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 | |
|---|---|---|---|---|---|---|
|
XNET
3101
Xunlei
XNET
$340M
| $592K | ﹤0.01% |
55,281
+603
| +1% | +$7.5K |
|
3102
Nordic American Tanker
NAT
$1.38B
| $588K | ﹤0.01% |
219,561
-9,122
| -4% | -$20.1K |
|
3103
Ultragenyx Pharmaceutical
RARE
$2.45B
| $587K | ﹤0.01% |
+7,635
| New | +$493K |
|
|
CZFC
3104
DELISTED
Citizens First Corporation
CZFC
| $585K | ﹤0.01% |
22,016
+500
| +2% | +$13K |
|
|
FSFG
3105
DELISTED
First Savings Financial Group
FSFG
| $578K | ﹤0.01% |
23,598
+4,803
| +26% | +$113K |
|
|
PCH
3106
DELISTED
PotlatchDeltic
PCH
| $578K | ﹤0.01% |
11,366
-337,980
| -97% | -$17.1M |
|
3107
FuelCell Energy
FCEL
$1.73B
| $572K | ﹤0.01% |
1,204
+16
| +1% | +$10.5K |
|
3108
Cytokinetics
CYTK
$10.5B
| $571K | ﹤0.01% |
68,755
-49,636
| -42% | -$413K |
|
|
ZOES
3109
DELISTED
Zoe's Kitchen, Inc.
ZOES
| $571K | ﹤0.01% |
58,498
| – | – |
|
|
BRFS
3110
DELISTED
BRF SA
BRFS
| $568K | ﹤0.01% |
121,343
-12,149
| -9% | -$76.2K |
|
|
XOMA
3111
DELISTED
Xoma
XOMA
| $568K | ﹤0.01% |
+27,185
| New | +$619K |
|
|
PTVCA
3112
DELISTED
Protective Insurance Corporation Class A Common Stock
PTVCA
| $556K | ﹤0.01% |
23,303
+1,044
| +5% | +$24.1K |
|
|
QUMU
3113
DELISTED
Qumu Corp.
QUMU
| $550K | ﹤0.01% |
250,208
-7,663
| -3% | -$15.9K |
|
|
AUY
3114
DELISTED
Yamana Gold, Inc.
AUY
| $547K | ﹤0.01% |
188,604
-1,399
| -0.7% | -$4.07K |
|
|
UCBA
3115
DELISTED
United Community Bancorp
UCBA
| $547K | ﹤0.01% |
20,109
| – | – |
|
3116
LGL Group
LGL
$45.2M
| $543K | ﹤0.01% |
278,736
-38,443
| -12% | -$77.8K |
|
|
PFIN
3117
DELISTED
P&F Industries
PFIN
| $538K | ﹤0.01% |
61,760
+1,848
| +3% | +$15.4K |
|
3118
NCS Multistage Holdings
NCSM
$123M
| $533K | ﹤0.01% |
+1,833
| New | +$585K |
|
|
XRN
3119
Chiron Real Estate Inc
XRN
$514M
| $532K | ﹤0.01% |
12,010
+423
| +4% | +$17.6K |
|
|
AFMD
3120
DELISTED
Affimed
AFMD
| $528K | ﹤0.01% |
31,987
| – | – |
|
3121
Descartes Systems
DSGX
$6.44B
| $523K | ﹤0.01% |
16,092
-1,964
| -11% | -$59.3K |
|
3122
Tidewater
TDW
$3.73B
| $523K | ﹤0.01% |
18,073
+4,729
| +35% | +$148K |
|
|
TSRI
3123
DELISTED
TSR Inc. New
TSRI
| $521K | ﹤0.01% |
76,580
-3,450
| -4% | -$18.8K |
|
|
CWAY
3124
DELISTED
Coastway Bancorp, Inc.
CWAY
| $512K | ﹤0.01% |
18,474
| – | – |
|
|
KTWO
3125
DELISTED
K2M Group Holdings, Inc
KTWO
| $508K | ﹤0.01% |
22,588
| – | – |
|
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.