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 | |
|---|---|---|---|---|---|---|
1801
Stoneridge
SRI
$205M
| $15.3M | 0.01% |
1,196,233
+70,437
| +6% | +$874K |
|
|
ISLE
1802
DELISTED
Isle of Capri Casinos Inc
ISLE
| $15.2M | 0.01% |
1,694,017
+3,918
| +0.2% | +$30.6K |
|
1803
Acadia Realty Trust
AKR
$2.65B
| $15.2M | 0.01% |
612,702
+27,881
| +5% | +$720K |
|
|
PCTI
1804
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $15.2M | 0.01% |
1,584,119
-296
| -0% | -$2.8K |
|
1805
Financial Institutions
FISI
$802M
| $15.2M | 0.01% |
613,368
+1,254
| +0.2% | +$29.2K |
|
1806
Global Industrial
GIC
$1.54B
| $15.1M | 0.01% |
1,346,037
+7,601
| +0.6% | +$77.3K |
|
|
JWN
1807
DELISTED
Nordstrom
JWN
| $15.1M | 0.01% |
244,575
+2,459
| +1% | +$148K |
|
1808
Blackbaud
BLKB
$1.97B
| $15.1M | 0.01% |
400,452
+104,040
| +35% | +$3.87M |
|
1809
Choice Hotels
CHH
$4.44B
| $15.1M | 0.01% |
306,500
+5,525
| +2% | +$252K |
|
1810
Fossil Group
FOSL
$333M
| $15M | 0.01% |
125,311
-13,507
| -10% | -$1.67M |
|
|
BFIN
1811
DELISTED
BankFinancial
BFIN
| $15M | 0.01% |
1,640,359
+651
| +0% | +$6.02K |
|
|
K
1812
DELISTED
Kellanova
K
| $15M | 0.01% |
261,813
-1,990
| -0.8% | -$115K |
|
|
IQNT
1813
DELISTED
Inteliquent, Inc.
IQNT
| $15M | 0.01% |
1,313,433
+110,880
| +9% | +$1.25M |
|
1814
Xylem
XYL
$25.1B
| $15M | 0.01% |
433,348
+2,211
| +0.5% | +$71.1K |
|
1815
Acuity Brands
AYI
$8.97B
| $15M | 0.01% |
137,026
-315
| -0.2% | -$32.1K |
|
|
KOG
1816
DELISTED
KODIAK OIL & GAS CORP
KOG
| $15M | 0.01% |
1,335,495
+217,334
| +19% | +$2.6M |
|
|
GRT
1817
DELISTED
GLIMCHER REALTY TRUST
GRT
| $15M | 0.01% |
1,598,890
+56,613
| +4% | +$556K |
|
1818
Clorox
CLX
$10.3B
| $15M | 0.01% |
161,300
+310
| +0.2% | +$27.9K |
|
|
EGL
1819
DELISTED
Engility Holdings, Inc.
EGL
| $14.9M | 0.01% |
446,450
+44,098
| +11% | +$1.39M |
|
1820
Martin Marietta Materials
MLM
$35.1B
| $14.9M | 0.01% |
149,165
+4,853
| +3% | +$477K |
|
|
LBY
1821
DELISTED
Libbey, Inc.
LBY
| $14.9M | 0.01% |
708,980
+22,331
| +3% | +$492K |
|
|
EA
1822
DELISTED
Electronic Arts
EA
| $14.9M | 0.01% |
648,842
+1,623
| +0.3% | +$38.9K |
|
1823
Northwest Natural Holdings
NWN
$2.05B
| $14.9M | 0.01% |
347,560
+33,611
| +11% | +$1.43M |
|
1824
NewMarket
NEU
$8.18B
| $14.9M | 0.01% |
44,535
-808
| -2% | -$254K |
|
|
CKEC
1825
DELISTED
Carmike Cinemas Inc
CKEC
| $14.9M | 0.01% |
534,235
+49,185
| +10% | +$1.17M |
|
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.