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 | |
|---|---|---|---|---|---|---|
1751
Factset
FDS
$9.36B
| $35.5M | 0.01% |
178,950
+2,954
| +2% | +$590K |
|
|
BKI
1752
DELISTED
Black Knight, Inc. Common Stock
BKI
| $35.4M | 0.01% |
661,757
+8,411
| +1% | +$423K |
|
|
ATHN
1753
DELISTED
Athenahealth, Inc.
ATHN
| $35.4M | 0.01% |
222,536
+790
| +0.4% | +$117K |
|
1754
Haverty Furniture Companies
HVT
$397M
| $35.4M | 0.01% |
1,637,677
-12,631
| -0.8% | -$252K |
|
1755
Allegion
ALLE
$13.4B
| $35.2M | 0.01% |
455,327
+27,490
| +6% | +$2.2M |
|
|
NVEE
1756
DELISTED
NV5 Global
NVEE
| $35.2M | 0.01% |
2,030,364
+95,332
| +5% | +$1.49M |
|
|
SRDX
1757
DELISTED
Surmodics
SRDX
| $35.1M | 0.01% |
636,556
-900
| -0.1% | -$41.6K |
|
1758
Central Garden & Pet Co
CENT
$2.69B
| $35M | 0.01% |
1,006,615
-110,520
| -10% | -$3.61M |
|
|
TAST
1759
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $35M | 0.01% |
2,357,716
+49,309
| +2% | +$596K |
|
1760
Brighthouse Financial
BHF
$3.56B
| $34.9M | 0.01% |
871,785
+60,068
| +7% | +$2.89M |
|
1761
Moelis & Co
MC
$4.97B
| $34.9M | 0.01% |
595,556
+42,356
| +8% | +$2.43M |
|
|
NVO
1762
Novo Nordisk
NVO
$208B
| $34.8M | 0.01% |
1,509,000
| – | – |
|
|
HTBK
1763
DELISTED
Heritage Commerce
HTBK
| $34.7M | 0.01% |
2,043,153
+170,632
| +9% | +$2.9M |
|
1764
NewMarket
NEU
$7.82B
| $34.7M | 0.01% |
85,794
+12,338
| +17% | +$4.83M |
|
1765
Preferred Bank
PFBC
$1.24B
| $34.6M | 0.01% |
563,318
+16,749
| +3% | +$1.08M |
|
|
PPL
1766
PPL Corp
PPL
$26.5B
| $34.6M | 0.01% |
1,212,539
+16,488
| +1% | +$457K |
|
1767
Tesla
TSLA
$1.23T
| $34.6M | 0.01% |
1,511,100
-16,320
| -1% | -$332K |
|
|
KBAL
1768
DELISTED
Kimball International
KBAL
| $34.5M | 0.01% |
2,134,788
+3,830
| +0.2% | +$63.5K |
|
1769
Lifecore Biomedical
LFCR
$166M
| $34.5M | 0.01% |
2,314,826
-14,314
| -0.6% | -$199K |
|
1770
Idacorp
IDA
$8.27B
| $34.5M | 0.01% |
373,915
-33,081
| -8% | -$2.97M |
|
1771
Clean Energy Fuels
CLNE
$427M
| $34.5M | 0.01% |
9,343,300
+619,882
| +7% | +$1.46M |
|
1772
CVR Energy
CVI
$3.58B
| $34.4M | 0.01% |
931,127
+85,789
| +10% | +$3.24M |
|
1773
Regional Management Corp
RM
$301M
| $34.4M | 0.01% |
982,621
+8,782
| +0.9% | +$307K |
|
|
UCFC
1774
DELISTED
United Community Financial Corp
UCFC
| $34.3M | 0.01% |
3,125,092
-28,135
| -0.9% | -$296K |
|
1775
Entergy
ETR
$50.2B
| $34.2M | 0.01% |
845,420
+9,132
| +1% | +$361K |
|
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.