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 | |
|---|---|---|---|---|---|---|
1926
Protolabs
PRLB
$2.07B
| $13.4M | 0.01% |
188,262
+182,881
| +3,399% | +$14.2M |
|
1927
Brookdale Senior Living
BKD
$2.77B
| $13.4M | 0.01% |
492,316
-78
| -0% | -$2.16K |
|
|
FSYS
1928
DELISTED
FUEL SYSTEMS SOLUTIONS INC COM STK
FSYS
| $13.4M | 0.01% |
964,871
+146,813
| +18% | +$2.26M |
|
1929
Federated Hermes
FHI
$4.21B
| $13.3M | 0.01% |
463,137
-5,551
| -1% | -$152K |
|
1930
Richardson Electronics
RELL
$248M
| $13.3M | 0.01% |
1,173,281
-5,677
| -0.5% | -$63.9K |
|
|
EGN
1931
DELISTED
Energen
EGN
| $13.3M | 0.01% |
188,381
+23,898
| +15% | +$1.8M |
|
|
TFM
1932
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $13.3M | 0.01% |
328,774
+124,644
| +61% | +$5.8M |
|
1933
Douglas Dynamics
PLOW
$920M
| $13.3M | 0.01% |
791,528
+7,120
| +0.9% | +$111K |
|
1934
Future Fuel
FF
$240M
| $13.3M | 0.01% |
840,913
+168,365
| +25% | +$2.84M |
|
1935
TIM SA
TIMB
$9.02B
| $13.3M | 0.01% |
505,570
+4,114
| +0.8% | +$104K |
|
|
COL
1936
DELISTED
Rockwell Collins
COL
| $13.3M | 0.01% |
179,428
+2,547
| +1% | +$181K |
|
|
ARO
1937
DELISTED
Aeropostale Inc
ARO
| $13.3M | 0.01% |
1,458,519
-123,283
| -8% | -$1.13M |
|
1938
BGC Group
BGC
$5.7B
| $13.2M | 0.01% |
3,392,808
+822,920
| +32% | +$2.99M |
|
1939
XPO
XPO
$20.5B
| $13.2M | 0.01% |
1,452,928
+128,097
| +10% | +$987K |
|
1940
CenterPoint Energy
CNP
$25.4B
| $13.2M | 0.01% |
569,851
+35,457
| +7% | +$851K |
|
1941
First Busey Corp
BUSE
$2.49B
| $13.2M | 0.01% |
758,696
+33,466
| +5% | +$554K |
|
1942
Clean Harbors
CLH
$16.7B
| $13.1M | 0.01% |
219,224
+43,271
| +25% | +$2.49M |
|
|
IL
1943
DELISTED
IntraLinks Holdings Inc.
IL
| $13.1M | 0.01% |
1,083,902
+150,220
| +16% | +$1.58M |
|
1944
Seneca Foods Class A
SENEA
$1.24B
| $13.1M | 0.01% |
411,262
+503
| +0.1% | +$15.3K |
|
|
MXIM
1945
DELISTED
Maxim Integrated Products
MXIM
| $13.1M | 0.01% |
468,514
+7,394
| +2% | +$214K |
|
|
CBK
1946
DELISTED
Christopher & Banks Corporation
CBK
| $13.1M | 0.01% |
1,530,433
-81,893
| -5% | -$551K |
|
1947
American Tower
AMT
$81.8B
| $13M | 0.01% |
163,477
-3,202
| -2% | -$249K |
|
1948
Darden Restaurants
DRI
$23.5B
| $13M | 0.01% |
268,300
+4,908
| +2% | +$227K |
|
|
PAMT
1949
PAMT Corp
PAMT
$258M
| $13M | 0.01% |
2,517,132
+1,440
| +0.1% | +$6.68K |
|
1950
Willis Lease Finance
WLFC
$1.16B
| $13M | 0.01% |
2,253,177
-7,695
| -0.3% | -$43.8K |
|
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.