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 | |
|---|---|---|---|---|---|---|
|
TRK
526
DELISTED
Speedway Motorsports, Inc.
TRK
| $57M | 0.04% |
2,873,629
-1,016
| -0% | -$19.4K |
|
|
OA
527
DELISTED
Orbital ATK, Inc.
OA
| $57M | 0.04% |
468,586
+14,396
| +3% | +$1.63M |
|
|
EFOR
528
Everforth Inc
EFOR
$953M
| $56.7M | 0.04% |
1,623,837
-34,019
| -2% | -$1.13M |
|
529
Lennar Class A
LEN
$21.1B
| $56.6M | 0.04% |
1,503,621
-250,368
| -14% | -$8.45M |
|
|
XEC
530
DELISTED
CIMAREX ENERGY CO
XEC
| $56.6M | 0.04% |
539,875
+8,130
| +2% | +$823K |
|
|
TXI
531
DELISTED
TEXAS INDUSTRIES INC
TXI
| $56.4M | 0.04% |
820,057
-74,440
| -8% | -$4.38M |
|
|
IGTE
532
DELISTED
IGATE CORPORATION
IGTE
| $56.4M | 0.04% |
1,403,660
+45,398
| +3% | +$1.51M |
|
533
Stewart Information Services
STC
$2.11B
| $56.3M | 0.04% |
1,744,033
+84,147
| +5% | +$2.61M |
|
534
G-III Apparel Group
GIII
$1.55B
| $56.2M | 0.04% |
1,522,442
+51,972
| +4% | +$1.56M |
|
535
Telephone and Data Systems
TDS
$3.87B
| $56.2M | 0.04% |
2,178,344
+215,203
| +11% | +$6.09M |
|
536
Renasant Corp
RNST
$4.05B
| $55.9M | 0.04% |
1,776,662
-7,841
| -0.4% | -$229K |
|
537
Truist Financial
TFC
$64.7B
| $55.9M | 0.04% |
1,497,686
+40,300
| +3% | +$1.39M |
|
|
IVC
538
DELISTED
Invacare Corporation
IVC
| $55.8M | 0.04% |
2,406,269
+98,488
| +4% | +$2.04M |
|
539
General Dynamics
GD
$106B
| $55.8M | 0.04% |
584,474
+1,805
| +0.3% | +$161K |
|
540
Whirlpool
WHR
$2.49B
| $55.8M | 0.04% |
355,948
-47,691
| -12% | -$6.99M |
|
541
Minerals Technologies
MTX
$2.33B
| $55.8M | 0.04% |
928,961
+32,979
| +4% | +$1.86M |
|
542
PC Connection
CNXN
$2.1B
| $55.7M | 0.04% |
2,242,027
-5,470
| -0.2% | -$112K |
|
543
Kulicke & Soffa
KLIC
$4.76B
| $55.7M | 0.04% |
4,187,009
+593,225
| +17% | +$7.44M |
|
544
Terex
TEX
$7.84B
| $55.7M | 0.04% |
1,325,634
-230,019
| -15% | -$8.34M |
|
545
Standard Motor Products
SMP
$897M
| $55.4M | 0.04% |
1,504,322
-45,083
| -3% | -$1.55M |
|
|
BEAM
546
DELISTED
BEAM INC COM STK (DE)
BEAM
| $55.3M | 0.04% |
812,913
-8,586
| -1% | -$580K |
|
547
PVH
PVH
$4.01B
| $55.3M | 0.04% |
406,321
+59,634
| +17% | +$7.59M |
|
548
M&T Bank
MTB
$36.6B
| $55.2M | 0.04% |
474,517
+28,639
| +6% | +$3.25M |
|
549
Vail Resorts
MTN
$5.6B
| $55.2M | 0.04% |
733,692
+4,544
| +0.6% | +$328K |
|
550
Federal Signal
FSS
$7.19B
| $55.2M | 0.04% |
3,766,152
+49,264
| +1% | +$702K |
|
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.