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 |
Pfizer
PFE
|
+$243M |
| 2 |
ExxonMobil
XOM
|
+$154M |
| 3 |
AT&T
T
|
+$142M |
| 4 |
Intel
INTC
|
+$127M |
| 5 |
PACW
PacWest Bancorp
PACW
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CSE
CAPITALSOURCE INC
CSE
|
+$173M |
| 2 |
American International
AIG
|
+$148M |
| 3 |
Citigroup
C
|
+$142M |
| 4 |
Bank of America
BAC
|
+$114M |
| 5 |
JNY
JONES GROUP INC COM STK (PA)
JNY
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.57% |
| 2 | Industrials | 13.27% |
| 3 | Energy | 12.09% |
| 4 | Technology | 10.54% |
| 5 | Consumer Discretionary | 8.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VEDL
501
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $67.3M | 0.05% |
3,477,258
-25,916
| -0.7% | -$408K |
|
502
Regis Corp
RGS
$71.9M
| $67.2M | 0.05% |
238,707
+5,257
| +2% | +$1.43M |
|
503
Capitol Federal Financial
CFFN
$1.11B
| $67M | 0.05% |
5,512,211
+333,960
| +6% | +$4.06M |
|
|
PKD
504
DELISTED
Parker Drilling Company
PKD
| $67M | 0.05% |
684,627
+13,455
| +2% | +$1.33M |
|
|
LPT
505
DELISTED
Liberty Property Trust
LPT
| $66.7M | 0.05% |
1,759,052
+94,089
| +6% | +$3.57M |
|
|
HEES
506
DELISTED
H&E Equipment Services
HEES
| $66.7M | 0.05% |
1,834,449
+32,694
| +2% | +$1.2M |
|
507
Alexandria Real Estate Equities
ARE
$8.34B
| $66.5M | 0.05% |
856,704
+18,122
| +2% | +$1.36M |
|
|
CSC
508
DELISTED
Computer Sciences
CSC
| $66.4M | 0.05% |
2,492,023
+248,181
| +11% | +$6.42M |
|
509
First Commonwealth Financial
FCF
$2.17B
| $66.3M | 0.05% |
7,194,606
+337,870
| +5% | +$2.96M |
|
510
D.R. Horton
DHI
$40.8B
| $66.3M | 0.05% |
2,696,157
+108,763
| +4% | +$2.49M |
|
|
ENLC
511
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $66.1M | 0.05% |
1,586,094
-39,660
| -2% | -$1.52M |
|
512
KeyCorp
KEY
$24.3B
| $66M | 0.05% |
4,606,984
-230,291
| -5% | -$3.18M |
|
513
TSMC
TSM
$2.17T
| $65.9M | 0.05% |
3,082,586
+1,783,887
| +137% | +$36.7M |
|
|
PPLI
514
People Inc
PPLI
$3.2B
| $65.7M | 0.05% |
5,313,835
+398,337
| +8% | +$4.77M |
|
|
PXD
515
DELISTED
Pioneer Natural Resource Co.
PXD
| $65.7M | 0.05% |
286,127
-160,456
| -36% | -$33.1M |
|
|
CHMT
516
DELISTED
Chemtura Corporation
CHMT
| $65.6M | 0.05% |
2,511,605
+239,364
| +11% | +$5.9M |
|
|
OA
517
DELISTED
Orbital ATK, Inc.
OA
| $65.6M | 0.05% |
490,009
+29,182
| +6% | +$4.03M |
|
518
Dycom Industries
DY
$12B
| $65.3M | 0.05% |
2,087,233
+91,840
| +5% | +$2.86M |
|
|
VR
519
DELISTED
Validus Hold Ltd
VR
| $65.1M | 0.05% |
1,703,280
-23,079
| -1% | -$859K |
|
520
Lear
LEA
$7.93B
| $65.1M | 0.05% |
729,171
+142,715
| +24% | +$12.3M |
|
521
Sensient Technologies
SXT
$5.47B
| $65.1M | 0.05% |
1,167,503
+76,427
| +7% | +$4.15M |
|
522
ING
ING
$102B
| $65.1M | 0.05% |
4,639,879
-131,350
| -3% | -$1.85M |
|
523
Moog Inc Class A
MOG.A
$13B
| $65M | 0.05% |
891,781
-16,899
| -2% | -$1.16M |
|
524
Enpro
NPO
$7.12B
| $64.8M | 0.05% |
886,050
+15,629
| +2% | +$1.13M |
|
525
Mid-America Apartment Communities
MAA
$15.5B
| $64.7M | 0.05% |
885,420
+37,914
| +4% | +$2.68M |
|
Similar funds
Dimensional Fund Advisors's Q2 2014 Portfolio in Review
As of Q2 2014, Dimensional Fund Advisors held 3,651 positions worth $144B, up 7.5% from $134B the previous quarter. Its ten largest holdings account for 8.4% of the portfolio.
Dimensional Fund Advisors deployed $4.6B of net new capital in Q2 2014, opening 55 new positions and adding to 2,274 existing holdings. Its largest new stake was Washington Prime Group Inc.: 199,620 shares worth $33.7M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Energy.
On the sell side, the largest reduction was American International, an estimated $148M trimmed.
- Dimensional Fund Advisors's largest Q2 2014 buy was Washington Prime Group Inc.: 199,620 shares worth $33.7M.
- Dimensional Fund Advisors added most to Pfizer in Q2 2014, an estimated $243M increase.
- Dimensional Fund Advisors's biggest Q2 2014 reduction was American International, cutting an estimated $148M.
- Dimensional Fund Advisors fully exited CAPITALSOURCE INC in Q2 2014, selling an estimated $173M.
- Dimensional Fund Advisors's ten largest holdings make up 8.4% of its $144B portfolio in Q2 2014.
- Dimensional Fund Advisors opened 55 new positions and closed 60 in Q2 2014.
- Dimensional Fund Advisors's portfolio value rose 7.5% quarter-over-quarter to $144B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2014, filed 8 Aug 2014.