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 | |
|---|---|---|---|---|---|---|
626
Helix Energy Solutions
HLX
$1.4B
| $104M | 0.04% |
12,500,448
-45,109
| -0.4% | -$331K |
|
627
FNB Corp
FNB
$6.73B
| $104M | 0.04% |
7,753,509
-185,912
| -2% | -$2.5M |
|
|
ISBC
628
DELISTED
Investors Bancorp, Inc.
ISBC
| $104M | 0.04% |
8,126,109
-31,967
| -0.4% | -$431K |
|
629
Rogers Corp
ROG
$2.21B
| $104M | 0.04% |
931,241
-7,785
| -0.8% | -$909K |
|
630
L3Harris
LHX
$51.6B
| $103M | 0.04% |
715,047
+10,981
| +2% | +$1.7M |
|
631
Astec Industries
ASTE
$1.16B
| $103M | 0.04% |
1,726,292
+48,784
| +3% | +$2.82M |
|
632
Texas Roadhouse
TXRH
$13.5B
| $103M | 0.04% |
1,575,497
-15,418
| -1% | -$967K |
|
|
SYKE
633
DELISTED
SYKES Enterprises Inc
SYKE
| $103M | 0.04% |
3,584,994
-29,374
| -0.8% | -$841K |
|
|
FLG
634
Flagstar Bank National Association
FLG
$5.93B
| $103M | 0.04% |
3,114,385
+397,317
| +15% | +$14.3M |
|
635
Moog Inc Class A
MOG.A
$12.4B
| $103M | 0.04% |
1,322,132
+26,737
| +2% | +$2.2M |
|
636
White Mountains Insurance
WTM
$5.2B
| $103M | 0.04% |
113,510
+22,927
| +25% | +$20.2M |
|
637
Emergent Biosolutions
EBS
$373M
| $103M | 0.04% |
2,036,284
-169,280
| -8% | -$8.82M |
|
|
MDP
638
DELISTED
Meredith Corporation
MDP
| $103M | 0.04% |
2,012,569
+61,716
| +3% | +$3.16M |
|
639
Wendy's
WEN
$1.4B
| $103M | 0.04% |
5,972,011
-445,978
| -7% | -$7.59M |
|
640
RenaissanceRe
RNR
$13.3B
| $102M | 0.04% |
850,897
-103,140
| -11% | -$13.3M |
|
|
LPT
641
DELISTED
Liberty Property Trust
LPT
| $102M | 0.04% |
2,308,241
+22,649
| +1% | +$960K |
|
642
Shinhan Financial Group
SHG
$32.8B
| $102M | 0.04% |
2,647,626
-77,862
| -3% | -$3.32M |
|
|
TFCF
643
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $102M | 0.04% |
2,062,772
-12,993
| -0.6% | -$508K |
|
644
Walker & Dunlop
WD
$1.71B
| $101M | 0.04% |
1,822,365
+10,585
| +0.6% | +$610K |
|
645
Matsons
MATX
$6.13B
| $101M | 0.04% |
2,639,472
+36,187
| +1% | +$1.2M |
|
|
EVHC
646
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $101M | 0.04% |
2,300,000
-85,314
| -4% | -$3.5M |
|
647
Carlisle Companies
CSL
$14.6B
| $101M | 0.04% |
932,758
+26,245
| +3% | +$2.78M |
|
648
AeroVironment
AVAV
$7.56B
| $101M | 0.04% |
1,413,841
-11,496
| -0.8% | -$654K |
|
649
Independent Bank
INDB
$3.99B
| $101M | 0.04% |
1,287,485
+4,591
| +0.4% | +$350K |
|
650
Edgewell Personal Care
EPC
$1.25B
| $101M | 0.04% |
1,999,604
+650,234
| +48% | +$29.9M |
|
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.