13F filer · CIK 354204 ↗
Dimensional Fund Advisors LP
You are looking at Q1 2018. See the latest, Q2 2026 →
Reported value
$239.94B
−0.5% on the quarter before
Positions
3,344
103 new · 82 sold out
Top 10
9.4%
of the value
Est. gain
−$5.05B
on stocks held all quarter
Est. return
−2.1%
on those stocks since Q4 2017
Positions as of Mar 31, 2018, from Dimensional Fund Advisors LP's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 15% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2017. Striped tiles are options.
Largest buys
Since Q4 2017, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- American Tower~$259.0MAdded · 0.2% → 0.3%+1,782,280 shares
- Booking Hldgs Inc~$226.1MNew · 0.0% → 0.1%+108,665 shares
- Pfizer Inc~$177.4MAdded · 0.6% → 0.7%+4,998,981 shares
- Berkshire Hathaway Inc Del~$162.5MAdded · 0.3% → 0.4%+814,820 shares
- Amazon~$161.5MAdded · 0.5% → 0.7%+111,563 shares
- Dowdupont Inc~$149.4MAdded · 0.2% → 0.2%+2,344,766 shares
- Crown Castle Intl Corp New~$142.6MAdded · 0.1% → 0.2%+1,300,700 shares
- Microsoft~$134.5MAdded · 0.7% → 0.8%+1,473,682 shares
- Gci Liberty Inc~$115.4MNew · 0.0% → 0.0%+2,183,455 shares
- Lennar Corp~$98.8MAdded · 0.1% → 0.1%+1,676,514 shares
Largest sells
Since Q4 2017, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Priceline Grp Inc~$180.3MSold out · 0.1% → 0.0%−103,763 shares
- Snyders-Lance Inc~$178.9MSold out · 0.1% → 0.0%−3,572,411 shares
- On Assignment Inc~$175.5MCut · 0.1% → 0.0%−2,144,174 shares
- Calatlantic Group Inc~$175.4MSold out · 0.1% → 0.0%−3,109,828 shares
- Calpine Corp~$151.3MSold out · 0.1% → 0.0%−10,002,680 shares
- Time Inc New~$125.7MSold out · 0.1% → 0.0%−6,815,552 shares
- Lam Research~$96.0MCut · 0.1% → 0.1%−472,525 shares
- Cisco~$86.2MCut · 0.7% → 0.7%−2,010,738 shares
- General Communication Inc~$80.8MSold out · 0.0% → 0.0%−2,070,302 shares
- Calgon Carbon Corp~$71.7MSold out · 0.0% → 0.0%−3,367,237 shares
Holdings
As of Mar 31, 2018. Changes are in shares against Dec 31, 2017, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jpmorgan Chase & CoCOM · shares −0.9% · price +2.8% | 1.3% | $3.05B | +$83.8M | ||||||||
| AppleCOM · shares +0.3% · price −0.9% | 1.1% | $2.71B | −$23.6M | ||||||||
| IntelCOM · shares +0.6% · price +12.8% | 1.1% | $2.65B | +$299.5M | ||||||||
| AT&TCOM · shares +1.3% · price −8.3% | 1.0% | $2.52B | −$225.3M | ||||||||
| Exxon Mobil CorpCOM · shares +4.1% · price −10.8% | 0.95% | $2.28B | −$265.4M | ||||||||
| Wells Fargo Co NewCOM · shares +1.8% · price −13.6% | 0.90% | $2.16B | −$334.8M | ||||||||
| MicrosoftCOM · shares +7.6% · price +6.7% | 0.80% | $1.91B | +$111.6M | ||||||||
| Comcast Corp NewCLA · shares −0.2% · price −14.7% | 0.76% | $1.82B | −$313.9M | ||||||||
| CiscoCOM · shares −4.6% · price +12.0% | 0.74% | $1.78B | +$189.9M | ||||||||
| AmazonCOM · shares +11% · price +23.7% | 0.71% | $1.70B | +$294.7M | ||||||||
| Pfizer IncCOM · shares +12% · price −2.0% | 0.70% | $1.67B | −$30.8M | ||||||||
| Bank Amer CorpCOM · shares −0.8% · price +1.6% | 0.69% | $1.65B | +$25.7M | ||||||||
| Chevron Corp NewCOM · shares +4.4% · price −8.9% | 0.62% | $1.49B | −$139.2M | ||||||||
| Walmart IncCOM · shares −0.4% · price −9.9% | 0.54% | $1.29B | −$142.0M | ||||||||
| Citigroup IncCOM · shares −0.9% · price −9.3% | 0.45% | $1.09B | −$111.2M | ||||||||
| Johnson & JohnsonCOM · shares +9.5% · price −8.3% | 0.40% | $967.8M | −$79.8M | ||||||||
| Bp PlcADR · shares +13% · price −3.5% | 0.36% | $852.0M | −$27.7M | ||||||||
| Berkshire Hathaway Inc DelCLB · shares +24% · price +0.6% | 0.35% | $841.9M | +$4.2M | ||||||||
| Time Warner IncCOM · shares −0.5% · price +3.4% | 0.34% | $822.6M | +$27.0M | ||||||||
| MetaCLA · shares +7.2% · price −9.5% | 0.32% | $777.7M | −$75.7M | ||||||||
| American TowerCOM · shares +50% · price +1.9% | 0.32% | $773.0M | +$9.4M | ||||||||
| Charter Communications Inc NCLA · shares −1.0% · price −7.4% | 0.29% | $705.9M | −$56.2M | ||||||||
| MicronCOM · shares +1.0% · price +26.8% | 0.29% | $704.0M | +$147.2M | ||||||||
| Simon Ppty Group Inc NewCOM · shares +3.8% · price −10.1% | 0.29% | $703.8M | −$76.4M | ||||||||
| Verizon Communications IncCOM · shares +9.9% · price −9.7% | 0.29% | $689.0M | −$67.0M | ||||||||
| Total · 3,344 positions | 100% | $239.94B | −$5.05B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q4 2017 to Q1 2018: 3,241 stocks held throughout, down $5.05B (−2.1%).
- Intel+$299.5M+13%
- Amazon+$294.7M+24%
- Cisco+$189.9M+12%
- Micron+$147.2M+27%
- Microsoft+$111.6M+7%
- Walmart Inc−$142.0M−10%
- AT&T−$225.3M−8%
- Exxon Mobil Corp−$265.4M−11%
- Comcast Corp New−$313.9M−15%
- Wells Fargo Co New−$334.8M−14%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 5 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 11, 2026 | $551.84B+15% | SEC ↗ |
| Q1 2026 | May 7, 2026 | $481.39B+1% | SEC ↗ |
| Q4 2025 | Feb 12, 2026 | $476.72B+2% | SEC ↗ |
| Q3 2025 | Nov 12, 2025 | $466.01B+8% | SEC ↗ |
| Q2 2025 | Aug 12, 2025 | $431.92B+7% | SEC ↗ |
| Q1 2025 | May 13, 2025 | $402.31B−3% | SEC ↗ |
| Q4 2024 | Feb 13, 2025 | $416.38B+1% | SEC ↗ |
| Q3 2024 | Nov 7, 2024 | $412.28B+8% | SEC ↗ |
| Q2 2024 | Aug 9, 2024 | $382.85B+4% | SEC ↗ |
| Q1 2024 | May 10, 2024 | $369.36B+8% | SEC ↗ |
| Q4 2023 | Feb 7, 2024 | $342.47B+12% | SEC ↗ |
| Q3 2023 | Nov 9, 2023 | $304.90B−3% | SEC ↗ |
| Q2 2023 | Aug 9, 2023 | $313.77B+6% | SEC ↗ |
| Q1 2023 | May 12, 2023 | $296.87B−12% | SEC ↗ |
| Q4 2022 | Feb 9, 2023 | $338.47B+30% | SEC ↗ |
| Q3 2022 | Nov 10, 2022 | $260.47B−7% | SEC ↗ |
| Q2 2022 | Aug 12, 2022 | $278.78B−14% | SEC ↗ |
| Q1 2022 | May 13, 2022 | $324.62B−2% | SEC ↗ |
| Q4 2021 | Feb 9, 2022 | $330.75B+7% | SEC ↗ |
| Q3 2021 | Nov 12, 2021 | $310.45B−2% | SEC ↗ |
| Q2 2021 | Aug 12, 2021 | $315.84B+4% | SEC ↗ |
| Q1 2021 | May 14, 2021 | $302.34B+9% | SEC ↗ |
| Q4 2020 | Mar 8, 2021 (amended) | $276.93B+17% | SEC ↗ |
| Q3 2020 | Nov 12, 2020 | $235.82B+4% | SEC ↗ |
| Q2 2020 | Aug 13, 2020 | $227.51B+19% | SEC ↗ |
| Q1 2020 | May 14, 2020 | $191.95B−30% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $274.39B+7% | SEC ↗ |
| Q3 2019 | Nov 12, 2019 | $257.34B−0% | SEC ↗ |
| Q2 2019 | Aug 13, 2019 | $257.55B+3% | SEC ↗ |
| Q1 2019 | Aug 12, 2019 (amended) | $251.08B+14% | SEC ↗ |
| Q4 2018 | Feb 26, 2019 (amended) | $220.75B−16% | SEC ↗ |
| Q3 2018 | Nov 13, 2018 | $262.71B+5% | SEC ↗ |
| Q2 2018 | Aug 10, 2018 | $250.84B+5% | SEC ↗ |
| Q1 2018 | May 11, 2018 | $239.94B−1% | SEC ↗ |
| Q4 2017 | Feb 12, 2018 | $241.23B+5% | SEC ↗ |
| Q3 2017 | Nov 13, 2017 | $228.83B+6% | SEC ↗ |
| Q2 2017 | Aug 11, 2017 | $216.59B+4% | SEC ↗ |
| Q1 2017 | May 12, 2017 | $209.23B+5% | SEC ↗ |
| Q4 2016 | Feb 9, 2017 | $200.21B+8% | SEC ↗ |
| Q3 2016 | Nov 10, 2016 | $185.01B+6% | SEC ↗ |
| Q2 2016 | Aug 9, 2016 | $173.79B+4% | SEC ↗ |
| Q1 2016 | May 13, 2016 | $167.06B | SEC ↗ |