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 |
American Tower
AMT
|
+$251M |
| 2 |
Pfizer
PFE
|
+$181M |
| 3 |
DuPont de Nemours
DD
|
+$167M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$167M |
| 5 |
Amazon
AMZN
|
+$160M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LNCE
Snyders-Lance, Inc.
LNCE
|
+$179M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$175M |
| 3 |
EFOR
Everforth Inc
EFOR
|
+$161M |
| 4 |
CPN
Calpine Corporation
CPN
|
+$151M |
| 5 |
TIME
Time Inc.
TIME
|
+$126M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.63% |
| 2 | Industrials | 13.66% |
| 3 | Technology | 13.58% |
| 4 | Consumer Discretionary | 10.95% |
| 5 | Healthcare | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LFC
2001
DELISTED
China Life Insurance Company Ltd.
LFC
| $22.4M | 0.01% |
1,601,925
-63,778
| -4% | -$979K |
|
2002
National Fuel Gas
NFG
$7.59B
| $22.4M | 0.01% |
435,514
+6,444
| +2% | +$337K |
|
|
MGP
2003
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $22.4M | 0.01% |
844,200
+203,390
| +32% | +$5.54M |
|
|
DISH
2004
DELISTED
DISH Network Corp.
DISH
| $22.4M | 0.01% |
589,928
+411
| +0.1% | +$18.1K |
|
2005
RadNet
RDNT
$6.12B
| $22.3M | 0.01% |
1,550,709
+4,117
| +0.3% | +$44.8K |
|
2006
Lamb Weston
LW
$6.39B
| $22.3M | 0.01% |
383,394
-5,014
| -1% | -$284K |
|
|
LKSD
2007
DELISTED
LSC Communications, Inc.
LKSD
| $22.3M | 0.01% |
1,278,334
+284,267
| +29% | +$4.23M |
|
|
AVHI
2008
DELISTED
A V Homes, Inc.
AVHI
| $22.2M | 0.01% |
1,195,577
+93,182
| +8% | +$1.64M |
|
2009
Agilysys
AGYS
$2.88B
| $22.1M | 0.01% |
1,855,352
-60,006
| -3% | -$716K |
|
2010
Nektar Therapeutics
NKTR
$2.33B
| $22.1M | 0.01% |
13,868
+4,637
| +50% | +$5.97M |
|
|
DSPG
2011
DELISTED
DSP Group Inc
DSPG
| $22.1M | 0.01% |
1,870,778
+18,892
| +1% | +$237K |
|
2012
Advanced Micro Devices
AMD
$890B
| $22.1M | 0.01% |
2,195,332
+38,549
| +2% | +$457K |
|
2013
Middlesex Water
MSEX
$1.06B
| $22.1M | 0.01% |
600,855
+1,221
| +0.2% | +$45.2K |
|
|
VRN
2014
DELISTED
Veren
VRN
| $22M | 0.01% |
3,236,919
+71,815
| +2% | +$545K |
|
2015
Varex Imaging
VREX
$781M
| $22M | 0.01% |
613,857
+79,189
| +15% | +$3.02M |
|
2016
Tyler Technologies
TYL
$14B
| $21.9M | 0.01% |
104,008
-3,164
| -3% | -$633K |
|
2017
SiriusXM
SIRI
$9.35B
| $21.9M | 0.01% |
351,499
-8,176
| -2% | -$491K |
|
|
ASRT
2018
DELISTED
Assertio
ASRT
| $21.8M | 0.01% |
55,120
+7,738
| +16% | +$3.39M |
|
|
LGF.B
2019
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $21.8M | 0.01% |
904,279
+63,252
| +8% | +$1.82M |
|
|
AKRX
2020
DELISTED
Akorn Inc
AKRX
| $21.7M | 0.01% |
1,161,951
-11,903
| -1% | -$323K |
|
|
JCP
2021
DELISTED
J.C. Penney Company, Inc.
JCP
| $21.7M | 0.01% |
7,195,603
-26,196
| -0.4% | -$94.5K |
|
2022
SiteOne Landscape Supply
SITE
$3.89B
| $21.6M | 0.01% |
280,943
+81,940
| +41% | +$6.04M |
|
|
OCLR
2023
DELISTED
Oclaro Inc.
OCLR
| $21.6M | 0.01% |
2,263,052
-39,814
| -2% | -$299K |
|
|
GHL
2024
DELISTED
Greenhill & Co., Inc.
GHL
| $21.6M | 0.01% |
1,167,114
-4,025
| -0.3% | -$77.8K |
|
2025
PENN Entertainment
PENN
$2.34B
| $21.5M | 0.01% |
819,802
+1,090
| +0.1% | +$31.5K |
|
Similar funds
Dimensional Fund Advisors's Q1 2018 Portfolio in Review
As of Q1 2018, Dimensional Fund Advisors held 3,413 positions worth $240B, down 0.53% from $241B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Trading was light in Q1 2018: portfolio turnover was 4.6%. Dimensional Fund Advisors opened 89 new positions and exited 69, leaving the 3,413-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 20% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q1 2018 buy was GCI Liberty, Inc. Class A Common Stock (DE): 2,183,455 shares worth $115M.
- Dimensional Fund Advisors added most to American Tower in Q1 2018, an estimated $251M increase.
- Dimensional Fund Advisors's biggest Q1 2018 reduction was Everforth Inc, cutting an estimated $161M.
- Dimensional Fund Advisors fully exited Snyders-Lance, Inc. in Q1 2018, selling an estimated $179M.
- Dimensional Fund Advisors's ten largest holdings make up 9.4% of its $240B portfolio in Q1 2018.
- Dimensional Fund Advisors opened 89 new positions and closed 69 in Q1 2018.
- Dimensional Fund Advisors's portfolio value fell 0.53% quarter-over-quarter to $240B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2018, filed 11 May 2018.