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 | |
|---|---|---|---|---|---|---|
|
QTS
1876
DELISTED
QTS REALTY TRUST, INC.
QTS
| $29.7M | 0.01% |
752,253
+22,264
| +3% | +$822K |
|
1877
AES
AES
$10.5B
| $29.6M | 0.01% |
2,206,715
+53,659
| +2% | +$661K |
|
1878
Smith & Wesson
SWBI
$651M
| $29.4M | 0.01% |
3,180,318
+977,358
| +44% | +$8.79M |
|
1879
Sierra Bancorp
BSRR
$528M
| $29.4M | 0.01% |
1,040,181
+37,646
| +4% | +$1.06M |
|
1880
Lloyds Banking Group
LYG
$89.5B
| $29.3M | 0.01% |
8,810,510
-458,861
| -5% | -$1.63M |
|
|
PDLI
1881
DELISTED
PDL BioPharma, Inc.
PDLI
| $29.3M | 0.01% |
12,514,490
+996,690
| +9% | +$2.78M |
|
1882
iShares MSCI India ETF
INDA
$6.89B
| $29.3M | 0.01% |
878,878
-57,110
| -6% | -$1.94M |
|
1883
WisdomTree
WT
$2.96B
| $29.3M | 0.01% |
3,222,092
+84,136
| +3% | +$878K |
|
|
BRSS
1884
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $29.2M | 0.01% |
932,685
+28,975
| +3% | +$925K |
|
|
NSM
1885
DELISTED
Nationstar Mortgage Holdings
NSM
| $29.2M | 0.01% |
1,663,649
-62,536
| -4% | -$1.13M |
|
1886
International Seaways
INSW
$4.76B
| $29.2M | 0.01% |
1,259,965
+229,499
| +22% | +$4.65M |
|
1887
OGE Energy
OGE
$9.78B
| $29.1M | 0.01% |
826,795
+124,084
| +18% | +$4.17M |
|
1888
Pearson
PSO
$10.2B
| $29.1M | 0.01% |
2,508,048
-146,711
| -6% | -$1.69M |
|
|
VIVO
1889
DELISTED
Meridian Bioscience Inc
VIVO
| $29.1M | 0.01% |
1,828,334
+9,714
| +0.5% | +$145K |
|
1890
HEICO Corp
HEI
$49.8B
| $29.1M | 0.01% |
398,395
-13,630
| -3% | -$990K |
|
|
CTWS
1891
DELISTED
Connecticut Water Service Inc
CTWS
| $29M | 0.01% |
444,711
+678
| +0.2% | +$44.2K |
|
1892
Motorcar Parts of America
MPAA
$254M
| $29M | 0.01% |
1,551,951
+148,760
| +11% | +$3.1M |
|
1893
Unitil
UTL
$970M
| $29M | 0.01% |
567,709
+5,609
| +1% | +$270K |
|
1894
Sony
SONY
$137B
| $28.9M | 0.01% |
2,816,930
| – | – |
|
1895
ServiceNow
NOW
$115B
| $28.9M | 0.01% |
836,710
+7,210
| +0.9% | +$250K |
|
1896
Advanced Drainage Systems
WMS
$10.6B
| $28.8M | 0.01% |
1,009,560
+184,617
| +22% | +$4.94M |
|
1897
Astronics
ATRO
$3.43B
| $28.8M | 0.01% |
1,103,741
-5,842
| -0.5% | -$155K |
|
|
MGP
1898
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $28.8M | 0.01% |
944,166
+99,966
| +12% | +$2.88M |
|
1899
CoStar Group
CSGP
$11.7B
| $28.8M | 0.01% |
696,930
+36,560
| +6% | +$1.41M |
|
|
GNBC
1900
DELISTED
Green Bancorp, Inc
GNBC
| $28.7M | 0.01% |
1,330,500
+155,839
| +13% | +$3.57M |
|
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.