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
|
+$214M |
| 2 |
AT&T
T
|
+$140M |
| 3 |
GE Aerospace
GE
|
+$128M |
| 4 |
Cisco
CSCO
|
+$86.5M |
| 5 |
Chevron
CVX
|
+$81.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$154M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$121M |
| 3 |
American International
AIG
|
+$104M |
| 4 |
Avis
CAR
|
+$102M |
| 5 |
Citigroup
C
|
+$91.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.56% |
| 2 | Industrials | 13.08% |
| 3 | Energy | 11.62% |
| 4 | Technology | 10.78% |
| 5 | Healthcare | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BT
1976
DELISTED
BT Group plc (ADR)
BT
| $13.4M | 0.01% |
434,444
-1,200
| -0.3% | -$38.6K |
|
|
ZQK
1977
DELISTED
QUICKSILVER,INC.
ZQK
| $13.4M | 0.01% |
7,762,101
-413,063
| -5% | -$1.17M |
|
|
DEG
1978
DELISTED
ETABLISSEMENT DELHZ ADS 4 ADS REPTGS 1 ORD SHS
DEG
| $13.3M | 0.01% |
770,114
-4,660
| -0.6% | -$79.1K |
|
|
PHX
1979
DELISTED
PHX Minerals
PHX
| $13.3M | 0.01% |
445,036
+68,892
| +18% | +$2.12M |
|
1980
Allegion
ALLE
$13.4B
| $13.3M | 0.01% |
278,570
+519
| +0.2% | +$27.2K |
|
1981
SEI Investments
SEIC
$12.4B
| $13.3M | 0.01% |
366,883
-17,483
| -5% | -$623K |
|
1982
Align Technology
ALGN
$12.1B
| $13.2M | 0.01% |
256,247
+3,862
| +2% | +$210K |
|
1983
TriCo Bancshares
TCBK
$1.84B
| $13.2M | 0.01% |
585,496
+9,748
| +2% | +$224K |
|
1984
Spok Holdings
SPOK
$228M
| $13.2M | 0.01% |
1,016,158
+24,242
| +2% | +$361K |
|
1985
Cameco
CCJ
$37.6B
| $13.2M | 0.01% |
747,627
+40,926
| +6% | +$802K |
|
|
AREX
1986
DELISTED
Approach Resources Inc.
AREX
| $13.2M | 0.01% |
909,555
-5,762
| -0.6% | -$108K |
|
1987
Great Southern Bancorp
GSBC
$874M
| $13.1M | 0.01% |
433,207
+5,425
| +1% | +$171K |
|
|
CTRX
1988
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $13.1M | 0.01% |
311,739
+95,833
| +44% | +$4.36M |
|
|
STMP
1989
DELISTED
Stamps.com, Inc.
STMP
| $13.1M | 0.01% |
413,565
+21,129
| +5% | +$699K |
|
|
FCH
1990
DELISTED
Felcor Lodging Trust
FCH
| $13.1M | 0.01% |
1,401,833
+33,969
| +2% | +$346K |
|
|
GST
1991
DELISTED
Gastar Exploration Inc.
GST
| $13.1M | 0.01% |
2,234,701
+359,799
| +19% | +$2.64M |
|
1992
Lamar Advertising Co
LAMR
$16.2B
| $13.1M | 0.01% |
266,176
-8,368
| -3% | -$431K |
|
|
UNTD
1993
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $13.1M | 0.01% |
1,195,937
+8,442
| +0.7% | +$95.6K |
|
|
TW
1994
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $13.1M | 0.01% |
131,353
+575
| +0.4% | +$60.6K |
|
1995
Hecla Mining
HL
$9.47B
| $13.1M | 0.01% |
5,267,593
-67,882
| -1% | -$212K |
|
|
INVX
1996
Innovex International
INVX
$1.96B
| $13M | 0.01% |
145,743
+4,578
| +3% | +$456K |
|
|
MNI
1997
DELISTED
The McClatchy Company Class A Common Stock
MNI
| $13M | 0.01% |
387,753
+20,262
| +6% | +$929K |
|
|
TFM
1998
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $13M | 0.01% |
372,612
+46,146
| +14% | +$1.5M |
|
|
USAP
1999
DELISTED
Universal Stainless & Alloy
USAP
| $13M | 0.01% |
492,701
+165
| +0% | +$5.04K |
|
|
IO
2000
DELISTED
ION Geophysical Corporation
IO
| $13M | 0.01% |
310,324
+21,573
| +7% | +$1.15M |
|
Similar funds
Dimensional Fund Advisors's Q3 2014 Portfolio in Review
As of Q3 2014, Dimensional Fund Advisors held 3,625 positions worth $141B, down 1.9% from $144B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 3.1%. Dimensional Fund Advisors opened 33 new positions and exited 79, leaving the 3,625-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q3 2014 buy was Liberty Media Series C: 2,340,661 shares worth $58.8M.
- Dimensional Fund Advisors added most to ExxonMobil in Q3 2014, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q3 2014 reduction was Bank of America, cutting an estimated $154M.
- Dimensional Fund Advisors fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $121M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $141B portfolio in Q3 2014.
- Dimensional Fund Advisors opened 33 new positions and closed 79 in Q3 2014.
- Dimensional Fund Advisors's portfolio value fell 1.9% quarter-over-quarter to $141B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2014, filed 13 Nov 2014.