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 | |
|---|---|---|---|---|---|---|
|
BFS
2326
Saul Centers
BFS
$749M
| $7.38M | 0.01% |
159,660
+1,500
| +0.9% | +$68.5K |
|
2327
Mistras Group
MG
$632M
| $7.38M | 0.01% |
434,273
+8,701
| +2% | +$152K |
|
|
VASC
2328
DELISTED
Vascular Solutions Inc
VASC
| $7.36M | 0.01% |
437,796
+3,739
| +0.9% | +$60.5K |
|
|
RSH
2329
DELISTED
RADIOSHACK CORP
RSH
| $7.35M | 0.01% |
2,155,409
-48,977
| -2% | -$157K |
|
|
HNP
2330
DELISTED
Huaneng Power Intl, Inc.
HNP
| $7.34M | 0.01% |
183,365
-4,241
| -2% | -$172K |
|
|
FPO
2331
DELISTED
First Potomac Realty Trust
FPO
| $7.32M | 0.01% |
582,580
+37,912
| +7% | +$499K |
|
2332
Sociedad Química y Minera de Chile
SQM
$20.5B
| $7.32M | 0.01% |
246,007
-7,907
| -3% | -$247K |
|
|
MTL
2333
DELISTED
Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs)
MTL
| $7.3M | 0.01% |
1,136,061
+197,776
| +21% | +$1.24M |
|
|
USAK
2334
DELISTED
USA Truck Inc
USAK
| $7.3M | 0.01% |
814,393
-32
| -0% | -$196 |
|
|
SALM
2335
DELISTED
Salem Media Group, Inc. Class A Common Stock
SALM
| $7.26M | 0.01% |
876,968
+1,779
| +0.2% | +$14.2K |
|
|
CPHD
2336
DELISTED
Cepheid Inc
CPHD
| $7.26M | 0.01% |
185,989
+3,350
| +2% | +$121K |
|
|
STRS
2337
DELISTED
STRATUS PPTYS INC
STRS
| $7.26M | 0.01% |
545,426
-1,499
| -0.3% | -$19.3K |
|
|
ZEP
2338
DELISTED
ZEP INC COM STK (DE)
ZEP
| $7.23M | 0.01% |
444,787
+4,317
| +1% | +$61K |
|
|
ABAX
2339
DELISTED
Abaxis Inc
ABAX
| $7.21M | 0.01% |
171,250
-12,402
| -7% | -$537K |
|
2340
BlackBerry
BB
$4.65B
| $7.21M | 0.01% |
906,754
+8,690
| +1% | +$84.4K |
|
2341
Builders FirstSource
BLDR
$6.21B
| $7.21M | 0.01% |
1,225,789
-141,309
| -10% | -$844K |
|
|
DISH
2342
DELISTED
DISH Network Corp.
DISH
| $7.2M | 0.01% |
160,063
+2,533
| +2% | +$114K |
|
2343
Groupon
GRPN
$765M
| $7.2M | 0.01% |
32,097
+987
| +3% | +$197K |
|
|
ECHO
2344
DELISTED
Echo Global Logistics, Inc.
ECHO
| $7.17M | 0.01% |
342,618
+59,401
| +21% | +$1.25M |
|
2345
Sterling Infrastructure
STRL
$15.5B
| $7.17M | 0.01% |
775,345
-1,163
| -0.1% | -$11.4K |
|
2346
Center Bancorp
CNOB
$1.59B
| $7.17M | 0.01% |
503,547
-422
| -0.1% | -$6.08K |
|
|
EGLE
2347
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $7.13M | 0.01% |
390
| – | – |
|
|
PKY
2348
DELISTED
Parkway, Inc.
PKY
| $7.13M | 0.01% |
401,334
+44,442
| +12% | +$778K |
|
2349
Commault Systems
CVLT
$6.17B
| $7.13M | 0.01% |
81,203
-6,832
| -8% | -$572K |
|
|
NATI
2350
DELISTED
National Instruments Corp
NATI
| $7.12M | 0.01% |
230,278
+10,142
| +5% | +$295K |
|
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.