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 | 19.71% |
| 2 | Industrials | 13.9% |
| 3 | Energy | 11.81% |
| 4 | Technology | 10.02% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RKT
301
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $82.4M | 0.07% |
1,627,374
+28,292
| +2% | +$1.58M |
|
|
KS
302
DELISTED
KapStone Paper and Pack Corp.
KS
| $82.3M | 0.07% |
3,847,618
+50,890
| +1% | +$1.11M |
|
303
Provident Financial Services
PFS
$3.05B
| $82.3M | 0.07% |
5,079,079
-5,523
| -0.1% | -$93.2K |
|
304
Realty Income
O
$55.6B
| $82.2M | 0.07% |
2,134,668
+399,322
| +23% | +$16.2M |
|
305
Toyota
TM
$231B
| $82.2M | 0.07% |
642,043
+4,967
| +0.8% | +$632K |
|
306
Deutsche Bank
DB
$72.7B
| $81.5M | 0.07% |
2,085,806
+216,309
| +12% | +$8.33M |
|
307
First Solar
FSLR
$21.7B
| $81.2M | 0.07% |
2,018,359
+302,038
| +18% | +$12.8M |
|
308
Spectrum Brands
SPB
$1.97B
| $81.1M | 0.07% |
1,232,190
-126,048
| -9% | -$7.7M |
|
|
CFN
309
DELISTED
CAREFUSION CORPORATION
CFN
| $81.1M | 0.07% |
2,197,359
+37,632
| +2% | +$1.4M |
|
310
CONMED
CNMD
$1.4B
| $80.8M | 0.07% |
2,376,386
-15,403
| -0.6% | -$503K |
|
311
Boeing
BA
$166B
| $80.6M | 0.07% |
685,658
+24,834
| +4% | +$2.67M |
|
|
AMSG
312
DELISTED
Amsurg Corp
AMSG
| $79.4M | 0.07% |
2,000,599
+26,070
| +1% | +$1.01M |
|
313
3M
MMM
$84.9B
| $79.3M | 0.07% |
794,546
+20,123
| +3% | +$1.96M |
|
314
Helmerich & Payne
HP
$4.35B
| $79.1M | 0.07% |
1,147,863
+22,692
| +2% | +$1.5M |
|
315
American Express
AXP
$219B
| $78.9M | 0.07% |
1,045,353
+25,857
| +3% | +$1.95M |
|
|
SKS
316
DELISTED
SAKS INCORPORATED
SKS
| $78.6M | 0.07% |
4,932,202
-163,717
| -3% | -$2.55M |
|
317
Mitsubishi UFJ Financial
MUFG
$267B
| $78.5M | 0.07% |
12,246,049
-39,792
| -0.3% | -$253K |
|
318
Hilltop Holdings
HTH
$2.23B
| $77.9M | 0.07% |
4,211,342
+184,473
| +5% | +$3.1M |
|
|
PARA
319
DELISTED
Paramount Global Class B
PARA
| $77.9M | 0.07% |
1,412,352
-132,968
| -9% | -$7.07M |
|
320
Hyster-Yale Materials Handling
HY
$599M
| $77.8M | 0.07% |
867,070
+5,606
| +0.7% | +$429K |
|
321
Canadian Natural Resources
CNQ
$106B
| $77.6M | 0.07% |
5,106,742
+57,645
| +1% | +$865K |
|
322
eBay
EBAY
$48.1B
| $77M | 0.07% |
3,281,622
+1,984
| +0.1% | +$44.5K |
|
|
CEO
323
DELISTED
CNOOC Limited
CEO
| $76.2M | 0.07% |
377,353
+3,091
| +0.8% | +$588K |
|
324
Nabors Industries
NBR
$1.36B
| $76.1M | 0.07% |
94,779
+2,564
| +3% | +$2.01M |
|
|
WLL
325
DELISTED
Whiting Petroleum Corporation
WLL
| $76.1M | 0.07% |
4,239
+927
| +28% | +$14.4M |
|
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 20% of assets, down from 20% 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.