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
|
+$320M |
| 2 |
Banco Santander
SAN
|
+$176M |
| 3 |
AT&T
T
|
+$171M |
| 4 |
Ford
F
|
+$95.9M |
| 5 |
Cisco
CSCO
|
+$87M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Santander
BSBR
|
+$187M |
| 2 |
Union Pacific
UNP
|
+$98.1M |
| 3 |
URS
URS CORP
URS
|
+$96.4M |
| 4 |
SUNE
SUNEDISON, INC COM
SUNE
|
+$67.9M |
| 5 |
Avis
CAR
|
+$66.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.07% |
| 2 | Industrials | 13.39% |
| 3 | Technology | 11.08% |
| 4 | Energy | 9.38% |
| 5 | Consumer Discretionary | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BKS
276
DELISTED
Barnes & Noble
BKS
| $115M | 0.08% |
7,528,903
+402,790
| +6% | +$5.72M |
|
|
PL
277
DELISTED
PROTECTIVE LIFE CORP
PL
| $114M | 0.07% |
1,638,946
-30,735
| -2% | -$2.14M |
|
|
LXK
278
DELISTED
Lexmark Intl Inc
LXK
| $114M | 0.07% |
2,758,814
+196,443
| +8% | +$8.17M |
|
|
GK
279
DELISTED
G&K Services Inc
GK
| $114M | 0.07% |
1,606,694
+16,695
| +1% | +$1.06M |
|
280
Itaú Unibanco
ITUB
$93B
| $114M | 0.07% |
21,821,343
+1,736,556
| +9% | +$9.76M |
|
|
DD
281
DELISTED
Du Pont De Nemours E I
DD
| $113M | 0.07% |
1,613,452
+141,121
| +10% | +$9.43M |
|
|
CODE
282
DELISTED
SPANSION INC, CLASS A COMMON STOCK
CODE
| $113M | 0.07% |
3,305,366
-8,705
| -0.3% | -$207K |
|
283
Delek US
DK
$4.15B
| $113M | 0.07% |
4,141,332
+303,215
| +8% | +$9.17M |
|
284
Zions Bancorporation
ZION
$10.1B
| $113M | 0.07% |
3,959,338
+205,206
| +5% | +$5.79M |
|
285
Mueller Water Products
MWA
$3.9B
| $113M | 0.07% |
11,000,452
-67,807
| -0.6% | -$643K |
|
286
Honeywell
HON
$76.7B
| $112M | 0.07% |
1,251,513
+202,473
| +19% | +$17.4M |
|
287
Biogen
BIIB
$30.7B
| $112M | 0.07% |
330,616
+29,200
| +10% | +$9.45M |
|
|
CORE
288
DELISTED
Core Mark Holding Co., Inc.
CORE
| $112M | 0.07% |
3,622,268
+47,434
| +1% | +$1.38M |
|
|
FITB
289
Fifth Third Bancorp
FITB
$51.3B
| $112M | 0.07% |
5,492,819
+1,002,811
| +22% | +$19.9M |
|
290
Kaiser Aluminum
KALU
$2.61B
| $111M | 0.07% |
1,549,804
-16,589
| -1% | -$1.2M |
|
291
Ambev
ABEV
$48.2B
| $110M | 0.07% |
17,767,617
+1,734,341
| +11% | +$11M |
|
292
AngloGold Ashanti
AU
$41.6B
| $110M | 0.07% |
12,696,981
+88,382
| +0.7% | +$834K |
|
293
Digital Realty Trust
DLR
$71.5B
| $110M | 0.07% |
1,665,547
+13,433
| +0.8% | +$897K |
|
294
Mohawk Industries
MHK
$7.29B
| $110M | 0.07% |
708,430
+14,933
| +2% | +$2.15M |
|
295
Unum
UNM
$13.7B
| $110M | 0.07% |
3,148,293
-24,288
| -0.8% | -$820K |
|
296
Danaher
DHR
$138B
| $110M | 0.07% |
1,904,856
+412,934
| +28% | +$22.4M |
|
|
IM
297
DELISTED
Ingram Micro
IM
| $110M | 0.07% |
3,968,789
+48,388
| +1% | +$1.27M |
|
298
Reliance Steel & Aluminium
RS
$20.5B
| $109M | 0.07% |
1,782,600
+40,009
| +2% | +$2.54M |
|
299
Medtronic
MDT
$110B
| $109M | 0.07% |
1,508,639
+191,880
| +15% | +$13.3M |
|
|
WNR
300
DELISTED
Western Refining Inc
WNR
| $109M | 0.07% |
2,873,229
-215,813
| -7% | -$8.93M |
|
Similar funds
Dimensional Fund Advisors's Q4 2014 Portfolio in Review
As of Q4 2014, Dimensional Fund Advisors held 3,615 positions worth $152B, up 7.9% from $141B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Dimensional Fund Advisors deployed $5.68B of net new capital in Q4 2014, opening 70 new positions and adding to 2,264 existing holdings. Its largest new stake was Avid Technology Inc: 2,313,849 shares worth $32.9M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Industrials and Technology.
On the sell side, the largest reduction was Santander, an estimated $187M trimmed.
- Dimensional Fund Advisors's largest Q4 2014 buy was Avid Technology Inc: 2,313,849 shares worth $32.9M.
- Dimensional Fund Advisors added most to ExxonMobil in Q4 2014, an estimated $320M increase.
- Dimensional Fund Advisors's biggest Q4 2014 reduction was Santander, cutting an estimated $187M.
- Dimensional Fund Advisors fully exited URS CORP in Q4 2014, selling an estimated $96.4M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $152B portfolio in Q4 2014.
- Dimensional Fund Advisors opened 70 new positions and closed 98 in Q4 2014.
- Dimensional Fund Advisors's portfolio value rose 7.9% quarter-over-quarter to $152B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2014, filed 6 Feb 2015.