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 | |
|---|---|---|---|---|---|---|
1176
Wynn Resorts
WYNN
$10.3B
| $61.2M | 0.02% |
365,848
+37,776
| +12% | +$6.97M |
|
1177
Mitsubishi UFJ Financial
MUFG
$253B
| $61.2M | 0.02% |
10,829,748
-219,943
| -2% | -$1.39M |
|
1178
Equifax
EFX
$20.3B
| $61.2M | 0.02% |
488,991
+18,925
| +4% | +$2.24M |
|
1179
NVR
NVR
$16.5B
| $61.2M | 0.02% |
20,598
+134
| +0.7% | +$410K |
|
1180
Polaris
PII
$3.82B
| $61.2M | 0.02% |
500,602
-25,636
| -5% | -$3M |
|
1181
Black Hills Corp
BKH
$5.42B
| $61.1M | 0.02% |
998,950
+2,952
| +0.3% | +$168K |
|
1182
Hyster-Yale Materials Handling
HY
$599M
| $61.1M | 0.02% |
950,676
+34,490
| +4% | +$2.4M |
|
|
LHO
1183
DELISTED
LaSalle Hotel Properties
LHO
| $61M | 0.02% |
1,782,622
-13,360
| -0.7% | -$432K |
|
1184
Manitowoc
MTW
$497M
| $61M | 0.02% |
2,359,438
+7,343
| +0.3% | +$194K |
|
|
DCOM
1185
DELISTED
Dime Community Bancshares
DCOM
| $60.9M | 0.02% |
3,123,593
-20,324
| -0.6% | -$399K |
|
1186
Markel Group
MKL
$23.3B
| $60.9M | 0.02% |
56,154
+403
| +0.7% | +$455K |
|
1187
Metallus
MTUS
$838M
| $60.8M | 0.02% |
3,717,456
+140,895
| +4% | +$2.41M |
|
|
SRC
1188
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $60.7M | 0.02% |
1,512,991
-173,380
| -10% | -$6.59M |
|
1189
Aaon
AAON
$7.3B
| $60.7M | 0.02% |
2,738,169
+13,818
| +0.5% | +$304K |
|
|
MCHB
1190
Mechanics Bancorp
MCHB
$3.72B
| $60.7M | 0.02% |
2,250,949
-29,924
| -1% | -$825K |
|
1191
Itron
ITRI
$4.36B
| $60.6M | 0.02% |
1,009,962
-956
| -0.1% | -$60.5K |
|
1192
Harley-Davidson
HOG
$2.58B
| $60.6M | 0.02% |
1,440,305
+35,722
| +3% | +$1.51M |
|
1193
Steris
STE
$22.3B
| $60.5M | 0.02% |
576,569
-2,052
| -0.4% | -$206K |
|
1194
Aramark
ARMK
$15B
| $60.5M | 0.02% |
2,257,972
+81,550
| +4% | +$2.25M |
|
1195
Avery Dennison
AVY
$13B
| $60.4M | 0.02% |
591,532
-1,621
| -0.3% | -$171K |
|
|
LABL
1196
DELISTED
Multi-Color Corp
LABL
| $60.4M | 0.02% |
933,600
+191,424
| +26% | +$12.8M |
|
1197
Johnson Outdoors
JOUT
$491M
| $60.3M | 0.02% |
713,150
-23,890
| -3% | -$1.75M |
|
1198
Hexcel
HXL
$7.79B
| $60.2M | 0.02% |
907,491
-799
| -0.1% | -$54.5K |
|
1199
Bread Financial
BFH
$4.37B
| $60.2M | 0.02% |
323,355
+11,026
| +4% | +$1.88M |
|
1200
Gorman-Rupp
GRC
$2.14B
| $60.1M | 0.02% |
1,717,909
+5,210
| +0.3% | +$170K |
|
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.