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 |
ExxonMobil
XOM
|
+$344M |
| 2 |
Intel
INTC
|
+$219M |
| 3 |
Apple
AAPL
|
+$206M |
| 4 |
Pfizer
PFE
|
+$201M |
| 5 |
JPMorgan Chase
JPM
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vodafone
VOD
|
+$173M |
| 2 |
Bank of America
BAC
|
+$171M |
| 3 |
Citigroup
C
|
+$111M |
| 4 |
VPHM
VIROPHARMA INC
VPHM
|
+$103M |
| 5 |
LEAP
LEAP WIRELESS INTERNATIONAL INC NEW
LEAP
|
+$48.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.88% |
| 2 | Industrials | 13.29% |
| 3 | Energy | 11.48% |
| 4 | Technology | 10.2% |
| 5 | Healthcare | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
Aon
AON
$76.5B
| $42M | 0.03% |
498,943
+1,091
| +0.2% | +$90.8K |
|
|
FTD
802
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $42M | 0.03% |
1,321,353
-33,211
| -2% | -$1.05M |
|
|
WPX
803
DELISTED
WPX Energy, Inc.
WPX
| $42M | 0.03% |
2,327,609
-48,326
| -2% | -$891K |
|
804
Clearwater Paper
CLW
$339M
| $41.9M | 0.03% |
668,847
+31,100
| +5% | +$1.85M |
|
|
WIN
805
DELISTED
Windstream Holdings Inc
WIN
| $41.9M | 0.03% |
649,464
+196,591
| +43% | +$12.2M |
|
806
Northern Trust
NTRS
$33.3B
| $41.8M | 0.03% |
637,128
+1,252
| +0.2% | +$77.7K |
|
|
TRAK
807
DELISTED
DEALERTRACK TECHNOLOGIES, INC. COM STK
TRAK
| $41.7M | 0.03% |
848,687
-15,199
| -2% | -$763K |
|
|
RFMD
808
DELISTED
RF MICRO DEVICES INC
RFMD
| $41.7M | 0.03% |
5,291,666
+743,358
| +16% | +$4.57M |
|
|
SYKE
809
DELISTED
SYKES Enterprises Inc
SYKE
| $41.7M | 0.03% |
2,097,293
+134,194
| +7% | +$2.74M |
|
|
KNGT
810
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $41.7M | 0.03% |
1,800,941
+184,435
| +11% | +$4.27M |
|
|
COV
811
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $41.6M | 0.03% |
564,673
+22,294
| +4% | +$1.55M |
|
|
GLDD
812
DELISTED
Great Lakes Dredge & Dock
GLDD
| $41.3M | 0.03% |
4,527,590
+186,495
| +4% | +$1.59M |
|
813
Cincinnati Financial
CINF
$27.3B
| $41.2M | 0.03% |
846,832
+50,715
| +6% | +$2.44M |
|
|
LFC
814
DELISTED
China Life Insurance Company Ltd.
LFC
| $41.2M | 0.03% |
2,919,852
-233,328
| -7% | -$3.27M |
|
815
Cognex
CGNX
$10.9B
| $41.2M | 0.03% |
2,432,384
-2,928
| -0.1% | -$54.6K |
|
816
Baxter International
BAX
$13.5B
| $41.1M | 0.03% |
1,028,246
+68,049
| +7% | +$2.54M |
|
817
AeroVironment
AVAV
$7.56B
| $41.1M | 0.03% |
1,020,064
+6,787
| +0.7% | +$221K |
|
818
Illinois Tool Works
ITW
$82.6B
| $41M | 0.03% |
504,207
+8,057
| +2% | +$652K |
|
|
TFCF
819
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $41M | 0.03% |
1,317,499
-802
| -0.1% | -$25.6K |
|
820
Highwoods Properties
HIW
$3.65B
| $40.9M | 0.03% |
1,066,162
+60,641
| +6% | +$2.25M |
|
|
PCP
821
DELISTED
PRECISION CASTPARTS CORP
PCP
| $40.8M | 0.03% |
161,328
+4,004
| +3% | +$1.04M |
|
|
JOY
822
DELISTED
Joy Global Inc
JOY
| $40.7M | 0.03% |
702,273
+459,829
| +190% | +$25.5M |
|
823
First Citizens BancShares
FCNCA
$24.9B
| $40.7M | 0.03% |
168,920
+2,824
| +2% | +$635K |
|
|
PMCS
824
DELISTED
P M C SIERRA INC
PMCS
| $40.6M | 0.03% |
5,341,265
+164,124
| +3% | +$1.15M |
|
825
Huron Consulting
HURN
$2.41B
| $40.6M | 0.03% |
640,881
+14,061
| +2% | +$915K |
|
Similar funds
Dimensional Fund Advisors's Q1 2014 Portfolio in Review
As of Q1 2014, Dimensional Fund Advisors held 3,643 positions worth $134B, up 4.3% from $128B the previous quarter. Its ten largest holdings account for 8.4% of the portfolio.
Trading was light in Q1 2014: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 102 new positions and exited 48, leaving the 3,643-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q1 2014 buy was SIZMEK INC COM STK (DE): 1,323,230 shares worth $14.1M.
- Dimensional Fund Advisors added most to ExxonMobil in Q1 2014, an estimated $344M increase.
- Dimensional Fund Advisors's biggest Q1 2014 reduction was Vodafone, cutting an estimated $173M.
- Dimensional Fund Advisors fully exited VIROPHARMA INC in Q1 2014, selling an estimated $103M.
- Dimensional Fund Advisors's ten largest holdings make up 8.4% of its $134B portfolio in Q1 2014.
- Dimensional Fund Advisors opened 102 new positions and closed 48 in Q1 2014.
- Dimensional Fund Advisors's portfolio value rose 4.3% quarter-over-quarter to $134B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2014, filed 14 May 2014.