Dodge & Cox — Recent Sells

Dodge & Cox · Sold and reduced positions in the Q2 '26 13F filing.

Filed August 13, 2026 · Last updated

Dodge & Cox fully exited 9 positions and reduced 91 existing holdings in the Q2 '26 filing — a combined sell footprint of approximately $11.36B. Largest exit: LyondellBasell Industries NV (was $1.36B).

Fully exited (9)

TickerCompanyPrev SharesPrev ValuePrev % Portfolio
LYBLyondellBasell Industries NV16839152$1.36B0.75%
LBTYKLiberty Global, Ltd.5255568$61.6M0.03%
HONHoneywell International, Inc.8019$1.8M0.00%
EBAYeBay, Inc.11750$1.1M0.00%
PSMTPriceSmart, Inc.6156$926K0.00%
LOMALoma Negra Cia Industrial Argentina SA72182$800K0.00%
DDDuPont de Nemours, Inc.14677$672K0.00%
ISRGIntuitive Surgical500$230K0.00%
HALHalliburton Co.5500$214K0.00%

Reduced positions (91)

TickerCompanyShares NowValue Now% PortfolioChange
JCIJohnson Controls International PLC55776006$8.15B4.27%-3.0%
RTXRTX Corp.35113249$6.66B3.49%-1.0%
CVSCVS Health Corp.50012765$5.17B2.71%-3.4%
BKNGBooking Holdings, Inc.25536950$4.55B2.38%2460.1%
HUMHumana, Inc.10940380$4.35B2.28%-3.9%
GOOGAlphabet, Inc.11961097$4.23B2.21%-2.2%
METMetLife, Inc.48431150$4.10B2.15%-5.3%
UNHUnitedHealth Group, Inc.9072258$3.77B1.97%-4.2%
OXYOccidental Petroleum Corp.72764944$3.53B1.85%-1.8%
GILDGilead Sciences, Inc.23677567$2.99B1.57%-2.4%
GSKGSK plc48197514$2.53B1.32%-17.8%
FISVFiserv, Inc.50194946$2.46B1.29%-0.1%
BUDFFAnheuser-Busch InBev SA/NV29477348$2.43B1.27%-0.7%
BNYThe Bank of New York Mellon Corp.16608370$2.40B1.26%-29.0%
FDXFedEx Corp.7233269$2.26B1.19%-27.5%
BKRBaker Hughes Co.34854482$1.93B1.01%-2.8%
FISFidelity National Information Services, Inc.49069080$1.91B1.00%-0.0%
VVisa, Inc.5417326$1.86B0.97%630554.9%
UBSUBS Group AG33630342$1.67B0.87%-0.0%
ELANElanco Animal Health, Inc.67397025$1.66B0.87%-2.2%
SUSuncor Energy, Inc.25366554$1.36B0.71%-3.4%
INCYIncyte Corp.11957326$1.36B0.71%-2.4%
DDominion Energy, Inc.18303470$1.25B0.65%-6.0%
SNYSanofi SA28088274$1.20B0.63%-4.8%
AEPAmerican Electric Power Co., Inc.8674355$1.19B0.62%-0.7%
ADMArcher-Daniels-Midland Co.14182325$1.08B0.57%-10.0%
BAPCredicorp, Ltd.2614315$1.02B0.53%-23.3%
COPConocoPhillips9266284$963.3M0.50%-3.9%
CXMSFCemex SAB de CV80187637$962.3M0.50%-5.9%
NSCNorfolk Southern Corp.2508128$789.0M0.41%-59.9%
CECelanese Corp.15282234$703.0M0.37%-0.4%
XPXP, Inc.32564312$529.5M0.28%-0.5%
MCHPPMicrochip Technology, Inc.5533359$504.6M0.26%-9.7%
AEFCAegon, Ltd.44635184$376.7M0.20%-11.7%
VFCVF Corp.22406175$373.7M0.20%-32.2%
TRPEFTC Energy Corp.5034800$333.8M0.17%-43.4%
GEGE Aerospace598052$223.5M0.12%-19.0%
COHRCoherent Corp.544160$214.7M0.11%-2.6%
VSNTVersant Media Group, Inc.4472367$161.0M0.08%-0.9%
ITUBItau Unibanco Holding SA18185181$148.6M0.08%-5.1%
GEVGE Vernova, Inc.122871$144.4M0.08%-4.9%
GSThe Goldman Sachs Group, Inc.134131$135.7M0.07%-90.3%
BACBank of America Corp.1741970$99.3M0.05%-4.3%
AXPAmerican Express Co.271279$91.8M0.05%-2.2%
CDNSCadence Design Systems, Inc.228012$85.6M0.04%-1.3%
UNPUnion Pacific Corp.260902$71.0M0.04%-0.0%
WMBThe Williams Co., Inc.944450$70.2M0.04%-2.3%
LLYEli Lilly & Co.41258$49.5M0.03%-1.8%
NESRNational Energy Services Reunited Corp.1595994$47.8M0.03%-0.3%
CATCaterpillar, Inc.39404$42.0M0.02%-1.5%
JPMJPMorgan Chase & Co.117130$38.3M0.02%-1.1%
CVXChevron Corp.202503$33.6M0.02%-1.3%
TRVThe Travelers Co., Inc.90119$29.8M0.02%-2.9%
DISThe Walt Disney Co.261007$25.1M0.01%-2.2%
WMTWalmart, Inc.172435$19.5M0.01%-1.1%
MRKMerck & Co., Inc.135750$17.4M0.01%-0.2%
ACMRACM Research, Inc.116392$14.8M0.01%-2.9%
PGThe Procter & Gamble Co.90706$13.3M0.01%-0.1%
IBMInternational Business Machines Corp.45995$12.9M0.01%-1.3%
TGTTarget Corp.95639$12.5M0.01%-1.1%
AZNAstraZeneca PLC55949$10.6M0.01%-2.7%
AAPLApple, Inc.31382$9.1M0.00%-0.7%
GLWCorning, Inc.34665$8.9M0.00%-4.6%
HDThe Home Depot, Inc.22382$7.9M0.00%-0.3%
ADIAnalog Devices, Inc.19210$7.6M0.00%-4.1%
DELLDell Technologies, Inc.17250$7.4M0.00%-8.7%
STTState Street Corp.33325$5.7M0.00%-99.0%
AMGNAmgen, Inc.12817$4.6M0.00%-4.1%
MSIMotorola Solutions, Inc.10866$4.5M0.00%-3.5%
SNPSSynopsys, Inc.10100$4.5M0.00%-1.0%
SHELShell PLC54269$4.2M0.00%-1.3%
BSXBoston Scientific Corp.87485$3.7M0.00%-1.6%
PNCThe PNC Financial Services Group, Inc.13960$3.4M0.00%-0.3%
BIDUBaidu, Inc.26006$3.0M0.00%-5.5%
HPE-PCHewlett Packard Enterprise Co.63450$2.9M0.00%-17.3%
JOYYJOYY, Inc.41006$2.7M0.00%-2.4%
BMYBristol-Myers Squibb42361$2.4M0.00%-99.1%
SPGIS&P Global, Inc.5200$2.1M0.00%-3.7%
PFEPfizer, Inc.87814$2.1M0.00%-0.8%
NEE-PSNextEra Energy, Inc.23000$2.0M0.00%-2.5%
CTVACorteva, Inc.20203$1.7M0.00%-0.7%
PAXPatria Investments, Ltd.115700$1.3M0.00%120.0%
MMM3M Co.7558$1.2M0.00%-1.5%
QQnity Electronics, Inc.6369$1.0M0.00%-5.3%
ABEVAmbev SA252700$793K0.00%-17.5%
APAAPA Corp.19500$635K0.00%-9.3%
GPCGenuine Parts Co.4450$525K0.00%-4.3%
PBRPetroleo Brasileiro SA - Petrobras30000$485K0.00%-3.8%
OTISOtis Worldwide Corp.5210$373K0.00%-13.3%
MGMMGM Resorts International6000$287K0.00%-7.7%
DOWDow, Inc.9114$249K0.00%-6.2%
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