Beating the market with a portfolio of $100 billion seems to be am impossible task. But Dodge & Cox team has been doing that with a balanced value approach. Over the past 5 years they have achieved an average of more than 13%. These are their buys and sells during the first quarter.
Dodge & Cox buys General Motors Corp., Ford Motor Company, Fannie Mae, Liberty Media Corp. Series A Liberty Ent, EchoStar Corp., Biogen Idec Inc, FreeportMcMoRan Copper & Gold Inc., Gilead Sciences Inc., Alleghany Corp., Intel Corp., John Wiley & Sons Inc., White Mountains Insurance Group Ltd., U.S. Bancorp, Shaw Communications Inc., Northern Trust Corp., Lockheed Martin Corp., sells Northrop Grumman Corp., Franklin Resources Inc., The Williams Companies Inc., iShares S&P 500 Index Fund, Coach Inc., Shire plc, Linear Technology Corp., Windstream Corp., Sunoco Inc., Stericycle Inc., IDEXX Laboratories Inc., VCA Antech Inc., Zebra Technologies Corp., Lincare Holdings Inc., PHILIP MORRIS INTERNATIONAL INC during the 3-months ended 03/31/2008, according to the most recent filings of his investment company, Dodge & Cox. Dodge & Cox owns 244 stocks with a total value of $110.8 billion. These are the details of the buys and sells.
New Purchases: BIIB, F, FCX, FNM, GILD, GM, INTC, JW-A, LMDIA, LMT, NTRS, SATS, SJR, USB, WTM, Y,
Added Positions: AIG, AMGN, C, CL, CMCSA, COF, EBAY, ECA, GE, GSK, JAVA, KMX, KYO, LINTA, MOLX, MOT, NOK, NT, S, SLB, SLM, TEF, TV, WB, WFC, WLP,
Reduced Positions: AA, APC, APOL, AVP, BMY, CB, CIT, CMCSK, CNQ, COP, CP, CVX, D, DD, DE, DELL, DHR, ECL, EXPD, FLR, GPS, HAL, HBC, HES, IP, ISRG, JNJ, KTC, LCAPA, MCD, MDT, MO, NCX, NKE, SAF, SDA, SE, T, TRV, UGP, UN, UNM, UNP, WHR, WMT, XOM,
Sold Out: BEN, COH, IDXX, IVV, LLTC, LNCR, NOC, PM, SHPGY, SRCL, SUN, WIN, WMB, WOOF, ZBRA,
For the details of 's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Dodge+%26+Cox
Dodge & Cox buys General Motors Corp., Ford Motor Company, Fannie Mae, Liberty Media Corp. Series A Liberty Ent, EchoStar Corp., Biogen Idec Inc, FreeportMcMoRan Copper & Gold Inc., Gilead Sciences Inc., Alleghany Corp., Intel Corp., John Wiley & Sons Inc., White Mountains Insurance Group Ltd., U.S. Bancorp, Shaw Communications Inc., Northern Trust Corp., Lockheed Martin Corp., sells Northrop Grumman Corp., Franklin Resources Inc., The Williams Companies Inc., iShares S&P 500 Index Fund, Coach Inc., Shire plc, Linear Technology Corp., Windstream Corp., Sunoco Inc., Stericycle Inc., IDEXX Laboratories Inc., VCA Antech Inc., Zebra Technologies Corp., Lincare Holdings Inc., PHILIP MORRIS INTERNATIONAL INC during the 3-months ended 03/31/2008, according to the most recent filings of his investment company, Dodge & Cox. Dodge & Cox owns 244 stocks with a total value of $110.8 billion. These are the details of the buys and sells.
New Purchases: BIIB, F, FCX, FNM, GILD, GM, INTC, JW-A, LMDIA, LMT, NTRS, SATS, SJR, USB, WTM, Y,
Added Positions: AIG, AMGN, C, CL, CMCSA, COF, EBAY, ECA, GE, GSK, JAVA, KMX, KYO, LINTA, MOLX, MOT, NOK, NT, S, SLB, SLM, TEF, TV, WB, WFC, WLP,
Reduced Positions: AA, APC, APOL, AVP, BMY, CB, CIT, CMCSK, CNQ, COP, CP, CVX, D, DD, DE, DELL, DHR, ECL, EXPD, FLR, GPS, HAL, HBC, HES, IP, ISRG, JNJ, KTC, LCAPA, MCD, MDT, MO, NCX, NKE, SAF, SDA, SE, T, TRV, UGP, UN, UNM, UNP, WHR, WMT, XOM,
Sold Out: BEN, COH, IDXX, IVV, LLTC, LNCR, NOC, PM, SHPGY, SRCL, SUN, WIN, WMB, WOOF, ZBRA,
For the details of 's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Dodge+%26+Cox
