Dodge & Cox

CIK

200217

Location

San Francisco, CA

Portfolio Value

Mega $173,307,749,434

Diversification

Diversified

Filing Date

Global Rank

#49 / 8,610 ▼ 1 · as of Mar 2026

Top Industry

Healthcare Plans 6.6%

3Y Alpha vs SPY

-5.1%

Period ended 4 months ago

Filed May 14, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+51.0%

SPY

+73.3%

Annualised alpha

-5.4%

Max drawdown

−15.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

218 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.3%

−0.0 pts

Top 5

17.7%

+0.1 pts

Top 10

27.9%

+0.3 pts

HHI

168

Diversified−5

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	22.4%	$38,767,218,339	37
Financial Services	20.2%	$34,994,460,372	36
Industrials	14.1%	$24,418,617,114	19
Technology	10.3%	$17,904,733,328	30
Communication Services	9.0%	$15,643,425,192	17
Energy	6.2%	$10,745,189,726	16
Basic Materials	5.4%	$9,339,453,981	14
Consumer Cyclical	4.5%	$7,799,131,130	20
Real Estate	2.6%	$4,473,225,243	3
Consumer Defensive	2.3%	$4,065,788,324	21
Unclassified	1.6%	$2,804,561,010	1
Utilities	1.4%	$2,351,945,675	4

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CPNG	Coupang, Inc.	+22,774,800	72,008,120	$1,359,513,305
BN	BROOKFIELD Corp /ON/	+17,906,535	59,186,855	$2,395,292,021
CARR	CARRIER GLOBAL Corp	+13,200,981	26,622,273	$1,499,100,192
HPQ	Hp Inc	+7,089,410	41,592,541	$798,992,712
AJG	Arthur J. Gallagher & Co.	+6,474,330	7,354,915	$1,592,927,490
TRU	TransUnion	+6,347,505	16,189,511	$1,120,152,266
MSFT	Microsoft Corp	+4,518,185	11,959,935	$4,427,209,138
AVTR	Avantor, Inc.	+2,583,186	119,648,329	$938,042,899
RAL	Ralliant Corp	+1,532,872	13,747,551	$571,760,646
FISV	Fiserv Inc	+786,328	50,260,950	$2,804,561,010
CX	Cemex Sab De CV	+441,900	85,236,570	$975,106,360
CI	Cigna Group	+417,173	11,555,787	$3,082,506,182
WTW	Willis Towers Watson PLC	+406,889	7,332,414	$2,131,532,749
FCNCA	First Citizens Bancshares Inc /De/	+361,521	393,087	$740,835,345
ADBE	Adobe Inc.	+331,120	2,495,595	$606,629,232
UNH	Unitedhealth Group Inc	+293,987	9,466,756	$2,561,609,506
BKNG	Booking Holdings Inc.	+265,417	997,498	$167,991,431
AON	Aon plc	+263,639	8,116,095	$2,619,713,144
BAX	Baxter International Inc	+254,600	57,254,570	$961,876,776
LPLA	LPL Financial Holdings Inc.	+197,577	4,146,547	$1,247,405,734
HDB	Hdfc Bank Ltd	+186,500	5,688,300	$141,524,904
ZH	Zhihu Inc.	+161,928	481,092	$1,366,301
CMCSA	Comcast Corp	+140,730	113,108,244	$3,247,337,685
GEHC	GE HealthCare Technologies Inc.	+100,835	31,312,064	$2,228,792,715
PDD	PDD Holdings Inc.	+97,800	4,537,600	$463,651,968
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SNY	Sanofi	−26,987,967	29,504,632	$1,421,533,169
AEG	Aegon Ltd.	−19,966,322	50,556,509	$367,040,255
CVS	CVS HEALTH Corp	−10,729,872	51,780,116	$3,718,847,931
ELAN	Elanco Animal Health Inc	−10,140,205	68,944,100	$1,649,832,313
GSK	GSK plc	−9,854,995	58,662,974	$3,237,609,535
VFC	V F Corp	−7,655,225	33,024,625	$561,088,378
FDX	Fedex Corp	−5,598,719	9,983,449	$2,865,354,689
OXY	Occidental Petroleum Corp /De/	−5,387,499	74,085,572	$4,815,562,180
HLN	Haleon plc	−5,215,789	146,539,663	$1,466,862,026
BKR	Baker Hughes Co	−4,887,880	35,871,558	$2,189,958,615
GE	General Electric Co	−4,453,578	737,999	$209,421,976
BUD	Anheuser-Busch InBev SA/NV	−3,429,695	29,683,736	$2,059,160,766
NSC	Norfolk Southern Corp	−3,366,135	6,257,750	$1,795,974,250
JCI	Johnson Controls International plc	−2,876,755	57,506,214	$7,530,438,723
D	Dominion Energy, Inc	−2,672,398	19,477,520	$1,204,100,286
BMY	Bristol Myers Squibb Co	−2,455,430	4,622,820	$280,374,033
BNY	Bank of New York Mellon Corp	−2,409,445	23,401,794	$2,776,154,822
LBTYA	Liberty Global Ltd.	−2,341,200	2,139,861	$25,870,919
RTX	RTX Corp	−2,098,432	35,473,379	$6,842,814,809
NVS	Novartis AG	−2,047,258	6,967,383	$1,064,267,753
GILD	Gilead Sciences, Inc.	−2,032,685	24,250,826	$3,379,837,619
SCHW	Schwab Charles Corp	−1,511,045	75,002,881	$7,048,770,756
ADM	Archer-Daniels-Midland Co	−1,327,505	15,757,140	$1,145,386,506
STT	State Street Corp	−1,244,275	3,499,879	$442,944,686
XP	XP Inc.	−1,233,857	32,726,688	$623,116,139
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
SUNB	Sunbelt Rentals Holdings, Inc.	53,101,847	$3,456,399,221
ROP	Roper Technologies Inc	3,343,694	$1,183,199,558
NVO	Novo Nordisk A S	19,333,750	$710,515,312
VSNT	Versant Media Group, Inc.	4,510,956	$166,995,591
AZN	Astrazeneca PLC	57,474	$11,335,022
TBBB	Bbb Foods Inc	90,700	$3,208,059
HAL	Halliburton Co	5,500	$214,445
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
AMRZ	Amrize Ltd	5,385,441	$291,244,649
IEX	Idex Corp /De/	1,262,550	$224,658,147
ECHO	EchoStar CORP	32,443	$3,526,554
CIB	Grupo Cibest S.A.	12,046	$766,246
PYPL	PayPal Holdings, Inc.	4,475	$261,250
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

218 positions · $173,307,749,434 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 218 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
JCI	Johnson Controls International plc Industrials	Reduced	57,506,214	-2,876,755	$7,530,438,723	+4.1%	4.35%
SCHW	Schwab Charles Corp Financial Services	Reduced	75,002,881	-1,511,045	$7,048,770,756	−7.8%	4.07%
RTX	RTX Corp Industrials	Reduced	35,473,379	-2,098,432	$6,842,814,809	−0.7%	3.95%
OXY	Occidental Petroleum Corp /De/ Energy	Reduced	74,085,572	-5,387,499	$4,815,562,180	+47.4%	2.78%
MSFT	Microsoft Corp Technology	Added	11,959,935	+4,518,185	$4,427,209,138	+23.0%	2.55%
CVS	CVS HEALTH Corp Healthcare	Reduced	51,780,116	-10,729,872	$3,718,847,931	−25.0%	2.15%
MET	Metlife Inc Financial Services	Reduced	51,114,776	-1,137,274	$3,614,836,958	−12.4%	2.09%
SUNB	Sunbelt Rentals Holdings, Inc. Industrials	NEW	53,101,847	NEW	$3,456,399,221	NEW	1.99%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Reduced	4,458,238	-138,120	$3,444,613,008	−2.9%	1.99%
GILD	Gilead Sciences, Inc. Healthcare	Reduced	24,250,826	-2,032,685	$3,379,837,619	+4.8%	1.95%
CMCSA	Comcast Corp Communication Services	Added	113,108,244	+140,730	$3,247,337,685	+2.6%	1.87%
GSK	GSK plc Healthcare	Reduced	58,662,974	-9,854,995	$3,237,609,535	−3.6%	1.87%
CHTR	Charter Communications, Inc. /Mo/ Communication Services	Added	14,627,209	+17,989	$3,157,721,878	+3.5%	1.82%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	15,109,899	-120,495	$3,146,938,664	−10.5%	1.82%
CI	Cigna Group Healthcare	Added	11,555,787	+417,173	$3,082,506,182	+0.5%	1.78%
TEL	TE Connectivity plc Technology	Reduced	14,688,950	-184,900	$3,070,284,329	−9.3%	1.77%
GOOGL	Alphabet Inc. Communication Services	Reduced	10,624,415	-208,703	$3,055,156,777	−9.9%	1.76%
META	Meta Platforms, Inc. Communication Services	Reduced	5,014,319	-5,518	$2,868,842,329	−13.4%	1.66%
FDX	Fedex Corp Industrials	Reduced	9,983,449	-5,598,719	$2,865,354,689	−21.0%	1.65%
FISV	Fiserv Inc	Added	50,260,950	+786,328	$2,804,561,010	−15.6%	1.62%
BNY	Bank of New York Mellon Corp Financial Services	Reduced	23,401,794	-2,409,445	$2,776,154,822	−7.4%	1.60%
APD	Air Products & Chemicals, Inc. Basic Materials	Reduced	9,231,575	-5,035	$2,681,680,221	+17.5%	1.55%
IFF	International Flavors & Fragrances Inc Basic Materials	Added	36,472,942	+71,900	$2,646,111,942	+7.9%	1.53%
AON	Aon plc Financial Services	Added	8,116,095	+263,639	$2,619,713,144	−5.5%	1.51%
UNH	Unitedhealth Group Inc Healthcare	Added	9,466,756	+293,987	$2,561,609,506	−15.4%	1.48%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	31,168,331	-1,143,380	$2,481,310,830	−17.6%	1.43%
BN	BROOKFIELD Corp /ON/ Financial Services	Added	59,186,855	+17,906,535	$2,395,292,021	+26.4%	1.38%
FTV	Fortive Corp Technology	Reduced	43,156,197	-1,001,625	$2,385,674,570	−2.1%	1.38%
FIS	Fidelity National Information Services, Inc. Technology	Reduced	49,073,157	-40,140	$2,302,021,794	−29.5%	1.33%
GEHC	GE HealthCare Technologies Inc. Healthcare	Added	31,312,064	+100,835	$2,228,792,715	−12.9%	1.29%
BKR	Baker Hughes Co Energy	Reduced	35,871,558	-4,887,880	$2,189,958,615	+18.0%	1.26%
WTW	Willis Towers Watson PLC Financial Services	Added	7,332,414	+406,889	$2,131,532,749	−6.3%	1.23%
ZBH	Zimmer Biomet Holdings, Inc. Healthcare	Added	23,542,700	+35,851	$2,128,730,934	+0.7%	1.23%
SBAC	Sba Communications Corp Real Estate	Added	12,080,284	+84,150	$2,079,137,679	−10.4%	1.20%
BUD	Anheuser-Busch InBev SA/NV Consumer Defensive	Reduced	29,683,736	-3,429,695	$2,059,160,766	−2.9%	1.19%
HUM	Humana Inc Healthcare	Added	11,380,673	+90,238	$1,973,294,891	−31.8%	1.14%
SUI	Sun Communities Inc Real Estate	Reduced	14,266,030	-225,835	$1,796,949,138	+0.1%	1.04%
NSC	Norfolk Southern Corp Industrials	Reduced	6,257,750	-3,366,135	$1,795,974,250	−35.4%	1.04%
SU	Suncor Energy Inc Energy	Reduced	26,262,454	-995,300	$1,736,210,833	+43.6%	1.00%
ELAN	Elanco Animal Health Inc Healthcare	Reduced	68,944,100	-10,140,205	$1,649,832,313	−7.8%	0.95%
COF	Capital One Financial Corp Financial Services	Reduced	8,774,932	-388,135	$1,600,810,844	−27.9%	0.92%
AJG	Arthur J. Gallagher & Co. Financial Services	Added	7,354,915	+6,474,330	$1,592,927,490	+599.0%	0.92%
CARR	CARRIER GLOBAL Corp Industrials	Added	26,622,273	+13,200,981	$1,499,100,192	+111.4%	0.86%
HLN	Haleon plc Healthcare	Reduced	146,539,663	-5,215,789	$1,466,862,026	−4.4%	0.85%
SNY	Sanofi Healthcare	Reduced	29,504,632	-26,987,967	$1,421,533,169	−48.1%	0.82%
CPNG	Coupang, Inc. Consumer Cyclical	Added	72,008,120	+22,774,800	$1,359,513,305	+17.1%	0.78%
LYB	LyondellBasell Industries N.V. Basic Materials	Reduced	16,839,152	-39,925	$1,356,562,085	+85.6%	0.78%
UBS	UBS Group AG Financial Services	Reduced	33,644,642	-20,700	$1,314,496,162	−15.7%	0.76%
TMUS	T-Mobile US, Inc. Communication Services	Reduced	6,157,799	-28,173	$1,293,322,523	+3.0%	0.75%
COP	Conocophillips Energy	Reduced	9,645,858	-644,311	$1,273,253,256	+32.2%	0.73%