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 | |
|---|---|---|---|---|---|---|
|
HZNP
751
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $89.7M | 0.04% |
5,419,571
-700,106
| -11% | -$10.7M |
|
752
Aon
AON
$76.5B
| $89.7M | 0.04% |
654,087
+10,248
| +2% | +$1.44M |
|
|
PRSU
753
Pursuit Attractions and Hospitality Inc
PRSU
$1.39B
| $89.5M | 0.04% |
1,650,290
-11,462
| -0.7% | -$611K |
|
|
BNCL
754
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $89.4M | 0.04% |
5,520,371
+124,714
| +2% | +$2.02M |
|
|
AXON
755
Axon Enterprise
AXON
$42.5B
| $89.2M | 0.04% |
1,412,334
-174,603
| -11% | -$9.45M |
|
756
Marvell Technology
MRVL
$168B
| $89.1M | 0.04% |
4,153,432
-213,728
| -5% | -$4.56M |
|
757
Steven Madden
SHOO
$3.37B
| $88.8M | 0.04% |
2,508,866
-76,878
| -3% | -$2.58M |
|
758
Kosmos Energy
KOS
$1.6B
| $88.7M | 0.04% |
10,721,489
+584,978
| +6% | +$4.27M |
|
759
Northern Trust
NTRS
$22.4B
| $88.6M | 0.04% |
861,313
-2,552
| -0.3% | -$270K |
|
|
CHS
760
DELISTED
Chicos FAS, Inc.
CHS
| $88.6M | 0.04% |
10,881,891
+1,218,303
| +13% | +$11.5M |
|
761
Murphy USA
MUSA
$11.2B
| $88.5M | 0.04% |
1,191,895
+45,928
| +4% | +$3.17M |
|
762
MSCI
MSCI
$41.6B
| $88.5M | 0.04% |
534,755
+37,029
| +7% | +$5.84M |
|
763
DNOW Inc
DNOW
$2.58B
| $88.5M | 0.04% |
6,636,170
+1,122,053
| +20% | +$14.8M |
|
|
FCB
764
DELISTED
FCB Financial Holdings, Inc.
FCB
| $88.4M | 0.04% |
1,504,071
-89,468
| -6% | -$5.25M |
|
765
Vistra
VST
$50B
| $88.4M | 0.04% |
3,737,774
+1,914,043
| +105% | +$44M |
|
766
Wabash National
WNC
$512M
| $88.4M | 0.04% |
4,737,797
-3,849
| -0.1% | -$78.1K |
|
|
WCG
767
DELISTED
Wellcare Health Plans, Inc.
WCG
| $88.4M | 0.04% |
358,972
-44,498
| -11% | -$9.69M |
|
768
Cardinal Health
CAH
$53.9B
| $88.4M | 0.04% |
1,808,847
+582,157
| +47% | +$33M |
|
769
Air Products & Chemicals
APD
$65.7B
| $88.2M | 0.04% |
566,101
+31,428
| +6% | +$5.14M |
|
770
Valmont Industries
VMI
$9.3B
| $87.9M | 0.04% |
583,093
+28,657
| +5% | +$4.19M |
|
771
Avient
AVNT
$3.33B
| $87.9M | 0.04% |
2,033,174
+3,425
| +0.2% | +$147K |
|
|
MRC
772
DELISTED
MRC Global
MRC
| $87.7M | 0.04% |
4,047,060
+20,826
| +0.5% | +$411K |
|
773
Nasdaq
NDAQ
$52.7B
| $87.7M | 0.04% |
2,882,316
+4,287
| +0.1% | +$129K |
|
|
SNV
774
DELISTED
Synovus
SNV
| $87.6M | 0.03% |
1,658,031
-25,826
| -2% | -$1.37M |
|
775
Ameris Bancorp
ABCB
$5.85B
| $87.5M | 0.03% |
1,639,172
+24,674
| +2% | +$1.35M |
|
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.