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 | |
|---|---|---|---|---|---|---|
2051
Heritage Financial
HFWA
$1.23B
| $12.1M | 0.01% |
766,831
-2,488
| -0.3% | -$40.3K |
|
2052
MGP Ingredients
MGPI
$370M
| $12.1M | 0.01% |
928,747
+14,259
| +2% | +$144K |
|
2053
Forum Energy Technologies
FET
$795M
| $12.1M | 0.01% |
19,802
+6,605
| +50% | +$4.44M |
|
2054
IDT Corp
IDT
$1.65B
| $12.1M | 0.01% |
1,067,930
+22,935
| +2% | +$261K |
|
|
AEC
2055
DELISTED
ASSOCIATED ESTATES REALTY CORP
AEC
| $12.1M | 0.01% |
690,061
+45,187
| +7% | +$818K |
|
2056
Winmark
WINA
$1.25B
| $12.1M | 0.01% |
164,383
+415
| +0.3% | +$29K |
|
2057
Flowers Foods
FLO
$1.53B
| $12M | 0.01% |
655,535
+58,552
| +10% | +$1.14M |
|
2058
Graco
GGG
$13B
| $12M | 0.01% |
494,652
+15,732
| +3% | +$398K |
|
2059
Lennox International
LII
$15B
| $12M | 0.01% |
156,444
+2,300
| +1% | +$194K |
|
2060
Expeditors International
EXPD
$22.3B
| $12M | 0.01% |
296,053
+22,409
| +8% | +$955K |
|
|
POWR
2061
DELISTED
POWERSECURE INTL INC COM STK (DE)
POWR
| $12M | 0.01% |
1,252,713
-27,951
| -2% | -$286K |
|
2062
Arthur J. Gallagher & Co
AJG
$63.7B
| $12M | 0.01% |
264,427
-12,829
| -5% | -$590K |
|
2063
Seneca Foods Class A
SENEA
$1.15B
| $12M | 0.01% |
419,017
+4
| +0% | +$120 |
|
|
PCTI
2064
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $11.9M | 0.01% |
1,574,361
-6,403
| -0.4% | -$49.8K |
|
2065
IPG Photonics
IPGP
$3.7B
| $11.9M | 0.01% |
173,685
+3,291
| +2% | +$222K |
|
2066
Superior Group of Companies
SGC
$202M
| $11.9M | 0.01% |
1,101,352
+1,846
| +0.2% | +$18.9K |
|
2067
Hasbro
HAS
$12.9B
| $11.9M | 0.01% |
216,763
+6,120
| +3% | +$322K |
|
2068
Mistras Group
MG
$500M
| $11.9M | 0.01% |
582,772
+39,261
| +7% | +$857K |
|
|
SMI
2069
DELISTED
Semiconductor Manufacturing Intl
SMI
| $11.9M | 0.01% |
2,331,824
+12,200
| +0.5% | +$57.6K |
|
2070
Mercantile Bank Corp
MBWM
$1.05B
| $11.9M | 0.01% |
622,960
+13,040
| +2% | +$258K |
|
|
TIVO
2071
DELISTED
TIVO INC
TIVO
| $11.9M | 0.01% |
927,458
+686,120
| +284% | +$9.22M |
|
|
KCG
2072
DELISTED
KCG Holdings, Inc.
KCG
| $11.9M | 0.01% |
1,169,985
+341,923
| +41% | +$3.87M |
|
|
BRSL
2073
Brightstar Lottery PLC
BRSL
$1.86B
| $11.8M | 0.01% |
700,264
-38,235
| -5% | -$636K |
|
2074
Perdoceo Education
PRDO
$2.04B
| $11.8M | 0.01% |
2,322,593
-206,224
| -8% | -$1.06M |
|
2075
US Physical Therapy
USPH
$1.18B
| $11.8M | 0.01% |
332,877
+5,091
| +2% | +$180K |
|
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.