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 | |
|---|---|---|---|---|---|---|
2101
Capital City Bank Group
CCBG
$859M
| $20.5M | 0.01% |
877,610
+24,399
| +3% | +$596K |
|
|
I
2102
DELISTED
INTELSAT S. A.
I
| $20.4M | 0.01% |
681,629
+119,855
| +21% | +$2.62M |
|
2103
CEVA Inc
CEVA
$840M
| $20.4M | 0.01% |
710,928
+71,955
| +11% | +$2.17M |
|
2104
Expro Ltd
XPRO
$1.84B
| $20.4M | 0.01% |
390,973
+149,299
| +62% | +$7.55M |
|
2105
CareTrust REIT
CTRE
$9.02B
| $20.4M | 0.01% |
1,149,371
+24,700
| +2% | +$435K |
|
|
PCMI
2106
DELISTED
PCM, Inc
PCMI
| $20.3M | 0.01% |
1,036,635
-4,257
| -0.4% | -$87.1K |
|
2107
First Hawaiian
FHB
$3.14B
| $20.3M | 0.01% |
746,110
+212,893
| +40% | +$6.09M |
|
|
OCLR
2108
DELISTED
Oclaro Inc.
OCLR
| $20.2M | 0.01% |
2,259,031
| – | – |
|
|
DLPH
2109
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $20.1M | 0.01% |
639,595
+111,016
| +21% | +$4.4M |
|
2110
Distribution Solutions Group
DSGR
$1.61B
| $20M | 0.01% |
1,181,838
+13,056
| +1% | +$193K |
|
|
FFWM
2111
DELISTED
First Foundation Inc
FFWM
| $20M | 0.01% |
1,280,744
+279,379
| +28% | +$4.71M |
|
|
HCCI
2112
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $20M | 0.01% |
936,621
+81,472
| +10% | +$1.78M |
|
|
VRN
2113
DELISTED
Veren
VRN
| $20M | 0.01% |
3,148,651
-60,991
| -2% | -$402K |
|
2114
VSE Corp
VSEC
$4.91B
| $20M | 0.01% |
602,361
+26,567
| +5% | +$1.09M |
|
2115
Incyte
INCY
$25.9B
| $19.9M | 0.01% |
287,924
+864
| +0.3% | +$59.3K |
|
2116
Cameco
CCJ
$40.4B
| $19.8M | 0.01% |
1,739,661
-28,336
| -2% | -$298K |
|
2117
News Corp Class B
NWS
$17.9B
| $19.8M | 0.01% |
1,458,330
+192,805
| +15% | +$2.77M |
|
2118
Pilgrim's Pride
PPC
$7.04B
| $19.8M | 0.01% |
1,091,861
+109,492
| +11% | +$2.02M |
|
|
KEYW
2119
DELISTED
The KEYW Holding Corporation
KEYW
| $19.7M | 0.01% |
2,279,614
+336,459
| +17% | +$2.88M |
|
2120
Minerva Neurosciences
NERV
$165M
| $19.7M | 0.01% |
196,577
+147,697
| +302% | +$11.1M |
|
|
ONDK
2121
DELISTED
On Deck Capital, Inc.
ONDK
| $19.7M | 0.01% |
2,603,987
+460,557
| +21% | +$3.58M |
|
2122
Zillow
Z
$6.77B
| $19.7M | 0.01% |
445,404
+9,626
| +2% | +$502K |
|
2123
National Grid
NGG
$78B
| $19.7M | 0.01% |
429,435
+17,059
| +4% | +$812K |
|
2124
Pitney Bowes
PBI
$2.37B
| $19.7M | 0.01% |
2,781,707
-15,552
| -0.6% | -$126K |
|
2125
Global Net Lease
GNL
$2.06B
| $19.7M | 0.01% |
944,310
+8,287
| +0.9% | +$175K |
|
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.