← All Managers

Dodge & Cox

Dodge & Cox

San Francisco value shop since 1930

$191.01B

Portfolio Value

222

Holdings

Q2 '26

Period

2026-08-13

Filed

📉

Simulated 13F Return

⚠️ Approximation

Total Return

+8.86%

Q1 '25 → Q4 '25

Annualized

+11.94%/yr

S&P: +26.24%/yr

Alpha (vs S&P)

-10.32%

3 quarters tracked

1-Year Return

—

⚠️ Approximation only. 13F filings are delayed ~45 days. Options, shorts, and intra-quarter trades not captured.

📈 Recent Activity

Changes from previous quarter

JCIREDUCED
4.3% of portfolio
-3% shares+0.1pp
SCHWINCREASED
3.7% of portfolio
+3% shares-0.2pp
RTXREDUCED
3.5% of portfolio
-1% shares-0.3pp
CVSREDUCED
2.7% of portfolio
-3% shares+0.7pp
MSFTINCREASED
2.5% of portfolio
+7% shares+0.1pp
BKNGREDUCED
2.4% of portfolio
+25x shares+0.1pp
HUMREDUCED
2.3% of portfolio
-4% shares+1.2pp
GOOGREDUCED
2.2% of portfolio
-2% shares+0.3pp
METREDUCED
2.1% of portfolio
-5% shares+0.2pp
SUNBINCREASED
2.1% of portfolio
+3% shares+0.2pp
AMZNINCREASED
2.1% of portfolio
+11% shares+0.4pp
GOOGLINCREASED
2.0% of portfolio
+0% shares+0.3pp
UNHREDUCED
2.0% of portfolio
-4% shares+0.6pp
METAINCREASED
1.9% of portfolio
+29% shares+0.3pp
OXYREDUCED
1.9% of portfolio
-2% shares-0.8pp
TELINCREASED
1.8% of portfolio
+16% shares+0.1pp
CIINCREASED
1.8% of portfolio
+5% shares+0.1pp
REGNINCREASED
1.6% of portfolio
+9% shares-0.3pp
GILDREDUCED
1.6% of portfolio
-2% shares-0.3pp
IFFINCREASED
1.5% of portfolio
+1% shares+0.1pp
AONINCREASED
1.5% of portfolio
+6% shares+0.1pp
CMCSAINCREASED
1.5% of portfolio
+2% shares-0.3pp
APDINCREASED
1.4% of portfolio
+2% shares-0.0pp
FTVINCREASED
1.4% of portfolio
+2% shares+0.1pp
BNINCREASED
1.4% of portfolio
+3% shares+0.0pp
WFCINCREASED
1.4% of portfolio
+1% shares
GSKREDUCED
1.3% of portfolio
-18% shares-0.5pp
FISVREDUCED
1.3% of portfolio
-0% shares-0.3pp
BUDFFREDUCED
1.3% of portfolio
-1% shares+0.1pp
GEHCINCREASED
1.3% of portfolio
+21% shares+0.0pp
BNYREDUCED
1.3% of portfolio
-29% shares-0.3pp
ROPINCREASED
1.3% of portfolio
+111% shares+0.6pp
FDXREDUCED
1.2% of portfolio
-28% shares-0.8pp
SBACINCREASED
1.1% of portfolio
+2% shares
AJGINCREASED
1.1% of portfolio
+27% shares+0.3pp
CHTRINCREASED
1.1% of portfolio
+3% shares-0.6pp
WTWINCREASED
1.1% of portfolio
+9% shares-0.1pp
ZBHINCREASED
1.1% of portfolio
+2% shares-0.1pp
CARRINCREASED
1.1% of portfolio
+3% shares+0.2pp
BKRREDUCED
1.0% of portfolio
-3% shares-0.2pp
FISREDUCED
1.0% of portfolio
-0% shares-0.3pp
VREDUCED
1.0% of portfolio
+6306x shares+1.0pp
COFINCREASED
1.0% of portfolio
+4% shares+0.1pp
TRUINCREASED
0.9% of portfolio
+49% shares+0.3pp
UBSREDUCED
0.9% of portfolio
-0% shares+0.2pp
ELANREDUCED
0.9% of portfolio
-2% shares-0.0pp
TMOINCREASED
0.8% of portfolio
+118x shares+0.8pp
HLNCFINCREASED
0.7% of portfolio
+2% shares-0.1pp
SUREDUCED
0.7% of portfolio
-3% shares-0.2pp
INCYREDUCED
0.7% of portfolio
-2% shares+0.1pp
LPLAINCREASED
0.7% of portfolio
+10% shares-0.0pp
CPNGINCREASED
0.7% of portfolio
+0% shares-0.1pp
DREDUCED
0.7% of portfolio
-6% shares
BAXINCREASED
0.7% of portfolio
+2% shares+0.1pp
SNYREDUCED
0.6% of portfolio
-5% shares-0.2pp
AVTRINCREASED
0.6% of portfolio
+0% shares+0.1pp
AEPREDUCED
0.6% of portfolio
-1% shares
SUIINCREASED
0.6% of portfolio
-33% shares-0.4pp
FDXFNEW
0.6% of portfolio
New position
ADMREDUCED
0.6% of portfolio
-10% shares-0.1pp
TDYINCREASED
0.6% of portfolio
+1% shares+0.0pp
TMUSINCREASED
0.6% of portfolio
+3% shares-0.2pp
RALINCREASED
0.5% of portfolio
+2% shares+0.2pp
BAPREDUCED
0.5% of portfolio
-23% shares-0.1pp
NVOINCREASED
0.5% of portfolio
+6% shares+0.1pp
COPREDUCED
0.5% of portfolio
-4% shares-0.2pp
CXMSFREDUCED
0.5% of portfolio
-6% shares-0.0pp
BABAINCREASED
0.5% of portfolio
+0% shares-0.2pp
NBIXINCREASED
0.5% of portfolio
+2% shares+0.1pp
HPQINCREASED
0.5% of portfolio
+2% shares+0.1pp
BMRNINCREASED
0.4% of portfolio
+2% shares
FCNCAINCREASED
0.4% of portfolio
+3% shares+0.0pp
NSCREDUCED
0.4% of portfolio
-60% shares-0.6pp
MLCMFINCREASED
0.4% of portfolio
+1% shares+0.1pp
TAPINCREASED
0.4% of portfolio
+3% shares-0.0pp
KKRNEW
0.4% of portfolio
New position
CEREDUCED
0.4% of portfolio
-0% shares-0.2pp
TSMINCREASED
0.4% of portfolio
+12x shares+0.3pp
ADBEINCREASED
0.3% of portfolio
+25% shares
MDTINCREASED
0.3% of portfolio
+2% shares-0.0pp
GLPIINCREASED
0.3% of portfolio
+2% shares
ALNYINCREASED
0.3% of portfolio
+1% shares-0.0pp
FOXAINCREASED
0.3% of portfolio
+3% shares-0.0pp
CTSHINCREASED
0.3% of portfolio
+2% shares-0.2pp
XPREDUCED
0.3% of portfolio
-0% shares-0.1pp
MCHPPREDUCED
0.3% of portfolio
-10% shares+0.0pp
AEFCREDUCED
0.2% of portfolio
-12% shares
VFCREDUCED
0.2% of portfolio
-32% shares-0.1pp
PDDINCREASED
0.2% of portfolio
+0% shares-0.1pp
BNTXINCREASED
0.2% of portfolio
+0% shares
YUMCINCREASED
0.2% of portfolio
+0% shares-0.0pp
FOXINCREASED
0.2% of portfolio
+1% shares-0.0pp
TRPEFREDUCED
0.2% of portfolio
-43% shares-0.1pp
NWSLLINCREASED
0.2% of portfolio
+2% shares
NTESINCREASED
0.1% of portfolio
+0% shares+0.0pp
GEREDUCED
0.1% of portfolio
-19% shares
COHRREDUCED
0.1% of portfolio
-3% shares+0.0pp
HDBINCREASED
0.1% of portfolio
+17% shares+0.0pp
VSNTREDUCED
0.1% of portfolio
-1% shares
ITUBREDUCED
0.1% of portfolio
-5% shares-0.0pp
GEVREDUCED
0.1% of portfolio
-5% shares+0.0pp
GSREDUCED
0.1% of portfolio
-90% shares-0.6pp
NVSINCREASED
0.1% of portfolio
-89% shares-0.5pp
BACREDUCED
0.1% of portfolio
-4% shares
AXPREDUCED
<0.1% of portfolio
-2% shares
CDNSREDUCED
<0.1% of portfolio
-1% shares
UNPREDUCED
<0.1% of portfolio
-0% shares
WMBREDUCED
<0.1% of portfolio
-2% shares
LLYREDUCED
<0.1% of portfolio
-2% shares
DHRINCREASED
<0.1% of portfolio
+15x shares+0.0pp
NESRREDUCED
<0.1% of portfolio
-0% shares
CATREDUCED
<0.1% of portfolio
-1% shares
JPMREDUCED
<0.1% of portfolio
-1% shares
CVXREDUCED
<0.1% of portfolio
-1% shares
TRVREDUCED
<0.1% of portfolio
-3% shares
LBTYKINCREASED
<0.1% of portfolio
+14% shares
DISREDUCED
<0.1% of portfolio
-2% shares
KSPIINCREASED
<0.1% of portfolio
+20% shares
WMTREDUCED
<0.1% of portfolio
-1% shares
MRKREDUCED
<0.1% of portfolio
-0% shares
ACMRREDUCED
<0.1% of portfolio
-3% shares
PGREDUCED
<0.1% of portfolio
-0% shares
IBMREDUCED
<0.1% of portfolio
-1% shares
TGTREDUCED
<0.1% of portfolio
-1% shares
AZNREDUCED
<0.1% of portfolio
-3% shares
CSCOINCREASED
<0.1% of portfolio
-16% shares
AAPLREDUCED
<0.1% of portfolio
-1% shares
GLWREDUCED
<0.1% of portfolio
-5% shares
HDREDUCED
<0.1% of portfolio
-0% shares
ADIREDUCED
<0.1% of portfolio
-4% shares
DELLREDUCED
<0.1% of portfolio
-9% shares
STTREDUCED
<0.1% of portfolio
-99% shares-0.2pp
AMGNREDUCED
<0.1% of portfolio
-4% shares
SLBINCREASED
<0.1% of portfolio
-10% shares
MSIREDUCED
<0.1% of portfolio
-3% shares
SNPSREDUCED
<0.1% of portfolio
-1% shares
SHELREDUCED
<0.1% of portfolio
-1% shares
BSXREDUCED
<0.1% of portfolio
-2% shares
KAROINCREASED
<0.1% of portfolio
+65% shares
PNCREDUCED
<0.1% of portfolio
-0% shares
BIDUREDUCED
<0.1% of portfolio
-5% shares
HPE-PCREDUCED
<0.1% of portfolio
-17% shares
JOYYREDUCED
<0.1% of portfolio
-2% shares
BMYREDUCED
<0.1% of portfolio
-99% shares-0.2pp
SENEW
<0.1% of portfolio
New position
SPGIREDUCED
<0.1% of portfolio
-4% shares
PFEREDUCED
<0.1% of portfolio
-1% shares
NEE-PSREDUCED
<0.1% of portfolio
-3% shares
CTVAREDUCED
<0.1% of portfolio
-1% shares
ZHIHFINCREASED
<0.1% of portfolio
+4% shares
ATATINCREASED
<0.1% of portfolio
+62% shares
PAXREDUCED
<0.1% of portfolio
+120% shares
MMMREDUCED
<0.1% of portfolio
-2% shares
CPAINCREASED
<0.1% of portfolio
+21% shares
QREDUCED
<0.1% of portfolio
-5% shares
LAURINCREASED
<0.1% of portfolio
+25% shares
HONNEW
<0.1% of portfolio
New position
HONANEW
<0.1% of portfolio
New position
ASRINCREASED
<0.1% of portfolio
+110% shares
DLOINCREASED
<0.1% of portfolio
+38% shares
JBSINCREASED
<0.1% of portfolio
+50% shares
ABEVREDUCED
<0.1% of portfolio
-17% shares
DDNEW
<0.1% of portfolio
New position
APAREDUCED
<0.1% of portfolio
-9% shares
GPCREDUCED
<0.1% of portfolio
-4% shares
PBRREDUCED
<0.1% of portfolio
-4% shares
FUTUNEW
<0.1% of portfolio
New position
OTISREDUCED
<0.1% of portfolio
-13% shares
MGMREDUCED
<0.1% of portfolio
-8% shares
DOWREDUCED
<0.1% of portfolio
-6% shares
VOONEW
<0.1% of portfolio
New position
AMGNEW
<0.1% of portfolio
New position
LYBSOLD
was 0.7%
Sold out position
Filing price: $80.56
LBTYKSOLD
was <0.1%
Sold out position
Filing price: $11.73
HONSOLD
was <0.1%
Sold out position
Filing price: $226.03
EBAYSOLD
was <0.1%
Sold out position
Filing price: $91.02
PSMTSOLD
was <0.1%
Sold out position
Filing price: $150.50
LOMASOLD
was <0.1%
Sold out position
Filing price: $11.09
DDSOLD
was <0.1%
Sold out position
Filing price: $45.80
ISRGSOLD
was <0.1%
Sold out position
Filing price: $460.99
HALSOLD
was <0.1%
Sold out position
Filing price: $38.99

Sold Out (9)

SOLDHALHalliburton Co.was 0.00%@$38.99
SOLDDDDuPont de Nemours, Inc.was 0.00%@$45.80
SOLDEBAYeBay, Inc.was 0.00%@$91.02
SOLDHONHoneywell International, Inc.was 0.00%@$226.03
SOLDLBTYKLiberty Global, Ltd.was 0.03%@$11.73
SOLDLOMALoma Negra Cia Industrial Argentina SAwas 0.00%@$11.09
SOLDLYBLyondellBasell Industries NVwas 0.75%@$80.56
SOLDPSMTPriceSmart, Inc.was 0.00%@$150.50
SOLDISRGIntuitive Surgicalwas 0.00%@$460.99

📊 Sector Breakdown

Portfolio allocation by sector

Unknown 47.1%Healthcare 14.2%Technology 13.0%Financials 8.7%Materials 3.7%+6 more (13.3%)

💼 Holdings

🔍

222 of 222 positions · $191.01B

This quarter: 9 new positions, increased 72, reduced 91, sold 9. Net seller.

JCIREDUCED
4.3%
4.3% of portfolio (was 4.1%, trimmed)
Filed ~$146
—📄
SCHWINCREASED
3.7%
3.7% of portfolio (was 3.9%, added)
Filed ~$92
—📄
RTXREDUCED
3.5%
3.5% of portfolio (was 3.8%, trimmed)
Filed ~$190
—📄
CVSREDUCED
2.7%
2.7% of portfolio (was 2.0%, trimmed)
Filed ~$103
—📄
MSFTINCREASED
2.5%
2.5% of portfolio (was 2.4%, added)
Filed ~$373
—📄
BKNGREDUCED
2.4%
2.4% of portfolio (was 2.3%, trimmed)
Filed ~$178
—📄
HUMREDUCED
2.3%
2.3% of portfolio (was 1.1%, trimmed)
Filed ~$397
—📄
GOOGREDUCED
2.2%
2.2% of portfolio (was 1.9%, trimmed)
Filed ~$353
—📄
METREDUCED
2.1%
2.1% of portfolio (was 2.0%, trimmed)
Filed ~$85
—📄
SUNBINCREASED
2.1%
2.1% of portfolio (was 1.9%, added)
Filed ~$75
—📄
AMZNINCREASED
2.1%
2.1% of portfolio (was 1.7%, added)
Filed ~$238
—📄
GOOGLINCREASED
2.0%
2.0% of portfolio (was 1.7%, added)
Filed ~$357
—📄
UNHREDUCED
2.0%
2.0% of portfolio (was 1.4%, trimmed)
Filed ~$416
—📄
METAINCREASED
1.9%
1.9% of portfolio (was 1.6%, added)
Filed ~$563
—📄
OXYREDUCED
1.9%
1.9% of portfolio (was 2.6%, trimmed)
Filed ~$49
—📄
TELINCREASED
1.8%
1.8% of portfolio (was 1.7%, added)
Filed ~$202
—📄
CIINCREASED
1.8%
1.8% of portfolio (was 1.7%, added)
Filed ~$276
—📄
REGNINCREASED
1.6%
1.6% of portfolio (was 1.9%, added)
Filed ~$624
—📄
GILDREDUCED
1.6%
1.6% of portfolio (was 1.9%, trimmed)
Filed ~$126
—📄
IFFINCREASED
1.5%
1.5% of portfolio (was 1.5%, added)
Filed ~$79
—📄
AONINCREASED
1.5%
1.5% of portfolio (was 1.4%, added)
Filed ~$332
—📄
CMCSAINCREASED
1.5%
1.5% of portfolio (was 1.8%, added)
Filed ~$25
—📄
APDINCREASED
1.4%
1.4% of portfolio (was 1.5%, added)
Filed ~$293
—📄
FTVINCREASED
1.4%
1.4% of portfolio (was 1.3%, added)
Filed ~$61
—📄
BNINCREASED
1.4%
1.4% of portfolio (was 1.3%, added)
Filed ~$43
—📄
1–25 of 222
…

🚫 Sold Out (9 positions)

SOLDHALHalliburton Co.was 0.00%@$38.995500 shares · $214K
SOLDDDDuPont de Nemours, Inc.was 0.00%@$45.8014677 shares · $672K
SOLDEBAYeBay, Inc.was 0.00%@$91.0211750 shares · $1.1M
SOLDHONHoneywell International, Inc.was 0.00%@$226.038019 shares · $1.8M
SOLDLBTYKLiberty Global, Ltd.was 0.03%@$11.735255568 shares · $61.6M
SOLDLOMALoma Negra Cia Industrial Argentina SAwas 0.00%@$11.0972182 shares · $800K
SOLDLYBLyondellBasell Industries NVwas 0.75%@$80.5616839152 shares · $1.36B
SOLDPSMTPriceSmart, Inc.was 0.00%@$150.506156 shares · $926K
SOLDISRGIntuitive Surgicalwas 0.00%@$460.99500 shares · $230K