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 | |
|---|---|---|---|---|---|---|
|
CHMT
551
DELISTED
Chemtura Corporation
CHMT
| $59.6M | 0.04% |
2,554,493
+42,888
| +2% | +$1.06M |
|
552
Asbury Automotive
ABG
$4.31B
| $59.5M | 0.04% |
924,061
+26,314
| +3% | +$1.82M |
|
|
BOBE
553
DELISTED
Bob Evans Farms, Inc.
BOBE
| $59.5M | 0.04% |
1,256,590
-160,277
| -11% | -$7.49M |
|
|
AIV
554
Aimco
AIV
$387M
| $59.4M | 0.04% |
14,022,110
+383,215
| +3% | +$1.71M |
|
|
PX
555
DELISTED
Praxair Inc
PX
| $59.3M | 0.04% |
459,907
+4,451
| +1% | +$584K |
|
|
FLG
556
Flagstar Bank National Association
FLG
$5.93B
| $59.3M | 0.04% |
1,246,027
+24,021
| +2% | +$1.15M |
|
557
Synaptics
SYNA
$4.19B
| $59.2M | 0.04% |
808,639
-867
| -0.1% | -$70.7K |
|
|
AGU
558
DELISTED
Agrium
AGU
| $59M | 0.04% |
662,660
+326,204
| +97% | +$30M |
|
559
Travel + Leisure Co
TNL
$4.66B
| $59M | 0.04% |
1,607,062
-7,498
| -0.5% | -$267K |
|
|
BRFS
560
DELISTED
BRF SA
BRFS
| $58.9M | 0.04% |
2,478,768
-57,849
| -2% | -$1.46M |
|
561
DaVita
DVA
$15.4B
| $58.9M | 0.04% |
805,198
+43,703
| +6% | +$3.2M |
|
562
Liberty Media Series C
FWONK
$24.6B
| $58.8M | 0.04% |
+2,340,661
| New | +$59.9M |
|
|
CSH
563
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $58.7M | 0.04% |
2,952,919
+346,473
| +13% | +$6.97M |
|
564
Hyster-Yale Materials Handling
HY
$599M
| $58.7M | 0.04% |
818,940
-16,460
| -2% | -$1.31M |
|
565
M&T Bank
MTB
$35.7B
| $58.6M | 0.04% |
475,389
-33,048
| -6% | -$4.07M |
|
566
State Street
STT
$50.6B
| $58.6M | 0.04% |
796,219
-108,150
| -12% | -$7.7M |
|
|
PRXL
567
DELISTED
Parexel International Corp
PRXL
| $58.6M | 0.04% |
928,112
-2,242
| -0.2% | -$128K |
|
568
Old National Bancorp
ONB
$10.2B
| $58.5M | 0.04% |
4,509,231
+548,277
| +14% | +$7.4M |
|
|
TUES
569
DELISTED
Tuesday Morning Corp
TUES
| $58.4M | 0.04% |
3,012,018
-135,131
| -4% | -$2.41M |
|
570
Kimberly-Clark
KMB
$36.3B
| $58.4M | 0.04% |
566,426
+10,591
| +2% | +$1.1M |
|
571
Dollar General
DG
$28B
| $58.3M | 0.04% |
954,256
+460,431
| +93% | +$27.6M |
|
572
Casey's General Stores
CASY
$32.2B
| $58.3M | 0.04% |
813,301
+92,519
| +13% | +$6.42M |
|
|
SEMG
573
DELISTED
SEMGROUP CORPORATION
SEMG
| $58.2M | 0.04% |
699,181
-405
| -0.1% | -$33.4K |
|
|
SPTN
574
DELISTED
SpartanNash
SPTN
| $58M | 0.04% |
2,980,184
+24,248
| +0.8% | +$514K |
|
575
Delta Air Lines
DAL
$57.5B
| $57.9M | 0.04% |
1,602,455
+58,549
| +4% | +$2.24M |
|
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.