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 | |
|---|---|---|---|---|---|---|
1151
Commerce Bancshares
CBSH
$8.53B
| $62.3M | 0.02% |
1,422,046
-72,619
| -5% | -$3.16M |
|
1152
Cousins Properties
CUZ
$5.19B
| $62.2M | 0.02% |
1,605,134
+37,067
| +2% | +$1.35M |
|
|
BEAT
1153
DELISTED
BioTelemetry, Inc.
BEAT
| $62.2M | 0.02% |
1,381,798
-22,632
| -2% | -$902K |
|
1154
Huron Consulting
HURN
$2.41B
| $62.1M | 0.02% |
1,519,499
+43,094
| +3% | +$1.68M |
|
1155
ONE Gas
OGS
$4.87B
| $62.1M | 0.02% |
830,534
+2,298
| +0.3% | +$163K |
|
1156
RLJ Lodging Trust
RLJ
$1.86B
| $62.1M | 0.02% |
2,815,004
+42,928
| +2% | +$928K |
|
1157
MillerKnoll
MLKN
$1.53B
| $62.1M | 0.02% |
1,830,749
+143,622
| +9% | +$4.75M |
|
1158
Hanmi Financial
HAFC
$945M
| $62M | 0.02% |
2,187,131
+123,016
| +6% | +$3.65M |
|
|
XLNX
1159
DELISTED
Xilinx Inc
XLNX
| $61.9M | 0.02% |
948,710
+34,951
| +4% | +$2.38M |
|
1160
Builders FirstSource
BLDR
$7.15B
| $61.8M | 0.02% |
3,379,119
+2,286
| +0.1% | +$43.7K |
|
|
TEN
1161
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $61.8M | 0.02% |
1,405,855
+122,917
| +10% | +$5.92M |
|
1162
American Electric Power
AEP
$69.6B
| $61.7M | 0.02% |
890,537
+5,871
| +0.7% | +$395K |
|
1163
Columbia Sportswear
COLM
$3.04B
| $61.6M | 0.02% |
673,953
-4,113
| -0.6% | -$351K |
|
1164
Standex International
SXI
$3.59B
| $61.6M | 0.02% |
602,825
+6,763
| +1% | +$674K |
|
1165
First Solar
FSLR
$22.7B
| $61.6M | 0.02% |
1,169,076
+146,447
| +14% | +$9.58M |
|
1166
Liberty Broadband Class C
LBRDK
$4.88B
| $61.5M | 0.02% |
812,475
+7,853
| +1% | +$595K |
|
|
EQC
1167
DELISTED
Equity Commonwealth
EQC
| $61.5M | 0.02% |
1,952,009
+11,311
| +0.6% | +$350K |
|
|
SKX
1168
DELISTED
Skechers
SKX
| $61.5M | 0.02% |
2,047,704
+6,338
| +0.3% | +$203K |
|
|
OPB
1169
DELISTED
Opus Bank Common Stock
OPB
| $61.5M | 0.02% |
2,141,112
+218,882
| +11% | +$6.31M |
|
1170
Canadian Imperial Bank of Commerce
CM
$108B
| $61.4M | 0.02% |
1,413,608
+92,102
| +7% | +$4.06M |
|
1171
California Water Service
CWT
$3.1B
| $61.4M | 0.02% |
1,576,814
-902
| -0.1% | -$35.3K |
|
1172
Tractor Supply
TSCO
$16.1B
| $61.4M | 0.02% |
4,013,545
+60,035
| +2% | +$835K |
|
1173
First Financial Bankshares
FFIN
$5.04B
| $61.4M | 0.02% |
2,412,098
-5,186
| -0.2% | -$133K |
|
|
HEES
1174
DELISTED
H&E Equipment Services
HEES
| $61.2M | 0.02% |
1,627,925
-9,332
| -0.6% | -$348K |
|
1175
First Industrial Realty Trust
FR
$8.73B
| $61.2M | 0.02% |
1,836,085
+21,602
| +1% | +$681K |
|
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.