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 | |
|---|---|---|---|---|---|---|
2076
QCR Holdings
QCRH
$1.69B
| $21.2M | 0.01% |
447,660
+80,850
| +22% | +$3.81M |
|
2077
PJT Partners
PJT
$4.3B
| $21.2M | 0.01% |
397,101
+54,529
| +16% | +$2.98M |
|
2078
Sterling Infrastructure
STRL
$18.3B
| $21.2M | 0.01% |
1,623,885
+25,694
| +2% | +$320K |
|
2079
Westwood Holdings Group
WHG
$182M
| $21.1M | 0.01% |
354,108
+20,804
| +6% | +$1.21M |
|
|
SRGA
2080
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $21M | 0.01% |
152,036
+4,454
| +3% | +$613K |
|
2081
Civeo
CVEO
$345M
| $21M | 0.01% |
400,798
+52,526
| +15% | +$2.38M |
|
2082
Hawkins
HWKN
$2.67B
| $20.9M | 0.01% |
1,182,534
+110,860
| +10% | +$1.87M |
|
|
AKRX
2083
DELISTED
Akorn Inc
AKRX
| $20.9M | 0.01% |
1,259,328
+97,377
| +8% | +$1.49M |
|
2084
BioMarin Pharmaceuticals
BMRN
$11.6B
| $20.9M | 0.01% |
221,784
-1,152
| -0.5% | -$101K |
|
|
AY
2085
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $20.9M | 0.01% |
1,033,900
+48,240
| +5% | +$959K |
|
|
DISH
2086
DELISTED
DISH Network Corp.
DISH
| $20.8M | 0.01% |
619,596
+29,668
| +5% | +$1.01M |
|
|
MNTA
2087
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $20.8M | 0.01% |
1,017,476
-2,391
| -0.2% | -$51.3K |
|
2088
Under Armour
UAA
$2.84B
| $20.8M | 0.01% |
923,441
-49,531
| -5% | -$978K |
|
2089
V2X
VVX
$2.83B
| $20.7M | 0.01% |
673,184
+108,807
| +19% | +$3.68M |
|
2090
Honda
HMC
$39.1B
| $20.7M | 0.01% |
707,519
| – | – |
|
|
BLUE
2091
DELISTED
bluebird bio
BLUE
| $20.6M | 0.01% |
10,153
-1,035
| -9% | -$2.36M |
|
|
WUBA
2092
DELISTED
58.com Inc
WUBA
| $20.6M | 0.01% |
297,911
+6,962
| +2% | +$568K |
|
|
EPAY
2093
DELISTED
Bottomline Technologies Inc
EPAY
| $20.6M | 0.01% |
413,089
-76,203
| -16% | -$3.4M |
|
|
BSMX
2094
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $20.5M | 0.01% |
3,070,862
+205,942
| +7% | +$1.43M |
|
|
LFC
2095
DELISTED
China Life Insurance Company Ltd.
LFC
| $20.5M | 0.01% |
1,601,325
-600
| -0% | -$8.35K |
|
2096
National Grid
NGG
$80.4B
| $20.4M | 0.01% |
412,376
+10,426
| +3% | +$527K |
|
2097
Bath & Body Works
BBWI
$4.06B
| $20.3M | 0.01% |
682,157
+221
| +0% | +$6.38K |
|
2098
National CineMedia
NCMI
$376M
| $20.3M | 0.01% |
242,019
+15,052
| +7% | +$1.02M |
|
2099
Guidewire Software
GWRE
$12.6B
| $20.3M | 0.01% |
228,642
-1,892
| -0.8% | -$167K |
|
|
CAVM
2100
DELISTED
Cavium, Inc.
CAVM
| $20.2M | 0.01% |
233,867
+615
| +0.3% | +$49.3K |
|
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.