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 | 20.18% |
| 2 | Industrials | 13.92% |
| 3 | Energy | 11.83% |
| 4 | Technology | 10.43% |
| 5 | Consumer Discretionary | 9.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WGL
1351
DELISTED
Wgl Holdings
WGL
| $23.5M | 0.02% |
587,739
+12,381
| +2% | +$515K |
|
1352
CBIZ
CBZ
$2.96B
| $23.5M | 0.02% |
2,580,347
+154,178
| +6% | +$1.3M |
|
|
APOL
1353
DELISTED
Apollo Education Group Inc Class A
APOL
| $23.5M | 0.02% |
861,199
+269,532
| +46% | +$6.69M |
|
1354
Cato Corp
CATO
$47.4M
| $23.5M | 0.02% |
739,772
+44,046
| +6% | +$1.36M |
|
1355
HUB Group
HUBG
$2.04B
| $23.5M | 0.02% |
1,178,478
+26,442
| +2% | +$495K |
|
|
SFE
1356
DELISTED
Safeguard Scientifics, Inc.
SFE
| $23.5M | 0.02% |
1,168,491
+7,651
| +0.7% | +$135K |
|
|
HIBB
1357
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $23.5M | 0.02% |
349,242
+10,450
| +3% | +$637K |
|
|
RFMD
1358
DELISTED
RF MICRO DEVICES INC
RFMD
| $23.5M | 0.02% |
4,548,308
-176,293
| -4% | -$945K |
|
1359
LXP Industrial Trust
LXP
$3.59B
| $23.5M | 0.02% |
459,489
+39,650
| +9% | +$2.16M |
|
|
SYNT
1360
DELISTED
Syntel Inc
SYNT
| $23.5M | 0.02% |
515,760
-35,178
| -6% | -$1.52M |
|
|
XLNX
1361
DELISTED
Xilinx Inc
XLNX
| $23.4M | 0.02% |
510,628
+12,780
| +3% | +$575K |
|
1362
American Electric Power
AEP
$66.2B
| $23.4M | 0.02% |
501,120
+26,790
| +6% | +$1.24M |
|
|
RGC
1363
DELISTED
Regal Entertainment Group
RGC
| $23.4M | 0.02% |
1,204,110
-4,487
| -0.4% | -$86K |
|
1364
Quanex
NX
$941M
| $23.4M | 0.02% |
1,175,573
+130,627
| +13% | +$2.37M |
|
1365
Textron
TXT
$13.9B
| $23.4M | 0.02% |
636,776
-1,275
| -0.2% | -$39.1K |
|
1366
Flowserve
FLS
$9.37B
| $23.4M | 0.02% |
296,957
-2,390
| -0.8% | -$166K |
|
|
VWTR
1367
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $23.4M | 0.02% |
1,012,421
+21,394
| +2% | +$501K |
|
1368
Flotek Industries
FTK
$1.11B
| $23.4M | 0.02% |
194,093
+19,552
| +11% | +$2.48M |
|
1369
National CineMedia
NCMI
$209M
| $23.3M | 0.02% |
116,982
+10,105
| +9% | +$1.88M |
|
1370
Iridium Communications
IRDM
$5.03B
| $23.3M | 0.02% |
3,728,970
+33,110
| +0.9% | +$200K |
|
|
ACAT
1371
DELISTED
Arctic Cat Inc
ACAT
| $23.3M | 0.02% |
409,404
-6,715
| -2% | -$371K |
|
1372
Merit Medical Systems
MMSI
$5.11B
| $23.3M | 0.02% |
1,480,470
+165,020
| +13% | +$2.5M |
|
1373
Myriad Genetics
MYGN
$396M
| $23.3M | 0.02% |
1,109,258
-10,672
| -1% | -$270K |
|
1374
Green Dot
GDOT
$751M
| $23.3M | 0.02% |
924,622
+270,655
| +41% | +$6.31M |
|
1375
Matthews International
MATW
$629M
| $23.2M | 0.02% |
545,321
+17,014
| +3% | +$694K |
|
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 20% of assets, up from 20% 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.