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 |
AT&T
T
|
+$1.21B |
| 2 |
Chevron
CVX
|
+$1.18B |
| 3 |
GE Aerospace
GE
|
+$1.16B |
| 4 |
Citigroup
C
|
+$1B |
| 5 |
Bank of America
BAC
|
+$962M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.14% |
| 2 | Industrials | 12.96% |
| 3 | Energy | 10.75% |
| 4 | Technology | 9.02% |
| 5 | Consumer Discretionary | 8.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
GE Aerospace
GE
$368B
| $1.17B | 1.1% |
+10,521,843
| New | +$1.16B |
|
|
2
AT&T
T
$159B
| $1.17B | 1.1% |
+43,636,323
| New | +$1.21B |
|
|
3
Chevron
CVX
$383B
| $1.15B | 1.08% |
+9,725,191
| New | +$1.18B |
|
|
4
Citigroup
C
$222B
| $1B | 0.94% |
+20,862,792
| New | +$1B |
|
|
5
Bank of America
BAC
$433B
| $970M | 0.91% |
+75,436,347
| New | +$962M |
|
6
Comcast
CMCSA
$84B
| $828M | 0.78% |
+39,555,356
| New | +$817M |
|
7
JPMorgan Chase
JPM
$933B
| $801M | 0.75% |
+15,174,721
| New | +$771M |
|
8
ConocoPhillips
COP
$145B
| $681M | 0.64% |
+11,263,834
| New | +$685M |
|
9
ExxonMobil
XOM
$651B
| $677M | 0.64% |
+7,491,946
| New | +$674M |
|
10
Pfizer
PFE
$142B
| $675M | 0.64% |
+25,416,465
| New | +$702M |
|
11
CVS Health
CVS
$134B
| $640M | 0.6% |
+11,200,561
| New | +$649M |
|
12
Petrobras Class A
PBR.A
$109B
| $617M | 0.58% |
+42,110,762
| New | +$767M |
|
13
Union Pacific
UNP
$172B
| $564M | 0.53% |
+7,315,030
| New | +$551M |
|
14
BP
BP
$114B
| $561M | 0.53% |
+16,442,506
| New | +$572M |
|
|
TWX
15
DELISTED
Time Warner Inc
TWX
| $534M | 0.5% |
+9,632,351
| New | +$545M |
|
|
RDS.B
16
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $521M | 0.49% |
+7,867,742
| New | +$537M |
|
17
Simon Property Group
SPG
$74.7B
| $506M | 0.48% |
+3,407,401
| New | +$546M |
|
18
American International
AIG
$41.8B
| $472M | 0.44% |
+10,558,629
| New | +$453M |
|
|
19
Petrobras
PBR
$123B
| $466M | 0.44% |
+34,753,142
| New | +$592M |
|
20
Mondelez International
MDLZ
$80.5B
| $432M | 0.41% |
+15,123,623
| New | +$460M |
|
21
Wells Fargo
WFC
$258B
| $422M | 0.4% |
+10,225,873
| New | +$398M |
|
22
Fomento Económico Mexicano
FMX
$43.2B
| $421M | 0.4% |
+4,077,879
| New | +$454M |
|
23
HSBC
HSBC
$367B
| $420M | 0.4% |
+9,394,733
| New | +$440M |
|
|
APC
24
DELISTED
Anadarko Petroleum
APC
| $414M | 0.39% |
+4,813,722
| New | +$414M |
|
|
TWC
25
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $398M | 0.37% |
+3,538,295
| New | +$342M |
|
Similar funds
Dimensional Fund Advisors's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Dimensional Fund Advisors, which disclosed 3,585 positions worth $106B. Its ten largest holdings account for 8.6% of the portfolio.
Its largest position is AT&T: 43,636,323 shares worth $1.17B.
By sector, the portfolio is most concentrated in Financials at 19% of assets, followed by Industrials and Energy.
- Dimensional Fund Advisors's largest Q2 2013 buy was AT&T: 43,636,323 shares worth $1.17B.
- Dimensional Fund Advisors's ten largest holdings make up 8.6% of its $106B portfolio in Q2 2013.
- Dimensional Fund Advisors disclosed 3,585 positions in Q2 2013, its first 13F filing on record.
Based on Dimensional Fund Advisors's 13F filing for Q2 2013, filed 15 Aug 2013.