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 | |
|---|---|---|---|---|---|---|
1601
L3Harris
LHX
$46.6B
| $19.2M | 0.01% |
274,405
-8,669
| -3% | -$549K |
|
1602
Super Micro Computer
SMCI
$26.5B
| $19.1M | 0.01% |
11,140,180
+1,796,970
| +19% | +$2.71M |
|
|
CBST
1603
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $19.1M | 0.01% |
277,534
+14,207
| +5% | +$920K |
|
1604
Cirrus Logic
CRUS
$6.03B
| $19.1M | 0.01% |
935,297
+521,515
| +126% | +$11.3M |
|
1605
United Therapeutics
UTHR
$21.3B
| $19.1M | 0.01% |
168,688
+4,284
| +3% | +$386K |
|
|
CEC
1606
DELISTED
CEC ENTERTAINMENT INC
CEC
| $19.1M | 0.01% |
430,670
+4,586
| +1% | +$208K |
|
|
TIF
1607
DELISTED
Tiffany & Co.
TIF
| $19.1M | 0.01% |
205,463
+4,829
| +2% | +$401K |
|
1608
Zumiez
ZUMZ
$206M
| $19.1M | 0.01% |
732,738
+16,256
| +2% | +$453K |
|
1609
Marriott International
MAR
$87.1B
| $19M | 0.01% |
385,692
+27,511
| +8% | +$1.25M |
|
|
VSI
1610
DELISTED
Vitamin Shoppe Inc.
VSI
| $19M | 0.01% |
365,568
+69,057
| +23% | +$3.42M |
|
1611
Peoples Bancorp
PEBO
$1.42B
| $19M | 0.01% |
842,689
+3,000
| +0.4% | +$67K |
|
|
VAL
1612
DELISTED
Valspar
VAL
| $19M | 0.01% |
265,987
-14,921
| -5% | -$1.03M |
|
1613
Eagle Materials
EXP
$5.45B
| $18.9M | 0.01% |
244,322
-114,095
| -32% | -$8.59M |
|
|
KNL
1614
DELISTED
Knoll, Inc.
KNL
| $18.8M | 0.01% |
1,028,812
+40,372
| +4% | +$686K |
|
1615
National Grid
NGG
$78B
| $18.8M | 0.01% |
298,737
+5,135
| +2% | +$308K |
|
|
AKRX
1616
DELISTED
Akorn Inc
AKRX
| $18.8M | 0.01% |
763,395
+520,162
| +214% | +$11.8M |
|
1617
W.W. Grainger
GWW
$59.5B
| $18.8M | 0.01% |
73,463
+1,426
| +2% | +$371K |
|
|
GHL
1618
DELISTED
Greenhill & Co., Inc.
GHL
| $18.8M | 0.01% |
323,611
+35,160
| +12% | +$1.84M |
|
1619
National Healthcare
NHC
$3.52B
| $18.7M | 0.01% |
347,772
+8,591
| +3% | +$439K |
|
1620
Medallion Financial
MFIN
$273M
| $18.7M | 0.01% |
1,304,755
+5,694
| +0.4% | +$88.9K |
|
1621
EQT Corp
EQT
$31.5B
| $18.7M | 0.01% |
382,937
+20,614
| +6% | +$974K |
|
1622
Capri Holdings
CPRI
$1.7B
| $18.7M | 0.01% |
230,486
+103,828
| +82% | +$8.19M |
|
|
ORBC
1623
DELISTED
ORBCOMM, Inc.
ORBC
| $18.7M | 0.01% |
2,945,790
+38,318
| +1% | +$231K |
|
1624
Old Dominion Freight Line
ODFL
$36.3B
| $18.6M | 0.01% |
1,054,077
-579
| -0.1% | -$9.5K |
|
|
HTO
1625
H2O America
HTO
$2.64B
| $18.6M | 0.01% |
625,276
+4,911
| +0.8% | +$139K |
|
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.