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 |
ESRX
Express Scripts Holding Company
ESRX
|
+$124M |
| 2 |
Chevron
CVX
|
+$76.2M |
| 3 |
Ambev
ABEV
|
+$75.7M |
| 4 |
Freeport-McMoran
FCX
|
+$70.6M |
| 5 |
APA Corp
APA
|
+$60.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$324M |
| 2 |
SFD
SMITHFIELD FOODS,INC
SFD
|
+$117M |
| 3 |
BZ
BOISE INC COM STK (DE)
BZ
|
+$108M |
| 4 |
STEI
STEWART ENTERPRISES INC CL-A
STEI
|
+$88.5M |
| 5 |
SKS
SAKS INCORPORATED
SKS
|
+$78.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Industrials | 13.27% |
| 3 | Energy | 11.09% |
| 4 | Technology | 9.75% |
| 5 | Consumer Discretionary | 8.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Andersons Inc
ANDE
$2.49B
| $81.1M | 0.06% |
1,363,590
+70,875
| +5% | +$3.77M |
|
|
SUNE
352
DELISTED
SUNEDISON, INC COM
SUNE
| $80.8M | 0.06% |
6,189,830
-20,770
| -0.3% | -$234K |
|
353
Hyster-Yale Materials Handling
HY
$615M
| $80.7M | 0.06% |
866,630
-440
| -0.1% | -$38.3K |
|
354
Spectrum Brands
SPB
$2.08B
| $80.5M | 0.06% |
1,141,478
-90,712
| -7% | -$6.06M |
|
355
EnerSys
ENS
$6.69B
| $80.1M | 0.06% |
1,143,122
+4,906
| +0.4% | +$329K |
|
|
SPWR
356
DELISTED
SunPower Corporation Common Stock
SPWR
| $79.9M | 0.06% |
4,091,096
-69,426
| -2% | -$1.39M |
|
357
La-Z-Boy
LZB
$1.65B
| $78.9M | 0.06% |
2,544,027
-17,157
| -0.7% | -$444K |
|
358
Pinnacle Financial Partners Inc
PNFP
$15.9B
| $78.5M | 0.06% |
2,411,840
-36,398
| -1% | -$1.15M |
|
359
Abbott
ABT
$187B
| $78.2M | 0.06% |
2,041,199
+7,885
| +0.4% | +$291K |
|
|
WLL
360
DELISTED
Whiting Petroleum Corporation
WLL
| $78.2M | 0.06% |
4,215
-24
| -0.6% | -$454K |
|
361
Toyota
TM
$221B
| $78.2M | 0.06% |
641,253
-790
| -0.1% | -$99.3K |
|
362
Deutsche Bank
DB
$67.6B
| $77.8M | 0.06% |
1,892,973
-192,833
| -9% | -$7.77M |
|
363
Tidewater
TDW
$3.71B
| $77.6M | 0.06% |
40,598
+928
| +2% | +$1.76M |
|
|
FMBI
364
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $77.5M | 0.06% |
4,423,258
+155,986
| +4% | +$2.64M |
|
|
BOBE
365
DELISTED
Bob Evans Farms, Inc.
BOBE
| $77.4M | 0.06% |
1,530,015
+22,511
| +1% | +$1.23M |
|
|
CVSA
366
Covista Inc
CVSA
$4.3B
| $76.3M | 0.06% |
2,150,552
+405,790
| +23% | +$14M |
|
|
367
Ambev
ABEV
$48.4B
| $76.2M | 0.06% |
+10,360,938
| New | +$75.7M |
|
368
Allstate
ALL
$70.1B
| $76.1M | 0.06% |
1,394,780
+2,160
| +0.2% | +$115K |
|
|
SYA
369
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $76M | 0.06% |
4,009,101
+524,012
| +15% | +$9.75M |
|
370
AGCO
AGCO
$8.96B
| $76M | 0.06% |
1,283,774
+207,250
| +19% | +$12.3M |
|
371
eBay
EBAY
$52.1B
| $75.7M | 0.06% |
3,279,225
-2,397
| -0.1% | -$53.1K |
|
|
SNV
372
DELISTED
Synovus
SNV
| $75.7M | 0.06% |
3,003,560
-124,204
| -4% | -$2.93M |
|
373
Tredegar Corp
TG
$263M
| $75.6M | 0.06% |
2,624,653
-76,033
| -3% | -$2.03M |
|
|
SHLM
374
DELISTED
Schulman (A.) Inc
SHLM
| $75.5M | 0.06% |
2,141,372
+3,238
| +0.2% | +$107K |
|
375
Gold Fields
GFI
$29.2B
| $75.5M | 0.06% |
23,598,271
-1,900,570
| -7% | -$7.77M |
|
Similar funds
Dimensional Fund Advisors's Q4 2013 Portfolio in Review
As of Q4 2013, Dimensional Fund Advisors held 3,623 positions worth $128B, up 11% from $116B the previous quarter. Its ten largest holdings account for 8.3% of the portfolio.
Trading was light in Q4 2013: portfolio turnover was 3.4%. Dimensional Fund Advisors opened 41 new positions and exited 82, leaving the 3,623-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q4 2013 buy was Ambev: 10,360,938 shares worth $76.2M.
- Dimensional Fund Advisors added most to Express Scripts Holding Company in Q4 2013, an estimated $124M increase.
- Dimensional Fund Advisors's biggest Q4 2013 reduction was GE Aerospace, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited SMITHFIELD FOODS,INC in Q4 2013, selling an estimated $117M.
- Dimensional Fund Advisors's ten largest holdings make up 8.3% of its $128B portfolio in Q4 2013.
- Dimensional Fund Advisors opened 41 new positions and closed 82 in Q4 2013.
- Dimensional Fund Advisors's portfolio value rose 11% quarter-over-quarter to $128B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2013, filed 12 Feb 2014.