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 | |
|---|---|---|---|---|---|---|
376
Teck Resources
TECK
$30.7B
| $150M | 0.06% |
5,910,205
+309,739
| +6% | +$8.29M |
|
|
KSU
377
DELISTED
Kansas City Southern
KSU
| $150M | 0.06% |
1,419,135
-4,694
| -0.3% | -$511K |
|
378
FirstCash
FCFS
$8.76B
| $150M | 0.06% |
1,672,748
-211,239
| -11% | -$18.7M |
|
|
QVCGA
379
DELISTED
QVC Group Inc Series A
QVCGA
| $150M | 0.06% |
145,828
-1,235
| -0.8% | -$1.37M |
|
380
Northwest Bancshares
NWBI
$2.3B
| $150M | 0.06% |
8,625,396
-4,339
| -0.1% | -$74K |
|
381
United Bankshares
UBSI
$6.62B
| $150M | 0.06% |
4,116,599
+304,259
| +8% | +$10.9M |
|
382
Fomento Económico Mexicano
FMX
$43.2B
| $150M | 0.06% |
1,704,316
-180,624
| -10% | -$16M |
|
383
T-Mobile US
TMUS
$186B
| $149M | 0.06% |
2,494,754
+49,781
| +2% | +$2.95M |
|
|
GTLS
384
DELISTED
Chart Industries
GTLS
| $149M | 0.06% |
2,414,704
-19,791
| -0.8% | -$1.24M |
|
|
BBT
385
Beacon Financial Corp
BBT
$2.58B
| $149M | 0.06% |
3,668,164
+138,069
| +4% | +$5.46M |
|
|
GES
386
DELISTED
Guess Inc
GES
| $149M | 0.06% |
6,955,301
-64,667
| -0.9% | -$1.49M |
|
|
HOUS
387
DELISTED
Anywhere Real Estate
HOUS
| $149M | 0.06% |
6,522,809
+1,750,240
| +37% | +$43.6M |
|
|
CELG
388
DELISTED
Celgene Corp
CELG
| $149M | 0.06% |
1,870,847
+27,542
| +1% | +$2.29M |
|
|
WRK
389
DELISTED
WestRock Company
WRK
| $148M | 0.06% |
2,602,962
+3,544
| +0.1% | +$217K |
|
390
Insight Enterprises
NSIT
$3.86B
| $148M | 0.06% |
3,022,851
+478
| +0% | +$20.6K |
|
391
Dollar Tree
DLTR
$24.7B
| $148M | 0.06% |
1,738,077
-18,819
| -1% | -$1.74M |
|
392
Deere & Co
DE
$162B
| $148M | 0.06% |
1,056,573
+75,554
| +8% | +$11.1M |
|
393
Renasant Corp
RNST
$3.96B
| $148M | 0.06% |
3,242,697
+69,092
| +2% | +$3.21M |
|
394
PACCAR
PCAR
$70.4B
| $147M | 0.06% |
3,568,260
+129,552
| +4% | +$5.6M |
|
395
CME Group
CME
$96.1B
| $147M | 0.06% |
896,685
-11,039
| -1% | -$1.8M |
|
396
Synchrony
SYF
$25.1B
| $147M | 0.06% |
4,396,311
-139,436
| -3% | -$4.79M |
|
397
Zions Bancorporation
ZION
$10.1B
| $147M | 0.06% |
2,781,686
+12,681
| +0.5% | +$700K |
|
398
S&P Global
SPGI
$122B
| $147M | 0.06% |
718,807
+47,680
| +7% | +$9.42M |
|
399
T. Rowe Price
TROW
$25.6B
| $147M | 0.06% |
1,262,127
-101,262
| -7% | -$11.8M |
|
400
Norwegian Cruise Line
NCLH
$8.59B
| $146M | 0.06% |
3,095,632
+21,708
| +0.7% | +$1.14M |
|
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.