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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 Q4 2022 Q3, filed 14 Feb, long equity only

SCHW, Charles Schwab 4.42% Reduce −3.8% 77,428,730 $83.26 $6.4B −3,082,411 +$6.4B
OXY, Occidental 4.02%, was 4.42% Reduce −2.1% 92,957,224 $62.99 $5.9B −2,021,164 +$5.8B
WFC, Wells Fargo 3.36%, was 3.71% Reduce −2.4% 118,722,376 $41.29 $4.9B −2,903,978 +$4.9B
SNY, Sanofi 2.80%, was 2.18% Add +11.3% 84,189,074 $48.43 $4.1B +8,538,408 +$4.1B
JCI, Johnson Controls 2.75% Reduce −3.4% 62,614,115 $64.00 $4B −2,190,043 +$4B
MET, MetLife 2.66% Reduce −4.0% 53,583,210 $72.37 $3.9B −2,232,900 +$3.9B
CI, Cigna 2.62% Reduce −4.6% 11,548,557 $331.34 $3.8B −557,269 +$3.8B
GOOG, Alphabet Class C 2.61% Add +2.7% 42,945,292 $88.73 $3.8B +1,141,120 +$3.8B
FISV, Fiserv 2.52%, was 2.60% Reduce −1.0% 36,319,244 $101.07 $3.7B −348,595 +$3.7B
RTX 2.32% Reduce −3.0% 33,559,257 $100.92 $3.4B −1,032,180 +$3.4B
VMware 2.30%, was 2.20% Add +0.1% 27,303,151 $122.76 $3.4B +34,526 +$3.3B
COF, Capital One 2.25%, was 2.50% Reduce −1.3% 35,372,196 $92.96 $3.3B −459,430 +$3.3B
GE, GE Aerospace 2.14%, was 1.74% Add +0.2% 37,176,656 $83.79 $3.1B +91,200 +$3.1B
GILD, Gilead Sciences 2.11% Reduce −1.3% 35,885,152 $85.85 $3.1B −484,100 +$3.1B
FDX, FedEx 2.06%, was 1.94% Add +0.5% 17,331,895 $173.20 $3B +90,200 +$3B
UBS 2.04%, was 1.73% Add +1.1% 159,315,717 $18.65 $3B +1,711,400 +$3B
MSFT, Microsoft 2.02%, was 1.93% Add +12.0% 12,267,927 $239.82 $2.9B +1,318,225 +$2.9B
CHTR, Charter Communications 1.97%, was 1.55% Add +26.0% 8,471,513 $339.10 $2.9B +1,746,242 +$2.9B
CMCSA, Comcast 1.91% Reduce −3.4% 79,582,263 $34.97 $2.8B −2,774,316 +$2.8B
BK, BNY 1.87%, was 1.70% Add +3.0% 59,815,247 $45.52 $2.7B +1,733,535 +$2.7B
GSK 1.56%, was 1.31% Add +10.8% 64,932,952 $35.14 $2.3B +6,348,963 +$2.3B
GS, Goldman Sachs 1.45%, was 1.64% Reduce −16.8% 6,143,091 $343.38 $2.1B −1,237,158 +$2.1B
CSCO, Cisco 1.40% Reduce −7.3% 42,926,577 $47.64 $2B −3,377,450 +$2B
NVS, Novartis 1.29% Reduce −1.4% 20,751,372 $90.72 $1.9B −297,285 +$1.9B
UNH, UnitedHealth Group 1.28%, was 1.46% Reduce −7.2% 3,528,710 $530.18 $1.9B −273,705 +$1.9B
TEL, TE Connectivity 1.28%, was 1.41% Reduce −3.9% 16,247,285 $114.80 $1.9B −663,809 +$1.9B
FIS, Fidelity National Information Services 1.22%, was 0.56% Add +166.4% 26,220,615 $67.85 $1.8B +16,376,810 +$1.8B
COP, ConocoPhillips 1.18%, was 1.60% Reduce −29.4% 14,539,482 $118.00 $1.7B −6,060,740 +$1.7B
STT, State Street 1.17% Reduce −0.5% 21,943,754 $77.57 $1.7B −109,675 +$1.7B
BKNG, Booking Holdings 1.15% Reduce −2.3% 832,294 $2,015 $1.7B −19,580 +$1.7B
MCHP, Microchip Technology 1.13%, was 1.44% Reduce −24.9% 23,368,666 $70.25 $1.6B −7,734,395 +$1.6B
TMUS, T-Mobile US 1.11%, was 1.61% Reduce −27.0% 11,590,334 $140.00 $1.6B −4,282,822 +$1.6B
REGN, Regeneron 1.10%, was 1.19% Reduce −2.8% 2,223,059 $721.49 $1.6B −63,450 +$1.6B
INCY, Incyte 1.07% Reduce −2.2% 19,362,935 $80.32 $1.6B −430,465 +$1.6B
BUD, Anheuser-Busch InBev 1.04% Reduce −0.1% 25,339,671 $60.04 $1.5B −34,075 +$1.5B
BMRN, BioMarin Pharmaceutical 1.02% Reduce −2.6% 14,383,663 $103.49 $1.5B −390,300 +$1.5B
HPQ, HP 0.97%, was 1.03% Reduce −3.7% 52,451,225 $26.87 $1.4B −1,987,754 +$1.4B
META, Meta Platforms 0.96%, was 1.21% Reduce −0.8% 11,674,190 $120.34 $1.4B −91,331 +$1.4B
BAC, Bank of America 0.96%, was 1.02% Reduce −5.0% 42,371,589 $33.12 $1.4B −2,214,200 +$1.4B
TAP, Molson Coors Beverage 0.96%, was 1.01% Reduce −2.6% 27,087,904 $51.52 $1.4B −711,232 +$1.4B
LYB, LyondellBasell Industries 0.94%, was 0.82% Add +14.8% 16,568,492 $83.03 $1.4B +2,130,359 +$1.4B
SU, Suncor Energy 0.91% Reduce −0.7% 41,867,454 $31.73 $1.3B −304,400 +$1.3B
WMB, Williams Companies 0.89%, was 1.08% Reduce −20.9% 39,357,265 $32.90 $1.3B −10,373,231 +$1.3B
AMZN, Amazon 0.87%, was 0.80% Add +60.8% 15,060,500 $84.00 $1.3B +5,695,545 +$1.3B
BABA, Alibaba 0.84%, was 0.86% Reduce −1.4% 13,979,070 $88.09 $1.2B −195,200 +$1.2B
FOXA, Fox Class A 0.83%, was 0.99% Reduce −5.7% 40,067,365 $30.37 $1.2B −2,426,147 +$1.2B
BMY, Bristol Myers Squibb 0.82%, was 0.90% Reduce −1.4% 16,544,344 $71.95 $1.2B −231,218 +$1.2B
CVS, CVS Health 0.81%, was 0.97% Reduce −6.5% 12,600,887 $93.19 $1.2B −871,885 +$1.2B
CTSH, Cognizant 0.80%, was 1.05% Reduce −15.6% 20,343,757 $57.19 $1.2B −3,762,089 +$1.2B
Juniper Networks 0.78% Reduce −8.5% 35,532,252 $31.96 $1.1B −3,318,506 +$1.1B

Showing top 50 of 183 by value

Exits / last held

Gone since 2022 Q3, shown at their last reported size.

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
BALL, BALL Corp — Exit 0 — — −4,240 $—
Citrix Systems — Exit 0 — — −3,850 $—
EQIX, Equinix — Exit 0 — — −385 $—
KMX, CarMax — Exit 0 — — −3,350 $—
MMC, Marsh McLennan — Exit 0 — — −2,860 $—
QCOM, Qualcomm — Exit 0 — — −3,500 $—

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 2022 Q3. 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