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
|
+$344M |
| 2 |
Intel
INTC
|
+$219M |
| 3 |
Apple
AAPL
|
+$206M |
| 4 |
Pfizer
PFE
|
+$201M |
| 5 |
JPMorgan Chase
JPM
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vodafone
VOD
|
+$173M |
| 2 |
Bank of America
BAC
|
+$171M |
| 3 |
Citigroup
C
|
+$111M |
| 4 |
VPHM
VIROPHARMA INC
VPHM
|
+$103M |
| 5 |
LEAP
LEAP WIRELESS INTERNATIONAL INC NEW
LEAP
|
+$48.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.88% |
| 2 | Industrials | 13.29% |
| 3 | Energy | 11.48% |
| 4 | Technology | 10.2% |
| 5 | Healthcare | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Home Depot
HD
$332B
| $137M | 0.1% |
1,729,257
+129,632
| +8% | +$10.3M |
|
|
WNR
177
DELISTED
Western Refining Inc
WNR
| $137M | 0.1% |
3,541,591
-8,428
| -0.2% | -$331K |
|
178
Avnet
AVT
$7.12B
| $137M | 0.1% |
2,937,884
+55,511
| +2% | +$2.38M |
|
179
Royal Caribbean
RCL
$86.1B
| $136M | 0.1% |
2,501,379
+45,796
| +2% | +$2.32M |
|
|
AEL
180
DELISTED
American Equity Investment Life Holding Company
AEL
| $136M | 0.1% |
5,739,153
+188,252
| +3% | +$4.34M |
|
181
WaFd
WAFD
$2.69B
| $134M | 0.1% |
5,772,129
+154,623
| +3% | +$3.51M |
|
182
Assurant
AIZ
$14B
| $134M | 0.1% |
2,064,084
-12,540
| -0.6% | -$822K |
|
|
TFCFA
183
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $133M | 0.1% |
4,147,017
+14,824
| +0.4% | +$485K |
|
184
Graphic Packaging
GPK
$3.24B
| $132M | 0.1% |
13,007,407
-133,405
| -1% | -$1.32M |
|
185
Gilead Sciences
GILD
$163B
| $132M | 0.1% |
1,860,123
+359,488
| +24% | +$28.2M |
|
186
Amgen
AMGN
$209B
| $131M | 0.1% |
1,059,743
+11,825
| +1% | +$1.43M |
|
187
MGM Resorts International
MGM
$11.7B
| $130M | 0.1% |
5,043,262
+138,039
| +3% | +$3.56M |
|
188
Philip Morris
PM
$299B
| $130M | 0.1% |
1,593,010
+8,252
| +0.5% | +$667K |
|
|
SFG
189
DELISTED
STANCORP FINL GRP
SFG
| $130M | 0.1% |
1,940,206
-13,679
| -0.7% | -$903K |
|
190
Helmerich & Payne
HP
$3.37B
| $129M | 0.1% |
1,199,057
+36,378
| +3% | +$3.38M |
|
|
CKH
191
DELISTED
Seacor Holdings Inc.
CKH
| $125M | 0.09% |
1,500,762
+28,127
| +2% | +$2.34M |
|
192
RTX Corp
RTX
$289B
| $125M | 0.09% |
1,704,284
+183,199
| +12% | +$13.2M |
|
|
PHH
193
DELISTED
PHH Corporation
PHH
| $124M | 0.09% |
4,810,637
-31,710
| -0.7% | -$796K |
|
|
GGP
194
DELISTED
GGP Inc.
GGP
| $123M | 0.09% |
5,610,716
+76,607
| +1% | +$1.63M |
|
195
Commercial Metals
CMC
$7.57B
| $123M | 0.09% |
6,534,005
+354,637
| +6% | +$6.9M |
|
|
ANDV
196
DELISTED
Andeavor
ANDV
| $123M | 0.09% |
2,433,825
+85,145
| +4% | +$4.42M |
|
197
Nasdaq
NDAQ
$53.2B
| $123M | 0.09% |
9,981,045
+71,739
| +0.7% | +$927K |
|
198
First American
FAF
$7.71B
| $122M | 0.09% |
4,613,192
+330,491
| +8% | +$8.77M |
|
|
HOS
199
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $122M | 0.09% |
2,920,964
-132,289
| -4% | -$5.65M |
|
|
PRE
200
DELISTED
PARTNERRE LTD
PRE
| $122M | 0.09% |
1,178,839
+6,591
| +0.6% | +$658K |
|
Similar funds
Dimensional Fund Advisors's Q1 2014 Portfolio in Review
As of Q1 2014, Dimensional Fund Advisors held 3,643 positions worth $134B, up 4.3% from $128B the previous quarter. Its ten largest holdings account for 8.4% of the portfolio.
Trading was light in Q1 2014: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 102 new positions and exited 48, leaving the 3,643-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q1 2014 buy was SIZMEK INC COM STK (DE): 1,323,230 shares worth $14.1M.
- Dimensional Fund Advisors added most to ExxonMobil in Q1 2014, an estimated $344M increase.
- Dimensional Fund Advisors's biggest Q1 2014 reduction was Vodafone, cutting an estimated $173M.
- Dimensional Fund Advisors fully exited VIROPHARMA INC in Q1 2014, selling an estimated $103M.
- Dimensional Fund Advisors's ten largest holdings make up 8.4% of its $134B portfolio in Q1 2014.
- Dimensional Fund Advisors opened 102 new positions and closed 48 in Q1 2014.
- Dimensional Fund Advisors's portfolio value rose 4.3% quarter-over-quarter to $134B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2014, filed 14 May 2014.