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 | |
|---|---|---|---|---|---|---|
1201
RenaissanceRe
RNR
$13.8B
| $26.8M | 0.02% |
274,910
+12,552
| +5% | +$1.17M |
|
1202
Braskem
BAK
$901M
| $26.7M | 0.02% |
1,497,258
-58,457
| -4% | -$1.02M |
|
1203
Take-Two Interactive
TTWO
$46.1B
| $26.7M | 0.02% |
1,538,052
+148,692
| +11% | +$2.57M |
|
1204
S&T Bancorp
STBA
$1.9B
| $26.7M | 0.02% |
1,055,097
+16,625
| +2% | +$410K |
|
1205
Northern Oil and Gas
NOG
$2.29B
| $26.7M | 0.02% |
177,186
+61,761
| +54% | +$9.79M |
|
|
TI
1206
DELISTED
Telecom Italia
TI
| $26.7M | 0.02% |
2,680,707
| – | – |
|
1207
Powell Industries
POWL
$6.79B
| $26.7M | 0.02% |
1,195,440
+17,388
| +1% | +$375K |
|
|
ANN
1208
DELISTED
ANN INC
ANN
| $26.7M | 0.02% |
730,007
+75,452
| +12% | +$2.67M |
|
|
HI
1209
DELISTED
Hillenbrand
HI
| $26.7M | 0.02% |
906,633
+46,253
| +5% | +$1.32M |
|
1210
Oneok
OKE
$56.7B
| $26.6M | 0.02% |
489,498
+17,251
| +4% | +$865K |
|
|
DCT
1211
DELISTED
DCT Industrial Trust Inc.
DCT
| $26.6M | 0.02% |
934,122
+65,745
| +8% | +$1.95M |
|
1212
Public Service Enterprise Group
PEG
$38.7B
| $26.6M | 0.02% |
830,986
+45,668
| +6% | +$1.51M |
|
|
SIVB
1213
DELISTED
SVB Financial Group
SIVB
| $26.6M | 0.02% |
253,897
+18,337
| +8% | +$1.79M |
|
1214
Exponent
EXPO
$3.19B
| $26.6M | 0.02% |
1,372,928
+25,096
| +2% | +$474K |
|
|
ATSG
1215
DELISTED
Air Transport Services Group
ATSG
| $26.6M | 0.02% |
3,285,498
+80,544
| +3% | +$602K |
|
1216
First Interstate BancSystem
FIBK
$3.67B
| $26.5M | 0.02% |
932,787
+34,668
| +4% | +$899K |
|
|
AMRI
1217
DELISTED
Albany Molecular Research Inc
AMRI
| $26.5M | 0.02% |
2,625,231
-21,393
| -0.8% | -$259K |
|
|
INFN
1218
DELISTED
Infinera Corporation Common Stock
INFN
| $26.4M | 0.02% |
2,695,888
-12,140
| -0.4% | -$121K |
|
1219
SFL Corp
SFL
$1.61B
| $26.4M | 0.02% |
1,608,905
-15,041
| -0.9% | -$245K |
|
1220
Rockwell Automation
ROK
$51.1B
| $26.3M | 0.02% |
222,906
+5,687
| +3% | +$632K |
|
1221
Oil States International
OIS
$466M
| $26.3M | 0.02% |
452,907
+41,872
| +10% | +$2.51M |
|
1222
Diamondrock Hospitality Co
DRH
$2.68B
| $26.3M | 0.02% |
2,276,827
+63,942
| +3% | +$725K |
|
|
ACO
1223
DELISTED
AMCOL International Corp
ACO
| $26.3M | 0.02% |
773,909
+41,524
| +6% | +$1.33M |
|
|
REV
1224
DELISTED
Revlon, Inc.
REV
| $26.3M | 0.02% |
1,052,928
+3,670
| +0.3% | +$93.5K |
|
1225
American Airlines Group
AAL
$9.82B
| $26.3M | 0.02% |
+1,040,772
| New | +$26.8M |
|
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.