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 | |
|---|---|---|---|---|---|---|
2201
Royal Gold
RGLD
$21.3B
| $8.85M | 0.01% |
181,890
+1,322
| +0.7% | +$68.5K |
|
2202
DMC Global
BOOM
$128M
| $8.85M | 0.01% |
381,713
+9,232
| +2% | +$188K |
|
|
WR
2203
DELISTED
Westar Energy Inc
WR
| $8.84M | 0.01% |
288,479
+27,323
| +10% | +$873K |
|
2204
Enterprise Financial Services Corp
EFSC
$2.25B
| $8.84M | 0.01% |
526,656
+8,309
| +2% | +$144K |
|
|
PNRA
2205
DELISTED
Panera Bread Co
PNRA
| $8.84M | 0.01% |
55,730
+4,827
| +9% | +$838K |
|
2206
Illumina
ILMN
$37B
| $8.82M | 0.01% |
112,251
+5,911
| +6% | +$452K |
|
2207
Weyco Group
WEYS
$425M
| $8.81M | 0.01% |
311,260
+854
| +0.3% | +$22.9K |
|
2208
Atmos Energy
ATO
$27.4B
| $8.81M | 0.01% |
206,867
+13,121
| +7% | +$554K |
|
2209
West Bancorporation
WTBA
$504M
| $8.8M | 0.01% |
638,053
-18,235
| -3% | -$239K |
|
|
JOY
2210
DELISTED
Joy Global Inc
JOY
| $8.79M | 0.01% |
172,149
+11,045
| +7% | +$563K |
|
|
LMOS
2211
DELISTED
Lumos Networks Corp
LMOS
| $8.78M | 0.01% |
405,061
+9,450
| +2% | +$169K |
|
2212
Copart
CPRT
$27.5B
| $8.77M | 0.01% |
2,208,808
+76,256
| +4% | +$310K |
|
2213
Univest Financial
UVSP
$1.17B
| $8.77M | 0.01% |
465,375
+5,809
| +1% | +$115K |
|
2214
Utah Medical Products
UTMD
$236M
| $8.77M | 0.01% |
147,557
-1,154
| -0.8% | -$63K |
|
|
VHS
2215
DELISTED
VANGUARD HEALTH SYS INC COM STK (DE)
VHS
| $8.75M | 0.01% |
416,611
-14,115
| -3% | -$295K |
|
|
TIBX
2216
DELISTED
TIBCO SOFTWARE INC
TIBX
| $8.75M | 0.01% |
342,025
+75,307
| +28% | +$1.8M |
|
2217
Village Super Market
VLGEA
$654M
| $8.74M | 0.01% |
229,810
+703
| +0.3% | +$25.5K |
|
|
IHS
2218
DELISTED
IHS INC CL-A COM STK
IHS
| $8.72M | 0.01% |
76,398
+3,947
| +5% | +$434K |
|
|
AUD
2219
DELISTED
Audacy, Inc.
AUD
| $8.71M | 0.01% |
992,038
+11,044
| +1% | +$103K |
|
|
CACH
2220
DELISTED
CACHE INC (DE)
CACH
| $8.69M | 0.01% |
1,458,005
-6,990
| -0.5% | -$35K |
|
|
IMVP
2221
Invesco India ETF
IMVP
$102M
| $8.68M | 0.01% |
543,598
| – | – |
|
2222
Nomura Holdings
NMR
$29.9B
| $8.66M | 0.01% |
1,109,414
| – | – |
|
|
MTOR
2223
DELISTED
MERITOR, Inc.
MTOR
| $8.66M | 0.01% |
1,102,356
+340,234
| +45% | +$2.63M |
|
|
CVC
2224
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $8.66M | 0.01% |
514,253
+80,572
| +19% | +$1.48M |
|
|
VER
2225
DELISTED
VEREIT, Inc.
VER
| $8.66M | 0.01% |
141,895
+135,506
| +2,121% | +$9.23M |
|
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.