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 | |
|---|---|---|---|---|---|---|
301
Federal Realty Investment Trust
FRT
$10.7B
| $108M | 0.07% |
812,696
+4,659
| +0.6% | +$605K |
|
302
Saia
SAIA
$9.33B
| $108M | 0.07% |
1,952,285
+30,368
| +2% | +$1.58M |
|
303
UGI
UGI
$7.76B
| $107M | 0.07% |
2,825,535
+180,797
| +7% | +$6.67M |
|
304
Aflac
AFL
$64.8B
| $107M | 0.07% |
3,510,974
+833,106
| +31% | +$24.6M |
|
305
Caterpillar
CAT
$373B
| $107M | 0.07% |
1,168,353
+90,677
| +8% | +$8.83M |
|
|
ISIL
306
DELISTED
Intersil Corp
ISIL
| $106M | 0.07% |
7,353,199
-35,367
| -0.5% | -$469K |
|
|
FBR
307
DELISTED
Fibria Celulose Sa
FBR
| $105M | 0.07% |
8,633,608
-32,179
| -0.4% | -$372K |
|
308
CF Industries
CF
$19.3B
| $105M | 0.07% |
1,918,920
+243,065
| +15% | +$12.8M |
|
309
GameStop
GME
$9.82B
| $105M | 0.07% |
12,378,088
+1,145,636
| +10% | +$11.1M |
|
|
WBA
310
DELISTED
Walgreens Boots Alliance
WBA
| $105M | 0.07% |
1,372,080
+43,222
| +3% | +$2.89M |
|
311
CONMED
CNMD
$1.41B
| $104M | 0.07% |
2,323,731
-26,468
| -1% | -$1.11M |
|
312
Bristol-Myers Squibb
BMY
$132B
| $104M | 0.07% |
1,767,367
+53,402
| +3% | +$3.01M |
|
|
AAWW
313
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $104M | 0.07% |
2,106,604
-3,977
| -0.2% | -$162K |
|
|
CNW
314
DELISTED
CON-WAY INC.
CNW
| $104M | 0.07% |
2,107,387
+331,152
| +19% | +$15.3M |
|
|
XL
315
DELISTED
XL Group Ltd.
XL
| $103M | 0.07% |
3,003,093
-96,812
| -3% | -$3.3M |
|
|
LTM
316
DELISTED
LIFE TIME FITNESS INC
LTM
| $103M | 0.07% |
1,821,212
+103,183
| +6% | +$5.52M |
|
|
AWH
317
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $103M | 0.07% |
2,717,976
+33,069
| +1% | +$1.24M |
|
318
Chubb
CB
$135B
| $103M | 0.07% |
892,852
+14,567
| +2% | +$1.61M |
|
319
United Airlines
UAL
$40.1B
| $103M | 0.07% |
1,533,861
+170,414
| +12% | +$9.44M |
|
320
Owens Corning
OC
$11.2B
| $102M | 0.07% |
2,855,566
+84,778
| +3% | +$2.82M |
|
321
Principal Financial Group
PFG
$24.4B
| $102M | 0.07% |
1,967,946
+288,352
| +17% | +$14.9M |
|
322
Cathay General Bancorp
CATY
$4.21B
| $102M | 0.07% |
3,977,631
+10,353
| +0.3% | +$263K |
|
|
PLCM
323
DELISTED
POLYCOM INC
PLCM
| $102M | 0.07% |
7,535,365
+211,065
| +3% | +$2.69M |
|
|
AOL
324
DELISTED
AOL INC COMMON STOCK
AOL
| $101M | 0.07% |
2,197,683
+45,570
| +2% | +$2.01M |
|
|
MON
325
DELISTED
Monsanto Co
MON
| $101M | 0.07% |
846,276
+230,541
| +37% | +$26.8M |
|
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.