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 | |
|---|---|---|---|---|---|---|
1426
Pathward Financial
CASH
$1.86B
| $50M | 0.02% |
1,539,261
+12,720
| +0.8% | +$462K |
|
1427
Pegasystems
PEGA
$5.02B
| $50M | 0.02% |
1,823,162
-128,214
| -7% | -$3.93M |
|
1428
Enviri
NVRI
$623M
| $49.9M | 0.02% |
2,259,095
+49,093
| +2% | +$1.13M |
|
1429
Lakeland Financial Corp
LKFN
$1.56B
| $49.9M | 0.02% |
1,035,976
+7,379
| +0.7% | +$359K |
|
1430
Xcel Energy
XEL
$48.8B
| $49.9M | 0.02% |
1,091,805
+8,302
| +0.8% | +$372K |
|
|
CNR
1431
Core Natural Resources Inc
CNR
$4.02B
| $49.8M | 0.02% |
1,298,843
-134,775
| -9% | -$5.2M |
|
|
EMCI
1432
DELISTED
EMC INS Group Inc
EMCI
| $49.8M | 0.02% |
1,791,278
-11,394
| -0.6% | -$302K |
|
1433
O-I Glass
OI
$1.1B
| $49.7M | 0.02% |
2,958,769
+441,377
| +18% | +$8.53M |
|
1434
Ovintiv
OVV
$17.3B
| $49.7M | 0.02% |
761,425
+35,263
| +5% | +$2.21M |
|
1435
Genworth Financial
GNW
$3.76B
| $49.7M | 0.02% |
11,037,461
-485,381
| -4% | -$1.67M |
|
|
SUM
1436
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $49.6M | 0.02% |
1,921,392
+158,471
| +9% | +$4.42M |
|
1437
Brown-Forman Class B
BF.B
$13.2B
| $49.6M | 0.02% |
1,011,781
-1,136
| -0.1% | -$62.2K |
|
1438
Cadence Design Systems
CDNS
$93.6B
| $49.5M | 0.02% |
1,143,858
+6,029
| +0.5% | +$248K |
|
1439
Carter's
CRI
$1.42B
| $49.5M | 0.02% |
456,973
+6,161
| +1% | +$662K |
|
|
BDN
1440
Brandywine Realty Trust
BDN
$524M
| $49.5M | 0.02% |
2,933,959
+31,292
| +1% | +$502K |
|
|
LDL
1441
DELISTED
Lydall, Inc.
LDL
| $49.4M | 0.02% |
1,132,616
+98,756
| +10% | +$4.32M |
|
1442
Cullen/Frost Bankers
CFR
$10.3B
| $49.4M | 0.02% |
456,716
-13,927
| -3% | -$1.57M |
|
|
MXIM
1443
DELISTED
Maxim Integrated Products
MXIM
| $49.4M | 0.02% |
841,391
+32,407
| +4% | +$1.89M |
|
|
IPHS
1444
DELISTED
Innophos Holdings, Inc.
IPHS
| $49.3M | 0.02% |
1,036,266
+23,828
| +2% | +$1.08M |
|
|
PDM
1445
Piedmont Realty Trust
PDM
$1.21B
| $49.3M | 0.02% |
2,472,970
+10,542
| +0.4% | +$196K |
|
1446
C.H. Robinson
CHRW
$17.4B
| $49.3M | 0.02% |
588,691
+36,807
| +7% | +$3.28M |
|
1447
Sempra
SRE
$57.9B
| $49.2M | 0.02% |
846,904
+4,174
| +0.5% | +$228K |
|
1448
Consolidated Edison
ED
$40.1B
| $49.1M | 0.02% |
629,554
+4,636
| +0.7% | +$354K |
|
1449
Expeditors International
EXPD
$22B
| $49M | 0.02% |
670,850
+12,739
| +2% | +$890K |
|
1450
Tennant Co
TNC
$1.43B
| $49M | 0.02% |
620,592
-2,806
| -0.5% | -$210K |
|
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.