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 |
Broadcom
AVGO
|
+$134M |
| 2 |
FedEx
FDX
|
+$115M |
| 3 |
Prologis
PLD
|
+$105M |
| 4 |
Marriott Vacations Worldwide
VAC
|
+$91.5M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$88.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$427M |
| 2 |
Cisco
CSCO
|
+$288M |
| 3 |
Wells Fargo
WFC
|
+$187M |
| 4 |
GGP
GGP Inc.
GGP
|
+$172M |
| 5 |
ILG
ILG, Inc Common Stock
ILG
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.34% |
| 2 | Industrials | 13.69% |
| 3 | Technology | 13.4% |
| 4 | Consumer Discretionary | 10.8% |
| 5 | Healthcare | 10.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NEX
2001
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $24.4M | 0.01% |
1,970,214
+990,975
| +101% | +$12.8M |
|
2002
Varex Imaging
VREX
$781M
| $24.3M | 0.01% |
848,991
+203,410
| +32% | +$6.69M |
|
2003
Calix
CALX
$2.21B
| $24.3M | 0.01% |
3,000,832
+32,166
| +1% | +$246K |
|
|
BSMX
2004
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $24.3M | 0.01% |
3,131,455
+60,593
| +2% | +$475K |
|
|
FARM
2005
DELISTED
Farmer Brothers
FARM
| $24.3M | 0.01% |
919,372
+22,266
| +2% | +$638K |
|
2006
Travel + Leisure Co
TNL
$3.91B
| $24.2M | 0.01% |
558,959
+16,545
| +3% | +$734K |
|
2007
Western New England Bancorp
WNEB
$277M
| $24.2M | 0.01% |
2,244,023
+47,338
| +2% | +$513K |
|
2008
Grupo Aeroportuario del Sureste
ASR
$7.37B
| $24.2M | 0.01% |
118,093
-401
| -0.3% | -$73.7K |
|
|
WUBA
2009
DELISTED
58.com Inc
WUBA
| $24.2M | 0.01% |
328,725
+30,814
| +10% | +$2.13M |
|
2010
Sanofi
SNY
$103B
| $24.1M | 0.01% |
540,321
-12,026
| -2% | -$514K |
|
2011
Equinor
EQNR
$105B
| $24.1M | 0.01% |
855,380
| – | – |
|
2012
Lloyds Banking Group
LYG
$85.8B
| $24.1M | 0.01% |
7,931,846
-878,664
| -10% | -$2.82M |
|
|
AVP
2013
DELISTED
Avon Products, Inc.
AVP
| $24.1M | 0.01% |
10,935,647
+344,724
| +3% | +$635K |
|
2014
Donnelley Financial Solutions
DFIN
$1.18B
| $24.1M | 0.01% |
1,342,096
+73,306
| +6% | +$1.45M |
|
|
SIR
2015
DELISTED
SELECT INCOME REIT
SIR
| $24M | 0.01% |
2,493,757
+16,516
| +0.7% | +$155K |
|
2016
Arrow Financial
AROW
$706M
| $24M | 0.01% |
753,386
+12,622
| +2% | +$410K |
|
2017
Dorian LPG
LPG
$2.49B
| $24M | 0.01% |
3,012,986
+163,930
| +6% | +$1.28M |
|
2018
Four Corners Property Trust
FCPT
$2.49B
| $24M | 0.01% |
934,306
+34,296
| +4% | +$887K |
|
2019
Northrim BanCorp
NRIM
$567M
| $24M | 0.01% |
2,309,448
+19,668
| +0.9% | +$208K |
|
2020
Daktronics
DAKT
$839M
| $23.9M | 0.01% |
3,050,124
+83,773
| +3% | +$688K |
|
2021
Guidewire Software
GWRE
$11.9B
| $23.9M | 0.01% |
236,357
+7,715
| +3% | +$741K |
|
|
PTVCB
2022
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $23.9M | 0.01% |
1,039,742
+6,942
| +0.7% | +$163K |
|
|
BFIN
2023
DELISTED
BankFinancial
BFIN
| $23.8M | 0.01% |
1,493,537
-8,586
| -0.6% | -$142K |
|
2024
AXT Inc
AXTI
$4.44B
| $23.7M | 0.01% |
3,320,596
+39,600
| +1% | +$301K |
|
2025
Costamare
CMRE
$1.86B
| $23.7M | 0.01% |
3,648,911
+349,161
| +11% | +$2.49M |
|
Similar funds
Dimensional Fund Advisors's Q3 2018 Portfolio in Review
As of Q3 2018, Dimensional Fund Advisors held 3,484 positions worth $263B, up 4.7% from $251B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Dimensional Fund Advisors's Q3 2018 filing shows 116 new, 2,090 increased, 975 reduced and 60 closed positions. Its largest new stake was Brookfield Property REIT Inc. Class A Common Stock: 3,066,748 shares worth $64.2M. The largest sale was JPMorgan Chase, an estimated $427M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q3 2018 buy was Brookfield Property REIT Inc. Class A Common Stock: 3,066,748 shares worth $64.2M.
- Dimensional Fund Advisors added most to Broadcom in Q3 2018, an estimated $134M increase.
- Dimensional Fund Advisors's biggest Q3 2018 reduction was JPMorgan Chase, cutting an estimated $427M.
- Dimensional Fund Advisors fully exited GGP Inc. in Q3 2018, selling an estimated $172M.
- Dimensional Fund Advisors's ten largest holdings make up 9.6% of its $263B portfolio in Q3 2018.
- Dimensional Fund Advisors opened 116 new positions and closed 60 in Q3 2018.
- Dimensional Fund Advisors's portfolio value rose 4.7% quarter-over-quarter to $263B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2018, filed 13 Nov 2018.