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 | 18.97% |
| 2 | Industrials | 13.23% |
| 3 | Energy | 11.07% |
| 4 | Technology | 9.34% |
| 5 | Consumer Discretionary | 8.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
WaFd
WAFD
$2.69B
| $110M | 0.1% |
5,315,189
+236,822
| +5% | +$5.03M |
|
|
GLF
202
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $109M | 0.09% |
2,142,379
+54,286
| +3% | +$2.66M |
|
203
Genworth Financial
GNW
$3.79B
| $109M | 0.09% |
8,521,439
+760,217
| +10% | +$9.53M |
|
204
Benchmark Electronics
BHE
$2.86B
| $109M | 0.09% |
4,746,983
-23,962
| -0.5% | -$530K |
|
|
BZ
205
DELISTED
BOISE INC COM STK (DE)
BZ
| $108M | 0.09% |
8,548,770
+36,056
| +0.4% | +$344K |
|
|
FFG
206
DELISTED
FBL Financial Group
FFG
| $108M | 0.09% |
2,398,534
-17,475
| -0.7% | -$780K |
|
|
MBFI
207
DELISTED
MB Financial Corp
MBFI
| $108M | 0.09% |
3,808,033
+54,947
| +1% | +$1.55M |
|
208
Westlake Corp
WLK
$9.27B
| $107M | 0.09% |
2,049,726
-828,278
| -29% | -$42.2M |
|
209
Helen of Troy
HELE
$658M
| $107M | 0.09% |
2,422,477
+47,359
| +2% | +$1.99M |
|
210
Nasdaq
NDAQ
$52.5B
| $106M | 0.09% |
9,949,842
+42,948
| +0.4% | +$459K |
|
|
FCS
211
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $106M | 0.09% |
7,660,558
+81,515
| +1% | +$1.07M |
|
|
ARGO
212
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $106M | 0.09% |
3,438,168
-13,598
| -0.4% | -$424K |
|
213
NRG Energy
NRG
$28.8B
| $105M | 0.09% |
3,859,233
-6,408
| -0.2% | -$173K |
|
|
PRE
214
DELISTED
PARTNERRE LTD
PRE
| $105M | 0.09% |
1,146,133
+68,886
| +6% | +$6.17M |
|
215
Banco Bradesco
BBD
$38.5B
| $105M | 0.09% |
19,216,597
-296,470
| -2% | -$1.46M |
|
|
SFG
216
DELISTED
STANCORP FINL GRP
SFG
| $104M | 0.09% |
1,896,557
+228,969
| +14% | +$12.3M |
|
217
Transocean
RIG
$5.84B
| $104M | 0.09% |
2,343,938
+46,070
| +2% | +$2.18M |
|
|
EFII
218
DELISTED
Electronics for Imaging
EFII
| $104M | 0.09% |
3,283,888
-17,140
| -0.5% | -$518K |
|
|
JNY
219
DELISTED
JONES GROUP INC COM STK (PA)
JNY
| $102M | 0.09% |
6,814,209
+85,847
| +1% | +$1.35M |
|
|
SKX
220
DELISTED
Skechers
SKX
| $102M | 0.09% |
9,854,598
+296,475
| +3% | +$2.82M |
|
221
Owens Corning
OC
$11.6B
| $102M | 0.09% |
2,680,020
+6,081
| +0.2% | +$237K |
|
222
First American
FAF
$7.79B
| $102M | 0.09% |
4,173,453
+292,443
| +8% | +$6.52M |
|
|
PL
223
DELISTED
PROTECTIVE LIFE CORP
PL
| $102M | 0.09% |
2,386,739
-31,035
| -1% | -$1.33M |
|
|
RDC
224
DELISTED
Rowan Companies Plc
RDC
| $102M | 0.09% |
2,764,398
+39,741
| +1% | +$1.43M |
|
225
Commercial Metals
CMC
$7.53B
| $101M | 0.09% |
5,940,437
+481,261
| +9% | +$7.54M |
|
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 19% of assets, down from 19% 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.