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 | |
|---|---|---|---|---|---|---|
351
MGM Resorts International
MGM
$11.7B
| $155M | 0.06% |
5,334,090
-139,153
| -3% | -$4.49M |
|
352
Provident Financial Services
PFS
$3.24B
| $154M | 0.06% |
5,605,094
+13,272
| +0.2% | +$361K |
|
353
Navient
NAVI
$794M
| $154M | 0.06% |
11,841,133
-3,400
| -0% | -$46.3K |
|
354
UDR
UDR
$12.3B
| $154M | 0.06% |
4,107,102
+43,862
| +1% | +$1.59M |
|
355
Urban Outfitters
URBN
$6.49B
| $154M | 0.06% |
3,455,975
-1,108,508
| -24% | -$46.3M |
|
|
AAWW
356
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $154M | 0.06% |
2,146,454
-6,492
| -0.3% | -$438K |
|
357
Valley National Bancorp
VLY
$7.92B
| $154M | 0.06% |
12,637,890
-870,753
| -6% | -$11M |
|
358
Regency Centers
REG
$14.7B
| $153M | 0.06% |
2,471,788
+23,087
| +0.9% | +$1.35M |
|
|
SRCI
359
DELISTED
SRC Energy Inc
SRCI
| $153M | 0.06% |
13,921,846
+1,000,035
| +8% | +$11.2M |
|
|
TRTN
360
DELISTED
Triton International Limited
TRTN
| $153M | 0.06% |
5,003,565
+554,800
| +12% | +$18.4M |
|
|
RSPP
361
DELISTED
RSP Permian, Inc.
RSPP
| $153M | 0.06% |
3,483,324
+1,081
| +0% | +$48.8K |
|
362
Green Dot
GDOT
$743M
| $153M | 0.06% |
2,086,760
-369,075
| -15% | -$25.4M |
|
363
PVH
PVH
$4.01B
| $153M | 0.06% |
1,018,592
-8,140
| -0.8% | -$1.28M |
|
364
Horace Mann Educators
HMN
$2.1B
| $152M | 0.06% |
3,418,874
-12,646
| -0.4% | -$560K |
|
|
SAFM
365
DELISTED
Sanderson Farms Inc
SAFM
| $152M | 0.06% |
1,444,477
+56,871
| +4% | +$6.17M |
|
366
Canadian Natural Resources
CNQ
$98.6B
| $152M | 0.06% |
8,596,032
+1,402,334
| +19% | +$23.7M |
|
367
Simmons First National
SFNC
$3.38B
| $152M | 0.06% |
5,067,040
+228,737
| +5% | +$6.98M |
|
368
Applied Materials
AMAT
$398B
| $152M | 0.06% |
3,280,303
+222,412
| +7% | +$11.5M |
|
369
TTM Technologies
TTMI
$12B
| $151M | 0.06% |
8,584,287
-25,114
| -0.3% | -$420K |
|
370
NOV
NOV
$6.88B
| $151M | 0.06% |
3,484,553
+28,498
| +0.8% | +$1.15M |
|
371
Penske Automotive Group
PAG
$14.5B
| $151M | 0.06% |
3,225,421
+141,161
| +5% | +$6.66M |
|
372
Reinsurance Group of America
RGA
$15.6B
| $151M | 0.06% |
1,131,483
-71,742
| -6% | -$10.7M |
|
373
Tetra Tech
TTEK
$8.31B
| $151M | 0.06% |
12,907,745
-1,440,265
| -10% | -$15.4M |
|
374
Loews
L
$23.9B
| $151M | 0.06% |
3,119,577
-13,781
| -0.4% | -$693K |
|
375
Range Resources
RRC
$9.24B
| $151M | 0.06% |
8,997,480
+1,014,157
| +13% | +$15.3M |
|
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.