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 | |
|---|---|---|---|---|---|---|
|
SIFI
2601
DELISTED
SI Financial Group, Inc. NEW MD
SIFI
| $6.04M | ﹤0.01% |
409,433
+40,133
| +11% | +$588K |
|
2602
Penumbra
PEN
$12.7B
| $5.99M | ﹤0.01% |
+43,349
| New | +$6.17M |
|
2603
Escalade
ESCA
$273M
| $5.98M | ﹤0.01% |
424,204
+17,798
| +4% | +$248K |
|
2604
Aegon
AEG
$14B
| $5.98M | ﹤0.01% |
1,211,332
+286,005
| +31% | +$1.58M |
|
2605
Ericsson
ERIC
$32.2B
| $5.98M | ﹤0.01% |
779,356
-101,591
| -12% | -$743K |
|
|
IVAC
2606
DELISTED
Intevac Inc
IVAC
| $5.97M | ﹤0.01% |
1,231,623
+242,655
| +25% | +$1.29M |
|
2607
Northeast Bank
NBN
$1.06B
| $5.97M | ﹤0.01% |
273,905
+43,836
| +19% | +$938K |
|
2608
MacroGenics
MGNX
$235M
| $5.97M | ﹤0.01% |
288,984
-500
| -0.2% | -$11.3K |
|
|
CAJ
2609
DELISTED
Canon, Inc.
CAJ
| $5.96M | ﹤0.01% |
182,448
| – | – |
|
|
LUB
2610
DELISTED
Luby's Inc.
LUB
| $5.94M | ﹤0.01% |
2,293,975
-806
| -0% | -$2.14K |
|
2611
Natural Alternatives International
NAII
$14.4M
| $5.94M | ﹤0.01% |
585,193
+3,007
| +0.5% | +$31.7K |
|
2612
Kopin
KOPN
$652M
| $5.91M | ﹤0.01% |
2,065,226
| – | – |
|
2613
Sportsman's Warehouse
SPWH
$44.5M
| $5.9M | ﹤0.01% |
1,151,814
| – | – |
|
|
OLP
2614
One Liberty Properties
OLP
$530M
| $5.88M | ﹤0.01% |
222,602
+4,706
| +2% | +$117K |
|
2615
Limbach Holdings
LMB
$855M
| $5.86M | ﹤0.01% |
495,935
+37,031
| +8% | +$451K |
|
|
AMRB
2616
DELISTED
American River Bankshares
AMRB
| $5.82M | ﹤0.01% |
367,333
-1,906
| -0.5% | -$29.9K |
|
2617
Okta
OKTA
$24.7B
| $5.81M | ﹤0.01% |
+115,338
| New | +$5.49M |
|
|
CWBC
2618
Community West Bancshares
CWBC
$679M
| $5.8M | ﹤0.01% |
274,190
+26,541
| +11% | +$557K |
|
|
LOXO
2619
DELISTED
Loxo Oncology, Inc
LOXO
| $5.8M | ﹤0.01% |
+33,426
| New | +$5.02M |
|
2620
First United
FUNC
$285M
| $5.78M | ﹤0.01% |
282,644
+6,133
| +2% | +$126K |
|
2621
Option Care Health
OPCH
$3.45B
| $5.75M | ﹤0.01% |
490,627
+149,462
| +44% | +$1.57M |
|
|
DERM
2622
DELISTED
Dermira, Inc.
DERM
| $5.72M | ﹤0.01% |
621,928
+301,690
| +94% | +$2.81M |
|
2623
Northern Technologies International Corp
NTIC
$76.2M
| $5.72M | ﹤0.01% |
319,530
+17,964
| +6% | +$271K |
|
2624
CPI Aerostructures
CVU
$66.2M
| $5.62M | ﹤0.01% |
535,386
+26,630
| +5% | +$274K |
|
|
WSO.B
2625
Watsco Inc Class B
WSO.B
$13.3B
| $5.59M | ﹤0.01% |
31,147
-827
| -3% | -$150K |
|
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.