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 | |
|---|---|---|---|---|---|---|
1951
Spok Holdings
SPOK
$218M
| $11.9M | 0.01% |
840,798
+30,273
| +4% | +$435K |
|
1952
InterDigital
IDCC
$8.31B
| $11.9M | 0.01% |
318,791
-6,412
| -2% | -$242K |
|
|
DNB
1953
DELISTED
Dun & Bradstreet
DNB
| $11.9M | 0.01% |
114,560
+3,772
| +3% | +$392K |
|
|
CTG
1954
DELISTED
Computer Task Group, Inc.
CTG
| $11.9M | 0.01% |
735,507
-26,420
| -3% | -$518K |
|
|
HSII
1955
DELISTED
Heidrick & Struggles
HSII
| $11.9M | 0.01% |
622,649
+6,319
| +1% | +$102K |
|
1956
Willis Lease Finance
WLFC
$1.16B
| $11.9M | 0.01% |
2,260,872
-7,911
| -0.3% | -$38.2K |
|
1957
Teradata
TDC
$2.72B
| $11.8M | 0.01% |
213,689
+15,391
| +8% | +$904K |
|
1958
Scotiabank
BNS
$115B
| $11.8M | 0.01% |
222,396
+38,851
| +21% | +$2.03M |
|
|
MNI
1959
DELISTED
The McClatchy Company Class A Common Stock
MNI
| $11.8M | 0.01% |
394,172
-7,673
| -2% | -$229K |
|
1960
Hurco Companies Inc
HURC
$148M
| $11.8M | 0.01% |
457,145
+2,321
| +0.5% | +$66K |
|
1961
ASML
ASML
$626B
| $11.8M | 0.01% |
119,690
-384,021
| -76% | -$34.6M |
|
|
PSUN
1962
DELISTED
PACIFIC SUNWEAR OF CAL. INC
PSUN
| $11.8M | 0.01% |
3,936,893
-34,999
| -0.9% | -$130K |
|
1963
TIM SA
TIMB
$9.02B
| $11.8M | 0.01% |
501,456
-4,384
| -0.9% | -$88.6K |
|
|
NUTR
1964
DELISTED
Nutraceutical International Co
NUTR
| $11.8M | 0.01% |
497,277
+3,618
| +0.7% | +$82.2K |
|
|
SRGA
1965
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $11.8M | 0.01% |
105,198
+1,237
| +1% | +$140K |
|
1966
Onto Innovation
ONTO
$12.3B
| $11.8M | 0.01% |
732,069
-349
| -0% | -$5.25K |
|
1967
Arthur J. Gallagher & Co
AJG
$61.9B
| $11.8M | 0.01% |
269,490
+10,442
| +4% | +$458K |
|
1968
NiSource
NI
$19.6B
| $11.7M | 0.01% |
967,146
+34,078
| +4% | +$404K |
|
|
RFP
1969
DELISTED
Resolute Forest Products Inc.
RFP
| $11.7M | 0.01% |
887,268
+147,988
| +20% | +$2.04M |
|
|
NVO
1970
Novo Nordisk
NVO
$191B
| $11.7M | 0.01% |
692,760
+7,910
| +1% | +$133K |
|
|
EIHI
1971
DELISTED
EASTERN INSURANCE HOLDINGS INC COM STK
EIHI
| $11.7M | 0.01% |
479,441
+1,966
| +0.4% | +$41.2K |
|
1972
Vaalco Energy
EGY
$656M
| $11.7M | 0.01% |
2,094,677
+113,131
| +6% | +$667K |
|
|
RUTH
1973
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $11.7M | 0.01% |
985,387
+61,920
| +7% | +$758K |
|
1974
LPL Financial
LPLA
$26B
| $11.7M | 0.01% |
304,930
+34,670
| +13% | +$1.33M |
|
1975
Abercrombie & Fitch
ANF
$5.88B
| $11.7M | 0.01% |
330,180
+2,121
| +0.6% | +$93.8K |
|
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.