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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$137M |
| 2 |
Pfizer
PFE
|
+$114M |
| 3 |
JPMorgan Chase
JPM
|
+$107M |
| 4 |
ExxonMobil
XOM
|
+$93.3M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$86.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FON
SPRINT CORP FON COM
FON
|
+$201M |
| 2 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
+$182M |
| 3 |
Zoetis
ZTS
|
+$104M |
| 4 |
Goldman Sachs
GS
|
+$79.1M |
| 5 |
BKI
BUCKEYE TECHNOLOGY INC
BKI
|
+$74.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.97% |
| 2 | Industrials | 13.23% |
| 3 | Energy | 11.07% |
| 4 | Technology | 9.34% |
| 5 | Consumer Discretionary | 8.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3001
Shore Bancshares
SHBI
$817M
| $1.2M | ﹤0.01% |
136,692
+984
| +0.7% | +$8.01K |
|
3002
Acadia Healthcare
ACHC
$3.01B
| $1.2M | ﹤0.01% |
30,343
-3,888
| -11% | -$144K |
|
|
IIN
3003
DELISTED
IntriCon Corporation
IIN
| $1.2M | ﹤0.01% |
304,086
-800
| -0.3% | -$2.81K |
|
|
ALTV
3004
DELISTED
Alteva
ALTV
| $1.19M | ﹤0.01% |
153,351
-3,452
| -2% | -$29.2K |
|
|
UMH
3005
UMH Properties
UMH
$1.34B
| $1.19M | ﹤0.01% |
119,754
+2,400
| +2% | +$24.7K |
|
|
INPH
3006
DELISTED
INTERPHASE CORP
INPH
| $1.19M | ﹤0.01% |
262,338
-1,500
| -0.6% | -$6.86K |
|
3007
MaxLinear
MXL
$5.35B
| $1.19M | ﹤0.01% |
143,208
+64,489
| +82% | +$503K |
|
|
PRKR
3008
DELISTED
Parkervision Inc
PRKR
| $1.18M | ﹤0.01% |
35,338
-772
| -2% | -$30.9K |
|
|
SDRL
3009
DELISTED
Seadrill Limited Common Stock
SDRL
| $1.18M | ﹤0.01% |
98
+45
| +85% | +$532K |
|
|
FALC
3010
DELISTED
FalconStor Software Inc
FALC
| $1.18M | ﹤0.01% |
895,376
-9,248
| -1% | -$9.97K |
|
3011
Imperial Oil
IMO
$60.8B
| $1.18M | ﹤0.01% |
26,813
-1,300
| -5% | -$54.5K |
|
3012
Embotelladora Andina Series A
AKO.A
$3.63B
| $1.18M | ﹤0.01% |
46,772
-824
| -2% | -$20.7K |
|
|
GCAP
3013
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $1.18M | ﹤0.01% |
93,381
+60,598
| +185% | +$479K |
|
|
OPEN
3014
DELISTED
OPENTABLE,INC COMMON STOCK
OPEN
| $1.18M | ﹤0.01% |
16,795
-177
| -1% | -$12.4K |
|
3015
Climb Global Solutions
CLMB
$524M
| $1.17M | ﹤0.01% |
364,960
+2,792
| +0.8% | +$8.61K |
|
3016
Avalon Holdings
AWX
$10.1M
| $1.16M | ﹤0.01% |
214,535
-250
| -0.1% | -$1.08K |
|
3017
Lazard
LAZ
$4.21B
| $1.15M | ﹤0.01% |
31,803
-73,263
| -70% | -$2.6M |
|
3018
Peoples Bancorp of North Carolina
PEBK
$231M
| $1.15M | ﹤0.01% |
101,961
+867
| +0.9% | +$10.3K |
|
|
DRRX
3019
DELISTED
DURECT Corp
DRRX
| $1.14M | ﹤0.01% |
85,155
-3,494
| -4% | -$41.5K |
|
|
DDC
3020
DELISTED
Dominion Diamond Corporation
DDC
| $1.14M | ﹤0.01% |
93,553
+19,790
| +27% | +$267K |
|
3021
Healthcare Services Group
HCSG
$1.63B
| $1.13M | ﹤0.01% |
43,826
+4,401
| +11% | +$110K |
|
3022
Simulations Plus
SLP
$371M
| $1.13M | ﹤0.01% |
234,033
-4,467
| -2% | -$20.9K |
|
|
PHII
3023
DELISTED
PHI, Inc.
PHII
| $1.12M | ﹤0.01% |
30,865
+288
| +0.9% | +$10.3K |
|
|
CVLY
3024
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $1.12M | ﹤0.01% |
90,271
+844
| +0.9% | +$10.2K |
|
3025
EPAM Systems
EPAM
$5.25B
| $1.09M | ﹤0.01% |
31,742
-618
| -2% | -$19K |
|
Similar funds
Dimensional Fund Advisors's Q3 2013 Portfolio in Review
As of Q3 2013, Dimensional Fund Advisors held 3,633 positions worth $116B, up 8.8% from $106B the previous quarter. Its ten largest holdings account for 8.5% of the portfolio.
Trading was light in Q3 2013: portfolio turnover was 2.7%. Dimensional Fund Advisors opened 48 new positions and exited 50, leaving the 3,633-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 4,364,241 shares worth $146M.
- Dimensional Fund Advisors added most to Pfizer in Q3 2013, an estimated $114M increase.
- Dimensional Fund Advisors's biggest Q3 2013 reduction was Zoetis, cutting an estimated $104M.
- Dimensional Fund Advisors fully exited SPRINT CORP FON COM in Q3 2013, selling an estimated $201M.
- Dimensional Fund Advisors's ten largest holdings make up 8.5% of its $116B portfolio in Q3 2013.
- Dimensional Fund Advisors opened 48 new positions and closed 50 in Q3 2013.
- Dimensional Fund Advisors's portfolio value rose 8.8% quarter-over-quarter to $116B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2013, filed 13 Nov 2013.