
	Dodge & Cox 13F
	Dodge & Cox

	Last update 2022-12-10	190 Stocks (3 new)
	Value $131.97 Bil	Turnover 3 %
	Top Holdings: OXY(4.42%) SCHW(4.38%) WFC(3.71%) GOOG(3.05%) FISV(2.60%) Portfolio Report

Dodge & Cox Profile

Dodge & Cox was founded in 1930 by Van Duyn Dodge and E. Morris Cox. The firm employs a team research approach in making investment decisions. The investment decisions are made by the Investment Policy Committees, and while the members of these committees may change over time, the firm aims to preserve the continuity of its investing philosophy, research and culture.

Dodge & Cox Investing Philosophy

Dodge & Cox believes that a well-tuned, group decision making process enhances individual thinking and moves the portfolio beyond dependence on any single person. The Dodge & Cox team is guided both in what they buy and what they sell by an ongoing search for superior relative value, steering clear of popular choices that come at a price they would rather not pay. Investing when valuations are low creates greater potential for capital appreciation. They look to be long-term owners of companies whose current valuations don't reflect their long-term earnings and cash-flow prospects.

Dodge & Cox Portfolio and Latest Trades

Ticker
Ticker
CI
AMZN
LYB
GE
HPE
WMB
MSFT
FIS
CTSH
COHR
OXY
LQD
RTX
BABA
HPQ
FOXA
NVS
SLB
TECK
UNH
BMY
SCHW
CMCSA
TMUS
GS
AXP
VMW
BUD
MET
MCHP
TAP
SNY
UBS
WFC
ALNY
ELAN
JNPR
LVS
LBTYK
GOOG
COF
DELL
FDX
FISV
GILD
HMC
BK
CARR
CE
CSCO
COP
CVS
GSK
MDT
NTR
BIDU
BKR
BMRN
CHTR
BAP
IBN
INCY
ITUB
REGN
STT
SU
TEL
TFC
XP
MMM
ABBV
ADBE
AEG
GOOGL
AMGN
ADI
APA
AZN
BAC
BRK.A
BKNG
BSX
BHF
CDNS
KMX
CVX
KO
CPA
GLW
CTVA
DE
DEO
DISH
DOW
DD
EBAY
LLY
XOM
FOX
GLPI

Ticker	Company	Date	Action	Impact %	Price Range	Price	Price Change from Avrg%	Comment	Current Shares	Share Change
Ticker	Company	Date	Action	Impact %	Price Range	Price	Price Change from Avrg%	Comment	Current Shares	Share Change
CI	Cigna Corp	2022-09-30	Reduce	-0.83%	● 264.84 ($281.41) 294.15	$313.20	11.30%	Reduce -27.31%	12,105,826	-4,548,471
AMZN	Amazon.com Inc	2022-09-30	Add	+0.80%	● 109.22 ($126.4) 144.78	$99.22	-21.50%	Add 80911.72%	9,364,955	9,353,395
LYB	LyondellBasell Industries NV	2022-09-30	Add	+0.67%	● 72.2 ($84.48) 92.33	$94.86	12.29%	Add 460.94%	14,438,133	11,864,203
GE	General Electric Co	2022-09-30	Add	+0.38%	● 61.09 ($70.58) 81.07	$81.14	14.96%	Add 28.03%	37,085,456	8,118,776
HPE	Hewlett Packard Enterprise Co	2022-09-30	Reduce	-0.36%	● 11.98 ($13.59) 15.17	$16.22	19.35%	Reduce -37.79%	64,414,372	-39,135,577
WMB	Williams Companies Inc	2022-09-30	Reduce	-0.28%	● 28.42 ($32.58) 35.6	$31.43	-3.53%	Reduce -20.54%	49,730,496	-12,856,441
MSFT	Microsoft Corp	2022-09-30	Add	+0.21%	● 232.9 ($264.05) 293.47	$248.00	-6.08%	Add 12.53%	10,949,702	1,219,159
FIS	Fidelity National Information Services Inc	2022-09-30	Add	+0.20%	● 75.57 ($93.12) 104.13	$74.89	-19.58%	Add 57.62%	9,843,805	3,598,691
CTSH	Cognizant Technology Solutions Corp	2022-09-30	Reduce	-0.16%	● 57.44 ($65.5) 70.3	$64.66	-1.28%	Reduce -12.53%	24,105,846	-3,454,043
COHR	Coherent Corp	2022-09-30	Add	+0.16%	● 34.85 ($47.89) 56.83	$45.03	-5.97%	Add 52.99%	17,045,517	5,904,216
OXY	Occidental Petroleum Corp	2022-09-30	Reduce	-0.14%	● 57.23 ($64.01) 75.26	$67.09	4.81%	Reduce -3.5%	94,978,388	-3,442,753
LQD	iShares iBoxx USD Investment Grade Corporate Bond ETF	2022-09-30	Sold Out	-0.14%	● 100.8 ($109.24) 113.53	$110.82	1.45%	Sold Out	0	-1,795,988
RTX	Raytheon Technologies Corp	2022-09-30	Reduce	-0.13%	● 81 ($90.51) 97.02	$100.25	10.76%	Reduce -5.38%	34,591,437	-1,966,950
BABA	Alibaba Group Holding Ltd	2022-09-30	Add	+0.11%	● 77.87 ($95.27) 122.39	$120.57	26.56%	Add 14.92%	14,174,270	1,840,400
HPQ	HP Inc	2022-09-30	Reduce	-0.10%	● 24.92 ($30.71) 35.23	$29.01	-5.54%	Reduce -7.76%	54,438,979	-4,577,062
FOXA	Fox Corp	2022-09-30	Reduce	-0.09%	● 30.51 ($33.85) 36.5	$33.96	0.32%	Reduce -8.56%	42,493,512	-3,979,833
NVS	Novartis AG	2022-09-30	Reduce	-0.09%	● 74.61 ($82.89) 87.43	$89.84	8.38%	Reduce -6.67%	21,048,657	-1,504,112
SLB	SLB	2022-09-30	Reduce	-0.09%	● 31.33 ($36.26) 40.38	$57.47	58.49%	Reduce -12.08%	25,705,473	-3,533,041
TECK	Teck Resources Ltd	2022-09-30	Add	+0.09%	● 25.73 ($30.87) 36.75	$41.65	34.92%	Add 15.89%	26,715,331	3,663,391
UNH	UnitedHealth Group Inc	2022-09-30	Reduce	-0.09%	● 501.24 ($525.83) 548.32	$492.48	-6.34%	Reduce -6.27%	3,802,415	-254,175
BMY	Bristol-Myers Squibb Co	2022-09-30	Reduce	-0.08%	● 66.75 ($72.54) 76.84	$72.99	0.62%	Reduce -8.6%	16,775,562	-1,577,777
SCHW	Charles Schwab Corp	2022-09-30	Add	+0.08%	● 60.57 ($69.43) 77.18	$78.05	12.42%	Add 1.86%	80,511,141	1,468,678
CMCSA	Comcast Corp	2022-09-30	Reduce	-0.08%	● 29.33 ($37.39) 43.37	$40.41	8.08%	Reduce -3.29%	82,356,579	-2,801,237
TMUS	T-Mobile US Inc	2022-09-30	Reduce	-0.08%	● 132.32 ($140.43) 147.07	$148.69	5.88%	Reduce -4.97%	15,873,156	-830,152
GS	The Goldman Sachs Group Inc	2022-09-30	Reduce	-0.07%	● 281.59 ($323.98) 355.85	$354.97	9.57%	Reduce -4.26%	7,380,249	-328,075
AXP	American Express Co	2022-09-30	Reduce	-0.06%	● 134.91 ($151.36) 165.84	$155.88	2.99%	Reduce -8.94%	5,939,589	-583,395
VMW	VMware Inc	2022-09-30	Reduce	-0.06%	● 106.46 ($115.15) 122.64	$126.37	9.74%	Reduce -2.73%	27,268,625	-764,301
BUD	Anheuser-Busch InBev SA/NV	2022-09-30	Add	+0.05%	● 45.16 ($51.79) 56.18	$59.66	15.20%	Add 6.44%	25,373,746	1,534,810
MET	MetLife Inc	2022-09-30	Reduce	-0.05%	● 57.91 ($63.88) 68.52	$72.22	13.06%	Reduce -2.03%	55,816,110	-1,159,125
MCHP	Microchip Technology Inc	2022-09-30	Reduce	-0.05%	● 56.14 ($65.68) 74.28	$78.26	19.15%	Reduce -3.49%	31,103,061	-1,125,375
TAP	Molson Coors Beverage Co	2022-09-30	Reduce	-0.05%	● 47.49 ($54.24) 59.75	$52.77	-2.71%	Reduce -4.47%	27,799,136	-1,301,775
SNY	Sanofi SA	2022-09-30	Reduce	-0.05%	● 37.22 ($44.56) 51.6	$48.81	9.54%	Reduce -1.75%	75,650,666	-1,346,616
UBS	UBS Group AG	2022-09-30	Add	+0.05%	● 14.51 ($16.01) 17.21	$21.68	35.42%	Add 2.98%	157,604,317	4,567,650
WFC	Wells Fargo & Co	2022-09-30	Reduce	-0.05%	● 38.74 ($42.96) 46.14	$45.81	6.63%	Reduce -1.34%	121,626,354	-1,657,819
ALNY	Alnylam Pharmaceuticals Inc	2022-09-30	Reduce	-0.04%	● 138.54 ($190.74) 233.85	$231.59	21.42%	Reduce -7.03%	4,889,297	-369,659
ELAN	Elanco Animal Health Inc	2022-09-30	Add	+0.04%	● 12.41 ($17.48) 20.69	$13.88	-20.59%	Add 7.71%	53,001,340	3,795,150
JNPR	Juniper Networks Inc	2022-09-30	Reduce	-0.04%	● 25.97 ($28.2) 30.38	$32.32	14.61%	Reduce -4.62%	38,850,758	-1,883,500
LVS	Las Vegas Sands Corp	2022-09-30	New Buy	+0.04%	● 32.21 ($37.25) 39.72	$58.37	56.70%	New holding	1,435,058	1,435,058
LBTYK	Liberty Global PLC	2022-09-30	Reduce	-0.04%	● 16.5 ($21.21) 23.36	$22.10	4.20%	Reduce -21.46%	8,961,768	-2,448,004
GOOG	Alphabet Inc	2022-09-30	Reduce	-0.03%	● 96.15 ($111.66) 122.88	$99.16	-11.19%	Reduce -0.82%	41,804,172	-345,188
COF	Capital One Financial Corp	2022-09-30	Add	+0.03%	● 91.3 ($106.48) 115.74	$116.07	9.01%	Add 1.05%	35,831,626	374,055
DELL	Dell Technologies Inc	2022-09-30	Reduce	-0.03%	● 34.17 ($42.09) 48.94	$40.99	-2.61%	Reduce -4.51%	19,762,839	-933,942
FDX	FedEx Corp	2022-09-30	Reduce	-0.03%	● 142.9 ($211.05) 238.22	$190.14	-9.91%	Reduce -1.06%	17,241,695	-184,952
FISV	Fiserv Inc	2022-09-30	Reduce	-0.03%	● 91.66 ($101.91) 110.72	$106.26	4.27%	Reduce -1.21%	36,667,839	-449,741
GILD	Gilead Sciences Inc	2022-09-30	Reduce	-0.03%	● 59.54 ($63.06) 68.01	$83.62	32.60%	Reduce -1.62%	36,369,252	-597,375
HMC	Honda Motor Co Ltd	2022-09-30	Reduce	-0.03%	● 21.59 ($25.28) 27.25	$24.27	-4.00%	Reduce -4.23%	45,493,570	-2,011,183
BK	Bank of New York Mellon Corp	2022-09-30	Reduce	-0.02%	● 38.52 ($42.63) 45.03	$50.61	18.72%	Reduce -1.18%	58,081,712	-692,790
CARR	Carrier Global Corp	2022-09-30	Reduce	-0.02%	● 35.28 ($39.38) 44.41	$43.65	10.84%	Reduce -3.82%	17,723,181	-704,315
CE	Celanese Corp	2022-09-30	Add	+0.02%	● 87.85 ($109.84) 119.78	$120.44	9.65%	Add 3.86%	7,424,644	276,225
CSCO	Cisco Systems Inc	2022-09-30	Reduce	-0.02%	● 40 ($44.37) 49.37	$48.34	8.95%	Reduce -1.71%	46,304,027	-807,045
COP	ConocoPhillips	2022-09-30	Reduce	-0.02%	● 81.61 ($99.75) 117.71	$124.65	24.96%	Reduce -1.53%	20,600,222	-319,548
CVS	CVS Health Corp	2022-09-30	Reduce	-0.02%	● 92.53 ($98.99) 106.43	$87.66	-11.45%	Reduce -1.73%	13,472,772	-236,945
GSK	GSK PLC	2022-09-30	Reduce	-0.02%	● 28.66 ($36.57) 45.15	$35.34	-3.36%	Reduce -1.36%	58,583,989	-810,189
MDT	Medtronic PLC	2022-09-30	Reduce	-0.02%	● 80.75 ($89.87) 95.31	$81.84	-8.94%	Reduce -8.28%	4,214,621	-380,378
NTR	Nutrien Ltd	2022-09-30	Add	+0.02%	● 71.9 ($86.02) 101.69	$81.73	-4.99%	Add 3.15%	10,341,859	315,700
BIDU	Baidu Inc	2022-09-30	Add	+0.01%	● 117.49 ($136.56) 154.69	$138.43	1.37%	Add 2.33%	6,743,055	153,610
BKR	Baker Hughes Co	2022-09-30	Add	+0.01%	● 20.45 ($25.04) 29.09	$31.80	27.00%	Add 1.54%	23,914,354	362,044
BMRN	Biomarin Pharmaceutical Inc	2022-09-30	Reduce	-0.01%	● 82.16 ($89.04) 96.94	$116.98	31.38%	Reduce -1.55%	14,773,963	-233,100
CHTR	Charter Communications Inc	2022-09-30	Reduce	-0.01%	● 303.35 ($427.79) 492.74	$410.39	-4.07%	Reduce -0.61%	6,725,271	-41,431
BAP	Credicorp Ltd	2022-09-30	Add	+0.01%	● 115.03 ($128.17) 141.85	$143.49	11.95%	Add 2.55%	5,161,762	128,300
IBN	ICICI Bank Ltd	2022-09-30	Reduce	-0.01%	● 17.94 ($21.13) 23.38	$20.86	-1.28%	Reduce -14.35%	2,833,000	-474,500
INCY	Incyte Corp	2022-09-30	Reduce	-0.01%	● 66.18 ($73.88) 82.86	$86.01	16.42%	Reduce -1.37%	19,793,400	-274,445
ITUB	Itau Unibanco Holding SA	2022-09-30	Reduce	-0.01%	● 4 ($4.83) 5.6	$4.99	3.31%	Reduce -15.33%	24,151,505	-4,374,400
REGN	Regeneron Pharmaceuticals Inc	2022-09-30	Add	+0.01%	● 573.97 ($629.39) 724.32	$742.30	17.94%	Add 0.93%	2,286,509	21,175
STT	State Street Corporation	2022-09-30	Reduce	-0.01%	● 59.84 ($68.35) 74.93	$90.23	32.01%	Reduce -0.93%	22,053,429	-207,175
SU	Suncor Energy Inc	2022-09-30	Add	+0.01%	● 26.65 ($31.59) 35.57	$34.60	9.53%	Add 1.39%	42,171,854	577,400
TEL	TE Connectivity Ltd	2022-09-30	Reduce	-0.01%	● 110.36 ($124.46) 137.45	$124.27	-0.15%	Reduce -1.04%	16,911,094	-177,841
TFC	Truist Financial Corp	2022-09-30	Add	+0.01%	● 43.04 ($48.11) 52.01	$48.86	1.56%	Add 1.57%	19,406,221	300,896
XP	XP Inc	2022-09-30	Add	+0.01%	● 17.01 ($19.85) 24.66	$17.85	-10.08%	Add 3.39%	29,866,731	978,546
MMM	3M Co	2022-09-30	Reduce	0%	● 110.5 ($131.19) 152.24	$113.55	-13.45%	Reduce -8.54%	9,224	-861
ABBV	AbbVie Inc	2022-09-30	Add	0%	● 134.21 ($143.5) 153.93	$147.40	2.72%	Add 0.02%	11,210	2
ADBE	Adobe Inc	2022-09-30	Reduce	0%	● 275.2 ($378.38) 451.02	$365.82	-3.32%	Reduce -2.47%	26,046	-660
AEG	Aegon NV	2022-09-30	Add	0%	● 3.93 ($4.41) 5.07	$5.49	24.49%	Add 0.85%	128,828,797	1,091,805
GOOGL	Alphabet Inc	2022-09-30	Reduce	0%	● 95.65 ($110.89) 122.08	$97.52	-12.06%	Reduce -0.88%	5,997,670	-53,310
AMGN	Amgen Inc	2022-09-30	Reduce	0%	● 224.46 ($242.4) 253.15	$254.88	5.15%	Reduce -1.82%	16,207	-300
ADI	Analog Devices Inc	2022-09-30	Reduce	0%	● 139.34 ($158.13) 179.89	$170.74	7.97%	Reduce -2.01%	41,141	-844
APA	APA Corp	2022-09-30	Reduce	0%	● 30.68 ($35.75) 41.74	$45.36	26.88%	Reduce -15.26%	245,473	-44,200
AZN	AstraZeneca PLC	2022-09-30	Reduce	0%	● 53.02 ($63.43) 68.26	$65.99	4.04%	Reduce -23.11%	386,365	-116,124
BAC	Bank of America Corp	2022-09-30	Add	0%	● 30.13 ($33.43) 36.64	$35.34	5.71%	Add 0.34%	44,585,789	151,200
BRK.A	Berkshire Hathaway Inc	2022-09-30	Reduce	0%	● 399128 ($428128) 461300	$469,960.00	9.77%	Reduce -20%	4	-1
BKNG	Booking Holdings Inc	2022-09-30	Add	0%	● 1643.21 ($1878.43) 2151.34	$2,431.15	29.42%	Add 0.2%	851,874	1,703
BSX	Boston Scientific Corp	2022-09-30	Reduce	0%	● 36.71 ($40.12) 43.46	$46.35	15.53%	Reduce -4.15%	115,590	-5,000
BHF	Brighthouse Financial Inc	2022-09-30	Reduce	0%	● 38.97 ($45.52) 51.32	$55.32	21.53%	Reduce -0.99%	9,194,494	-91,974
CDNS	Cadence Design Systems Inc	2022-09-30	Reduce	0%	● 149.64 ($171.96) 193.09	$185.63	7.95%	Reduce -1.59%	299,080	-4,840
KMX	CarMax Inc	2022-09-30	Reduce	0%	● 65.16 ($91.38) 104.22	$66.26	-27.49%	Reduce -54.42%	3,350	-4,000
CVX	Chevron Corp	2022-09-30	Reduce	0%	● 135.94 ($152.51) 164.63	$187.79	23.13%	Reduce -2.67%	220,508	-6,046
KO	Coca-Cola Co	2022-09-30	Reduce	0%	● 56.02 ($62.15) 65.22	$60.81	-2.16%	Reduce -1.99%	24,635	-500
CPA	Copa Holdings SA	2022-09-30	New Buy	0%	● 60.56 ($69.59) 75.97	$92.32	32.66%	New holding	10,900	10,900
GLW	Corning Inc	2022-09-30	Reduce	0%	● 29.02 ($33.87) 37.54	$36.43	7.56%	Reduce -6.92%	110,009	-8,176
CTVA	Corteva Inc	2022-09-30	Reduce	0%	● 51.49 ($58.28) 63.81	$63.13	8.32%	Reduce -8.51%	29,178	-2,713
DE	Deere & Co	2022-09-30	Reduce	0%	● 289.14 ($342.56) 388.15	$421.20	22.96%	Reduce -0.8%	12,436	-100
DEO	Diageo PLC	2022-09-30	Reduce	0%	● 166.89 ($179.21) 192.22	$174.07	-2.87%	Reduce -2.02%	14,541	-300
DISH	DISH Network Corp	2022-09-30	Reduce	0%	● 13.83 ($17.68) 20.22	$14.41	-18.50%	Reduce -0.9%	39,364,166	-359,380
DOW	Dow Inc	2022-09-30	Reduce	0%	● 43.39 ($50.7) 56.11	$58.12	14.64%	Reduce -5.59%	21,059	-1,247
DD	DuPont de Nemours Inc	2022-09-30	Reduce	0%	● 50.05 ($56.85) 62.7	$73.73	29.69%	Reduce -8.36%	23,507	-2,144
EBAY	eBay Inc	2022-09-30	Reduce	0%	● 36.81 ($44.55) 50.48	$49.16	10.35%	Reduce -2.98%	32,610	-1,000
LLY	Eli Lilly and Co	2022-09-30	Reduce	0%	● 296.48 ($316.83) 334.38	$348.01	9.84%	Reduce -2.09%	69,694	-1,487
XOM	Exxon Mobil Corp	2022-09-30	Reduce	0%	● 83.14 ($91.3) 100.12	$117.76	28.98%	Reduce -1.38%	84,260	-1,176
FOX	Fox Corp	2022-09-30	Reduce	0%	● 28.37 ($31.35) 33.75	$31.72	1.18%	Reduce -1.77%	12,450,207	-224,216
GLPI	Gaming and Leisure Properties Inc	2022-09-30	Reduce	0%	● 43.57 ($49.39) 52.68	$52.89	7.09%	Reduce -1.01%	6,304,039	-64,130

100/Page

Total 1106

Dodge & Cox News

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today Global Market Valuation Buffett Assets Allocation

Company

About GuruFocus Career Contact Us ETF ADV Part 2A ADV Part 2B ADV Part 3 Advertise Site Map Term of Use Privacy Policy Referral Program Affiliate Program

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.