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 | |
|---|---|---|---|---|---|---|
2101
Verisk Analytics
VRSK
$23B
| $10.1M | 0.01% |
155,534
+25,047
| +19% | +$1.58M |
|
2102
Lamar Advertising Co
LAMR
$14.9B
| $10.1M | 0.01% |
214,613
+8,654
| +4% | +$381K |
|
2103
FRP Holdings
FRPH
$408M
| $10.1M | 0.01% |
596,504
+950
| +0.2% | +$15.6K |
|
|
GLBR
2104
DELISTED
Global Brokerage, Inc. Class A Common Stock
GLBR
| $10.1M | 0.01% |
50,893
-566
| -1% | -$102K |
|
|
DYN
2105
DELISTED
Dynegy, Inc.
DYN
| $10M | 0.01% |
519,551
-1,953
| -0.4% | -$39.6K |
|
2106
BWX Technologies
BWXT
$13.4B
| $10M | 0.01% |
415,526
+22,318
| +6% | +$506K |
|
2107
American Eagle Outfitters
AEO
$2.5B
| $9.98M | 0.01% |
713,144
-19,355
| -3% | -$324K |
|
2108
Chord Energy
CHRD
$8B
| $9.96M | 0.01% |
202,880
+32,361
| +19% | +$1.36M |
|
2109
CRA International
CRAI
$1.04B
| $9.96M | 0.01% |
534,912
-1,720
| -0.3% | -$32.7K |
|
|
SCNB
2110
DELISTED
Suffolk Bancorp
SCNB
| $9.95M | 0.01% |
561,612
+1,281
| +0.2% | +$22.9K |
|
|
CHS
2111
DELISTED
Chicos FAS, Inc.
CHS
| $9.94M | 0.01% |
596,607
+45,375
| +8% | +$748K |
|
2112
XPO
XPO
$20.5B
| $9.93M | 0.01% |
1,324,831
+14,509
| +1% | +$112K |
|
2113
Ionis Pharmaceuticals
IONS
$7.77B
| $9.89M | 0.01% |
263,563
+542
| +0.2% | +$16.2K |
|
2114
British American Tobacco
BTI
$121B
| $9.88M | 0.01% |
187,824
+29,052
| +18% | +$1.54M |
|
2115
Build-A-Bear
BBW
$314M
| $9.87M | 0.01% |
1,414,015
+3,572
| +0.3% | +$24.8K |
|
|
IRC
2116
DELISTED
INLAND REAL ESTATE CORP
IRC
| $9.87M | 0.01% |
964,612
+38,212
| +4% | +$393K |
|
2117
United States Lime & Minerals
USLM
$3.28B
| $9.85M | 0.01% |
840,155
+6,795
| +0.8% | +$79.2K |
|
|
OABC
2118
DELISTED
OMNIAMERICAN BANCORP INC COM STK (TX)
OABC
| $9.8M | 0.01% |
400,734
-751
| -0.2% | -$17.6K |
|
|
VAR
2119
DELISTED
Varian Medical Systems, Inc.
VAR
| $9.75M | 0.01% |
148,766
+11,298
| +8% | +$715K |
|
|
WWAV
2120
DELISTED
The WhiteWave Foods Company
WWAV
| $9.74M | 0.01% |
487,556
+269,353
| +123% | +$5.11M |
|
2121
SAP
SAP
$247B
| $9.73M | 0.01% |
131,652
+4,212
| +3% | +$311K |
|
2122
FreightCar America
RAIL
$243M
| $9.71M | 0.01% |
469,565
+10,316
| +2% | +$191K |
|
2123
Essential Utilities
WTRG
$11.8B
| $9.7M | 0.01% |
392,521
+27,192
| +7% | +$693K |
|
2124
Erie Indemnity
ERIE
$12.8B
| $9.7M | 0.01% |
133,873
+4,982
| +4% | +$384K |
|
2125
Nordson
NDSN
$17.4B
| $9.68M | 0.01% |
131,515
+3,095
| +2% | +$222K |
|
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.