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
|
+$320M |
| 2 |
Banco Santander
SAN
|
+$176M |
| 3 |
AT&T
T
|
+$171M |
| 4 |
Ford
F
|
+$95.9M |
| 5 |
Cisco
CSCO
|
+$87M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Santander
BSBR
|
+$187M |
| 2 |
Union Pacific
UNP
|
+$98.1M |
| 3 |
URS
URS CORP
URS
|
+$96.4M |
| 4 |
SUNE
SUNEDISON, INC COM
SUNE
|
+$67.9M |
| 5 |
Avis
CAR
|
+$66.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.07% |
| 2 | Industrials | 13.39% |
| 3 | Technology | 11.08% |
| 4 | Energy | 9.38% |
| 5 | Consumer Discretionary | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HES
101
DELISTED
Hess
HES
| $213M | 0.14% |
2,887,139
-84,658
| -3% | -$6.71M |
|
|
ENH
102
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $213M | 0.14% |
3,559,618
+56,943
| +2% | +$3.27M |
|
103
Royal Caribbean
RCL
$86.1B
| $212M | 0.14% |
2,573,519
+54,486
| +2% | +$3.82M |
|
104
Target
TGT
$65.6B
| $212M | 0.14% |
2,794,270
+385,378
| +16% | +$26M |
|
105
POSCO
PKX
$16.5B
| $211M | 0.14% |
3,313,409
+54,288
| +2% | +$3.75M |
|
|
MRO
106
DELISTED
Marathon Oil Corporation
MRO
| $208M | 0.14% |
7,365,569
+207,305
| +3% | +$6.59M |
|
107
Corning
GLW
$116B
| $208M | 0.14% |
9,081,748
-728,996
| -7% | -$14.8M |
|
|
108
Banco Santander
SAN
$202B
| $206M | 0.14% |
26,647,132
+21,889,883
| +460% | +$176M |
|
109
Hartford Financial Services
HIG
$39.2B
| $205M | 0.13% |
4,906,213
+106,978
| +2% | +$4.23M |
|
110
Visa
V
$673B
| $204M | 0.13% |
3,106,392
+166,596
| +6% | +$10M |
|
111
PNC Financial Services
PNC
$99.2B
| $200M | 0.13% |
2,189,630
+266,535
| +14% | +$23.1M |
|
|
SUSQ
112
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $199M | 0.13% |
14,790,927
+184,779
| +1% | +$2.15M |
|
113
Vale
VALE
$63.8B
| $198M | 0.13% |
24,223,024
+1,073,481
| +5% | +$10.1M |
|
114
Lumen
LUMN
$6.76B
| $196M | 0.13% |
4,955,831
+238,680
| +5% | +$9.55M |
|
|
BRS
115
DELISTED
Bristow Group, Inc.
BRS
| $196M | 0.13% |
2,976,847
-51,545
| -2% | -$3.48M |
|
116
Webster Financial
WBS
$12.5B
| $196M | 0.13% |
6,017,716
+91,743
| +2% | +$2.84M |
|
117
Seaboard Corp
SEB
$4.32B
| $194M | 0.13% |
46,203
+174
| +0.4% | +$586K |
|
118
Meta Platforms (Facebook)
META
$1.37T
| $191M | 0.13% |
2,452,034
+383,164
| +19% | +$29.3M |
|
119
Helix Energy Solutions
HLX
$1.36B
| $191M | 0.13% |
8,803,145
+181,888
| +2% | +$4.33M |
|
|
ENIA
120
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $191M | 0.13% |
22,060,334
-135,554
| -0.6% | -$1.16M |
|
121
Novartis
NVS
$301B
| $190M | 0.12% |
2,287,271
-1,503
| -0.1% | -$125K |
|
122
Vodafone
VOD
$37.2B
| $190M | 0.12% |
5,550,460
+65,365
| +1% | +$2.2M |
|
123
Xerox
XRX
$456M
| $188M | 0.12% |
5,148,420
+123,799
| +2% | +$4.37M |
|
|
GGP
124
DELISTED
GGP Inc.
GGP
| $188M | 0.12% |
6,672,802
+34,904
| +0.5% | +$907K |
|
|
BHI
125
DELISTED
Baker Hughes
BHI
| $187M | 0.12% |
3,331,238
+85,614
| +3% | +$4.83M |
|
Similar funds
Dimensional Fund Advisors's Q4 2014 Portfolio in Review
As of Q4 2014, Dimensional Fund Advisors held 3,615 positions worth $152B, up 7.9% from $141B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Dimensional Fund Advisors deployed $5.68B of net new capital in Q4 2014, opening 70 new positions and adding to 2,264 existing holdings. Its largest new stake was Avid Technology Inc: 2,313,849 shares worth $32.9M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Industrials and Technology.
On the sell side, the largest reduction was Santander, an estimated $187M trimmed.
- Dimensional Fund Advisors's largest Q4 2014 buy was Avid Technology Inc: 2,313,849 shares worth $32.9M.
- Dimensional Fund Advisors added most to ExxonMobil in Q4 2014, an estimated $320M increase.
- Dimensional Fund Advisors's biggest Q4 2014 reduction was Santander, cutting an estimated $187M.
- Dimensional Fund Advisors fully exited URS CORP in Q4 2014, selling an estimated $96.4M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $152B portfolio in Q4 2014.
- Dimensional Fund Advisors opened 70 new positions and closed 98 in Q4 2014.
- Dimensional Fund Advisors's portfolio value rose 7.9% quarter-over-quarter to $152B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2014, filed 6 Feb 2015.