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 |
ExxonMobil
XOM
|
+$344M |
| 2 |
Intel
INTC
|
+$219M |
| 3 |
Apple
AAPL
|
+$206M |
| 4 |
Pfizer
PFE
|
+$201M |
| 5 |
JPMorgan Chase
JPM
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vodafone
VOD
|
+$173M |
| 2 |
Bank of America
BAC
|
+$171M |
| 3 |
Citigroup
C
|
+$111M |
| 4 |
VPHM
VIROPHARMA INC
VPHM
|
+$103M |
| 5 |
LEAP
LEAP WIRELESS INTERNATIONAL INC NEW
LEAP
|
+$48.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.88% |
| 2 | Industrials | 13.29% |
| 3 | Energy | 11.48% |
| 4 | Technology | 10.2% |
| 5 | Healthcare | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TQNT
151
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $151M | 0.11% |
11,279,230
+148,427
| +1% | +$1.54M |
|
152
Sasol
SSL
$7.51B
| $150M | 0.11% |
2,681,945
+9,711
| +0.4% | +$491K |
|
153
Lumen
LUMN
$6.76B
| $150M | 0.11% |
4,560,939
+51,048
| +1% | +$1.56M |
|
154
US Bancorp
USB
$98B
| $149M | 0.11% |
3,488,086
+14,129
| +0.4% | +$581K |
|
|
AHL
155
DELISTED
ASPEN Insurance Holding Limited
AHL
| $149M | 0.11% |
3,758,669
+275,889
| +8% | +$10.7M |
|
|
TECD
156
DELISTED
Tech Data Corp
TECD
| $149M | 0.11% |
2,439,842
+89,324
| +4% | +$4.95M |
|
|
LM
157
DELISTED
Legg Mason, Inc.
LM
| $148M | 0.11% |
3,018,387
-9,900
| -0.3% | -$441K |
|
158
Qualcomm
QCOM
$160B
| $148M | 0.11% |
1,874,980
+94,075
| +5% | +$7.08M |
|
159
Penske Automotive Group
PAG
$14.5B
| $148M | 0.11% |
3,455,281
-6,909
| -0.2% | -$300K |
|
160
Xerox
XRX
$456M
| $148M | 0.11% |
4,961,272
+178,946
| +4% | +$5.24M |
|
|
PTP
161
DELISTED
PLATINUM UNDERWRITERS HLDGS LTD
PTP
| $147M | 0.11% |
2,447,417
-20,494
| -0.8% | -$1.2M |
|
162
Tyson Foods
TSN
$21.4B
| $146M | 0.11% |
3,325,302
+57,414
| +2% | +$2.17M |
|
163
CACI
CACI
$10.5B
| $146M | 0.11% |
1,972,591
-7,293
| -0.4% | -$553K |
|
164
Wendy's
WEN
$1.4B
| $146M | 0.11% |
15,963,058
-1,834,825
| -10% | -$16.8M |
|
165
Alcoa
AA
$11.9B
| $145M | 0.11% |
4,696,243
+134,963
| +3% | +$3.75M |
|
166
Loews
L
$23.9B
| $144M | 0.11% |
3,279,157
-2,784
| -0.1% | -$125K |
|
167
PNC Financial Services
PNC
$99.2B
| $144M | 0.11% |
1,650,471
+181,600
| +12% | +$14.8M |
|
168
Reinsurance Group of America
RGA
$15.6B
| $142M | 0.11% |
1,783,059
-13,041
| -0.7% | -$990K |
|
169
Amazon
AMZN
$2.53T
| $140M | 0.1% |
8,339,760
+1,035,020
| +14% | +$19.2M |
|
170
Nabors Industries
NBR
$1.22B
| $140M | 0.1% |
113,255
+4,661
| +4% | +$4.65M |
|
|
EFII
171
DELISTED
Electronics for Imaging
EFII
| $140M | 0.1% |
3,221,338
+9,249
| +0.3% | +$390K |
|
|
MINI
172
DELISTED
Mobile Mini Inc
MINI
| $138M | 0.1% |
3,193,617
-116,477
| -4% | -$4.85M |
|
|
MRH
173
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $137M | 0.1% |
4,607,070
-123,559
| -3% | -$3.5M |
|
174
American Financial Group
AFG
$11.8B
| $137M | 0.1% |
2,372,828
-750
| -0% | -$42.3K |
|
175
First Solar
FSLR
$22.1B
| $137M | 0.1% |
1,961,915
+59,173
| +3% | +$3.3M |
|
Similar funds
Dimensional Fund Advisors's Q1 2014 Portfolio in Review
As of Q1 2014, Dimensional Fund Advisors held 3,643 positions worth $134B, up 4.3% from $128B the previous quarter. Its ten largest holdings account for 8.4% of the portfolio.
Trading was light in Q1 2014: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 102 new positions and exited 48, leaving the 3,643-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q1 2014 buy was SIZMEK INC COM STK (DE): 1,323,230 shares worth $14.1M.
- Dimensional Fund Advisors added most to ExxonMobil in Q1 2014, an estimated $344M increase.
- Dimensional Fund Advisors's biggest Q1 2014 reduction was Vodafone, cutting an estimated $173M.
- Dimensional Fund Advisors fully exited VIROPHARMA INC in Q1 2014, selling an estimated $103M.
- Dimensional Fund Advisors's ten largest holdings make up 8.4% of its $134B portfolio in Q1 2014.
- Dimensional Fund Advisors opened 102 new positions and closed 48 in Q1 2014.
- Dimensional Fund Advisors's portfolio value rose 4.3% quarter-over-quarter to $134B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2014, filed 14 May 2014.