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 | |
|---|---|---|---|---|---|---|
601
Extra Space Storage
EXR
$32.2B
| $50.7M | 0.04% |
1,203,369
+70,186
| +6% | +$3.09M |
|
|
ORB
602
DELISTED
ORBITAL SCIENCES CORP
ORB
| $50.6M | 0.04% |
2,170,776
+125,712
| +6% | +$2.88M |
|
603
Sensient Technologies
SXT
$5.3B
| $50.5M | 0.04% |
1,041,775
+41,294
| +4% | +$2.06M |
|
|
TIVO
604
DELISTED
Tivo Inc
TIVO
| $50.5M | 0.04% |
2,562,886
+213,247
| +9% | +$3.9M |
|
605
Alexandria Real Estate Equities
ARE
$9.41B
| $50.4M | 0.04% |
792,159
+35,334
| +5% | +$2.27M |
|
606
SITE Centers
SITC
$235M
| $50.4M | 0.04% |
2,544,180
+220,732
| +10% | +$4.58M |
|
|
CRZO
607
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $50.2M | 0.04% |
1,122,410
+116,601
| +12% | +$4.96M |
|
608
Banco Santander
SAN
$200B
| $50.2M | 0.04% |
6,094,873
+146,826
| +2% | +$1.17M |
|
|
FNSR
609
DELISTED
Finisar Corp
FNSR
| $50.2M | 0.04% |
2,098,980
+222,548
| +12% | +$5.08M |
|
610
Macy's
M
$6.62B
| $50.1M | 0.04% |
938,716
-12,094
| -1% | -$586K |
|
|
NEWP
611
DELISTED
NEWPORT CORP
NEWP
| $50.1M | 0.04% |
2,773,026
-28,151
| -1% | -$461K |
|
612
Green Plains
GPRE
$1.15B
| $50M | 0.04% |
2,580,030
+18,381
| +0.7% | +$304K |
|
613
Enpro
NPO
$6.63B
| $49.9M | 0.04% |
865,793
+34,070
| +4% | +$1.95M |
|
|
HNT
614
DELISTED
HEALTH NET INC
HNT
| $49.9M | 0.04% |
1,682,236
+261,265
| +18% | +$7.82M |
|
615
Community Bank
CBU
$3.4B
| $49.9M | 0.04% |
1,256,655
+34,113
| +3% | +$1.26M |
|
|
FMER
616
DELISTED
FIRSTMERIT CORP
FMER
| $49.9M | 0.04% |
2,242,841
-464,234
| -17% | -$10.4M |
|
|
SF
617
Stifel
SF
$12.8B
| $49.8M | 0.04% |
2,337,982
+156,227
| +7% | +$3M |
|
618
Red Robin
RRGB
$139M
| $49.8M | 0.04% |
676,936
+10,279
| +2% | +$778K |
|
619
Mid-America Apartment Communities
MAA
$15.8B
| $49.7M | 0.04% |
818,338
+362,231
| +79% | +$22.6M |
|
|
LFC
620
DELISTED
China Life Insurance Company Ltd.
LFC
| $49.6M | 0.04% |
3,153,180
-23,409
| -0.7% | -$339K |
|
621
MasTec
MTZ
$24.7B
| $49.6M | 0.04% |
1,516,091
+145,932
| +11% | +$4.62M |
|
|
THS
622
DELISTED
Treehouse Foods
THS
| $49.6M | 0.04% |
718,963
+60,523
| +9% | +$4.26M |
|
623
Comtech Telecommunications
CMTL
$51.5M
| $49.5M | 0.04% |
1,571,868
-3,682
| -0.2% | -$110K |
|
|
EXXI
624
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $49.4M | 0.04% |
1,826,891
+1,019,389
| +126% | +$29.2M |
|
|
ISBC
625
DELISTED
Investors Bancorp, Inc.
ISBC
| $49.4M | 0.04% |
4,925,603
+827,196
| +20% | +$7.66M |
|
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.