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 | |
|---|---|---|---|---|---|---|
1226
BOK Financial
BOKF
$8.58B
| $59.3M | 0.02% |
631,139
-105,515
| -14% | -$10.7M |
|
1227
Evolent Health
EVH
$348M
| $59.3M | 0.02% |
2,818,720
+876,358
| +45% | +$16.6M |
|
1228
Regeneron Pharmaceuticals
REGN
$78.5B
| $59.3M | 0.02% |
171,861
+2,191
| +1% | +$685K |
|
1229
Asbury Automotive
ABG
$4.31B
| $59.2M | 0.02% |
864,220
+15,359
| +2% | +$1.08M |
|
1230
Heritage Financial
HFWA
$1.22B
| $59.2M | 0.02% |
1,698,602
-73,692
| -4% | -$2.36M |
|
|
FBR
1231
DELISTED
Fibria Celulose Sa
FBR
| $59.2M | 0.02% |
3,183,398
| – | – |
|
1232
Cohu
COHU
$2.26B
| $58.9M | 0.02% |
2,404,861
+26,142
| +1% | +$616K |
|
|
NFBK
1233
DELISTED
Northfield Bancorp
NFBK
| $58.9M | 0.02% |
3,542,428
+115,381
| +3% | +$1.87M |
|
1234
Church & Dwight Co
CHD
$23.4B
| $58.9M | 0.02% |
1,107,188
+137,060
| +14% | +$6.64M |
|
|
EE
1235
DELISTED
El Paso Electric Company
EE
| $58.8M | 0.02% |
995,526
-1,426
| -0.1% | -$77.6K |
|
|
FLIR
1236
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $58.8M | 0.02% |
1,130,570
-238,122
| -17% | -$12.7M |
|
|
CORE
1237
DELISTED
Core Mark Holding Co., Inc.
CORE
| $58.6M | 0.02% |
2,579,930
+405,500
| +19% | +$8.33M |
|
|
ECHO
1238
EchoStar
ECHO
$24.4B
| $58.6M | 0.02% |
1,627,338
+33,727
| +2% | +$1.38M |
|
|
WRI
1239
DELISTED
Weingarten Realty Investors
WRI
| $58.5M | 0.02% |
1,900,188
+26,419
| +1% | +$754K |
|
|
ABAX
1240
DELISTED
Abaxis Inc
ABAX
| $58.5M | 0.02% |
705,093
-5,321
| -0.7% | -$408K |
|
|
ALEX
1241
DELISTED
Alexander & Baldwin
ALEX
| $58.5M | 0.02% |
2,489,721
-499,819
| -17% | -$11.1M |
|
1242
News Corp Class A
NWSA
$14.9B
| $58.5M | 0.02% |
3,774,394
+35,360
| +0.9% | +$558K |
|
|
ABMD
1243
DELISTED
Abiomed Inc
ABMD
| $58.5M | 0.02% |
142,917
+9,345
| +7% | +$3.39M |
|
1244
Howard Hughes
HHH
$3.81B
| $58.4M | 0.02% |
462,512
+31,770
| +7% | +$4.05M |
|
1245
Compass Minerals
CMP
$1.23B
| $58.3M | 0.02% |
886,930
+15,790
| +2% | +$1.05M |
|
1246
Sunstone Hotel Investors
SHO
$2.19B
| $58.3M | 0.02% |
3,508,486
+23,256
| +0.7% | +$378K |
|
1247
Charles River Laboratories
CRL
$11.2B
| $58.2M | 0.02% |
518,361
-6,651
| -1% | -$719K |
|
1248
Expedia Group
EXPE
$35.4B
| $58.1M | 0.02% |
483,676
+21,202
| +5% | +$2.45M |
|
1249
Yum! Brands
YUM
$41.8B
| $58.1M | 0.02% |
743,249
-3,380
| -0.5% | -$282K |
|
1250
QuidelOrtho
QDEL
$1.14B
| $58.1M | 0.02% |
874,180
-50,875
| -5% | -$3.07M |
|
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.