In plain English: this page lists every stock Dodge & Cox's fund told the SEC it owned at the end of the quarter, biggest first, and what changed since the quarter before — "New" means they bought it for the first time, "Sold" means they sold all of it. The list is at least 6 weeks old, and it is only part of their investments (no cash, bonds or bets against stocks).
Educational and informational only, not personalized investment advice. Based on public filings that may be delayed or contain errors; verify with the original filings. Disclaimer
Reported value ⓘTotal of long stock positions in this 13F. Options are listed separately and not included.
$191.01B
Q2 2026
Quarter change
+5.0%
vs Q1 2026 ($181.98B)
Holdings
222
Top-10 weight 27.8%
Activity
8 new · 8 sold out
71 added to · 93 trimmed
Investing style at a glance · Q2 2026
- Widely diversified: 222 stocks, with 27.8% of the portfolio in the 10 largest.
- Biggest sector: Financials (22.9% of the portfolio).
- Turnover this quarter: low — 8 new positions and 8 sold out (71 added to, 93 trimmed).
- Largest position: JCI at 4.3% of the portfolio.
Worked out from this 13F only (long stock positions). ⓘConcentration: The share of a portfolio in its 10 largest positions. High = a few big bets; low = spread out. Guide ⓘTurnover: How many positions were opened or closed this quarter compared with the number held. Guide
Portfolio value over time
Reported 13F value per quarter
Sector allocation
Q2 2026
- Financials22.9%
- Industrials19.7%
- Health Care14.1%
- Communication Services10.4%
- Information Technology9.3%
- Consumer Staples5.7%
- Consumer Discretionary5.7%
- Materials4.2%
- Real Estate3.4%
- Energy3.1%
- Utilities1.5%
- ETFs & Funds0.0%
Top holdings over time
Share of the portfolio each quarter (current top 5)
Quarter-by-quarter activity
Positions bought (new or added) vs sold (trimmed or exited)
Insights
Adds vs. trims · Q2 2026
Largest estimated dollar adds (green) and trims (red) this quarter. Click a bar to open the stock.
Sector allocation over time
Share of the reported portfolio in each sector, by quarter
Performance context
Reported 13F value vs. the S&P 500 between the same quarter-end dates, and a hypothetical “copy the top 10” strategy vs. SPY. Prices through Oct 27, 2026.
Reported value change ⓘChange in total reported 13F value from Sep 30, 2024 to Jun 30, 2026. Includes deposits/withdrawals and is not the fund’s return.
+8.0%
Sep 30, 2024 – Jun 30, 2026
S&P 500, same dates
+30.1%
Price index (^GSPC)
Hypothetical top-10 ⓘBuy the reported top 10 (value-weighted) at the close of the first trading day after each filing, hold until the next filing. Covers 100% of top-10 value on average (positions with price data).
+22.7%
Nov 14, 2024 – Oct 27, 2026
SPY, same days
+32.7%
Total return (dividends included)
Read these numbers carefully: “Reported value change” is the change in the total value of the shares on this manager’s 13F — it is not the fund’s investment return. The total also moves when investors put money into the fund or take it out, and a 13F covers only long US-listed shares — no shorts, bonds, cash or foreign stocks — so the fund’s actual return can be higher or lower.
Reported value vs. S&P 500 (cumulative)
Hypothetical top-10 vs. SPY (cumulative)
Quarter-by-quarter numbers
| Quarter | Reported value | Value change | S&P 500 | Top-10 held | Top-10 | SPY | Coverage |
|---|---|---|---|---|---|---|---|
| Q2 2026 | $191.01B | +5.0% | +14.9% | Aug 14, 2026 – Oct 27, 2026 (open) | -6.4% | -0.6% | 100% |
| Q1 2026 | $181.98B | -1.8% | -4.6% | May 15, 2026 – Aug 14, 2026 | +15.1% | +5.3% | 100% |
| Q4 2025 | $185.26B | -0.0% | +2.3% | Feb 17, 2026 – May 15, 2026 | +1.8% | +8.5% | 100% |
| Q3 2025 | $185.33B | +4.1% | +7.8% | Nov 14, 2025 – Feb 17, 2026 | +7.3% | +1.9% | 100% |
| Q2 2025 | $177.97B | +1.4% | +10.6% | Aug 14, 2025 – Nov 14, 2025 | -2.7% | +4.5% | 100% |
| Q1 2025 | $175.45B | +2.1% | -4.6% | May 15, 2025 – Aug 14, 2025 | +0.4% | +9.6% | 100% |
| Q4 2024 | $171.84B | -2.8% | +2.1% | Feb 14, 2025 – May 15, 2025 | +0.3% | -2.9% | 100% |
Not investment advice. Hypothetical, not actual results. 13F filings arrive up to 45 days after quarter end, so anyone copying them buys late; the top-10 figures start the day after each filing was published. Reported value changes include deposits and withdrawals and are not the fund's return. Costs, taxes and positions without price data are ignored. Past performance does not predict future results. How this is calculated
Column filters
| Ticker | Company | Sector | Shares | Value ↓ | % of portfolio | Change | Δ shares | Δ shares % | Est. Δ value ⓘChange in shares × this quarter's price |
|---|---|---|---|---|---|---|---|---|---|
| JCI | Johnson Controls International plc | Industrials | 55.78M | $8.15B | 4.3% | Reduced | -1.7M | -3.0% | -$252.80M |
| SCHW | Schwab Charles Corp | Financials | 76.97M | $7.10B | 3.7% | Added | +2.0M | +2.6% | +$181.35M |
| RTX | RTX Corp | Industrials | 35.11M | $6.66B | 3.5% | Reduced | -360.1K | -1.0% | -$68.33M |
| CVS | CVS Health Corp | Consumer Staples | 50.01M | $5.17B | 2.7% | Reduced | -1.8M | -3.4% | -$182.83M |
| MSFT | Microsoft Corp | Information Technology | 12.84M | $4.79B | 2.5% | Added | +876.3K | +7.3% | +$326.88M |
| BKNG | Booking Holdings Inc | Consumer Discretionary | 25.54M | $4.55B | 2.4% | Added | +24.5M | +2460.1% | +$4.37B |
| HUM | Humana Inc | Financials | 10.94M | $4.35B | 2.3% | Reduced | -440.3K | -3.9% | -$174.89M |
| GOOG | Alphabet Inc (Class C) | Communication Services | 11.96M | $4.23B | 2.2% | Reduced | -267.4K | -2.2% | -$94.49M |
| MET | Metlife Inc | Financials | 48.43M | $4.10B | 2.1% | Reduced | -2.7M | -5.3% | -$227.06M |
| SUNB | Sunbelt Rentals Holdings, Inc | Industrials | 54.76M | $4.10B | 2.1% | Added | +1.7M | +3.1% | +$124.17M |
| AMZN | Amazon Com Inc | Consumer Discretionary | 16.71M | $3.98B | 2.1% | Added | +1.6M | +10.6% | +$381.01M |
| GOOGL | Alphabet Inc (Class A) | Communication Services | 10.66M | $3.81B | 2.0% | Added | +34.4K | +0.3% | +$12.31M |
| UNH | Unitedhealth Group Inc | Health Care | 9.07M | $3.77B | 2.0% | Reduced | -394.5K | -4.2% | -$163.97M |
| META | Meta Platforms, Inc (Class A) | Communication Services | 6.49M | $3.66B | 1.9% | Added | +1.5M | +29.4% | +$830.82M |
| OXY | Occidental Petroleum Corp | Energy | 72.76M | $3.53B | 1.9% | Reduced | -1.3M | -1.8% | -$64.14M |
| TEL | TE Connectivity plc | Industrials | 16.97M | $3.42B | 1.8% | Added | +2.3M | +15.5% | +$459.66M |
| CI | Cigna Group | Financials | 12.17M | $3.36B | 1.8% | Added | +618.1K | +5.3% | +$170.39M |
| REGN | Regeneron Pharmaceuticals, Inc | Health Care | 4.87M | $3.04B | 1.6% | Added | +412.9K | +9.3% | +$257.46M |
| GILD | Gilead Sciences, Inc | Health Care | 23.68M | $2.99B | 1.6% | Reduced | -573.3K | -2.4% | -$72.43M |
| IFF | International Flavors & Fragrances Inc | Materials | 37.01M | $2.93B | 1.5% | Added | +534.1K | +1.5% | +$42.31M |
| AON | Aon plc (Class A) | Financials | 8.59M | $2.85B | 1.5% | Added | +477.0K | +5.9% | +$158.23M |
| CMCSA | Comcast Corp (Class A) | Communication Services | 115.90M | $2.85B | 1.5% | Added | +2.8M | +2.5% | +$68.61M |
| APD | Air Products & Chemicals, Inc | Materials | 9.39M | $2.75B | 1.4% | Added | +161.9K | +1.8% | +$47.47M |
| FTV | Fortive Corp | Information Technology | 43.98M | $2.69B | 1.4% | Added | +823.6K | +1.9% | +$50.31M |
| BN | Brookfield Corp (Class A) | Real Estate | 61.21M | $2.61B | 1.4% | Added | +2.0M | +3.4% | +$86.19M |
| WFC | Wells Fargo & Company | Financials | 31.33M | $2.59B | 1.4% | Added | +159.7K | +0.5% | +$13.20M |
| GSK | GSK plc | Health Care | 48.20M | $2.53B | 1.3% | Reduced | -10.5M | -17.8% | -$548.60M |
| FISV | Fiserv Inc | Industrials | 50.19M | $2.46B | 1.3% | Reduced | -66.0K | -0.1% | -$3.24M |
| BUD | Anheuser-Busch InBev SA | Consumer Staples | 29.48M | $2.43B | 1.3% | Reduced | -206.4K | -0.7% | -$17.01M |
| GEHC | GE HealthCare Technologies Inc | Health Care | 37.86M | $2.42B | 1.3% | Added | +6.6M | +20.9% | +$419.40M |
| BNY | Bank of New York Mellon Corp | Financials | 16.61M | $2.40B | 1.3% | Reduced | -6.8M | -29.0% | -$982.40M |
| ROP | Roper Technologies Inc | Information Technology | 7.06M | $2.39B | 1.3% | Added | +3.7M | +111.2% | +$1.26B |
| FDX | Fedex Corp | Industrials | 7.23M | $2.26B | 1.2% | Reduced | -2.8M | -27.5% | -$861.16M |
| SBAC | Sba Communications Corp | Real Estate | 12.32M | $2.17B | 1.1% | Added | +243.0K | +2.0% | +$42.87M |
| AJG | Arthur J. Gallagher & Co | Financials | 9.36M | $2.15B | 1.1% | Added | +2.0M | +27.3% | +$461.14M |
| CHTR | Charter Communications, Inc (Class A) | Communication Services | 15.03M | $2.14B | 1.1% | Added | +405.0K | +2.8% | +$57.60M |
| WTW | Willis Towers Watson plc | Financials | 8.03M | $2.10B | 1.1% | Added | +693.0K | +9.5% | +$181.12M |
| ZBH | Zimmer Biomet Holdings, Inc | Health Care | 24.12M | $2.08B | 1.1% | Added | +582.0K | +2.5% | +$50.11M |
| CARR | Carrier Global Corp | Industrials | 27.48M | $2.02B | 1.1% | Added | +853.3K | +3.2% | +$62.59M |
| BKR | Baker Hughes Co (Class A) | Industrials | 34.85M | $1.93B | 1.0% | Reduced | -1.0M | -2.8% | -$56.45M |
| FIS | Fidelity National Information Services, Inc | Financials | 49.07M | $1.91B | 1.0% | Reduced | -4.1K | -0.0% | -$158.51K |
| V | Visa Inc (Class A) | Financials | 5.42M | $1.86B | 1.0% | Added | +5.4M | +630554.9% | +$1.86B |
| COF | Capital One Financial Corp | Financials | 9.12M | $1.83B | 1.0% | Added | +343.0K | +3.9% | +$68.81M |
| TRU | TransUnion | Industrials | 24.20M | $1.75B | 0.9% | Added | +8.0M | +49.5% | +$577.60M |
| UBS | UBS Group AG | Financials | 33.63M | $1.67B | 0.9% | Reduced | -14.3K | -0.0% | -$708.40K |
| ELAN | Elanco Animal Health Inc | Health Care | 67.40M | $1.66B | 0.9% | Reduced | -1.5M | -2.2% | -$38.07M |
| TMO | Thermo Fisher Scientific Inc | Information Technology | 3.05M | $1.53B | 0.8% | Added | +3.0M | +11767.4% | +$1.52B |
| HLN | Haleon plc | Consumer Staples | 149.93M | $1.40B | 0.7% | Added | +3.4M | +2.3% | +$31.67M |
| SU | Suncor Energy Inc | Energy | 25.37M | $1.36B | 0.7% | Reduced | -895.9K | -3.4% | -$48.09M |
| INCY | Incyte Corp | Health Care | 11.96M | $1.36B | 0.7% | Reduced | -295.0K | -2.4% | -$33.44M |
Column filters
| Ticker | Company | Sector | Shares sold | Value last quarter ↓ |
|---|---|---|---|---|
| LYB | LyondellBasell Industries N.V. (Class A) | Materials | -16.8M | $1.36B |
| LBTYK | Liberty Global Ltd (Class C) | Communication Services | -5.3M | $61.65M |
| — | Honeywell Intl. | Unclassified | -8.0K | $1.81M |
| EBAY | Ebay Inc | Consumer Discretionary | -11.8K | $1.07M |
| PSMT | Pricesmart Inc | Consumer Staples | -6.2K | $926.48K |
| LOMA | Loma Negra Compania Industrial Argentina Sociedad Anonima | Materials | -72.2K | $800.50K |
| ISRG | Intuitive Surgical Inc | Health Care | -500 | $230.50K |
| HAL | Halliburton Co | Energy | -5.5K | $214.44K |
13F filings on record (8)
| Quarter | Form | Filed | Type | Rows | Long value | |
|---|---|---|---|---|---|---|
| Q2 2026 | 13F-HR | Aug 13, 2026 | Original | 222 | $191.01B | SEC ↗ |
| Q1 2026 | 13F-HR | May 14, 2026 | Original | 222 | $181.98B | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | Original | 222 | $185.26B | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | Original | 219 | $185.33B | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | Original | 219 | $177.97B | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | Original | 214 | $175.45B | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | Original | 214 | $171.84B | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | Original | 205 | $176.83B | SEC ↗ |