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 | |
|---|---|---|---|---|---|---|
151
Truist Financial
TFC
$63.5B
| $246M | 0.1% |
4,871,850
-15,190
| -0.3% | -$807K |
|
|
CVSA
152
Covista Inc
CVSA
$4.3B
| $245M | 0.1% |
5,095,378
-62,649
| -1% | -$3M |
|
153
Vishay Intertechnology
VSH
$5.18B
| $244M | 0.1% |
10,532,556
-587,344
| -5% | -$12.2M |
|
|
STL
154
DELISTED
Sterling Bancorp
STL
| $244M | 0.1% |
10,377,342
-1,634,169
| -14% | -$39M |
|
|
UFS
155
DELISTED
DOMTAR CORPORATION (New)
UFS
| $243M | 0.1% |
5,091,939
-140,311
| -3% | -$6.5M |
|
|
FITB
156
Fifth Third Bancorp
FITB
$51.3B
| $241M | 0.1% |
8,400,832
-35,557
| -0.4% | -$1.13M |
|
157
Lowe's Companies
LOW
$118B
| $241M | 0.1% |
2,516,983
+44,711
| +2% | +$4.05M |
|
158
Petrobras Class A
PBR.A
$109B
| $240M | 0.1% |
27,202,590
-1,314,379
| -5% | -$14.9M |
|
159
Essex Property Trust
ESS
$18.1B
| $240M | 0.1% |
1,005,382
+16,077
| +2% | +$3.83M |
|
160
Host Hotels & Resorts
HST
$17.2B
| $240M | 0.1% |
11,382,347
+168,274
| +2% | +$3.44M |
|
161
Lumen
LUMN
$6.76B
| $239M | 0.1% |
12,817,283
+627,080
| +5% | +$11.4M |
|
162
MetLife
MET
$62.5B
| $239M | 0.1% |
5,475,237
+7,600
| +0.1% | +$354K |
|
163
Freeport-McMoran
FCX
$91.2B
| $238M | 0.09% |
13,791,970
+73,674
| +0.5% | +$1.25M |
|
164
Allstate
ALL
$68.3B
| $237M | 0.09% |
2,596,061
-3,282
| -0.1% | -$312K |
|
165
Western Digital
WDC
$184B
| $237M | 0.09% |
4,049,486
+66,097
| +2% | +$4.21M |
|
166
Fulton Financial
FULT
$4.66B
| $236M | 0.09% |
14,321,729
+130,352
| +0.9% | +$2.26M |
|
|
MBFI
167
DELISTED
MB Financial Corp
MBFI
| $236M | 0.09% |
5,052,742
+43,922
| +0.9% | +$2.01M |
|
168
GATX Corp
GATX
$6.45B
| $236M | 0.09% |
3,172,760
-30,433
| -1% | -$2.14M |
|
169
WaFd
WAFD
$2.69B
| $235M | 0.09% |
7,199,498
-103,457
| -1% | -$3.4M |
|
170
Deckers Outdoor
DECK
$13.6B
| $235M | 0.09% |
12,502,662
-814,104
| -6% | -$14.1M |
|
171
D.R. Horton
DHI
$40.7B
| $234M | 0.09% |
5,714,110
+3,413
| +0.1% | +$147K |
|
172
Hewlett Packard
HPE
$62.4B
| $234M | 0.09% |
16,029,870
-133,504
| -0.8% | -$2.21M |
|
173
Textron
TXT
$15B
| $234M | 0.09% |
3,552,104
-4,909
| -0.1% | -$317K |
|
174
Regal Rexnord
RRX
$13.5B
| $232M | 0.09% |
2,836,085
+152,885
| +6% | +$11.8M |
|
175
Broadcom
AVGO
$1.85T
| $230M | 0.09% |
9,483,900
-175,990
| -2% | -$4.31M |
|
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.