Dodge & Cox Buys Covidien Ltd., The SherwinWilliams Company, Credit Suisse Group, Sells Allergan Inc., Patterson Companies Inc., NOVA Chemicals Corp.

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Aug 16, 2008
Dodge & Cox's performance has been hurt by owning financials. But they are staying their course, buying more of them. Now they own more than 10% of Fannie Mae. Isn't Fannie Mae too hard for them? How will this bet turn out? These are their buys and sells during the second quarter. Dodge & Cox. Dodge & Cox owns 247 stocks with a total value of $107.5 billion.


Dodge & Cox buys Covidien Ltd., The SherwinWilliams Company, Credit Suisse Group, Cadence Design Systems Inc., Synopsys Inc., ICICI Bank Ltd., NET Servicos de Comunicacao S.A., Staples Inc., Verigy Ltd., PHILIP MORRIS INTERNATIONAL INC, The Williams Companies Inc., LSI Corp., Linear Technology Corp., Leap Wireless International Inc., iShares S&P 500 Index Fund, DIRECTV Group Inc. The, Cadence Design Systems Inc., sells Allergan Inc., Patterson Companies Inc., NOVA Chemicals Corp., Lockheed Martin Corp., IngersollRand Company Ltd., Gilead Sciences Inc., Fortune Brands Inc., FreeportMcMoRan Copper & Gold Inc., Dell Inc., Cott Corp., Canadian Natural Resources Ltd., SunTrust Banks Inc. during the 3-months ended 06/30/2008, according to the most recent filings of his investment company, Dodge & Cox. Dodge & Cox owns 247 stocks with a total value of $107.5 billion. These are the details of the buys and sells.





New Purchases: CDNS, COV, CS, DTV, IBN, IVV, LEAP, LLTC, LSI, NETC, PM, SHW, SNPS, SPLS, VRGY, WMB, CDNS,


Added Positions: A, AIG, AMGN, BP, C, CSC, DHR, EXC, FNM, GE, INTC, MOT, MSFT, NT, PBR-A, PEP, SLM, SNY, TEF, TLK, TYC, UNH, VZ, WB, WFC, WLP, CSC, FNM,


Reduced Positions: AA, AET, AVP, CB, CIT, CP, EDS, FMX, GPS, HES, JW-A, KTC, MAS, MCD, MTU, NKE, PCBC, SAF, SATS, SE, SGP, STO, SYK, TRV, UNM, UNP, UTX, VOD, WTM,


Sold Out: AGN, CNQ, COT, DELL, FCX, FO, GILD, IR, LMT, NCX, PDCO, STI,





For the details of Dodge & Cox's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Dodge+%26+Cox