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 | |
|---|---|---|---|---|---|---|
|
VIAB
576
DELISTED
Viacom Inc. Class B
VIAB
| $47.2M | 0.04% |
564,307
-883
| -0.2% | -$68.3K |
|
|
UAM
577
DELISTED
Universal American Corp
UAM
| $47.1M | 0.04% |
6,175,681
+81,892
| +1% | +$718K |
|
578
SITE Centers
SITC
$151M
| $47M | 0.04% |
2,323,448
+291,260
| +14% | +$6.17M |
|
579
Azenta
AZTA
$1.45B
| $46.8M | 0.04% |
5,031,474
+97,766
| +2% | +$937K |
|
580
Churchill Downs
CHDN
$5.72B
| $46.8M | 0.04% |
3,247,464
+6,966
| +0.2% | +$96.6K |
|
|
SUSS
581
DELISTED
SUSSER HOLDINGS CORPORATION COMMON STOCK
SUSS
| $46.8M | 0.04% |
880,105
+37,217
| +4% | +$1.86M |
|
|
DHC
582
Diversified Healthcare Trust
DHC
$1.9B
| $46.7M | 0.04% |
2,018,763
+97,975
| +5% | +$2.37M |
|
583
Enerpac Tool Group
EPAC
$1.84B
| $46.7M | 0.04% |
1,201,707
-19,522
| -2% | -$709K |
|
|
LL
584
DELISTED
LL Flooring Holdings, Inc.
LL
| $46.7M | 0.04% |
437,520
+8,827
| +2% | +$855K |
|
585
Texas Instruments
TXN
$237B
| $46.6M | 0.04% |
1,158,136
+16,097
| +1% | +$625K |
|
586
Asbury Automotive
ABG
$3.51B
| $46.6M | 0.04% |
876,210
-6,568
| -0.7% | -$323K |
|
|
B
587
DELISTED
Barnes Group Inc.
B
| $46.3M | 0.04% |
1,326,625
+43,390
| +3% | +$1.42M |
|
588
Marriott Vacations Worldwide
VAC
$3.45B
| $46.3M | 0.04% |
1,051,144
+156,147
| +17% | +$6.96M |
|
|
PNK
589
DELISTED
Pinnacle Entertainment Inc.
PNK
| $46.2M | 0.04% |
1,843,708
-16,872
| -0.9% | -$378K |
|
590
Marten Transport
MRTN
$1.11B
| $46.2M | 0.04% |
6,730,450
+147,492
| +2% | +$1.02M |
|
|
FTR
591
DELISTED
Frontier Communications Corp.
FTR
| $46.1M | 0.04% |
736,450
+179,258
| +32% | +$11.7M |
|
592
Capitol Federal Financial
CFFN
$1.08B
| $46M | 0.04% |
3,697,626
+784,580
| +27% | +$9.83M |
|
|
EXAR
593
DELISTED
Exar Corporation
EXAR
| $45.8M | 0.04% |
3,412,319
-45,544
| -1% | -$579K |
|
|
PVTB
594
DELISTED
PrivateBancorp Inc
PVTB
| $45.7M | 0.04% |
2,137,133
+34,103
| +2% | +$781K |
|
|
NYX
595
DELISTED
NYSE EURONEXT INC
NYX
| $45.6M | 0.04% |
1,085,884
-96,258
| -8% | -$4.04M |
|
|
AGN
596
DELISTED
Allergan plc
AGN
| $45.6M | 0.04% |
316,474
+6,073
| +2% | +$809K |
|
|
SSI
597
DELISTED
Stage Stores Inc
SSI
| $45.5M | 0.04% |
2,370,531
+29,827
| +1% | +$657K |
|
|
TCO
598
DELISTED
Taubman Centers Inc.
TCO
| $45.4M | 0.04% |
674,035
+28,393
| +4% | +$2.04M |
|
|
ASCMA
599
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $45.3M | 0.04% |
562,254
-10,794
| -2% | -$849K |
|
|
PLCM
600
DELISTED
POLYCOM INC
PLCM
| $45.3M | 0.04% |
4,150,989
+1,044,800
| +34% | +$10.9M |
|
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.