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 | |
|---|---|---|---|---|---|---|
|
CVA
876
DELISTED
Covanta Holding Corporation
CVA
| $36.4M | 0.03% |
2,050,349
+467,576
| +30% | +$8.65M |
|
877
Lloyds Banking Group
LYG
$86.4B
| $36.4M | 0.03% |
6,840,190
-932,809
| -12% | -$4.68M |
|
878
Highwoods Properties
HIW
$3.89B
| $36.4M | 0.03% |
1,005,521
+83,245
| +9% | +$3.03M |
|
|
KKD
879
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $36.4M | 0.03% |
1,885,337
+12,294
| +0.7% | +$277K |
|
880
Baxter International
BAX
$12.8B
| $36.3M | 0.03% |
960,197
-2,950
| -0.3% | -$107K |
|
|
ZNGA
881
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $36.3M | 0.03% |
9,541,499
+26,697
| +0.3% | +$103K |
|
|
PRXL
882
DELISTED
Parexel International Corp
PRXL
| $36.2M | 0.03% |
802,295
+13,404
| +2% | +$613K |
|
|
GTLS
883
DELISTED
Chart Industries
GTLS
| $36.1M | 0.03% |
377,977
-7,213
| -2% | -$759K |
|
884
Southern Company
SO
$110B
| $36.1M | 0.03% |
877,722
+1,059
| +0.1% | +$43.7K |
|
|
TEN
885
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $36.1M | 0.03% |
637,542
-6,242
| -1% | -$340K |
|
886
Unisys
UIS
$251M
| $36M | 0.03% |
1,073,420
+59,262
| +6% | +$1.64M |
|
887
Albany International
AIN
$2.14B
| $36M | 0.03% |
1,000,749
+33,121
| +3% | +$1.18M |
|
888
Jacobs Solutions
J
$16.4B
| $35.9M | 0.03% |
689,802
+73,143
| +12% | +$3.62M |
|
889
REX American Resources
REX
$1.4B
| $35.9M | 0.03% |
4,821,492
+24,000
| +0.5% | +$137K |
|
|
STJ
890
DELISTED
St Jude Medical
STJ
| $35.9M | 0.03% |
579,861
-6,802
| -1% | -$394K |
|
891
VEON
VEON
$3.55B
| $35.9M | 0.03% |
111,060
-75
| -0.1% | -$24K |
|
892
Cracker Barrel
CBRL
$1.23B
| $35.9M | 0.03% |
326,287
-2,106
| -0.6% | -$229K |
|
893
Centene
CNC
$31.5B
| $35.9M | 0.03% |
2,433,264
-32,036
| -1% | -$479K |
|
|
PIR
894
DELISTED
Pier 1 Imports, Inc.
PIR
| $35.8M | 0.03% |
77,599
-828
| -1% | -$352K |
|
895
Nexstar Media Group
NXST
$5.93B
| $35.8M | 0.03% |
642,574
+18,568
| +3% | +$887K |
|
|
HTSI
896
DELISTED
HARRIS TEETER SUPERMARKETS INC COM STK (NC)
HTSI
| $35.7M | 0.03% |
724,326
-950
| -0.1% | -$46.9K |
|
897
Douglas Emmett
DEI
$2.09B
| $35.7M | 0.03% |
1,533,207
+55,565
| +4% | +$1.33M |
|
898
Omnicell
OMCL
$1.96B
| $35.7M | 0.03% |
1,397,123
+72,239
| +5% | +$1.73M |
|
|
STEL
899
DELISTED
STELLARONE CORPORATION COM
STEL
| $35.6M | 0.03% |
1,480,266
-200
| -0% | -$4.78K |
|
900
Madison Square Garden
MSGS
$9.6B
| $35.6M | 0.03% |
867,399
-223,668
| -20% | -$9.11M |
|
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.