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 | |
|---|---|---|---|---|---|---|
|
HCBK
1076
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $29.6M | 0.02% |
3,138,044
-72,217
| -2% | -$662K |
|
1077
NBT Bancorp
NBTB
$2.82B
| $29.6M | 0.02% |
1,142,240
+42,376
| +4% | +$1.04M |
|
1078
Quaker Houghton
KWR
$2.58B
| $29.6M | 0.02% |
383,734
+3,015
| +0.8% | +$232K |
|
|
GPX
1079
DELISTED
GP Strategies Corp.
GPX
| $29.6M | 0.02% |
991,979
-3,199
| -0.3% | -$89.8K |
|
1080
Chunghwa Telecom
CHT
$33.5B
| $29.5M | 0.02% |
954,340
+3,787
| +0.4% | +$118K |
|
1081
AeroVironment
AVAV
$7.19B
| $29.5M | 0.02% |
1,013,277
+43,846
| +5% | +$1.18M |
|
|
EGOV
1082
DELISTED
NIC Inc
EGOV
| $29.4M | 0.02% |
1,183,884
+89,465
| +8% | +$2.11M |
|
|
WCG
1083
DELISTED
Wellcare Health Plans, Inc.
WCG
| $29.4M | 0.02% |
417,638
+4,556
| +1% | +$318K |
|
1084
PPG Industries
PPG
$24.9B
| $29.4M | 0.02% |
310,038
+5,288
| +2% | +$476K |
|
|
EPIQ
1085
DELISTED
EPIQ SYSTEMS INC
EPIQ
| $29.4M | 0.02% |
1,813,588
+61,070
| +3% | +$927K |
|
1086
Carriage Services
CSV
$647M
| $29.4M | 0.02% |
1,504,021
-29,848
| -2% | -$567K |
|
1087
NN Inc
NNBR
$237M
| $29.3M | 0.02% |
1,452,566
+26,571
| +2% | +$476K |
|
|
CSH
1088
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $29.3M | 0.02% |
1,686,080
+344,159
| +26% | +$6.2M |
|
|
HMA
1089
DELISTED
HEALTH MGMT ASSOC INC CL-A
HMA
| $29.3M | 0.02% |
2,234,762
-7,203
| -0.3% | -$93.2K |
|
1090
Signet Jewelers
SIG
$3.84B
| $29.3M | 0.02% |
371,817
+22,252
| +6% | +$1.68M |
|
|
CPWR
1091
DELISTED
COMPUWARE CORP
CPWR
| $29.2M | 0.02% |
2,712,603
-33,168
| -1% | -$346K |
|
|
MIG
1092
DELISTED
MEADOWBROOK INSURANCE GRP INC
MIG
| $29.2M | 0.02% |
4,194,635
-18,884
| -0.4% | -$130K |
|
1093
Tennant Co
TNC
$1.44B
| $29.2M | 0.02% |
430,260
+10,330
| +2% | +$660K |
|
1094
Diodes
DIOD
$3.5B
| $29.2M | 0.02% |
1,237,972
+118,139
| +11% | +$2.66M |
|
1095
Itron
ITRI
$4.54B
| $29.2M | 0.02% |
703,622
+80,850
| +13% | +$3.43M |
|
1096
Franklin Resources
BEN
$16.8B
| $29.1M | 0.02% |
504,643
+1,381
| +0.3% | +$74.4K |
|
1097
Prosperity Bancshares
PB
$8.9B
| $29.1M | 0.02% |
459,432
-76,524
| -14% | -$4.83M |
|
1098
NACCO Industries
NC
$359M
| $29M | 0.02% |
2,044,002
+8,798
| +0.4% | +$119K |
|
1099
Globe Life
GL
$14B
| $29M | 0.02% |
556,581
-2,477
| -0.4% | -$124K |
|
1100
Grupo Cibest SA
CIB
$21.2B
| $28.9M | 0.02% |
590,537
+12,709
| +2% | +$676K |
|
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.