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
|
+$214M |
| 2 |
AT&T
T
|
+$140M |
| 3 |
GE Aerospace
GE
|
+$128M |
| 4 |
Cisco
CSCO
|
+$86.5M |
| 5 |
Chevron
CVX
|
+$81.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$154M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$121M |
| 3 |
American International
AIG
|
+$104M |
| 4 |
Avis
CAR
|
+$102M |
| 5 |
Citigroup
C
|
+$91.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.56% |
| 2 | Industrials | 13.08% |
| 3 | Energy | 11.62% |
| 4 | Technology | 10.78% |
| 5 | Healthcare | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Aflac
AFL
$64.9B
| $78M | 0.06% |
2,677,868
+600,612
| +29% | +$18.3M |
|
402
Insight Enterprises
NSIT
$3.89B
| $77.9M | 0.06% |
3,444,080
+45,834
| +1% | +$1.22M |
|
403
Grupo Aeroportuario del Sureste
ASR
$8.27B
| $77.9M | 0.06% |
606,380
-1,243
| -0.2% | -$159K |
|
|
ALEX
404
DELISTED
Alexander & Baldwin
ALEX
| $77.7M | 0.06% |
2,159,741
-43,148
| -2% | -$1.71M |
|
|
MGLN
405
DELISTED
Magellan Health Services, Inc.
MGLN
| $76.4M | 0.05% |
1,396,732
+108,778
| +8% | +$6.24M |
|
406
Booking.com
BKNG
$149B
| $76.4M | 0.05% |
1,648,225
+169,925
| +11% | +$8.37M |
|
407
Eli Lilly
LLY
$1.02T
| $76.4M | 0.05% |
1,177,248
+19,247
| +2% | +$1.22M |
|
408
Danaher
DHR
$137B
| $76.2M | 0.05% |
1,491,922
+95,199
| +7% | +$4.89M |
|
409
Comstock Resources
CRK
$3.89B
| $76.2M | 0.05% |
818,271
-1,048
| -0.1% | -$124K |
|
|
TGNA
410
DELISTED
TEGNA Inc
TGNA
| $76M | 0.05% |
4,897,889
-25,188
| -0.5% | -$432K |
|
|
PVA
411
DELISTED
PENN VIRGINIA CORP
PVA
| $75.9M | 0.05% |
5,975,526
+404,762
| +7% | +$5.68M |
|
412
Regis Corp
RGS
$68.4M
| $75.9M | 0.05% |
237,842
-865
| -0.4% | -$260K |
|
|
AUO
413
DELISTED
AU Optronics Corp
AUO
| $75.6M | 0.05% |
18,165,320
-36,061
| -0.2% | -$163K |
|
|
CODE
414
DELISTED
SPANSION INC, CLASS A COMMON STOCK
CODE
| $75.5M | 0.05% |
3,314,071
+3,839
| +0.1% | +$81.5K |
|
|
MDC
415
DELISTED
M.D.C. Holdings, Inc.
MDC
| $75.5M | 0.05% |
4,141,032
+463,977
| +13% | +$9.39M |
|
416
Kulicke & Soffa
KLIC
$4.67B
| $75.5M | 0.05% |
5,302,848
+173,272
| +3% | +$2.48M |
|
417
General Dynamics
GD
$104B
| $75.3M | 0.05% |
592,771
+1,881
| +0.3% | +$228K |
|
|
PES
418
DELISTED
Pioneer Energy Services Corp.
PES
| $75.2M | 0.05% |
5,366,047
-6,607
| -0.1% | -$103K |
|
419
Accenture
ACN
$102B
| $75.2M | 0.05% |
924,851
+22,214
| +2% | +$1.78M |
|
420
Abbott
ABT
$183B
| $75M | 0.05% |
1,803,390
-240,032
| -12% | -$10.2M |
|
421
HF Sinclair
DINO
$16.5B
| $74.8M | 0.05% |
1,712,982
-12,155
| -0.7% | -$567K |
|
422
FNB Corp
FNB
$6.73B
| $74.7M | 0.05% |
6,231,113
+611,471
| +11% | +$7.58M |
|
423
Lithia Motors
LAD
$8.47B
| $74.3M | 0.05% |
981,879
-123
| -0% | -$10.9K |
|
|
THS
424
DELISTED
Treehouse Foods
THS
| $74.3M | 0.05% |
923,163
+43,787
| +5% | +$3.46M |
|
|
XEC
425
DELISTED
CIMAREX ENERGY CO
XEC
| $74.3M | 0.05% |
586,866
+84,348
| +17% | +$11.7M |
|
Similar funds
Dimensional Fund Advisors's Q3 2014 Portfolio in Review
As of Q3 2014, Dimensional Fund Advisors held 3,625 positions worth $141B, down 1.9% from $144B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 3.1%. Dimensional Fund Advisors opened 33 new positions and exited 79, leaving the 3,625-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q3 2014 buy was Liberty Media Series C: 2,340,661 shares worth $58.8M.
- Dimensional Fund Advisors added most to ExxonMobil in Q3 2014, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q3 2014 reduction was Bank of America, cutting an estimated $154M.
- Dimensional Fund Advisors fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $121M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $141B portfolio in Q3 2014.
- Dimensional Fund Advisors opened 33 new positions and closed 79 in Q3 2014.
- Dimensional Fund Advisors's portfolio value fell 1.9% quarter-over-quarter to $141B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2014, filed 13 Nov 2014.