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Dodge & Cox Buys Boston Scientific Corp., HSBC Holdings PLC, Home Depot Inc., Sells Syngenta AG, Lockheed Martin Corp., Genentech Inc.

Manage more than $100 billion and still achieve outstanding returns? Even Warren Buffett is having a hard time doing it. Dodge & Cox does this with a value investing team. They have achieved great returns. These are the details of the buys and sells during the second quarter. Dodge & Cox owns 221 stocks with a total value of $138.5 billion.

Dodge & Cox buys Novartis Ag, HSBC Holdings PLC, Home Depot Inc., Macy's, Inc, Boston Scientific Corp., Citrix Systems, Inc., Shinhan Financial Group Co. Lt, Liberty Global, Inc. - Series C, Liberty Global Inc., Qimonda Ag Ads, Perusahaan Perseroan Perseropt, BG Group PLC, Canon Inc., Kraft Foods Inc., Petroleo Brasileiro, Allergan Inc., sells Syngenta AG, Lockheed Martin Corp., Genentech Inc., Apple Computer Inc., Cadence Design Systems, Inc. , Devon Energy Corp., Exelon Corp., Federated Department Stores In, Kyocera Corp., Norsk Hydro Asa, Smith International Inc., Sovereign Bancorp Inc., Lazard Ltd. during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, Dodge & Cox. Dodge & Cox owns 221 stocks with a total value of $138.5 billion. These are the details of the buys and sells.

Added: Glaxosmithkline PLC (GSK)

Dodge & Cox added to their holdings in Pharmaceuticals company Glaxosmithkline PLC by 22.1%. Their purchase prices were between $50.78 and $58.28, with an estimated average price of $54.4. The impact to their portfolio due to this purchase was 0.5%. Their holdings were 72,749,459 shares as of 06/30/2007.

GlaxoSmithKline PLC, together with its subsidiaries, engages in the creation, discovery, development, manufacture, and marketing of pharmaceutical and consumer health-related products. Glaxosmithkline PLC has a market cap of $138.19 billion, its shares were traded at around $49.8 with with P/E ratio of 13.00 and P/S ratio of 3.02.

Added: WellPoint Inc. (WLP)

Dodge & Cox added to their holdings in Health Care Providers company WellPoint Inc. by 31.73%. Their purchase prices were between $79.19 and $85.07, with an estimated average price of $81.9. The impact to their portfolio due to this purchase was 0.42%. Their holdings were 30,583,748 shares as of 06/30/2007.

WellPoint, Inc., through its subsidiaries, operates as a commercial health benefits company in the United States. It offers various network-based managed care plans to the large and small employer, individual, Medicaid, and senior markets. WellPoint Inc. has a market cap of $46.84 billion, its shares were traded at around $78.04 with with P/E ratio of 15.09 and P/S ratio of 0.79.

Added: AB Volvo - Class B American Depositary Shares (VOLV)

Dodge & Cox added to their holdings in Commercial Vehicles & Trucks company AB Volvo - Class B American Depositary Shares by 113.45%. Their purchase prices were between $16.19 and $21.48, with an estimated average price of $19.5. The impact to their portfolio due to this purchase was less than 0.01%. Their holdings were 194,300 shares as of 06/30/2007.

Volvo AB, through its subsidiaries, engages in the production and sale of trucks, buses, construction equipment, aircraft engine components, and drive systems for marine and industrial applications worldwide. AB Volvo - Class B American Depositary Shares has a market cap of $32.29 billion, its shares were traded at around $15.94 with with P/E ratio of 14.46 and P/S ratio of 0.86.

Added: Baxter International Inc. (BAX)

Dodge & Cox added to their holdings in Medical Supplies company Baxter International Inc. by 38.59%. Their purchase prices were between $53.83 and $57.88, with an estimated average price of $56.3. The impact to their portfolio due to this purchase was less than 0.01%. Their holdings were 11,062 shares as of 06/30/2007.

Baxter International, Inc. is a diversified medical products and services company. It provides medical devices, pharmaceuticals, and biotechnology that enable healthcare professionals and their patients in treating various medical conditions. Baxter International Inc. has a market cap of $32.84 billion, its shares were traded at around $50.94 with with P/E ratio of 20.47 and P/S ratio of 3.08.

New Purchase: Novartis Ag (NVS)

Dodge & Cox initiated holdings in Pharmaceuticals company Novartis Ag. Their purchase prices were between $55.09 and $59.03, with an estimated average price of $56.7. The impact to their portfolio due to this purchase was 1.94%. Their holdings were 47,925,900 shares as of 06/30/2007.

Novartis AG engages in the research, development, manufacture, and sale of health care products. The company's Pharmaceuticals division offers pharmaceuticals in various therapeutic areas, including cardiovascular and metabolism, oncology etc. Novartis AG has a market cap of $121.06 billion, its shares were traded at around $51.85 with with P/E ratio of 15.90 and P/S ratio of 3.10.

New Purchase: HSBC Holdings PLC (HBC)

Dodge & Cox initiated holdings in Banks company HSBC Holdings PLC. Their purchase prices were between $88.02 and $93.46, with an estimated average price of $91.5. The impact to their portfolio due to this purchase was 0.87%. Their holdings were 13,055,450 shares as of 06/30/2007.

No business summary available for HBC. HSBC Holdings PLC has a market cap of $ million, its shares were traded at around $87.58 with .

New Purchase: Home Depot Inc. (HD)

Dodge & Cox initiated holdings in Specialty Retailers company Home Depot Inc.. Their purchase prices were between $37.68 and $39.52, with an estimated average price of $38.5. The impact to their portfolio due to this purchase was 0.69%. Their holdings were 24,166,445 shares as of 06/30/2007.

The Home Depot, Inc. operates as a home improvement retailer primarily in the United States, Canada, and Mexico. It operates The Home Depot stores, which sell building materials, home improvement supplies, and lawn and garden products etc. Home Depot Inc. has a market cap of $64.79 billion, its shares were traded at around $32.4175 with with P/E ratio of 12.48 and P/S ratio of 0.72.

New Purchase: Macy's, Inc (M)

Dodge & Cox initiated holdings in Broadline Retailers company Macy's, Inc. Their purchase prices were between $38.27 and $45.85, with an estimated average price of $41.7. The impact to their portfolio due to this purchase was 0.61%. Their holdings were 21,096,895 shares as of 06/30/2007.

Macy's, Inc., through its subsidiaries, operates department stores in the United States. Its retail stores sell a range of merchandise, including men's, women's, and children's apparel; and accessories, cosmetics, home furnishings, etc. Macy's, Inc has a market cap of $13.94 billion, its shares were traded at around $30.33 with with P/E ratio of 14.82 and P/S ratio of 0.53.

New Purchase: Boston Scientific Corp. (BSX)

Dodge & Cox initiated holdings in Medical Supplies company Boston Scientific Corp.. Their purchase prices were between $14.97 and $16.38, with an estimated average price of $15.7. The impact to their portfolio due to this purchase was 0.44%. Their holdings were 39,451,900 shares as of 06/30/2007.

Boston Scientific Corporation engages in the development, manufacture, and marketing of medical devices that are used in interventional medical specialties worldwide. Boston Scientific Corp. has a market cap of $18.98 billion, its shares were traded at around $12.74 with with P/E ratio of 32.17 and P/S ratio of 2.33.

New Purchase: Citrix Systems, Inc. (CTXS)

Dodge & Cox initiated holdings in Software company Citrix Systems, Inc.. Their purchase prices were between $30.72 and $34.29, with an estimated average price of $33.1. The impact to their portfolio due to this purchase was 0.2%. Their holdings were 8,310,187 shares as of 06/30/2007.

Citrix Systems, Inc. engages in the design, development, and marketing of technology solutions that enable on-demand access to information and applications in the United States. Citrix Systems, Inc. has a market cap of $5.74 billion, its shares were traded at around $31.79 with with P/E ratio of 30.39 and P/S ratio of 5.14.

New Purchase: Shinhan Financial Group Co. Lt (SHG)

Dodge & Cox initiated holdings in Banks company Shinhan Financial Group Co. Lt. Their purchase prices were between $112.01 and $125.98, with an estimated average price of $119.6. The impact to their portfolio due to this purchase was 0.19%. Their holdings were 2,178,784 shares as of 06/30/2007.

Shinhan Financial Group Co., Ltd., through its subsidiaries, offers various financial products and services. It offers demand deposits, savings deposits, and time deposits, as well as installment deposits, certificate of deposits, etc. Shinhan Financial Group Co. Lt has a market cap of $21.58 billion, its shares were traded at around $113.1 with .

New Purchase: Liberty Global, Inc. - Series C (LBTYK)

Dodge & Cox initiated holdings in Broadcasting & Entertainment company Liberty Global, Inc. - Series C. Their purchase prices were between $32.77 and $39.11, with an estimated average price of $35.3. The impact to their portfolio due to this purchase was 0.13%. Their holdings were 4,644,893 shares as of 06/30/2007.

No business summary available for LBTYK. Liberty Global, Inc. - Series C has a market cap of $ million, its shares were traded at around $37.01 with .

New Purchase: Liberty Global Inc. (LBTYA)

Dodge & Cox initiated holdings in Broadcasting & Entertainment company Liberty Global Inc.. Their purchase prices were between $34.83 and $40.89, with an estimated average price of $37.5. The impact to their portfolio due to this purchase was 0.09%. Their holdings were 3,091,088 shares as of 06/30/2007.

Liberty Global, Inc. provides broadband communications of video, voice, and Internet access services primarily in Europe, Japan, and Chile. The company offers various broadband distribution services over its cable television systems. Liberty Global Inc. has a market cap of $14.96 billion, its shares were traded at around $38.97 with with P/E ratio of 105.32 and P/S ratio of 2.07.

New Purchase: Qimonda Ag Ads (QI)

Dodge & Cox initiated holdings in Semiconductors company Qimonda Ag Ads. Their purchase prices were between $14.2 and $16.46, with an estimated average price of $15.1. The impact to their portfolio due to this purchase was 0.07%. Their holdings were 6,060,600 shares as of 06/30/2007.

Qimonda AG supplies semiconductor memory products in Germany and other parts of Europe, North America, and Asia Pacific. It designs semiconductor memory technologies, as well as develops, manufactures, markets, and sells various semiconductor memory. QIMONDA AG ADS has a market cap of $4.17 billion, its shares were traded at around $12.2 with with P/E ratio of 17.68 and P/S ratio of 0.78.

New Purchase: Perusahaan Perseroan Perseropt (TLK)

Dodge & Cox initiated holdings in Fixed Line Telecom company Perusahaan Perseroan Perseropt. Their purchase prices were between $41.92 and $45.96, with an estimated average price of $43.7. The impact to their portfolio due to this purchase was 0.06%. Their holdings were 2,009,447 shares as of 06/30/2007.

Perusahaan Perseroan (Persero) P.T. Telekomunikasi Indonesia Tbk, together with its subsidiaries, provides telecommunication services in Indonesia. Its services include fixed wire line, fixed wireless, mobile service, data and Internet, multimedia etc. Perusahaan Perseroan Perseropt has a market cap of $19.95 billion, its shares were traded at around $40 with with P/E ratio of 16.95 and P/S ratio of 3.68.

New Purchase: Allergan Inc. (AGN)

Dodge & Cox initiated holdings in Pharmaceuticals company Allergan Inc.. Their purchase prices were between $56.67 and $61.95, with an estimated average price of $59.7. The impact to their portfolio due to this purchase was less than 0.01%. Their holdings were 3,564 shares as of 06/30/2007.

Allergan, Inc. develops and commercializes pharmaceutical and medical device products for the ophthalmic, neurological, medical aesthetics, medical dermatological, breast aesthetics, obesity intervention, and other specialty markets worldwide. Allergan Inc. has a market cap of $17.94 billion, its shares were traded at around $58.65 with with P/E ratio of 42.13 and P/S ratio of 5.14.

New Purchase: Kraft Foods Inc. (KFT)

Dodge & Cox initiated holdings in Food Products company Kraft Foods Inc.. Their purchase prices were between $31.36 and $36, with an estimated average price of $33.6. The impact to their portfolio due to this purchase was less than 0.01%. Their holdings were 29,683 shares as of 06/30/2007.

Kraft Foods, Inc., through its subsidiaries, engages in the manufacture and sale of packaged foods and beverages in the United States, Canada, Europe, Latin America, Asia Pacific, Africa, and the Middle East. Kraft Foods Inc. has a market cap of $49.11 billion, its shares were traded at around $31.15 with with P/E ratio of 18.32 and P/S ratio of 1.41.

New Purchase: BG Group PLC (BRG)

Dodge & Cox initiated holdings in Exploration & Production company BG Group PLC. Their purchase prices were between $71.47 and $80.71, with an estimated average price of $75.8. The impact to their portfolio due to this purchase was less than 0.01%. Their holdings were 3,228 shares as of 06/30/2007.

BG Group PLC engages in the exploration, development, production, transmission, distribution, and supply of natural gas worldwide. The company operates in four segments: Exploration and Production, Liquefied Natural Gas, Transmission and Distributions. BG Group PLC has a market cap of $48.55 billion, its shares were traded at around $71.5 with with P/E ratio of 14.62 and P/S ratio of 3.30.

New Purchase: Canon Inc. (CAJ)

Dodge & Cox initiated holdings in Electronic Office Equipment company Canon Inc.. Their purchase prices were between $54.04 and $58.78, with an estimated average price of $57.1. The impact to their portfolio due to this purchase was less than 0.01%. Their holdings were 3,479 shares as of 06/30/2007.

Canon, Inc., through its subsidiaries, engages in the manufacture of plain paper copying machines, digital multifunction devices (MFD), laser beam printers, bubble jet printers, cameras, and steppers. Canon Inc. has a market cap of $65.78 billion, its shares were traded at around $50.58 with with P/E ratio of 15.86 and P/S ratio of 1.79.

New Purchase: Petroleo Brasileiro (PBR)

Dodge & Cox initiated holdings in Exploration & Production company Petroleo Brasileiro. Their purchase prices were between $51.02 and $60.75, with an estimated average price of $54.6. The impact to their portfolio due to this purchase was less than 0.01%. Their holdings were 4,228 shares as of 06/30/2007.

Petroleo Brasileiro S.A.桺etrobras, together with its subsidiaries, engages in the exploration, exploitation, and production of oil from reservoir wells, shale, and other rocks in Brazil. Petroleo Brasileiro has a market cap of $117.48 billion, its shares were traded at around $53.56 with with P/E ratio of 10.56 and P/S ratio of 1.59.

Reduced: Unilever NV (UN)

Dodge & Cox reduced to their holdings in Food Products company Unilever Nv by 21.57%. Their sale prices were between $28.85 and $30.92, with an estimated average price of $30. The impact to their portfolio due to this sale was 0.74%. Dodge & Cox still held 40,290,533 shares as of 06/30/2007.

Unilever N.V., through its subsidiaries, manufactures and supplies fast moving consumer goods in food, and home and personal care product categories. It offers food items, including soups, bouillons, sauces, snacks, mayonnaise, salad dressings,etc. Unilever NV has a market cap of $82.94 billion, its shares were traded at around $28.73 with with P/E ratio of 12.83 and P/S ratio of 1.54.

Reduced: Koninklijke Philips Electronic (PHG)

Dodge & Cox reduced to their holdings in Consumer Electronics company Koninklijke Philips Electronic by 50.43%. Their sale prices were between $39.15 and $42.37, with an estimated average price of $41.3. The impact to their portfolio due to this sale was 0.31%. Dodge & Cox still held 14,902,688 shares as of 06/30/2007.

Koninklijke Philips Electronics N.V. operates as an electronics company with activities in the domains of healthcare, lifestyle, and technology. It operates in four segments: Medical Systems, Domestic Appliances and Personal Care, Consumer Electronics. Koninklijke Philips Electronic has a market cap of $39.99 billion, its shares were traded at around $36.78 with with P/E ratio of 4.20 and P/S ratio of 1.11.

Reduced: Schering-plough Corp. (SGP)

Dodge & Cox reduced to their holdings in Pharmaceuticals company Schering-plough Corp. by 25.57%. Their sale prices were between $25.75 and $33.06, with an estimated average price of $30.8. The impact to their portfolio due to this sale was 0.03%. Dodge & Cox still held 1,936,190 shares as of 06/30/2007.

Schering-Plough Corporation engages in the discovery, development, manufacture, and marketing of medical therapies and treatments worldwide. Its Prescription Pharmaceuticals segment offers NASONEX for nasal allergy symptoms and nasal polyps; etc. Schering-Plough Corp. has a market cap of $43.81 billion, its shares were traded at around $29.28 with with P/E ratio of 28.62 and P/S ratio of 3.83.

Reduced: Akzo Nobel Nv (AKZOY)

Dodge & Cox reduced to their holdings in Specialty Chemicals company Akzo Nobel Nv by 97.59%. Their sale prices were between $74.95 and $85.85, with an estimated average price of $80.1. The impact to their portfolio due to this sale was 0.02%. Dodge & Cox still held 407,344 shares as of 06/30/2007.

Akzo Nobel N.V. provides human and animal healthcare products, coatings, and chemicals worldwide. It operates in four segments: Coatings, Chemicals, Organon, and Intervet. Akzo Nobel NV has a market cap of $19.77 billion, its shares were traded at around $70.85 with with P/E ratio of 14.26 and P/S ratio of 1.12.

Reduced: Jp Morgan Chase & Co. (JPM)

Dodge & Cox reduced to their holdings in Banks company Jp Morgan Chase & Co. by 21.05%. Their sale prices were between $48.34 and $52.22, with an estimated average price of $50.6. The impact to their portfolio due to this sale was 0.01%. Dodge & Cox still held 177,660 shares as of 06/30/2007.

JPMorgan Chase & Co., through its subsidiaries, provides a range of financial services worldwide. The company operates through six segments: Investment Bank, Retail Financial Services, Card Services, Commercial Banking, Treasury and Securities. JP Morgan Chase & Co. has a market cap of $153.87 billion, its shares were traded at around $45.47 with with P/E ratio of 9.60 and P/S ratio of 2.25.

Reduced: Fluor Corp. (FLR)

Dodge & Cox reduced to their holdings in Heavy Construction company Fluor Corp. by 21.55%. Their sale prices were between $91.55 and $109.67, with an estimated average price of $100.8. The impact to their portfolio due to this sale was 0.01%. Dodge & Cox still held 70,326 shares as of 06/30/2007.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, and construction and maintenance (EPCM) services worldwide. It has five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. Fluor Corp. has a market cap of $10.02 billion, its shares were traded at around $113.44 with with P/E ratio of 39.14 and P/S ratio of 0.70.

Reduced: Whirlpool Corp. (WHR)

Dodge & Cox reduced to their holdings in Furnishings company Whirlpool Corp. by 26%. Their sale prices were between $85.94 and $114.7, with an estimated average price of $106.2. The impact to their portfolio due to this sale was 0.01%. Dodge & Cox still held 106,440 shares as of 06/30/2007.

Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. Its principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, room air-conditioning equipment, etc. Whirlpool Corp. has a market cap of $7.29 billion, its shares were traded at around $92.8 with with P/E ratio of 14.74 and P/S ratio of 0.37.

Reduced: Duke Energy Corp. (DUK)

Dodge & Cox reduced to their holdings in Electricity company Duke Energy Corp. by 31.11%. Their sale prices were between $18.02 and $20.47, with an estimated average price of $19.4. The impact to their portfolio due to this sale was 0.01%. Dodge & Cox still held 680,554 shares as of 06/30/2007.

Duke Energy Corporation, together with its subsidiaries, engages in the natural gas and electric businesses in the Americas. The company operates in six divisions: Franchised Electric, Natural Gas Transmission, Field Services, Duke Energy North American. Duke Energy Corp. has a market cap of $22.97 billion, its shares were traded at around $18.23 with with P/E ratio of 12.79 and P/S ratio of 1.37.

Reduced: Cott Corp. (COT)

Dodge & Cox reduced to their holdings in Soft Drinks company Cott Corp. by 40.34%. Their sale prices were between $13.11 and $16.84, with an estimated average price of $15.5. The impact to their portfolio due to this sale was 0.01%. Dodge & Cox still held 2,285,530 shares as of 06/30/2007.

Cott Corporation, through its subsidiaries, engages in the production and distribution of retailer branded soft drinks primarily in North America. It offers carbonated soft drinks, flavored waters, juice-based products, bottled water, energy drink. Cott Corp. has a market cap of $784.05 million, its shares were traded at around $10.91 with with P/S ratio of 0.44.

Reduced: Cit Group Inc. (CIT)

Dodge & Cox reduced to their holdings in Specialty Finance company Cit Group Inc. by 21.79%. Their sale prices were between $52.38 and $60.66, with an estimated average price of $57.5. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 83,500 shares as of 06/30/2007.

CIT Group, Inc., a commercial and consumer finance company, provides financing and leasing products and services to various industries. Its products primarily include asset based loans; secured lines of credit; operating, capital, etc. CIT Group Inc. has a market cap of $6.35 billion, its shares were traded at around $33.28 with with P/E ratio of 10.77 and P/S ratio of 1.68.

Reduced: Tribune Co. (TRB)

Dodge & Cox reduced to their holdings in Publishing company Tribune Co. by 59.18%. Their sale prices were between $29.4 and $33.05, with an estimated average price of $31.9. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 11,465 shares as of 06/30/2007.

Tribune Company, through its subsidiaries, operates as a media and entertainment company in the United States. It engages in newspaper publishing, television and radio broadcasting, and entertainment operations. Tribune Co. has a market cap of $3.01 billion, its shares were traded at around $25.41 with with P/E ratio of 14.35 and P/S ratio of 0.56.

Reduced: Aflac Inc. (AFL)

Dodge & Cox reduced to their holdings in Life Insurance company Aflac Inc. by 26.36%. Their sale prices were between $47.41 and $52.83, with an estimated average price of $51.1. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 6,145 shares as of 06/30/2007.

Aflac Incorporated, through its subsidiaries, engages in the marketing and sale of supplemental health and life insurance plans in the United States and Japan. AFLAC Inc. has a market cap of $25.18 billion, its shares were traded at around $51.55 with with P/E ratio of 16.91 and P/S ratio of 1.70.

Reduced: Ambac Financial Group Inc. (ABK)

Dodge & Cox reduced to their holdings in Property & Casualty Insurance company Ambac Financial Group Inc. by 46.16%. Their sale prices were between $85.45 and $95.78, with an estimated average price of $89.8. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 3,383 shares as of 06/30/2007.

Ambac Financial Group, Inc., through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. Ambac Financial Group Inc. has a market cap of $5.99 billion, its shares were traded at around $58.99 with with P/E ratio of 7.80 and P/S ratio of 3.21.

Reduced: Dominion Resources Inc. (D)

Dodge & Cox reduced to their holdings in Electricity company Dominion Resources Inc. by 20.66%. Their sale prices were between $80.55 and $90.81, with an estimated average price of $87.5. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 9,782 shares as of 06/30/2007.

Dominion Resources, Inc., together with its subsidiaries, operates as an integrated gas and electric company in the United States. The company operates in four segments: Dominion Delivery (DD), Dominion Energy (DE), Dominion Generation (DG), etc. Dominion Resources Inc. has a market cap of $29.86 billion, its shares were traded at around $85.59 with with P/E ratio of 49.62 and P/S ratio of 1.83.

Reduced: Walgreen Co. (WAG)

Dodge & Cox reduced to their holdings in Drug Retailers company Walgreen Co. by 45.89%. Their sale prices were between $43.53 and $46.16, with an estimated average price of $45. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 22,169 shares as of 06/30/2007.

Walgreen Co. operates a chain of drugstores in the United States. These drugstores sell prescription and non-prescription drugs, and general merchandise. Walgreen Co. has a market cap of $44.83 billion, its shares were traded at around $45.12 with with P/E ratio of 22.16 and P/S ratio of 0.84.

Reduced: MBIA Inc. (MBI)

Dodge & Cox reduced to their holdings in Property & Casualty Insurance company MBIA Inc. by 99.15%. Their sale prices were between $63.47 and $71.16, with an estimated average price of $66.8. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 45,829 shares as of 06/30/2007.

MBIA, Inc., through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants. MBIA Inc. has a market cap of $7.14 billion, its shares were traded at around $56.86 with with P/E ratio of 9.50 and P/S ratio of 2.27.

Reduced: IMS Health Inc. (RX)

Dodge & Cox reduced to their holdings in Business Support Services company IMS Health Inc. by 24.3%. Their sale prices were between $29.41 and $32.7, with an estimated average price of $31.1. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 40,500 shares as of 06/30/2007.

IMS Health Incorporated provides information solutions to the pharmaceutical and healthcare industries worldwide. It offers sales territory reporting services for various applications, such as sales-force compensation, resource allocation, etc. IMS Health Inc. has a market cap of $5.49 billion, its shares were traded at around $28.15 with with P/E ratio of 19.39 and P/S ratio of 2.66.

Reduced: Equity Residential (EQR)

Dodge & Cox reduced to their holdings in Real Estate Holding & Development company Equity Residential by 26.34%. Their sale prices were between $45.15 and $50.4, with an estimated average price of $47.2. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 93,700 shares as of 06/30/2007.

Equity Residential is a publicly owned real estate investment trust. The firm engages in the acquisition, development, ownership, management, and operation of multifamily properties. Equity Residential has a market cap of $10.81 billion, its shares were traded at around $39.01 with with P/E ratio of 13.44 and P/S ratio of 4.85.

Reduced: Nisource Inc. (NI)

Dodge & Cox reduced to their holdings in Electricity company Nisource Inc. by 37.77%. Their sale prices were between $20.36 and $25.07, with an estimated average price of $23.1. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 14,500 shares as of 06/30/2007.

Nisource, Inc., an energy holding company, through its subsidiaries, provides natural gas, electricity, and other products and services. The company operates in four segments: Gas Distribution Operations, Gas Transmission and Storage Operations, etc. Nisource Inc. has a market cap of $5.06 billion, its shares were traded at around $18.47 with with P/E ratio of 15.28 and P/S ratio of 0.66.

Reduced: Vf Corp. (VFC)

Dodge & Cox reduced to their holdings in Clothing & Accessories company Vf Corp. by 47.06%. Their sale prices were between $84.78 and $93.59, with an estimated average price of $89.3. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 42,685 shares as of 06/30/2007.

VF Corporation, through its subsidiaries, engages in the design, manufacture, and marketing of branded apparel and related products in the United States and internationally. VF Corp. has a market cap of $8.87 billion, its shares were traded at around $80.62 with with P/E ratio of 17.45 and P/S ratio of 1.36.

Reduced: Fpl Group Inc. (FPL)

Dodge & Cox reduced to their holdings in Electricity company Fpl Group Inc. by 21.2%. Their sale prices were between $57.35 and $64.64, with an estimated average price of $61.5. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 74,668 shares as of 06/30/2007.

FPL Group, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy. It produces electricity utilizing natural gas, wind, nuclear, oil, hydro, and other resources. FPL Group Inc. has a market cap of $24.12 billion, its shares were traded at around $59.29 with with P/E ratio of 17.54 and P/S ratio of 1.57.

Reduced: Qualcomm Inc. (QCOM)

Dodge & Cox reduced to their holdings in Telecom Equipment company Qualcomm Inc. by 21%. Their sale prices were between $41.87 and $45.07, with an estimated average price of $43.4. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 23,700 shares as of 06/30/2007.

QUALCOMM Incorporated engages in the design, development, manufacture, and marketing of digital wireless telecommunications products and services based on its Code Division Multiple Access (CDMA) technology. QUALCOMM Inc. has a market cap of $61.83 billion, its shares were traded at around $36.93 with with P/E ratio of 22.46 and P/S ratio of 7.06.

Reduced: Dun & Bradstreet Corp. (DNB)

Dodge & Cox reduced to their holdings in Business Support Services company Dun & Bradstreet Corp. by 21.68%. Their sale prices were between $90.07 and $103.64, with an estimated average price of $96.2. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 15,175 shares as of 06/30/2007.

The Dun & Bradstreet Corporation (D&B) provides business information and tools in the United States and internationally. The company offers various solutions, including Risk Management Solutions, Sales and Marketing Solutions, Supply Management. Dun & Bradstreet Corp. has a market cap of $5.3 billion, its shares were traded at around $90.08 with with P/E ratio of 20.08 and P/S ratio of 3.40.

Reduced: Dillard's Inc. (DDS)

Dodge & Cox reduced to their holdings in Broadline Retailers company Dillard's Inc. by 33.33%. Their sale prices were between $33.16 and $38.05, with an estimated average price of $35.4. The impact to their portfolio due to this sale was less than 0.01%. Dodge & Cox still held 6,000 shares as of 06/30/2007.

Dillard's, Inc. operates retail department stores primarily in the southeastern, southwestern, and midwestern areas of the United States. It offers a selection of merchandise, including fashion apparel for women, men, and children. Dillard's Inc. has a market cap of $1.8 billion, its shares were traded at around $22.45 with with P/E ratio of 8.00 and P/S ratio of 0.24.

Sold Out: Norsk Hydro Asa (NHY)

Dodge & Cox sold out their holdings in Aluminum company Norsk Hydro Asa. Their sale prices were between $32.54 and $38, with an estimated average price of $35.3. The impact to their portfolio due to this sale was less than 0.01%.

Norsk Hydro ASA develops, produces, and supplies oil, gas, and hydropower worldwide. It develops renewable energy sources, as well as supplies various aluminum products. Norsk Hydro ASA has a market cap of $40.74 billion, its shares were traded at around $33.2 with with P/E ratio of 13.28 and P/S ratio of 1.30.

Sold Out: Cadence Design Systems, Inc. (CDNS)

Dodge & Cox sold out their holdings in Software company Cadence Design Systems, Inc.. Their sale prices were between $21.65 and $23.75, with an estimated average price of $22.4. The impact to their portfolio due to this sale was less than 0.01%.

Cadence Design Systems, Inc. develops electronic design automation software and hardware for electronics companies worldwide. Its products and services are used to design and develop integrated circuits (ICs), and personal and commercial electronics. Cadence Design Systems, Inc. has a market cap of $5.64 billion, its shares were traded at around $20.32 with with P/E ratio of 31.46 and P/S ratio of 3.65.

Sold Out: Lazard Ltd. (LAZ)

Dodge & Cox sold out their holdings in Banks company Lazard Ltd.. Their sale prices were between $45.43 and $54.98, with an estimated average price of $51.1. The impact to their portfolio due to this sale was less than 0.01%.

Lazard, Ltd., through its subsidiaries, operates as a financial advisory and asset management firm worldwide. The company operates primarily in two segments, Financial Advisory and Asset Management. Lazard Ltd. has a market cap of $1.96 billion, its shares were traded at around $38.08 with with P/E ratio of 18.07 and P/S ratio of 1.22.

Sold Out: Lockheed Martin Corp. (LMT)

Dodge & Cox sold out their holdings in Aerospace company Lockheed Martin Corp.. Their sale prices were between $93.39 and $98.49, with an estimated average price of $96.2. The impact to their portfolio due to this sale was less than 0.01%.

Lockheed Martin Corporation researches, designs, develops, manufactures, integrates, operates, and sustains technology systems and products, as well as provides a range of management, engineering, technical, scientific, logistic, and information systems. Lockheed Martin Corp. has a market cap of $39.35 billion, its shares were traded at around $95.5 with with P/E ratio of 14.61 and P/S ratio of 0.97.

Sold Out: Genentech Inc. (DNA)

Dodge & Cox sold out their holdings in Biotechnology company Genentech Inc.. Their sale prices were between $74.83 and $83.4, with an estimated average price of $79.1. The impact to their portfolio due to this sale was less than 0.01%.

Genentech, Inc. engages in the discovery, development, manufacture, and commercialization of biotherapeutics in the United States. It markets Avastin (bevacizumab) for treating metastatic cancer of the colon or rectum etc. Genentech Inc. has a market cap of $77.1 billion, its shares were traded at around $73.22 with with P/E ratio of 30.01 and P/S ratio of 7.02.

Sold Out: Sovereign Bancorp Inc. (SOV)

Dodge & Cox sold out their holdings in Banks company Sovereign Bancorp Inc.. Their sale prices were between $21.25 and $24.74, with an estimated average price of $23.3. The impact to their portfolio due to this sale was less than 0.01%.

Sovereign Bancorp, Inc. operates as the holding company for Sovereign Bank that provides commercial banking services in the United States. The bank engages in the generation of deposits and origination of loan products through its network. Sovereign Bancorp Inc. has a market cap of $8.36 billion, its shares were traded at around $17.44 with with P/E ratio of 34.33 and P/S ratio of 4.05.

Sold Out: Apple Computer Inc. (AAPL)

Dodge & Cox sold out their holdings in Computer Hardware company Apple Computer Inc.. Their sale prices were between $90.24 and $124.49, with an estimated average price of $108.9. The impact to their portfolio due to this sale was less than 0.01%.

Apple Inc., together with its subsidiaries, engages in the design, manufacture, and marketing of personal computers and related software, services, peripherals, and networking solutions worldwide. Apple Computer Inc. has a market cap of $101.79 billion, its shares were traded at around $117.05 with with P/E ratio of 33.06 and P/S ratio of 4.61.

Sold Out: Smith International Inc. (SII)

Dodge & Cox sold out their holdings in Oil Equipment & Services company Smith International Inc.. Their sale prices were between $49.46 and $60.25, with an estimated average price of $54.4. The impact to their portfolio due to this sale was less than 0.01%.

Smith International, Inc. provides products and services to the oil and gas exploration and production industry worldwide. It operates through two segments, Oilfield and Distribution. Smith International Inc. has a market cap of $11.61 billion, its shares were traded at around $58.06 with with P/E ratio of 19.88 and P/S ratio of 1.43.

Sold Out: Exelon Corp. (EXC)

Dodge & Cox sold out their holdings in Electricity company Exelon Corp.. Their sale prices were between $69.61 and $77.98, with an estimated average price of $73.3. The impact to their portfolio due to this sale was less than 0.01%.

Exelon Corporation, a utility services holding company, engages in the purchase, transmission, distribution, and sale of electricity to residential, commercial, industrial, and wholesale customers in northern Illinois. Exelon Corp. has a market cap of $45.42 billion, its shares were traded at around $67.37 with with P/E ratio of 23.53 and P/S ratio of 2.67.

Sold Out: Devon Energy Corp. (DVN)

Dodge & Cox sold out their holdings in Exploration & Production company Devon Energy Corp.. Their sale prices were between $71.75 and $82.36, with an estimated average price of $76.5. The impact to their portfolio due to this sale was less than 0.01%.

Devon Energy Corporation and its subsidiaries primarily engage in oil and gas exploration, development, and production; the transportation of oil, gas, and natural gas liquids; and the processing of natural gas. Devon Energy Corp. has a market cap of $32.46 billion, its shares were traded at around $72.81 with with P/E ratio of 11.56 and P/S ratio of 2.95.

Sold Out: Syngenta AG (SYT)

Dodge & Cox sold out their holdings in Specialty Chemicals company Syngenta AG. Their sale prices were between $36.19 and $40.26, with an estimated average price of $38.3. The impact to their portfolio due to this sale was less than 0.01%.

Syngenta AG, an agribusiness company, operates in crop protection and seeds businesses. It operates in three segments: Crop Protection, Seeds, and Plant Science. Syngenta AG has a market cap of $17 billion, its shares were traded at around $35.13 with with P/E ratio of 19.41 and P/S ratio of 2.03.

Sold Out: Kyocera Corp. (KYO)

Dodge & Cox sold out their holdings in Electrical Components & Equipment company Kyocera Corp.. Their sale prices were between $96.41 and $108, with an estimated average price of $99.6. The impact to their portfolio due to this sale was less than 0.01%.

Kyocera Corporation, through its subsidiaries, develops, produces, and distributes telecommunications equipment, electronic components, solar energy systems, and industrial ceramics worldwide. Kyocera Corp. has a market cap of $17.12 billion, its shares were traded at around $90.61 with with P/E ratio of 18.09 and P/S ratio of 1.56.


Rating: 3.0/5 (29 votes)

Comments

pwjones
Pwjones - 6 years ago
very informative-clear-concise-i like it

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