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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$137M |
| 2 |
Pfizer
PFE
|
+$114M |
| 3 |
JPMorgan Chase
JPM
|
+$107M |
| 4 |
ExxonMobil
XOM
|
+$93.3M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$86.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FON
SPRINT CORP FON COM
FON
|
+$201M |
| 2 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
+$182M |
| 3 |
Zoetis
ZTS
|
+$104M |
| 4 |
Goldman Sachs
GS
|
+$79.1M |
| 5 |
BKI
BUCKEYE TECHNOLOGY INC
BKI
|
+$74.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.71% |
| 2 | Industrials | 13.9% |
| 3 | Energy | 11.81% |
| 4 | Technology | 10.02% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Cal-Maine
CALM
$3.47B
| $28.8M | 0.02% |
1,198,028
+24,890
| +2% | +$604K |
|
|
WCG
1002
DELISTED
Wellcare Health Plans, Inc.
WCG
| $28.8M | 0.02% |
413,082
-3,838
| -0.9% | -$246K |
|
1003
Pricesmart
PSMT
$5.19B
| $28.8M | 0.02% |
301,960
-8,749
| -3% | -$786K |
|
|
SASR
1004
DELISTED
Sandy Spring Bancorp Inc
SASR
| $28.7M | 0.02% |
1,233,608
+7,058
| +0.6% | +$168K |
|
|
HMA
1005
DELISTED
HEALTH MGMT ASSOC INC CL-A
HMA
| $28.7M | 0.02% |
2,241,965
-48,927
| -2% | -$680K |
|
1006
Intercontinental Exchange
ICE
$86.4B
| $28.7M | 0.02% |
789,890
+40,830
| +5% | +$1.48M |
|
1007
Interparfums
IPAR
$3.56B
| $28.7M | 0.02% |
955,592
+48,312
| +5% | +$1.47M |
|
1008
Mercury Insurance
MCY
$5.61B
| $28.7M | 0.02% |
593,102
+30,265
| +5% | +$1.37M |
|
1009
SunCoke Energy
SXC
$830M
| $28.6M | 0.02% |
1,683,627
+282,707
| +20% | +$4.49M |
|
1010
Stepan Co
SCL
$1.41B
| $28.5M | 0.02% |
494,053
-411
| -0.1% | -$23.8K |
|
1011
Mid-America Apartment Communities
MAA
$14.1B
| $28.5M | 0.02% |
456,107
+25,183
| +6% | +$1.63M |
|
|
AIRM
1012
DELISTED
Air Methods Corp
AIRM
| $28.5M | 0.02% |
668,636
-124,983
| -16% | -$4.8M |
|
|
ICA
1013
DELISTED
EMPRESAS ICA, S.A. DE C.V. ADS (EA REPTG 4 ORD PART CERT)
ICA
| $28.4M | 0.02% |
3,324,637
+81,420
| +3% | +$682K |
|
1014
VF Corp
VFC
$5.1B
| $28.4M | 0.02% |
605,888
+18,330
| +3% | +$846K |
|
1015
Align Technology
ALGN
$10.8B
| $28.3M | 0.02% |
587,863
-54,614
| -9% | -$2.38M |
|
1016
LKQ Corp
LKQ
$6.03B
| $28.3M | 0.02% |
887,699
+17,920
| +2% | +$517K |
|
1017
Interface
TILE
$2B
| $28.3M | 0.02% |
1,424,519
-50,880
| -3% | -$944K |
|
1018
Black Hills Corp
BKH
$5.45B
| $28.3M | 0.02% |
566,617
+29,050
| +5% | +$1.47M |
|
1019
Allegiant Air
ALGT
$2.2B
| $28.2M | 0.02% |
267,810
+10,208
| +4% | +$1.01M |
|
1020
Analog Devices
ADI
$176B
| $28.2M | 0.02% |
599,310
+147,555
| +33% | +$7.06M |
|
1021
Adobe
ADBE
$99.8B
| $28.1M | 0.02% |
541,440
-11,877
| -2% | -$567K |
|
|
BWLD
1022
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $28.1M | 0.02% |
252,458
+11,243
| +5% | +$1.18M |
|
1023
Ormat Technologies
ORA
$5.99B
| $28.1M | 0.02% |
1,048,631
+27,975
| +3% | +$696K |
|
|
NFX
1024
DELISTED
Newfield Exploration
NFX
| $28.1M | 0.02% |
1,025,209
+292,798
| +40% | +$7.34M |
|
|
CEB
1025
DELISTED
CEB Inc.
CEB
| $28M | 0.02% |
385,745
+6,426
| +2% | +$435K |
|
Similar funds
Dimensional Fund Advisors's Q3 2013 Portfolio in Review
As of Q3 2013, Dimensional Fund Advisors held 3,633 positions worth $116B, up 8.8% from $106B the previous quarter. Its ten largest holdings account for 8.5% of the portfolio.
Trading was light in Q3 2013: portfolio turnover was 2.7%. Dimensional Fund Advisors opened 48 new positions and exited 50, leaving the 3,633-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 4,364,241 shares worth $146M.
- Dimensional Fund Advisors added most to Pfizer in Q3 2013, an estimated $114M increase.
- Dimensional Fund Advisors's biggest Q3 2013 reduction was Zoetis, cutting an estimated $104M.
- Dimensional Fund Advisors fully exited SPRINT CORP FON COM in Q3 2013, selling an estimated $201M.
- Dimensional Fund Advisors's ten largest holdings make up 8.5% of its $116B portfolio in Q3 2013.
- Dimensional Fund Advisors opened 48 new positions and closed 50 in Q3 2013.
- Dimensional Fund Advisors's portfolio value rose 8.8% quarter-over-quarter to $116B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2013, filed 13 Nov 2013.