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 | |
|---|---|---|---|---|---|---|
776
Belden
BDC
$4.83B
| $87.4M | 0.03% |
1,429,516
+231,559
| +19% | +$14.2M |
|
|
CKH
777
DELISTED
Seacor Holdings Inc.
CKH
| $87.2M | 0.03% |
1,522,301
+30,880
| +2% | +$1.68M |
|
778
Baxter International
BAX
$13.5B
| $86.9M | 0.03% |
1,177,229
-68,744
| -6% | -$4.85M |
|
779
Glacier Bancorp
GBCI
$6.42B
| $86.9M | 0.03% |
2,245,337
+22,001
| +1% | +$858K |
|
780
Corpay
CPAY
$25B
| $86.8M | 0.03% |
412,211
+35,045
| +9% | +$7.19M |
|
|
HPP
781
Hudson Pacific Properties
HPP
$747M
| $86.8M | 0.03% |
350,106
+3,331
| +1% | +$787K |
|
|
USG
782
DELISTED
Usg
USG
| $86.8M | 0.03% |
2,013,620
-89,879
| -4% | -$3.73M |
|
783
W.W. Grainger
GWW
$65.3B
| $86.8M | 0.03% |
281,402
+8,728
| +3% | +$2.61M |
|
784
ATI
ATI
$25.6B
| $86.8M | 0.03% |
3,453,657
+838,934
| +32% | +$22.7M |
|
785
Dycom Industries
DY
$12B
| $86.6M | 0.03% |
916,747
-6,619
| -0.7% | -$677K |
|
786
Matthews International
MATW
$866M
| $86.5M | 0.03% |
1,471,178
+130,974
| +10% | +$6.99M |
|
|
EFII
787
DELISTED
Electronics for Imaging
EFII
| $86.4M | 0.03% |
2,653,150
+303,845
| +13% | +$9.66M |
|
788
Cabot Corp
CBT
$4.54B
| $86.4M | 0.03% |
1,398,414
-123,108
| -8% | -$7.29M |
|
789
Banco Bradesco
BBD
$38.2B
| $86.4M | 0.03% |
20,109,226
+239,292
| +1% | +$1.3M |
|
790
Nutrien
NTR
$33.2B
| $86.3M | 0.03% |
1,587,183
+92,913
| +6% | +$4.61M |
|
791
Brink's
BCO
$4.88B
| $86.3M | 0.03% |
1,082,096
-108,808
| -9% | -$8.23M |
|
|
AVX
792
DELISTED
AVX Corporation
AVX
| $86.2M | 0.03% |
5,499,540
+157,082
| +3% | +$2.5M |
|
|
NCI
793
DELISTED
Navigant Consulting, Inc.
NCI
| $86.2M | 0.03% |
3,892,404
-36,002
| -0.9% | -$819K |
|
794
Scansource
SCSC
$1.15B
| $86.2M | 0.03% |
2,138,050
-21,114
| -1% | -$796K |
|
795
American Homes 4 Rent
AMH
$12B
| $86.1M | 0.03% |
3,881,359
+76,037
| +2% | +$1.55M |
|
796
Edwards Lifesciences
EW
$49.6B
| $86.1M | 0.03% |
1,773,750
-519
| -0% | -$24.2K |
|
797
Bank of Hawaii
BOH
$3.15B
| $86.1M | 0.03% |
1,031,596
+5,418
| +0.5% | +$459K |
|
798
Manulife Financial
MFC
$73.9B
| $85.9M | 0.03% |
4,779,423
+57,411
| +1% | +$1.08M |
|
799
Tronox
TROX
$932M
| $85.8M | 0.03% |
4,361,882
-199,082
| -4% | -$3.71M |
|
800
Stewart Information Services
STC
$2.06B
| $85.8M | 0.03% |
1,991,178
-11,144
| -0.6% | -$478K |
|
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.