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 | |
|---|---|---|---|---|---|---|
|
VEDL
676
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $41M | 0.04% |
3,638,030
-22,700
| -0.6% | -$222K |
|
|
AFSI
677
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $40.9M | 0.04% |
2,096,212
-2,716
| -0.1% | -$50.5K |
|
678
Middleby
MIDD
$5.08B
| $40.7M | 0.04% |
584,163
-33,933
| -5% | -$2.18M |
|
679
Photronics
PLAB
$1.64B
| $40.6M | 0.04% |
5,180,887
+44,291
| +0.9% | +$347K |
|
680
Belden
BDC
$4.4B
| $40.5M | 0.04% |
632,303
-5,954
| -0.9% | -$349K |
|
681
Grand Canyon Education
LOPE
$4.01B
| $40.5M | 0.04% |
1,005,188
+32,018
| +3% | +$1.14M |
|
682
Kilroy Realty
KRC
$4B
| $40.5M | 0.04% |
809,895
+36,989
| +5% | +$1.91M |
|
|
ODP
683
DELISTED
ODP
ODP
| $40.4M | 0.04% |
837,094
+6,544
| +0.8% | +$282K |
|
|
PRSU
684
Pursuit Attractions and Hospitality Inc
PRSU
$1.33B
| $40.4M | 0.04% |
1,892,400
-7,503
| -0.4% | -$160K |
|
685
Home BancShares
HOMB
$5.95B
| $40.4M | 0.03% |
2,658,730
+97,710
| +4% | +$1.34M |
|
686
Emcor
EME
$32.6B
| $40.4M | 0.03% |
1,031,688
-19,635
| -2% | -$796K |
|
687
Newmont
NEM
$128B
| $40.3M | 0.03% |
1,436,178
+27,641
| +2% | +$819K |
|
688
Celldex Therapeutics
CLDX
$3.04B
| $40.3M | 0.03% |
75,827
-2,002
| -3% | -$686K |
|
|
WMGI
689
DELISTED
Wright Medical Group Inc
WMGI
| $40.3M | 0.03% |
1,544,176
+72,428
| +5% | +$1.89M |
|
|
RDUS
690
DELISTED
Radius Recycling
RDUS
| $40.2M | 0.03% |
1,461,494
+89,184
| +6% | +$2.33M |
|
691
Applied Industrial Technologies
AIT
$11.6B
| $40.2M | 0.03% |
779,757
-2,373
| -0.3% | -$120K |
|
692
Ennis
EBF
$540M
| $40.2M | 0.03% |
2,225,918
+4,063
| +0.2% | +$74K |
|
693
Huntington Ingalls Industries
HII
$11B
| $40.1M | 0.03% |
595,698
-10,332
| -2% | -$659K |
|
694
G-III Apparel Group
GIII
$1.21B
| $40.1M | 0.03% |
1,470,470
+78,778
| +6% | +$2.01M |
|
695
Oshkosh
OSK
$8.95B
| $40M | 0.03% |
817,288
-232,412
| -22% | -$10.3M |
|
|
SF
696
Stifel
SF
$11.4B
| $40M | 0.03% |
2,181,755
+28,640
| +1% | +$500K |
|
697
Regeneron Pharmaceuticals
REGN
$79.7B
| $40M | 0.03% |
127,762
+1,006
| +0.8% | +$265K |
|
|
MSCC
698
DELISTED
Microsemi Corp
MSCC
| $39.9M | 0.03% |
1,646,643
+55,004
| +3% | +$1.38M |
|
|
IVC
699
DELISTED
Invacare Corporation
IVC
| $39.9M | 0.03% |
2,307,781
+36,010
| +2% | +$572K |
|
700
Mueller Industries
MLI
$13.4B
| $39.8M | 0.03% |
5,724,792
-144,200
| -2% | -$993K |
|
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.