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 | |
|---|---|---|---|---|---|---|
301
TD Synnex
SNX
$20.2B
| $169M | 0.07% |
3,507,338
-59,230
| -2% | -$3.16M |
|
302
Atlantic Union Bankshares
AUB
$6B
| $169M | 0.07% |
4,338,528
+375,560
| +9% | +$14.8M |
|
303
Blackrock
BLK
$170B
| $168M | 0.07% |
336,636
+3,704
| +1% | +$1.96M |
|
|
TCF
304
DELISTED
TCF Financial Corporation Common Stock
TCF
| $168M | 0.07% |
3,017,713
-47,180
| -2% | -$2.66M |
|
305
Molson Coors Class B
TAP
$7.79B
| $167M | 0.07% |
2,461,145
-78,948
| -3% | -$5.26M |
|
|
ARGO
306
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $167M | 0.07% |
2,875,919
-41,590
| -1% | -$2.5M |
|
307
UFP Industries
UFPI
$4.87B
| $167M | 0.07% |
4,549,436
-21,770
| -0.5% | -$763K |
|
|
TMHC
308
DELISTED
Taylor Morrison
TMHC
| $167M | 0.07% |
8,014,452
+1,166,459
| +17% | +$26M |
|
|
EFOR
309
Everforth Inc
EFOR
$1.13B
| $166M | 0.07% |
2,126,820
+2,055,016
| +2,862% | +$168M |
|
310
Johnson Controls International
JCI
$87.8B
| $166M | 0.07% |
4,964,733
+420,911
| +9% | +$14.6M |
|
311
Lam Research
LRCX
$372B
| $166M | 0.07% |
9,602,910
-2,266,750
| -19% | -$43.7M |
|
312
Marriott Vacations Worldwide
VAC
$3.35B
| $165M | 0.07% |
1,460,166
-246,035
| -14% | -$30.4M |
|
313
Jabil
JBL
$32.3B
| $165M | 0.07% |
5,958,890
+42,922
| +0.7% | +$1.21M |
|
314
Plexus
PLXS
$6.47B
| $165M | 0.07% |
2,768,078
-35,919
| -1% | -$2.14M |
|
315
Terex
TEX
$7.11B
| $165M | 0.07% |
3,903,018
+7,522
| +0.2% | +$299K |
|
316
Hope Bancorp
HOPE
$1.79B
| $164M | 0.07% |
9,213,335
+593,266
| +7% | +$10.7M |
|
|
ILG
317
DELISTED
ILG, Inc Common Stock
ILG
| $164M | 0.07% |
4,962,788
-288,469
| -5% | -$9.63M |
|
|
RTN
318
DELISTED
Raytheon Company
RTN
| $164M | 0.07% |
848,251
+37,536
| +5% | +$7.89M |
|
319
Trinity Industries
TRN
$2.73B
| $164M | 0.07% |
6,635,957
-23,027
| -0.3% | -$554K |
|
|
X
320
DELISTED
US Steel
X
| $163M | 0.07% |
4,697,650
+240,580
| +5% | +$8.6M |
|
321
Alcoa
AA
$11.9B
| $163M | 0.07% |
3,479,257
+437,117
| +14% | +$22M |
|
322
MKS Inc
MKSI
$19.8B
| $163M | 0.07% |
1,703,181
-570,621
| -25% | -$62.2M |
|
|
FFG
323
DELISTED
FBL Financial Group
FFG
| $163M | 0.06% |
2,066,392
-25,656
| -1% | -$2M |
|
324
AGCO
AGCO
$7.76B
| $163M | 0.06% |
2,679,076
+17,838
| +0.7% | +$1.14M |
|
|
HES
325
DELISTED
Hess
HES
| $162M | 0.06% |
2,427,477
+9,173
| +0.4% | +$548K |
|
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.