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 | |
|---|---|---|---|---|---|---|
|
SRCL
1901
DELISTED
Stericycle Inc
SRCL
| $12.5M | 0.01% |
108,619
+8,569
| +9% | +$988K |
|
1902
Financial Institutions
FISI
$802M
| $12.5M | 0.01% |
612,114
+3,933
| +0.6% | +$80.1K |
|
1903
Viavi Solutions
VIAV
$8.57B
| $12.5M | 0.01% |
1,495,835
+30,556
| +2% | +$251K |
|
|
LLTC
1904
DELISTED
Linear Technology Corp
LLTC
| $12.5M | 0.01% |
315,585
+24,037
| +8% | +$949K |
|
1905
Citizens
CIA
$176M
| $12.5M | 0.01% |
1,448,320
-12,979
| -0.9% | -$95.5K |
|
1906
DHI Group
DHX
$217M
| $12.5M | 0.01% |
1,469,795
-20,084
| -1% | -$177K |
|
|
IMN
1907
DELISTED
Imation
IMN
| $12.5M | 0.01% |
3,049,352
+11,777
| +0.4% | +$52.7K |
|
|
BT
1908
DELISTED
BT Group plc (ADR)
BT
| $12.5M | 0.01% |
451,158
-10,768
| -2% | -$281K |
|
1909
Genpact
G
$5.87B
| $12.4M | 0.01% |
658,647
+33,747
| +5% | +$672K |
|
|
PENX
1910
DELISTED
PENFORD CORP
PENX
| $12.4M | 0.01% |
867,811
+782
| +0.1% | +$11.1K |
|
1911
Global Industrial
GIC
$1.54B
| $12.4M | 0.01% |
1,338,436
+2,827
| +0.2% | +$26.7K |
|
1912
Dr. Reddy's Laboratories
RDY
$10.2B
| $12.4M | 0.01% |
1,636,895
+23,380
| +1% | +$170K |
|
1913
Seneca Foods Class A
SENEA
$1.24B
| $12.4M | 0.01% |
410,759
+891
| +0.2% | +$28.8K |
|
1914
American Tower
AMT
$81.8B
| $12.4M | 0.01% |
166,679
-110,693
| -40% | -$7.99M |
|
|
DEG
1915
DELISTED
ETABLISSEMENT DELHZ ADS 4 ADS REPTGS 1 ORD SHS
DEG
| $12.3M | 0.01% |
783,368
+520
| +0.1% | +$8.47K |
|
1916
John Wiley & Sons Class A
WLY
$2.5B
| $12.3M | 0.01% |
258,369
+57,666
| +29% | +$2.58M |
|
1917
Crane NXT
CXT
$2.61B
| $12.3M | 0.01% |
575,109
+19,589
| +4% | +$416K |
|
|
TPGI
1918
DELISTED
THOMAS PROPERTIES GROUP INC
TPGI
| $12.3M | 0.01% |
1,832,670
-11,513
| -0.6% | -$66.6K |
|
|
APOL
1919
DELISTED
Apollo Education Group Inc Class A
APOL
| $12.3M | 0.01% |
591,667
+441,054
| +293% | +$8.52M |
|
1920
BioMarin Pharmaceuticals
BMRN
$12.6B
| $12.3M | 0.01% |
170,346
+1,296
| +0.8% | +$86.1K |
|
|
TBRG
1921
DELISTED
TruBridge
TBRG
| $12.3M | 0.01% |
209,550
+7,692
| +4% | +$425K |
|
1922
Flowers Foods
FLO
$1.29B
| $12.3M | 0.01% |
571,687
+17,196
| +3% | +$385K |
|
|
XOXO
1923
DELISTED
Xo Group Inc
XOXO
| $12.3M | 0.01% |
948,524
+7,530
| +0.8% | +$94.3K |
|
1924
Guidewire Software
GWRE
$11.9B
| $12.2M | 0.01% |
259,809
+80,004
| +44% | +$3.6M |
|
1925
Gentex
GNTX
$4.73B
| $12.2M | 0.01% |
954,798
+48,868
| +5% | +$580K |
|
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.