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 | |
|---|---|---|---|---|---|---|
2101
Sarepta Therapeutics
SRPT
$1.57B
| $20.2M | 0.01% |
152,700
+40,735
| +36% | +$3.84M |
|
2102
Nathan's Famous
NATH
$402M
| $20.2M | 0.01% |
214,381
+3,112
| +1% | +$258K |
|
|
OCLR
2103
DELISTED
Oclaro Inc.
OCLR
| $20.2M | 0.01% |
2,259,031
-4,021
| -0.2% | -$35.2K |
|
2104
Capital City Bank Group
CCBG
$888M
| $20.2M | 0.01% |
853,211
+36,799
| +5% | +$880K |
|
|
COWN
2105
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $20.1M | 0.01% |
1,449,466
-24,134
| -2% | -$363K |
|
2106
News Corp Class B
NWS
$16.9B
| $20.1M | 0.01% |
1,265,525
+5,586
| +0.4% | +$89.8K |
|
2107
Cameco
CCJ
$37.6B
| $19.9M | 0.01% |
1,767,997
-3,600
| -0.2% | -$39.2K |
|
2108
Talos Energy
TALO
$2.53B
| $19.9M | 0.01% |
+618,480
| New | +$20.2M |
|
2109
Clearway Energy Class C
CWEN
$4.94B
| $19.9M | 0.01% |
1,154,218
+8,946
| +0.8% | +$157K |
|
2110
Pilgrim's Pride
PPC
$6.51B
| $19.8M | 0.01% |
982,369
+18,800
| +2% | +$404K |
|
2111
Fortinet
FTNT
$119B
| $19.8M | 0.01% |
1,583,200
+49,440
| +3% | +$586K |
|
2112
Village Super Market
VLGEA
$651M
| $19.7M | 0.01% |
668,850
+35,893
| +6% | +$1.01M |
|
|
ACHN
2113
DELISTED
Achillion Pharmaceuticals
ACHN
| $19.5M | 0.01% |
6,892,184
+849,721
| +14% | +$2.89M |
|
2114
El Pollo Loco
LOCO
$501M
| $19.5M | 0.01% |
1,709,494
+321,168
| +23% | +$3.34M |
|
2115
Orion Group Holdings
ORN
$396M
| $19.4M | 0.01% |
2,350,504
+126,243
| +6% | +$926K |
|
2116
CEVA Inc
CEVA
$910M
| $19.3M | 0.01% |
638,973
+5,082
| +0.8% | +$172K |
|
2117
Red Rock Resorts
RRR
$3.77B
| $19.2M | 0.01% |
574,336
+56,036
| +11% | +$1.82M |
|
2118
Incyte
INCY
$24.2B
| $19.2M | 0.01% |
287,060
+2,420
| +0.9% | +$165K |
|
|
FRAN
2119
DELISTED
Francesca's Holdings Corporation
FRAN
| $19.2M | 0.01% |
212,236
+31,327
| +17% | +$2.15M |
|
2120
PDF Solutions
PDFS
$1.93B
| $19.2M | 0.01% |
1,603,995
+47,012
| +3% | +$561K |
|
|
FFKT
2121
DELISTED
Farmers Capital Bank Corp
FFKT
| $19.1M | 0.01% |
367,417
+4,724
| +1% | +$237K |
|
2122
Evertec
EVTC
$1.88B
| $19.1M | 0.01% |
875,773
+315,647
| +56% | +$6.42M |
|
2123
Global Net Lease
GNL
$1.84B
| $19.1M | 0.01% |
936,023
+87,629
| +10% | +$1.65M |
|
2124
Palo Alto Networks
PANW
$270B
| $19.1M | 0.01% |
558,222
+6,990
| +1% | +$233K |
|
2125
Tilly's
TLYS
$116M
| $19.1M | 0.01% |
1,259,970
+42,877
| +4% | +$545K |
|
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.