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 | |
|---|---|---|---|---|---|---|
501
Dycom Industries
DY
$8.67B
| $52.7M | 0.05% |
1,881,789
-105,463
| -5% | -$2.76M |
|
502
Nike
NKE
$53.1B
| $52.7M | 0.05% |
1,449,506
+51,398
| +4% | +$1.68M |
|
503
Moog Inc Class A
MOG.A
$11.3B
| $52.5M | 0.05% |
894,349
-1,474
| -0.2% | -$81.7K |
|
504
Terex
TEX
$6.69B
| $52.3M | 0.05% |
1,555,653
-7,165
| -0.5% | -$217K |
|
505
Booking.com
BKNG
$128B
| $52.3M | 0.05% |
1,292,325
+58,975
| +5% | +$2.21M |
|
506
Colgate-Palmolive
CL
$69.2B
| $52.2M | 0.05% |
879,619
+22,702
| +3% | +$1.35M |
|
507
Service Corp International
SCI
$10.9B
| $52.1M | 0.05% |
2,797,424
-19,194
| -0.7% | -$357K |
|
|
FITB
508
Fifth Third Bancorp
FITB
$47.3B
| $51.9M | 0.04% |
2,877,237
-1,710
| -0.1% | -$32.2K |
|
509
Extra Space Storage
EXR
$28.8B
| $51.8M | 0.04% |
1,133,183
+44,828
| +4% | +$1.94M |
|
|
MGLN
510
DELISTED
Magellan Health Services, Inc.
MGLN
| $51.8M | 0.04% |
864,595
+74,568
| +9% | +$4.32M |
|
|
TCF
511
DELISTED
TCF Financial Corporation Common Stock
TCF
| $51.8M | 0.04% |
1,856,388
+4,789
| +0.3% | +$136K |
|
512
Marvell Technology
MRVL
$205B
| $51.6M | 0.04% |
4,484,452
+1,353,054
| +43% | +$16.7M |
|
513
CTS Corp
CTS
$1.62B
| $51.5M | 0.04% |
3,266,820
-7,285
| -0.2% | -$106K |
|
514
Granite Construction
GVA
$5.13B
| $51.5M | 0.04% |
1,682,822
+34,748
| +2% | +$1.05M |
|
|
TRK
515
DELISTED
Speedway Motorsports, Inc.
TRK
| $51.5M | 0.04% |
2,874,645
+83,701
| +3% | +$1.54M |
|
|
BRCD
516
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $51.3M | 0.04% |
6,376,639
+42,086
| +0.7% | +$301K |
|
|
WIRE
517
DELISTED
Encore Wire Corp
WIRE
| $51.3M | 0.04% |
1,300,147
-19,767
| -1% | -$771K |
|
|
XEC
518
DELISTED
CIMAREX ENERGY CO
XEC
| $51.3M | 0.04% |
531,745
-14,699
| -3% | -$1.19M |
|
519
FNB Corp
FNB
$6.34B
| $51M | 0.04% |
4,205,693
-49,468
| -1% | -$621K |
|
|
SWC
520
DELISTED
Stillwater Mining Co
SWC
| $51M | 0.04% |
4,632,419
+510,449
| +12% | +$5.91M |
|
521
Pearson
PSO
$9.54B
| $51M | 0.04% |
2,507,490
-48,077
| -2% | -$959K |
|
522
General Dynamics
GD
$97B
| $51M | 0.04% |
582,669
-117,673
| -17% | -$9.99M |
|
523
T-Mobile US
TMUS
$186B
| $50.9M | 0.04% |
1,961,406
-259
| -0% | -$6.33K |
|
|
NPBC
524
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $50.7M | 0.04% |
5,044,592
+42,529
| +0.9% | +$449K |
|
525
Eli Lilly
LLY
$1.01T
| $50.6M | 0.04% |
1,005,741
+7,881
| +0.8% | +$413K |
|
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.