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Dodge & Cox

San Francisco, CA 21 processed 13Fs on this site, 2021 Q3 to 2026 Q2

  • $191B
  • 222 holdings
  • 2026 Q2
  • +5.0% QoQ
  • Top 5 16.7%

Portfolio

2026 Q2, filed 8/13/2026, top 12 of 222 holdings

Top 5 16.7%, top 10 27.8%

AUM over time

2026 Q2 $191B +5.0% QoQ
2021 Q3: $153.5B 2021 Q3: $153.5B
Q3 2021
2021 Q4: $161.5B, +5.2% QoQ 2021 Q4: $161.5B, +5.2% QoQ
Q4
2022 Q1: $164.6B, +1.9% QoQ 2022 Q1: $164.6B, +1.9% QoQ
Q1 2022
2022 Q2: $144.5B, −12.2% QoQ 2022 Q2: $144.5B, −12.2% QoQ
Q2
2022 Q3: $132B, −8.6% QoQ 2022 Q3: $132B, −8.6% QoQ
Q3
2022 Q4: $145.8B, +10.5% QoQ 2022 Q4: $145.8B, +10.5% QoQ
Q4
2023 Q1: $146.8B, +0.6% QoQ 2023 Q1: $146.8B, +0.6% QoQ
Q1 2023
2023 Q2: $149.9B, +2.1% QoQ 2023 Q2: $149.9B, +2.1% QoQ
Q2
2023 Q3: $148.4B, −1.0% QoQ 2023 Q3: $148.4B, −1.0% QoQ
Q3
2023 Q4: $157.3B, +6.0% QoQ 2023 Q4: $157.3B, +6.0% QoQ
Q4
2024 Q1: $172.4B, +9.6% QoQ 2024 Q1: $172.4B, +9.6% QoQ
Q1 2024
2024 Q2: $166.6B, −3.3% QoQ 2024 Q2: $166.6B, −3.3% QoQ
Q2
2024 Q3: $176.8B, +6.1% QoQ 2024 Q3: $176.8B, +6.1% QoQ
Q3
2024 Q4: $171.8B, −2.8% QoQ 2024 Q4: $171.8B, −2.8% QoQ
Q4
2025 Q1: $175.5B, +2.1% QoQ 2025 Q1: $175.5B, +2.1% QoQ
Q1 2025
2025 Q2: $178B, +1.4% QoQ 2025 Q2: $178B, +1.4% QoQ
Q2
2025 Q3: $185.3B, +4.1% QoQ 2025 Q3: $185.3B, +4.1% QoQ
Q3
2025 Q4: $185.3B, 0.0% QoQ 2025 Q4: $185.3B, 0.0% QoQ
Q4
2026 Q1: $182B, −1.8% QoQ 2026 Q1: $182B, −1.8% QoQ
Q1 2026
2026 Q2: $191B, +5.0% QoQ 2026 Q2: $191B, +5.0% QoQ
Q2

Book

2022 Q1 2021 Q4, filed 13 May, long equity only

SCHW, Charles Schwab 3.70%, was 3.83% Reduce −1.8% 72,239,181 $0.0843 $6.1M −1,347,414 −$98K
WFC, Wells Fargo 3.65%, was 3.97% Reduce −7.2% 123,850,397 $0.0485 $6M −9,577,655 −$400K
OXY, Occidental 3.47% Reduce −10.5% 100,709,066 $0.0567 $5.7M −11,822,694 +$2.5M
GOOG, Alphabet Class C 3.46%, was 3.66% Reduce −0.4% 2,035,867 $2.79 $5.7M −8,698 −$230K
SNY, Sanofi 2.87%, was 2.90% Reduce −1.5% 92,006,724 $0.0513 $4.7M −1,395,325 +$44K
COF, Capital One 2.63% Add +0.5% 32,964,956 $0.1313 $4.3M +174,095 −$430K
CI, Cigna 2.53% Reduce −0.7% 17,364,567 $0.2396 $4.2M −119,630 +$146K
MET, MetLife 2.50% Reduce −0.5% 58,433,230 $0.0703 $4.1M −291,953 +$437K
JCI, Johnson Controls 2.48% Add +1.8% 62,254,487 $0.0656 $4.1M +1,073,847 −$893K
FDX, FedEx 2.44% Add +3.9% 17,328,625 $0.2314 $4M +653,705 −$303K
CMCSA, Comcast 2.41% Add +0.1% 84,782,490 $0.0468 $4M +116,325 −$292K
RTX 2.30% Reduce −0.3% 38,220,004 $0.0991 $3.8M −102,053 +$488K
FISV, Fiserv 2.27% Add +4.2% 36,917,391 $0.1014 $3.7M +1,485,114 +$66K
GSK 2.27%, was 2.42% Reduce −3.1% 85,750,621 $0.0436 $3.7M −2,768,823 −$168K
CHTR, Charter Communications 2.22%, was 2.21% Add +22.2% 6,686,718 $0.5455 $3.6M +1,213,461 +$79K
MSFT, Microsoft 1.90% Add +1.8% 10,115,272 $0.3083 $3.1M +180,126 −$223K
VMware 1.86%, was 1.83% Add +5.9% 26,953,293 $0.1139 $3.1M +1,499,711 +$120K
BK, BNY 1.75%, was 2.10% Reduce −0.6% 57,891,107 $0.0496 $2.9M −355,897 −$510K
UBS 1.72%, was 1.16% Add +39.5% 145,244,842 $0.0195 $2.8M +41,128,200 +$969K
HPQ, HP 1.72%, was 2.43% Reduce −25.3% 77,767,842 $0.0363 $2.8M −26,408,095 −$1.1M
CSCO, Cisco 1.58%, was 1.85% Reduce −0.8% 46,702,142 $0.0558 $2.6M −397,204 −$381K
CTSH, Cognizant 1.57%, was 1.61% Reduce −1.1% 28,902,889 $0.0897 $2.6M −332,692 −$2K
GS, Goldman Sachs 1.54% Add +5.0% 7,671,309 $0.3301 $2.5M +368,139 −$262K
NVS, Novartis 1.48%, was 1.53% Reduce −1.4% 27,844,209 $0.0877 $2.4M −405,331 −$28K
MCHP, Microchip Technology 1.45% Add +7.2% 31,677,344 $0.0751 $2.4M +2,138,175 −$191K
WMB, Williams Companies 1.44% Reduce −0.9% 70,779,351 $0.0334 $2.4M −644,515 +$505K
META, Meta Platforms 1.43%, was 1.39% Add +59.5% 10,617,984 $0.2224 $2.4M +3,962,660 +$122K
TEL, TE Connectivity 1.36%, was 1.71% Reduce −0.4% 17,059,944 $0.1310 $2.2M −66,010 −$529K
TMUS, T-Mobile US 1.35%, was 1.18% Add +5.0% 17,285,121 $0.1283 $2.2M +821,862 +$309K
GILD, Gilead Sciences 1.34%, was 1.67% Reduce −0.4% 37,026,630 $0.0594 $2.2M −148,147 −$498K
UNH, UnitedHealth Group 1.32%, was 1.33% Reduce −0.7% 4,246,215 $0.5100 $2.2M −28,490 +$19K
COP, ConocoPhillips 1.28% Reduce −0.7% 21,080,908 $0.1000 $2.1M −148,500 +$576K
BKNG, Booking Holdings 1.24%, was 1.23% Add +4.7% 867,129 $2.35 $2M +38,707 +$49K
BMY, Bristol Myers Squibb 1.20% Reduce −1.3% 27,003,359 $0.0730 $2M −352,073 +$266K
STT, State Street 1.18%, was 1.29% Reduce −0.5% 22,246,449 $0.0871 $1.9M −110,050 −$141K
FOXA, Fox Class A 1.13% Reduce −1.0% 47,302,575 $0.0395 $1.9M −468,007 +$103K
BAC, Bank of America 1.08%, was 1.90% Reduce −37.7% 42,922,989 $0.0412 $1.8M −25,978,501 −$1.3M
HPE, Hewlett Packard Enterprise 1.06% Reduce −1.8% 104,077,474 $0.0167 $1.7M −1,882,435 +$68K
TAP, Molson Coors Beverage 0.98% Reduce −1.2% 30,246,969 $0.0534 $1.6M −368,841 +$196K
Juniper Networks 0.97%, was 0.98% Reduce −3.1% 43,056,326 $0.0372 $1.6M −1,378,090 +$13K
AXP, American Express 0.96% Reduce −3.0% 8,438,773 $0.1870 $1.6M −258,968 +$155K
REGN, Regeneron 0.95%, was 0.11% Add +701.5% 2,237,063 $0.6984 $1.6M +1,957,941 +$1.4M
INCY, Incyte 0.87%, was 0.76% Add +8.4% 18,060,290 $0.0794 $1.4M +1,402,704 +$212K
CVS, CVS Health 0.87%, was 0.93% Reduce −3.7% 14,070,282 $0.1012 $1.4M −543,390 −$83K
SU, Suncor Energy 0.83%, was 0.85% Reduce −23.5% 42,154,154 $0.0326 $1.4M −12,950,800 −$5K
Honda Motor 0.81%, was 0.80% Add +5.0% 47,377,953 $0.0283 $1.3M +2,252,358 +$55K
BABA, Alibaba 0.79%, was 0.65% Add +33.9% 11,920,270 $0.1088 $1.3M +3,020,800 +$240K
SLB 0.77%, was 1.05% Reduce −45.7% 30,629,935 $0.0413 $1.3M −25,797,515 −$425K
BUD, Anheuser-Busch InBev 0.77%, was 0.56% Add +39.4% 20,973,132 $0.0601 $1.3M +5,932,975 +$349K
DISH Network 0.74% Add +0.2% 38,343,264 $0.0316 $1.2M +75,176 −$28K

Showing top 50 of 194 by value

Exits / last held

Gone since 2021 Q4, shown at their last reported size.

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
SHEL, Royal Dutch Shell — Exit 0 $0.0402 $3K −74,598 −$3K
Holding — Exit 0 — — −15,600 $—
JOYY — Exit 0 — — −8,828 $—
LOMA — Exit 0 — — −17,100 $—
SE, Sea Limited — Exit 0 — — −1,500 $—
T, AT&T — Exit 0 — — −10,937 $—

Weight bar: held both quarters added sold at this quarter’s reported price

* Reported price is value ÷ shares from the 13F as of period end, not a live market quote. Weight % is each long-equity position ÷ full 13F AUM, so rows may not sum to 100% when the filing includes options or other non-equity (excluded from this table). Share change and $ change are vs 2021 Q4. Click a column header to sort, or New, Hold, Add or Reduce to bring those moves to the top. Exit opens the last-held block below.

Filings history

20 periods, with AUM normalized

Period Holds AUM QoQ Form Filed Filing ID
2026 Q2 222 $191B +5.0% 13F-HR 8/13/2026 000119312526349535
2026 Q1 222 $182B −1.8% 13F-HR 5/14/2026 000119312526223352
2025 Q4 222 $185.3B 0.0% 13F-HR 2/13/2026 000119312526050636
2025 Q3 219 $185.3B +4.1% 13F-HR 11/13/2025 000119312525280187
2025 Q2 219 $178B +1.4% 13F-HR 8/13/2025 000095012325007843
2025 Q1 214 $175.5B +2.1% 13F-HR 5/14/2025 000095012325005225
2024 Q4 214 $171.8B −2.8% 13F-HR 2/13/2025 000095012325002054
2024 Q3 205 $176.8B +6.1% 13F-HR 11/13/2024 000095012324011156
2024 Q2 202 $166.6B −3.3% 13F-HR 8/13/2024 000095012324008085
2024 Q1 199 $172.4B +9.6% 13F-HR 5/14/2024 000095012324004973
2023 Q4 197 $157.6B — RESTATEMENT 2/22/2024 000095012324002715
2023 Q4 195 $157.3B +6.0% 13F-HR 2/15/2024 000095012324002669
2023 Q3 192 $148.4B −1.0% 13F-HR 11/14/2023 000095012323010663
2023 Q2 191 $149.9B +2.1% 13F-HR 8/14/2023 000095012323007849
2023 Q1 203 $146.8B +0.6% 13F-HR 5/12/2023 000095012323004679
2022 Q4 188 $145.8B +10.5% 13F-HR 2/14/2023 000095012323002467
2022 Q3 191 $132B −8.6% 13F-HR 11/10/2022 000095012322011468
2022 Q2 211 $144.5B −12.2% 13F-HR 8/12/2022 000095012322008869
2022 Q1 197 $164.6B +1.9% 13F-HR 5/13/2022 000095012322005782
2021 Q4 197 $161.5B +5.2% 13F-HR 2/14/2022 000095012322002744
2021 Q3 193 $153.5B — 13F-HR 11/15/2021 000095012321015230

About

Dodge & Cox

21 processed 13Fs on this site, 2021 Q3 to 2026 Q2

SEC filing name
DODGE & COX
Location
San Francisco, CA
All SEC filings
View on sec.gov