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 | |
|---|---|---|---|---|---|---|
|
GBNK
1951
DELISTED
Guaranty Bancorp
GBNK
| $26.6M | 0.01% |
893,881
+31,025
| +4% | +$952K |
|
|
CARO
1952
DELISTED
Carolina Financial Corp.
CARO
| $26.6M | 0.01% |
619,509
+106,927
| +21% | +$4.44M |
|
|
BFIN
1953
DELISTED
BankFinancial
BFIN
| $26.5M | 0.01% |
1,502,123
-16,227
| -1% | -$284K |
|
1954
Lamb Weston
LW
$7.22B
| $26.5M | 0.01% |
386,944
+3,550
| +0.9% | +$232K |
|
1955
Caesars Entertainment
CZR
$6.06B
| $26.5M | 0.01% |
677,372
-49,911
| -7% | -$2.06M |
|
|
LTC
1956
LTC Properties
LTC
$2.06B
| $26.5M | 0.01% |
619,263
+5,036
| +0.8% | +$197K |
|
1957
SiteOne Landscape Supply
SITE
$4.12B
| $26.4M | 0.01% |
314,866
+33,923
| +12% | +$2.68M |
|
1958
The RMR Group
RMR
$325M
| $26.4M | 0.01% |
336,877
+65,397
| +24% | +$5.04M |
|
1959
Teva Pharmaceuticals
TEVA
$40.8B
| $26.4M | 0.01% |
1,085,229
-100,312
| -8% | -$2.05M |
|
1960
Innoviva
INVA
$1.55B
| $26.3M | 0.01% |
1,909,111
+185,825
| +11% | +$2.78M |
|
1961
Costamare
CMRE
$1.88B
| $26.3M | 0.01% |
3,299,750
+185,475
| +6% | +$1.35M |
|
|
DNB
1962
DELISTED
Dun & Bradstreet
DNB
| $26.3M | 0.01% |
214,294
+4,878
| +2% | +$594K |
|
1963
Acuity Brands
AYI
$9.83B
| $26.3M | 0.01% |
226,834
+779
| +0.3% | +$94.9K |
|
1964
American Coastal Insurance
ACIC
$515M
| $26.3M | 0.01% |
1,341,228
+165,789
| +14% | +$3.29M |
|
1965
RCI Hospitality Holdings
RICK
$192M
| $26.2M | 0.01% |
826,361
-11,062
| -1% | -$332K |
|
1966
MGIC Investment
MTG
$6.16B
| $26.1M | 0.01% |
2,437,198
-497,005
| -17% | -$5.41M |
|
|
LKSD
1967
DELISTED
LSC Communications, Inc.
LKSD
| $26.1M | 0.01% |
1,668,210
+389,876
| +30% | +$5.66M |
|
1968
Flexsteel Industries
FLXS
$302M
| $26.1M | 0.01% |
653,988
-5,981
| -0.9% | -$231K |
|
1969
Alliant Energy
LNT
$18.3B
| $26.1M | 0.01% |
616,033
+6,778
| +1% | +$279K |
|
1970
Titan Machinery
TITN
$396M
| $26.1M | 0.01% |
1,675,678
+238,583
| +17% | +$4.62M |
|
|
CTRL
1971
DELISTED
Control4 Corporation
CTRL
| $26M | 0.01% |
1,071,532
-10,064
| -0.9% | -$235K |
|
1972
Corcept Therapeutics
CORT
$12.4B
| $26M | 0.01% |
1,653,862
+77,213
| +5% | +$1.34M |
|
1973
Par Pacific Holdings
PARR
$4.31B
| $26M | 0.01% |
1,493,706
-4,843
| -0.3% | -$86.1K |
|
1974
Winmark
WINA
$1.2B
| $25.8M | 0.01% |
173,948
+742
| +0.4% | +$102K |
|
1975
Natural Gas Services Group
NGS
$472M
| $25.8M | 0.01% |
1,091,390
+3,095
| +0.3% | +$74.7K |
|
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.