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 | |
|---|---|---|---|---|---|---|
|
SJR
2251
DELISTED
Shaw Communications Inc.
SJR
| $11.9M | 0.01% |
658,236
+54,894
| +9% | +$1.03M |
|
2252
Independence Realty Trust
IRT
$3.92B
| $11.9M | 0.01% |
1,293,594
+105,833
| +9% | +$1.04M |
|
|
ACHN
2253
DELISTED
Achillion Pharmaceuticals
ACHN
| $11.8M | 0.01% |
7,442,477
+259,762
| +4% | +$734K |
|
|
USAP
2254
DELISTED
Universal Stainless & Alloy
USAP
| $11.8M | 0.01% |
729,467
+5,312
| +0.7% | +$108K |
|
2255
CGI
GIB
$15.1B
| $11.8M | 0.01% |
192,719
+3,974
| +2% | +$245K |
|
|
MBTF
2256
DELISTED
MBT Financial Corporation
MBTF
| $11.8M | 0.01% |
1,265,937
-5,387
| -0.4% | -$59.1K |
|
|
IVC
2257
DELISTED
Invacare Corporation
IVC
| $11.7M | 0.01% |
2,723,768
-72,461
| -3% | -$640K |
|
|
DFRG
2258
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $11.7M | 0.01% |
1,637,074
+44,119
| +3% | +$312K |
|
|
TPCO
2259
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $11.7M | 0.01% |
1,030,878
+189,285
| +22% | +$2.74M |
|
|
HT
2260
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $11.7M | 0.01% |
665,623
-67,674
| -9% | -$1.26M |
|
2261
First Bancorp
FNLC
$396M
| $11.6M | 0.01% |
442,136
+10,447
| +2% | +$290K |
|
|
PFBI
2262
DELISTED
Premier Financial Bancorp
PFBI
| $11.6M | 0.01% |
779,501
+24,092
| +3% | +$421K |
|
|
CNBKA
2263
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $11.6M | 0.01% |
171,330
+4,364
| +3% | +$336K |
|
|
CWEN.A
2264
DELISTED
Clearway Energy Class A
CWEN.A
| $11.6M | 0.01% |
683,426
+42,001
| +7% | +$776K |
|
|
CHA
2265
DELISTED
China Telecom Corporation, LTD
CHA
| $11.6M | 0.01% |
227,788
-2,647
| -1% | -$133K |
|
2266
Champion Homes
SKY
$4.37B
| $11.6M | 0.01% |
786,639
+385,314
| +96% | +$8.52M |
|
2267
Methanex
MEOH
$4.3B
| $11.5M | 0.01% |
239,175
+2,777
| +1% | +$173K |
|
|
PBPB
2268
DELISTED
Potbelly
PBPB
| $11.5M | 0.01% |
1,427,482
-30,776
| -2% | -$330K |
|
2269
Select Water Solutions
WTTR
$2.3B
| $11.5M | 0.01% |
1,815,637
+665,514
| +58% | +$6.58M |
|
|
SPNE
2270
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $11.5M | 0.01% |
628,605
+8,044
| +1% | +$136K |
|
|
SHLO
2271
DELISTED
Shiloh Industries Inc
SHLO
| $11.5M | 0.01% |
1,965,465
-1,611
| -0.1% | -$12.8K |
|
2272
Hamilton Lane
HLNE
$4.91B
| $11.4M | 0.01% |
308,995
+87,961
| +40% | +$3.29M |
|
2273
Etsy
ETSY
$7.75B
| $11.4M | 0.01% |
240,246
+87,209
| +57% | +$4.1M |
|
|
PRTY
2274
DELISTED
Party City Holdco Inc.
PRTY
| $11.4M | 0.01% |
1,143,957
+598,657
| +110% | +$6.5M |
|
2275
IES Holdings
IESC
$14.8B
| $11.4M | 0.01% |
732,971
| – | – |
|
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.