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 | |
|---|---|---|---|---|---|---|
1051
Teledyne Technologies
TDY
$30.4B
| $68.5M | 0.03% |
344,368
-40,784
| -11% | -$8.05M |
|
1052
Perrigo
PRGO
$1.4B
| $68.5M | 0.03% |
939,570
+17,455
| +2% | +$1.35M |
|
1053
WSFS Financial
WSFS
$4.12B
| $68.5M | 0.03% |
1,284,706
+14,121
| +1% | +$732K |
|
1054
Paychex
PAYX
$41.6B
| $68.3M | 0.03% |
998,955
+5,824
| +0.6% | +$376K |
|
|
NWLI
1055
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $68.2M | 0.03% |
222,043
+11,571
| +5% | +$3.61M |
|
1056
Royal Gold
RGLD
$16.8B
| $68.1M | 0.03% |
733,778
+11,711
| +2% | +$1.05M |
|
1057
Arch Capital
ACGL
$34.3B
| $68.1M | 0.03% |
2,573,796
+17,664
| +0.7% | +$475K |
|
|
FLOW
1058
DELISTED
SPX FLOW, Inc.
FLOW
| $67.9M | 0.03% |
1,552,010
+155,285
| +11% | +$7.1M |
|
|
NUVA
1059
DELISTED
NuVasive, Inc.
NUVA
| $67.9M | 0.03% |
1,303,103
+121,467
| +10% | +$6.36M |
|
|
DHC
1060
Diversified Healthcare Trust
DHC
$2.15B
| $67.9M | 0.03% |
3,752,934
+48,625
| +1% | +$804K |
|
1061
Perdoceo Education
PRDO
$1.99B
| $67.7M | 0.03% |
4,187,213
-112,780
| -3% | -$1.64M |
|
1062
EXL Service
EXLS
$5.14B
| $67.6M | 0.03% |
5,966,485
+104,585
| +2% | +$1.19M |
|
1063
ICU Medical
ICUI
$4.21B
| $67.5M | 0.03% |
229,802
-84,590
| -27% | -$23.1M |
|
1064
Boston Beer
SAM
$1.91B
| $67.4M | 0.03% |
224,846
-6,914
| -3% | -$1.68M |
|
1065
WEX
WEX
$6.37B
| $67.3M | 0.03% |
353,543
-6,703
| -2% | -$1.17M |
|
|
POLY
1066
DELISTED
Plantronics, Inc.
POLY
| $67.2M | 0.03% |
880,808
+20,383
| +2% | +$1.41M |
|
1067
ATN International
ATNI
$366M
| $67M | 0.03% |
1,269,327
+81,822
| +7% | +$4.6M |
|
1068
Federal Agricultural Mortgage
AGM
$2.47B
| $67M | 0.03% |
748,372
-16,051
| -2% | -$1.44M |
|
1069
Teleflex
TFX
$6.05B
| $66.9M | 0.03% |
249,583
-21,038
| -8% | -$5.64M |
|
1070
Virtus Investment Partners
VRTS
$1.06B
| $66.9M | 0.03% |
523,177
+6,017
| +1% | +$746K |
|
1071
Kadant
KAI
$3.63B
| $66.9M | 0.03% |
695,333
-111,297
| -14% | -$10.7M |
|
|
TXNM
1072
TXNM Energy Inc
TXNM
$6.41B
| $66.9M | 0.03% |
1,718,588
+31,516
| +2% | +$1.21M |
|
|
SONC
1073
DELISTED
Sonic Corp
SONC
| $66.8M | 0.03% |
1,941,695
-4,644
| -0.2% | -$129K |
|
1074
Rockwell Automation
ROK
$53.4B
| $66.8M | 0.03% |
401,812
+1,877
| +0.5% | +$326K |
|
|
BIG
1075
DELISTED
Big Lots, Inc.
BIG
| $66.6M | 0.03% |
1,594,589
+132,458
| +9% | +$5.56M |
|
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.