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 | |
|---|---|---|---|---|---|---|
701
Grand Canyon Education
LOPE
$3.99B
| $44.7M | 0.03% |
1,024,130
+18,942
| +2% | +$831K |
|
|
MSCC
702
DELISTED
Microsemi Corp
MSCC
| $44.6M | 0.03% |
1,788,956
+142,313
| +9% | +$3.46M |
|
703
Enerpac Tool Group
EPAC
$1.9B
| $44.4M | 0.03% |
1,212,403
+10,696
| +0.9% | +$407K |
|
|
TCO
704
DELISTED
Taubman Centers Inc.
TCO
| $44.4M | 0.03% |
694,741
+20,706
| +3% | +$1.38M |
|
705
Hope Bancorp
HOPE
$1.8B
| $44.4M | 0.03% |
2,674,317
+74,873
| +3% | +$1.16M |
|
706
Genesco
GCO
$432M
| $44.3M | 0.03% |
606,713
+30,795
| +5% | +$2.15M |
|
707
Manitowoc
MTW
$527M
| $44.2M | 0.03% |
2,092,131
+173,971
| +9% | +$3.19M |
|
708
D.R. Horton
DHI
$42.3B
| $44.2M | 0.03% |
1,979,692
+9,941
| +0.5% | +$192K |
|
709
Emcor
EME
$31.4B
| $44.2M | 0.03% |
1,040,878
+9,190
| +0.9% | +$358K |
|
|
FTD
710
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $44.1M | 0.03% |
+1,354,564
| New | +$43.9M |
|
|
AIV
711
Aimco
AIV
$375M
| $44M | 0.03% |
12,757,423
+604,478
| +5% | +$2.17M |
|
|
ZLC
712
DELISTED
ZALE CORPORATION
ZLC
| $43.9M | 0.03% |
2,783,150
+22,300
| +0.8% | +$338K |
|
|
SVC
713
Service Properties Trust
SVC
$1.09B
| $43.9M | 0.03% |
327,015
+20,240
| +7% | +$2.82M |
|
|
PHIIK
714
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
| $43.9M | 0.03% |
1,010,953
+917
| +0.1% | +$37.1K |
|
|
DTV
715
DELISTED
DIRECTV COM STK (DE)
DTV
| $43.7M | 0.03% |
632,843
-9,917
| -2% | -$635K |
|
716
Altisource Portfolio Solutions
ASPS
$58.1M
| $43.7M | 0.03% |
34,427
-129
| -0.4% | -$156K |
|
717
ABM Industries
ABM
$2.88B
| $43.6M | 0.03% |
1,525,949
+73,678
| +5% | +$2.04M |
|
|
HNGR
718
DELISTED
Hanger Inc.
HNGR
| $43.5M | 0.03% |
1,105,365
+38,851
| +4% | +$1.43M |
|
|
ZOLT
719
DELISTED
ZOLTEK COMPANIES INC
ZOLT
| $43.5M | 0.03% |
2,595,308
-2,000
| -0.1% | -$33.4K |
|
|
HPY
720
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $43.5M | 0.03% |
871,833
+24,076
| +3% | +$1.04M |
|
721
Barrett Business Services
BBSI
$1.01B
| $43.4M | 0.03% |
1,872,940
-5,256
| -0.3% | -$107K |
|
722
Primerica
PRI
$10B
| $43.4M | 0.03% |
1,011,939
+51,048
| +5% | +$2.16M |
|
|
ATMI
723
DELISTED
A T M I INC
ATMI
| $43.3M | 0.03% |
1,432,203
+12,718
| +0.9% | +$363K |
|
724
Adeia
ADEA
$2.77B
| $43.2M | 0.03% |
8,291,831
-509,854
| -6% | -$2.6M |
|
|
SWY
725
DELISTED
SAFEWAY INC
SWY
| $43.2M | 0.03% |
1,481,640
-796,043
| -35% | -$23.9M |
|
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.