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 |
Pfizer
PFE
|
+$243M |
| 2 |
ExxonMobil
XOM
|
+$154M |
| 3 |
AT&T
T
|
+$142M |
| 4 |
Intel
INTC
|
+$127M |
| 5 |
PACW
PacWest Bancorp
PACW
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CSE
CAPITALSOURCE INC
CSE
|
+$173M |
| 2 |
American International
AIG
|
+$148M |
| 3 |
Citigroup
C
|
+$142M |
| 4 |
Bank of America
BAC
|
+$114M |
| 5 |
JNY
JONES GROUP INC COM STK (PA)
JNY
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.57% |
| 2 | Industrials | 13.27% |
| 3 | Energy | 12.09% |
| 4 | Technology | 10.54% |
| 5 | Consumer Discretionary | 8.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Humana
HUM
$44B
| $213M | 0.15% |
1,667,684
+16,799
| +1% | +$1.99M |
|
102
SLB Ltd
SLB
$72.6B
| $213M | 0.15% |
1,802,056
+55,084
| +3% | +$5.68M |
|
103
Coca-Cola
KO
$381B
| $209M | 0.15% |
4,924,164
+344,870
| +8% | +$14M |
|
104
Host Hotels & Resorts
HST
$17.2B
| $203M | 0.14% |
9,217,775
+37,313
| +0.4% | +$803K |
|
|
ICON
105
DELISTED
Iconix Brand Group, Inc.
ICON
| $203M | 0.14% |
472,436
-23,963
| -5% | -$9.88M |
|
|
ENIA
106
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $202M | 0.14% |
22,212,149
+246,235
| +1% | +$2.14M |
|
107
International Paper
IP
$22.8B
| $198M | 0.14% |
4,203,855
+133,854
| +3% | +$5.87M |
|
|
CHL
108
DELISTED
China Mobile Limited
CHL
| $196M | 0.14% |
4,040,606
+347,701
| +9% | +$16.7M |
|
109
CME Group
CME
$96.1B
| $196M | 0.14% |
2,768,589
-191,173
| -6% | -$13.5M |
|
110
PepsiCo
PEP
$191B
| $196M | 0.14% |
2,198,044
+231,097
| +12% | +$20M |
|
111
Trinity Industries
TRN
$2.73B
| $195M | 0.14% |
6,182,258
-110,184
| -2% | -$3.12M |
|
112
KB Financial Group
KB
$42.5B
| $193M | 0.13% |
5,560,691
-19,745
| -0.4% | -$687K |
|
113
AngloGold Ashanti
AU
$41.6B
| $191M | 0.13% |
11,105,010
+1,524,421
| +16% | +$26M |
|
|
CVG
114
DELISTED
Convergys
CVG
| $190M | 0.13% |
8,877,412
-68,626
| -0.8% | -$1.49M |
|
115
Oracle
ORCL
$367B
| $190M | 0.13% |
4,687,566
+348,009
| +8% | +$14.3M |
|
|
CHU
116
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $188M | 0.13% |
12,242,302
+102,006
| +0.8% | +$1.5M |
|
117
Novartis
NVS
$301B
| $186M | 0.13% |
2,298,002
-20,646
| -0.9% | -$1.62M |
|
118
Hanover Insurance
THG
$8.05B
| $185M | 0.13% |
2,922,025
+120,840
| +4% | +$7.34M |
|
119
Live Nation Entertainment
LYV
$42.7B
| $182M | 0.13% |
7,377,103
-531,997
| -7% | -$12M |
|
120
Webster Financial
WBS
$12.5B
| $182M | 0.13% |
5,767,326
+315,770
| +6% | +$9.63M |
|
121
Vodafone
VOD
$37.2B
| $180M | 0.12% |
5,379,477
+12,900
| +0.2% | +$457K |
|
|
ENH
122
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $179M | 0.12% |
3,475,051
+144,731
| +4% | +$7.52M |
|
|
STI
123
DELISTED
SunTrust Banks, Inc.
STI
| $179M | 0.12% |
4,463,004
-292,882
| -6% | -$11.4M |
|
124
Hartford Financial Services
HIG
$39.2B
| $178M | 0.12% |
4,969,165
+49,395
| +1% | +$1.74M |
|
125
Vishay Intertechnology
VSH
$5.18B
| $178M | 0.12% |
11,482,660
+209,821
| +2% | +$3.11M |
|
Similar funds
Dimensional Fund Advisors's Q2 2014 Portfolio in Review
As of Q2 2014, Dimensional Fund Advisors held 3,651 positions worth $144B, up 7.5% from $134B the previous quarter. Its ten largest holdings account for 8.4% of the portfolio.
Dimensional Fund Advisors deployed $4.6B of net new capital in Q2 2014, opening 55 new positions and adding to 2,274 existing holdings. Its largest new stake was Washington Prime Group Inc.: 199,620 shares worth $33.7M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Energy.
On the sell side, the largest reduction was American International, an estimated $148M trimmed.
- Dimensional Fund Advisors's largest Q2 2014 buy was Washington Prime Group Inc.: 199,620 shares worth $33.7M.
- Dimensional Fund Advisors added most to Pfizer in Q2 2014, an estimated $243M increase.
- Dimensional Fund Advisors's biggest Q2 2014 reduction was American International, cutting an estimated $148M.
- Dimensional Fund Advisors fully exited CAPITALSOURCE INC in Q2 2014, selling an estimated $173M.
- Dimensional Fund Advisors's ten largest holdings make up 8.4% of its $144B portfolio in Q2 2014.
- Dimensional Fund Advisors opened 55 new positions and closed 60 in Q2 2014.
- Dimensional Fund Advisors's portfolio value rose 7.5% quarter-over-quarter to $144B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2014, filed 8 Aug 2014.