What Dodge & Cox Bought in Q1 2025
Dodge & Cox · Quarterly 13F recap as filed with the SEC.
Period: 2025-03-31 · Filed · Historical
$175.46B
Total Value
214
Holdings
4
New Buys
116
Reduced
In Q1 2025, Dodge & Cox reported 214 long equity positions worth $175.46B in their Dodge & Cox 13F filing, including 4 new positions (largest: Millicom International Cellular SA at $263.4M) and 45 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | SCHW | The Charles Schwab Corp. | 88750655 | $6.95B | 3.96% | -0.7% |
| 2 | FISV | Fiserv, Inc. | 30590491 | $6.76B | 3.85% | -5.0% |
| 3 | JCI | Johnson Controls International PLC | 70818054 | $5.67B | 3.23% | -11.9% |
| 4 | RTX | RTX Corp. | 42353562 | $5.61B | 3.20% | -4.8% |
| 5 | CVS | CVS Health Corp. | 73459122 | $4.98B | 2.84% | +4.8% |
| 6 | MET | MetLife, Inc. | 53913177 | $4.33B | 2.47% | -0.4% |
| 7 | CHTR | Charter Communications | 11506120 | $4.24B | 2.42% | -0.4% |
| 8 | WFC | Wells Fargo & Co. | 57628115 | $4.14B | 2.36% | -18.2% |
| 9 | SNY | Sanofi SA | 73193057 | $4.06B | 2.31% | -2.7% |
| 10 | OXY | Occidental Petroleum Corp. | 80839070 | $3.99B | 2.27% | +15.5% |
| 11 | GILD | Gilead Sciences, Inc. | 32694791 | $3.66B | 2.09% | -0.8% |
| 12 | BKNG | Booking Holdings, Inc. | 776008 | $3.57B | 2.04% | -1.0% |
| 13 | BNY | The Bank of New York Mellon Corp. | 41976640 | $3.52B | 2.01% | -6.1% |
| 14 | CMCSA | Comcast Corporation | 94217741 | $3.48B | 1.98% | +19.1% |
| 15 | FDX | FedEx Corp. | 13833068 | $3.37B | 1.92% | -0.4% |
| 16 | MSFT | Microsoft Corp. | 8880353 | $3.33B | 1.90% | -2.0% |
| 17 | AMZN | Amazon.com, Inc. | 16532632 | $3.15B | 1.79% | -3.7% |
| 18 | GSK | GSK plc | 78651833 | $3.05B | 1.74% | +14.9% |
| 19 | CI | The Cigna Group | 8889733 | $2.92B | 1.67% | +1.3% |
| 20 | COF | Capital One Financial | 16276312 | $2.92B | 1.66% | -5.8% |
| 21 | HUM | Humana, Inc. | 10755215 | $2.85B | 1.62% | +5.5% |
| 22 | GE | GE Aerospace | 13986351 | $2.80B | 1.60% | -1.2% |
| 23 | GOOG | Alphabet, Inc. | 17048361 | $2.66B | 1.52% | -6.0% |
| 24 | IFF | International Flavors & Fragrances, Inc. | 33774607 | $2.62B | 1.49% | +7.4% |
| 25 | FIS | Fidelity National Information Services, Inc. | 34808298 | $2.60B | 1.48% | +1.4% |
| 26 | APD | Air Products & Chemicals, Inc. | 8759722 | $2.58B | 1.47% | +31.5% |
| 27 | BUDFF | Anheuser-Busch InBev SA/NV | 41116138 | $2.53B | 1.44% | +2.8% |
| 28 | NSC | Norfolk Southern Corp. | 10666554 | $2.53B | 1.44% | -0.2% |
| 29 | TEL | TE Connectivity PLC | 16022480 | $2.26B | 1.29% | +0.4% |
| 30 | UBS | UBS Group AG | 72608792 | $2.22B | 1.27% | -1.2% |
| 31 | ZBH | Zimmer Biomet Holdings, Inc. | 19564454 | $2.21B | 1.26% | +2.3% |
| 32 | UNH | UnitedHealth Group, Inc. | 4020368 | $2.11B | 1.20% | -1.8% |
| 33 | META | Meta Platforms, Inc. | 3524514 | $2.03B | 1.16% | -7.5% |
| 34 | BKR | Baker Hughes Co. | 44655095 | $1.96B | 1.12% | -2.2% |
| 35 | SBAC | SBA Communications Corp. | 8485264 | $1.87B | 1.06% | +15.5% |
| 36 | GS | The Goldman Sachs Group, Inc. | 3351539 | $1.83B | 1.04% | -13.4% |
| 37 | GOOGL | Alphabet, Inc. | 11595682 | $1.79B | 1.02% | -3.4% |
| 38 | BAX | Baxter International, Inc. | 51458925 | $1.76B | 1.00% | +2.1% |
| 39 | SUI | Sun Communities, Inc. | 13647820 | $1.76B | 1.00% | 42.1% |
| 40 | HLNCF | Haleon PLC | 169150936 | $1.74B | 0.99% | -5.4% |
| 41 | AVTR | Avantor, Inc. | 100262723 | $1.63B | 0.93% | 1.1% |
| 42 | FTV | Fortive Corp. | 21900363 | $1.60B | 0.91% | 181.5% |
| 43 | WMB | The Williams Co., Inc. | 26259123 | $1.57B | 0.89% | -27.8% |
| 44 | TMUS | T-Mobile U.S., Inc. | 5832553 | $1.56B | 0.89% | -37.8% |
| 45 | BABA | Alibaba Group Holding, Ltd. | 11319570 | $1.50B | 0.85% | -21.8% |
| 46 | REGN | Regeneron Pharmaceuticals, Inc. | 2324085 | $1.47B | 0.84% | +0.1% |
| 47 | CTSH | Cognizant Technology Solutions Corp. | 18270347 | $1.40B | 0.80% | -0.3% |
| 48 | CSCO | Cisco Systems, Inc. | 21722716 | $1.34B | 0.76% | -8.5% |
| 49 | GEHC | GE HealthCare Technologies, Inc. | 16585509 | $1.34B | 0.76% | -0.5% |
| 50 | NVS | Novartis AG | 11818102 | $1.32B | 0.75% | -3.2% |
| 51 | D | Dominion Energy, Inc. | 23308378 | $1.31B | 0.74% | +3.0% |
| 52 | LYB | LyondellBasell Industries NV | 16896032 | $1.19B | 0.68% | -0.4% |
| 53 | AEP | American Electric Power Co., Inc. | 10811550 | $1.18B | 0.67% | -6.6% |
| 54 | COP | ConocoPhillips | 11221699 | $1.18B | 0.67% | -1.8% |
| 55 | FOXA | Fox Corp. | 19637142 | $1.11B | 0.63% | -6.9% |
| 56 | SU | Suncor Energy, Inc. | 28355454 | $1.10B | 0.63% | -0.3% |
| 57 | BMRN | BioMarin Pharmaceutical, Inc. | 14955240 | $1.06B | 0.60% | +1.4% |
| 58 | BAP | Credicorp, Ltd. | 5309780 | $988.5M | 0.56% | -0.5% |
| 59 | HPQ | HP, Inc. | 33405553 | $925.0M | 0.53% | -1.0% |
| 60 | CARR | Carrier Global Corp. | 14288350 | $905.9M | 0.52% | -0.1% |
| 61 | ALNY | Alnylam Pharmaceuticals, Inc. | 3351762 | $905.0M | 0.52% | -5.3% |
| 62 | INCY | Incyte Corp. | 14864328 | $900.0M | 0.51% | -0.4% |
| 63 | CPNG | Coupang, Inc. | 40784920 | $894.4M | 0.51% | +101.6% |
| 64 | BAC | Bank of America Corp. | 21004922 | $876.5M | 0.50% | -32.4% |
| 65 | CE | Celanese Corp. | 15391416 | $873.8M | 0.50% | +13.0% |
| 66 | ELAN | Elanco Animal Health, Inc. | 82920582 | $870.7M | 0.50% | -0.3% |
| 67 | TAP | Molson Coors Beverage Co. | 14068310 | $856.3M | 0.49% | -3.5% |
| 68 | BMY | Bristol-Myers Squibb | 13030562 | $794.7M | 0.45% | -15.4% |
| 69 | AEFC | Aegon, Ltd. | 117541105 | $774.6M | 0.44% | -0.2% |
| 70 | JD | JD.com, Inc. | 18062949 | $742.7M | 0.42% | +8.0% |
| 71 | MDT | Medtronic PLC | 7708833 | $692.7M | 0.39% | +0.6% |
| 72 | GLPI | Gaming & Leisure Properties, Inc. | 13509609 | $687.6M | 0.39% | +0.1% |
| 73 | STT | State Street Corp. | 7331559 | $656.4M | 0.37% | -1.3% |
| 74 | VFC | VF Corp. | 40961475 | $635.7M | 0.36% | -3.5% |
| 75 | LIN | Linde PLC | 1329590 | $619.1M | 0.35% | — |
| 76 | NTR | Nutrien, Ltd. | 12462259 | $619.0M | 0.35% | -0.5% |
| 77 | NBIX | Neurocrine Biosciences, Inc. | 5534624 | $612.1M | 0.35% | +83.5% |
| 78 | GAP | The Gap, Inc. | 28734711 | $592.2M | 0.34% | -0.3% |
| 79 | XP | XP, Inc. | 42537845 | $584.9M | 0.33% | -1.4% |
| 80 | HNDAF | Honda Motor Co., Ltd. | 21020005 | $570.3M | 0.33% | -4.8% |
| 81 | FOX | Fox Corp. | 10099284 | $532.3M | 0.30% | -11.0% |
| 82 | BIDU | Baidu, Inc. | 5440815 | $500.7M | 0.29% | -8.0% |
| 83 | LPLA | LPL Financial Holdings, Inc. | 1523460 | $498.4M | 0.28% | 224.1% |
| 84 | TRPEF | TC Energy Corp. | 10486600 | $495.1M | 0.28% | -4.3% |
| 85 | YUMC | Yum China Holdings, Inc. | 8513162 | $443.2M | 0.25% | +0.0% |
| 86 | COHR | Coherent Corp. | 6437769 | $418.1M | 0.24% | +-37.1% |
| 87 | CXMSF | Cemex SAB de CV | 70320800 | $394.5M | 0.22% | +41.7% |
| 88 | NWSLL | News Corp. | 13846298 | $376.9M | 0.21% | +18.7% |
| 89 | ECHO | EchoStar Corp. | 13407953 | $343.0M | 0.20% | -0.1% |
| 90 | TCKRF | Teck Resources, Ltd. | 8483340 | $309.0M | 0.18% | -0.9% |
| 91 | NTES | NetEase, Inc. | 2803664 | $288.6M | 0.16% | +5.8% |
| 92 | MLCMF | Millicom International Cellular SA | 8701732 | $263.4M | 0.15% | NEW |
| 93 | HDB | HDFC Bank, Ltd. | 3232300 | $214.8M | 0.12% | -1.2% |
| 94 | FLUT | Flutter Entertainment PLC | 628878 | $139.3M | 0.08% | — |
| 95 | GRPFF | Grupo Televisa SAB | 64212690 | $112.4M | 0.06% | — |
| 96 | SNNRF | Sunrise Communications AG | 2289925 | $110.6M | 0.06% | — |
| 97 | FMCQF | Fresenius Medical Care AG | 4173510 | $103.9M | 0.06% | — |
| 98 | AXP | American Express Co. | 374172 | $100.7M | 0.06% | -6.3% |
| 99 | ITUB | Itau Unibanco Holding SA | 17493415 | $96.2M | 0.05% | +5.2% |
| 100 | LBTYK | Liberty Global, Ltd. | 6682068 | $80.0M | 0.05% | — |
| 101 | JPM | JPMorgan Chase & Co. | 277023 | $68.0M | 0.04% | -5.5% |
| 102 | UNP | Union Pacific Corp. | 275962 | $65.2M | 0.04% | -0.8% |
| 103 | CDNS | Cadence Design Systems, Inc. | 247415 | $62.9M | 0.04% | -1.4% |
| 104 | LBTYK | Liberty Global, Ltd. | 4767561 | $54.9M | 0.03% | — |
| 105 | GEV | GE Vernova, Inc. | 171720 | $52.4M | 0.03% | -4.2% |
| 106 | LLY | Eli Lilly & Co. | 45086 | $37.2M | 0.02% | +0.6% |
| 107 | CVX | Chevron Corp. | 182717 | $30.6M | 0.02% | -0.5% |
| 108 | DIS | The Walt Disney Co. | 296378 | $29.3M | 0.02% | -1.7% |
| 109 | MCHPP | Microchip Technology, Inc. | 598973 | $29.0M | 0.02% | -1.6% |
| 110 | TRV | The Travelers Co., Inc. | 106777 | $28.2M | 0.02% | -1.3% |
| 111 | SLB | Schlumberger NV | 607409 | $25.4M | 0.01% | -2.1% |
| 112 | TSM | Taiwan Semiconductor Manufacturing Co., Ltd. | 107500 | $17.8M | 0.01% | — |
| 113 | PG | The Procter & Gamble Co. | 94376 | $16.1M | 0.01% | -0.1% |
| 114 | WMT | Walmart, Inc. | 180285 | $15.8M | 0.01% | -1.7% |
| 115 | MRK | Merck & Co., Inc. | 157069 | $14.1M | 0.01% | -0.2% |
| 116 | CAT | Caterpillar, Inc. | 41951 | $13.8M | 0.01% | -0.1% |
| 117 | TMO | Thermo Fisher Scientific, Inc. | 26106 | $13.0M | 0.01% | -0.1% |
| 118 | TGT | Target Corp. | 113609 | $11.9M | 0.01% | -0.1% |
| 119 | AZNN | AstraZeneca PLC | 136140 | $10.0M | 0.01% | -5.3% |
| 120 | XOM | Exxon Mobil Corp. | 77863 | $9.3M | 0.01% | -0.8% |
| 121 | BSX | Boston Scientific Corp. | 91695 | $9.3M | 0.01% | -3.3% |
| 122 | HD | The Home Depot, Inc. | 23272 | $8.5M | 0.00% | -3.9% |
| 123 | IBM | International Business Machines Corp. | 33899 | $8.4M | 0.00% | -0.6% |
| 124 | ADBE | Adobe, Inc. | 19900 | $7.6M | 0.00% | -5.0% |
| 125 | HES | Hess Corp. | 45875 | $7.3M | 0.00% | -0.2% |
| 126 | BRK.B | Berkshire Hathaway Inc. Class B | 12740 | $6.8M | 0.00% | +0.3% |
| 127 | ADI | Analog Devices, Inc. | 31085 | $6.3M | 0.00% | -0.3% |
| 128 | AAPL | Apple, Inc. | 27144 | $6.0M | 0.00% | +13.7% |
| 129 | DE | Deere & Co. | 12736 | $6.0M | 0.00% | -0.2% |
| 130 | VMC | Vulcan Materials Co. | 24200 | $5.6M | 0.00% | -1.2% |
| 131 | NESR | National Energy Services Reunited Corp. | 708594 | $5.2M | 0.00% | -7.7% |
| 132 | MSI | Motorola Solutions, Inc. | 11228 | $4.9M | 0.00% | 30.1% |
| 133 | SNPS | Synopsys, Inc. | 11250 | $4.8M | 0.00% | -0.9% |
| 134 | QVCGB | QVC Group, Inc. | 22000 | $4.4M | 0.00% | — |
| 135 | AMGN | Amgen, Inc. | 13532 | $4.2M | 0.00% | -5.3% |
| 136 | SHEL | Shell PLC | 57463 | $4.2M | 0.00% | -0.3% |
| 137 | JNJ | Johnson & Johnson | 21097 | $3.5M | 0.00% | — |
| 138 | AVGO | Broadcom, Inc. | 20670 | $3.5M | 0.00% | -11.9% |
| 139 | DHR | Danaher Corp. | 16525 | $3.4M | 0.00% | — |
| 140 | IWD | iShares Russell 1000 Value ETF | 17100 | $3.2M | 0.00% | — |
| 141 | BRK.A | Berkshire Hathaway Inc. Class A | 4 | $3.2M | 0.00% | — |
| 142 | PFE | Pfizer, Inc. | 109710 | $2.8M | 0.00% | -1.7% |
| 143 | SPGI | S&P Global, Inc. | 5400 | $2.7M | 0.00% | — |
| 144 | PM | Philip Morris International, Inc. | 17000 | $2.7M | 0.00% | — |
| 145 | JNPR | Juniper Networks, Inc. | 69575 | $2.5M | 0.00% | +-62.9% |
| 146 | PNC | The PNC Financial Services Group, Inc. | 14200 | $2.5M | 0.00% | -0.5% |
| 147 | ABT | Abbott Laboratories | 17324 | $2.3M | 0.00% | -3.0% |
| 148 | OTIS | Otis Worldwide Corp. | 21710 | $2.2M | 0.00% | -0.5% |
| 149 | DELL | Dell Technologies, Inc. | 24352 | $2.2M | 0.00% | -3.6% |
| 150 | JOYY | JOYY, Inc. | 52466 | $2.2M | 0.00% | +50.0% |
| 151 | ABBV | AbbVie, Inc. | 10473 | $2.2M | 0.00% | -4.8% |
| 152 | MCD | McDonald's Corp. | 6573 | $2.1M | 0.00% | +0.4% |
| 153 | HPE-PC | Hewlett Packard Enterprise Co. | 123883 | $1.9M | 0.00% | -8.7% |
| 154 | HAL | Halliburton Co. | 73660 | $1.9M | 0.00% | -8.7% |
| 155 | VIPS | Vipshop Holdings, Ltd. | 118797 | $1.9M | 0.00% | +16.5% |
| 156 | GLW | Corning, Inc. | 40600 | $1.9M | 0.00% | +0.4% |
| 157 | KO | The Coca-Cola Co. | 24635 | $1.8M | 0.00% | — |
| 158 | HON | Honeywell International, Inc. | 8019 | $1.7M | 0.00% | — |
| 159 | NEE-PS | NextEra Energy, Inc. | 23600 | $1.7M | 0.00% | — |
| 160 | PH | Parker-Hannifin Corp. | 2500 | $1.5M | 0.00% | — |
| 161 | ACMR | ACM Research, Inc. | 63092 | $1.5M | 0.00% | +17.7% |
| 162 | UNLYF | Unilever PLC | 23900 | $1.4M | 0.00% | — |
| 163 | DEO | Diageo PLC | 13197 | $1.4M | 0.00% | -2.3% |
| 164 | MMM | 3M Co. | 9196 | $1.4M | 0.00% | -0.3% |
| 165 | CTVA | Corteva, Inc. | 21302 | $1.3M | 0.00% | -9.3% |
| 166 | CL | Colgate-Palmolive Co. | 14000 | $1.3M | 0.00% | — |
| 167 | DD | DuPont de Nemours, Inc. | 17050 | $1.3M | 0.00% | -1.9% |
| 168 | MO | Altria Group, Inc. | 21000 | $1.3M | 0.00% | — |
| 169 | TRPCF | Trip.com Group, Ltd. | 17200 | $1.1M | 0.00% | — |
| 170 | EBAY | eBay, Inc. | 14700 | $996K | 0.00% | — |
| 171 | LVS | Las Vegas Sands Corp. | 23686 | $915K | 0.00% | — |
| 172 | TFC-PR | Truist Financial Corp. | 21512 | $885K | 0.00% | -61.8% |
| 173 | AMP | Ameriprise Financial, Inc. | 1827 | $884K | 0.00% | — |
| 174 | APA | APA Corp. | 41600 | $874K | 0.00% | -3.0% |
| 175 | ARCO | Arcos Dorados Holdings, Inc. | 106000 | $854K | 0.00% | — |
| 176 | CIBEUR | Bancolombia SA | 20946 | $842K | 0.00% | +85.4% |
| 177 | IFS | Intercorp Financial Services, Inc. | 25169 | $834K | 0.00% | -2.7% |
| 178 | VOO | Vanguard S&P 500 ETF | 1611 | $828K | 0.00% | NEW |
| 179 | MDLZ | Mondelez International | 11840 | $803K | 0.00% | — |
| 180 | GPRK | Geopark, Ltd. | 98845 | $799K | 0.00% | — |
| 181 | LYV | Live Nation Entertainment, Inc. | 5800 | $757K | 0.00% | -17.1% |
| 182 | NUE | Nucor Corp. | 6200 | $746K | 0.00% | — |
| 183 | MCO | Moody's Corp. | 1566 | $729K | 0.00% | — |
| 184 | GIS | General Mills, Inc. | 11200 | $670K | 0.00% | — |
| 185 | CPA | Copa Holdings SA | 6950 | $643K | 0.00% | -5.4% |
| 186 | BLK | Blackrock, Inc. | 655 | $620K | 0.00% | -12.7% |
| 187 | ABEV | Ambev SA | 260400 | $607K | 0.00% | +26.3% |
| 188 | KSPI | Kaspi.KZ JSC | 6426 | $597K | 0.00% | — |
| 189 | AFYA | Afya, Ltd. | 31262 | $561K | 0.00% | — |
| 190 | GPC | Genuine Parts Co. | 4665 | $556K | 0.00% | — |
| 191 | DOW | Dow, Inc. | 15609 | $545K | 0.00% | -4.4% |
| 192 | ALL-PJ | The Allstate Corp. | 2595 | $537K | 0.00% | -0.9% |
| 193 | ELV | Elevance Health, Inc. | 1200 | $522K | 0.00% | +9.1% |
| 194 | AMG | Affiliated Managers Group, Inc. | 3000 | $504K | 0.00% | -53.8% |
| 195 | PYPL | PayPal Holdings, Inc. | 7575 | $494K | 0.00% | +-31.4% |
| 196 | ASR | Grupo Aeroportuario del Sureste SAB de CV | 1800 | $493K | 0.00% | — |
| 197 | PEP | PepsiCo, Inc. | 3075 | $461K | 0.00% | — |
| 198 | MGM | MGM Resorts International | 15500 | $459K | 0.00% | — |
| 199 | CTAS | Cintas Corp. | 2000 | $411K | 0.00% | — |
| 200 | PBR | Petroleo Brasileiro SA | 28400 | $407K | 0.00% | +64.2% |
| 201 | DLO | Dlocal, Ltd. | 44900 | $374K | 0.00% | — |
| 202 | LMT | Lockheed Martin Corp. | 775 | $346K | 0.00% | — |
| 203 | LOMA | Loma Negra Cia Industrial Argentina SA | 30900 | $340K | 0.00% | — |
| 204 | V | Visa, Inc. | 959 | $336K | 0.00% | +6.6% |
| 205 | PSX | Phillips 66 | 2600 | $321K | 0.00% | — |
| 206 | ZTS | Zoetis, Inc. | 1700 | $280K | 0.00% | — |
| 207 | VZ | Verizon Communications, Inc. | 5654 | $256K | 0.00% | +2.8% |
| 208 | ISRG | Intuitive Surgical | 500 | $248K | 0.00% | — |
| 209 | PPG | PPG Industries, Inc. | 2200 | $241K | 0.00% | — |
| 210 | RIO | Rio Tinto PLC | 4000 | $240K | 0.00% | — |
| 211 | BDX | Becton, Dickinson & Co. | 980 | $224K | 0.00% | — |
| 212 | PAX | Patria Investments, Ltd. | 19800 | $224K | 0.00% | NEW |
| 213 | CB | Chubb, Ltd. | 722 | $218K | 0.00% | NEW |
| 214 | CIG | Cia Energetica de Minas Gerais | 15000 | $26K | 0.00% | — |