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 | |
|---|---|---|---|---|---|---|
|
CTO
2226
CTO Realty Growth
CTO
$824M
| $15.6M | 0.01% |
933,150
+70,851
| +8% | +$1.17M |
|
|
TBHC
2227
DELISTED
The Brand House Collective
TBHC
| $15.5M | 0.01% |
1,331,660
-11,744
| -0.9% | -$131K |
|
|
MRTX
2228
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $15.5M | 0.01% |
314,306
-20,261
| -6% | -$765K |
|
2229
Ameresco
AMRC
$1.12B
| $15.5M | 0.01% |
1,289,714
+146,253
| +13% | +$1.74M |
|
2230
First Hawaiian
FHB
$3.38B
| $15.5M | 0.01% |
533,217
+269,935
| +103% | +$7.79M |
|
|
TERP
2231
DELISTED
TerraForm Power, Inc
TERP
| $15.5M | 0.01% |
1,322,224
+656,462
| +99% | +$7.33M |
|
2232
PennyMac Financial
PFSI
$3.92B
| $15.4M | 0.01% |
785,485
+47,991
| +7% | +$1M |
|
|
TPIC
2233
DELISTED
TPI Composites
TPIC
| $15.4M | 0.01% |
527,780
+137,081
| +35% | +$3.46M |
|
2234
Bank of Marin Bancorp
BMRC
$472M
| $15.4M | 0.01% |
381,648
+54,798
| +17% | +$2.1M |
|
2235
Heritage Insurance Holdings
HRTG
$889M
| $15.4M | 0.01% |
924,615
-16,766
| -2% | -$277K |
|
|
SFS
2236
DELISTED
Smart & Final Stores, Inc.
SFS
| $15.4M | 0.01% |
2,772,433
+307,158
| +12% | +$1.55M |
|
|
ANCX
2237
DELISTED
Access National Corp
ANCX
| $15.4M | 0.01% |
537,698
+96,179
| +22% | +$2.76M |
|
2238
CNB Financial Corp
CCNE
$1.04B
| $15.3M | 0.01% |
509,416
+38,942
| +8% | +$1.17M |
|
2239
WPP
WPP
$4.36B
| $15.3M | 0.01% |
194,545
-6,665
| -3% | -$553K |
|
|
AE
2240
DELISTED
Adams Resources & Energy Inc
AE
| $15.2M | 0.01% |
354,136
-504
| -0.1% | -$22.9K |
|
2241
DexCom
DXCM
$31.5B
| $15.2M | 0.01% |
638,148
+44,780
| +8% | +$949K |
|
2242
NACCO Industries
NC
$357M
| $15.1M | 0.01% |
448,589
+2,119
| +0.5% | +$76.7K |
|
2243
Equity Bancshares
EQBK
$1.04B
| $15.1M | 0.01% |
364,674
+112,794
| +45% | +$4.55M |
|
2244
Twin Disc
TWIN
$329M
| $15.1M | 0.01% |
607,251
-20,080
| -3% | -$509K |
|
2245
Lifetime Brands
LCUT
$191M
| $15.1M | 0.01% |
1,189,686
-12,608
| -1% | -$148K |
|
|
VWTR
2246
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $15M | 0.01% |
1,289,796
-25,895
| -2% | -$296K |
|
|
HALL
2247
DELISTED
Hallmark Financial Services, Inc.
HALL
| $15M | 0.01% |
150,484
-3,277
| -2% | -$324K |
|
|
CBL
2248
DELISTED
CBL& Associates Properties, Inc.
CBL
| $15M | 0.01% |
2,695,425
+45,877
| +2% | +$220K |
|
|
ONDK
2249
DELISTED
On Deck Capital, Inc.
ONDK
| $15M | 0.01% |
2,143,430
+401,144
| +23% | +$2.46M |
|
|
FLIC
2250
DELISTED
First of Long Island Corp
FLIC
| $14.9M | 0.01% |
601,227
+102,257
| +20% | +$2.66M |
|
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.