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 |
Pfizer
PFE
|
+$243M |
| 2 |
ExxonMobil
XOM
|
+$154M |
| 3 |
AT&T
T
|
+$142M |
| 4 |
Intel
INTC
|
+$127M |
| 5 |
PACW
PacWest Bancorp
PACW
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CSE
CAPITALSOURCE INC
CSE
|
+$173M |
| 2 |
American International
AIG
|
+$148M |
| 3 |
Citigroup
C
|
+$142M |
| 4 |
Bank of America
BAC
|
+$114M |
| 5 |
JNY
JONES GROUP INC COM STK (PA)
JNY
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.57% |
| 2 | Industrials | 13.27% |
| 3 | Energy | 12.09% |
| 4 | Technology | 10.54% |
| 5 | Consumer Discretionary | 8.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1551
Tenet Healthcare
THC
$20.4B
| $22.2M | 0.02% |
473,346
+6,498
| +1% | +$294K |
|
|
OSG
1552
Octave Specialty Group
OSG
$253M
| $22.2M | 0.02% |
813,374
+444,363
| +120% | +$12.9M |
|
1553
Badger Meter
BMI
$4.07B
| $22.2M | 0.02% |
843,700
+48,782
| +6% | +$1.25M |
|
1554
Navient
NAVI
$880M
| $22.2M | 0.02% |
+1,253,708
| New | +$20.7M |
|
1555
FMC
FMC
$1.32B
| $22.2M | 0.02% |
359,462
+86,038
| +31% | +$5.63M |
|
1556
Insperity
NSP
$2.02B
| $22.2M | 0.02% |
1,342,824
+153,432
| +13% | +$2.44M |
|
1557
Raymond James Financial
RJF
$34.3B
| $22.1M | 0.02% |
652,380
+4,521
| +0.7% | +$151K |
|
|
ZEUS
1558
DELISTED
Olympic Steel
ZEUS
| $22M | 0.02% |
890,866
+2,210
| +0.2% | +$55K |
|
1559
Westamerica Bancorp
WABC
$1.39B
| $22M | 0.02% |
421,440
-1,100
| -0.3% | -$56.1K |
|
1560
British American Tobacco
BTI
$128B
| $22M | 0.02% |
369,830
+139,304
| +60% | +$8.16M |
|
|
AXON
1561
Axon Enterprise
AXON
$48.9B
| $22M | 0.02% |
1,653,491
+214,519
| +15% | +$3.19M |
|
1562
National Grid
NGG
$80.9B
| $22M | 0.02% |
306,318
+6,344
| +2% | +$439K |
|
|
TIF
1563
DELISTED
Tiffany & Co.
TIF
| $22M | 0.02% |
219,002
+8,376
| +4% | +$777K |
|
1564
Woodward
WWD
$22.1B
| $21.9M | 0.02% |
437,064
+39,413
| +10% | +$1.8M |
|
1565
Brown & Brown
BRO
$23.8B
| $21.9M | 0.02% |
1,426,034
+32,948
| +2% | +$495K |
|
|
COWN
1566
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $21.9M | 0.02% |
1,296,090
+125,058
| +11% | +$2.06M |
|
1567
Kratos Defense & Security Solutions
KTOS
$9.73B
| $21.8M | 0.02% |
2,801,097
+344,536
| +14% | +$2.67M |
|
|
CNSL
1568
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $21.8M | 0.02% |
982,242
+98,031
| +11% | +$1.98M |
|
1569
L3Harris
LHX
$53.1B
| $21.8M | 0.02% |
288,288
+9,973
| +4% | +$743K |
|
1570
Broadcom
AVGO
$1.99T
| $21.8M | 0.02% |
3,030,750
+821,950
| +37% | +$5.52M |
|
1571
American Eagle Outfitters
AEO
$3.03B
| $21.8M | 0.02% |
1,943,199
+1,076,930
| +124% | +$12.2M |
|
1572
EPAM Systems
EPAM
$5.85B
| $21.8M | 0.02% |
498,348
+86,619
| +21% | +$3.28M |
|
1573
Global Payments
GPN
$24.1B
| $21.8M | 0.02% |
598,468
+18,956
| +3% | +$652K |
|
1574
Henry Schein
HSIC
$10.2B
| $21.8M | 0.02% |
468,004
-181
| -0% | -$8.28K |
|
|
PFC
1575
DELISTED
Premier Financial Corp. Common Stock
PFC
| $21.8M | 0.02% |
1,517,774
+23,712
| +2% | +$327K |
|
Similar funds
Dimensional Fund Advisors's Q2 2014 Portfolio in Review
As of Q2 2014, Dimensional Fund Advisors held 3,651 positions worth $144B, up 7.5% from $134B the previous quarter. Its ten largest holdings account for 8.4% of the portfolio.
Dimensional Fund Advisors deployed $4.6B of net new capital in Q2 2014, opening 55 new positions and adding to 2,274 existing holdings. Its largest new stake was Washington Prime Group Inc.: 199,620 shares worth $33.7M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Energy.
On the sell side, the largest reduction was American International, an estimated $148M trimmed.
- Dimensional Fund Advisors's largest Q2 2014 buy was Washington Prime Group Inc.: 199,620 shares worth $33.7M.
- Dimensional Fund Advisors added most to Pfizer in Q2 2014, an estimated $243M increase.
- Dimensional Fund Advisors's biggest Q2 2014 reduction was American International, cutting an estimated $148M.
- Dimensional Fund Advisors fully exited CAPITALSOURCE INC in Q2 2014, selling an estimated $173M.
- Dimensional Fund Advisors's ten largest holdings make up 8.4% of its $144B portfolio in Q2 2014.
- Dimensional Fund Advisors opened 55 new positions and closed 60 in Q2 2014.
- Dimensional Fund Advisors's portfolio value rose 7.5% quarter-over-quarter to $144B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2014, filed 8 Aug 2014.