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 | |
|---|---|---|---|---|---|---|
|
BOJA
2051
DELISTED
Bojangles', Inc. Common Stock
BOJA
| $22.4M | 0.01% |
1,553,854
+261,204
| +20% | +$3.86M |
|
|
ASRT
2052
DELISTED
Assertio
ASRT
| $22.3M | 0.01% |
55,716
+596
| +1% | +$242K |
|
|
CSW
2053
CSW Industrials
CSW
$5.2B
| $22.2M | 0.01% |
419,695
+75,264
| +22% | +$3.57M |
|
2054
Four Corners Property Trust
FCPT
$2.81B
| $22.2M | 0.01% |
900,010
+27,059
| +3% | +$620K |
|
2055
Sanofi
SNY
$103B
| $22.1M | 0.01% |
552,347
-15,587
| -3% | -$614K |
|
2056
Barnes & Noble Education
BNED
$431M
| $22.1M | 0.01% |
39,135
-554
| -1% | -$370K |
|
|
CCRN
2057
DELISTED
Cross Country Healthcare
CCRN
| $22.1M | 0.01% |
1,960,349
+216,714
| +12% | +$2.58M |
|
|
CLD
2058
DELISTED
Cloud Peak Energy Inc
CLD
| $22M | 0.01% |
6,316,419
-38,200
| -0.6% | -$127K |
|
2059
Donnelley Financial Solutions
DFIN
$1.16B
| $22M | 0.01% |
1,268,790
+108,967
| +9% | +$1.88M |
|
|
FSB
2060
DELISTED
Franklin Financial Network, Inc.
FSB
| $21.9M | 0.01% |
581,247
+127,937
| +28% | +$4.52M |
|
2061
United States Lime & Minerals
USLM
$3.16B
| $21.8M | 0.01% |
1,302,100
+37,210
| +3% | +$583K |
|
|
AAT
2062
American Assets Trust
AAT
$1.45B
| $21.8M | 0.01% |
569,301
+6,916
| +1% | +$245K |
|
2063
Dorian LPG
LPG
$2.03B
| $21.8M | 0.01% |
2,849,056
+272,934
| +11% | +$2.11M |
|
2064
Grupo Aeroportuario del Pacifico
PAC
$12.9B
| $21.8M | 0.01% |
234,031
-45,765
| -16% | -$4.34M |
|
|
AMAG
2065
DELISTED
AMAG Pharmaceuticals
AMAG
| $21.8M | 0.01% |
1,115,731
-26,564
| -2% | -$588K |
|
|
DFRG
2066
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $21.7M | 0.01% |
1,724,019
-59,715
| -3% | -$867K |
|
|
HSKA
2067
DELISTED
Heska Corp
HSKA
| $21.7M | 0.01% |
209,157
+18,113
| +9% | +$1.7M |
|
2068
JELD-WEN Holding
JELD
$122M
| $21.7M | 0.01% |
757,330
+264,670
| +54% | +$7.67M |
|
|
BHBK
2069
DELISTED
Blue Hills Bancorp, Inc.
BHBK
| $21.6M | 0.01% |
974,757
+83,077
| +9% | +$1.74M |
|
2070
Dime Commercial Bancshares
DCOM
$1.8B
| $21.6M | 0.01% |
600,096
+92,498
| +18% | +$3.27M |
|
|
DHIL
2071
DELISTED
Diamond Hill
DHIL
| $21.5M | 0.01% |
110,660
+13,576
| +14% | +$2.69M |
|
|
BAS
2072
DELISTED
Basis Energy Services, Inc.
BAS
| $21.5M | 0.01% |
1,935,658
+452,039
| +30% | +$6.37M |
|
2073
NLI Holdings
NL
$281M
| $21.4M | 0.01% |
2,463,067
+30,936
| +1% | +$266K |
|
2074
ProPetro Holding
PUMP
$1.36B
| $21.4M | 0.01% |
+1,363,919
| New | +$23.5M |
|
2075
Allient
ALNT
$1.49B
| $21.4M | 0.01% |
669,833
+24,377
| +4% | +$728K |
|
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.