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 |
ExxonMobil
XOM
|
+$214M |
| 2 |
AT&T
T
|
+$140M |
| 3 |
GE Aerospace
GE
|
+$128M |
| 4 |
Cisco
CSCO
|
+$86.5M |
| 5 |
Chevron
CVX
|
+$81.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$154M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$121M |
| 3 |
American International
AIG
|
+$104M |
| 4 |
Avis
CAR
|
+$102M |
| 5 |
Citigroup
C
|
+$91.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.56% |
| 2 | Industrials | 13.08% |
| 3 | Energy | 11.62% |
| 4 | Technology | 10.78% |
| 5 | Healthcare | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Sony
SONY
$137B
| $61.6M | 0.04% |
17,079,005
-287,180
| -2% | -$1.03M |
|
527
First Commonwealth Financial
FCF
$2.18B
| $61.5M | 0.04% |
7,330,055
+135,449
| +2% | +$1.2M |
|
528
E.W. Scripps
SSP
$257M
| $61.4M | 0.04% |
4,241,400
+13,351
| +0.3% | +$236K |
|
|
DWA
529
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $61.3M | 0.04% |
2,246,773
-502,263
| -18% | -$11.2M |
|
530
Popular Inc
BPOP
$11.2B
| $61.1M | 0.04% |
2,076,990
-57,056
| -3% | -$1.82M |
|
531
Cal-Maine
CALM
$4.12B
| $61M | 0.04% |
1,364,984
+55,558
| +4% | +$2.2M |
|
532
Regency Centers
REG
$14.7B
| $61M | 0.04% |
1,132,274
+36,419
| +3% | +$2.03M |
|
|
MENT
533
DELISTED
Mentor Graphics Corp
MENT
| $60.9M | 0.04% |
2,971,368
+35,196
| +1% | +$752K |
|
|
VEDL
534
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $60.9M | 0.04% |
3,526,042
+48,784
| +1% | +$920K |
|
535
Pilgrim's Pride
PPC
$6.51B
| $60.6M | 0.04% |
1,984,253
-28,646
| -1% | -$865K |
|
536
Kilroy Realty
KRC
$4.52B
| $60.5M | 0.04% |
1,018,232
+23,609
| +2% | +$1.47M |
|
|
ALJ
537
DELISTED
Alon USA Energy Inc
ALJ
| $60.4M | 0.04% |
4,207,938
+248,442
| +6% | +$3.6M |
|
538
Minerals Technologies
MTX
$2.36B
| $60.4M | 0.04% |
978,776
+11,424
| +1% | +$712K |
|
|
LPT
539
DELISTED
Liberty Property Trust
LPT
| $60.3M | 0.04% |
1,814,240
+55,188
| +3% | +$1.98M |
|
540
Mid-America Apartment Communities
MAA
$15.4B
| $60.3M | 0.04% |
918,317
+32,897
| +4% | +$2.34M |
|
|
AMRI
541
DELISTED
Albany Molecular Research Inc
AMRI
| $60.2M | 0.04% |
2,727,687
+11,442
| +0.4% | +$234K |
|
|
STL
542
DELISTED
Sterling Bancorp
STL
| $60.1M | 0.04% |
4,701,156
+160,500
| +4% | +$1.99M |
|
543
Standex International
SXI
$3.59B
| $60M | 0.04% |
809,293
+9,505
| +1% | +$688K |
|
544
Toll Brothers
TOL
$13.6B
| $59.9M | 0.04% |
1,923,089
+171,636
| +10% | +$5.88M |
|
|
SAFM
545
DELISTED
Sanderson Farms Inc
SAFM
| $59.9M | 0.04% |
680,680
+31,305
| +5% | +$2.96M |
|
546
Ingredion
INGR
$6.27B
| $59.7M | 0.04% |
788,243
+110,032
| +16% | +$8.55M |
|
547
McKesson
MCK
$100B
| $59.7M | 0.04% |
306,531
+6,164
| +2% | +$1.19M |
|
548
Granite Construction
GVA
$5.29B
| $59.7M | 0.04% |
1,875,808
-82,719
| -4% | -$2.85M |
|
549
United Fire Group
UFCS
$1.32B
| $59.6M | 0.04% |
2,147,531
-7,157
| -0.3% | -$207K |
|
550
Columbia Banking Systems
COLB
$8.84B
| $59.6M | 0.04% |
2,402,745
+67,875
| +3% | +$1.75M |
|
Similar funds
Dimensional Fund Advisors's Q3 2014 Portfolio in Review
As of Q3 2014, Dimensional Fund Advisors held 3,625 positions worth $141B, down 1.9% from $144B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 3.1%. Dimensional Fund Advisors opened 33 new positions and exited 79, leaving the 3,625-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q3 2014 buy was Liberty Media Series C: 2,340,661 shares worth $58.8M.
- Dimensional Fund Advisors added most to ExxonMobil in Q3 2014, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q3 2014 reduction was Bank of America, cutting an estimated $154M.
- Dimensional Fund Advisors fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $121M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $141B portfolio in Q3 2014.
- Dimensional Fund Advisors opened 33 new positions and closed 79 in Q3 2014.
- Dimensional Fund Advisors's portfolio value fell 1.9% quarter-over-quarter to $141B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2014, filed 13 Nov 2014.