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 | 20.18% |
| 2 | Industrials | 13.92% |
| 3 | Energy | 11.83% |
| 4 | Technology | 10.43% |
| 5 | Consumer Discretionary | 9.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2676
Hingham Institution for Saving
HIFS
$661M
| $3.64M | ﹤0.01% |
46,352
-306
| -0.7% | -$22.7K |
|
2677
Innoviva
INVA
$1.53B
| $3.62M | ﹤0.01% |
126,143
-3,774
| -3% | -$110K |
|
|
TSH
2678
DELISTED
TECHE HOLDING CO
TSH
| $3.62M | ﹤0.01% |
72,620
-724
| -1% | -$34.9K |
|
|
CRWN
2679
DELISTED
CROWN MEDIA HOLDINGS INC CL-A
CRWN
| $3.6M | ﹤0.01% |
1,020,955
+6,900
| +0.7% | +$22.6K |
|
|
MGI
2680
DELISTED
MoneyGram International, Inc. New
MGI
| $3.6M | ﹤0.01% |
173,190
+23,373
| +16% | +$475K |
|
2681
Atlanticus Holdings
ATLC
$1.41B
| $3.59M | ﹤0.01% |
1,012,283
-376
| -0% | -$1.32K |
|
2682
Mizuho Financial
MFG
$132B
| $3.58M | ﹤0.01% |
821,292
| – | – |
|
2683
Immersion
IMMR
$236M
| $3.57M | ﹤0.01% |
343,802
-74,129
| -18% | -$909K |
|
|
TREC
2684
DELISTED
Trecora Resources
TREC
| $3.56M | ﹤0.01% |
283,589
+16,269
| +6% | +$164K |
|
|
NBG
2685
DELISTED
NATIONAL BANK OF GREECE SA ADR REPSTG 1 SHARE (NEW)
NBG
| $3.55M | ﹤0.01% |
634,016
+607,213
| +2,265% | +$3.4M |
|
|
IBCA
2686
DELISTED
INTERVEST BANCSHARES CORP COM
IBCA
| $3.54M | ﹤0.01% |
471,800
| – | – |
|
2687
Southern Copper
SCCO
$160B
| $3.54M | ﹤0.01% |
134,439
+277
| +0.2% | +$6.87K |
|
2688
Grupo Aeroportuario Centro Norte
OMAB
$4.69B
| $3.52M | ﹤0.01% |
131,882
-1,289
| -1% | -$35.1K |
|
|
WSO.B
2689
Watsco Inc Class B
WSO.B
| $3.52M | ﹤0.01% |
36,447
-212
| -0.6% | -$20.1K |
|
|
INOC
2690
DELISTED
INNOTRAC CORP
INOC
| $3.52M | ﹤0.01% |
429,013
-3,829
| -0.9% | -$27.6K |
|
2691
Bank of Montreal
BMO
$120B
| $3.51M | ﹤0.01% |
52,613
+2,259
| +4% | +$154K |
|
2692
Casella Waste Systems
CWST
$5.73B
| $3.5M | ﹤0.01% |
603,989
+54,898
| +10% | +$319K |
|
|
GMK
2693
DELISTED
GRUMA SAB DE C V ADS(RP 4 B SHS
GMK
| $3.5M | ﹤0.01% |
114,795
-3,368
| -3% | -$91.4K |
|
|
LSBG
2694
DELISTED
Lake Sunapee Bank Group
LSBG
| $3.5M | ﹤0.01% |
229,317
+3,270
| +1% | +$48.1K |
|
2695
Espey Mfg & Electronics Corp
ESP
$189M
| $3.48M | ﹤0.01% |
106,592
+3,344
| +3% | +$107K |
|
|
INN
2696
Summit Hotel Properties
INN
$614M
| $3.47M | ﹤0.01% |
385,942
+66,527
| +21% | +$599K |
|
2697
United-Guardian
UG
$32.8M
| $3.47M | ﹤0.01% |
123,310
-649
| -0.5% | -$16.8K |
|
|
SKUL
2698
DELISTED
SKULLCANDY INC
SKUL
| $3.47M | ﹤0.01% |
480,754
+276,466
| +135% | +$1.68M |
|
|
RENX
2699
DELISTED
RELX N.V.
RENX
| $3.45M | ﹤0.01% |
248,377
| – | – |
|
|
MSO
2700
DELISTED
MARTHA STEWART LIVING OMNIMEDIA INC
MSO
| $3.44M | ﹤0.01% |
819,088
+33,942
| +4% | +$104K |
|
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 20% of assets, up from 20% 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.