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 | |
|---|---|---|---|---|---|---|
|
VR
401
DELISTED
Validus Hold Ltd
VR
| $63.8M | 0.06% |
1,725,603
+26,558
| +2% | +$940K |
|
402
Skywest
SKYW
$3.73B
| $63.6M | 0.06% |
4,378,839
-17,467
| -0.4% | -$251K |
|
403
Caleres
CAL
$425M
| $63.6M | 0.06% |
2,708,386
+43,392
| +2% | +$1.01M |
|
|
EMC
404
DELISTED
EMC CORPORATION
EMC
| $63.4M | 0.05% |
2,481,966
+94,566
| +4% | +$2.46M |
|
405
Rush Enterprises Class A
RUSHA
$5.75B
| $63.4M | 0.05% |
8,071,957
+149,904
| +2% | +$1.15M |
|
406
United Parcel Service
UPS
$87.1B
| $63.4M | 0.05% |
693,465
+30,899
| +5% | +$2.72M |
|
407
UDR
UDR
$11.2B
| $63.1M | 0.05% |
2,662,515
+144,706
| +6% | +$3.52M |
|
|
SHLM
408
DELISTED
Schulman (A.) Inc
SHLM
| $63M | 0.05% |
2,138,134
-23,773
| -1% | -$661K |
|
|
ADT
409
DELISTED
ADT Corp
ADT
| $62.9M | 0.05% |
1,546,298
-1,303
| -0.1% | -$53.6K |
|
|
DOLE
410
DELISTED
DOLE FOOD CO INC NEW CMN STK (DE)
DOLE
| $62.7M | 0.05% |
4,605,719
-31,731
| -0.7% | -$421K |
|
|
ISIL
411
DELISTED
Intersil Corp
ISIL
| $62.6M | 0.05% |
5,577,865
+847,399
| +18% | +$8.49M |
|
412
Grupo Aeroportuario del Sureste
ASR
$7.45B
| $62.6M | 0.05% |
575,249
+37,410
| +7% | +$4.35M |
|
|
KRFT
413
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $62.6M | 0.05% |
1,193,916
-154,722
| -11% | -$8.47M |
|
|
CELG
414
DELISTED
Celgene Corp
CELG
| $62.4M | 0.05% |
810,472
+11,650
| +1% | +$816K |
|
|
ARII
415
DELISTED
American Railcar Industries, Inc.
ARII
| $62.3M | 0.05% |
1,589,105
-20,856
| -1% | -$744K |
|
416
Movado Group
MOV
$733M
| $62.3M | 0.05% |
1,424,517
-18,208
| -1% | -$713K |
|
|
SYA
417
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $62.1M | 0.05% |
3,485,089
+410,094
| +13% | +$7.31M |
|
|
MENT
418
DELISTED
Mentor Graphics Corp
MENT
| $62M | 0.05% |
2,654,297
-55,338
| -2% | -$1.19M |
|
|
UFS
419
DELISTED
DOMTAR CORPORATION (New)
UFS
| $62M | 0.05% |
1,560,764
+98,534
| +7% | +$3.5M |
|
|
ISCA
420
DELISTED
International Speedway Corp
ISCA
| $62M | 0.05% |
1,918,205
+61,199
| +3% | +$2.01M |
|
|
ANR
421
DELISTED
Alpha Natural Resources Inc
ANR
| $61.8M | 0.05% |
10,366,650
+925,503
| +10% | +$5.43M |
|
|
BKS
422
DELISTED
Barnes & Noble
BKS
| $61.8M | 0.05% |
7,285,911
+361,028
| +5% | +$3.76M |
|
423
State Street
STT
$50.9B
| $61.7M | 0.05% |
938,958
-3,437
| -0.4% | -$235K |
|
424
Infosys
INFY
$45.8B
| $61.7M | 0.05% |
10,258,400
+693,520
| +7% | +$4.11M |
|
|
UNT
425
DELISTED
UNIT Corporation
UNT
| $61.7M | 0.05% |
1,326,721
+166,701
| +14% | +$7.65M |
|
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.