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 | |
|---|---|---|---|---|---|---|
|
RENX
2626
DELISTED
RELX N.V.
RENX
| $5.56M | ﹤0.01% |
260,688
| – | – |
|
|
HMTV
2627
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $5.51M | ﹤0.01% |
420,895
+80,489
| +24% | +$958K |
|
|
EDGW
2628
DELISTED
Edgewater Technology Inc
EDGW
| $5.48M | ﹤0.01% |
1,010,678
-6,667
| -0.7% | -$37K |
|
2629
Frequency Electronics
FEIM
$635M
| $5.47M | ﹤0.01% |
678,415
-8,858
| -1% | -$74.7K |
|
|
BHR
2630
Braemar Hotels & Resorts
BHR
$156M
| $5.46M | ﹤0.01% |
482,473
+1,010
| +0.2% | +$10.6K |
|
|
STZ.B
2631
DELISTED
CONSTELLATION BRANDS, INC. CLASS B
STZ.B
| $5.46M | ﹤0.01% |
24,729
| – | – |
|
2632
Travelzoo
TZOO
$74.3M
| $5.45M | ﹤0.01% |
318,704
+39,110
| +14% | +$524K |
|
|
ORAN
2633
DELISTED
Orange
ORAN
| $5.44M | ﹤0.01% |
326,151
| – | – |
|
2634
Marchex
MCHX
$76.2M
| $5.42M | ﹤0.01% |
1,769,937
+131,797
| +8% | +$368K |
|
|
OTIC
2635
DELISTED
Otonomy, Inc.
OTIC
| $5.41M | ﹤0.01% |
1,406,221
+282,202
| +25% | +$1.17M |
|
|
HDSN
2636
Hudson Technologies
HDSN
$254M
| $5.4M | ﹤0.01% |
2,688,285
+294,053
| +12% | +$953K |
|
|
EEX
2637
DELISTED
Emerald Holding
EEX
| $5.4M | ﹤0.01% |
262,094
+242,871
| +1,263% | +$4.9M |
|
|
ESTE
2638
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $5.4M | ﹤0.01% |
610,033
+254,152
| +71% | +$2.36M |
|
|
SRT
2639
DELISTED
Startek Inc.
SRT
| $5.39M | ﹤0.01% |
856,232
+17,482
| +2% | +$135K |
|
|
PMBC
2640
DELISTED
Pacific Mercantile Bancorp
PMBC
| $5.39M | ﹤0.01% |
552,445
+13,537
| +3% | +$132K |
|
2641
Cumberland Pharmaceuticals
CPIX
$100M
| $5.35M | ﹤0.01% |
872,674
-10,411
| -1% | -$65.1K |
|
2642
Beasley Broadcasting Group
BBGI
$37.8M
| $5.32M | ﹤0.01% |
23,762
+45
| +0.2% | +$10.1K |
|
|
PPIH
2643
Perma-Pipe International
PPIH
$196M
| $5.25M | ﹤0.01% |
561,658
-930
| -0.2% | -$8.7K |
|
2644
Karyopharm Therapeutics
KPTI
$43.5M
| $5.24M | ﹤0.01% |
20,557
-333
| -2% | -$82.4K |
|
|
JAX
2645
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $5.24M | ﹤0.01% |
469,808
+77,951
| +20% | +$928K |
|
2646
Asure Software
ASUR
$232M
| $5.22M | ﹤0.01% |
327,456
-14,290
| -4% | -$233K |
|
2647
Turning Point Brands
TPB
$1.45B
| $5.2M | ﹤0.01% |
163,140
+82,182
| +102% | +$2.05M |
|
|
CBD
2648
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $5.19M | ﹤0.01% |
260,025
+870
| +0.3% | +$18.2K |
|
|
AGFS
2649
DELISTED
AgroFresh Solutions Inc
AGFS
| $5.19M | ﹤0.01% |
740,153
+57,336
| +8% | +$413K |
|
|
KYNB
2650
Kyntra Bio
KYNB
$27.2M
| $5.18M | ﹤0.01% |
3,311
-769
| -19% | -$1M |
|
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.