
|
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.