Team

Dodge & Cox Stock·value·Retail & diversified funds

DODGX

~11% since 1965

Portfolio value

$116.9B

Positions

Top 5 concentration

18%

New buys this quarter

Track record vs S&P 500

$DODGX · total return since 2003

$10k grew to

$67k

CAGR

8.6%

vs S&P 500

-2.1%/yr

See the full comparison chart

Quarterly activity

What Team bought and sold each quarter.

Jun 2026vs Mar 2026

Bought (18)

$2330.TWNew buy3.6%$VNew buy1%$TMONew buy0.9%$FDXFNew buy0.6%$KKRNew buy0.5%$DHRNew buy0%$AMZNAdded+10.3%$METAAdded+25.8%$BKNGAdded+2439.8%$REGNAdded+7.3%$TELAdded+21.4%$GEHCAdded+14.2%$ROPAdded+112.8%$AJGAdded+21%$TRUAdded+47.8%$WTWAdded+7.8%$LPLAAdded+8.1%$ADBEAdded+24.4%

Sold (20)

$LYBSold out$RHHBYSold out$GSSold out$NVSSold out$NSCTrimmed-60%$VFCTrimmed-40.7%$SUITrimmed-35%$BNYTrimmed-33.3%$FDXTrimmed-31.2%$GSKTrimmed-17.2%$AEGTrimmed-13.2%$MCHPTrimmed-12.6%$DTrimmed-8.6%$METTrimmed-7.9%$UNHTrimmed-7.7%$ADMTrimmed-7.7%$COPTrimmed-7%$CVSTrimmed-6.4%$JCITrimmed-5.9%$BKRTrimmed-5.3%

Mar 2026vs Dec 2025

Bought (15)

$SUNBNew buy1.6%$ROPNew buy0.7%$NVONew buy0.5%$VSNTNew buy0.1%$MSFTAdded+66.7%$BKNGAdded+34.3%$CARRAdded+105.1%$BN.TOAdded+38.8%$AJGAdded+981.9%$LPLAAdded+5.3%$TRUAdded+55.3%$FCNCAAdded+1362.8%$HPQAdded+18.9%$ADBEAdded+14.9%$RALAdded+15.9%

Sold (25)

$AHT.LSold out$GETrimmed-93.6%$SNYTrimmed-49.9%$BMYTrimmed-37.4%$FDXTrimmed-34.2%$AEGTrimmed-28.4%$STTTrimmed-27.7%$NSCTrimmed-27%$NVSTrimmed-25.2%$VFCTrimmed-24.2%$RHHBYTrimmed-22.2%$GSTrimmed-19.3%$CVSTrimmed-19.3%$GSKTrimmed-15%$ELANTrimmed-14.8%$DTrimmed-12.9%$BKRTrimmed-11.4%$BUDTrimmed-10.5%$BNYTrimmed-8.8%$GOOGTrimmed-8.3%$INCYTrimmed-7.9%$OXYTrimmed-7.4%$COPTrimmed-7.3%$AEPTrimmed-7.3%$GILDTrimmed-7.2%

Dec 2025vs Sep 2025

Bought (19)

$BN.TONew buy0.8%$TRUNew buy0.5%$AJGNew buy0.1%$FCNCANew buy0%$METAAdded+28.3%$FISVAdded+20.1%$FISAdded+15.6%$CHTRAdded+23.3%$CIAdded+17.9%$GEHCAdded+18.1%$SBACAdded+25.8%$AONAdded+104.8%$WTWAdded+140.5%$TMUSAdded+66.7%$LPLAAdded+17.7%$ADMAdded+16.4%$ADBEAdded+61.3%$RALAdded+15.2%$IEXAdded+233.8%

Sold (25)

$SATSSold out$STTTrimmed-31.8%$BNYTrimmed-28.4%$COFTrimmed-25.9%$GSTrimmed-21.6%$GETrimmed-20.7%$SNYTrimmed-19.5%$AEGTrimmed-18.2%$ALNYTrimmed-17.4%$WFCTrimmed-17.2%$NVSTrimmed-16.5%$RHHBYTrimmed-15.5%$GILDTrimmed-13.8%$GSKTrimmed-13.4%$CVSTrimmed-12.9%$NSCTrimmed-12.4%$FOXATrimmed-12.4%$GOOGTrimmed-10.9%$BUDTrimmed-10%$SCHWTrimmed-8.9%$BKRTrimmed-8.5%$CTSHTrimmed-8.4%$AMZNTrimmed-7.9%$TELTrimmed-7.8%$JCITrimmed-7.8%

Sep 2025vs Jun 2025

Bought (22)

$AONNew buy0.6%$ADBENew buy0.3%$IEXNew buy0%$000660.KSNew buy0%$FISVAdded+31.1%$FDXAdded+13.5%$UNHAdded+8.6%$CHTRAdded+6.5%$FISAdded+21.2%$REGNAdded+20.3%$ZBHAdded+6.3%$GEHCAdded+18.7%$FTVAdded+33.5%$SBACAdded+14.3%$IFFAdded+7.6%$BAXAdded+9.5%$TDYAdded+13.5%$LPLAAdded+22.8%$CARRAdded+6.6%$TAPAdded+35.4%$ADMAdded+190.1%$WTWAdded+239.4%

Sold (13)

$GSTrimmed-34.8%$GETrimmed-33.4%$ALNYTrimmed-26.7%$WFCTrimmed-24.6%$BACTrimmed-14.3%$BMYTrimmed-12.4%$TMUSTrimmed-9.2%$SATSTrimmed-8.9%$STTTrimmed-8.8%$COPTrimmed-7.8%$BKNGTrimmed-6.9%$BNYTrimmed-5.9%$METATrimmed-5.1%

Jun 2025vs Mar 2025

Bought (17)

$TDYNew buy0.5%$RALNew buy0.3%$MCHPNew buy0.3%$ADMNew buy0.2%$WTWNew buy0.1%$CMCSAAdded+21.4%$FDXAdded+5.7%$METAAdded+19.8%$UNHAdded+117.4%$HUMAdded+5.2%$AHT.LAdded+11.1%$ZBHAdded+13.9%$REGNAdded+56.3%$GEHCAdded+40.7%$FTVAdded+40.3%$AVTRAdded+12%$LPLAAdded+443.5%

Sold (25)

$WMBSold out$CSCOSold out$GAPTrimmed-82.3%$BMYTrimmed-39.1%$GETrimmed-37.8%$TMUSTrimmed-31.9%$FOXATrimmed-30.5%$FOXTrimmed-28%$AEGTrimmed-25%$GOOGTrimmed-22.8%$COFTrimmed-21.4%$BACTrimmed-16.9%$AEPTrimmed-15.5%$MSFTTrimmed-13.1%$CARRTrimmed-12.8%$CTSHTrimmed-11.9%$WFCTrimmed-11.5%$NVSTrimmed-11%$BKNGTrimmed-9%$BNYTrimmed-8.5%$HLNTrimmed-8.5%$BUDTrimmed-6.9%$ALNYTrimmed-6%$GILDTrimmed-5.8%$NWSATrimmed-5.4%

Mar 2025vs Dec 2024

Bought (19)

$FISVNew buy4.1%$BNYNew buy2.3%$GENew buy1.9%$METANew buy1.2%$AHT.LNew buy1.1%$UBSG.SWNew buy0.4%$2330.TWNew buy0.3%$OXYAdded+14.5%$GSKAdded+16.8%$CMCSAAdded+20.5%$HUMAdded+5.2%$APDAdded+33.9%$SUIAdded+46.1%$SBACAdded+8.9%$FTVAdded+209.4%$CEAdded+15.1%$NBIXAdded+101.3%$NWSAAdded+17.8%$LPLAAdded+54.2%

Sold (18)

$BKSold out$FBSold out$GNESold out$FISold out$AHTSold out$COHRTrimmed-41%$TMUSTrimmed-37.6%$BACTrimmed-33.3%$WMBTrimmed-26.4%$WFCTrimmed-18.7%$FOXTrimmed-13.5%$GSTrimmed-12.8%$BMYTrimmed-12.3%$JCITrimmed-11.6%$RHHBYTrimmed-6.9%$GOOGTrimmed-6.8%$ALNYTrimmed-6.3%$CSCOTrimmed-5.3%

Dec 2024vs Sep 2024

Bought (22)

$FINew buy4.1%$FTVNew buy0.3%$LPLANew buy0.1%$FDXAdded+5.3%$CVSAdded+9.2%$CMCSAAdded+8.4%$HUMAdded+106.3%$BUDAdded+28.6%$AVTRAdded+46.9%$ZBHAdded+15.1%$IFFAdded+16%$SBACAdded+388.9%$BAXAdded+14.2%$AHTAdded+11.9%$SUIAdded+64.5%$LYBAdded+6.6%$BMRNAdded+9.6%$CEAdded+98.1%$MDTAdded+13.1%$GLPIAdded+85.3%$NWSAAdded+15.3%$NBIXAdded+181.2%

Sold (12)

$TFCSold out$FISVSold out$BACTrimmed-42%$GOOGTrimmed-32.1%$GSTrimmed-30.3%$FOXATrimmed-26.7%$STTTrimmed-26.6%$WFCTrimmed-18.1%$FISTrimmed-17.1%$OXYTrimmed-12%$COFTrimmed-7%$BKTrimmed-6.9%

Sep 2024vs Jun 2024

Bought (9)

$FBNew buy1.3%$APDNew buy1.2%$SBACNew buy0.2%$AVTRAdded+6.9%$AHTAdded+25.8%$BAXAdded+66.1%$HUMAdded+14.8%$SUIAdded+9.9%$GLPIAdded+22.6%

Sold (9)

$METASold out$JNPRTrimmed-59.4%$TFCTrimmed-48.3%$COHRTrimmed-25.3%$GOOGTrimmed-18.3%$STTTrimmed-17.3%$BACTrimmed-12.2%$BKTrimmed-6%$FISVTrimmed-5.6%

Quarter-over-quarter change in disclosed positions. Diversified book — only the larger sell-outs are shown.

Holdings

Stock	Move	% of portfolio	Quarter-end px	Now	Since quarter-end
$SCHW The Charles Schwab Corp.	Held	4.1%	$92.27	$109.29	+18.4%
$RTX RTX Corp.	Held	3.8%	$189.73	$200.79	+5.8%
$2330.TW Taiwan Semiconductor Manufacturing Co., Ltd.	New buy	3.6%	$76.79	$2410.00	+3038.5%
$JCI Johnson Controls International PLC	Trimmed	3.3%	$146.11	$144.94	-0.8%
$CVS CVS Health Corp.	Trimmed	2.8%	$103.45	$96.74	-6.5%
$MSFT Microsoft Corp.	Held	2.6%	$373.02	$499.70	+34%
$GOOGL Alphabet, Inc.	Held	2.5%	$357.37	$338.46	-5.3%
$MET MetLife, Inc.	Trimmed	2.5%	$84.61	$97.62	+15.4%
$HUM Humana, Inc.	Held	2.5%	$397.22	$401.54	+1.1%
$AMZN Amazon.com, Inc.	Added	2.2%	$238.34	$258.51	+8.5%
$UNH UnitedHealth Group, Inc.	Trimmed	2.1%	$415.63	$397.14	-4.4%
$META Meta Platforms, Inc.	Added	2.1%	$563.29	$616.77	+9.5%
$OXY Occidental Petroleum Corp.	Held	2%	$48.57	$60.04	+23.6%
$CI The Cigna Group	Held	1.9%	$275.68	$282.52	+2.5%
$GILD Gilead Sciences, Inc.	Held	1.9%	$126.34	$151.00	+19.5%
$BKNG Booking Holdings, Inc.	Added	1.8%	$178.24	$193.29	+8.4%
$SUNB Sunbelt Rentals Holdings, Inc.	Held	1.7%	$74.81	$68.59	-8.3%
$REGN Regeneron Pharmaceuticals, Inc.	Added	1.7%	$623.54	$827.72	+32.7%
$GOOG Alphabet, Inc.	Held	1.6%	$353.33	$335.31	-5.1%
$GSK GSK PLC	Trimmed	1.6%	$52.42	$49.89	-4.8%
$CMCSA Comcast Corp.	Held	1.6%	$24.55	$26.49	+7.9%
$WFC Wells Fargo & Co.	Held	1.6%	$82.64	$89.96	+8.9%
$APD Air Products & Chemicals, Inc.	Held	1.5%	$293.18	$301.27	+2.8%
$BUD Anheuser-Busch InBev SA/NV	Held	1.5%	$82.40	$80.35	-2.5%
$TEL TE Connectivity PLC	Added	1.5%	$201.61	$208.65	+3.5%
$FTV Fortive Corp.	Held	1.5%	$61.09	$56.94	-6.8%
$BNY The Bank of New York Mellon Corp.	Trimmed	1.4%	$144.61	$164.84	+14%
$FISV Fiserv, Inc.	Held	1.3%	$49.05	$53.00	+8.1%
$ROP Roper Technologies, Inc.	Added	1.3%	$338.39	$407.28	+20.4%
$GEHC GE HealthCare Technologies, Inc.	Added	1.3%	$64.01	$68.86	+7.6%
$FDX FedEx Corp.	Trimmed	1.3%	$313.13	$322.52	+3%
$CARR Carrier Global Corp.	Held	1.3%	$73.35	$59.71	-18.6%
$BKR Baker Hughes Co.	Trimmed	1.2%	$55.50	$63.50	+14.4%
$AJG Arthur J Gallagher & Co.	Added	1.2%	$229.57	$262.69	+14.4%
$CHTR Charter Communications, Inc.	Held	1.2%	$142.21	$151.99	+6.9%
$IFF International Flavors & Fragrances, Inc.	Held	1.2%	$79.22	$86.35	+9%
$SBAC SBA Communications Corp.	Held	1.2%	$176.46	$189.44	+7.4%
$ZBH Zimmer Biomet Holdings, Inc.	Held	1.1%	$86.09	$98.07	+13.9%
$COF Capital One Financial Corp.	Held	1.1%	$200.62	$219.60	+9.5%
$FIS Fidelity National Information Services, Inc.	Held	1.1%	$38.88	$41.90	+7.8%
$BN.TO Brookfield Corp.	Held	1.1%	$42.59	$55.71	+30.8%
$AON Aon PLC	Held	1%	$331.69	$323.09	-2.6%
$V Visa, Inc.	New buy	1%	$343.09	$375.07	+9.3%
$TRU TransUnion	Added	0.9%	$72.14	$79.88	+10.7%
$ELAN Elanco Animal Health, Inc.	Held	0.9%	$24.61	$24.50	-0.4%
$TMO Thermo Fisher Scientific, Inc.	New buy	0.9%	$501.36	$613.78	+22.4%
$HLN Haleon PLC	Held	0.9%	$9.33	$9.60	+2.9%
$WTW Willis Towers Watson PLC	Added	0.8%	$261.37	$334.74	+28.1%
$INCY Incyte Corp.	Held	0.8%	$113.36	$126.75	+11.8%
$SNY Sanofi SA	Held	0.8%	$42.66	$44.24	+3.7%

Showing top 50 of 84 equity positions (this fund runs a diversified book).

Notable sell-outs this quarter: $LYB, $RHHBY, $GS, $NVS

Track Team between filings

13Fs land once a quarter. We email you when a tracked manager files a Form 4, a 13D stake or a Form 144 notice of sale — days after it happens, not months.

Source: SEC N-PORT via FMP · holdings as of Jun 2026 · monthly portfolio, public with a delay. Long equity positions only. Not financial advice.