Dodge & Cox was founded in 1930 by Van Duyn Dodge and E. Morris Cox. The firm manages a portfolio of 186 stocks with a total value of $99.4 billion. The following are the stocks he has been buying for at least the last two quarters.
LM Ericsson Telephone Co. (ERIC)
During Q2, the firm increased its stake by 2.13% and in Q3, again bought shares in the company with another increase of 1.54% of its stake. The fund currently holds 10.07% of outstanding shares of the company.
The company is a provider of communications networks, telecom services and support solutions. Its segments include Networks, Global Services, Support Solutions and ST-Ericsson.
During the third quarter, the company reported an increase of 3% year over year for sales and gross margin declined year over year to 33.9% from 35.2%.
The company’s largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 2.2% of outstanding shares, followed by HOTCHKIS & WILEY with 0.88% and Charles Brandes (Trades, Portfolio) with 0.25%.
New Oriental Education & Technology Group Inc. (EDU)
During Q2 the firm increased its stake in New Oriental Education & Technology Group by 1.16% and in Q3, it again increased the stake by 9.49%. It now holds 7.28% of outstanding shares of the company, and the stake has a 0.23% weighting in the portfolio.
The company is a provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. During the last quarter it reported an increase of 16.4% year over year for quarterly net revenues and student enrollments increased by 13.8% year-over-year.
The second largest shareholder of the company among the gurus is Jim Simons (Trades, Portfolio) with 0.41% of outstanding shares, followed by Jeremy Grantham (Trades, Portfolio) with 0.08% and Pioneer Investments (Trades, Portfolio) with 0.03%.
Teck Resources Ltd. (TCK)
During Q2, the firm increased its stake by 49.34% and in Q3, again bought shares in the company with another increase of 61.41% of its stake. The fund currently holds 9.23% of outstanding shares of the company and the stake has a 0.22% weighting in the portfolio.
The company is engaged in mining and related activities including exploration, development, processing, smelting, refining and reclamation. Its major products are steelmaking coal, copper, zinc and lead.
The second largest shareholder among the gurus is Jim Simons (Trades, Portfolio) with 0.08% of outstanding shares, followed by Ray Dalio (Trades, Portfolio) with 0.07% and Jeremy Grantham (Trades, Portfolio) with 0.07%.
Royal Dutch Shell PLCÂ (RDS.A)
During Q2 the firm increased its stake in Royal Dutch Shell by 5.90% and in Q3, it again increased the stake by 1.65%. It now holds 0.31% of outstanding shares of the company, and the stake has a 0.47% weighting in the portfolio.
The company is an integrated oil and gas company. The company's operating segments consists of Upstream and Downstream.
The second largest shareholder among the gurus is Richard Pzena (Trades, Portfolio) with 0.29% of outstanding shares, then HOTCHKIS & WILEY with 0.24% and T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.18%.
Coach Inc. (COH)
During Q2, the firm increased the stake by 0.34% and in Q3, again bought shares in the company with another increase of 0.36% of the stake. The fund currently holds 6.26% of outstanding shares of the company and the stake has a 0.51% weighting in the portfolio.
The company is a New York design house of modern luxury accessories and lifestyle collections and operates in two segments: North America and International. In the last quarter, operating margin was 15.8% versus 23.9% reported for the prior year.
The second largest shareholder among the gurus is David Rolfe (Trades, Portfolio) with 3.79% of outstanding shares, then Steven Cohen (Trades, Portfolio) with 1.09% and T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.69%.
Juniper Networks Inc. (JNPR)
During Q2 the firm increased its stake in Juniper Networks by 17.09% and in Q3, again increased the stake by 0.31%. It now holds 5.37% of outstanding shares of the company, and the stake has a 0.54% weighting in the portfolio.
The company designs, develops and sells products and services for high-performance networks, which combine scale and performance with agility and efficiency.
The second largest shareholder of the company among the gurus is Manning & Napier Advisors with 2.46% of outstanding shares, then Diamond Hill Capital (Trades, Portfolio) with 0.1.84% and Joel Greenblatt (Trades, Portfolio) with 0.58%.
Aegon NVÂ (AEG)
During Q2, the firm increased the stake by 0.40% and in Q3, again bought shares in the company with another increase of 2.25% of thestake. The fund currently holds 4% of outstanding shares of the company and the stake has a 0.62% weighting in the portfolio.
The company is an international life insurance, pensions and asset management company.Â
The second largest shareholder of the company among the gurus is Charles Brandes (Trades, Portfolio) with 0.38% of outstanding shares, then David Dreman (Trades, Portfolio) with 0.01%.
JPMorgan Chase & Co. (JPM)
During Q2 the firm increased its stake in JPMorgan by 9.55% and in Q3, it again increased the stake by 1.92%. It now holds 0.72% of outstanding shares of the company, and the stake has a 1.64% weighting in the portfolio.
The largest shareholder among the gurus is James Barrow (Trades, Portfolio) with 0.89% of outstanding shares, followed by Chris Davis (Trades, Portfolio) with 0.48% and Ken Fisher (Trades, Portfolio) with 0.38%.
Cisco Systems Inc. (CSCO)
During Q2, the firm increased the stake by 53.86% and in Q3, again bought shares in the company with another increase of 52.63% of the stake. The fund currently holds 1.33% of outstanding shares of the company and the stake has a 1.78% weighting in the portfolio.
The company is engaged in designing, manufacturing and selling of IP-based networking products and services related to the communications and information technology industry and provide services associated with these products and their use.
The second largest shareholder among the gurus is Donald Yacktman (Trades, Portfolio) with 0.71% of outstanding shares, followed by Jeremy Grantham (Trades, Portfolio) with 0.69% and PRIMECAP Management (Trades, Portfolio) with 0.49%.
Sprint Corp. (S)
During Q2 the firm increased its stake in Sprint Corp by 47.26% and in Q3, it again increased the stake by 7.40%. It now holds 4.68% of outstanding shares of the company, and the stake has a 0.72% weighting in the portfolio.
The company is a communications company offering wireless and wireline communications products and services to individual consumers, businesses, government subscribers and resellers.
The company’s second largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 0.69% of outstanding shares, then Mario Gabelli (Trades, Portfolio) with 0.06%.
