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 | |
|---|---|---|---|---|---|---|
|
CRZO
426
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $74.3M | 0.05% |
1,379,894
-13,463
| -1% | -$822K |
|
427
Costco
COST
$422B
| $73.9M | 0.05% |
589,341
+4,040
| +0.7% | +$488K |
|
|
BAS
428
DELISTED
Basis Energy Services, Inc.
BAS
| $73.8M | 0.05% |
5,972
+459
| +8% | +$6.5M |
|
429
Alaska Air
ALK
$5.29B
| $73.4M | 0.05% |
1,686,248
-442
| -0% | -$20.5K |
|
|
NAVG
430
DELISTED
Navigators Group Inc
NAVG
| $73.4M | 0.05% |
2,386,752
+11,196
| +0.5% | +$356K |
|
431
International Bancshares
IBOC
$4.76B
| $73.4M | 0.05% |
2,973,987
+58,872
| +2% | +$1.53M |
|
432
Old Republic International
ORI
$10.5B
| $73.2M | 0.05% |
5,128,008
+16,989
| +0.3% | +$259K |
|
|
PBCT
433
DELISTED
People's United Financial Inc
PBCT
| $73M | 0.05% |
5,041,861
-54
| -0% | -$802 |
|
434
AGCO
AGCO
$7.4B
| $72.8M | 0.05% |
1,602,212
+43,247
| +3% | +$2.14M |
|
|
RDC
435
DELISTED
Rowan Companies Plc
RDC
| $72.5M | 0.05% |
2,864,185
-89,671
| -3% | -$2.64M |
|
436
Camden Property Trust
CPT
$11B
| $72.5M | 0.05% |
1,057,260
+13,009
| +1% | +$943K |
|
|
HEES
437
DELISTED
H&E Equipment Services
HEES
| $72.4M | 0.05% |
1,798,566
-35,883
| -2% | -$1.4M |
|
438
Marvell Technology
MRVL
$168B
| $72.2M | 0.05% |
5,354,114
-211,804
| -4% | -$2.92M |
|
|
NFX
439
DELISTED
Newfield Exploration
NFX
| $72.1M | 0.05% |
1,945,574
+92,200
| +5% | +$3.82M |
|
440
UFP Industries
UFPI
$4.9B
| $71.9M | 0.05% |
5,047,944
-37,182
| -0.7% | -$573K |
|
441
Nelnet
NNI
$4.88B
| $71.4M | 0.05% |
1,657,432
+30,121
| +2% | +$1.29M |
|
442
Lockheed Martin
LMT
$134B
| $71.4M | 0.05% |
390,544
+10,304
| +3% | +$1.75M |
|
|
WIN
443
DELISTED
Windstream Holdings Inc
WIN
| $71.4M | 0.05% |
845,319
+18,579
| +2% | +$1.59M |
|
444
Whirlpool
WHR
$2.43B
| $71.2M | 0.05% |
488,571
+119,725
| +32% | +$17.7M |
|
445
Texas Instruments
TXN
$252B
| $71.2M | 0.05% |
1,492,239
+17,465
| +1% | +$837K |
|
|
GLF
446
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $71M | 0.05% |
2,264,542
-9,193
| -0.4% | -$359K |
|
447
Caleres
CAL
$431M
| $70.9M | 0.05% |
2,614,445
+7,875
| +0.3% | +$227K |
|
|
SNV
448
DELISTED
Synovus
SNV
| $70.9M | 0.05% |
2,999,978
-80,995
| -3% | -$1.94M |
|
|
AAN.A
449
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $70.9M | 0.05% |
2,915,203
+304,162
| +12% | +$7.4M |
|
|
COHR
450
DELISTED
Coherent Inc
COHR
| $70.8M | 0.05% |
1,152,837
-7,805
| -0.7% | -$492K |
|
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.