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 |
Broadcom
AVGO
|
+$134M |
| 2 |
FedEx
FDX
|
+$115M |
| 3 |
Prologis
PLD
|
+$105M |
| 4 |
Marriott Vacations Worldwide
VAC
|
+$91.5M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$88.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$427M |
| 2 |
Cisco
CSCO
|
+$288M |
| 3 |
Wells Fargo
WFC
|
+$187M |
| 4 |
GGP
GGP Inc.
GGP
|
+$172M |
| 5 |
ILG
ILG, Inc Common Stock
ILG
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.87% |
| 2 | Industrials | 13.37% |
| 3 | Technology | 12.91% |
| 4 | Consumer Discretionary | 10.5% |
| 5 | Healthcare | 10.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Caterpillar
CAT
$402B
| $330M | 0.13% |
2,163,986
+16,752
| +0.8% | +$2.37M |
|
102
CACI
CACI
$11B
| $329M | 0.13% |
1,784,124
-163,632
| -8% | -$30.2M |
|
|
CXO
103
DELISTED
CONCHO RESOURCES INC.
CXO
| $327M | 0.12% |
2,140,639
+561,247
| +36% | +$79.1M |
|
104
Eaton
ETN
$155B
| $326M | 0.12% |
3,763,941
-4,957
| -0.1% | -$405K |
|
105
Texas Instruments
TXN
$255B
| $325M | 0.12% |
3,028,666
+81,189
| +3% | +$9.03M |
|
106
SLB Ltd
SLB
$76.5B
| $324M | 0.12% |
5,314,027
-18,368
| -0.3% | -$1.18M |
|
107
Vale
VALE
$62.9B
| $323M | 0.12% |
21,754,632
-1,995,334
| -8% | -$26.9M |
|
108
Royal Caribbean
RCL
$81.8B
| $319M | 0.12% |
2,452,507
+11,381
| +0.5% | +$1.33M |
|
109
CSX Corp
CSX
$96B
| $317M | 0.12% |
12,842,484
-105,150
| -0.8% | -$2.5M |
|
110
Costco
COST
$422B
| $316M | 0.12% |
1,343,631
+13,441
| +1% | +$3.03M |
|
111
Fidelity National Information Services
FIS
$22.3B
| $312M | 0.12% |
2,861,611
-43,487
| -1% | -$4.69M |
|
112
Kohl's
KSS
$2.1B
| $310M | 0.12% |
4,157,900
-799,037
| -16% | -$60.5M |
|
113
Bank of Montreal
BMO
$125B
| $310M | 0.12% |
3,754,901
-170,142
| -4% | -$13.7M |
|
|
AAN.A
114
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $309M | 0.12% |
5,674,374
-226,548
| -4% | -$12.3M |
|
115
McDonald's
MCD
$192B
| $304M | 0.12% |
1,817,747
-6,324
| -0.3% | -$1.01M |
|
|
AGN
116
DELISTED
Allergan plc
AGN
| $304M | 0.12% |
1,593,882
-11,987
| -0.7% | -$2.2M |
|
117
Nucor
NUE
$56.4B
| $298M | 0.11% |
4,690,679
+14,528
| +0.3% | +$930K |
|
118
Republic Services
RSG
$66.7B
| $297M | 0.11% |
4,088,244
+185,362
| +5% | +$13.4M |
|
119
Lowe's Companies
LOW
$119B
| $295M | 0.11% |
2,566,534
+49,551
| +2% | +$5.16M |
|
120
American International
AIG
$42B
| $294M | 0.11% |
5,516,786
-97,247
| -2% | -$5.22M |
|
121
Ventas
VTR
$48.7B
| $293M | 0.11% |
5,386,949
+10,246
| +0.2% | +$593K |
|
122
Nike
NKE
$62.5B
| $291M | 0.11% |
3,438,910
+44,482
| +1% | +$3.57M |
|
123
Chord Energy
CHRD
$7.42B
| $291M | 0.11% |
20,510,299
-75,994
| -0.4% | -$962K |
|
124
Corning
GLW
$123B
| $290M | 0.11% |
8,227,051
+214,078
| +3% | +$6.95M |
|
125
Aflac
AFL
$64.4B
| $289M | 0.11% |
6,135,390
-51,244
| -0.8% | -$2.35M |
|
Similar funds
Dimensional Fund Advisors's Q3 2018 Portfolio in Review
As of Q3 2018, Dimensional Fund Advisors held 3,484 positions worth $263B, up 4.7% from $251B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Dimensional Fund Advisors's Q3 2018 filing shows 116 new, 2,090 increased, 975 reduced and 60 closed positions. Its largest new stake was Brookfield Property REIT Inc. Class A Common Stock: 3,066,748 shares worth $64.2M. The largest sale was JPMorgan Chase, an estimated $427M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q3 2018 buy was Brookfield Property REIT Inc. Class A Common Stock: 3,066,748 shares worth $64.2M.
- Dimensional Fund Advisors added most to Broadcom in Q3 2018, an estimated $134M increase.
- Dimensional Fund Advisors's biggest Q3 2018 reduction was JPMorgan Chase, cutting an estimated $427M.
- Dimensional Fund Advisors fully exited GGP Inc. in Q3 2018, selling an estimated $172M.
- Dimensional Fund Advisors's ten largest holdings make up 9.6% of its $263B portfolio in Q3 2018.
- Dimensional Fund Advisors opened 116 new positions and closed 60 in Q3 2018.
- Dimensional Fund Advisors's portfolio value rose 4.7% quarter-over-quarter to $263B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2018, filed 13 Nov 2018.