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 | |
|---|---|---|---|---|---|---|
|
PDLI
1376
DELISTED
PDL BioPharma, Inc.
PDLI
| $23.2M | 0.02% |
2,751,695
-83,996
| -3% | -$708K |
|
|
EQC
1377
DELISTED
Equity Commonwealth
EQC
| $23.2M | 0.02% |
995,755
| – | – |
|
|
CSS
1378
DELISTED
CSS Industries, Inc.
CSS
| $23.2M | 0.02% |
809,274
-984
| -0.1% | -$26.3K |
|
1379
California Water Service
CWT
$2.96B
| $23.2M | 0.02% |
1,004,895
+36,289
| +4% | +$790K |
|
1380
Suncor Energy
SU
$81.3B
| $23.1M | 0.02% |
659,841
+46,610
| +8% | +$1.64M |
|
1381
Hanmi Financial
HAFC
$956M
| $23.1M | 0.02% |
1,056,369
+89,017
| +9% | +$1.69M |
|
1382
COPT Defense Properties
CDP
$3.92B
| $23.1M | 0.02% |
973,664
+49,819
| +5% | +$1.16M |
|
1383
PACCAR
PCAR
$61.8B
| $23M | 0.02% |
584,087
+1,209
| +0.2% | +$45.8K |
|
|
CPN
1384
DELISTED
Calpine Corporation
CPN
| $23M | 0.02% |
1,178,513
-7,500
| -0.6% | -$146K |
|
|
RRTS
1385
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $23M | 0.02% |
34,124
+3,781
| +12% | +$2.5M |
|
1386
Exelon
EXC
$43.9B
| $23M | 0.02% |
1,176,425
-6,214
| -0.5% | -$125K |
|
1387
Park National Corp
PRK
$3.3B
| $23M | 0.02% |
270,145
+1,962
| +0.7% | +$159K |
|
1388
Cheniere Energy
LNG
$55.7B
| $23M | 0.02% |
532,792
-1,926
| -0.4% | -$76.7K |
|
|
PLKI
1389
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $23M | 0.02% |
596,689
+24,869
| +4% | +$1.05M |
|
1390
IDEX
IEX
$16.4B
| $23M | 0.02% |
310,839
-6,265
| -2% | -$435K |
|
1391
Donegal Group Class A
DGICA
$700M
| $22.9M | 0.02% |
1,443,296
+3,117
| +0.2% | +$49.3K |
|
1392
Extreme Networks
EXTR
$2.91B
| $22.9M | 0.02% |
3,273,472
+59,415
| +2% | +$369K |
|
1393
Westamerica Bancorp
WABC
$1.39B
| $22.9M | 0.02% |
405,098
+18,144
| +5% | +$968K |
|
|
CUB
1394
DELISTED
Cubic Corporation
CUB
| $22.9M | 0.02% |
434,253
+33,047
| +8% | +$1.74M |
|
|
KRA
1395
DELISTED
Kraton Corporation
KRA
| $22.9M | 0.02% |
991,698
+113,780
| +13% | +$2.46M |
|
1396
Banco Bilbao Vizcaya Argentaria
BBVA
$159B
| $22.9M | 0.02% |
1,940,666
+23,902
| +1% | +$267K |
|
|
APFC
1397
DELISTED
AMERICAN PACIFIC CORP
APFC
| $22.8M | 0.02% |
613,230
+10,084
| +2% | +$448K |
|
1398
BorgWarner
BWA
$13B
| $22.8M | 0.02% |
464,045
-2,494
| -0.5% | -$115K |
|
|
CBM
1399
DELISTED
Cambrex Corporation
CBM
| $22.8M | 0.02% |
1,280,427
+37,142
| +3% | +$642K |
|
1400
Ryman Hospitality Properties
RHP
$8.32B
| $22.8M | 0.02% |
546,375
-563,645
| -51% | -$22.2M |
|
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.