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 |
American Tower
AMT
|
+$251M |
| 2 |
Pfizer
PFE
|
+$181M |
| 3 |
DuPont de Nemours
DD
|
+$167M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$167M |
| 5 |
Amazon
AMZN
|
+$160M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LNCE
Snyders-Lance, Inc.
LNCE
|
+$179M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$175M |
| 3 |
EFOR
Everforth Inc
EFOR
|
+$161M |
| 4 |
CPN
Calpine Corporation
CPN
|
+$151M |
| 5 |
TIME
Time Inc.
TIME
|
+$126M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.63% |
| 2 | Industrials | 13.66% |
| 3 | Technology | 13.58% |
| 4 | Consumer Discretionary | 10.95% |
| 5 | Healthcare | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
RenaissanceRe
RNR
$13.7B
| $132M | 0.06% |
954,037
-158,629
| -14% | -$20.6M |
|
|
ESV
427
DELISTED
Ensco Rowan plc
ESV
| $132M | 0.06% |
7,521,252
+2,153,097
| +40% | +$47.5M |
|
428
Cognizant
CTSH
$28.5B
| $132M | 0.06% |
1,638,947
+14,057
| +0.9% | +$1.11M |
|
429
Illinois Tool Works
ITW
$76.5B
| $132M | 0.06% |
841,872
+6,691
| +0.8% | +$1.11M |
|
430
TTM Technologies
TTMI
$11.8B
| $132M | 0.05% |
8,609,401
+34,069
| +0.4% | +$555K |
|
431
CONMED
CNMD
$1.41B
| $131M | 0.05% |
2,074,151
-73,010
| -3% | -$4.36M |
|
432
Rio Tinto
RIO
$158B
| $131M | 0.05% |
2,546,602
+4,898
| +0.2% | +$267K |
|
433
Banner Corp
BANR
$2.64B
| $131M | 0.05% |
2,357,544
+229,699
| +11% | +$12.8M |
|
434
M&T Bank
MTB
$34B
| $131M | 0.05% |
708,348
-5,940
| -0.8% | -$1.11M |
|
|
FBC
435
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $131M | 0.05% |
3,687,649
+203,616
| +6% | +$7.46M |
|
|
HOUS
436
DELISTED
Anywhere Real Estate
HOUS
| $130M | 0.05% |
4,772,569
+1,653,568
| +53% | +$43.4M |
|
|
AAWW
437
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $130M | 0.05% |
2,152,946
+11,540
| +0.5% | +$684K |
|
438
Automatic Data Processing
ADP
$110B
| $130M | 0.05% |
1,145,986
+25,256
| +2% | +$2.95M |
|
|
CADE
439
DELISTED
Cadence Bank
CADE
| $130M | 0.05% |
4,087,765
-20,351
| -0.5% | -$670K |
|
440
AAR Corp
AIR
$4.67B
| $129M | 0.05% |
2,935,600
+11,936
| +0.4% | +$495K |
|
441
Primerica
PRI
$9.02B
| $129M | 0.05% |
1,340,101
-26,049
| -2% | -$2.62M |
|
442
Iron Mountain
IRM
$33.4B
| $129M | 0.05% |
3,924,193
+173,605
| +5% | +$5.85M |
|
443
LivaNova
LIVN
$4.38B
| $129M | 0.05% |
1,455,515
-79,028
| -5% | -$6.73M |
|
|
MRO
444
DELISTED
Marathon Oil Corporation
MRO
| $129M | 0.05% |
7,981,571
+405,788
| +5% | +$6.74M |
|
445
Huntsman Corp
HUN
$1.62B
| $128M | 0.05% |
4,392,558
-386,420
| -8% | -$12.6M |
|
446
Oceaneering
OII
$4.75B
| $128M | 0.05% |
6,918,709
+977,422
| +16% | +$19.6M |
|
447
S&P Global
SPGI
$122B
| $128M | 0.05% |
671,127
+5,405
| +0.8% | +$998K |
|
448
Granite Construction
GVA
$5.07B
| $128M | 0.05% |
2,290,599
-5,089
| -0.2% | -$314K |
|
|
AXE
449
DELISTED
Anixter International Inc
AXE
| $128M | 0.05% |
1,688,930
+170,825
| +11% | +$13.3M |
|
450
SM Energy
SM
$9.82B
| $128M | 0.05% |
7,075,731
+509,983
| +8% | +$11M |
|
Similar funds
Dimensional Fund Advisors's Q1 2018 Portfolio in Review
As of Q1 2018, Dimensional Fund Advisors held 3,413 positions worth $240B, down 0.53% from $241B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Trading was light in Q1 2018: portfolio turnover was 4.6%. Dimensional Fund Advisors opened 89 new positions and exited 69, leaving the 3,413-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 20% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q1 2018 buy was GCI Liberty, Inc. Class A Common Stock (DE): 2,183,455 shares worth $115M.
- Dimensional Fund Advisors added most to American Tower in Q1 2018, an estimated $251M increase.
- Dimensional Fund Advisors's biggest Q1 2018 reduction was Everforth Inc, cutting an estimated $161M.
- Dimensional Fund Advisors fully exited Snyders-Lance, Inc. in Q1 2018, selling an estimated $179M.
- Dimensional Fund Advisors's ten largest holdings make up 9.4% of its $240B portfolio in Q1 2018.
- Dimensional Fund Advisors opened 89 new positions and closed 69 in Q1 2018.
- Dimensional Fund Advisors's portfolio value fell 0.53% quarter-over-quarter to $240B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2018, filed 11 May 2018.