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 | |
|---|---|---|---|---|---|---|
1051
3D Systems Corp
DDD
$405M
| $30.3M | 0.02% |
325,771
-1,180
| -0.4% | -$82.7K |
|
1052
Arch Capital
ACGL
$36.5B
| $30.3M | 0.02% |
1,520,958
-11,451
| -0.7% | -$220K |
|
|
JRN
1053
DELISTED
JOURNAL COMMUNICATIONS INC CL-A
JRN
| $30.3M | 0.02% |
3,249,678
-6,914
| -0.2% | -$60.6K |
|
|
SEM
1054
DELISTED
Select Medical
SEM
| $30.2M | 0.02% |
4,834,112
+983,166
| +26% | +$4.8M |
|
|
PDM
1055
Piedmont Realty Trust
PDM
$1.24B
| $30.2M | 0.02% |
1,829,483
+58,317
| +3% | +$1.01M |
|
1056
Sibanye-Stillwater
SBSW
$6.05B
| $30.2M | 0.02% |
6,660,615
+681,965
| +11% | +$3.33M |
|
1057
Independent Bank
INDB
$4.04B
| $30.2M | 0.02% |
769,851
+23,239
| +3% | +$853K |
|
1058
SS&C Technologies
SSNC
$18.9B
| $30.1M | 0.02% |
1,361,412
-67,618
| -5% | -$1.36M |
|
|
MHR
1059
DELISTED
MAGNUM HUNTER RESOURCES CORP (DEL)
MHR
| $30.1M | 0.02% |
4,115,148
-15,500
| -0.4% | -$109K |
|
1060
Ormat Technologies
ORA
$5.8B
| $30M | 0.02% |
1,103,869
+55,238
| +5% | +$1.46M |
|
|
THOR
1061
DELISTED
THORATEC CORPORATION
THOR
| $30M | 0.02% |
819,579
+39,445
| +5% | +$1.55M |
|
|
KW
1062
DELISTED
Kennedy-Wilson Holdings
KW
| $29.9M | 0.02% |
1,344,060
+82,701
| +7% | +$1.66M |
|
|
LTM
1063
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $29.9M | 0.02% |
1,834,063
+376,893
| +26% | +$6.03M |
|
1064
Kroger
KR
$36.7B
| $29.8M | 0.02% |
1,508,170
+12,480
| +0.8% | +$258K |
|
1065
Cooper Companies
COO
$14.2B
| $29.8M | 0.02% |
961,208
-18,224
| -2% | -$581K |
|
|
SCS
1066
DELISTED
Steelcase
SCS
| $29.7M | 0.02% |
1,874,348
-130,462
| -7% | -$2.08M |
|
1067
Heartland Express
HTLD
$1.01B
| $29.7M | 0.02% |
1,513,578
+74,948
| +5% | +$1.23M |
|
|
CATM
1068
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $29.7M | 0.02% |
683,342
+42,685
| +7% | +$1.74M |
|
1069
Forward Air
FWRD
$461M
| $29.7M | 0.02% |
675,839
+30,284
| +5% | +$1.26M |
|
|
TVTY
1070
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $29.7M | 0.02% |
1,933,320
+86,619
| +5% | +$1.23M |
|
1071
Cognizant
CTSH
$26.5B
| $29.7M | 0.02% |
587,590
+42,336
| +8% | +$1.93M |
|
|
KNGT
1072
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $29.6M | 0.02% |
1,616,506
+125,849
| +8% | +$2.31M |
|
|
AD
1073
Array Digital Infrastructure
AD
$3.04B
| $29.6M | 0.02% |
708,329
+15,305
| +2% | +$681K |
|
|
CRR
1074
DELISTED
Carbo Ceramics Inc.
CRR
| $29.6M | 0.02% |
254,113
+12,302
| +5% | +$1.4M |
|
1075
NETSCOUT
NTCT
$2.83B
| $29.6M | 0.02% |
1,000,493
+22,979
| +2% | +$651K |
|
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.