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
|
+$320M |
| 2 |
Banco Santander
SAN
|
+$176M |
| 3 |
AT&T
T
|
+$171M |
| 4 |
Ford
F
|
+$95.9M |
| 5 |
Cisco
CSCO
|
+$87M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Santander
BSBR
|
+$187M |
| 2 |
Union Pacific
UNP
|
+$98.1M |
| 3 |
URS
URS CORP
URS
|
+$96.4M |
| 4 |
SUNE
SUNEDISON, INC COM
SUNE
|
+$67.9M |
| 5 |
Avis
CAR
|
+$66.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.07% |
| 2 | Industrials | 13.39% |
| 3 | Technology | 11.08% |
| 4 | Energy | 9.38% |
| 5 | Consumer Discretionary | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
American Financial Group
AFG
$11.8B
| $144M | 0.09% |
2,369,349
+5,562
| +0.2% | +$331K |
|
|
TFCFA
202
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $144M | 0.09% |
3,738,331
+99,831
| +3% | +$3.53M |
|
|
MBFI
203
DELISTED
MB Financial Corp
MBFI
| $143M | 0.09% |
4,341,495
+16,260
| +0.4% | +$495K |
|
204
Republic Services
RSG
$65B
| $142M | 0.09% |
3,534,933
+299,961
| +9% | +$11.8M |
|
205
SL Green Realty
SLG
$3.81B
| $142M | 0.09% |
1,228,663
+15,438
| +1% | +$1.71M |
|
206
Marriott Vacations Worldwide
VAC
$3.35B
| $141M | 0.09% |
1,897,704
+80,919
| +4% | +$5.63M |
|
|
MWV
207
DELISTED
MEADWESTVACO CORP
MWV
| $141M | 0.09% |
3,181,440
+164,783
| +5% | +$7.13M |
|
208
Wendy's
WEN
$1.4B
| $141M | 0.09% |
15,629,304
+159,281
| +1% | +$1.34M |
|
|
CVA
209
DELISTED
Covanta Holding Corporation
CVA
| $140M | 0.09% |
6,376,753
+875,511
| +16% | +$19.7M |
|
|
PRE
210
DELISTED
PARTNERRE LTD
PRE
| $140M | 0.09% |
1,227,842
+41,820
| +4% | +$4.77M |
|
211
Assurant
AIZ
$14B
| $140M | 0.09% |
2,040,353
+16,322
| +0.8% | +$1.09M |
|
|
UMPQ
212
DELISTED
Umpqua Holdings Corp
UMPQ
| $139M | 0.09% |
8,172,159
-107,542
| -1% | -$1.82M |
|
213
MBIA
MBI
$274M
| $138M | 0.09% |
14,440,957
-180,917
| -1% | -$1.75M |
|
|
FFG
214
DELISTED
FBL Financial Group
FFG
| $137M | 0.09% |
2,361,404
-15,670
| -0.7% | -$798K |
|
215
DuPont de Nemours
DD
$18.7B
| $137M | 0.09% |
1,182,179
+317,973
| +37% | +$38.7M |
|
216
Regions Financial
RF
$26.3B
| $136M | 0.09% |
12,897,149
-196,160
| -1% | -$1.96M |
|
217
Shinhan Financial Group
SHG
$34B
| $136M | 0.09% |
3,372,417
-72,714
| -2% | -$3.23M |
|
|
JNS
218
DELISTED
Janus Capital Group Inc
JNS
| $136M | 0.09% |
8,438,770
-12,339
| -0.1% | -$185K |
|
219
Ryder
R
$9.9B
| $136M | 0.09% |
1,464,842
+160,584
| +12% | +$14.3M |
|
|
EMC
220
DELISTED
EMC CORPORATION
EMC
| $136M | 0.09% |
4,558,596
+542,352
| +14% | +$15.8M |
|
221
Kinder Morgan
KMI
$70.5B
| $135M | 0.09% |
3,201,099
+1,082,998
| +51% | +$42.7M |
|
222
Mastercard
MA
$510B
| $134M | 0.09% |
1,555,112
+114,653
| +8% | +$9.36M |
|
223
Boeing
BA
$175B
| $133M | 0.09% |
1,024,680
+40,650
| +4% | +$5.15M |
|
224
Prestige Consumer Healthcare
PBH
$2.37B
| $133M | 0.09% |
3,830,155
-4,646
| -0.1% | -$154K |
|
225
MKS Inc
MKSI
$19.8B
| $132M | 0.09% |
3,613,792
+26,721
| +0.7% | +$945K |
|
Similar funds
Dimensional Fund Advisors's Q4 2014 Portfolio in Review
As of Q4 2014, Dimensional Fund Advisors held 3,615 positions worth $152B, up 7.9% from $141B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
Dimensional Fund Advisors deployed $5.68B of net new capital in Q4 2014, opening 70 new positions and adding to 2,264 existing holdings. Its largest new stake was Avid Technology Inc: 2,313,849 shares worth $32.9M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Industrials and Technology.
On the sell side, the largest reduction was Santander, an estimated $187M trimmed.
- Dimensional Fund Advisors's largest Q4 2014 buy was Avid Technology Inc: 2,313,849 shares worth $32.9M.
- Dimensional Fund Advisors added most to ExxonMobil in Q4 2014, an estimated $320M increase.
- Dimensional Fund Advisors's biggest Q4 2014 reduction was Santander, cutting an estimated $187M.
- Dimensional Fund Advisors fully exited URS CORP in Q4 2014, selling an estimated $96.4M.
- Dimensional Fund Advisors's ten largest holdings make up 8.9% of its $152B portfolio in Q4 2014.
- Dimensional Fund Advisors opened 70 new positions and closed 98 in Q4 2014.
- Dimensional Fund Advisors's portfolio value rose 7.9% quarter-over-quarter to $152B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2014, filed 6 Feb 2015.