Free Trial

Dodge & Cox Top Holdings and 13F Report (2025)

About Dodge & Cox

Investment Activity

  • Dodge & Cox has $175.45 billion in total holdings as of March 31, 2025.
  • Dodge & Cox owns shares of 214 different stocks, but just 48 companies or ETFs make up 80% of its holdings.
  • Approximately 3.69% of the portfolio was purchased this quarter.
  • About 4.75% of the portfolio was sold this quarter.
  • This quarter, Dodge & Cox has purchased 214 new stocks and bought additional shares in 47 stocks.
  • Dodge & Cox sold shares of 114 stocks and completely divested from 4 stocks this quarter.

Largest Holdings

Charles Schwab
$6,947,401,307
Fiserv
$6,755,298,128
RTX
$5,610,152,823
CVS Health
$4,976,855,516

Largest New Holdings this Quarter

L6388F110 - Millicom International Cellular
$263,401,428 Holding
922908363 - Vanguard S&P 500 ETF
$828,002 Holding
G69451105 - Patria Investments
$223,542 Holding
H1467J104 - Chubb
$218,037 Holding

Largest Purchases this Quarter

Fortive
14,120,456 shares (about $1.03B)
Air Products and Chemicals
2,096,568 shares (about $618.32M)
Comcast
15,115,074 shares (about $557.75M)
Occidental Petroleum
10,836,568 shares (about $534.89M)
Sun Communities
4,041,802 shares (about $519.94M)

Largest Sales this Quarter

T-Mobile US
3,550,128 shares (about $946.85M)
Wells Fargo & Company
12,824,735 shares (about $920.69M)
Johnson Controls International
9,551,817 shares (about $765.20M)
Williams Companies
10,089,391 shares (about $602.94M)
Bank of America
10,055,162 shares (about $419.60M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofDodge & Cox

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
The Charles Schwab Co. stock logo
SCHW
Charles Schwab
$6,947,401,307$48,445,379 -0.7%88,750,6554.0%Finance
Fiserv, Inc. stock logo
FI
Fiserv
$6,755,298,128$353,748,460 -5.0%30,590,4913.9%Business Services
Johnson Controls International plc stock logo
JCI
Johnson Controls International
$5,673,234,306$765,196,060 -11.9%70,818,0543.2%Construction
RTX Co. stock logo
RTX
RTX
$5,610,152,823$283,178,419 -4.8%42,353,5623.2%Aerospace
CVS Health Co. stock logo
CVS
CVS Health
$4,976,855,516$227,180,858 4.8%73,459,1222.8%Medical
MetLife, Inc. stock logo
MET
MetLife
$4,328,688,981$19,380,159 -0.4%53,913,1772.5%Finance
Charter Communications, Inc. stock logo
CHTR
Charter Communications
$4,240,350,404$15,130,368 -0.4%11,506,1202.4%Consumer Discretionary
Wells Fargo & Company stock logo
WFC
Wells Fargo & Company
$4,137,122,392$920,687,729 -18.2%57,628,1152.4%Finance
Sanofi stock logo
SNY
Sanofi
$4,059,286,941$112,446,869 -2.7%73,193,0572.3%Medical
Occidental Petroleum Co. stock logo
OXY
Occidental Petroleum
$3,990,216,495$534,892,996 15.5%80,839,0702.3%Energy
Gilead Sciences, Inc. stock logo
GILD
Gilead Sciences
$3,663,451,332$28,340,358 -0.8%32,694,7912.1%Medical
Booking Holdings Inc. stock logo
BKNG
Booking
$3,574,999,015$34,846,667 -1.0%776,0082.0%Retail/Wholesale
The Bank of New York Mellon Co. stock logo
BK
Bank of New York Mellon
$3,520,580,797$228,340,939 -6.1%41,976,6402.0%Finance
Comcast Co. stock logo
CMCSA
Comcast
$3,476,634,643$557,746,231 19.1%94,217,7412.0%Consumer Discretionary
FedEx Co. stock logo
FDX
FedEx
$3,372,225,317$13,787,222 -0.4%13,833,0681.9%Transportation
Microsoft Co. stock logo
MSFT
Microsoft
$3,333,595,713$67,847,238 -2.0%8,880,3531.9%Computer and Technology
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$3,145,498,564$121,828,234 -3.7%16,532,6321.8%Retail/Wholesale
GSK plc stock logo
GSK
GSK
$3,046,972,010$395,571,079 14.9%78,651,8331.7%Medical
The Cigna Group stock logo
CI
The Cigna Group
$2,924,722,170$38,534,125 1.3%8,889,7331.7%Medical
Capital One Financial Co. stock logo
COF
Capital One Financial
$2,918,342,742$180,857,221 -5.8%16,276,3121.7%Finance
Humana Inc. stock logo
HUM
Humana
$2,845,829,889$147,428,505 5.5%10,755,2151.6%Medical
GE Aerospace stock logo
GE
GE Aerospace
$2,799,368,153$35,016,843 -1.2%13,986,3511.6%Industrials
Alphabet Inc. stock logo
GOOG
Alphabet
$2,663,465,439$169,258,957 -6.0%17,048,3611.5%Computer and Technology
International Flavors & Fragrances Inc. stock logo
IFF
International Flavors & Fragrances
$2,621,247,249$181,362,463 7.4%33,774,6071.5%Basic Materials
Fidelity National Information Services, Inc. stock logo
FIS
Fidelity National Information Services
$2,599,483,695$35,903,978 1.4%34,808,2981.5%Business Services
Air Products and Chemicals, Inc. stock logo
APD
Air Products and Chemicals
$2,583,417,212$618,319,835 31.5%8,759,7221.5%Basic Materials
Anheuser-Busch InBev SA/NV stock logo
BUD
Anheuser-Busch InBev SA/NV
$2,531,109,455$68,904,600 2.8%41,116,1381.4%Consumer Staples
Norfolk Southern Co. stock logo
NSC
Norfolk Southern
$2,526,373,315$5,365,837 -0.2%10,666,5541.4%Transportation
TE Connectivity PLC
$2,264,296,874$8,037,010 0.4%16,022,4801.3%ORD SHS
UBS Group AG stock logo
UBS
UBS Group
$2,224,631,412$27,214,733 -1.2%72,608,7921.3%Finance
Zimmer Biomet Holdings, Inc. stock logo
ZBH
Zimmer Biomet
$2,214,304,904$50,480,317 2.3%19,564,4541.3%Medical
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$2,105,667,740$38,160,425 -1.8%4,020,3681.2%Medical
Meta Platforms, Inc. stock logo
META
Meta Platforms
$2,031,388,889$165,025,124 -7.5%3,524,5141.2%Computer and Technology
Baker Hughes stock logo
BKR
Baker Hughes
$1,962,591,425$44,083,388 -2.2%44,655,0951.1%Energy
SBA Communications Co. stock logo
SBAC
SBA Communications
$1,866,842,933$250,593,370 15.5%8,485,2641.1%Finance
The Goldman Sachs Group, Inc. stock logo
GS
The Goldman Sachs Group
$1,830,912,240$283,522,871 -13.4%3,351,5391.0%Finance
Alphabet Inc. stock logo
GOOGL
Alphabet
$1,793,156,264$63,321,987 -3.4%11,595,6821.0%Computer and Technology
Baxter International Inc. stock logo
BAX
Baxter International
$1,761,439,003$37,024,229 2.1%51,458,9251.0%Medical
Sun Communities, Inc. stock logo
SUI
Sun Communities
$1,755,655,565$519,937,409 42.1%13,647,8201.0%Finance
Haleon plc stock logo
HLN
Haleon
$1,740,563,131$98,722,157 -5.4%169,150,9361.0%Medical
Avantor, Inc. stock logo
AVTR
Avantor
$1,625,258,740$18,105,808 1.1%100,262,7230.9%Medical
Fortive Co. stock logo
FTV
Fortive
$1,602,668,564$1,033,334,970 181.5%21,900,3630.9%Computer and Technology
The Williams Companies, Inc. stock logo
WMB
Williams Companies
$1,569,245,190$602,942,006 -27.8%26,259,1230.9%Energy
T-Mobile US, Inc. stock logo
TMUS
T-Mobile US
$1,555,600,211$946,854,639 -37.8%5,832,5530.9%Computer and Technology
Alibaba Group Holding Limited stock logo
BABA
Alibaba Group
$1,496,786,741$416,550,946 -21.8%11,319,5700.9%Retail/Wholesale
Regeneron Pharmaceuticals, Inc. stock logo
REGN
Regeneron Pharmaceuticals
$1,474,004,430$1,756,183 0.1%2,324,0850.8%Medical
Cognizant Technology Solutions Co. stock logo
CTSH
Cognizant Technology Solutions
$1,397,681,546$4,593,825 -0.3%18,270,3470.8%Computer and Technology
Cisco Systems, Inc. stock logo
CSCO
Cisco Systems
$1,340,508,804$124,404,521 -8.5%21,722,7160.8%Computer and Technology
GE HealthCare Technologies Inc. stock logo
GEHC
GE HealthCare Technologies
$1,338,616,431$7,263,819 -0.5%16,585,5090.8%Medical
Novartis AG stock logo
NVS
Novartis
$1,317,482,011$44,208,843 -3.2%11,818,1020.8%Medical
Dominion Energy, Inc. stock logo
D
Dominion Energy
$1,306,900,754$38,421,687 3.0%23,308,3780.7%Utilities
LyondellBasell Industries stock logo
LYB
LyondellBasell Industries
$1,189,480,653$4,913,920 -0.4%16,896,0320.7%Basic Materials
American Electric Power Company, Inc. stock logo
AEP
American Electric Power
$1,181,378,069$83,446,221 -6.6%10,811,5500.7%Utilities
ConocoPhillips stock logo
COP
ConocoPhillips
$1,178,502,829$21,202,173 -1.8%11,221,6990.7%Energy
Fox Co. stock logo
FOXA
FOX
$1,111,462,237$82,685,468 -6.9%19,637,1420.6%Consumer Discretionary
Suncor Energy Inc. stock logo
SU
Suncor Energy
$1,097,923,179$3,740,352 -0.3%28,355,4540.6%Energy
BioMarin Pharmaceutical Inc. stock logo
BMRN
BioMarin Pharmaceutical
$1,057,185,916$14,774,563 1.4%14,955,2400.6%Medical
Credicorp Ltd. stock logo
BAP
Credicorp
$988,468,645$5,100,784 -0.5%5,309,7800.6%Finance
HP Inc. stock logo
HPQ
HP
$924,999,763$9,424,347 -1.0%33,405,5530.5%Computer and Technology
Carrier Global Co. stock logo
CARR
Carrier Global
$905,881,390$1,108,866 -0.1%14,288,3500.5%Computer and Technology
Alnylam Pharmaceuticals, Inc. stock logo
ALNY
Alnylam Pharmaceuticals
$905,042,775$50,898,770 -5.3%3,351,7620.5%Medical
Incyte Co. stock logo
INCY
Incyte
$900,035,060$3,348,718 -0.4%14,864,3280.5%Medical
Coupang, Inc. stock logo
CPNG
Coupang
$894,413,296$450,784,308 101.6%40,784,9200.5%Retail/Wholesale
Bank of America Co. stock logo
BAC
Bank of America
$876,535,378$419,601,902 -32.4%21,004,9220.5%Finance
Celanese Co. stock logo
CE
Celanese
$873,770,686$100,673,307 13.0%15,391,4160.5%Basic Materials
Elanco Animal Health Incorporated stock logo
ELAN
Elanco Animal Health
$870,666,111$2,730,882 -0.3%82,920,5820.5%Medical
Molson Coors Beverage stock logo
TAP
Molson Coors Beverage
$856,338,030$30,610,245 -3.5%14,068,3100.5%Consumer Staples
Bristol-Myers Squibb stock logo
BMY
Bristol-Myers Squibb
$794,734,003$144,662,552 -15.4%13,030,5620.5%Medical
Aegon, Ltd.
$774,595,882$1,469,471 -0.2%117,541,1050.4%AMER REG 1 CERT
JD.com, Inc. stock logo
JD
JD.com
$742,748,463$55,080,569 8.0%18,062,9490.4%Retail/Wholesale
Medtronic plc stock logo
MDT
Medtronic
$692,715,733$4,287,041 0.6%7,708,8330.4%Medical
Gaming and Leisure Properties, Inc. stock logo
GLPI
Gaming and Leisure Properties
$687,639,098$558,627 0.1%13,509,6090.4%Finance
State Street Co. stock logo
STT
State Street
$656,394,477$8,387,618 -1.3%7,331,5590.4%Finance
VF Corporation stock logo
VFC
VF
$635,722,092$23,065,436 -3.5%40,961,4750.4%Consumer Discretionary
Linde PLC
$619,110,2880.0%1,329,5900.4%SHS
Nutrien Ltd. stock logo
NTR
Nutrien
$619,000,405$3,029,870 -0.5%12,462,2590.4%Basic Materials
Neurocrine Biosciences, Inc. stock logo
NBIX
Neurocrine Biosciences
$612,129,414$278,512,809 83.5%5,534,6240.3%Medical
The Gap, Inc. stock logo
GPS
GAP
$592,222,394$1,855,106 -0.3%28,734,7110.3%Consumer Cyclical
XP Inc. stock logo
XP
XP
$584,895,369$8,461,750 -1.4%42,537,8450.3%Finance
Honda Motor Co., Ltd. stock logo
HMC
Honda Motor
$570,272,736$28,619,301 -4.8%21,020,0050.3%Auto/Tires/Trucks
Fox Co. stock logo
FOX
FOX
$532,333,260$65,461,392 -11.0%10,099,2840.3%Consumer Discretionary
Baidu, Inc. stock logo
BIDU
Baidu
$500,718,204$43,751,062 -8.0%5,440,8150.3%Computer and Technology
LPL Financial Holdings Inc. stock logo
LPLA
LPL Financial
$498,384,704$344,593,246 224.1%1,523,4600.3%Finance
TC Energy Co. stock logo
TRP
TC Energy
$495,072,386$22,028,186 -4.3%10,486,6000.3%Energy
Yum China Holdings, Inc. stock logo
YUMC
Yum China
$443,195,214$52,060 0.0%8,513,1620.3%Retail/Wholesale
Coherent Corp. stock logo
COHR
Coherent
$418,068,719$246,858,370 -37.1%6,437,7690.2%Business Services
CEMEX, S.A.B. de C.V. stock logo
CX
CEMEX
$394,499,688$116,120,218 41.7%70,320,8000.2%Construction
News Co. stock logo
NWSA
News
$376,896,232$59,437,946 18.7%13,846,2980.2%Consumer Discretionary
EchoStar Co. stock logo
SATS
EchoStar
$342,975,438$205,919 -0.1%13,407,9530.2%Computer and Technology
Teck Resources Limited stock logo
TECK
Teck Resources
$309,048,076$2,754,108 -0.9%8,483,3400.2%Basic Materials
NetEase, Inc. stock logo
NTES
NetEase
$288,553,099$15,827,861 5.8%2,803,6640.2%Computer and Technology
Millicom International Cellular S.A. stock logo
TIGO
Millicom International Cellular
$263,401,428$263,401,428 New Holding8,701,7320.2%Computer and Technology
HDFC Bank Limited stock logo
HDB
HDFC Bank
$214,754,012$2,611,092 -1.2%3,232,3000.1%Finance
Flutter Entertainment PLC
$139,327,9210.0%628,8780.1%SHS
Grupo Televisa, S.A.B. stock logo
TV
Grupo Televisa, S.A.B.
$112,372,2080.0%64,212,6900.1%Utilities
Sunrise Communications AG
$110,580,4780.0%2,289,9250.1%ADS CL A
Fresenius Medical Care AG stock logo
FMS
Fresenius Medical Care
$103,920,3990.0%4,173,5100.1%Medical
American Express stock logo
AXP
American Express
$100,670,977$6,771,450 -6.3%374,1720.1%Finance
Itaú Unibanco Holding S.A. stock logo
ITUB
Itaú Unibanco
$96,213,783$4,798,255 5.2%17,493,4150.1%Finance
Liberty Global, Ltd.
$79,984,3540.0%6,682,0680.0%COM CL C

Showing largest 100 holdings. View all holdings.
SEC Filings and Trading Data