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 | |
|---|---|---|---|---|---|---|
1201
CRH
CRH
$63.2B
| $60M | 0.02% |
1,697,800
-63,465
| -4% | -$2.28M |
|
1202
Universal Insurance Holdings
UVE
$1.22B
| $60M | 0.02% |
1,709,632
+32,633
| +2% | +$1.11M |
|
1203
Deutsche Bank
DB
$69B
| $60M | 0.02% |
5,649,527
+96,411
| +2% | +$1.23M |
|
|
WDR
1204
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $60M | 0.02% |
3,336,488
+245,242
| +8% | +$4.77M |
|
|
SHLM
1205
DELISTED
Schulman (A.) Inc
SHLM
| $59.9M | 0.02% |
1,346,810
-2,670
| -0.2% | -$117K |
|
|
TMX
1206
DELISTED
Terminix Global Holdings, Inc.
TMX
| $59.9M | 0.02% |
1,503,605
-82,884
| -5% | -$3.08M |
|
1207
Keysight
KEYS
$54.5B
| $59.9M | 0.02% |
1,014,519
-12,388
| -1% | -$688K |
|
|
GLOG
1208
DELISTED
GASLOG LTD
GLOG
| $59.9M | 0.02% |
3,134,073
+343,971
| +12% | +$6.11M |
|
1209
Allegiant Air
ALGT
$2.64B
| $59.8M | 0.02% |
430,716
+5,280
| +1% | +$815K |
|
1210
JB Hunt Transport Services
JBHT
$25.5B
| $59.8M | 0.02% |
492,089
+35,189
| +8% | +$4.3M |
|
1211
TriNet
TNET
$3.02B
| $59.8M | 0.02% |
1,068,991
+9,096
| +0.9% | +$479K |
|
1212
Mueller Industries
MLI
$14.7B
| $59.8M | 0.02% |
8,103,284
+101,260
| +1% | +$732K |
|
|
EXPR
1213
DELISTED
Express, Inc.
EXPR
| $59.8M | 0.02% |
326,560
-4,275
| -1% | -$741K |
|
1214
NorthWestern Energy
NWE
$4.23B
| $59.7M | 0.02% |
1,043,011
+30,163
| +3% | +$1.64M |
|
1215
Paycom
PAYC
$7.64B
| $59.7M | 0.02% |
604,132
-135,299
| -18% | -$14.6M |
|
1216
Mettler-Toledo International
MTD
$28.6B
| $59.6M | 0.02% |
103,093
+4,358
| +4% | +$2.49M |
|
|
CTXS
1217
DELISTED
Citrix Systems Inc
CTXS
| $59.6M | 0.02% |
568,485
+1,137
| +0.2% | +$117K |
|
1218
Hilton Worldwide
HLT
$72.1B
| $59.6M | 0.02% |
752,533
+31,574
| +4% | +$2.57M |
|
1219
Cincinnati Financial
CINF
$27.3B
| $59.6M | 0.02% |
890,673
+12,366
| +1% | +$879K |
|
|
FARO
1220
DELISTED
Faro Technologies
FARO
| $59.5M | 0.02% |
1,094,484
-36,897
| -3% | -$2.06M |
|
1221
Ryman Hospitality Properties
RHP
$8.43B
| $59.5M | 0.02% |
715,387
+4,240
| +0.6% | +$343K |
|
1222
nVent Electric
NVT
$24.9B
| $59.5M | 0.02% |
+2,369,790
| New | +$61.6M |
|
1223
Apple Hospitality REIT
APLE
$3.9B
| $59.5M | 0.02% |
3,326,033
+129,108
| +4% | +$2.36M |
|
|
ENLC
1224
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $59.4M | 0.02% |
3,613,770
+440,606
| +14% | +$7.03M |
|
1225
Sabra Healthcare REIT
SBRA
$5.34B
| $59.4M | 0.02% |
2,731,650
+84,833
| +3% | +$1.66M |
|
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.