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
|
+$214M |
| 2 |
AT&T
T
|
+$140M |
| 3 |
GE Aerospace
GE
|
+$128M |
| 4 |
Cisco
CSCO
|
+$86.5M |
| 5 |
Chevron
CVX
|
+$81.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$154M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$121M |
| 3 |
American International
AIG
|
+$104M |
| 4 |
Avis
CAR
|
+$102M |
| 5 |
Citigroup
C
|
+$91.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.56% |
| 2 | Industrials | 13.08% |
| 3 | Energy | 11.62% |
| 4 | Technology | 10.78% |
| 5 | Healthcare | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BRS
101
DELISTED
Bristow Group, Inc.
BRS
| $204M | 0.14% |
3,028,392
-19,508
| -0.6% | -$1.41M |
|
|
SNP
102
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $203M | 0.14% |
2,322,499
-72,999
| -3% | -$7.07M |
|
103
Host Hotels & Resorts
HST
$17.2B
| $202M | 0.14% |
9,469,408
+251,633
| +3% | +$5.6M |
|
104
Devon Energy
DVN
$50.9B
| $200M | 0.14% |
2,937,897
+39,782
| +1% | +$2.96M |
|
105
KB Financial Group
KB
$42.5B
| $200M | 0.14% |
5,526,464
-34,227
| -0.6% | -$1.3M |
|
106
SLB Ltd
SLB
$72.6B
| $198M | 0.14% |
1,948,700
+146,644
| +8% | +$16M |
|
107
TD Synnex
SNX
$20.2B
| $198M | 0.14% |
6,113,142
+98,678
| +2% | +$3.24M |
|
|
ENH
108
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $193M | 0.14% |
3,502,675
+27,624
| +0.8% | +$1.53M |
|
109
CME Group
CME
$96.1B
| $193M | 0.14% |
2,415,535
-353,054
| -13% | -$26.6M |
|
110
Novartis
NVS
$301B
| $193M | 0.14% |
2,288,774
-9,228
| -0.4% | -$747K |
|
111
Lumen
LUMN
$6.76B
| $193M | 0.14% |
4,717,151
+86,540
| +2% | +$3.4M |
|
112
International Paper
IP
$22.8B
| $192M | 0.14% |
4,252,310
+48,455
| +1% | +$2.23M |
|
113
Century Aluminum
CENX
$4.44B
| $192M | 0.14% |
7,378,412
+47,716
| +0.7% | +$1.05M |
|
114
Oracle
ORCL
$367B
| $192M | 0.14% |
5,004,949
+317,383
| +7% | +$12.9M |
|
115
Helix Energy Solutions
HLX
$1.36B
| $190M | 0.13% |
8,621,257
+148,511
| +2% | +$3.79M |
|
116
Corning
GLW
$116B
| $190M | 0.13% |
9,810,744
-1,124,247
| -10% | -$23.4M |
|
117
Home Depot
HD
$332B
| $190M | 0.13% |
2,066,589
+132,957
| +7% | +$11.4M |
|
|
ENIA
118
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $189M | 0.13% |
22,195,888
-16,261
| -0.1% | -$149K |
|
119
Hanover Insurance
THG
$8.05B
| $186M | 0.13% |
3,021,457
+99,432
| +3% | +$6.18M |
|
120
Alcoa
AA
$11.9B
| $184M | 0.13% |
4,762,866
-4,269
| -0.1% | -$167K |
|
|
CHU
121
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $182M | 0.13% |
12,138,503
-103,799
| -0.8% | -$1.73M |
|
|
IRF
122
DELISTED
INTL RECTIFIER CORP
IRF
| $182M | 0.13% |
4,644,208
+68,227
| +1% | +$2.22M |
|
|
CHK
123
DELISTED
Chesapeake Energy Corporation
CHK
| $181M | 0.13% |
39,413
+1,994
| +5% | +$10.5M |
|
124
Vodafone
VOD
$37.2B
| $180M | 0.13% |
5,485,095
+105,618
| +2% | +$3.52M |
|
125
Barclays
BCS
$93.4B
| $179M | 0.13% |
13,003,215
+49,209
| +0.4% | +$678K |
|
Similar funds
Dimensional Fund Advisors's Q3 2014 Portfolio in Review
As of Q3 2014, Dimensional Fund Advisors held 3,625 positions worth $141B, down 1.9% from $144B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 3.1%. Dimensional Fund Advisors opened 33 new positions and exited 79, leaving the 3,625-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q3 2014 buy was Liberty Media Series C: 2,340,661 shares worth $58.8M.
- Dimensional Fund Advisors added most to ExxonMobil in Q3 2014, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q3 2014 reduction was Bank of America, cutting an estimated $154M.
- Dimensional Fund Advisors fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $121M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $141B portfolio in Q3 2014.
- Dimensional Fund Advisors opened 33 new positions and closed 79 in Q3 2014.
- Dimensional Fund Advisors's portfolio value fell 1.9% quarter-over-quarter to $141B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2014, filed 13 Nov 2014.