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 | |
|---|---|---|---|---|---|---|
|
PERY
1501
DELISTED
Perry Ellis International Inc
PERY
| $21M | 0.02% |
1,329,078
+2,682
| +0.2% | +$45.5K |
|
1502
LSB Industries
LXU
$798M
| $21M | 0.02% |
664,768
+17,010
| +3% | +$440K |
|
|
MHFI
1503
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $20.9M | 0.02% |
267,768
+6,484
| +2% | +$465K |
|
1504
Insperity
NSP
$1.89B
| $20.9M | 0.02% |
1,158,736
+33,618
| +3% | +$603K |
|
|
VIAS
1505
DELISTED
VIASYSTEMS GROUP INC COM STK (DE)
VIAS
| $20.9M | 0.02% |
1,526,971
+1,827
| +0.1% | +$26.4K |
|
1506
Telkom Indonesia
TLK
$13.9B
| $20.9M | 0.02% |
1,164,010
+112,376
| +11% | +$2.12M |
|
1507
Wabtec
WAB
$47B
| $20.9M | 0.02% |
280,773
-1,841
| -0.7% | -$124K |
|
|
ARG
1508
DELISTED
Airgas Inc
ARG
| $20.8M | 0.02% |
186,274
-841
| -0.4% | -$91.6K |
|
|
IPG
1509
DELISTED
Interpublic Group of Companies
IPG
| $20.8M | 0.02% |
1,174,276
-11,993
| -1% | -$202K |
|
1510
Team
TISI
$128M
| $20.8M | 0.02% |
49,033
+1,427
| +3% | +$550K |
|
1511
Chemed
CHE
$6.58B
| $20.8M | 0.02% |
270,930
-2,964
| -1% | -$219K |
|
|
RVBD
1512
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $20.7M | 0.02% |
1,146,940
+425,999
| +59% | +$6.9M |
|
|
MASI
1513
DELISTED
Masimo
MASI
| $20.7M | 0.02% |
709,039
+60,283
| +9% | +$1.69M |
|
1514
Sysco
SYY
$38.1B
| $20.7M | 0.02% |
573,181
-3,546
| -0.6% | -$120K |
|
|
TSS
1515
DELISTED
Total System Services, Inc.
TSS
| $20.6M | 0.02% |
620,052
+3,400
| +0.6% | +$104K |
|
|
RAI
1516
DELISTED
Reynolds American Inc
RAI
| $20.6M | 0.02% |
825,234
+10,022
| +1% | +$253K |
|
1517
Henry Schein
HSIC
$9.54B
| $20.6M | 0.02% |
460,242
+1,517
| +0.3% | +$66.4K |
|
1518
Columbus McKinnon
CMCO
$455M
| $20.5M | 0.02% |
756,878
+21,399
| +3% | +$559K |
|
1519
ArcelorMittal
MT
$54.5B
| $20.5M | 0.02% |
503,128
+158,480
| +46% | +$5.89M |
|
|
P
1520
DELISTED
Pandora Media Inc
P
| $20.5M | 0.02% |
770,678
+5,433
| +0.7% | +$149K |
|
1521
Cohu
COHU
$2.67B
| $20.5M | 0.02% |
1,948,451
+8,167
| +0.4% | +$82.7K |
|
|
HITT
1522
DELISTED
HITTITE MICROWAVE CORP
HITT
| $20.4M | 0.02% |
330,835
+71,290
| +27% | +$4.46M |
|
|
AMTD
1523
DELISTED
TD Ameritrade Holding Corp
AMTD
| $20.4M | 0.02% |
666,481
-4,331
| -0.6% | -$123K |
|
1524
Scotiabank
BNS
$114B
| $20.4M | 0.02% |
351,254
+128,858
| +58% | +$7.23M |
|
|
EXPR
1525
DELISTED
Express, Inc.
EXPR
| $20.4M | 0.02% |
54,664
+2,671
| +5% | +$1.18M |
|
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.