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 | |
|---|---|---|---|---|---|---|
801
Advanced Energy
AEIS
$10.9B
| $39.5M | 0.03% |
1,729,123
-3,178
| -0.2% | -$68.1K |
|
802
Gaming and Leisure Properties
GLPI
$13B
| $39.5M | 0.03% |
+776,761
| New | +$36.9M |
|
|
NFX
803
DELISTED
Newfield Exploration
NFX
| $39.4M | 0.03% |
1,601,687
+576,478
| +56% | +$16.2M |
|
804
Dominion Energy
D
$62.1B
| $39.4M | 0.03% |
609,363
+19,866
| +3% | +$1.28M |
|
805
Northern Trust
NTRS
$22.2B
| $39.4M | 0.03% |
635,876
+3,055
| +0.5% | +$175K |
|
806
Ennis
EBF
$554M
| $39.3M | 0.03% |
2,222,306
-3,612
| -0.2% | -$64.4K |
|
|
ELNK
807
DELISTED
EarthLink Holdings Corp.
ELNK
| $39.3M | 0.03% |
7,756,991
+15,574
| +0.2% | +$79.5K |
|
808
Huron Consulting
HURN
$1.97B
| $39.3M | 0.03% |
626,820
+25,308
| +4% | +$1.48M |
|
809
Steris
STE
$22.4B
| $39.2M | 0.03% |
816,393
+17,934
| +2% | +$820K |
|
810
PRA Group
PRAA
$688M
| $39.2M | 0.03% |
741,165
+10,904
| +1% | +$620K |
|
811
Ziff Davis
ZD
$1.95B
| $39.1M | 0.03% |
898,107
+88,161
| +11% | +$3.8M |
|
812
CF Industries
CF
$18.9B
| $39.1M | 0.03% |
838,005
+79,800
| +11% | +$3.49M |
|
813
Applied Industrial Technologies
AIT
$12.9B
| $39M | 0.03% |
795,336
+15,579
| +2% | +$759K |
|
|
FISV
814
Fiserv Inc
FISV
$28.9B
| $39M | 0.03% |
1,322,418
+1,278
| +0.1% | +$34.5K |
|
|
PX
815
DELISTED
Praxair Inc
PX
| $39M | 0.03% |
300,245
+8,016
| +3% | +$1,000K |
|
|
AXE
816
DELISTED
Anixter International Inc
AXE
| $39M | 0.03% |
434,455
-1,369
| -0.3% | -$119K |
|
|
LNW
817
DELISTED
Light & Wonder
LNW
| $39M | 0.03% |
2,304,960
+23,449
| +1% | +$414K |
|
818
Plexus
PLXS
$6.69B
| $39M | 0.03% |
901,258
+77,878
| +9% | +$3.09M |
|
819
Texas Capital Bancshares
TCBI
$4.29B
| $39M | 0.03% |
627,158
+23,614
| +4% | +$1.26M |
|
|
JAH
820
DELISTED
JARDEN CORPORATION
JAH
| $39M | 0.03% |
953,621
-357,219
| -27% | -$13M |
|
821
Deluxe
DLX
$1.25B
| $38.9M | 0.03% |
745,689
+43,867
| +6% | +$2.1M |
|
|
BMR
822
DELISTED
BIOMED REALTY TRUST INC
BMR
| $38.9M | 0.03% |
2,146,058
+104,147
| +5% | +$1.97M |
|
|
BAS
823
DELISTED
Basis Energy Services, Inc.
BAS
| $38.8M | 0.03% |
4,318
+589
| +16% | +$4.88M |
|
824
NextEra Energy
NEE
$186B
| $38.8M | 0.03% |
1,813,312
+94,352
| +5% | +$1.99M |
|
825
CVB Financial
CVBF
$4.02B
| $38.8M | 0.03% |
2,271,685
+136,049
| +6% | +$2.07M |
|
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.