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 | |
|---|---|---|---|---|---|---|
1626
Maximus
MMS
$3.17B
| $40.9M | 0.02% |
658,440
-1,044
| -0.2% | -$67.7K |
|
1627
AutoZone
AZO
$49.2B
| $40.9M | 0.02% |
60,878
+815
| +1% | +$526K |
|
|
MASI
1628
DELISTED
Masimo
MASI
| $40.8M | 0.02% |
417,575
-66,563
| -14% | -$6.33M |
|
|
KE
1629
Kimball Electronics
KE
$595M
| $40.8M | 0.02% |
2,227,389
-28,262
| -1% | -$505K |
|
1630
AMC Global Media
AMCX
$492M
| $40.7M | 0.02% |
654,502
+86,704
| +15% | +$4.95M |
|
|
VSM
1631
DELISTED
Versum Materials, Inc.
VSM
| $40.6M | 0.02% |
1,093,339
+74,743
| +7% | +$2.85M |
|
1632
ScottsMiracle-Gro
SMG
$3.82B
| $40.6M | 0.02% |
488,311
-3,602
| -0.7% | -$301K |
|
|
DENN
1633
DELISTED
Denny's
DENN
| $40.6M | 0.02% |
2,546,859
-6,354
| -0.2% | -$101K |
|
|
XHR
1634
Xenia Hotels & Resorts
XHR
$1.9B
| $40.3M | 0.02% |
1,654,364
+24,623
| +2% | +$562K |
|
|
GCP
1635
DELISTED
GCP Applied Technologies Inc.
GCP
| $40.3M | 0.02% |
1,391,645
-2,119
| -0.2% | -$64.1K |
|
1636
Lazard
LAZ
$4.13B
| $40.2M | 0.02% |
822,547
-4,667
| -0.6% | -$247K |
|
|
INWK
1637
DELISTED
InnerWorkings, Inc.
INWK
| $40.1M | 0.02% |
4,617,706
-8,829
| -0.2% | -$81.5K |
|
1638
Radian Group
RDN
$5.18B
| $40.1M | 0.02% |
2,470,171
+291,334
| +13% | +$4.76M |
|
1639
Westamerica Bancorp
WABC
$1.38B
| $40M | 0.02% |
708,437
+44,309
| +7% | +$2.56M |
|
1640
Telkom Indonesia
TLK
$14.5B
| $40M | 0.02% |
1,536,730
+4,295
| +0.3% | +$112K |
|
|
TUP
1641
DELISTED
Tupperware Brands Corporation
TUP
| $40M | 0.02% |
968,742
-1,409
| -0.1% | -$61.8K |
|
1642
Viavi Solutions
VIAV
$9.12B
| $39.9M | 0.02% |
3,900,806
-18,336
| -0.5% | -$181K |
|
|
CAI
1643
DELISTED
CAI International, Inc.
CAI
| $39.9M | 0.02% |
1,718,658
-10,840
| -0.6% | -$252K |
|
1644
STAG Industrial
STAG
$7.38B
| $39.9M | 0.02% |
1,464,546
+116,033
| +9% | +$2.97M |
|
1645
Diamondrock Hospitality Co
DRH
$2.71B
| $39.9M | 0.02% |
3,247,324
+30,841
| +1% | +$361K |
|
1646
PG&E
PCG
$38.3B
| $39.9M | 0.02% |
936,687
+8,054
| +0.9% | +$349K |
|
|
RFP
1647
DELISTED
Resolute Forest Products Inc.
RFP
| $39.9M | 0.02% |
3,851,433
+228,131
| +6% | +$2.29M |
|
1648
PetMed Express
PETS
$41.7M
| $39.9M | 0.02% |
904,848
+721
| +0.1% | +$27.9K |
|
1649
Empire State Realty Trust
ESRT
$872M
| $39.9M | 0.02% |
2,330,526
+53,189
| +2% | +$899K |
|
|
VISN
1650
Vistance Networks Inc
VISN
$2.65B
| $39.8M | 0.02% |
1,364,365
+65,148
| +5% | +$2.14M |
|
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.