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 |
ESRX
Express Scripts Holding Company
ESRX
|
+$124M |
| 2 |
Chevron
CVX
|
+$76.2M |
| 3 |
Ambev
ABEV
|
+$75.7M |
| 4 |
Freeport-McMoran
FCX
|
+$70.6M |
| 5 |
APA Corp
APA
|
+$60.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$324M |
| 2 |
SFD
SMITHFIELD FOODS,INC
SFD
|
+$117M |
| 3 |
BZ
BOISE INC COM STK (DE)
BZ
|
+$108M |
| 4 |
STEI
STEWART ENTERPRISES INC CL-A
STEI
|
+$88.5M |
| 5 |
SKS
SAKS INCORPORATED
SKS
|
+$78.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.18% |
| 2 | Industrials | 13.92% |
| 3 | Energy | 11.83% |
| 4 | Technology | 10.43% |
| 5 | Consumer Discretionary | 9.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TEF
2001
DELISTED
Telefonica
TEF
| $12.4M | 0.01% |
1,030,181
-18,969
| -2% | -$230K |
|
2002
Allegion
ALLE
$13.1B
| $12.3M | 0.01% |
+279,448
| New | +$12.1M |
|
|
PGTI
2003
DELISTED
PGT, Inc.
PGTI
| $12.3M | 0.01% |
1,218,347
+115,841
| +11% | +$1.14M |
|
2004
Shenandoah Telecom
SHEN
$635M
| $12.3M | 0.01% |
958,294
+90,766
| +10% | +$1.14M |
|
2005
Jakks Pacific
JAKK
$278M
| $12.3M | 0.01% |
182,454
-707
| -0.4% | -$42.4K |
|
2006
Ball Corp
BALL
$16.1B
| $12.3M | 0.01% |
475,120
-3,092
| -0.6% | -$75.4K |
|
2007
Genpact
G
$5.87B
| $12.3M | 0.01% |
667,866
+9,219
| +1% | +$172K |
|
|
ARC
2008
DELISTED
ARC Document Solutions, Inc.
ARC
| $12.3M | 0.01% |
1,491,978
+131,033
| +10% | +$938K |
|
2009
National Presto Industries
NPK
$1.09B
| $12.2M | 0.01% |
151,977
-703
| -0.5% | -$51.7K |
|
|
PLL
2010
DELISTED
PALL CORP
PLL
| $12.2M | 0.01% |
143,325
+2,773
| +2% | +$225K |
|
|
ITIC
2011
Investors Title Co
ITIC
$559M
| $12.2M | 0.01% |
150,891
+2,428
| +2% | +$190K |
|
2012
Western Union
WU
$2.04B
| $12.2M | 0.01% |
707,404
+27,496
| +4% | +$482K |
|
2013
Illumina
ILMN
$37B
| $12.2M | 0.01% |
113,320
+1,069
| +1% | +$97.9K |
|
|
BKMU
2014
DELISTED
Bank Mutual Corp
BKMU
| $12.2M | 0.01% |
1,733,397
+12,302
| +0.7% | +$80.5K |
|
|
FDO
2015
DELISTED
FAMILY DOLLAR STORES
FDO
| $12.1M | 0.01% |
186,801
+5,449
| +3% | +$373K |
|
|
HALL
2016
DELISTED
Hallmark Financial Services, Inc.
HALL
| $12.1M | 0.01% |
136,464
-110
| -0.1% | -$9.77K |
|
2017
Fabrinet
FN
$13.7B
| $12.1M | 0.01% |
588,871
+76,358
| +15% | +$1.41M |
|
2018
Hackett Group
HCKT
$268M
| $12.1M | 0.01% |
1,949,359
+28,706
| +1% | +$185K |
|
|
SRDX
2019
DELISTED
Surmodics
SRDX
| $12.1M | 0.01% |
495,172
-32,942
| -6% | -$777K |
|
|
IO
2020
DELISTED
ION Geophysical Corporation
IO
| $12M | 0.01% |
243,206
+72
| +0% | +$4.37K |
|
|
LVLT
2021
DELISTED
Level 3 Communications Inc
LVLT
| $12M | 0.01% |
362,561
+2,664
| +0.7% | +$78.5K |
|
2022
Ulta Beauty
ULTA
$23.2B
| $12M | 0.01% |
124,568
+592
| +0.5% | +$69.4K |
|
|
SIX
2023
DELISTED
Six Flags Entertainment Corp.
SIX
| $12M | 0.01% |
325,833
-11,556
| -3% | -$417K |
|
2024
BioMarin Pharmaceuticals
BMRN
$12.6B
| $12M | 0.01% |
170,510
+164
| +0.1% | +$11.1K |
|
2025
Armstrong World Industries
AWI
$6.76B
| $12M | 0.01% |
207,619
-34,215
| -14% | -$1.83M |
|
Similar funds
Dimensional Fund Advisors's Q4 2013 Portfolio in Review
As of Q4 2013, Dimensional Fund Advisors held 3,623 positions worth $128B, up 11% from $116B the previous quarter. Its ten largest holdings account for 8.3% of the portfolio.
Trading was light in Q4 2013: portfolio turnover was 3.4%. Dimensional Fund Advisors opened 41 new positions and exited 82, leaving the 3,623-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q4 2013 buy was Ambev: 10,360,938 shares worth $76.2M.
- Dimensional Fund Advisors added most to Express Scripts Holding Company in Q4 2013, an estimated $124M increase.
- Dimensional Fund Advisors's biggest Q4 2013 reduction was GE Aerospace, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited SMITHFIELD FOODS,INC in Q4 2013, selling an estimated $117M.
- Dimensional Fund Advisors's ten largest holdings make up 8.3% of its $128B portfolio in Q4 2013.
- Dimensional Fund Advisors opened 41 new positions and closed 82 in Q4 2013.
- Dimensional Fund Advisors's portfolio value rose 11% quarter-over-quarter to $128B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2013, filed 12 Feb 2014.