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 | |
|---|---|---|---|---|---|---|
|
PHH
1801
DELISTED
PHH Corporation
PHH
| $32.8M | 0.01% |
3,021,362
-218,933
| -7% | -$2.35M |
|
1802
Essential Utilities
WTRG
$11.3B
| $32.8M | 0.01% |
932,286
+50,799
| +6% | +$1.74M |
|
1803
Strategy Inc
MSTR
$34.1B
| $32.7M | 0.01% |
2,562,850
+36,810
| +1% | +$479K |
|
1804
Adeia
ADEA
$2.94B
| $32.7M | 0.01% |
7,682,952
+548,463
| +8% | +$2.96M |
|
|
ITG
1805
DELISTED
Investment Technology Group Inc
ITG
| $32.7M | 0.01% |
1,563,291
-3,261
| -0.2% | -$69.6K |
|
1806
Powell Industries
POWL
$7.6B
| $32.7M | 0.01% |
2,814,126
+127,713
| +5% | +$1.41M |
|
|
ZAGG
1807
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $32.6M | 0.01% |
1,885,928
-113,081
| -6% | -$1.62M |
|
1808
FerroAtlántica
GSM
$594M
| $32.6M | 0.01% |
3,805,480
-111,563
| -3% | -$1.17M |
|
|
MIK
1809
DELISTED
Michaels Stores, Inc
MIK
| $32.6M | 0.01% |
1,700,657
+90,054
| +6% | +$1.71M |
|
1810
Cognex
CGNX
$10.9B
| $32.6M | 0.01% |
730,126
+295
| +0% | +$14K |
|
1811
Malibu Boats
MBUU
$541M
| $32.6M | 0.01% |
776,397
+15,254
| +2% | +$609K |
|
1812
Lindsay Corp
LNN
$1.13B
| $32.5M | 0.01% |
335,015
+2,170
| +0.7% | +$204K |
|
1813
International Flavors & Fragrances
IFF
$20.2B
| $32.5M | 0.01% |
261,963
+5,502
| +2% | +$719K |
|
1814
Enbridge
ENB
$119B
| $32.5M | 0.01% |
910,407
+126,323
| +16% | +$4M |
|
1815
Vipshop
VIPS
$7.37B
| $32.4M | 0.01% |
2,987,768
+147,684
| +5% | +$2.02M |
|
|
QCP
1816
DELISTED
Quality Care Properties, Inc.
QCP
| $32.4M | 0.01% |
1,505,561
+18,003
| +1% | +$380K |
|
1817
Atmos Energy
ATO
$28.8B
| $32.3M | 0.01% |
358,637
+2,696
| +0.8% | +$233K |
|
1818
SEI Investments
SEIC
$12.4B
| $32.3M | 0.01% |
516,778
+7,104
| +1% | +$473K |
|
1819
Chunghwa Telecom
CHT
$33.1B
| $32.3M | 0.01% |
899,427
+6,118
| +0.7% | +$227K |
|
1820
DMC Global
BOOM
$138M
| $32.3M | 0.01% |
718,703
-39,498
| -5% | -$1.53M |
|
|
BFX
1821
DELISTED
BowFlex Inc.
BFX
| $32.3M | 0.01% |
2,054,320
+41,914
| +2% | +$636K |
|
1822
Forrester Research
FORR
$223M
| $32.2M | 0.01% |
767,461
+19,275
| +3% | +$826K |
|
|
TSC
1823
DELISTED
TriState Capital Holdings, Inc.
TSC
| $32.1M | 0.01% |
1,231,587
+161,894
| +15% | +$4.1M |
|
|
GHL
1824
DELISTED
Greenhill & Co., Inc.
GHL
| $32.1M | 0.01% |
1,131,247
-35,867
| -3% | -$876K |
|
1825
Clearwater Paper
CLW
$339M
| $32.1M | 0.01% |
1,388,354
-6,987
| -0.5% | -$192K |
|
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.