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 | |
|---|---|---|---|---|---|---|
|
BEE
1676
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $17.6M | 0.01% |
1,857,967
+84,452
| +5% | +$747K |
|
1677
Acco Brands
ACCO
$402M
| $17.5M | 0.01% |
2,608,518
+191,812
| +8% | +$1.22M |
|
1678
NLI Holdings
NL
$344M
| $17.5M | 0.01% |
1,565,571
+2,492
| +0.2% | +$27.8K |
|
1679
American Public Education
APEI
$811M
| $17.5M | 0.01% |
402,449
+41,707
| +12% | +$1.72M |
|
|
DO
1680
DELISTED
Diamond Offshore Drilling
DO
| $17.5M | 0.01% |
307,027
+17,226
| +6% | +$1.04M |
|
1681
Landstar System
LSTR
$5.81B
| $17.4M | 0.01% |
303,588
+183,981
| +154% | +$10.3M |
|
|
REIS
1682
DELISTED
Reis, Inc.
REIS
| $17.4M | 0.01% |
906,903
+4,605
| +0.5% | +$79.6K |
|
1683
John B. Sanfilippo & Son
JBSS
$789M
| $17.4M | 0.01% |
706,328
+3,363
| +0.5% | +$81.5K |
|
1684
PG&E
PCG
$29.5B
| $17.4M | 0.01% |
432,737
+89
| +0% | +$3.65K |
|
|
CLC
1685
DELISTED
Clarcor
CLC
| $17.4M | 0.01% |
270,704
-2,535
| -0.9% | -$150K |
|
|
LHCG
1686
DELISTED
LHC Group LLC
LHCG
| $17.4M | 0.01% |
723,743
+13,525
| +2% | +$305K |
|
1687
Xcel Energy
XEL
$46B
| $17.4M | 0.01% |
622,050
-1,520
| -0.2% | -$42.9K |
|
|
ALX
1688
Alexander's
ALX
$1.26B
| $17.3M | 0.01% |
52,565
| – | – |
|
1689
Park Aerospace
PKE
$663M
| $17.3M | 0.01% |
603,201
+9,951
| +2% | +$282K |
|
1690
Miller Industries
MLR
$630M
| $17.3M | 0.01% |
929,793
+1,564
| +0.2% | +$28.1K |
|
1691
Bread Financial
BFH
$4.16B
| $17.3M | 0.01% |
82,520
+11,951
| +17% | +$2.28M |
|
|
CYNO
1692
DELISTED
Cynosure, Inc. Class A
CYNO
| $17.3M | 0.01% |
648,715
+48,741
| +8% | +$1.17M |
|
1693
Artivion
AORT
$1.16B
| $17.3M | 0.01% |
1,560,259
+51,250
| +3% | +$482K |
|
1694
Trex
TREX
$4.42B
| $17.3M | 0.01% |
1,740,248
+617,848
| +55% | +$5.06M |
|
|
RPXC
1695
DELISTED
RPX Corporation
RPXC
| $17.3M | 0.01% |
1,021,934
+194,096
| +23% | +$3.3M |
|
|
LEG
1696
DELISTED
Leggett & Platt
LEG
| $17.3M | 0.01% |
558,124
+9,536
| +2% | +$284K |
|
1697
Akamai
AKAM
$15.4B
| $17.2M | 0.01% |
365,432
+4,064
| +1% | +$192K |
|
|
USAP
1698
DELISTED
Universal Stainless & Alloy
USAP
| $17.2M | 0.01% |
477,687
+2,354
| +0.5% | +$78.9K |
|
1699
Bankunited
BKU
$3.19B
| $17.2M | 0.01% |
523,161
+9,037
| +2% | +$287K |
|
1700
Liberty Global Class C
LBTYK
$3.38B
| $17.2M | 0.01% |
504,433
+23,441
| +5% | +$731K |
|
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.