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 | |
|---|---|---|---|---|---|---|
1426
NorthWestern Energy
NWE
$4.2B
| $22.3M | 0.02% |
515,036
+18,175
| +4% | +$811K |
|
1427
BancFirst
BANF
$3.64B
| $22.3M | 0.02% |
795,460
+10,770
| +1% | +$298K |
|
|
AE
1428
DELISTED
Adams Resources & Energy Inc
AE
| $22.3M | 0.02% |
325,250
+78
| +0% | +$4.39K |
|
1429
Global Indemnity Group
GBLI
$405M
| $22.3M | 0.02% |
880,003
+1,825
| +0.2% | +$46.1K |
|
1430
Keurig Dr Pepper
KDP
$42.4B
| $22.2M | 0.02% |
456,257
+2,741
| +0.6% | +$129K |
|
1431
Crocs
CROX
$5.81B
| $22.2M | 0.02% |
1,391,551
+95,963
| +7% | +$1.28M |
|
|
PNX
1432
DELISTED
PHOENIX COMPANIES INC. NEW
PNX
| $22.1M | 0.02% |
360,513
-3,966
| -1% | -$184K |
|
1433
Foster
FSTR
$390M
| $22.1M | 0.02% |
467,961
+10,044
| +2% | +$460K |
|
1434
Virtus Investment Partners
VRTS
$849M
| $22.1M | 0.02% |
110,482
-23,005
| -17% | -$4.42M |
|
1435
Sempra
SRE
$53B
| $22.1M | 0.02% |
491,824
+17,692
| +4% | +$786K |
|
1436
Avery Dennison
AVY
$12.8B
| $22M | 0.02% |
439,003
+3,284
| +0.8% | +$155K |
|
1437
Cintas
CTAS
$79B
| $22M | 0.02% |
1,478,116
-2,164
| -0.1% | -$29.4K |
|
1438
FerroAtlántica
GSM
$783M
| $22M | 0.02% |
1,221,732
+248,035
| +25% | +$4.27M |
|
|
MPT
1439
Medical Properties Trust
MPT
$2.09B
| $22M | 0.02% |
1,798,598
+91,587
| +5% | +$1.17M |
|
1440
Skyworks Solutions
SWKS
$13.4B
| $22M | 0.02% |
769,461
+80,809
| +12% | +$2.12M |
|
1441
City Holding Co
CHCO
$1.99B
| $21.9M | 0.02% |
472,306
+10,046
| +2% | +$462K |
|
1442
Gorman-Rupp
GRC
$1.88B
| $21.9M | 0.02% |
654,047
+8,567
| +1% | +$271K |
|
|
PGI
1443
DELISTED
PREMIERE GLOBAL SERVICES, INC.
PGI
| $21.9M | 0.02% |
1,885,731
-29,439
| -2% | -$290K |
|
1444
QuidelOrtho
QDEL
$753M
| $21.8M | 0.02% |
707,030
+89
| +0% | +$2.28K |
|
1445
Autoliv
ALV
$8.58B
| $21.8M | 0.02% |
330,022
-21,096
| -6% | -$1.38M |
|
1446
Liberty Global Class A
LBTYA
$3.44B
| $21.8M | 0.02% |
594,793
+181,383
| +44% | +$6.08M |
|
|
GIFI
1447
DELISTED
Gulf Island Fabrication
GIFI
| $21.8M | 0.02% |
937,943
+11,601
| +1% | +$286K |
|
1448
Mercer International
MERC
$25.7M
| $21.8M | 0.02% |
2,184,468
+11,947
| +0.5% | +$107K |
|
1449
Tejon Ranch
TRC
$433M
| $21.8M | 0.02% |
610,186
-7,431
| -1% | -$247K |
|
1450
Carlisle Companies
CSL
$12.6B
| $21.8M | 0.02% |
273,939
+2,483
| +0.9% | +$182K |
|
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.