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 | |
|---|---|---|---|---|---|---|
676
Middleby
MIDD
$6.11B
| $45.9M | 0.04% |
573,378
-10,785
| -2% | -$798K |
|
|
ANAT
677
DELISTED
American National Group, Inc. Common Stock
ANAT
| $45.9M | 0.04% |
400,412
+2,999
| +0.8% | +$322K |
|
|
BBT
678
Beacon Financial Corp
BBT
$2.51B
| $45.8M | 0.04% |
1,681,119
+12,547
| +0.8% | +$326K |
|
|
CGX
679
DELISTED
CONSOLIDATED GRAPHICS INC
CGX
| $45.8M | 0.04% |
678,894
+3,908
| +0.6% | +$245K |
|
680
West Pharmaceutical
WST
$23.7B
| $45.8M | 0.04% |
933,172
-4,656
| -0.5% | -$218K |
|
681
Belden
BDC
$4.09B
| $45.8M | 0.04% |
649,585
+17,282
| +3% | +$1.17M |
|
682
UNIFI
UFI
$121M
| $45.7M | 0.04% |
1,676,710
-7,703
| -0.5% | -$195K |
|
683
SunCoke Energy
SXC
$779M
| $45.6M | 0.04% |
2,000,590
+316,963
| +19% | +$6.54M |
|
|
TFCF
684
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $45.6M | 0.04% |
1,318,301
-104,993
| -7% | -$3.5M |
|
|
UAM
685
DELISTED
Universal American Corp
UAM
| $45.6M | 0.04% |
6,244,758
+69,077
| +1% | +$516K |
|
|
PRSU
686
Pursuit Attractions and Hospitality Inc
PRSU
$1.48B
| $45.4M | 0.04% |
1,735,022
-157,378
| -8% | -$3.75M |
|
|
XLS
687
DELISTED
EXELIS INC COM STK
XLS
| $45.3M | 0.04% |
2,546,248
+127,474
| +5% | +$2.03M |
|
688
Molina Healthcare
MOH
$10.5B
| $45.3M | 0.04% |
1,302,895
+30,490
| +2% | +$1.03M |
|
689
Seagate
STX
$169B
| $45.3M | 0.04% |
805,873
-29,887
| -4% | -$1.48M |
|
690
CoStar Group
CSGP
$12.4B
| $45.2M | 0.04% |
2,449,000
-48,900
| -2% | -$865K |
|
|
MDC
691
DELISTED
M.D.C. Holdings, Inc.
MDC
| $45.1M | 0.04% |
1,942,581
+284,237
| +17% | +$6.03M |
|
692
Sanofi
SNY
$109B
| $45.1M | 0.04% |
840,744
-7,779
| -0.9% | -$401K |
|
|
SI
693
DELISTED
SIEMENS AKTIENGESELLSCHAFT ADS
SI
| $45.1M | 0.04% |
325,351
-2,530
| -0.8% | -$326K |
|
|
ACTA
694
DELISTED
Actua Corp
ACTA
| $45M | 0.04% |
2,414,105
+30,234
| +1% | +$510K |
|
|
LVNTA
695
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $44.8M | 0.03% |
1,488,216
+419,511
| +39% | +$11.3M |
|
|
RJET
696
DELISTED
REPUBLIC AWYS HLDGS INC
RJET
| $44.8M | 0.03% |
4,188,802
+5,299
| +0.1% | +$57.5K |
|
|
TCF
697
DELISTED
TCF Financial Corporation
TCF
| $44.8M | 0.03% |
2,755,536
+176,279
| +7% | +$2.73M |
|
|
ZINC
698
DELISTED
HORSEHEAD HLDG CORP COM STK (DE)
ZINC
| $44.7M | 0.03% |
2,757,795
+91,214
| +3% | +$1.26M |
|
|
CMD
699
DELISTED
Cantel Medical Corporation
CMD
| $44.7M | 0.03% |
1,318,134
+26,140
| +2% | +$906K |
|
700
Kilroy Realty
KRC
$4.5B
| $44.7M | 0.03% |
890,293
+80,398
| +10% | +$4.12M |
|
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.