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 | |
|---|---|---|---|---|---|---|
|
OMG
251
DELISTED
OM GROUP INC.
OMG
| $102M | 0.08% |
2,788,472
+67,011
| +2% | +$2.24M |
|
252
DuPont de Nemours
DD
$18.9B
| $101M | 0.08% |
902,392
+2,269
| +0.3% | +$233K |
|
|
JNY
253
DELISTED
JONES GROUP INC COM STK (PA)
JNY
| $101M | 0.08% |
6,739,816
-74,393
| -1% | -$1.08M |
|
|
ATVI
254
DELISTED
Activision Blizzard
ATVI
| $101M | 0.08% |
5,637,925
+606,169
| +12% | +$10.4M |
|
|
MAGN
255
Magnera Corp
MAGN
$490M
| $100M | 0.08% |
279,580
-577
| -0.2% | -$204K |
|
256
Hilltop Holdings
HTH
$2.21B
| $100M | 0.08% |
4,342,572
+131,230
| +3% | +$2.67M |
|
257
MKS Inc
MKSI
$21.3B
| $100M | 0.08% |
3,353,991
+99,115
| +3% | +$2.88M |
|
258
Watts Water Technologies
WTS
$11.5B
| $100M | 0.08% |
1,618,436
-54,886
| -3% | -$3.18M |
|
259
LG Display
LPL
$3.14B
| $99.9M | 0.08% |
8,231,048
+97,398
| +1% | +$1.12M |
|
|
ANR
260
DELISTED
Alpha Natural Resources Inc
ANR
| $99.8M | 0.08% |
13,974,143
+3,607,493
| +35% | +$24.3M |
|
261
Dorman Products
DORM
$4.08B
| $99.7M | 0.08% |
1,778,487
-52,136
| -3% | -$2.62M |
|
|
EMC
262
DELISTED
EMC CORPORATION
EMC
| $99.7M | 0.08% |
3,964,026
+1,482,060
| +60% | +$35.9M |
|
|
MWV
263
DELISTED
MEADWESTVACO CORP
MWV
| $99.5M | 0.08% |
2,695,612
+77,768
| +3% | +$2.81M |
|
|
XL
264
DELISTED
XL Group Ltd.
XL
| $99.4M | 0.08% |
3,121,477
-9,717
| -0.3% | -$303K |
|
|
GK
265
DELISTED
G&K Services Inc
GK
| $99.2M | 0.08% |
1,594,331
+815
| +0.1% | +$49.1K |
|
266
AngloGold Ashanti
AU
$40.7B
| $98.9M | 0.08% |
8,439,724
+1,344,843
| +19% | +$18.3M |
|
267
Provident Financial Services
PFS
$3.11B
| $98.1M | 0.08% |
5,078,442
-637
| -0% | -$11.7K |
|
268
Bristol-Myers Squibb
BMY
$128B
| $98M | 0.08% |
1,844,559
+13,846
| +0.8% | +$705K |
|
269
Helmerich & Payne
HP
$3.36B
| $97.8M | 0.08% |
1,162,679
+14,816
| +1% | +$1.15M |
|
|
BEL
270
DELISTED
Belmond Ltd.
BEL
| $97.6M | 0.08% |
6,456,941
-11,287
| -0.2% | -$161K |
|
|
VALE.P
271
DELISTED
Vale S A
VALE.P
| $97.2M | 0.08% |
6,940,490
+15,110
| +0.2% | +$214K |
|
272
SL Green Realty
SLG
$3.83B
| $97M | 0.08% |
1,084,356
+68,609
| +7% | +$6.12M |
|
273
Boeing
BA
$167B
| $96.7M | 0.08% |
708,293
+22,635
| +3% | +$2.94M |
|
|
PXD
274
DELISTED
Pioneer Natural Resource Co.
PXD
| $96.2M | 0.07% |
522,409
-5,456
| -1% | -$1.05M |
|
275
MGIC Investment
MTG
$6.34B
| $96M | 0.07% |
11,378,633
-391,838
| -3% | -$3.13M |
|
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.