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 | |
|---|---|---|---|---|---|---|
|
FFG
276
DELISTED
FBL Financial Group
FFG
| $106M | 0.08% |
2,377,074
-7,141
| -0.3% | -$321K |
|
|
CELG
277
DELISTED
Celgene Corp
CELG
| $105M | 0.07% |
1,111,971
+218,633
| +24% | +$19.7M |
|
278
Selective Insurance
SIGI
$5.66B
| $105M | 0.07% |
4,744,824
+28,648
| +0.6% | +$677K |
|
279
Ambev
ABEV
$48.1B
| $105M | 0.07% |
16,033,276
+322,034
| +2% | +$2.27M |
|
|
ISIL
280
DELISTED
Intersil Corp
ISIL
| $105M | 0.07% |
7,388,566
-13,078
| -0.2% | -$190K |
|
281
Benchmark Electronics
BHE
$2.9B
| $105M | 0.07% |
4,711,425
-35,968
| -0.8% | -$872K |
|
282
Gold Fields
GFI
$28.9B
| $104M | 0.07% |
26,769,441
+1,471,857
| +6% | +$6.09M |
|
283
Community Health Systems
CYH
$388M
| $104M | 0.07% |
2,300,621
+156,160
| +7% | +$6.49M |
|
284
Fulton Financial
FULT
$4.67B
| $104M | 0.07% |
9,389,528
+924,384
| +11% | +$10.7M |
|
285
Zoetis
ZTS
$32.2B
| $104M | 0.07% |
2,811,569
-499,213
| -15% | -$17.1M |
|
286
Everest Group
EG
$14.5B
| $103M | 0.07% |
638,437
+54,337
| +9% | +$8.8M |
|
287
Lowe's Companies
LOW
$117B
| $103M | 0.07% |
1,950,640
-27,651
| -1% | -$1.4M |
|
288
Digital Realty Trust
DLR
$70.7B
| $103M | 0.07% |
1,652,114
+81,481
| +5% | +$5.18M |
|
|
XL
289
DELISTED
XL Group Ltd.
XL
| $103M | 0.07% |
3,099,905
-7,488
| -0.2% | -$250K |
|
290
Nucor
NUE
$58.5B
| $103M | 0.07% |
1,894,141
+5,405
| +0.3% | +$285K |
|
|
FTR
291
DELISTED
Frontier Communications Corp.
FTR
| $101M | 0.07% |
1,039,231
+36,234
| +4% | +$3.45M |
|
|
IM
292
DELISTED
Ingram Micro
IM
| $101M | 0.07% |
3,920,401
-28,290
| -0.7% | -$803K |
|
293
America Movil
AMX
$76.2B
| $101M | 0.07% |
4,003,565
+221,314
| +6% | +$5.33M |
|
294
Associated Banc-Corp
ASB
$5.84B
| $101M | 0.07% |
5,785,605
+927,784
| +19% | +$16.8M |
|
|
HOS
295
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $101M | 0.07% |
3,071,472
+81,355
| +3% | +$3.38M |
|
|
TPC
296
Tutor Perini Cor
TPC
$4.47B
| $100M | 0.07% |
3,805,021
+92,496
| +2% | +$2.7M |
|
|
DD
297
DELISTED
Du Pont De Nemours E I
DD
| $100M | 0.07% |
1,472,331
+290,262
| +25% | +$18.3M |
|
|
SGY
298
DELISTED
Stone Energy
SGY
| $99.8M | 0.07% |
56,002
+4,484
| +9% | +$9.23M |
|
299
Biogen
BIIB
$30.3B
| $99.7M | 0.07% |
301,416
+23,137
| +8% | +$7.63M |
|
|
AWH
300
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $98.9M | 0.07% |
2,684,907
-7,542
| -0.3% | -$280K |
|
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.