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 | |
|---|---|---|---|---|---|---|
|
SHPG
2251
DELISTED
Shire pic
SHPG
| $8.95M | 0.01% |
63,365
-2,015
| -3% | -$265K |
|
|
ROIC
2252
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $8.95M | 0.01% |
607,899
+100,250
| +20% | +$1.46M |
|
|
WWE
2253
DELISTED
World Wrestling Entertainment
WWE
| $8.95M | 0.01% |
539,543
+51,170
| +10% | +$680K |
|
2254
Banco de Chile
BCH
$21B
| $8.94M | 0.01% |
342,936
+2,576
| +0.8% | +$68.1K |
|
2255
Arrow Financial
AROW
$705M
| $8.94M | 0.01% |
443,587
-1,360
| -0.3% | -$27.1K |
|
2256
PetMed Express
PETS
$35.3M
| $8.94M | 0.01% |
537,274
-18,006
| -3% | -$281K |
|
|
CPHD
2257
DELISTED
Cepheid Inc
CPHD
| $8.93M | 0.01% |
191,155
+5,166
| +3% | +$219K |
|
2258
ASE Group
ASX
$104B
| $8.92M | 0.01% |
1,859,397
-129
| -0% | -$634 |
|
|
MPX
2259
DELISTED
Marine Products Corp
MPX
| $8.92M | 0.01% |
887,384
-1,096
| -0.1% | -$10K |
|
|
ESC
2260
DELISTED
EMERITUS CORP
ESC
| $8.9M | 0.01% |
411,281
-883
| -0.2% | -$18.1K |
|
|
ESSA
2261
DELISTED
ESSA Bancorp
ESSA
| $8.86M | 0.01% |
766,529
+7,678
| +1% | +$84K |
|
|
PCBK
2262
DELISTED
Pacific Continental Corp
PCBK
| $8.86M | 0.01% |
559,729
+13,101
| +2% | +$183K |
|
2263
Hyatt Hotels
H
$14.6B
| $8.85M | 0.01% |
178,977
+2,979
| +2% | +$140K |
|
|
PCMI
2264
DELISTED
PCM, Inc
PCMI
| $8.84M | 0.01% |
860,987
-1,659
| -0.2% | -$16.7K |
|
|
PRCP
2265
DELISTED
Perceptron Inc
PRCP
| $8.84M | 0.01% |
637,338
+14,727
| +2% | +$173K |
|
2266
Clearfield
CLFD
$419M
| $8.78M | 0.01% |
433,887
| – | – |
|
2267
Lennox International
LII
$12.4B
| $8.78M | 0.01% |
103,179
-730
| -0.7% | -$57.9K |
|
2268
DMC Global
BOOM
$128M
| $8.76M | 0.01% |
402,844
+21,131
| +6% | +$468K |
|
2269
Graham Corp
GHM
$985M
| $8.74M | 0.01% |
240,889
+10,598
| +5% | +$390K |
|
2270
Pebblebrook Hotel Trust
PEB
$2.04B
| $8.73M | 0.01% |
283,927
+74,300
| +35% | +$2.19M |
|
|
ULTI
2271
DELISTED
Ultimate Software Group Inc
ULTI
| $8.73M | 0.01% |
56,992
+340
| +0.6% | +$51.4K |
|
2272
ScottsMiracle-Gro
SMG
$3.15B
| $8.69M | 0.01% |
139,736
+5,206
| +4% | +$305K |
|
2273
Provident Financial
PROV
$116M
| $8.68M | 0.01% |
578,392
+1,764
| +0.3% | +$27.2K |
|
|
JCP
2274
DELISTED
J.C. Penney Company, Inc.
JCP
| $8.65M | 0.01% |
945,254
-542,890
| -36% | -$4.53M |
|
2275
Nomura Holdings
NMR
$30B
| $8.62M | 0.01% |
1,109,414
| – | – |
|
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.