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 | |
|---|---|---|---|---|---|---|
1076
LG Display
LPL
$3B
| $66.5M | 0.03% |
8,072,314
-2,887
| -0% | -$30.3K |
|
1077
Monro
MNRO
$383M
| $66.4M | 0.03% |
1,142,972
+49,746
| +5% | +$2.81M |
|
1078
Oxford Industries
OXM
$566M
| $66.4M | 0.03% |
799,714
+11,829
| +2% | +$953K |
|
1079
J&J Snack Foods
JJSF
$1.43B
| $66.3M | 0.03% |
435,073
-1,164
| -0.3% | -$166K |
|
1080
Kelly Services Class A
KELYA
$514M
| $66.3M | 0.03% |
2,954,501
-3,234
| -0.1% | -$84.4K |
|
1081
Novanta
NOVT
$5.08B
| $66.2M | 0.03% |
1,062,476
+2,403
| +0.2% | +$147K |
|
1082
GSK
GSK
$104B
| $66.1M | 0.03% |
1,312,544
-25,156
| -2% | -$1.27M |
|
1083
Xylem
XYL
$27.3B
| $66M | 0.03% |
979,882
+2,280
| +0.2% | +$166K |
|
1084
Raymond James Financial
RJF
$33.8B
| $65.9M | 0.03% |
1,106,834
+4,325
| +0.4% | +$268K |
|
1085
Columbus McKinnon
CMCO
$553M
| $65.8M | 0.03% |
1,517,706
+40,616
| +3% | +$1.57M |
|
|
CVA
1086
DELISTED
Covanta Holding Corporation
CVA
| $65.7M | 0.03% |
3,984,239
+33,851
| +0.9% | +$533K |
|
|
TWNK
1087
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $65.7M | 0.03% |
4,828,961
+861,968
| +22% | +$11.9M |
|
1088
Mativ Holdings
MATV
$481M
| $65.5M | 0.03% |
1,498,147
-10,998
| -0.7% | -$467K |
|
1089
Bankunited
BKU
$3.37B
| $65.5M | 0.03% |
1,603,086
+332,547
| +26% | +$13.8M |
|
1090
Spire
SR
$4.72B
| $65.5M | 0.03% |
926,807
-518
| -0.1% | -$36.5K |
|
|
ASNA
1091
DELISTED
Ascena Retail Group, Inc.
ASNA
| $65.4M | 0.03% |
820,654
+64,750
| +9% | +$3.92M |
|
|
DISCK
1092
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $65.4M | 0.03% |
2,562,425
+213,272
| +9% | +$4.75M |
|
1093
Pricesmart
PSMT
$5.98B
| $65.2M | 0.03% |
720,688
+1,059
| +0.1% | +$92.1K |
|
1094
MGP Ingredients
MGPI
$379M
| $65.1M | 0.03% |
732,833
-24,550
| -3% | -$2.2M |
|
1095
Willis Towers Watson
WTW
$31.2B
| $65.1M | 0.03% |
429,184
+5,362
| +1% | +$816K |
|
1096
Thor Industries
THO
$3.9B
| $65M | 0.03% |
667,941
+28,887
| +5% | +$2.95M |
|
1097
Genesco
GCO
$425M
| $65M | 0.03% |
1,638,320
-39,503
| -2% | -$1.68M |
|
|
TDAY
1098
USA Today Co
TDAY
$1.27B
| $65M | 0.03% |
3,516,392
+630,873
| +22% | +$10.9M |
|
|
AUO
1099
DELISTED
AU Optronics Corp
AUO
| $64.9M | 0.03% |
15,350,913
-77,714
| -0.5% | -$334K |
|
1100
Movado Group
MOV
$849M
| $64.8M | 0.03% |
1,341,886
-37,150
| -3% | -$1.6M |
|
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.