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 | |
|---|---|---|---|---|---|---|
1676
TransUnion
TRU
$15.1B
| $38.7M | 0.02% |
540,532
+8,212
| +2% | +$547K |
|
1677
Axcelis
ACLS
$4.01B
| $38.7M | 0.02% |
1,955,604
+105,108
| +6% | +$2.31M |
|
|
CAMP
1678
DELISTED
CalAmp Corp.
CAMP
| $38.7M | 0.02% |
71,856
+216
| +0.3% | +$109K |
|
1679
Sally Beauty Holdings
SBH
$1.43B
| $38.6M | 0.02% |
2,410,135
+73,866
| +3% | +$1.17M |
|
|
COTV
1680
DELISTED
Cotiviti Holdings, Inc.
COTV
| $38.6M | 0.02% |
875,385
+130,219
| +17% | +$4.73M |
|
|
VEDL
1681
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $38.6M | 0.02% |
2,842,556
+2,983
| +0.1% | +$47.9K |
|
1682
Central Pacific Financial
CPF
$1.02B
| $38.6M | 0.02% |
1,346,227
-11,747
| -0.9% | -$347K |
|
|
BKS
1683
DELISTED
Barnes & Noble
BKS
| $38.5M | 0.02% |
6,062,265
-61,730
| -1% | -$349K |
|
|
SEE
1684
DELISTED
Sealed Air
SEE
| $38.5M | 0.02% |
906,108
+6,242
| +0.7% | +$274K |
|
|
MOMO
1685
Hello Group
MOMO
$885M
| $38.4M | 0.02% |
883,018
+88,142
| +11% | +$3.66M |
|
|
HAYN
1686
DELISTED
Haynes International, Inc.
HAYN
| $38.4M | 0.02% |
1,044,133
-18,116
| -2% | -$731K |
|
1687
MDU Resources
MDU
$4.17B
| $38.3M | 0.02% |
3,510,833
+895,452
| +34% | +$9.55M |
|
1688
EPAM Systems
EPAM
$5.51B
| $38.2M | 0.02% |
307,636
-5,986
| -2% | -$720K |
|
1689
Hubbell
HUBB
$25B
| $38.2M | 0.02% |
361,502
+3,873
| +1% | +$429K |
|
|
LTM
1690
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $38.1M | 0.02% |
3,854,846
-63,049
| -2% | -$846K |
|
1691
Churchill Downs
CHDN
$5.88B
| $38.1M | 0.02% |
770,772
+22,026
| +3% | +$1.03M |
|
1692
Amneal Pharmaceuticals
AMRX
$5.85B
| $38.1M | 0.02% |
+2,320,288
| New | +$40.7M |
|
|
PES
1693
DELISTED
Pioneer Energy Services Corp.
PES
| $38.1M | 0.02% |
6,505,737
+152,183
| +2% | +$677K |
|
1694
Edison International
EIX
$28.2B
| $38M | 0.02% |
600,679
+5,581
| +0.9% | +$348K |
|
|
ESND
1695
DELISTED
Essendant Inc.
ESND
| $38M | 0.02% |
2,874,201
+171,061
| +6% | +$1.93M |
|
1696
Lennox International
LII
$14.4B
| $37.9M | 0.02% |
189,642
-2,039
| -1% | -$413K |
|
|
PDCO
1697
DELISTED
Patterson Companies, Inc.
PDCO
| $37.9M | 0.02% |
1,673,280
-13,936
| -0.8% | -$314K |
|
1698
DXP Enterprises
DXPE
$2.43B
| $37.8M | 0.02% |
990,287
+6,521
| +0.7% | +$251K |
|
1699
Ingles Markets
IMKTA
$1.71B
| $37.8M | 0.02% |
1,188,140
-7,092
| -0.6% | -$223K |
|
1700
RH
RH
$3.13B
| $37.8M | 0.02% |
270,378
+7,063
| +3% | +$765K |
|
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.