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 | |
|---|---|---|---|---|---|---|
1026
Cardinal Health
CAH
$53.7B
| $31.2M | 0.02% |
467,026
-4,781
| -1% | -$292K |
|
|
CSGS
1027
DELISTED
CSG Systems International
CSGS
| $31.2M | 0.02% |
1,061,087
+64,357
| +6% | +$1.78M |
|
1028
MarineMax
HZO
$748M
| $31.2M | 0.02% |
1,939,040
+16,468
| +0.9% | +$248K |
|
1029
Monolithic Power Systems
MPWR
$61.4B
| $31.2M | 0.02% |
899,111
-11,132
| -1% | -$356K |
|
|
BCPC
1030
Balchem Corp
BCPC
$5.26B
| $31.1M | 0.02% |
530,495
-8,262
| -2% | -$467K |
|
|
UNS
1031
DELISTED
UNS ENERGY CORP COM
UNS
| $31.1M | 0.02% |
520,140
+3,800
| +0.7% | +$191K |
|
|
MZTI
1032
The Marzetti Company
MZTI
$3.05B
| $31M | 0.02% |
351,966
+7,270
| +2% | +$613K |
|
1033
Astec Industries
ASTE
$1.17B
| $31M | 0.02% |
801,342
+61,542
| +8% | +$2.18M |
|
1034
Brady Corp
BRC
$4.46B
| $31M | 0.02% |
1,000,715
+4,695
| +0.5% | +$139K |
|
1035
LCI Industries
LCII
$2.59B
| $30.9M | 0.02% |
604,140
+19,450
| +3% | +$990K |
|
|
VOXX
1036
DELISTED
VOXX International Corporation Class A
VOXX
| $30.9M | 0.02% |
1,848,717
+35,358
| +2% | +$558K |
|
1037
Netflix
NFLX
$307B
| $30.8M | 0.02% |
5,859,910
-25,480
| -0.4% | -$125K |
|
1038
AMERISAFE
AMSF
$562M
| $30.8M | 0.02% |
729,300
+14,812
| +2% | +$592K |
|
|
POLY
1039
DELISTED
Plantronics, Inc.
POLY
| $30.8M | 0.02% |
662,985
+21,703
| +3% | +$978K |
|
|
AMED
1040
DELISTED
Amedisys
AMED
| $30.8M | 0.02% |
2,104,756
+238,339
| +13% | +$3.84M |
|
1041
ACI Worldwide
ACIW
$6.12B
| $30.8M | 0.02% |
1,420,251
+231,648
| +19% | +$4.59M |
|
|
MEAS
1042
DELISTED
MEASUREMENT SPECIALTIES INC
MEAS
| $30.7M | 0.02% |
506,255
-77
| -0% | -$4.26K |
|
1043
Greenlight Captial
GLRE
$579M
| $30.6M | 0.02% |
908,691
+38,853
| +4% | +$1.22M |
|
1044
ITT
ITT
$17.1B
| $30.5M | 0.02% |
703,148
-3,967
| -0.6% | -$158K |
|
1045
Ericsson
ERIC
$32.1B
| $30.4M | 0.02% |
2,484,595
-34,682
| -1% | -$431K |
|
|
CTB
1046
DELISTED
Cooper Tire & Rubber Co.
CTB
| $30.4M | 0.02% |
1,264,107
-1,600
| -0.1% | -$39.6K |
|
1047
Idacorp
IDA
$8B
| $30.4M | 0.02% |
585,810
+17,362
| +3% | +$887K |
|
|
MEG
1048
DELISTED
Media General, Inc
MEG
| $30.3M | 0.02% |
1,341,852
+1,500
| +0.1% | +$25.7K |
|
1049
iShares MSCI Taiwan ETF
EWT
$9.13B
| $30.3M | 0.02% |
+1,051,294
| New | +$30M |
|
|
IPXL
1050
DELISTED
Impax Laboratories, Inc.
IPXL
| $30.3M | 0.02% |
1,204,414
+140,967
| +13% | +$3.14M |
|
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.