Dodge & Cox
- SEC CIK
- 0000200217
- Latest filing
- Aug 13, 2026
Holdings in Q4 2025
Holdings as of Dec 31, 2025, filed Feb 13, 2026. Long positions only; changes compare share counts with Q3 2025.
- Positions
- 222
- +3 vs. Q3 2025
- Portfolio value
- $185.3B
- −$78.9M (0.0%) vs. Q3 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| KSPIJoint Stock Co Kaspi.kz | SPONSORED ADS | 183,726 | $14.4M | <0.1% | +165,900+930.7% | Added | History |
| MRKMerck & Co., Inc. | Stock | 138,205 | $14.5M | <0.1% | −16,070−10.4% | Reduced | History |
| TMOThermo Fisher Scientific Inc. | Stock | 25,741 | $14.9M | <0.1% | 00.0% | Unchanged | History |
| WMTWalmart Inc. | Stock | 179,535 | $20.0M | <0.1% | −1,300−0.7% | Reduced | History |
| CATCaterpillar Inc | Stock | 40,724 | $23.3M | <0.1% | −70−0.2% | Reduced | History |
| TRVTravelers Companies, Inc. | Stock | 94,782 | $27.5M | <0.1% | −6,183−6.1% | Reduced | History |
| NESRNational Energy Services Reunited Corp. | SHS | 1,929,094 | $30.2M | <0.1% | −326,800−14.5% | Reduced | History |
| DISWalt Disney Co | Stock | 270,339 | $30.8M | <0.1% | −17,788−6.2% | Reduced | History |
| CVXChevron Corp | Stock | 212,714 | $32.4M | <0.1% | −10,557−4.7% | Reduced | History |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ADR | 107,800 | $32.8M | <0.1% | 00.0% | Unchanged | History |
| JPMJPMorgan Chase & Co | Stock | 124,405 | $40.1M | <0.1% | −70,250−36.1% | Reduced | History |
| LLYEli Lilly & Co | Stock | 42,492 | $45.7M | <0.1% | −892−2.1% | Reduced | History |
| LBTYALiberty Global Ltd. | COM CL A | 4,481,061 | $49.9M | <0.1% | −286,500−6.0% | Reduced | History |
| WMBWilliams Companies, Inc. | COM | 1,000,892 | $60.2M | <0.1% | −114,630−10.3% | Reduced | History |
| UNPUnion Pacific Corp | Stock | 263,116 | $60.9M | <0.1% | −9,765−3.6% | Reduced | History |
| FCNCAFirst Citizens Bancshares Inc | CL A | 31,566 | $67.7M | <0.1% | +31,566 | New | History |
| LBTYKLiberty Global Ltd. | COM CL C | 6,682,068 | $73.8M | <0.1% | 00.0% | Unchanged | History |
| CDNSCadence Design Systems Inc | Stock | 237,363 | $74.2M | <0.1% | −3,162−1.3% | Reduced | History |
| GEVGE Vernova Inc. | Stock | 138,214 | $90.3M | <0.1% | −15,526−10.1% | Reduced | History |
| FMSFresenius Medical Care AG | SPONSORED ADR | 3,826,910 | $91.2M | <0.1% | 00.0% | Unchanged | History |
| AXPAmerican Express Co | Stock | 292,549 | $108.2M | 0.1% | −52,943−15.3% | Reduced | History |
| BACBank of America Corp | Stock | 2,009,022 | $110.5M | 0.1% | −13,337,999−86.9% | Reduced | History |
| COHRCoherent Corp. | COM | 669,855 | $123.6M | 0.1% | −75,024−10.1% | Reduced | History |
| FLUTFlutter Entertainment plc | SHS | 628,878 | $135.2M | 0.1% | 00.0% | Unchanged | History |
| ITUBItau Unibanco Holding S.A. | SPON ADR REP PFD | 19,120,110 | $136.9M | 0.1% | +497,895+2.7% | Added | History |
| HDBHDFC Bank Ltd | SPONSORED ADS | 5,501,800 | $201.0M | 0.1% | −713,000−11.5% | Reduced | History |
| IEXIdex Corp | COM | 1,262,550 | $224.7M | 0.1% | +918,208+266.7% | Added | History |
| AJGArthur J. Gallagher & Co. | COM | 880,585 | $227.9M | 0.1% | +880,585 | New | History |
| AMRZAmrize Ltd | SHS | 5,385,441 | $293.4M | 0.2% | −401,100−6.9% | Reduced | History |
| NTESNetEase, Inc. | SPONSORED ADS | 2,154,376 | $296.5M | 0.2% | −138,200−6.0% | Reduced | History |
| NWSANews Corp | CL A | 12,449,295 | $325.2M | 0.2% | −27,150−0.2% | Reduced | History |
| BNTXBioNTech SE | SPONSORED ADS | 3,614,491 | $344.1M | 0.2% | −32,600−0.9% | Reduced | History |
| JDJD.com, Inc. | SPON ADS CL A | 12,194,648 | $350.0M | 0.2% | −6,597,601−35.1% | Reduced | History |
| BMYBristol Myers Squibb Co | Stock | 7,078,250 | $381.8M | 0.2% | −345,570−4.7% | Reduced | History |
| MCHPMicrochip Technology Inc | Stock | 6,187,474 | $394.3M | 0.2% | −24,390−0.4% | Reduced | History |
| YUMCYum China Holdings, Inc. | COM | 8,553,962 | $408.4M | 0.2% | +33,100+0.4% | Added | History |
| TIGOMillicom International Cellular SA | COM STK | 8,133,132 | $450.9M | 0.2% | −315,500−3.7% | Reduced | History |
| FOXFox Corp | CL B COM | 7,257,827 | $471.3M | 0.3% | −27,364−0.4% | Reduced | History |
| PDDPDD Holdings Inc. | SPONSORED ADS | 4,439,800 | $503.4M | 0.3% | +4,439,800 | New | History |
| TRPTC Energy Corp | COM | 9,294,300 | $511.3M | 0.3% | −351,500−3.6% | Reduced | History |
| AEGAegon Ltd. | AMER REG 1 CERT | 70,522,831 | $543.7M | 0.3% | −15,260,674−17.8% | Reduced | History |
| XPXP Inc. | CL A | 33,960,545 | $555.9M | 0.3% | −517,600−1.5% | Reduced | History |
| LINLinde PLC | Stock | 1,329,590 | $566.9M | 0.3% | 00.0% | Unchanged | History |
| GLPIGaming & Leisure Properties, Inc. | COM | 13,589,962 | $607.3M | 0.3% | +7,105+0.1% | Added | History |
| STTState Street Corp | COM | 4,744,154 | $612.0M | 0.3% | −2,051,020−30.2% | Reduced | History |
| RALRalliant Corp | Stock | 12,214,679 | $621.8M | 0.3% | +1,434,376+13.3% | Added | History |
| CECelanese Corp | Stock | 15,304,050 | $647.1M | 0.3% | −57,554−0.4% | Reduced | History |
| CARRCarrier Global Corp | Stock | 13,421,292 | $709.2M | 0.4% | −6,4050.0% | Reduced | History |
| LYBLyondellBasell Industries N.V. | SHS - A - | 16,879,077 | $730.9M | 0.4% | −89,985−0.5% | Reduced | History |
| VFCV F Corp | Stock | 40,679,850 | $735.5M | 0.4% | −297,550−0.7% | Reduced | History |
| MDTMedtronic plc | Stock | 7,738,043 | $743.3M | 0.4% | +12,972+0.2% | Added | History |
| ADBEAdobe Inc. | Stock | 2,164,475 | $757.5M | 0.4% | +570,969+35.8% | Added | History |
| HPQHP Inc | Stock | 34,503,131 | $768.7M | 0.4% | −180,200−0.5% | Reduced | History |
| ALNYAlnylam Pharmaceuticals, Inc. | COM | 1,964,415 | $781.1M | 0.4% | −356,815−15.4% | Reduced | History |
| NBIXNeurocrine Biosciences Inc | Stock | 5,508,042 | $781.2M | 0.4% | −48,576−0.9% | Reduced | History |
| TRUTransUnion | COM | 9,842,006 | $844.0M | 0.5% | +9,842,006 | New | History |
| FOXAFox Corp | CL A COM | 11,613,443 | $848.6M | 0.5% | −1,538,526−11.7% | Reduced | History |
| TDYTeledyne Technologies Inc | COM | 1,685,340 | $860.8M | 0.5% | +4,378+0.3% | Added | History |
| BMRNBiomarin Pharmaceutical Inc | COM | 14,572,384 | $866.0M | 0.5% | −114,417−0.8% | Reduced | History |
| TAPMolson Coors Beverage Co | CL B | 18,610,924 | $868.8M | 0.5% | −20,300−0.1% | Reduced | History |
| COPConocoPhillips | Stock | 10,290,169 | $963.3M | 0.5% | −36,831−0.4% | Reduced | History |
| CXCemex SAB de CV | SPON ADR NEW | 84,794,670 | $974.3M | 0.5% | −11,939,700−12.3% | Reduced | History |
| ADMArcher-Daniels-Midland Co | Stock | 17,084,645 | $982.2M | 0.5% | +2,016,101+13.4% | Added | History |
| AEPAmerican Electric Power Co Inc | Stock | 9,342,540 | $1.08B | 0.6% | −180,976−1.9% | Reduced | History |
| BAXBaxter International Inc | Stock | 56,999,970 | $1.09B | 0.6% | −396,400−0.7% | Reduced | History |
| BAPCredicorp Ltd | COM | 3,870,940 | $1.11B | 0.6% | −1,028,775−21.0% | Reduced | History |
| CPNGCoupang, Inc. | CL A | 49,233,320 | $1.16B | 0.6% | +2,285,600+4.9% | Added | History |
| SUSuncor Energy Inc | Stock | 27,257,754 | $1.21B | 0.7% | −214,200−0.8% | Reduced | History |
| NVSNovartis AG | ADR | 9,014,641 | $1.24B | 0.7% | −1,570,504−14.8% | Reduced | History |
| CTSHCognizant Technology Solutions Corp | CL A | 14,983,337 | $1.24B | 0.7% | −1,218,305−7.5% | Reduced | History |
| TMUST-Mobile US, Inc. | Stock | 6,185,972 | $1.26B | 0.7% | +2,442,450+65.2% | Added | History |
| DDominion Energy, Inc | Stock | 22,149,918 | $1.30B | 0.7% | −630,115−2.8% | Reduced | History |
| INCYIncyte Corp | COM | 13,261,742 | $1.31B | 0.7% | −670,674−4.8% | Reduced | History |
| AVTRAvantor, Inc. | COM | 117,065,143 | $1.34B | 0.7% | −681,745−0.6% | Reduced | History |
| LPLALPL Financial Holdings Inc. | COM | 3,948,970 | $1.41B | 0.8% | +619,715+18.6% | Added | History |
| BABAAlibaba Group Holding Ltd | ADR | 10,016,870 | $1.47B | 0.8% | −958,500−8.7% | Reduced | History |
| GSGoldman Sachs Group Inc | Stock | 1,709,674 | $1.50B | 0.8% | −498,951−22.6% | Reduced | History |
| HLNHaleon plc | ADR | 151,755,452 | $1.53B | 0.8% | −2,629,170−1.7% | Reduced | History |
| UBSUBS Group AG | Stock | 33,665,342 | $1.56B | 0.8% | −8,976,100−21.1% | Reduced | History |
| GEGeneral Electric Co | Stock | 5,191,577 | $1.60B | 0.9% | −1,080,045−17.2% | Reduced | History |
| ELANElanco Animal Health Inc | COM | 79,084,305 | $1.79B | 1.0% | −3,675,532−4.4% | Reduced | History |
| SUISun Communities Inc | COM | 14,491,865 | $1.80B | 1.0% | +11,050+0.1% | Added | History |
| BKRBaker Hughes Co | CL A | 40,759,438 | $1.86B | 1.0% | −3,294,050−7.5% | Reduced | History |
| BNBROOKFIELD Corp | CL A LTD VT SH | 41,280,320 | $1.89B | 1.0% | +41,280,320 | New | History |
| ZBHZimmer Biomet Holdings, Inc. | Stock | 23,506,849 | $2.11B | 1.1% | +290,676+1.3% | Added | History |
| BUDAnheuser-Busch InBev SA/NV | ADR | 33,113,431 | $2.12B | 1.1% | −3,432,790−9.4% | Reduced | History |
| COFCapital One Financial Corp | Stock | 9,163,067 | $2.22B | 1.2% | −2,944,850−24.3% | Reduced | History |
| WTWWillis Towers Watson PLC | SHS | 6,925,525 | $2.28B | 1.2% | +3,293,334+90.7% | Added | History |
| APDAir Products & Chemicals, Inc. | Stock | 9,236,610 | $2.28B | 1.2% | +231,718+2.6% | Added | History |
| SBACSba Communications Corp | CL A | 11,996,134 | $2.32B | 1.3% | +2,328,837+24.1% | Added | History |
| FTVFortive Corp | Stock | 44,157,822 | $2.44B | 1.3% | +1,562,028+3.7% | Added | History |
| IFFInternational Flavors & Fragrances Inc | COM | 36,401,042 | $2.45B | 1.3% | −571,596−1.5% | Reduced | History |
| GEHCGE HealthCare Technologies Inc. | Stock | 31,211,229 | $2.56B | 1.4% | +3,693,918+13.4% | Added | History |
| SNYSanofi | SPONSORED ADR | 56,492,599 | $2.74B | 1.5% | −12,439,148−18.0% | Reduced | History |
| AONAon plc | CL A | 7,852,456 | $2.77B | 1.5% | +4,387,773+126.6% | Added | History |
| NSCNorfolk Southern Corp | Stock | 9,623,885 | $2.78B | 1.5% | −1,250,364−11.5% | Reduced | History |
| HUMHumana Inc | Stock | 11,290,435 | $2.89B | 1.6% | −47,751−0.4% | Reduced | History |
| BNYBank of New York Mellon Corp | Stock | 25,811,239 | $3.00B | 1.6% | −9,031,705−25.9% | Reduced | History |
| WFCWells Fargo & Company | Stock | 32,311,711 | $3.01B | 1.6% | −6,576,214−16.9% | Reduced | History |
| UNHUnitedHealth Group Inc | Stock | 9,172,769 | $3.03B | 1.6% | −332,867−3.5% | Reduced | History |
Sold out since Q3 2025 (7)
Positions held at the end of Q3 2025 that are gone from this filing.
| Security | Class | Shares in Q3 2025 | Value in Q3 2025 | % of portfolio in Q3 2025 | History |
|---|---|---|---|---|---|
| TECKTeck Resources Ltd | CL B | 7,871,440 | $345.5M | 0.2% | History |
| TVGrupo Televisa, S.A.B. | SPON ADR REP ORD | 64,208,690 | $172.7M | 0.1% | History |
| GAPGap Inc | COM | 5,429,526 | $116.1M | 0.1% | History |
| ULUnilever PLC | SPON ADR NEW | 23,900 | $1.42M | <0.1% | History |
| AMGAffiliated Managers Group, Inc. | Stock | 2,400 | $572.2K | <0.1% | History |
| HALHalliburton Co | Stock | 14,700 | $361.6K | <0.1% | History |
| ZTSZoetis Inc. | Stock | 1,500 | $219.5K | <0.1% | History |