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 | |
|---|---|---|---|---|---|---|
451
T-Mobile US
TMUS
$196B
| $65.3M | 0.05% |
1,940,754
-20,652
| -1% | -$566K |
|
452
Skywest
SKYW
$4.51B
| $65.2M | 0.05% |
4,398,455
+19,616
| +0.4% | +$299K |
|
453
Teleflex
TFX
$5.94B
| $65.2M | 0.05% |
694,591
-7,581
| -1% | -$695K |
|
454
CTS Corp
CTS
$1.85B
| $65M | 0.05% |
3,266,420
-400
| -0% | -$7.14K |
|
455
UGI
UGI
$7.92B
| $64.4M | 0.05% |
2,328,983
+241,131
| +12% | +$6.5M |
|
|
AGN
456
DELISTED
Allergan plc
AGN
| $64.2M | 0.05% |
382,413
+65,939
| +21% | +$10.3M |
|
|
PVTB
457
DELISTED
PrivateBancorp Inc
PVTB
| $64.1M | 0.05% |
2,215,261
+78,128
| +4% | +$2.01M |
|
458
Johnson Controls International
JCI
$85.6B
| $64.1M | 0.05% |
1,192,743
-81,232
| -6% | -$4M |
|
459
Matsons
MATX
$6.15B
| $63.9M | 0.05% |
2,449,031
-12,470
| -0.5% | -$321K |
|
|
KRFT
460
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $63.8M | 0.05% |
1,182,824
-11,092
| -0.9% | -$592K |
|
|
FITB
461
Fifth Third Bancorp
FITB
$52.4B
| $63.8M | 0.05% |
3,032,212
+154,975
| +5% | +$3.04M |
|
462
Cleveland-Cliffs
CLF
$6.84B
| $63.7M | 0.05% |
2,430,501
+1,235,512
| +103% | +$30.5M |
|
|
TAL
463
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $63.7M | 0.05% |
1,110,366
-109,135
| -9% | -$5.62M |
|
464
Western Alliance Bancorporation
WAL
$9.13B
| $63.7M | 0.05% |
2,668,315
+63,678
| +2% | +$1.39M |
|
465
Assured Guaranty
AGO
$3.79B
| $63.6M | 0.05% |
2,695,653
-244,534
| -8% | -$5.32M |
|
466
KeyCorp
KEY
$24.3B
| $63.5M | 0.05% |
4,734,441
-2,783,139
| -37% | -$35.2M |
|
|
DD
467
DELISTED
Du Pont De Nemours E I
DD
| $63.5M | 0.05% |
1,028,487
+31,185
| +3% | +$1.8M |
|
|
BRCD
468
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $63.4M | 0.05% |
7,152,382
+775,743
| +12% | +$6.47M |
|
469
Saia
SAIA
$10.9B
| $63.4M | 0.05% |
1,977,614
-92,001
| -4% | -$3.01M |
|
470
Associated Banc-Corp
ASB
$5.86B
| $63.2M | 0.05% |
3,631,067
+223,547
| +7% | +$3.72M |
|
471
Movado Group
MOV
$846M
| $63.1M | 0.05% |
1,433,191
+8,674
| +0.6% | +$389K |
|
472
Granite Construction
GVA
$5.31B
| $62.9M | 0.05% |
1,798,975
+116,153
| +7% | +$3.65M |
|
|
DNR
473
DELISTED
Denbury Resources, Inc.
DNR
| $62.9M | 0.05% |
3,827,746
+337,318
| +10% | +$5.96M |
|
474
First Merchants
FRME
$2.74B
| $62.5M | 0.05% |
2,747,558
+618,988
| +29% | +$12.4M |
|
475
Gray Television
GTN
$430M
| $62.5M | 0.05% |
4,202,343
+208,595
| +5% | +$2.21M |
|
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.