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 | |
|---|---|---|---|---|---|---|
1976
CEMIG Preferred Shares
CIG
$6.15B
| $11.7M | 0.01% |
3,469,027
-66,165
| -2% | -$225K |
|
|
BCR
1977
DELISTED
CR Bard Inc.
BCR
| $11.7M | 0.01% |
101,338
+9,615
| +10% | +$1.1M |
|
|
BLT
1978
DELISTED
BLOUNT INTERNATIONAL (NEW)
BLT
| $11.7M | 0.01% |
963,911
-4,567
| -0.5% | -$55.9K |
|
|
DLA
1979
DELISTED
Delta Apparel Inc.
DLA
| $11.6M | 0.01% |
703,034
-3,491
| -0.5% | -$57K |
|
1980
Matador Resources
MTDR
$7.14B
| $11.6M | 0.01% |
712,463
+463,906
| +187% | +$6.9M |
|
|
CBK
1981
DELISTED
Christopher & Banks Corporation
CBK
| $11.6M | 0.01% |
1,612,326
-45,249
| -3% | -$300K |
|
1982
Autodesk
ADSK
$45.7B
| $11.6M | 0.01% |
282,184
+15,847
| +6% | +$585K |
|
|
IQNT
1983
DELISTED
Inteliquent, Inc.
IQNT
| $11.6M | 0.01% |
+1,202,553
| New | +$9.58M |
|
1984
WEC Energy
WEC
$34.1B
| $11.6M | 0.01% |
287,305
+9,407
| +3% | +$392K |
|
|
DLLR
1985
DELISTED
DFC GLOBAL CORP COM STK (DE)
DLLR
| $11.6M | 0.01% |
1,053,931
+86,615
| +9% | +$1.18M |
|
1986
Blackbaud
BLKB
$1.97B
| $11.6M | 0.01% |
296,412
-10,749
| -3% | -$384K |
|
|
HWCC
1987
DELISTED
Houston Wire & Cable Company
HWCC
| $11.6M | 0.01% |
859,035
+424,578
| +98% | +$5.83M |
|
|
XCRA
1988
DELISTED
Xcerra Corporation
XCRA
| $11.6M | 0.01% |
1,757,764
+10,066
| +0.6% | +$55K |
|
1989
Douglas Dynamics
PLOW
$920M
| $11.6M | 0.01% |
784,408
+2,480
| +0.3% | +$36.1K |
|
1990
Accuray
ARAY
$28.8M
| $11.5M | 0.01% |
1,560,444
-63,807
| -4% | -$403K |
|
|
IXYS
1991
DELISTED
IXYS Corp
IXYS
| $11.5M | 0.01% |
1,194,393
+1,893
| +0.2% | +$20.3K |
|
|
ANSS
1992
DELISTED
Ansys
ANSS
| $11.5M | 0.01% |
133,056
+8,414
| +7% | +$703K |
|
1993
TransDigm Group
TDG
$59.5B
| $11.5M | 0.01% |
82,994
-1,818
| -2% | -$259K |
|
|
GFIG
1994
DELISTED
GFI GROUP INC
GFIG
| $11.5M | 0.01% |
2,912,937
+137,414
| +5% | +$560K |
|
1995
Great Southern Bancorp
GSBC
$865M
| $11.5M | 0.01% |
407,205
-9,932
| -2% | -$280K |
|
|
BNCL
1996
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $11.5M | 0.01% |
1,268,121
+1,481
| +0.1% | +$12.3K |
|
1997
Opko Health
OPK
$1.21B
| $11.5M | 0.01% |
1,304,145
-273,192
| -17% | -$2.19M |
|
1998
Daktronics
DAKT
$839M
| $11.5M | 0.01% |
1,025,321
-787
| -0.1% | -$8.68K |
|
|
MOLXA
1999
DELISTED
MOLEX INC CL-A
MOLXA
| $11.5M | 0.01% |
299,728
+8,063
| +3% | +$309K |
|
2000
Ciena
CIEN
$48.8B
| $11.5M | 0.01% |
458,737
+457,137
| +28,571% | +$10.3M |
|
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.