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 |
Berkshire Hathaway Class B
BRK.B
|
+$680M |
| 2 |
AT&T
T
|
+$398M |
| 3 |
Bank of America
BAC
|
+$266M |
| 4 |
Pfizer
PFE
|
+$254M |
| 5 |
EFOR
Everforth Inc
EFOR
|
+$168M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWX
Time Warner Inc
TWX
|
+$823M |
| 2 |
Qualcomm
QCOM
|
+$263M |
| 3 |
Cisco
CSCO
|
+$233M |
| 4 |
JPMorgan Chase
JPM
|
+$147M |
| 5 |
MON
Monsanto Co
MON
|
+$115M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.59% |
| 2 | Industrials | 12.95% |
| 3 | Technology | 12.72% |
| 4 | Consumer Discretionary | 10.67% |
| 5 | Healthcare | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BBBY
226
DELISTED
Bed Bath & Beyond Inc
BBBY
| $193M | 0.08% |
9,663,353
+2,231,839
| +30% | +$41.7M |
|
227
FTI Consulting
FCN
$4.95B
| $192M | 0.08% |
3,182,617
-31,589
| -1% | -$1.83M |
|
228
Principal Financial Group
PFG
$24.5B
| $192M | 0.08% |
3,631,823
+2,843
| +0.1% | +$165K |
|
|
B
229
DELISTED
Barnes Group Inc.
B
| $192M | 0.08% |
3,258,681
-63,015
| -2% | -$3.74M |
|
|
AHL
230
DELISTED
ASPEN Insurance Holding Limited
AHL
| $192M | 0.08% |
4,714,711
-4,818
| -0.1% | -$208K |
|
231
Newmont
NEM
$101B
| $192M | 0.08% |
5,089,539
+583,232
| +13% | +$22.9M |
|
232
Murphy Oil
MUR
$5.48B
| $191M | 0.08% |
5,663,498
+33,477
| +0.6% | +$1.03M |
|
233
Steel Dynamics
STLD
$36.2B
| $191M | 0.08% |
4,161,241
+14,041
| +0.3% | +$664K |
|
234
McKesson
MCK
$101B
| $190M | 0.08% |
1,424,630
+46,386
| +3% | +$6.78M |
|
235
Alexandria Real Estate Equities
ARE
$9.15B
| $190M | 0.08% |
1,503,896
+42,687
| +3% | +$5.33M |
|
236
J.M. Smucker
SJM
$13.1B
| $190M | 0.08% |
1,763,967
-1,036
| -0.1% | -$116K |
|
237
Owens Corning
OC
$11.2B
| $190M | 0.08% |
2,990,968
-247,949
| -8% | -$17.1M |
|
238
Lennar Class A
LEN
$20.2B
| $188M | 0.07% |
3,694,655
-1,128,454
| -23% | -$59.1M |
|
239
Wintrust Financial
WTFC
$10.8B
| $188M | 0.07% |
2,155,182
-633,560
| -23% | -$58.2M |
|
|
CVG
240
DELISTED
Convergys
CVG
| $188M | 0.07% |
7,673,410
-25,302
| -0.3% | -$603K |
|
241
Archer Daniels Midland
ADM
$38.9B
| $187M | 0.07% |
4,089,764
-54,698
| -1% | -$2.46M |
|
242
NETSCOUT
NTCT
$2.91B
| $187M | 0.07% |
6,309,070
+614,013
| +11% | +$17.1M |
|
|
QEP
243
DELISTED
QEP RESOURCES, INC.
QEP
| $187M | 0.07% |
15,243,981
+1,677,380
| +12% | +$19.9M |
|
244
Sasol
SSL
$7.51B
| $187M | 0.07% |
5,112,610
-68,318
| -1% | -$2.47M |
|
245
Best Buy
BBY
$18.5B
| $186M | 0.07% |
2,492,400
-523,919
| -17% | -$38.7M |
|
|
AVNS
246
DELISTED
Avanos Medical
AVNS
| $186M | 0.07% |
3,246,700
-174,597
| -5% | -$9.23M |
|
247
Viatris
VTRS
$20.7B
| $185M | 0.07% |
5,132,430
+644,643
| +14% | +$25.3M |
|
|
CPE
248
DELISTED
Callon Petroleum Company
CPE
| $185M | 0.07% |
1,726,144
+225,678
| +15% | +$28M |
|
|
MRO
249
DELISTED
Marathon Oil Corporation
MRO
| $185M | 0.07% |
8,886,008
+904,437
| +11% | +$17.8M |
|
250
Healthpeak Properties
DOC
$15.2B
| $185M | 0.07% |
7,178,265
+100,296
| +1% | +$2.36M |
|
Similar funds
Dimensional Fund Advisors's Q2 2018 Portfolio in Review
As of Q2 2018, Dimensional Fund Advisors held 3,442 positions worth $251B, up 4.5% from $240B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
Trading was light in Q2 2018: portfolio turnover was 5%. Dimensional Fund Advisors opened 95 new positions and exited 76, leaving the 3,442-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q2 2018 buy was nVent Electric: 2,369,790 shares worth $59.5M.
- Dimensional Fund Advisors added most to Berkshire Hathaway Class B in Q2 2018, an estimated $680M increase.
- Dimensional Fund Advisors's biggest Q2 2018 reduction was Qualcomm, cutting an estimated $263M.
- Dimensional Fund Advisors fully exited Time Warner Inc in Q2 2018, selling an estimated $823M.
- Dimensional Fund Advisors's ten largest holdings make up 9.5% of its $251B portfolio in Q2 2018.
- Dimensional Fund Advisors opened 95 new positions and closed 76 in Q2 2018.
- Dimensional Fund Advisors's portfolio value rose 4.5% quarter-over-quarter to $251B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2018, filed 10 Aug 2018.