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 | |
|---|---|---|---|---|---|---|
1926
Park Aerospace
PKE
$737M
| $27.5M | 0.01% |
1,184,418
-33,211
| -3% | -$645K |
|
1927
Harmonic Inc
HLIT
$1.25B
| $27.4M | 0.01% |
6,451,699
+158,449
| +3% | +$622K |
|
|
FARM
1928
DELISTED
Farmer Brothers
FARM
| $27.4M | 0.01% |
897,106
+26,183
| +3% | +$754K |
|
1929
Agilysys
AGYS
$2.97B
| $27.4M | 0.01% |
1,767,956
-87,396
| -5% | -$1.16M |
|
|
AVHI
1930
DELISTED
A V Homes, Inc.
AVHI
| $27.4M | 0.01% |
1,279,156
+83,579
| +7% | +$1.59M |
|
|
GLDD
1931
DELISTED
Great Lakes Dredge & Dock
GLDD
| $27.3M | 0.01% |
5,205,731
-15,459
| -0.3% | -$76.2K |
|
1932
FRP Holdings
FRPH
$428M
| $27.3M | 0.01% |
842,078
+35,314
| +4% | +$1.03M |
|
1933
PENN Entertainment
PENN
$2.75B
| $27.2M | 0.01% |
809,121
-10,681
| -1% | -$334K |
|
1934
Wayfair
W
$11.2B
| $27.1M | 0.01% |
228,560
+135,526
| +146% | +$11.8M |
|
|
VBTX
1935
DELISTED
Veritex Holdings
VBTX
| $27.1M | 0.01% |
873,514
+233,746
| +37% | +$7M |
|
1936
Trimble
TRMB
$13.2B
| $27.1M | 0.01% |
826,072
+17,891
| +2% | +$621K |
|
1937
Barrett Business Services
BBSI
$959M
| $27.1M | 0.01% |
1,123,516
+20,492
| +2% | +$443K |
|
|
BREW
1938
DELISTED
Craft Brew Alliance, Inc.
BREW
| $27M | 0.01% |
1,309,199
+21,704
| +2% | +$424K |
|
1939
Amphastar Pharmaceuticals
AMPH
$879M
| $27M | 0.01% |
1,769,533
+84,085
| +5% | +$1.47M |
|
1940
St. Joe Company
JOE
$3.54B
| $27M | 0.01% |
1,504,368
+145,473
| +11% | +$2.61M |
|
1941
NRC Health Common Stock
NRC
$432M
| $27M | 0.01% |
721,864
+90,467
| +14% | +$3.15M |
|
|
MEET
1942
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $27M | 0.01% |
6,018,805
+20,013
| +0.3% | +$63.2K |
|
1943
H&R Block
HRB
$5.58B
| $27M | 0.01% |
1,183,315
+10,824
| +0.9% | +$287K |
|
1944
Dr. Reddy's Laboratories
RDY
$9.87B
| $26.9M | 0.01% |
4,179,135
+712,460
| +21% | +$4.49M |
|
|
MCRN
1945
DELISTED
Milacron Holdings Corp.
MCRN
| $26.8M | 0.01% |
1,417,472
+186,521
| +15% | +$3.68M |
|
1946
Exelixis
EXEL
$13.3B
| $26.8M | 0.01% |
1,246,895
+208,722
| +20% | +$4.32M |
|
|
WAGE
1947
DELISTED
WageWorks, Inc.
WAGE
| $26.7M | 0.01% |
534,967
+116,249
| +28% | +$5.3M |
|
1948
Houlihan Lokey
HLI
$8.77B
| $26.6M | 0.01% |
520,286
+1,151
| +0.2% | +$55K |
|
1949
Hyatt Hotels
H
$16.4B
| $26.6M | 0.01% |
345,420
-5,030
| -1% | -$400K |
|
1950
First Financial Corp
THFF
$958M
| $26.6M | 0.01% |
587,573
-780
| -0.1% | -$34.1K |
|
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.