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 | |
|---|---|---|---|---|---|---|
|
LO
1576
DELISTED
LORILLARD INC COM STK
LO
| $19.6M | 0.02% |
386,769
+908
| +0.2% | +$45.2K |
|
|
ININ
1577
DELISTED
Interactive Intelligence Group, inc.
ININ
| $19.6M | 0.02% |
290,621
-5,010
| -2% | -$321K |
|
1578
Gentherm
THRM
$1.13B
| $19.6M | 0.02% |
729,948
+19,886
| +3% | +$456K |
|
1579
Tenet Healthcare
THC
$21.2B
| $19.6M | 0.02% |
464,470
-92,215
| -17% | -$4.01M |
|
|
SMRT
1580
DELISTED
Stein Mart Inc
SMRT
| $19.5M | 0.02% |
1,452,065
+29,015
| +2% | +$419K |
|
1581
Timken Company
TKR
$8.06B
| $19.5M | 0.02% |
494,986
+53,820
| +12% | +$2.1M |
|
1582
Rambus
RMBS
$9.23B
| $19.5M | 0.02% |
2,058,439
+190,108
| +10% | +$1.71M |
|
1583
Dollar Tree
DLTR
$21.3B
| $19.5M | 0.02% |
344,993
-4,744
| -1% | -$273K |
|
|
EE
1584
DELISTED
El Paso Electric Company
EE
| $19.4M | 0.02% |
553,680
+18,264
| +3% | +$634K |
|
|
PPL
1585
PPL Corp
PPL
$25B
| $19.4M | 0.02% |
693,403
+8,037
| +1% | +$227K |
|
1586
Coherent
COHR
$60.4B
| $19.4M | 0.02% |
1,103,852
+203,417
| +23% | +$3.47M |
|
1587
Lincoln Electric
LECO
$14B
| $19.4M | 0.02% |
272,078
-6,203
| -2% | -$436K |
|
|
PFC
1588
DELISTED
Premier Financial Corp. Common Stock
PFC
| $19.4M | 0.02% |
1,494,154
+15,330
| +1% | +$197K |
|
1589
Coca-Cola Femsa
KOF
$23.6B
| $19.4M | 0.02% |
159,301
+11,419
| +8% | +$1.37M |
|
1590
Insteel Industries
IIIN
$575M
| $19.4M | 0.02% |
853,454
+1,136
| +0.1% | +$20.5K |
|
1591
Philips
PHG
$23.9B
| $19.4M | 0.02% |
756,525
+6,060
| +0.8% | +$146K |
|
1592
RPM International
RPM
$12.6B
| $19.4M | 0.02% |
466,400
+8,485
| +2% | +$330K |
|
|
DST
1593
DELISTED
DST Systems Inc.
DST
| $19.3M | 0.02% |
426,228
+1,650
| +0.4% | +$70.1K |
|
|
PIKE
1594
DELISTED
PIKE CORPORATION COM STK (NC)
PIKE
| $19.3M | 0.02% |
1,827,285
+27,305
| +2% | +$285K |
|
1595
Warner Bros
WBD
$70.3B
| $19.3M | 0.02% |
417,837
-6,008
| -1% | -$260K |
|
1596
Central Garden & Pet Co Class A
CENTA
$2.16B
| $19.3M | 0.02% |
3,571,376
+20,260
| +0.6% | +$117K |
|
1597
Washington Trust Bancorp
WASH
$742M
| $19.3M | 0.02% |
517,602
+8,359
| +2% | +$287K |
|
1598
Amphenol
APH
$194B
| $19.2M | 0.02% |
3,453,200
-720
| -0% | -$3.72K |
|
|
BID
1599
DELISTED
Sotheby's
BID
| $19.2M | 0.02% |
361,413
+10,001
| +3% | +$515K |
|
|
CERN
1600
DELISTED
Cerner Corp
CERN
| $19.2M | 0.01% |
343,753
+3,380
| +1% | +$189K |
|
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.