Dodge & Cox was founded in 1930 by Van Duyn Dodge and E. Morris Cox, and it manages a portfolio of 179 stocks. During the first quarter the guru traded shares in the following companies.
Express Scripts Holding Co. (ESRX)’s stake was raised by 35.99% with an impact of 0.43% on the portfolio.
The company is a pharmacy benefit manager in the U.S. It offers health care management and administration services such as managed care organizations, health insurers, workers' compensation plans and government health programs.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10. The return on equity (ROE) of 21.95% and return on assets (ROA) of 6.70% are outperforming 78% of the companies in the Global Health Care Plans industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.20 is below the industry median of 1.12.
Another notable shareholder among the gurus is Barrow, Hanley, Mewhinney & Strauss with 4.85% of outstanding shares followed by Chris Davis (Trades, Portfolio) with 0.72%, Manning & Napier Advisors Inc. with 0.45%, Charles Brandes (Trades, Portfolio) with 0.42%, Glenn Greenberg (Trades, Portfolio) with 0.24% and Jim Simons (Trades, Portfolio) with 0.22%.
The guru raised its shares in Suncor Energy Inc. (SU) by 64.24% with an impact of 0.35% on the portfolio.
It is an integrated energy company. Its operations include developing a petroleum resource basin, Canada's Athabasca oil sands. It explores for, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10. The ROE of 3.48% and ROA of 1.74% are underperforming 58% of the companies in the Global Oil and Gas Integrated industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.21 is below the industry median of 0.39.
Dodge & Cox is the largest shareholder among the gurus with 2.05% of outstanding shares followed by First Eagle Investment (Trades, Portfolio) with 0.45%, NWQ Managers (Trades, Portfolio) with 0.12%, Steven Cohen (Trades, Portfolio) with 0.04%, Ray Dalio (Trades, Portfolio) with 0.02% and Simons with 0.02%.
The firm reduced its position in Schlumberger Ltd. (SLB) by 9.18%. The trade had an impact of -0.32% on the portfolio.
It is a supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry. Its business segments are Reservoir Characterization, Drilling, Production and Cameron.
GuruFocus gives the stock a profitability and growth rating of 4 out of 10. The ROE of -4.73% and ROA of -2.48% are outperforming 60% of the companies in the Global Oil and Gas Equipment and Services industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.39 is below the industry median of 0.55.
First Eagle Investment is another notable shareholder among the gurus with 0.57% of outstanding shares followed by Manning & Napier Advisors with 0.39%, Frank Sands (Trades, Portfolio) with 0.36%, Pioneer Investments (Trades, Portfolio) with 0.32%, Ken Fisher (Trades, Portfolio) with 0.3% and PRIMECAP Management (Trades, Portfolio) with 0.28%.
The guru raised its holding in Bristol-Myers Squibb Co. (BMY) by 29.23%. The transaction had an impact of 0.31% on the portfolio.
It is a biopharmaceutical company that discovers, develops, licenses, manufactures, markets, distributes and sells biopharmaceutical products.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10. The ROE of 32.02% and ROA of 14.65% are outperforming 87% of the companies in the Global Drug Manufacturers - Major industry. Financial strength has a rating of 7 out of 10. The cash-debt ratio of 0.72 is below the industry median of 3.09.
The largest shareholder among the gurus is Vanguard Health Care Fund (Trades, Portfolio) with 3.2% of outstanding shares followed by Simons with 0.39%, Spiros Segalas (Trades, Portfolio) with 0.36%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.23%, Manning & Napier Advisors with 0.2%, PRIMECAP Management with 0.11% and Eaton Vance Worldwide Health Sciences Fund (Trades, Portfolio) with 0.04%.
The guru increased its position in Novartis AG ADRĂ‚ (NVS) by 10.65% impacting the portfolio by 0.31%.
The company is in the research, development, manufacturing and marketing of health care products and pharmaceuticals. Its portfolio includes pharmaceuticals and oncology medicines, generic and biosimilar medicines and eye care devices.
GuruFocus gives the stock a profitability and growth rating of 6 out of 10. The ROE of 8.78% and ROA of 4.81% are outperforming 57% of the companies in the Global Drug Manufacturers - Major industry. Financial strength has a rating of 5 out of 10 with a cash-debt ratio of 0.26 that is below the industry median of 3.09.
PRIMECAP Management is another notable shareholder among the gurus with 0.92% of outstanding shares followed by Fisher with 0.26%, Manning & Napier Advisors with 0.21%, Simons with 0.1% and Cohen with 0.03%.
The firm reduced its shares in HP Inc. (HPQ) by 15.49%. The transaction had an impact of -0.28% on the portfolio.
The company provides products, technologies, software, solutions and services to individual consumers and small and medium-sized businesses including customers in the government, health and education sectors.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10. The ROA of 9.28% and return on capital (ROC) of 205.35% are outperforming 84% of the companies in the Global Computer Systems industry. Financial strength has a rating of 6 out of 10. The cash-debt ratio of 0.93 is below the industry median of 1.55.
Another notable shareholder among the gurus is PRIMECAP Management with 3.78% of outstanding shares followed by Richard Pzena (Trades, Portfolio) with 0.37%, First Eagle Investment with 0.21%, Simons with 0.21%, Donald Yacktman (Trades, Portfolio) with 0.12%, Joel Greenblatt (Trades, Portfolio) with 0.11% and Yacktman Fund (Trades, Portfolio) with 0.11%.
The guru increased its holding in UBS Group AGĂ‚ (UBS) by 45.31% impacting the portfolio by 0.27%.
The company operates as a financial services provider and a bank in Switzerland. It provides wealth management, investment banking and asset management services.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10. The ROE of 8.77% and ROA of 0.50% are underperforming 77% of the companies in the Global Banks – Global industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 1.24 is below the industry median of 2.23.
Fisher is another notable shareholder among the gurus with 1.01% of outstanding shares followed by Pzena with 0.3%, Brandes with 0.17%, NWQ Managers with 0.07%, Simons with 0.04% and Sarah Ketterer (Trades, Portfolio) with 0.01%.
The firm reduced its position in Bank of New York Mellon Corp. (BK) by 9.36%. The transaction had an impact of -0.2% on the portfolio.
It is an investment company. Its business segments are: Investment Management and Investment Services. Its other segments include credit-related services, the leasing portfolio and corporate treasury activities among others.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10. While the ROE of 8.85% is outperforming the sector, ROA of 1.02% is underperforming 62% of the companies in the Global Asset Management industry. Financial strength has a rating of 7 out of 10 with a cash-debt ratio of 2.84.
Another notable shareholder among the gurus is Warren Buffett (Trades, Portfolio) with 3.17% of outstanding shares followed by Davis with 2.02%, First Eagle Investment with 1.9%, Bill Nygren (Trades, Portfolio) with 1.9%, Mario Gabelli (Trades, Portfolio) with 0.54%, Tweedy Browne (Trades, Portfolio) with 0.45%, T Rowe Price Equity Income Fund with 0.39% and Yacktman with 0.37%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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