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 | |
|---|---|---|---|---|---|---|
1601
Orthofix Medical
OFIX
$493M
| $21.2M | 0.01% |
583,801
+113,869
| +24% | +$3.68M |
|
1602
Columbus McKinnon
CMCO
$622M
| $21.2M | 0.01% |
782,121
+17,314
| +2% | +$474K |
|
|
KNL
1603
DELISTED
Knoll, Inc.
KNL
| $21.1M | 0.01% |
1,220,134
+142,326
| +13% | +$2.51M |
|
1604
ENI
E
$77.5B
| $21.1M | 0.01% |
384,502
| – | – |
|
|
WRES
1605
DELISTED
WARREN RESOURCES INC
WRES
| $21M | 0.01% |
3,393,699
+491,621
| +17% | +$2.39M |
|
|
EGOV
1606
DELISTED
NIC Inc
EGOV
| $21M | 0.01% |
1,325,173
+103,163
| +8% | +$1.8M |
|
1607
Alkermes
ALKS
$8.33B
| $21M | 0.01% |
416,422
-1,436
| -0.3% | -$66.2K |
|
|
SMRT
1608
DELISTED
Stein Mart Inc
SMRT
| $20.9M | 0.01% |
1,508,104
+23,357
| +2% | +$311K |
|
|
VRE
1609
DELISTED
Veris Residential
VRE
| $20.9M | 0.01% |
974,159
+2,595
| +0.3% | +$54.8K |
|
|
PNY
1610
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $20.9M | 0.01% |
559,216
+135,331
| +32% | +$4.84M |
|
1611
Unilever
UL
$138B
| $20.9M | 0.01% |
409,873
+47,205
| +13% | +$2.37M |
|
1612
Civeo
CVEO
$338M
| $20.9M | 0.01% |
+69,461
| New | +$20.8M |
|
1613
Park National Corp
PRK
$3.8B
| $20.9M | 0.01% |
270,218
-1,701
| -0.6% | -$128K |
|
1614
Sun Communities
SUI
$15B
| $20.9M | 0.01% |
418,477
+47,677
| +13% | +$2.25M |
|
|
TRST
1615
Trustco Bank Corp NY
TRST
$983M
| $20.9M | 0.01% |
624,414
+44,724
| +8% | +$1.49M |
|
|
LAYN
1616
DELISTED
Layne Christensen Co
LAYN
| $20.8M | 0.01% |
1,567,389
+43,203
| +3% | +$679K |
|
1617
ON Semiconductor
ON
$31.4B
| $20.8M | 0.01% |
2,276,747
+470,701
| +26% | +$4.29M |
|
|
AREX
1618
DELISTED
Approach Resources Inc.
AREX
| $20.8M | 0.01% |
915,317
+14,590
| +2% | +$296K |
|
|
TSS
1619
DELISTED
Total System Services, Inc.
TSS
| $20.7M | 0.01% |
660,173
+9,227
| +1% | +$283K |
|
1620
SLM Corp
SLM
$5.24B
| $20.7M | 0.01% |
2,494,572
-1,055,094
| -30% | -$9.3M |
|
1621
HEICO Corp Class A
HEI.A
$37.2B
| $20.7M | 0.01% |
994,408
+5,679
| +0.6% | +$119K |
|
1622
Cohu
COHU
$2.5B
| $20.7M | 0.01% |
1,930,685
+17,163
| +0.9% | +$181K |
|
1623
The GEO Group
GEO
$4.18B
| $20.7M | 0.01% |
867,132
-557,928
| -39% | -$12.6M |
|
1624
Hershey
HSY
$36B
| $20.6M | 0.01% |
211,978
+55,603
| +36% | +$5.45M |
|
1625
Barrett Business Services
BBSI
$984M
| $20.6M | 0.01% |
1,755,628
-56,188
| -3% | -$711K |
|
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.