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 | |
|---|---|---|---|---|---|---|
1101
Modine Manufacturing
MOD
$9.82B
| $26.1M | 0.02% |
1,781,060
+76,351
| +4% | +$997K |
|
1102
Forward Air
FWRD
$521M
| $26M | 0.02% |
645,555
+13,807
| +2% | +$526K |
|
1103
Tennant Co
TNC
$1.14B
| $26M | 0.02% |
419,930
+6,467
| +2% | +$350K |
|
1104
Progress Software
PRGS
$1.68B
| $26M | 0.02% |
1,005,055
-19,306
| -2% | -$485K |
|
1105
Eagle Materials
EXP
$5.45B
| $26M | 0.02% |
358,417
-155,405
| -30% | -$10.6M |
|
1106
Netflix
NFLX
$314B
| $26M | 0.02% |
5,885,390
+196,070
| +3% | +$757K |
|
1107
BHP
BHP
$220B
| $25.9M | 0.02% |
459,961
+7,437
| +2% | +$404K |
|
1108
Public Service Enterprise Group
PEG
$35.4B
| $25.9M | 0.02% |
785,318
+1,699
| +0.2% | +$56.2K |
|
1109
Ducommun
DCO
$2.52B
| $25.8M | 0.02% |
899,295
+16,092
| +2% | +$410K |
|
1110
NACCO Industries
NC
$283M
| $25.8M | 0.02% |
2,035,204
-10,348
| -0.5% | -$137K |
|
|
CCC
1111
DELISTED
Calgon Carbon Corp
CCC
| $25.8M | 0.02% |
1,356,233
+35,913
| +3% | +$643K |
|
|
AGN
1112
DELISTED
Allergan Inc
AGN
| $25.7M | 0.02% |
284,400
-293
| -0.1% | -$26.3K |
|
1113
Agilent Technologies
A
$44.1B
| $25.6M | 0.02% |
697,396
+40,358
| +6% | +$1.36M |
|
|
SCHW
1114
Charles Schwab
SCHW
$181B
| $25.6M | 0.02% |
1,208,715
+57,254
| +5% | +$1.24M |
|
1115
Unisys
UIS
$181M
| $25.5M | 0.02% |
1,014,158
+71,702
| +8% | +$1.8M |
|
|
CUK
1116
DELISTED
Carnival PLC
CUK
| $25.5M | 0.02% |
753,303
-11,172
| -1% | -$421K |
|
|
AFFX
1117
DELISTED
Affymetrix Inc
AFFX
| $25.5M | 0.02% |
4,116,636
+465,558
| +13% | +$2.41M |
|
1118
Honda
HMC
$42.2B
| $25.5M | 0.02% |
669,165
+1,800
| +0.3% | +$68.8K |
|
|
GTIV
1119
DELISTED
GENTIVA HEALTH SERVICES INC
GTIV
| $25.5M | 0.02% |
2,119,191
-122,491
| -5% | -$1.38M |
|
|
MHR
1120
DELISTED
MAGNUM HUNTER RESOURCES CORP (DEL)
MHR
| $25.5M | 0.02% |
4,130,648
-194,709
| -5% | -$882K |
|
1121
PPG Industries
PPG
$23.4B
| $25.5M | 0.02% |
304,750
+2,802
| +0.9% | +$224K |
|
1122
Cummins
CMI
$72.1B
| $25.4M | 0.02% |
191,529
+427
| +0.2% | +$52.7K |
|
1123
Franklin Templeton
BEN
$16.8B
| $25.4M | 0.02% |
503,262
-696
| -0.1% | -$33.6K |
|
1124
Iridium Communications
IRDM
$5.03B
| $25.4M | 0.02% |
3,695,860
+1,049
| +0% | +$7.85K |
|
1125
ITT
ITT
$18.1B
| $25.4M | 0.02% |
707,115
-17,788
| -2% | -$593K |
|
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.