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 |
Pfizer
PFE
|
+$243M |
| 2 |
ExxonMobil
XOM
|
+$154M |
| 3 |
AT&T
T
|
+$142M |
| 4 |
Intel
INTC
|
+$127M |
| 5 |
PACW
PacWest Bancorp
PACW
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CSE
CAPITALSOURCE INC
CSE
|
+$173M |
| 2 |
American International
AIG
|
+$148M |
| 3 |
Citigroup
C
|
+$142M |
| 4 |
Bank of America
BAC
|
+$114M |
| 5 |
JNY
JONES GROUP INC COM STK (PA)
JNY
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.57% |
| 2 | Industrials | 13.27% |
| 3 | Energy | 12.09% |
| 4 | Technology | 10.54% |
| 5 | Consumer Discretionary | 8.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
Douglas Dynamics
PLOW
$972M
| $15.3M | 0.01% |
868,300
+58,107
| +7% | +$1.01M |
|
|
MOVE
1902
DELISTED
MOVE INC COM STK NEW (DE)
MOVE
| $15.3M | 0.01% |
1,033,087
+35,021
| +4% | +$422K |
|
1903
Spok Holdings
SPOK
$232M
| $15.3M | 0.01% |
991,916
+99,504
| +11% | +$1.58M |
|
|
STR
1904
DELISTED
QUESTAR CORP
STR
| $15.3M | 0.01% |
615,418
+21,132
| +4% | +$502K |
|
|
EDR
1905
DELISTED
Education Realty Trust Inc
EDR
| $15.2M | 0.01% |
472,825
+23,155
| +5% | +$716K |
|
1906
Shutterstock
SSTK
$223M
| $15.2M | 0.01% |
183,512
+93,961
| +105% | +$6.82M |
|
|
AUXL
1907
DELISTED
AUXILIUM PHARAMCEUTICALS INC
AUXL
| $15.2M | 0.01% |
758,698
-106,535
| -12% | -$2.44M |
|
1908
AutoNation
AN
$7.21B
| $15.2M | 0.01% |
254,760
-202
| -0.1% | -$11.2K |
|
1909
Sabesp
SBS
$19B
| $15.1M | 0.01% |
7,279,514
-5,673
| -0.1% | -$10.9K |
|
1910
United Therapeutics
UTHR
$25.7B
| $15.1M | 0.01% |
170,528
-581
| -0.3% | -$55.9K |
|
|
ZVO
1911
DELISTED
Zovio Inc. Common Stock
ZVO
| $15.1M | 0.01% |
1,133,682
+94,905
| +9% | +$1.38M |
|
|
DISH
1912
DELISTED
DISH Network Corp.
DISH
| $15M | 0.01% |
230,944
+55,579
| +32% | +$3.34M |
|
1913
Pebblebrook Hotel Trust
PEB
$2.18B
| $15M | 0.01% |
406,263
+69,551
| +21% | +$2.44M |
|
|
SYT
1914
DELISTED
Syngenta Ag
SYT
| $15M | 0.01% |
199,999
| – | – |
|
1915
Manulife Financial
MFC
$74B
| $15M | 0.01% |
752,543
+238,090
| +46% | +$4.5M |
|
1916
Titan Machinery
TITN
$423M
| $14.9M | 0.01% |
907,721
+558
| +0.1% | +$9.36K |
|
|
STNR
1917
DELISTED
STEINER LEISURE LTD
STNR
| $14.9M | 0.01% |
345,011
+22,965
| +7% | +$969K |
|
1918
Cogent Communications
CCOI
$663M
| $14.9M | 0.01% |
431,754
+77,838
| +22% | +$2.75M |
|
|
ALR
1919
DELISTED
AlerisLife Inc
ALR
| $14.9M | 0.01% |
297,126
+7,046
| +2% | +$350K |
|
|
SHPG
1920
DELISTED
Shire pic
SHPG
| $14.8M | 0.01% |
63,037
+24
| +0% | +$4.17K |
|
|
HALL
1921
DELISTED
Hallmark Financial Services, Inc.
HALL
| $14.8M | 0.01% |
137,758
+357
| +0.3% | +$32.9K |
|
1922
National Health Investors
NHI
$3.68B
| $14.8M | 0.01% |
236,676
+35,245
| +17% | +$2.17M |
|
1923
Financial Institutions
FISI
$838M
| $14.8M | 0.01% |
630,581
+16,717
| +3% | +$391K |
|
|
DRC
1924
DELISTED
DRESSER-RAND GROUP INC
DRC
| $14.8M | 0.01% |
231,662
+16,707
| +8% | +$1.02M |
|
1925
Willis Towers Watson
WTW
$31.7B
| $14.7M | 0.01% |
128,196
+6,871
| +6% | +$773K |
|
Similar funds
Dimensional Fund Advisors's Q2 2014 Portfolio in Review
As of Q2 2014, Dimensional Fund Advisors held 3,651 positions worth $144B, up 7.5% from $134B the previous quarter. Its ten largest holdings account for 8.4% of the portfolio.
Dimensional Fund Advisors deployed $4.6B of net new capital in Q2 2014, opening 55 new positions and adding to 2,274 existing holdings. Its largest new stake was Washington Prime Group Inc.: 199,620 shares worth $33.7M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Energy.
On the sell side, the largest reduction was American International, an estimated $148M trimmed.
- Dimensional Fund Advisors's largest Q2 2014 buy was Washington Prime Group Inc.: 199,620 shares worth $33.7M.
- Dimensional Fund Advisors added most to Pfizer in Q2 2014, an estimated $243M increase.
- Dimensional Fund Advisors's biggest Q2 2014 reduction was American International, cutting an estimated $148M.
- Dimensional Fund Advisors fully exited CAPITALSOURCE INC in Q2 2014, selling an estimated $173M.
- Dimensional Fund Advisors's ten largest holdings make up 8.4% of its $144B portfolio in Q2 2014.
- Dimensional Fund Advisors opened 55 new positions and closed 60 in Q2 2014.
- Dimensional Fund Advisors's portfolio value rose 7.5% quarter-over-quarter to $144B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2014, filed 8 Aug 2014.