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 | |
|---|---|---|---|---|---|---|
1226
BHP
BHP
$211B
| $26.2M | 0.02% |
454,868
-5,093
| -1% | -$295K |
|
1227
Amkor Technology
AMKR
$10.6B
| $26.2M | 0.02% |
4,276,759
+102,292
| +2% | +$546K |
|
|
ATW
1228
DELISTED
Atwood Oceanics
ATW
| $26.2M | 0.02% |
490,807
+99,654
| +25% | +$5.38M |
|
|
PRA
1229
DELISTED
ProAssurance
PRA
| $26.2M | 0.02% |
539,871
+4,212
| +0.8% | +$196K |
|
|
ANEN
1230
DELISTED
ANAREN INC
ANEN
| $26.2M | 0.02% |
934,649
-975
| -0.1% | -$26.4K |
|
1231
WPP
WPP
$4.67B
| $26.2M | 0.02% |
227,759
-2,871
| -1% | -$307K |
|
1232
TTM Technologies
TTMI
$10.6B
| $26.1M | 0.02% |
3,046,020
+222,980
| +8% | +$2.06M |
|
|
ESIO
1233
DELISTED
Electro Scientific Industries
ESIO
| $26.1M | 0.02% |
2,497,654
+181,221
| +8% | +$1.91M |
|
|
SHLO
1234
DELISTED
Shiloh Industries Inc
SHLO
| $26.1M | 0.02% |
1,338,921
+31,314
| +2% | +$571K |
|
1235
Federal Agricultural Mortgage
AGM
$2.32B
| $26.1M | 0.02% |
762,260
+5,620
| +0.7% | +$194K |
|
1236
KBR
KBR
$4.56B
| $26.1M | 0.02% |
818,015
+90,453
| +12% | +$3.01M |
|
1237
SM Energy
SM
$7.6B
| $26.1M | 0.02% |
313,713
-1,782
| -0.6% | -$152K |
|
1238
Snap-on
SNA
$21.5B
| $26M | 0.02% |
237,562
-2,059
| -0.9% | -$214K |
|
1239
Innospec
IOSP
$2.09B
| $26M | 0.02% |
562,719
-5,960
| -1% | -$273K |
|
1240
Incyte
INCY
$25.4B
| $26M | 0.02% |
513,073
-5,072
| -1% | -$221K |
|
1241
Brinker International
EAT
$8.82B
| $26M | 0.02% |
560,444
-8,603
| -2% | -$381K |
|
|
CBR
1242
DELISTED
CIBER Inc.
CBR
| $26M | 0.02% |
6,271,226
-29,193
| -0.5% | -$104K |
|
1243
Spire
SR
$4.79B
| $26M | 0.02% |
569,885
+13,362
| +2% | +$615K |
|
|
CXO
1244
DELISTED
CONCHO RESOURCES INC.
CXO
| $25.9M | 0.02% |
240,365
+15,964
| +7% | +$1.73M |
|
|
FARO
1245
DELISTED
Faro Technologies
FARO
| $25.9M | 0.02% |
444,537
+34,990
| +9% | +$1.74M |
|
1246
Lindsay Corp
LNN
$1.14B
| $25.9M | 0.02% |
313,013
+10,291
| +3% | +$802K |
|
1247
Tractor Supply
TSCO
$16.3B
| $25.9M | 0.02% |
1,668,545
+5,145
| +0.3% | +$73.5K |
|
|
METR
1248
DELISTED
METRO BANCORP, INC COMMON STOCK
METR
| $25.9M | 0.02% |
1,200,921
-319
| -0% | -$6.92K |
|
|
HSNI
1249
DELISTED
HSN, Inc.
HSNI
| $25.8M | 0.02% |
414,685
-7,693
| -2% | -$435K |
|
1250
Digi International
DGII
$2.47B
| $25.8M | 0.02% |
2,131,086
+20,204
| +1% | +$217K |
|
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.