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 | |
|---|---|---|---|---|---|---|
|
DOOR
1601
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $42.3M | 0.02% |
588,268
+56,752
| +11% | +$3.72M |
|
|
CIR
1602
DELISTED
CIRCOR International, Inc
CIR
| $42.2M | 0.02% |
1,141,802
+191,100
| +20% | +$8.6M |
|
1603
Bright Horizons
BFAM
$3.92B
| $42.2M | 0.02% |
411,450
-1,197
| -0.3% | -$120K |
|
1604
Washington Trust Bancorp
WASH
$743M
| $42.1M | 0.02% |
725,376
+20,268
| +3% | +$1.18M |
|
1605
Wingstop
WING
$3.53B
| $42.1M | 0.02% |
808,449
+31,981
| +4% | +$1.63M |
|
1606
Rayonier Advanced Materials
RYAM
$604M
| $42.1M | 0.02% |
2,462,810
+747,925
| +44% | +$14.4M |
|
|
EDR
1607
DELISTED
Education Realty Trust Inc
EDR
| $42.1M | 0.02% |
1,013,896
-148,039
| -13% | -$5.28M |
|
|
COBZ
1608
DELISTED
CoBiz Financial,Inc
COBZ
| $42M | 0.02% |
1,957,230
+37,931
| +2% | +$800K |
|
1609
Chefs' Warehouse
CHEF
$4.71B
| $42M | 0.02% |
1,473,675
+133,189
| +10% | +$3.49M |
|
|
SHYF
1610
DELISTED
The Shyft Group
SHYF
| $41.9M | 0.02% |
2,772,553
-121,171
| -4% | -$1.96M |
|
1611
Cohen & Steers
CNS
$4.23B
| $41.8M | 0.02% |
1,003,358
+131,016
| +15% | +$5.27M |
|
|
PSB
1612
DELISTED
PS Business Parks, Inc.
PSB
| $41.8M | 0.02% |
325,419
+2,892
| +0.9% | +$345K |
|
1613
Vera Bradley
VRA
$97M
| $41.8M | 0.02% |
2,977,085
-9,164
| -0.3% | -$110K |
|
1614
Nordson
NDSN
$16.6B
| $41.7M | 0.02% |
324,962
+6,086
| +2% | +$804K |
|
|
PRAH
1615
DELISTED
PRA Health Sciences, Inc.
PRAH
| $41.7M | 0.02% |
446,443
+1,589
| +0.4% | +$137K |
|
1616
Waters Corp
WAT
$37B
| $41.7M | 0.02% |
215,202
+1,598
| +0.7% | +$315K |
|
1617
Dine Brands
DIN
$456M
| $41.5M | 0.02% |
554,867
-2,502
| -0.4% | -$181K |
|
1618
Prudential
PUK
$37.6B
| $41.5M | 0.02% |
935,711
-15,668
| -2% | -$765K |
|
1619
Matrix Service
MTRX
$326M
| $41.4M | 0.02% |
2,257,631
+4,051
| +0.2% | +$70.1K |
|
1620
Ligand Pharmaceuticals
LGND
$5.76B
| $41.2M | 0.02% |
319,133
-37,191
| -10% | -$4.15M |
|
|
TOWR
1621
DELISTED
Tower International, Inc.
TOWR
| $41.2M | 0.02% |
1,295,595
+12,962
| +1% | +$390K |
|
|
CNR
1622
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $41.2M | 0.02% |
1,961,345
+13,041
| +0.7% | +$250K |
|
1623
HealthStream
HSTM
$819M
| $41.2M | 0.02% |
1,508,142
+54,836
| +4% | +$1.45M |
|
|
LNW
1624
DELISTED
Light & Wonder
LNW
| $41.2M | 0.02% |
837,714
-13,717
| -2% | -$724K |
|
1625
Financial Institutions
FISI
$816M
| $41M | 0.02% |
1,246,022
+56,106
| +5% | +$1.8M |
|
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.