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
|
+$320M |
| 2 |
Banco Santander
SAN
|
+$176M |
| 3 |
AT&T
T
|
+$171M |
| 4 |
Ford
F
|
+$95.9M |
| 5 |
Cisco
CSCO
|
+$87M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Santander
BSBR
|
+$187M |
| 2 |
Union Pacific
UNP
|
+$98.1M |
| 3 |
URS
URS CORP
URS
|
+$96.4M |
| 4 |
SUNE
SUNEDISON, INC COM
SUNE
|
+$67.9M |
| 5 |
Avis
CAR
|
+$66.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.07% |
| 2 | Industrials | 13.39% |
| 3 | Technology | 11.08% |
| 4 | Energy | 9.38% |
| 5 | Consumer Discretionary | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Philip Morris
PM
$299B
| $158M | 0.1% |
1,937,810
+113,023
| +6% | +$9.71M |
|
177
Nasdaq
NDAQ
$53.2B
| $157M | 0.1% |
9,812,103
+104,238
| +1% | +$1.53M |
|
178
Kemper
KMPR
$1.71B
| $156M | 0.1% |
4,317,685
+46,090
| +1% | +$1.63M |
|
179
Helen of Troy
HELE
$649M
| $154M | 0.1% |
2,372,755
-100,828
| -4% | -$6.21M |
|
180
McDonald's
MCD
$191B
| $154M | 0.1% |
1,644,480
+72,246
| +5% | +$6.76M |
|
181
Arrow Electronics
ARW
$10.9B
| $153M | 0.1% |
2,650,661
+72,072
| +3% | +$4.01M |
|
182
Stanley Black & Decker
SWK
$14.9B
| $153M | 0.1% |
1,595,248
+112,280
| +8% | +$10.4M |
|
|
LM
183
DELISTED
Legg Mason, Inc.
LM
| $153M | 0.1% |
2,871,727
-72,304
| -2% | -$3.81M |
|
184
American Express
AXP
$228B
| $153M | 0.1% |
1,644,682
+159,817
| +11% | +$14.3M |
|
|
ICON
185
DELISTED
Iconix Brand Group, Inc.
ICON
| $152M | 0.1% |
450,360
-3,528
| -0.8% | -$1.33M |
|
186
Reinsurance Group of America
RGA
$15.6B
| $150M | 0.1% |
1,716,217
+25,590
| +2% | +$2.14M |
|
187
RTX Corp
RTX
$289B
| $150M | 0.1% |
2,076,299
+207,926
| +11% | +$14.2M |
|
188
Altria Group
MO
$113B
| $150M | 0.1% |
3,042,813
+175,695
| +6% | +$8.56M |
|
189
Carnival Corporation Ltd
CCL
$38B
| $149M | 0.1% |
3,286,394
-185,740
| -5% | -$7.6M |
|
190
Dillards
DDS
$9.41B
| $149M | 0.1% |
1,189,822
-39,187
| -3% | -$4.37M |
|
|
DMC
191
Del Monte Corp
DMC
$1.41B
| $147M | 0.1% |
4,396,001
+112,108
| +3% | +$3.65M |
|
|
CVSA
192
Covista Inc
CVSA
$4.3B
| $147M | 0.1% |
3,103,509
-16,463
| -0.5% | -$774K |
|
|
MRH
193
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $147M | 0.1% |
4,107,831
-127,285
| -3% | -$4.25M |
|
194
Loews
L
$23.9B
| $146M | 0.1% |
3,483,234
+117,010
| +3% | +$4.9M |
|
195
Sanmina
SANM
$9.83B
| $146M | 0.1% |
6,213,363
+94,134
| +2% | +$2.15M |
|
196
Tyson Foods
TSN
$21.4B
| $146M | 0.1% |
3,642,100
+326,882
| +10% | +$13.3M |
|
197
Macerich
MAC
$7.22B
| $145M | 0.1% |
1,738,482
+8,058
| +0.5% | +$593K |
|
|
ODP
198
DELISTED
ODP
ODP
| $145M | 0.09% |
1,686,037
+103,296
| +7% | +$6.57M |
|
199
WaFd
WAFD
$2.69B
| $144M | 0.09% |
6,509,780
+200,591
| +3% | +$4.29M |
|
200
Lowe's Companies
LOW
$118B
| $144M | 0.09% |
2,091,454
+140,814
| +7% | +$8.43M |
|
Similar funds
Dimensional Fund Advisors's Q4 2014 Portfolio in Review
As of Q4 2014, Dimensional Fund Advisors held 3,615 positions worth $152B, up 7.9% from $141B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Dimensional Fund Advisors deployed $5.68B of net new capital in Q4 2014, opening 70 new positions and adding to 2,264 existing holdings. Its largest new stake was Avid Technology Inc: 2,313,849 shares worth $32.9M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Industrials and Technology.
On the sell side, the largest reduction was Santander, an estimated $187M trimmed.
- Dimensional Fund Advisors's largest Q4 2014 buy was Avid Technology Inc: 2,313,849 shares worth $32.9M.
- Dimensional Fund Advisors added most to ExxonMobil in Q4 2014, an estimated $320M increase.
- Dimensional Fund Advisors's biggest Q4 2014 reduction was Santander, cutting an estimated $187M.
- Dimensional Fund Advisors fully exited URS CORP in Q4 2014, selling an estimated $96.4M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $152B portfolio in Q4 2014.
- Dimensional Fund Advisors opened 70 new positions and closed 98 in Q4 2014.
- Dimensional Fund Advisors's portfolio value rose 7.9% quarter-over-quarter to $152B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2014, filed 6 Feb 2015.