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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$137M |
| 2 |
Pfizer
PFE
|
+$114M |
| 3 |
JPMorgan Chase
JPM
|
+$107M |
| 4 |
ExxonMobil
XOM
|
+$93.3M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$86.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FON
SPRINT CORP FON COM
FON
|
+$201M |
| 2 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
+$182M |
| 3 |
Zoetis
ZTS
|
+$104M |
| 4 |
Goldman Sachs
GS
|
+$79.1M |
| 5 |
BKI
BUCKEYE TECHNOLOGY INC
BKI
|
+$74.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.71% |
| 2 | Industrials | 13.9% |
| 3 | Energy | 11.81% |
| 4 | Technology | 10.02% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1801
CoreCivic
CXW
$3.51B
| $13.9M | 0.01% |
403,465
-68,635
| -15% | -$2.3M |
|
1802
TSMC
TSM
$2.23T
| $13.9M | 0.01% |
821,683
+763,437
| +1,311% | +$13M |
|
1803
Entergy
ETR
$49.4B
| $13.9M | 0.01% |
441,090
+36,570
| +9% | +$1.21M |
|
1804
Masco
MAS
$13.5B
| $13.9M | 0.01% |
743,142
-44,678
| -6% | -$796K |
|
1805
Southside Bancshares
SBSI
$940M
| $13.9M | 0.01% |
614,137
+1,095
| +0.2% | +$23.4K |
|
|
AZPN
1806
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $13.9M | 0.01% |
401,568
-34,303
| -8% | -$1.19M |
|
|
LGF
1807
DELISTED
Lions Gate Entertainment
LGF
| $13.9M | 0.01% |
395,753
+59,233
| +18% | +$2.01M |
|
|
NAV
1808
DELISTED
Navistar International
NAV
| $13.8M | 0.01% |
379,403
+73,233
| +24% | +$2.49M |
|
|
OWW
1809
DELISTED
ORBITZ WORLDWIDE, INC
OWW
| $13.8M | 0.01% |
1,436,518
-1,344
| -0.1% | -$13.3K |
|
1810
Tootsie Roll Industries
TR
$2.83B
| $13.8M | 0.01% |
658,937
-11,532
| -2% | -$256K |
|
1811
Compass Minerals
CMP
$1B
| $13.8M | 0.01% |
181,154
+119,985
| +196% | +$9.52M |
|
1812
Winnebago Industries
WGO
$762M
| $13.8M | 0.01% |
531,936
-87,052
| -14% | -$2.06M |
|
1813
Newell Brands
NWL
$2.39B
| $13.8M | 0.01% |
501,698
+17,939
| +4% | +$478K |
|
|
DGIT
1814
DELISTED
DIGITAL GENERATION INC COM STK (DE)
DGIT
| $13.8M | 0.01% |
1,066,820
+142,163
| +15% | +$1.49M |
|
|
IHC
1815
DELISTED
Independence Holding Company
IHC
| $13.8M | 0.01% |
963,589
-20
| -0% | -$280 |
|
|
MXIM
1816
DELISTED
Maxim Integrated Products
MXIM
| $13.7M | 0.01% |
461,120
+18,589
| +4% | +$529K |
|
1817
Dentsply Sirona
XRAY
$1.87B
| $13.7M | 0.01% |
316,189
+26,910
| +9% | +$1.15M |
|
1818
Insteel Industries
IIIN
$582M
| $13.7M | 0.01% |
852,318
+11,082
| +1% | +$186K |
|
|
HTLF
1819
DELISTED
Heartland Financial USA, Inc.
HTLF
| $13.7M | 0.01% |
491,710
+7,803
| +2% | +$219K |
|
1820
Hackett Group
HCKT
$268M
| $13.7M | 0.01% |
1,920,653
-5,041
| -0.3% | -$30.6K |
|
|
MODV
1821
DELISTED
ModivCare
MODV
| $13.7M | 0.01% |
477,162
+20,892
| +5% | +$588K |
|
|
CYNO
1822
DELISTED
Cynosure, Inc. Class A
CYNO
| $13.7M | 0.01% |
599,974
-48,234
| -7% | -$1.2M |
|
|
GTAT
1823
DELISTED
GT ADVANCED TECHNOLOGIES INC COM STK (DE)
GTAT
| $13.7M | 0.01% |
1,605,602
+11,791
| +0.7% | +$70.3K |
|
1824
Bio-Rad Laboratories Class A
BIO
$10.2B
| $13.6M | 0.01% |
116,039
+7,370
| +7% | +$869K |
|
1825
American Public Education
APEI
$811M
| $13.6M | 0.01% |
360,742
+46,827
| +15% | +$1.84M |
|
Similar funds
Dimensional Fund Advisors's Q3 2013 Portfolio in Review
As of Q3 2013, Dimensional Fund Advisors held 3,633 positions worth $116B, up 8.8% from $106B the previous quarter. Its ten largest holdings account for 8.5% of the portfolio.
Trading was light in Q3 2013: portfolio turnover was 2.7%. Dimensional Fund Advisors opened 48 new positions and exited 50, leaving the 3,633-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 4,364,241 shares worth $146M.
- Dimensional Fund Advisors added most to Pfizer in Q3 2013, an estimated $114M increase.
- Dimensional Fund Advisors's biggest Q3 2013 reduction was Zoetis, cutting an estimated $104M.
- Dimensional Fund Advisors fully exited SPRINT CORP FON COM in Q3 2013, selling an estimated $201M.
- Dimensional Fund Advisors's ten largest holdings make up 8.5% of its $116B portfolio in Q3 2013.
- Dimensional Fund Advisors opened 48 new positions and closed 50 in Q3 2013.
- Dimensional Fund Advisors's portfolio value rose 8.8% quarter-over-quarter to $116B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2013, filed 13 Nov 2013.