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 | |
|---|---|---|---|---|---|---|
2351
MACOM Technology Solutions
MTSI
$19.2B
| $11.8M | ﹤0.01% |
513,381
-222,027
| -30% | -$4.72M |
|
|
CMRX
2352
DELISTED
Chimerix, Inc.
CMRX
| $11.8M | ﹤0.01% |
2,481,614
+164,472
| +7% | +$786K |
|
|
SJR
2353
DELISTED
Shaw Communications Inc.
SJR
| $11.8M | ﹤0.01% |
579,435
+1,793
| +0.3% | +$36.6K |
|
|
AOI
2354
DELISTED
Alliance One International
AOI
| $11.8M | ﹤0.01% |
743,468
-14,679
| -2% | -$305K |
|
2355
Midland States Bancorp
MSBI
$699M
| $11.8M | ﹤0.01% |
343,521
+116,594
| +51% | +$3.82M |
|
|
SGEN
2356
DELISTED
Seagen Inc. Common Stock
SGEN
| $11.7M | ﹤0.01% |
176,746
+5,542
| +3% | +$317K |
|
|
DLA
2357
DELISTED
Delta Apparel Inc.
DLA
| $11.7M | ﹤0.01% |
602,941
-21,815
| -3% | -$408K |
|
|
CUK
2358
DELISTED
Carnival PLC
CUK
| $11.6M | ﹤0.01% |
201,562
-11,998
| -6% | -$772K |
|
|
VSI
2359
DELISTED
Vitamin Shoppe Inc.
VSI
| $11.6M | ﹤0.01% |
1,669,451
-5,986
| -0.4% | -$32.6K |
|
2360
Gencor Industries
GENC
$209M
| $11.6M | ﹤0.01% |
717,384
+39,782
| +6% | +$629K |
|
|
RAD
2361
DELISTED
Rite Aid Corporation
RAD
| $11.6M | ﹤0.01% |
334,551
| – | – |
|
2362
Hingham Institution for Saving
HIFS
$627M
| $11.5M | ﹤0.01% |
52,322
+1,848
| +4% | +$392K |
|
|
NRE
2363
DELISTED
NorthStar Realty Europe Corp.
NRE
| $11.5M | ﹤0.01% |
793,103
+16,455
| +2% | +$231K |
|
2364
Citizens
CIA
$239M
| $11.5M | ﹤0.01% |
1,472,839
| – | – |
|
|
OLBK
2365
DELISTED
Old Line Bancshares, Inc.
OLBK
| $11.5M | ﹤0.01% |
328,239
+88,103
| +37% | +$3.02M |
|
|
BITA
2366
DELISTED
Bitauto Holdings Limited
BITA
| $11.4M | ﹤0.01% |
477,569
-34,689
| -7% | -$788K |
|
2367
Independent Bank Corp
IBCP
$787M
| $11.3M | ﹤0.01% |
444,101
+26,609
| +6% | +$662K |
|
2368
Expro Ltd
XPRO
$1.79B
| $11.3M | ﹤0.01% |
241,674
+95,339
| +65% | +$4.05M |
|
|
MOFG
2369
DELISTED
MidWestOne Financial Group
MOFG
| $11.3M | ﹤0.01% |
334,154
+25,575
| +8% | +$850K |
|
2370
Simulations Plus
SLP
$369M
| $11.3M | ﹤0.01% |
506,064
+30,848
| +6% | +$583K |
|
|
GIFI
2371
DELISTED
Gulf Island Fabrication
GIFI
| $11.2M | ﹤0.01% |
1,247,543
-6,488
| -0.5% | -$62K |
|
|
LCI
2372
DELISTED
Lannett Company, Inc.
LCI
| $11.2M | ﹤0.01% |
205,567
-1,032
| -0.5% | -$65K |
|
|
MPX
2373
DELISTED
Marine Products Corp
MPX
| $11.2M | ﹤0.01% |
627,472
+9,353
| +2% | +$147K |
|
2374
LSI Industries
LYTS
$859M
| $11.1M | ﹤0.01% |
2,084,599
+92,494
| +5% | +$562K |
|
2375
Wheaton Precious Metals
WPM
$49.5B
| $11.1M | ﹤0.01% |
503,097
-123,605
| -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.