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 | |
|---|---|---|---|---|---|---|
|
TTSH
2201
DELISTED
Tile Shop Holdings
TTSH
| $16.2M | 0.01% |
2,102,770
+499,380
| +31% | +$3.46M |
|
|
USAK
2202
DELISTED
USA Truck Inc
USAK
| $16.2M | 0.01% |
689,905
-6,974
| -1% | -$172K |
|
2203
PAR Technology
PAR
$699M
| $16.2M | 0.01% |
914,861
-6,365
| -0.7% | -$91.8K |
|
2204
Applied Optoelectronics
AAOI
$7.57B
| $16.1M | 0.01% |
359,689
+54,595
| +18% | +$1.94M |
|
|
NPTN
2205
DELISTED
NEOPHOTONICS CORP
NPTN
| $16.1M | 0.01% |
2,592,191
-95,405
| -4% | -$607K |
|
2206
Korea Electric Power
KEP
$15.3B
| $16.1M | 0.01% |
1,125,750
-3,890
| -0.3% | -$62.7K |
|
2207
Saga Communications
SGA
$57M
| $16.1M | 0.01% |
418,666
-3,373
| -0.8% | -$130K |
|
|
TBNK
2208
DELISTED
Territorial Bancorp Inc.
TBNK
| $16.1M | 0.01% |
519,596
+39,332
| +8% | +$1.2M |
|
|
REVG
2209
DELISTED
REV Group
REVG
| $16.1M | 0.01% |
944,737
+510,512
| +118% | +$9.05M |
|
2210
AB InBev
BUD
$170B
| $16M | 0.01% |
159,114
+9,414
| +6% | +$934K |
|
2211
Bar Harbor Bankshares
BHB
$665M
| $16M | 0.01% |
528,779
+36,557
| +7% | +$1.09M |
|
|
DS
2212
DELISTED
Drive Shack Inc.
DS
| $16M | 0.01% |
2,073,402
+77,374
| +4% | +$467K |
|
|
LGTY
2213
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $16M | 0.01% |
1,095,162
+40,743
| +4% | +$549K |
|
2214
Alnylam Pharmaceuticals
ALNY
$27.5B
| $15.9M | 0.01% |
161,942
-5,130
| -3% | -$509K |
|
2215
Acushnet Holdings
GOLF
$5.93B
| $15.9M | 0.01% |
652,011
+320,809
| +97% | +$7.71M |
|
2216
Sonida Senior Living
SNDA
$1.91B
| $15.9M | 0.01% |
99,645
+18
| +0% | +$2.97K |
|
2217
Sibanye-Stillwater
SBSW
$6.26B
| $15.9M | 0.01% |
6,567,499
-12
| -0% | -$37 |
|
|
CNCE
2218
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $15.9M | 0.01% |
943,442
+205,796
| +28% | +$4M |
|
|
GCAP
2219
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $15.9M | 0.01% |
2,102,988
-17,744
| -0.8% | -$141K |
|
2220
FB Financial Corp
FBK
$3.02B
| $15.9M | 0.01% |
389,775
+126,409
| +48% | +$5.22M |
|
|
HT
2221
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $15.8M | 0.01% |
738,836
+1,025
| +0.1% | +$20.4K |
|
|
PCMI
2222
DELISTED
PCM, Inc
PCMI
| $15.8M | 0.01% |
1,040,892
-13,024
| -1% | -$161K |
|
|
NETI
2223
DELISTED
Eneti Inc.
NETI
| $15.7M | 0.01% |
237,841
+59,258
| +33% | +$4.08M |
|
2224
NWPX Infrastructure Inc
NWPX
$1.19B
| $15.7M | 0.01% |
809,437
+1,158
| +0.1% | +$23.6K |
|
|
GSH
2225
DELISTED
Guangshen Railway Co. Ltd
GSH
| $15.6M | 0.01% |
555,733
-8,618
| -2% | -$247K |
|
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.