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 |
ESRX
Express Scripts Holding Company
ESRX
|
+$124M |
| 2 |
Chevron
CVX
|
+$76.2M |
| 3 |
Ambev
ABEV
|
+$75.7M |
| 4 |
Freeport-McMoran
FCX
|
+$70.6M |
| 5 |
APA Corp
APA
|
+$60.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$324M |
| 2 |
SFD
SMITHFIELD FOODS,INC
SFD
|
+$117M |
| 3 |
BZ
BOISE INC COM STK (DE)
BZ
|
+$108M |
| 4 |
STEI
STEWART ENTERPRISES INC CL-A
STEI
|
+$88.5M |
| 5 |
SKS
SAKS INCORPORATED
SKS
|
+$78.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Industrials | 13.27% |
| 3 | Energy | 11.09% |
| 4 | Technology | 9.75% |
| 5 | Consumer Discretionary | 8.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Itaú Unibanco
ITUB
$92.3B
| $109M | 0.08% |
22,007,751
-178,780
| -0.8% | -$930K |
|
227
Owens Corning
OC
$11.6B
| $109M | 0.08% |
2,666,018
-14,002
| -0.5% | -$531K |
|
|
PL
228
DELISTED
PROTECTIVE LIFE CORP
PL
| $108M | 0.08% |
2,139,979
-246,760
| -10% | -$11.6M |
|
229
Bunge Global
BG
$22.8B
| $108M | 0.08% |
1,313,888
+8,751
| +0.7% | +$706K |
|
|
FFG
230
DELISTED
FBL Financial Group
FFG
| $107M | 0.08% |
2,398,738
+204
| +0% | +$9.09K |
|
231
Cathay General Bancorp
CATY
$4.18B
| $107M | 0.08% |
4,011,621
-75,760
| -2% | -$1.92M |
|
|
FCS
232
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $107M | 0.08% |
8,030,598
+370,040
| +5% | +$4.74M |
|
233
Horace Mann Educators
HMN
$2.09B
| $107M | 0.08% |
3,390,764
+26,114
| +0.8% | +$773K |
|
234
Universal Corp
UVV
$1.34B
| $106M | 0.08% |
1,949,692
-12,753
| -0.6% | -$662K |
|
|
BGC
235
DELISTED
General Cable Corporation
BGC
| $106M | 0.08% |
3,615,177
-155,643
| -4% | -$4.71M |
|
236
Ashland
ASH
$3.04B
| $106M | 0.08% |
2,237,749
+20,469
| +0.9% | +$915K |
|
|
ACAS
237
DELISTED
American Capital Ltd
ACAS
| $106M | 0.08% |
6,753,334
-37,540
| -0.6% | -$544K |
|
|
AOL
238
DELISTED
AOL INC COMMON STOCK
AOL
| $105M | 0.08% |
2,260,396
-194,150
| -8% | -$7.93M |
|
|
RDC
239
DELISTED
Rowan Companies Plc
RDC
| $105M | 0.08% |
2,975,420
+211,022
| +8% | +$7.54M |
|
240
Murphy Oil
MUR
$5.38B
| $105M | 0.08% |
1,620,640
-34,632
| -2% | -$2.17M |
|
|
JNS
241
DELISTED
Janus Capital Group Inc
JNS
| $105M | 0.08% |
8,497,594
-9,780
| -0.1% | -$101K |
|
|
GLF
242
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $105M | 0.08% |
2,223,933
+81,554
| +4% | +$4.04M |
|
|
IRF
243
DELISTED
INTL RECTIFIER CORP
IRF
| $105M | 0.08% |
4,010,560
+524,315
| +15% | +$12.8M |
|
244
First Solar
FSLR
$22.1B
| $104M | 0.08% |
1,902,742
-115,617
| -6% | -$6.32M |
|
|
AWH
245
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $104M | 0.08% |
2,761,173
-9,792
| -0.4% | -$353K |
|
|
ALEX
246
DELISTED
Alexander & Baldwin
ALEX
| $104M | 0.08% |
2,481,765
-126,574
| -5% | -$4.86M |
|
|
VPHM
247
DELISTED
VIROPHARMA INC
VPHM
| $103M | 0.08% |
2,071,225
-31,651
| -2% | -$1.42M |
|
248
CONMED
CNMD
$1.31B
| $103M | 0.08% |
2,418,335
+41,949
| +2% | +$1.59M |
|
249
Mueller Water Products
MWA
$3.94B
| $102M | 0.08% |
10,936,818
-140,434
| -1% | -$1.2M |
|
|
LLL
250
DELISTED
L3 Technologies, Inc.
LLL
| $102M | 0.08% |
958,412
-2,285
| -0.2% | -$229K |
|
Similar funds
Dimensional Fund Advisors's Q4 2013 Portfolio in Review
As of Q4 2013, Dimensional Fund Advisors held 3,623 positions worth $128B, up 11% from $116B the previous quarter. Its ten largest holdings account for 8.3% of the portfolio.
Trading was light in Q4 2013: portfolio turnover was 3.4%. Dimensional Fund Advisors opened 41 new positions and exited 82, leaving the 3,623-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q4 2013 buy was Ambev: 10,360,938 shares worth $76.2M.
- Dimensional Fund Advisors added most to Express Scripts Holding Company in Q4 2013, an estimated $124M increase.
- Dimensional Fund Advisors's biggest Q4 2013 reduction was GE Aerospace, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited SMITHFIELD FOODS,INC in Q4 2013, selling an estimated $117M.
- Dimensional Fund Advisors's ten largest holdings make up 8.3% of its $128B portfolio in Q4 2013.
- Dimensional Fund Advisors opened 41 new positions and closed 82 in Q4 2013.
- Dimensional Fund Advisors's portfolio value rose 11% quarter-over-quarter to $128B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2013, filed 12 Feb 2014.