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 |
ExxonMobil
XOM
|
+$344M |
| 2 |
Intel
INTC
|
+$219M |
| 3 |
Apple
AAPL
|
+$206M |
| 4 |
Pfizer
PFE
|
+$201M |
| 5 |
JPMorgan Chase
JPM
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vodafone
VOD
|
+$173M |
| 2 |
Bank of America
BAC
|
+$171M |
| 3 |
Citigroup
C
|
+$111M |
| 4 |
VPHM
VIROPHARMA INC
VPHM
|
+$103M |
| 5 |
LEAP
LEAP WIRELESS INTERNATIONAL INC NEW
LEAP
|
+$48.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.88% |
| 2 | Industrials | 13.29% |
| 3 | Energy | 11.48% |
| 4 | Technology | 10.2% |
| 5 | Healthcare | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Webster Financial
WBS
$12.5B
| $169M | 0.13% |
5,451,556
-759
| -0% | -$23.3K |
|
127
Visa
V
$673B
| $169M | 0.13% |
3,127,904
+15,500
| +0.5% | +$861K |
|
|
CHL
128
DELISTED
China Mobile Limited
CHL
| $168M | 0.13% |
3,692,905
+135,580
| +4% | +$6.44M |
|
|
UMPQ
129
DELISTED
Umpqua Holdings Corp
UMPQ
| $168M | 0.13% |
9,015,903
-134,276
| -1% | -$2.43M |
|
130
Vishay Intertechnology
VSH
$5.18B
| $168M | 0.13% |
11,272,839
-31,328
| -0.3% | -$440K |
|
131
Kemper
KMPR
$1.71B
| $164M | 0.12% |
4,199,542
+3,702
| +0.1% | +$142K |
|
132
PepsiCo
PEP
$191B
| $164M | 0.12% |
1,966,947
+340,734
| +21% | +$27.7M |
|
133
AngloGold Ashanti
AU
$41.6B
| $164M | 0.12% |
9,580,589
+1,140,865
| +14% | +$18.1M |
|
134
Trinity Industries
TRN
$2.73B
| $163M | 0.12% |
6,292,442
+180,022
| +3% | +$4.15M |
|
|
QVCGA
135
DELISTED
QVC Group Inc Series A
QVCGA
| $161M | 0.12% |
136,018
-2,162
| -2% | -$2.53M |
|
136
Lincoln National
LNC
$8.8B
| $160M | 0.12% |
3,165,908
-21,759
| -0.7% | -$1.09M |
|
|
CHU
137
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $160M | 0.12% |
12,140,296
-151,168
| -1% | -$1.99M |
|
138
Genworth Financial
GNW
$3.81B
| $158M | 0.12% |
8,925,213
+3,681
| +0% | +$59.1K |
|
139
Constellation Brands
STZ
$22.3B
| $158M | 0.12% |
1,854,432
+2,360
| +0.1% | +$188K |
|
140
Carnival Corporation Ltd
CCL
$38B
| $157M | 0.12% |
4,152,345
-10,259
| -0.2% | -$407K |
|
|
SUSQ
141
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $157M | 0.12% |
13,786,584
+10,199
| +0.1% | +$116K |
|
|
OCR
142
DELISTED
OMNICARE INC
OCR
| $155M | 0.12% |
2,591,496
+1,310
| +0.1% | +$79.4K |
|
143
Western Digital
WDC
$184B
| $154M | 0.12% |
2,226,179
-16,495
| -0.7% | -$1.08M |
|
144
Arrow Electronics
ARW
$10.9B
| $154M | 0.12% |
2,597,253
+21,521
| +0.8% | +$1.17M |
|
145
Wintrust Financial
WTFC
$10.8B
| $154M | 0.11% |
3,158,907
+18,681
| +0.6% | +$860K |
|
146
Regions Financial
RF
$26.3B
| $154M | 0.11% |
13,827,950
+254,403
| +2% | +$2.68M |
|
147
Shinhan Financial Group
SHG
$34B
| $153M | 0.11% |
3,480,687
-41,755
| -1% | -$1.73M |
|
148
Curtiss-Wright
CW
$26.5B
| $153M | 0.11% |
2,406,804
-110,536
| -4% | -$6.99M |
|
149
Louisiana-Pacific
LPX
$5.02B
| $153M | 0.11% |
9,040,548
+787,927
| +10% | +$13.8M |
|
150
Fidelity National Information Services
FIS
$23.8B
| $151M | 0.11% |
2,829,921
+26,143
| +0.9% | +$1.39M |
|
Similar funds
Dimensional Fund Advisors's Q1 2014 Portfolio in Review
As of Q1 2014, Dimensional Fund Advisors held 3,643 positions worth $134B, up 4.3% from $128B the previous quarter. Its ten largest holdings account for 8.4% of the portfolio.
Trading was light in Q1 2014: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 102 new positions and exited 48, leaving the 3,643-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q1 2014 buy was SIZMEK INC COM STK (DE): 1,323,230 shares worth $14.1M.
- Dimensional Fund Advisors added most to ExxonMobil in Q1 2014, an estimated $344M increase.
- Dimensional Fund Advisors's biggest Q1 2014 reduction was Vodafone, cutting an estimated $173M.
- Dimensional Fund Advisors fully exited VIROPHARMA INC in Q1 2014, selling an estimated $103M.
- Dimensional Fund Advisors's ten largest holdings make up 8.4% of its $134B portfolio in Q1 2014.
- Dimensional Fund Advisors opened 102 new positions and closed 48 in Q1 2014.
- Dimensional Fund Advisors's portfolio value rose 4.3% quarter-over-quarter to $134B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2014, filed 14 May 2014.