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 | |
|---|---|---|---|---|---|---|
476
Johnson Controls International
JCI
$84.7B
| $55.4M | 0.05% |
1,273,975
-231,191
| -15% | -$9.8M |
|
477
Safety Insurance
SAFT
$1.52B
| $55.4M | 0.05% |
1,045,549
+963
| +0.1% | +$50.4K |
|
478
Camden Property Trust
CPT
$11.8B
| $55.3M | 0.05% |
900,304
+27,717
| +3% | +$1.86M |
|
479
Domino's
DPZ
$10B
| $55.2M | 0.05% |
812,537
-49,185
| -6% | -$3.11M |
|
|
MON
480
DELISTED
Monsanto Co
MON
| $55.1M | 0.05% |
528,251
+1,822
| +0.3% | +$183K |
|
481
Assured Guaranty
AGO
$3.15B
| $55.1M | 0.05% |
2,940,187
+154,155
| +6% | +$3.26M |
|
|
MW
482
DELISTED
THE MENS WAREHOUSE INC
MW
| $55M | 0.05% |
1,616,401
+92,477
| +6% | +$3.51M |
|
|
EFOR
483
Everforth Inc
EFOR
$1.36B
| $54.7M | 0.05% |
1,657,856
-104,066
| -6% | -$3.23M |
|
484
Caterpillar
CAT
$361B
| $54.6M | 0.05% |
655,468
+10,083
| +2% | +$853K |
|
485
ING
ING
$105B
| $54.6M | 0.05% |
4,812,051
+3,783
| +0.1% | +$40.8K |
|
486
UGI
UGI
$8.08B
| $54.5M | 0.05% |
2,087,852
+274,496
| +15% | +$7.36M |
|
487
Delek US
DK
$4.73B
| $54.2M | 0.05% |
2,568,223
+61,320
| +2% | +$1.62M |
|
488
Kelly Services Class A
KELYA
$566M
| $54.1M | 0.05% |
2,780,168
+60,956
| +2% | +$1.16M |
|
489
The Greenbrier Companies
GBX
$1.33B
| $54M | 0.05% |
2,183,416
+136,473
| +7% | +$3.17M |
|
490
Toll Brothers
TOL
$12.4B
| $53.7M | 0.05% |
1,657,081
+8,189
| +0.5% | +$265K |
|
|
SGY
491
DELISTED
Stone Energy
SGY
| $53.6M | 0.05% |
29,069
+9,394
| +48% | +$14.6M |
|
|
DRE
492
DELISTED
Duke Realty Corp.
DRE
| $53.3M | 0.05% |
3,454,616
+130,937
| +4% | +$2.06M |
|
|
CVSA
493
Covista Inc
CVSA
$4.34B
| $53.3M | 0.05% |
1,744,762
+445,295
| +34% | +$13.7M |
|
494
Aflac
AFL
$59B
| $53.1M | 0.05% |
1,714,158
+34,470
| +2% | +$1.04M |
|
|
BEAM
495
DELISTED
BEAM INC COM STK (DE)
BEAM
| $53.1M | 0.05% |
821,499
+25,249
| +3% | +$1.62M |
|
496
Stewart Information Services
STC
$2.02B
| $53.1M | 0.05% |
1,659,886
+50,727
| +3% | +$1.55M |
|
|
UNTD
497
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $53.1M | 0.05% |
950,416
+45,222
| +5% | +$2.54M |
|
498
TETRA Technologies
TTI
$961M
| $52.8M | 0.05% |
4,217,303
+273,173
| +7% | +$3.12M |
|
499
Associated Banc-Corp
ASB
$5.71B
| $52.8M | 0.05% |
3,407,520
+199,923
| +6% | +$3.29M |
|
500
Kohl's
KSS
$1.84B
| $52.7M | 0.05% |
1,019,135
+276,867
| +37% | +$14.5M |
|
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.