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 | |
|---|---|---|---|---|---|---|
2026
Bristow Group
VTOL
$1.34B
| $23.4M | 0.01% |
902,936
+3,232
| +0.4% | +$76K |
|
|
OMN
2027
DELISTED
OMNOVA Solutions Inc.
OMN
| $23.4M | 0.01% |
2,246,167
+9,996
| +0.4% | +$107K |
|
2028
MaxLinear
MXL
$6.06B
| $23.3M | 0.01% |
1,496,425
+126,812
| +9% | +$2.56M |
|
|
GOV
2029
DELISTED
Government Properties Income Trust
GOV
| $23.3M | 0.01% |
1,471,948
+27,116
| +2% | +$370K |
|
2030
Hamilton Beach Brands
HBB
$311M
| $23.3M | 0.01% |
801,880
-51,331
| -6% | -$1.33M |
|
2031
Tyler Technologies
TYL
$12.7B
| $23.3M | 0.01% |
104,715
+707
| +0.7% | +$159K |
|
|
HOME
2032
DELISTED
At Home Group Inc.
HOME
| $23.2M | 0.01% |
592,328
+52,834
| +10% | +$1.9M |
|
2033
Calix
CALX
$2.26B
| $23.2M | 0.01% |
2,968,666
-24,826
| -0.8% | -$175K |
|
|
DSPG
2034
DELISTED
DSP Group Inc
DSPG
| $23.1M | 0.01% |
1,859,283
-11,495
| -0.6% | -$141K |
|
2035
Phibro Animal Health
PAHC
$1.47B
| $23.1M | 0.01% |
502,525
+19,807
| +4% | +$877K |
|
2036
AXT Inc
AXTI
$3.95B
| $23.1M | 0.01% |
3,280,996
+7,741
| +0.2% | +$54K |
|
|
CUTR
2037
DELISTED
Cutera, Inc.
CUTR
| $22.9M | 0.01% |
568,922
+509
| +0.1% | +$23.4K |
|
|
WRD
2038
DELISTED
WildHorse Resource Development
WRD
| $22.9M | 0.01% |
902,319
+851,709
| +1,683% | +$21.2M |
|
|
NSA
2039
DELISTED
National Storage Affiliates Trust
NSA
| $22.8M | 0.01% |
740,723
+24,761
| +3% | +$678K |
|
2040
Kite Realty
KRG
$5.81B
| $22.8M | 0.01% |
1,336,517
+6,493
| +0.5% | +$101K |
|
2041
Timberland Bancorp
TSBK
$348M
| $22.8M | 0.01% |
611,001
+4,426
| +0.7% | +$147K |
|
2042
Omega Flex
OFLX
$297M
| $22.8M | 0.01% |
287,798
+11,548
| +4% | +$803K |
|
2043
Northrim BanCorp
NRIM
$590M
| $22.6M | 0.01% |
2,289,780
-20,940
| -0.9% | -$197K |
|
2044
Superior Group of Companies
SGC
$185M
| $22.6M | 0.01% |
1,091,705
-7,469
| -0.7% | -$181K |
|
2045
GoDaddy
GDDY
$11B
| $22.6M | 0.01% |
320,033
+14,774
| +5% | +$1M |
|
2046
Equinor
EQNR
$97.7B
| $22.6M | 0.01% |
855,380
| – | – |
|
2047
Community Health Systems
CYH
$393M
| $22.6M | 0.01% |
6,802,297
-1,635,493
| -19% | -$6.91M |
|
2048
Arrow Financial
AROW
$659M
| $22.6M | 0.01% |
740,764
+31,830
| +4% | +$966K |
|
2049
Entravision Communication
EVC
$1.03B
| $22.4M | 0.01% |
4,477,878
+417,779
| +10% | +$1.92M |
|
|
INN
2050
Summit Hotel Properties
INN
$746M
| $22.4M | 0.01% |
1,564,408
+35,618
| +2% | +$517K |
|
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.