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 | |
|---|---|---|---|---|---|---|
|
TRUE
2351
DELISTED
TrueCar
TRUE
| $9.72M | ﹤0.01% |
1,072,659
+602,448
| +128% | +$6.51M |
|
|
CJ
2352
DELISTED
C&J Energy Services, Inc.
CJ
| $9.68M | ﹤0.01% |
+716,947
| New | +$12.8M |
|
2353
PLDT
PHI
$4.25B
| $9.68M | ﹤0.01% |
452,819
+3,129
| +0.7% | +$73.9K |
|
|
CSR
2354
Centerspace
CSR
$921M
| $9.67M | ﹤0.01% |
197,009
+225
| +0.1% | +$12K |
|
2355
Liquidity Services
LQDT
$1.22B
| $9.63M | ﹤0.01% |
1,560,474
+53,078
| +4% | +$328K |
|
|
CUK
2356
DELISTED
Carnival PLC
CUK
| $9.62M | ﹤0.01% |
197,400
-29
| -0% | -$1.64K |
|
2357
Twin Disc
TWIN
$329M
| $9.62M | ﹤0.01% |
651,878
+36,891
| +6% | +$679K |
|
2358
Magnite
MGNI
$2.76B
| $9.58M | ﹤0.01% |
2,569,051
+25,922
| +1% | +$99K |
|
2359
Green Brick Partners
GRBK
$3.04B
| $9.54M | ﹤0.01% |
1,318,372
+167,526
| +15% | +$1.48M |
|
|
MOFG
2360
DELISTED
MidWestOne Financial Group
MOFG
| $9.54M | ﹤0.01% |
384,210
+27,446
| +8% | +$805K |
|
|
BFS
2361
Saul Centers
BFS
$836M
| $9.51M | ﹤0.01% |
201,338
+2,432
| +1% | +$125K |
|
2362
Alico
ALCO
$280M
| $9.44M | ﹤0.01% |
320,118
-29,697
| -8% | -$974K |
|
|
GSH
2363
DELISTED
Guangshen Railway Co. Ltd
GSH
| $9.43M | ﹤0.01% |
505,615
-31,365
| -6% | -$609K |
|
|
CZR
2364
DELISTED
Caesars Entertainment Corporation
CZR
| $9.42M | ﹤0.01% |
1,388,030
+685,513
| +98% | +$5.78M |
|
2365
Artesian Resources
ARTNA
$355M
| $9.42M | ﹤0.01% |
270,179
+1,518
| +0.6% | +$54.7K |
|
2366
Atlassian
TEAM
$25.6B
| $9.4M | ﹤0.01% |
105,649
+7,342
| +7% | +$582K |
|
2367
Southern Copper
SCCO
$143B
| $9.39M | ﹤0.01% |
329,039
+28,511
| +9% | +$962K |
|
|
CUTR
2368
DELISTED
Cutera, Inc.
CUTR
| $9.35M | ﹤0.01% |
549,478
-10,756
| -2% | -$219K |
|
2369
iShares MSCI India ETF
INDA
$6.89B
| $9.35M | ﹤0.01% |
280,402
-492,576
| -64% | -$15.5M |
|
2370
Option Care Health
OPCH
$3.45B
| $9.34M | ﹤0.01% |
654,255
+45,097
| +7% | +$595K |
|
2371
Teva Pharmaceuticals
TEVA
$40.8B
| $9.31M | ﹤0.01% |
604,043
-461,618
| -43% | -$9.46M |
|
2372
Weyerhaeuser
WY
$18B
| $9.31M | ﹤0.01% |
426,032
+54,126
| +15% | +$1.44M |
|
2373
VEON
VEON
$3.62B
| $9.3M | ﹤0.01% |
159,001
+709
| +0.4% | +$47.9K |
|
2374
Insulet
PODD
$11.5B
| $9.27M | ﹤0.01% |
116,914
+1,837
| +2% | +$155K |
|
|
SEI
2375
Solaris Energy Infrastructure
SEI
$3.15B
| $9.23M | ﹤0.01% |
763,258
+137,659
| +22% | +$1.96M |
|
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.