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 | |
|---|---|---|---|---|---|---|
2001
PTC
PTC
$14.6B
| $11.4M | 0.01% |
402,347
+14,868
| +4% | +$404K |
|
2002
Waters Corp
WAT
$42.2B
| $11.4M | 0.01% |
107,397
+7,039
| +7% | +$722K |
|
|
SIX
2003
DELISTED
Six Flags Entertainment Corp.
SIX
| $11.4M | 0.01% |
337,389
-4,681
| -1% | -$166K |
|
|
RHT
2004
DELISTED
Red Hat Inc
RHT
| $11.4M | 0.01% |
247,042
+6,689
| +3% | +$339K |
|
|
DXYN
2005
DELISTED
Dixie Group Inc
DXYN
| $11.4M | 0.01% |
1,021,313
+4,315
| +0.4% | +$43.7K |
|
|
KSPN
2006
DELISTED
Kaspien Holdings Inc. Common Stock
KSPN
| $11.4M | 0.01% |
122,703
-158
| -0.1% | -$15.3K |
|
2007
Cass Information Systems
CASS
$710M
| $11.3M | 0.01% |
280,482
+6,313
| +2% | +$262K |
|
2008
First Busey Corp
BUSE
$2.49B
| $11.3M | 0.01% |
725,230
+15,972
| +2% | +$237K |
|
|
GRA
2009
DELISTED
W.R. Grace & Co.
GRA
| $11.3M | 0.01% |
129,451
+6,616
| +5% | +$548K |
|
2010
SEI Investments
SEIC
$12.6B
| $11.3M | 0.01% |
365,028
+5,275
| +1% | +$163K |
|
2011
TFS Financial
TFSL
$4.71B
| $11.3M | 0.01% |
940,574
+70,446
| +8% | +$811K |
|
|
LTC
2012
LTC Properties
LTC
$2.34B
| $11.2M | 0.01% |
295,501
+17,600
| +6% | +$668K |
|
|
CNQR
2013
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
| $11.2M | 0.01% |
101,441
+117
| +0.1% | +$11.4K |
|
|
ITC
2014
DELISTED
ITC HOLDINGS CORP
ITC
| $11.2M | 0.01% |
358,197
+37,500
| +12% | +$1.14M |
|
|
HT
2015
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $11.2M | 0.01% |
500,497
+22,435
| +5% | +$503K |
|
|
TEG
2016
DELISTED
INTEGRYS ENERGY GROUP INC COM (USA)
TEG
| $11.2M | 0.01% |
200,253
+24,261
| +14% | +$1.42M |
|
|
BELFB
2017
Bel Fuse Inc Class B
BELFB
$3.44B
| $11.2M | 0.01% |
640,942
-260
| -0% | -$4.24K |
|
2018
TriCo Bancshares
TCBK
$1.72B
| $11.2M | 0.01% |
490,677
+6,029
| +1% | +$132K |
|
|
CAA
2019
DELISTED
CalAtlantic Group, Inc.
CAA
| $11.2M | 0.01% |
282,602
+25,049
| +10% | +$992K |
|
|
ITIC
2020
Investors Title Co
ITIC
$559M
| $11.2M | 0.01% |
148,463
-2,881
| -2% | -$212K |
|
|
AHT
2021
Ashford Hospitality Trust
AHT
$18.7M
| $11.1M | 0.01% |
1,439
+247
| +21% | +$1.84M |
|
2022
Universal Insurance Holdings
UVE
$1.24B
| $11.1M | 0.01% |
1,574,500
+81,165
| +5% | +$627K |
|
2023
SBA Communications
SBAC
$19.2B
| $11.1M | 0.01% |
137,898
+11,611
| +9% | +$880K |
|
|
ATML
2024
DELISTED
ATMEL CORP
ATML
| $11.1M | 0.01% |
1,490,236
+54,920
| +4% | +$418K |
|
2025
Winmark
WINA
$1.06B
| $11.1M | 0.01% |
150,376
-1,055
| -0.7% | -$75.9K |
|
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.