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 | |
|---|---|---|---|---|---|---|
|
SFY
1001
DELISTED
SWIFT ENERGY CO (HOLDING COMPANY)
SFY
| $32.1M | 0.03% |
2,376,602
+518,960
| +28% | +$6.84M |
|
1002
Equity Lifestyle Properties
ELS
$13B
| $32M | 0.03% |
1,768,202
+72,920
| +4% | +$1.32M |
|
1003
Sonic Automotive
SAH
$3.52B
| $32M | 0.03% |
1,308,289
-2,529
| -0.2% | -$58.9K |
|
|
CEB
1004
DELISTED
CEB Inc.
CEB
| $32M | 0.03% |
413,558
+27,813
| +7% | +$2.05M |
|
|
Y
1005
DELISTED
Alleghany Corp
Y
| $31.9M | 0.02% |
79,713
+8,642
| +12% | +$3.45M |
|
|
WEB
1006
DELISTED
Web.com Group, Inc.
WEB
| $31.9M | 0.02% |
1,002,591
-25,162
| -2% | -$732K |
|
1007
Revvity
RVTY
$12.4B
| $31.8M | 0.02% |
771,996
-170,518
| -18% | -$6.52M |
|
1008
NetApp
NTAP
$34.3B
| $31.8M | 0.02% |
773,691
+6,082
| +0.8% | +$247K |
|
|
SCHW
1009
Charles Schwab
SCHW
$185B
| $31.8M | 0.02% |
1,222,226
+13,511
| +1% | +$322K |
|
|
GTI
1010
DELISTED
GRAFTECH INTERNATIONAL LTD
GTI
| $31.8M | 0.02% |
2,827,642
+1,283,639
| +83% | +$13.1M |
|
1011
SPX Corp
SPXC
$9.44B
| $31.7M | 0.02% |
1,265,065
-47,632
| -4% | -$1.09M |
|
1012
Texas Roadhouse
TXRH
$13.7B
| $31.7M | 0.02% |
1,141,203
+39,231
| +4% | +$1.07M |
|
1013
Southwest Gas
SWX
$6.68B
| $31.7M | 0.02% |
567,248
+23,780
| +4% | +$1.26M |
|
1014
Haemonetics
HAE
$3.82B
| $31.6M | 0.02% |
750,685
+7,379
| +1% | +$304K |
|
1015
Companhia Siderúrgica Nacional
SID
$1.38B
| $31.6M | 0.02% |
5,101,897
+15,965
| +0.3% | +$87.2K |
|
|
AGN
1016
DELISTED
Allergan Inc
AGN
| $31.6M | 0.02% |
284,513
+113
| +0% | +$10.8K |
|
1017
Fortune Brands Innovations
FBIN
$5.88B
| $31.5M | 0.02% |
805,928
-550,782
| -41% | -$19.9M |
|
|
SD
1018
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $31.5M | 0.02% |
5,185,148
+2,279,076
| +78% | +$13.6M |
|
1019
World Acceptance Corp
WRLD
$877M
| $31.4M | 0.02% |
358,583
-7,535
| -2% | -$703K |
|
1020
Black Hills Corp
BKH
$5.58B
| $31.4M | 0.02% |
597,256
+30,639
| +5% | +$1.56M |
|
|
HAR
1021
DELISTED
Harman International Industries
HAR
| $31.4M | 0.02% |
383,121
+48,076
| +14% | +$3.71M |
|
|
NTUS
1022
DELISTED
Natus Medical Inc
NTUS
| $31.3M | 0.02% |
1,393,256
+80,894
| +6% | +$1.56M |
|
1023
Salesforce
CRM
$154B
| $31.3M | 0.02% |
567,782
+45,041
| +9% | +$2.41M |
|
1024
Mercury Insurance
MCY
$6.07B
| $31.3M | 0.02% |
629,863
+36,761
| +6% | +$1.78M |
|
1025
Roper Technologies
ROP
$40.2B
| $31.3M | 0.02% |
225,503
+1,158
| +0.5% | +$151K |
|
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.