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 |
Broadcom
AVGO
|
+$134M |
| 2 |
FedEx
FDX
|
+$115M |
| 3 |
Prologis
PLD
|
+$105M |
| 4 |
Marriott Vacations Worldwide
VAC
|
+$91.5M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$88.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$427M |
| 2 |
Cisco
CSCO
|
+$288M |
| 3 |
Wells Fargo
WFC
|
+$187M |
| 4 |
GGP
GGP Inc.
GGP
|
+$172M |
| 5 |
ILG
ILG, Inc Common Stock
ILG
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.87% |
| 2 | Industrials | 13.37% |
| 3 | Technology | 12.91% |
| 4 | Consumer Discretionary | 10.5% |
| 5 | Healthcare | 10.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PARA
826
DELISTED
Paramount Global Class B
PARA
| $87M | 0.03% |
1,514,875
+191,833
| +14% | +$10.6M |
|
827
Wabash National
WNC
$498M
| $87M | 0.03% |
4,772,376
+34,579
| +0.7% | +$653K |
|
|
GAP
828
The Gap Inc
GAP
$7.2B
| $87M | 0.03% |
3,014,850
-16,943
| -0.6% | -$508K |
|
829
BJ's Restaurants
BJRI
$1.48B
| $86.9M | 0.03% |
1,204,015
-5,552
| -0.5% | -$373K |
|
830
Molina Healthcare
MOH
$10.6B
| $86.9M | 0.03% |
584,143
-66,967
| -10% | -$8.55M |
|
831
Steven Madden
SHOO
$3.14B
| $86.8M | 0.03% |
2,462,408
-46,458
| -2% | -$1.72M |
|
|
USG
832
DELISTED
Usg
USG
| $86.7M | 0.03% |
2,001,133
-12,487
| -0.6% | -$539K |
|
833
First Horizon
FHN
$12.2B
| $86.7M | 0.03% |
5,020,459
+559,195
| +13% | +$10.1M |
|
834
Cintas
CTAS
$87B
| $86.6M | 0.03% |
1,750,728
+5,924
| +0.3% | +$306K |
|
835
Electronic Arts
EA
$52.3B
| $86.5M | 0.03% |
718,019
-25,286
| -3% | -$3.26M |
|
836
Ollie's Bargain Outlet
OLLI
$4.26B
| $86.5M | 0.03% |
899,859
+12,469
| +1% | +$995K |
|
|
JBTM
837
JBT Marel
JBTM
$7.35B
| $86.4M | 0.03% |
724,340
+4,627
| +0.6% | +$503K |
|
|
JHG
838
DELISTED
Janus Henderson
JHG
| $86.3M | 0.03% |
3,202,190
+258,164
| +9% | +$7.53M |
|
839
Cimpress
CMPR
$2.39B
| $86.2M | 0.03% |
631,117
-5,328
| -0.8% | -$769K |
|
840
Sensient Technologies
SXT
$5.22B
| $86.2M | 0.03% |
1,126,395
+47,920
| +4% | +$3.42M |
|
841
First Citizens BancShares
FCNCA
$24.7B
| $86.2M | 0.03% |
190,482
-3,287
| -2% | -$1.45M |
|
842
Capri Holdings
CPRI
$1.79B
| $86.1M | 0.03% |
1,255,296
+16,649
| +1% | +$1.17M |
|
843
Rockwell Automation
ROK
$51.3B
| $86M | 0.03% |
458,674
+56,862
| +14% | +$10.2M |
|
844
Mine Safety
MSA
$6.78B
| $86M | 0.03% |
807,866
+1,863
| +0.2% | +$188K |
|
845
Autoliv
ALV
$9.19B
| $86M | 0.03% |
991,626
-376,531
| -28% | -$35.9M |
|
846
Scansource
SCSC
$1.17B
| $85.8M | 0.03% |
2,150,161
+12,111
| +0.6% | +$496K |
|
847
Usana Health Sciences
USNA
$417M
| $85.8M | 0.03% |
711,582
-14,803
| -2% | -$1.84M |
|
|
VSTO
848
DELISTED
Vista Outdoor Inc.
VSTO
| $85.7M | 0.03% |
4,788,872
+1,659
| +0% | +$28.5K |
|
849
The Ensign Group
ENSG
$10.7B
| $85.6M | 0.03% |
2,413,739
-17,163
| -0.7% | -$598K |
|
850
Evercore
EVR
$11.8B
| $85.6M | 0.03% |
851,471
-67,071
| -7% | -$7.23M |
|
Similar funds
Dimensional Fund Advisors's Q3 2018 Portfolio in Review
As of Q3 2018, Dimensional Fund Advisors held 3,484 positions worth $263B, up 4.7% from $251B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Dimensional Fund Advisors's Q3 2018 filing shows 116 new, 2,090 increased, 975 reduced and 60 closed positions. Its largest new stake was Brookfield Property REIT Inc. Class A Common Stock: 3,066,748 shares worth $64.2M. The largest sale was JPMorgan Chase, an estimated $427M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q3 2018 buy was Brookfield Property REIT Inc. Class A Common Stock: 3,066,748 shares worth $64.2M.
- Dimensional Fund Advisors added most to Broadcom in Q3 2018, an estimated $134M increase.
- Dimensional Fund Advisors's biggest Q3 2018 reduction was JPMorgan Chase, cutting an estimated $427M.
- Dimensional Fund Advisors fully exited GGP Inc. in Q3 2018, selling an estimated $172M.
- Dimensional Fund Advisors's ten largest holdings make up 9.6% of its $263B portfolio in Q3 2018.
- Dimensional Fund Advisors opened 116 new positions and closed 60 in Q3 2018.
- Dimensional Fund Advisors's portfolio value rose 4.7% quarter-over-quarter to $263B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2018, filed 13 Nov 2018.