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 | |
|---|---|---|---|---|---|---|
426
State Street
STT
$50.2B
| $69.3M | 0.05% |
943,810
+4,852
| +0.5% | +$340K |
|
427
Popular Inc
BPOP
$11.1B
| $69.3M | 0.05% |
2,410,434
-104,201
| -4% | -$2.82M |
|
428
Northwest Bancshares
NWBI
$2.33B
| $69M | 0.05% |
4,670,892
+266,014
| +6% | +$3.78M |
|
429
Euronet Worldwide
EEFT
$3.15B
| $68.9M | 0.05% |
1,439,295
+41,094
| +3% | +$1.85M |
|
|
CELG
430
DELISTED
Celgene Corp
CELG
| $68.9M | 0.05% |
814,992
+4,520
| +0.6% | +$358K |
|
431
Regis Corp
RGS
$68.2M
| $68.5M | 0.05% |
236,040
-1,938
| -0.8% | -$583K |
|
|
ISCA
432
DELISTED
International Speedway Corp
ISCA
| $68.3M | 0.05% |
1,925,074
+6,869
| +0.4% | +$230K |
|
433
HF Sinclair
DINO
$16.1B
| $68.3M | 0.05% |
1,374,350
-899
| -0.1% | -$41K |
|
434
Nelnet
NNI
$4.92B
| $67.7M | 0.05% |
1,607,062
+64,149
| +4% | +$2.71M |
|
435
Intercontinental Exchange
ICE
$86.4B
| $67.5M | 0.05% |
1,501,280
+711,390
| +90% | +$29.3M |
|
|
EPL
436
DELISTED
EPL OIL & GAS, INC COMMON STK
EPL
| $67.5M | 0.05% |
2,369,028
+52,121
| +2% | +$1.67M |
|
437
ING
ING
$95.1B
| $67.4M | 0.05% |
4,814,295
+2,244
| +0% | +$28.6K |
|
|
SPLS
438
DELISTED
Staples Inc
SPLS
| $67.2M | 0.05% |
4,228,461
+291,562
| +7% | +$4.55M |
|
|
DGI
439
DELISTED
DigitalGlobe Inc.
DGI
| $66.3M | 0.05% |
1,611,686
+231,019
| +17% | +$8.31M |
|
440
Tyler Technologies
TYL
$13.7B
| $66.2M | 0.05% |
648,539
-2,186
| -0.3% | -$212K |
|
441
Community Health Systems
CYH
$393M
| $66.2M | 0.05% |
2,038,534
+22,201
| +1% | +$763K |
|
|
CORE
442
DELISTED
Core Mark Holding Co., Inc.
CORE
| $66.1M | 0.05% |
3,482,424
-41,648
| -1% | -$746K |
|
443
Marriott Vacations Worldwide
VAC
$3.52B
| $66M | 0.05% |
1,250,310
+199,166
| +19% | +$10M |
|
444
Ford
F
$59.6B
| $65.9M | 0.05% |
4,272,480
+130,768
| +3% | +$2.19M |
|
445
Cigna
CI
$79.6B
| $65.8M | 0.05% |
752,084
-370,083
| -33% | -$30.3M |
|
|
MENT
446
DELISTED
Mentor Graphics Corp
MENT
| $65.7M | 0.05% |
2,730,223
+75,926
| +3% | +$1.72M |
|
447
UDR
UDR
$12.7B
| $65.7M | 0.05% |
2,813,990
+151,475
| +6% | +$3.63M |
|
|
IBKC
448
DELISTED
IBERIABANK Corp
IBKC
| $65.7M | 0.05% |
1,044,926
+104,008
| +11% | +$6.19M |
|
449
CNA Financial
CNA
$15B
| $65.7M | 0.05% |
1,530,998
-79,285
| -5% | -$3.21M |
|
|
BDBD
450
DELISTED
BOULDER BRANDS INC
BDBD
| $65.4M | 0.05% |
4,121,996
-9,728
| -0.2% | -$151K |
|
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.