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 | |
|---|---|---|---|---|---|---|
2376
Central Garden & Pet Co
CENT
$2.53B
| $7.24M | 0.01% |
1,317,970
-2,500
| -0.2% | -$14.7K |
|
|
ADEP
2377
DELISTED
Adept Technology Inc
ADEP
| $7.24M | 0.01% |
428,673
-600
| -0.1% | -$6.13K |
|
|
MDCI
2378
DELISTED
MEDICAL ACTION INDS INC
MDCI
| $7.23M | 0.01% |
844,947
+2,800
| +0.3% | +$20.2K |
|
|
FPO
2379
DELISTED
First Potomac Realty Trust
FPO
| $7.21M | 0.01% |
620,415
+37,835
| +6% | +$451K |
|
|
MBVT
2380
DELISTED
Merchants Bancshares Inc
MBVT
| $7.19M | 0.01% |
214,539
+5,029
| +2% | +$154K |
|
2381
Village Super Market
VLGEA
$661M
| $7.18M | 0.01% |
231,501
+1,691
| +0.7% | +$58.6K |
|
|
EV
2382
DELISTED
Eaton Vance Corp.
EV
| $7.16M | 0.01% |
167,373
-1,078
| -0.6% | -$44.5K |
|
|
LIOX
2383
DELISTED
Lionbridge Technologies
LIOX
| $7.16M | 0.01% |
1,200,533
+147,043
| +14% | +$739K |
|
|
KYO
2384
DELISTED
Kyocera Adr
KYO
| $7.13M | 0.01% |
142,110
-1,600
| -1% | -$81.8K |
|
|
DFZ
2385
DELISTED
BARRY (R.G.) CORPORATION
DFZ
| $7.12M | 0.01% |
369,121
-930
| -0.3% | -$17.8K |
|
2386
Mercantile Bank Corp
MBWM
$1.05B
| $7.11M | 0.01% |
329,514
+3,818
| +1% | +$81.9K |
|
2387
Consolidated Water Co
CWCO
$457M
| $7.1M | 0.01% |
503,625
+94,054
| +23% | +$1.33M |
|
|
CGG
2388
DELISTED
CGG
CGG
| $7.1M | 0.01% |
12,788
-32
| -0.2% | -$21K |
|
|
WBCO
2389
DELISTED
WASHINGTON BANKING CO
WBCO
| $7.09M | 0.01% |
400,191
+7,910
| +2% | +$131K |
|
2390
Harvard Bioscience
HBIO
$36.6M
| $7.09M | 0.01% |
150,829
-46,971
| -24% | -$2.05M |
|
2391
Morningstar
MORN
$7.61B
| $7.08M | 0.01% |
90,641
+4,601
| +5% | +$366K |
|
2392
KRONOS Worldwide
KRO
$960M
| $7.08M | 0.01% |
371,625
+5,398
| +1% | +$85.2K |
|
|
INTX
2393
DELISTED
Intersections, Inc.
INTX
| $7.06M | 0.01% |
906,038
-5,958
| -0.7% | -$49.6K |
|
|
TRNX
2394
DELISTED
TORNIER N V SHARES (NLD)
TRNX
| $7.05M | 0.01% |
375,432
+150,189
| +67% | +$2.83M |
|
2395
VSE Corp
VSEC
$4.96B
| $7.03M | 0.01% |
293,004
+9,334
| +3% | +$220K |
|
2396
Heritage Financial
HFWA
$1.15B
| $7.01M | 0.01% |
409,599
+13,991
| +4% | +$229K |
|
|
SUNE
2397
SUNation Energy
SUNE
$19M
| $7M | 0.01% |
1
| – | – |
|
2398
Oppenheimer Holdings
OPY
$1.23B
| $6.99M | 0.01% |
282,249
+3,925
| +1% | +$82.5K |
|
|
FXCB
2399
DELISTED
FOX CHASE BANCORP INC COM STK (MD)
FXCB
| $6.99M | 0.01% |
402,262
+8,761
| +2% | +$154K |
|
|
DMND
2400
DELISTED
DIAMOND FOODS, INC.
DMND
| $6.98M | 0.01% |
270,249
+4,373
| +2% | +$105K |
|
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.