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 | |
|---|---|---|---|---|---|---|
|
SNCR
2376
DELISTED
Synchronoss Technologies
SNCR
| $9.21M | ﹤0.01% |
+166,662
| New | +$9.16M |
|
2377
Telefônica Brasil
VIV
$20.6B
| $9.2M | ﹤0.01% |
770,917
+5,106
| +0.7% | +$58K |
|
2378
HubSpot
HUBS
$12.2B
| $9.19M | ﹤0.01% |
73,066
+11,076
| +18% | +$1.45M |
|
2379
LSB Industries
LXU
$783M
| $9.15M | ﹤0.01% |
2,155,197
+60,534
| +3% | +$355K |
|
|
NXEO
2380
DELISTED
Nexeo Solutions, Inc. Common Stock
NXEO
| $9.13M | ﹤0.01% |
1,062,702
-4,624
| -0.4% | -$46.7K |
|
|
IIN
2381
DELISTED
IntriCon Corporation
IIN
| $9.07M | ﹤0.01% |
343,667
+34,031
| +11% | +$1.29M |
|
2382
TC Energy
TRP
$70.2B
| $9.04M | ﹤0.01% |
253,212
+13,130
| +5% | +$518K |
|
2383
STRATTEC Security
STRT
$367M
| $9.02M | ﹤0.01% |
313,228
+1,887
| +0.6% | +$60.7K |
|
2384
National Vision
EYE
$1.77B
| $9M | ﹤0.01% |
319,311
+140,578
| +79% | +$5.35M |
|
|
AKRX
2385
DELISTED
Akorn Inc
AKRX
| $8.98M | ﹤0.01% |
2,648,375
+1,153,675
| +77% | +$6.86M |
|
2386
Smith & Nephew
SNN
$13.3B
| $8.98M | ﹤0.01% |
240,125
| – | – |
|
2387
Buckle
BKE
$2.25B
| $8.96M | ﹤0.01% |
463,310
| – | – |
|
|
SFE
2388
DELISTED
Safeguard Scientifics, Inc.
SFE
| $8.95M | ﹤0.01% |
1,037,930
-35,015
| -3% | -$305K |
|
|
UBA
2389
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $8.93M | ﹤0.01% |
464,779
+9,294
| +2% | +$187K |
|
2390
Farmers National Banc Corp
FMNB
$939M
| $8.91M | ﹤0.01% |
699,260
+35,070
| +5% | +$475K |
|
2391
Live Oak Bancshares
LOB
$1.98B
| $8.89M | ﹤0.01% |
600,109
+157,864
| +36% | +$3.04M |
|
|
REVG
2392
DELISTED
REV Group
REVG
| $8.88M | ﹤0.01% |
1,181,849
+109,553
| +10% | +$1.25M |
|
|
GIFI
2393
DELISTED
Gulf Island Fabrication
GIFI
| $8.87M | ﹤0.01% |
1,228,295
-11,034
| -0.9% | -$93K |
|
2394
RingCentral
RNG
$4.66B
| $8.86M | ﹤0.01% |
107,523
+2,298
| +2% | +$181K |
|
2395
Cactus
WHD
$5.21B
| $8.83M | ﹤0.01% |
322,231
+141,038
| +78% | +$4.62M |
|
|
PYX
2396
DELISTED
Pyxus International, Inc.
PYX
| $8.82M | ﹤0.01% |
743,794
-3,977
| -0.5% | -$83.3K |
|
2397
IDT Corp
IDT
$1.64B
| $8.82M | ﹤0.01% |
1,424,428
+2,350
| +0.2% | +$16.8K |
|
|
ESSA
2398
DELISTED
ESSA Bancorp
ESSA
| $8.81M | ﹤0.01% |
564,339
+78
| +0% | +$1.25K |
|
|
ARA
2399
DELISTED
American Renal Associates Holdings, Inc
ARA
| $8.78M | ﹤0.01% |
762,472
+72,369
| +10% | +$1.23M |
|
|
AVID
2400
DELISTED
Avid Technology Inc
AVID
| $8.78M | ﹤0.01% |
1,849,102
-38,204
| -2% | -$220K |
|
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.