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
|
+$214M |
| 2 |
AT&T
T
|
+$140M |
| 3 |
GE Aerospace
GE
|
+$128M |
| 4 |
Cisco
CSCO
|
+$86.5M |
| 5 |
Chevron
CVX
|
+$81.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$154M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$121M |
| 3 |
American International
AIG
|
+$104M |
| 4 |
Avis
CAR
|
+$102M |
| 5 |
Citigroup
C
|
+$91.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.56% |
| 2 | Industrials | 13.08% |
| 3 | Energy | 11.62% |
| 4 | Technology | 10.78% |
| 5 | Healthcare | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SRGA
1876
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $15.4M | 0.01% |
107,285
+1,076
| +1% | +$156K |
|
1877
National Health Investors
NHI
$3.6B
| $15.4M | 0.01% |
268,900
+32,224
| +14% | +$2M |
|
1878
Federated Hermes
FHI
$4.77B
| $15.4M | 0.01% |
522,913
+7,035
| +1% | +$211K |
|
1879
Willis Lease Finance
WLFC
$1.75B
| $15.3M | 0.01% |
2,242,635
-8,700
| -0.4% | -$65.5K |
|
1880
HEICO Corp
HEI
$51.2B
| $15.3M | 0.01% |
801,689
-14,747
| -2% | -$307K |
|
1881
St. Joe Company
JOE
$3.65B
| $15.3M | 0.01% |
769,189
+4,900
| +0.6% | +$110K |
|
1882
PTC
PTC
$15.3B
| $15.3M | 0.01% |
414,879
+6,442
| +2% | +$246K |
|
1883
Korea Electric Power
KEP
$15.9B
| $15.3M | 0.01% |
681,934
+25,629
| +4% | +$521K |
|
|
UN
1884
DELISTED
Unilever NV New York Registry Shares
UN
| $15.2M | 0.01% |
383,336
+137,695
| +56% | +$5.74M |
|
|
CRR
1885
DELISTED
Carbo Ceramics Inc.
CRR
| $15.2M | 0.01% |
256,658
+90
| +0% | +$10.3K |
|
1886
F5
FFIV
$23.4B
| $15.2M | 0.01% |
127,781
+3,949
| +3% | +$464K |
|
1887
LendingTree
TREE
$456M
| $15.2M | 0.01% |
422,391
-58,335
| -12% | -$1.7M |
|
|
CAS
1888
DELISTED
A M Castle & Co
CAS
| $15.1M | 0.01% |
1,772,918
-52,374
| -3% | -$517K |
|
|
ACAT
1889
DELISTED
Arctic Cat Inc
ACAT
| $15.1M | 0.01% |
434,580
+3,417
| +0.8% | +$126K |
|
1890
Park Aerospace
PKE
$799M
| $15.1M | 0.01% |
641,832
+17,258
| +3% | +$485K |
|
1891
Alkermes
ALKS
$8.3B
| $15.1M | 0.01% |
352,232
-64,190
| -15% | -$2.88M |
|
|
FDO
1892
DELISTED
FAMILY DOLLAR STORES
FDO
| $15.1M | 0.01% |
195,458
+4,949
| +3% | +$365K |
|
|
BRLI
1893
DELISTED
BIO-REFERENCE LABS INC-NEW-
BRLI
| $15.1M | 0.01% |
537,617
+2,151
| +0.4% | +$65.5K |
|
1894
Medifast
MED
$142M
| $15.1M | 0.01% |
459,018
+31,243
| +7% | +$959K |
|
|
DEL
1895
DELISTED
Deltic Timber
DEL
| $15.1M | 0.01% |
241,617
+2,737
| +1% | +$174K |
|
1896
Distribution Solutions Group
DSGR
$1.61B
| $15M | 0.01% |
1,349,300
-10,878
| -0.8% | -$99.5K |
|
|
LAYN
1897
DELISTED
Layne Christensen Co
LAYN
| $14.9M | 0.01% |
1,534,416
-32,973
| -2% | -$372K |
|
|
HSII
1898
DELISTED
Heidrick & Struggles
HSII
| $14.9M | 0.01% |
725,247
+39,980
| +6% | +$808K |
|
1899
Factset
FDS
$9.64B
| $14.9M | 0.01% |
122,477
+5,620
| +5% | +$694K |
|
|
HAWK
1900
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $14.9M | 0.01% |
460,348
+132,769
| +41% | +$3.74M |
|
Similar funds
Dimensional Fund Advisors's Q3 2014 Portfolio in Review
As of Q3 2014, Dimensional Fund Advisors held 3,625 positions worth $141B, down 1.9% from $144B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 3.1%. Dimensional Fund Advisors opened 33 new positions and exited 79, leaving the 3,625-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q3 2014 buy was Liberty Media Series C: 2,340,661 shares worth $58.8M.
- Dimensional Fund Advisors added most to ExxonMobil in Q3 2014, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q3 2014 reduction was Bank of America, cutting an estimated $154M.
- Dimensional Fund Advisors fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $121M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $141B portfolio in Q3 2014.
- Dimensional Fund Advisors opened 33 new positions and closed 79 in Q3 2014.
- Dimensional Fund Advisors's portfolio value fell 1.9% quarter-over-quarter to $141B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2014, filed 13 Nov 2014.