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 | |
|---|---|---|---|---|---|---|
|
PENX
2076
DELISTED
PENFORD CORP
PENX
| $11.1M | 0.01% |
861,981
-5,830
| -0.7% | -$76.8K |
|
|
EBIX
2077
DELISTED
Ebix Inc
EBIX
| $11.1M | 0.01% |
751,779
-21,693
| -3% | -$279K |
|
|
BMTC
2078
DELISTED
Bryn Mawr Bank Corp
BMTC
| $11.1M | 0.01% |
366,630
+10,939
| +3% | +$310K |
|
|
NUAN
2079
DELISTED
Nuance Communications, Inc.
NUAN
| $11.1M | 0.01% |
840,661
+20,698
| +3% | +$284K |
|
|
TEG
2080
DELISTED
INTEGRYS ENERGY GROUP INC COM (USA)
TEG
| $11M | 0.01% |
203,075
+2,822
| +1% | +$158K |
|
|
OB
2081
DELISTED
Onebeacon Insurance Group Ltd
OB
| $11M | 0.01% |
698,217
-4,286
| -0.6% | -$66.7K |
|
|
NWY
2082
DELISTED
New York & Co Inc
NWY
| $11M | 0.01% |
2,520,737
-13,859
| -0.5% | -$69.4K |
|
|
BIRT
2083
DELISTED
Actuate Corp
BIRT
| $11M | 0.01% |
1,427,595
+22,275
| +2% | +$171K |
|
2084
Albemarle
ALB
$13.6B
| $11M | 0.01% |
173,378
+32,052
| +23% | +$2.13M |
|
|
SP
2085
DELISTED
SP Plus Corporation
SP
| $11M | 0.01% |
421,693
+14,410
| +4% | +$372K |
|
|
ARMH
2086
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $11M | 0.01% |
200,536
+6,639
| +3% | +$323K |
|
|
DNKN
2087
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $11M | 0.01% |
227,405
-699
| -0.3% | -$33.1K |
|
2088
Camden National
CAC
$971M
| $11M | 0.01% |
389,058
+4,015
| +1% | +$110K |
|
2089
Acacia Research
ACTG
$442M
| $10.9M | 0.01% |
752,302
+120,735
| +19% | +$1.91M |
|
2090
Ceco Environmental
CECO
$4.15B
| $10.9M | 0.01% |
676,266
+6,256
| +0.9% | +$101K |
|
|
SUPX
2091
DELISTED
SUPERTEX INC
SUPX
| $10.9M | 0.01% |
436,311
+14,463
| +3% | +$360K |
|
2092
Sabra Healthcare REIT
SBRA
$5.15B
| $10.9M | 0.01% |
418,056
+20,869
| +5% | +$538K |
|
|
KSPN
2093
DELISTED
Kaspien Holdings Inc. Common Stock
KSPN
| $10.9M | 0.01% |
123,606
+903
| +0.7% | +$78.4K |
|
2094
Broadcom
AVGO
$1.66T
| $10.9M | 0.01% |
2,063,320
+147,700
| +8% | +$680K |
|
|
SCLN
2095
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $10.9M | 0.01% |
2,160,804
+24,286
| +1% | +$117K |
|
|
CVGW
2096
DELISTED
Calavo Growers
CVGW
| $10.9M | 0.01% |
359,334
+2,896
| +0.8% | +$86.1K |
|
|
USAK
2097
DELISTED
USA Truck Inc
USAK
| $10.9M | 0.01% |
812,293
-2,100
| -0.3% | -$27K |
|
2098
Enterprise Financial Services Corp
EFSC
$2.25B
| $10.9M | 0.01% |
531,697
+5,041
| +1% | +$93.4K |
|
2099
Waters Corp
WAT
$42.2B
| $10.8M | 0.01% |
107,563
+166
| +0.2% | +$16.7K |
|
|
SIGM
2100
DELISTED
Sigma Designs Inc
SIGM
| $10.7M | 0.01% |
2,277,172
+98,195
| +5% | +$518K |
|
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.