10 Stocks Dodge & Cox Keep Buying

Firm's repeat purchases in the last 2 quarters

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Sep 22, 2016
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Dodge & Cox was founded in 1930 by Van Duyn Dodge and E. Morris Cox. The firm manages a portfolio composed of 178 stocks with a total value of $101,253 million. In both the first and second quarters, the firm bought shares in the following stocks.

Apple Inc. (AAPL)

In the first quarter, the firm increased its stake by 2.95% and then increased it by 5.14% in the second quarter. The company designs, manufactures  and markets mobile communication & media devices, personal computers and portable digital music players and sells a variety of related software, services, accessories, networking solutions and third-party digital content.

The largest shareholder among the gurus is Warren Buffett (Trades, Portfolio) with 0.28% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.21%, Spiros Segalas (Trades, Portfolio) with 0.2%, Pioneer Investments (Trades, Portfolio) with 0.16%, Jeremy Grantham (Trades, Portfolio) with 0.13%, David Einhorn (Trades, Portfolio) with 0.13% and David Rolfe (Trades, Portfolio) with 0.09%.

Amazon.com Inc. (AMZN)

In the first quarter, the firm increased its stake by 47.11% and in the second quarter increased it by 18.54%. Amazon is an online retailer. The company sells its products through the website, which provides services, such as advertising services and co-branded credit card agreements. It also offers electronic devices like Kindle e-readers and Fire tablets.

Andreas Halvorsen (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 0.69% of outstanding shares, followed by Frank Sands (Trades, Portfolio) with 0.5%, Chris Davis (Trades, Portfolio) with 0.47%, Spiros Segalas (Trades, Portfolio) with 0.46%, Ken Fisher (Trades, Portfolio) with 0.42%, Steve Mandel (Trades, Portfolio) with 0.35% and Chase Coleman (Trades, Portfolio) with 0.31%.

Visa Inc. Class AÂ (V)

During first quarter of 2016, the firm increased its stake by 34.95% and again by 7.88% in the second quarter. Visa is a payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. The Company operates a processing networks - VisaNet.

The largest shareholder among the gurus is Frank Sands (Trades, Portfolio) with 1.58% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.63%, Spiros Segalas (Trades, Portfolio) with 0.49%, Warren Buffett (Trades, Portfolio) with 0.43%, Steve Mandel (Trades, Portfolio) with 0.31%, PRIMECAP Management (Trades, Portfolio) with 0.29%, Chris Davis (Trades, Portfolio) with 0.21%, Bill Nygren (Trades, Portfolio) with 0.2% and Chuck Akre (Trades, Portfolio) with 0.15%.

Credit Suisse Group AG ADRÂ (CS)

In the first quarter, the firm increased its stake by 11.34% and raised it by 62.14% in the second quarter. The firm currently holds 0.07% of outstanding shares of the stock. The company provides banking and financial services. It operates in two segments, Private Banking & Wealth Management and Investment Banking.

Ken Fisher (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 0.5% of outstanding shares, followed by Charles Brandes (Trades, Portfolio) with 0.3%, Jim Simons (Trades, Portfolio) with 0.05% and Jeff Auxier (Trades, Portfolio) with 0.01%.

LiLAC Group Class C. (LILAK)

In the first quarter, the firm slightly increased its stake by 0.09% then boosted it by 306.28% in the second quarter. Dodge & Cox currently holds 2.24% of outstanding shares of the stock.

The largest shareholder among the gurus is John Griffin (Trades, Portfolio) with 2.31% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 1.35%, Chris Davis (Trades, Portfolio) with 1.25%, Warren Buffett (Trades, Portfolio) with 0.74%, John Burbank (Trades, Portfolio) with 0.57% and Wallace Weitz (Trades, Portfolio) with 0.55%.

VMware Inc. (VMW)

In the first quarter, the firm raised its stake by 227.19% and then increased it again by 29.75% in the second quarter. The firm currently holds 2.8% of outstanding shares of the stock. The company provides virtualization infrastructure solutions utilized by organizations. It has three product areas: Software-Defined Data Center, End-User Computing and Hybrid Cloud Computing.

Seth Klarman (Trades, Portfolio) is another notable shareholder of the company among the gurus, 0.53% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 0.53%, John Paulson (Trades, Portfolio) with 0.46%, PRIMECAP Management (Trades, Portfolio) with 0.44%, Steven Cohen (Trades, Portfolio) with 0.21% and Joel Greenblatt (Trades, Portfolio) with 0.06%.

JD.com Inc. ADRÂ (JD)

In the first quarter, the guru raised its stake by 299.64% and increased it by 33.80% in the second quarter. The guru currently holds 2.73% of outstanding shares of the stock. The company acquires products from suppliers and sell them directly to its customers through its website and mobile applications.

The largest shareholder among the gurus is Chase Coleman (Trades, Portfolio) with 3.05% of outstanding shares, followed by Andreas Halvorsen (Trades, Portfolio) with 1.56%, Ken Fisher (Trades, Portfolio) with 0.56%, Ruane Cunniff (Trades, Portfolio) with 0.54%, Spiros Segalas (Trades, Portfolio) with 0.32%, Chris Davis (Trades, Portfolio) with 0.13%, Howard Marks (Trades, Portfolio) with 0.08% and George Soros (Trades, Portfolio) with 0.06%.

AstraZeneca PLC ADR. (AZN)

In the first quarter, the firm added 121.19% to its stake and then increased it by 24.89% in the second. The firm currently holds 1.29% of outstanding shares of the stock. AstraZeneca is a biopharmaceutical company engaged in the discovery and development of new products, which are then manufactured, marketed and sold.

Another notable shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 0.61% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 0.24%, Jeremy Grantham (Trades, Portfolio) with 0.02%, NWQ Managers (Trades, Portfolio) with 0.02%, Pioneer Investments (Trades, Portfolio) with 0.02%, Manning & Napier Advisors Inc. with 0.02% and Ken Fisher (Trades, Portfolio) with 0.01%.

Union Pacific Corp. (UNP)

In the first quarter, the firm boosted its stake 4,160.33% and increased it by 23.96% in the second. Dodge & Cox currently holds 1.82% of outstanding shares of the stock. Union Pacific is a rail transporting company. Its operating company is Union Pacific Railroad Company. It links 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain.

First Eagle Investment (Trades, Portfolio) is another notable shareholder of the company among the gurus, with 0.75% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.56%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.23%, Daniel Loeb (Trades, Portfolio) with 0.16%, Pioneer Investments (Trades, Portfolio) with 0.14% and NWQ Managers (Trades, Portfolio) with 0.07%.

MetLife Inc. (MET)

In the first quarter, the investor increased its stake by 10.19% and then increased it again by 26.45% in the second quarter. The firm currently holds 3.56% of outstanding shares of the stock. MetLife is a provider of insurance, annuities and employee benefit programs in the United States, Japan, Latin America, Asia, Europe  and the Middle East. It offers life insurance, annuities, property & casualty insurance and other financial services.

Another notable shareholder among the gurus is Diamond Hill Capital (Trades, Portfolio) with 3.56% of outstanding shares, followed by T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.67%, Richard Pzena (Trades, Portfolio) with 0.56%, NWQ Managers (Trades, Portfolio) with 0.13%, Richard Snow (Trades, Portfolio) with 0.12%, Ray Dalio (Trades, Portfolio) with 0.04% and John Buckingham (Trades, Portfolio) with 0.01%.

Disclosure: Of the stocks mentioned in this article, I own few shares of Apple.

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