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 | |
|---|---|---|---|---|---|---|
|
DYN
2051
DELISTED
Dynegy, Inc.
DYN
| $11.5M | 0.01% |
532,329
+12,778
| +2% | +$260K |
|
2052
First Community Bankshares
FCBC
$884M
| $11.4M | 0.01% |
685,592
+9,999
| +1% | +$168K |
|
|
SPNC
2053
DELISTED
Spectranetics Corp
SPNC
| $11.4M | 0.01% |
456,423
-101,769
| -18% | -$2.18M |
|
2054
Hurco Companies Inc
HURC
$148M
| $11.4M | 0.01% |
456,047
-1,098
| -0.2% | -$27.6K |
|
2055
Citi Trends
CTRN
$488M
| $11.4M | 0.01% |
670,337
+146,769
| +28% | +$2.38M |
|
2056
Booz Allen Hamilton
BAH
$9.49B
| $11.4M | 0.01% |
593,849
+156,509
| +36% | +$2.86M |
|
2057
SAP
SAP
$247B
| $11.3M | 0.01% |
130,158
-1,494
| -1% | -$119K |
|
|
AFAM
2058
DELISTED
Almost Family Inc
AFAM
| $11.3M | 0.01% |
350,686
+12,061
| +4% | +$297K |
|
2059
Culp Inc
CULP
$46.4M
| $11.3M | 0.01% |
554,238
+4,377
| +0.8% | +$85.2K |
|
|
RPAI
2060
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $11.3M | 0.01% |
890,202
+339,927
| +62% | +$4.6M |
|
2061
Charter Communications
CHTR
$15.3B
| $11.3M | 0.01% |
82,786
+7,624
| +10% | +$1.01M |
|
2062
Western New England Bancorp
WNEB
$277M
| $11.3M | 0.01% |
1,515,354
-600
| -0% | -$4.38K |
|
|
EDR
2063
DELISTED
Education Realty Trust Inc
EDR
| $11.3M | 0.01% |
426,317
+20,349
| +5% | +$545K |
|
|
TWTC
2064
DELISTED
TW TELECOM INC CL A COM
TWTC
| $11.3M | 0.01% |
370,212
+4,311
| +1% | +$129K |
|
|
SRGA
2065
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $11.3M | 0.01% |
106,028
+830
| +0.8% | +$80.5K |
|
|
LTC
2066
LTC Properties
LTC
$2.34B
| $11.2M | 0.01% |
317,441
+21,940
| +7% | +$831K |
|
2067
Ezcorp Inc
EZPW
$1.94B
| $11.2M | 0.01% |
959,992
+198,061
| +26% | +$2.63M |
|
2068
Corpay
CPAY
$26.5B
| $11.2M | 0.01% |
95,613
+2,524
| +3% | +$290K |
|
|
DTSI
2069
DELISTED
DTS, Inc.
DTSI
| $11.2M | 0.01% |
466,214
+16,706
| +4% | +$358K |
|
2070
Korea Electric Power
KEP
$14.5B
| $11.2M | 0.01% |
673,173
+6,332
| +0.9% | +$91.2K |
|
|
WWAV
2071
DELISTED
The WhiteWave Foods Company
WWAV
| $11.2M | 0.01% |
486,846
-710
| -0.1% | -$14.8K |
|
|
SPPI
2072
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $11.1M | 0.01% |
1,258,915
-15,330
| -1% | -$137K |
|
2073
LSI Industries
LYTS
$756M
| $11.1M | 0.01% |
1,283,925
+14,335
| +1% | +$125K |
|
2074
US Physical Therapy
USPH
$1.24B
| $11.1M | 0.01% |
315,487
+5,085
| +2% | +$166K |
|
|
REXI
2075
DELISTED
RESOURCE AMERICA INC CL-A
REXI
| $11.1M | 0.01% |
1,184,502
-3,565
| -0.3% | -$31.7K |
|
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.