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 |
ExxonMobil
XOM
|
+$214M |
| 2 |
AT&T
T
|
+$140M |
| 3 |
GE Aerospace
GE
|
+$128M |
| 4 |
Cisco
CSCO
|
+$86.5M |
| 5 |
Chevron
CVX
|
+$81.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$154M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$121M |
| 3 |
American International
AIG
|
+$104M |
| 4 |
Avis
CAR
|
+$102M |
| 5 |
Citigroup
C
|
+$91.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.56% |
| 2 | Industrials | 13.08% |
| 3 | Energy | 11.62% |
| 4 | Technology | 10.78% |
| 5 | Healthcare | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Prestige Consumer Healthcare
PBH
$2.35B
| $124M | 0.09% |
3,834,801
+3,696
| +0.1% | +$124K |
|
|
MWV
227
DELISTED
MEADWESTVACO CORP
MWV
| $124M | 0.09% |
3,016,657
+88,621
| +3% | +$3.79M |
|
|
ALR
228
DELISTED
Alere Inc
ALR
| $123M | 0.09% |
3,180,724
+104,619
| +3% | +$3.92M |
|
|
VALE.P
229
DELISTED
Vale S A
VALE.P
| $123M | 0.09% |
12,694,562
+931,002
| +8% | +$11M |
|
230
Seaboard Corp
SEB
$4.3B
| $123M | 0.09% |
46,029
-9
| -0% | -$25.8K |
|
|
JNS
231
DELISTED
Janus Capital Group Inc
JNS
| $123M | 0.09% |
8,451,109
-101,369
| -1% | -$1.23M |
|
232
Avnet
AVT
$7.21B
| $122M | 0.09% |
2,948,674
+3,360
| +0.1% | +$146K |
|
|
ARGO
233
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $121M | 0.09% |
3,344,779
-10,076
| -0.3% | -$376K |
|
234
Patterson-UTI
PTEN
$3.93B
| $120M | 0.09% |
3,692,071
+19,005
| +0.5% | +$645K |
|
|
LLL
235
DELISTED
L3 Technologies, Inc.
LLL
| $120M | 0.09% |
1,009,255
+1,602
| +0.2% | +$182K |
|
236
MKS Inc
MKSI
$20.4B
| $120M | 0.08% |
3,587,071
+27,347
| +0.8% | +$895K |
|
|
MBFI
237
DELISTED
MB Financial Corp
MBFI
| $120M | 0.08% |
4,325,235
+491,719
| +13% | +$13.7M |
|
238
Kaiser Aluminum
KALU
$2.62B
| $119M | 0.08% |
1,566,393
-12,763
| -0.8% | -$986K |
|
239
Reliance Steel & Aluminium
RS
$20.8B
| $119M | 0.08% |
1,742,591
+12,735
| +0.7% | +$905K |
|
|
WFT
240
DELISTED
Weatherford International plc
WFT
| $119M | 0.08% |
5,725,383
-336,672
| -6% | -$7.57M |
|
241
SL Green Realty
SLG
$3.76B
| $119M | 0.08% |
1,213,225
+38,254
| +3% | +$4M |
|
242
Green Plains
GPRE
$1.19B
| $119M | 0.08% |
3,170,018
+98,308
| +3% | +$3.92M |
|
243
Helmerich & Payne
HP
$3.43B
| $118M | 0.08% |
1,202,027
-5,037
| -0.4% | -$535K |
|
|
EMC
244
DELISTED
EMC CORPORATION
EMC
| $117M | 0.08% |
4,016,244
-254,493
| -6% | -$7.34M |
|
245
Ryder
R
$10B
| $117M | 0.08% |
1,304,258
+27,617
| +2% | +$2.48M |
|
|
CVA
246
DELISTED
Covanta Holding Corporation
CVA
| $117M | 0.08% |
5,501,242
+888,108
| +19% | +$18.5M |
|
247
MGM Resorts International
MGM
$11.4B
| $116M | 0.08% |
5,091,505
-80,036
| -2% | -$1.99M |
|
|
AMSG
248
DELISTED
Amsurg Corp
AMSG
| $116M | 0.08% |
2,316,485
+134,520
| +6% | +$6.72M |
|
|
SYA
249
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $116M | 0.08% |
4,968,417
+278,636
| +6% | +$6.49M |
|
|
PL
250
DELISTED
PROTECTIVE LIFE CORP
PL
| $116M | 0.08% |
1,669,681
-22,517
| -1% | -$1.56M |
|
Similar funds
Dimensional Fund Advisors's Q3 2014 Portfolio in Review
As of Q3 2014, Dimensional Fund Advisors held 3,625 positions worth $141B, down 1.9% from $144B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 3.1%. Dimensional Fund Advisors opened 33 new positions and exited 79, leaving the 3,625-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q3 2014 buy was Liberty Media Series C: 2,340,661 shares worth $58.8M.
- Dimensional Fund Advisors added most to ExxonMobil in Q3 2014, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q3 2014 reduction was Bank of America, cutting an estimated $154M.
- Dimensional Fund Advisors fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $121M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $141B portfolio in Q3 2014.
- Dimensional Fund Advisors opened 33 new positions and closed 79 in Q3 2014.
- Dimensional Fund Advisors's portfolio value fell 1.9% quarter-over-quarter to $141B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2014, filed 13 Nov 2014.