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 | |
|---|---|---|---|---|---|---|
1401
Crown Castle
CCI
$31.4B
| $22.8M | 0.02% |
310,895
+23,562
| +8% | +$1.74M |
|
1402
MillerKnoll
MLKN
$1.45B
| $22.8M | 0.02% |
772,485
+51,947
| +7% | +$1.55M |
|
|
LSI
1403
DELISTED
Life Storage, Inc.
LSI
| $22.8M | 0.02% |
523,902
+23,760
| +5% | +$1.12M |
|
|
BBBY
1404
DELISTED
Bed Bath & Beyond Inc
BBBY
| $22.8M | 0.02% |
283,318
-3,025
| -1% | -$234K |
|
|
GNCMA
1405
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $22.7M | 0.02% |
2,040,133
+24,624
| +1% | +$240K |
|
1406
CNX Resources
CNX
$4.96B
| $22.7M | 0.02% |
717,509
+57,919
| +9% | +$1.77M |
|
|
HW
1407
DELISTED
Headwaters Inc
HW
| $22.7M | 0.02% |
2,322,249
-480,981
| -17% | -$4.43M |
|
1408
Becton Dickinson
BDX
$49.4B
| $22.7M | 0.02% |
210,666
+4,606
| +2% | +$478K |
|
|
DCOM
1409
DELISTED
Dime Community Bancshares
DCOM
| $22.7M | 0.02% |
1,342,025
+69,666
| +5% | +$1.15M |
|
|
SJI
1410
DELISTED
South Jersey Industries, Inc.
SJI
| $22.6M | 0.02% |
808,510
+21,436
| +3% | +$613K |
|
1411
TTEC Holdings
TTEC
$59.6M
| $22.6M | 0.02% |
944,753
+21,212
| +2% | +$534K |
|
1412
Magnachip Semiconductor
MX
$103M
| $22.6M | 0.02% |
1,159,445
+73,483
| +7% | +$1.48M |
|
1413
Motorola Solutions
MSI
$76.1B
| $22.5M | 0.02% |
333,817
-4,981
| -1% | -$318K |
|
1414
Intuit
INTU
$83.7B
| $22.5M | 0.02% |
295,086
+4,895
| +2% | +$352K |
|
1415
Marcus Corp
MCS
$862M
| $22.5M | 0.02% |
1,673,820
-262
| -0% | -$3.7K |
|
|
HR
1416
DELISTED
Healthcare Realty Trust Incorporated
HR
| $22.5M | 0.02% |
1,053,837
+41,406
| +4% | +$938K |
|
1417
Raymond James Financial
RJF
$31.5B
| $22.5M | 0.02% |
645,327
+11,485
| +2% | +$356K |
|
|
VCBI
1418
DELISTED
VIRGINIA COMMERCE BANCORP
VCBI
| $22.4M | 0.02% |
1,321,196
-1,825
| -0.1% | -$30.2K |
|
1419
Moody's
MCO
$80B
| $22.4M | 0.02% |
285,960
+1,754
| +0.6% | +$128K |
|
|
ORIT
1420
DELISTED
Oritani Financial Corp. New
ORIT
| $22.4M | 0.02% |
1,397,958
+81,691
| +6% | +$1.32M |
|
1421
AutoZone
AZO
$46.4B
| $22.4M | 0.02% |
46,927
+4,015
| +9% | +$1.8M |
|
1422
Cimpress
CMPR
$1.98B
| $22.4M | 0.02% |
393,646
-1,829
| -0.5% | -$102K |
|
|
IIP
1423
DELISTED
INTERNAP NETWORK SERVICES CORPORATION
IIP
| $22.4M | 0.02% |
2,975,575
-17,160
| -0.6% | -$129K |
|
1424
Ameris Bancorp
ABCB
$5.57B
| $22.3M | 0.02% |
1,057,885
+25,663
| +2% | +$493K |
|
1425
Ethan Allen Interiors
ETD
$541M
| $22.3M | 0.02% |
733,860
-11,276
| -2% | -$318K |
|
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.