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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$137M |
| 2 |
Pfizer
PFE
|
+$114M |
| 3 |
JPMorgan Chase
JPM
|
+$107M |
| 4 |
ExxonMobil
XOM
|
+$93.3M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$86.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FON
SPRINT CORP FON COM
FON
|
+$201M |
| 2 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
+$182M |
| 3 |
Zoetis
ZTS
|
+$104M |
| 4 |
Goldman Sachs
GS
|
+$79.1M |
| 5 |
BKI
BUCKEYE TECHNOLOGY INC
BKI
|
+$74.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.71% |
| 2 | Industrials | 13.9% |
| 3 | Energy | 11.81% |
| 4 | Technology | 10.02% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VRE
1426
DELISTED
Veris Residential
VRE
| $19.8M | 0.02% |
901,753
+4,707
| +0.5% | +$107K |
|
1427
Incyte
INCY
$25.9B
| $19.8M | 0.02% |
518,145
-57,984
| -10% | -$1.71M |
|
|
EDE
1428
DELISTED
Empire District Electric
EDE
| $19.8M | 0.02% |
911,889
+65,878
| +8% | +$1.48M |
|
1429
Johnson Outdoors
JOUT
$464M
| $19.7M | 0.02% |
736,071
-1,364
| -0.2% | -$35.3K |
|
1430
Avista
AVA
$3.08B
| $19.7M | 0.02% |
747,356
+9,804
| +1% | +$269K |
|
1431
Zumiez
ZUMZ
$206M
| $19.7M | 0.02% |
716,482
+48,638
| +7% | +$1.36M |
|
1432
California Water Service
CWT
$2.96B
| $19.7M | 0.02% |
968,606
+32,798
| +4% | +$675K |
|
1433
Quanex
NX
$941M
| $19.7M | 0.02% |
1,044,946
+5,894
| +0.6% | +$104K |
|
|
PPO
1434
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $19.7M | 0.02% |
479,722
+2,994
| +0.6% | +$128K |
|
1435
Adtran
ADTN
$579M
| $19.6M | 0.02% |
737,479
+206,885
| +39% | +$5.37M |
|
1436
Hancock Whitney
HWC
$5.99B
| $19.6M | 0.02% |
625,181
+95,881
| +18% | +$3.1M |
|
|
SNBR
1437
DELISTED
Sleep Number
SNBR
| $19.6M | 0.02% |
804,441
+152,801
| +23% | +$3.67M |
|
1438
Chemed
CHE
$6.61B
| $19.6M | 0.02% |
273,894
-5,510
| -2% | -$392K |
|
|
CEC
1439
DELISTED
CEC ENTERTAINMENT INC
CEC
| $19.5M | 0.02% |
426,084
+19,501
| +5% | +$839K |
|
1440
Labcorp
LH
$26.2B
| $19.5M | 0.02% |
229,427
+28,485
| +14% | +$2.4M |
|
|
SMRT
1441
DELISTED
Stein Mart Inc
SMRT
| $19.5M | 0.02% |
1,423,050
-7,976
| -0.6% | -$107K |
|
|
TPLM
1442
DELISTED
Triangle Petroleum Corporation
TPLM
| $19.5M | 0.02% |
1,988,189
+300,236
| +18% | +$2.29M |
|
1443
CarMax
KMX
$8.28B
| $19.5M | 0.02% |
402,732
+12,419
| +3% | +$607K |
|
|
AMCC
1444
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $19.5M | 0.02% |
1,510,548
-176,054
| -10% | -$2M |
|
1445
Cato Corp
CATO
$47.4M
| $19.5M | 0.02% |
695,726
+9,374
| +1% | +$256K |
|
1446
Central Garden & Pet Co Class A
CENTA
$2.19B
| $19.5M | 0.02% |
3,551,116
-9,739
| -0.3% | -$53.4K |
|
|
CSS
1447
DELISTED
CSS Industries, Inc.
CSS
| $19.5M | 0.02% |
810,258
-2,053
| -0.3% | -$51.7K |
|
1448
First Industrial Realty Trust
FR
$8.27B
| $19.4M | 0.02% |
1,192,693
+87,563
| +8% | +$1.41M |
|
1449
Matrix Service
MTRX
$282M
| $19.4M | 0.02% |
988,693
+17,821
| +2% | +$299K |
|
|
PPL
1450
PPL Corp
PPL
$25.3B
| $19.4M | 0.02% |
685,366
+82,527
| +14% | +$2.37M |
|
Similar funds
Dimensional Fund Advisors's Q3 2013 Portfolio in Review
As of Q3 2013, Dimensional Fund Advisors held 3,633 positions worth $116B, up 8.8% from $106B the previous quarter. Its ten largest holdings account for 8.5% of the portfolio.
Trading was light in Q3 2013: portfolio turnover was 2.7%. Dimensional Fund Advisors opened 48 new positions and exited 50, leaving the 3,633-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 4,364,241 shares worth $146M.
- Dimensional Fund Advisors added most to Pfizer in Q3 2013, an estimated $114M increase.
- Dimensional Fund Advisors's biggest Q3 2013 reduction was Zoetis, cutting an estimated $104M.
- Dimensional Fund Advisors fully exited SPRINT CORP FON COM in Q3 2013, selling an estimated $201M.
- Dimensional Fund Advisors's ten largest holdings make up 8.5% of its $116B portfolio in Q3 2013.
- Dimensional Fund Advisors opened 48 new positions and closed 50 in Q3 2013.
- Dimensional Fund Advisors's portfolio value rose 8.8% quarter-over-quarter to $116B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2013, filed 13 Nov 2013.