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 |
ExxonMobil
XOM
|
+$344M |
| 2 |
Intel
INTC
|
+$219M |
| 3 |
Apple
AAPL
|
+$206M |
| 4 |
Pfizer
PFE
|
+$201M |
| 5 |
JPMorgan Chase
JPM
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vodafone
VOD
|
+$173M |
| 2 |
Bank of America
BAC
|
+$171M |
| 3 |
Citigroup
C
|
+$111M |
| 4 |
VPHM
VIROPHARMA INC
VPHM
|
+$103M |
| 5 |
LEAP
LEAP WIRELESS INTERNATIONAL INC NEW
LEAP
|
+$48.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.88% |
| 2 | Industrials | 13.29% |
| 3 | Energy | 11.48% |
| 4 | Technology | 10.2% |
| 5 | Healthcare | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
AvalonBay Communities
AVB
$26.8B
| $194M | 0.15% |
1,479,670
+47,205
| +3% | +$5.95M |
|
102
Devon Energy
DVN
$50.9B
| $192M | 0.14% |
2,872,851
+48,383
| +2% | +$3M |
|
103
Vale
VALE
$63.8B
| $190M | 0.14% |
13,715,629
+6,204,861
| +83% | +$84.8M |
|
|
STI
104
DELISTED
SunTrust Banks, Inc.
STI
| $189M | 0.14% |
4,755,886
-13,127
| -0.3% | -$502K |
|
105
Santander
BSBR
$37.8B
| $188M | 0.14% |
35,239,412
-1,405,335
| -4% | -$6.85M |
|
106
Humana
HUM
$44B
| $186M | 0.14% |
1,650,885
+133,637
| +9% | +$13.9M |
|
107
Host Hotels & Resorts
HST
$17.2B
| $186M | 0.14% |
9,180,462
+582,952
| +7% | +$11.3M |
|
108
Helix Energy Solutions
HLX
$1.36B
| $185M | 0.14% |
8,040,026
-340,507
| -4% | -$7.58M |
|
|
ENIA
109
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $184M | 0.14% |
21,965,914
+103,483
| +0.5% | +$797K |
|
110
MBIA
MBI
$274M
| $182M | 0.14% |
12,995,494
+808,795
| +7% | +$10.3M |
|
111
Boston Scientific
BSX
$68.4B
| $181M | 0.14% |
13,374,459
-1,116,587
| -8% | -$14.7M |
|
|
CHK
112
DELISTED
Chesapeake Energy Corporation
CHK
| $179M | 0.13% |
37,002
+1,567
| +4% | +$7.63M |
|
|
ENH
113
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $179M | 0.13% |
3,330,320
+14,043
| +0.4% | +$746K |
|
114
TD Synnex
SNX
$20.2B
| $178M | 0.13% |
5,876,082
-121,368
| -2% | -$3.61M |
|
115
Gerdau
GGB
$9.74B
| $178M | 0.13% |
34,983,880
-362,028
| -1% | -$1.92M |
|
116
Oracle
ORCL
$367B
| $177M | 0.13% |
4,339,557
+387,327
| +10% | +$14.7M |
|
117
Coca-Cola
KO
$381B
| $177M | 0.13% |
4,579,294
+750,034
| +20% | +$29M |
|
118
Novartis
NVS
$301B
| $177M | 0.13% |
2,318,648
-109,206
| -4% | -$7.96M |
|
119
International Paper
IP
$22.8B
| $174M | 0.13% |
4,070,001
+65,646
| +2% | +$2.92M |
|
120
Hartford Financial Services
HIG
$39.2B
| $173M | 0.13% |
4,919,770
+326,053
| +7% | +$11.3M |
|
|
CSE
121
DELISTED
CAPITALSOURCE INC
CSE
| $173M | 0.13% |
11,877,029
-800
| -0% | -$11.5K |
|
122
Helen of Troy
HELE
$649M
| $173M | 0.13% |
2,494,281
+27,035
| +1% | +$1.64M |
|
123
Hanover Insurance
THG
$8.05B
| $172M | 0.13% |
2,801,185
+124,335
| +5% | +$7.28M |
|
124
Live Nation Entertainment
LYV
$42.7B
| $172M | 0.13% |
7,909,100
-664,344
| -8% | -$14.4M |
|
125
SLB Ltd
SLB
$72.6B
| $170M | 0.13% |
1,746,972
+142,884
| +9% | +$12.9M |
|
Similar funds
Dimensional Fund Advisors's Q1 2014 Portfolio in Review
As of Q1 2014, Dimensional Fund Advisors held 3,643 positions worth $134B, up 4.3% from $128B the previous quarter. Its ten largest holdings account for 8.4% of the portfolio.
Trading was light in Q1 2014: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 102 new positions and exited 48, leaving the 3,643-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q1 2014 buy was SIZMEK INC COM STK (DE): 1,323,230 shares worth $14.1M.
- Dimensional Fund Advisors added most to ExxonMobil in Q1 2014, an estimated $344M increase.
- Dimensional Fund Advisors's biggest Q1 2014 reduction was Vodafone, cutting an estimated $173M.
- Dimensional Fund Advisors fully exited VIROPHARMA INC in Q1 2014, selling an estimated $103M.
- Dimensional Fund Advisors's ten largest holdings make up 8.4% of its $134B portfolio in Q1 2014.
- Dimensional Fund Advisors opened 102 new positions and closed 48 in Q1 2014.
- Dimensional Fund Advisors's portfolio value rose 4.3% quarter-over-quarter to $134B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2014, filed 14 May 2014.