Latest Dodge & Cox Stock Portfolio

Dodge & Cox Performance:

2025 Q4: 1.29%YTD: 11.05%2024: 10.66%

Performance for 2025 Q4 is 1.29%, and YTD is 11.05%, and 2024 is 10.66%.

About Dodge & Cox and 13F Hedge Fund Stock Holdings

Dodge & Cox is a hedge fund based in San Francisco, CA. On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Dodge & Cox reported an equity portfolio of $185.3 Billions as of 31 Dec, 2025.

The top stock holdings of Dodge & Cox are SCHW, JCI, RTX. The fund has invested 4.1% of it's portfolio in THE CHARLES SCHWAB CORP. and 3.9% of portfolio in JOHNSON CONTROLS INTERNATIONAL PLC.

The fund managers got completely rid off TECK RESOURCES, LTD. (TCKRF), GRUPO TELEVISA SAB (TV) and THE GAP, INC. (GPS) stocks. They significantly reduced their stock positions in ECHOSTAR CORP. (SATS), BAIDU, INC. (BIDU) and BANK OF AMERICA CORP. (BAC). Dodge & Cox opened new stock positions in BROOKFIELD CORP., TRANSUNION (TRU) and PDD HOLDINGS, INC. (PDD). The fund showed a lot of confidence in some stocks as they added substantially to KASPI.KZ JSC, IDEX CORP. (IEX) and MERCADOLIBRE, INC. (MELI).

Dodge & Cox Annual Return Estimates Vs S&P 500

Our best estimate is that Dodge & Cox made a return of 1.29% in the last quarter. In trailing 12 months, it's portfolio return was 11.05%.

Performance
S&P 500

New Buys

Ticker	$ Bought
brookfield corp.	1,894,350,000
transunion	843,952,000
pdd holdings, inc.	503,429,000
arthur j gallagher & co.	227,887,000
first citizens bancshares, inc.	67,746,300
karooooo, ltd.	1,111,250
atour lifestyle holdings, ltd.	1,109,190
qnity electronics, inc.	612,579

New stocks bought by Dodge & Cox

Additions

Ticker	% Inc.
kaspi.kz jsc	930
idex corp.	266
mercadolibre, inc.	255
aon plc	126
willis towers watson plc	90.67
t-mobile u.s., inc.	65.24
adobe, inc.	35.83
fiserv, inc.	28.06

Additions to existing portfolio by Dodge & Cox

Reductions

Ticker	% Reduced
echostar corp.	-99.72
baidu, inc.	-99.62
bank of america corp.	-86.91
slb, ltd.	-62.87
dupont de nemours, inc.	-59.07
jpmorgan chase & co.	-36.09
apa corp.	-36.08
jd.com, inc.	-35.11

Dodge & Cox reduced stake in above stock

Sold off

Ticker	$ Sold
grupo televisa sab	-172,721,000
teck resources, ltd.	-345,478,000
the gap, inc.	-116,138,000
unilever plc	-1,416,790
halliburton co.	-361,620
affiliated managers group, inc.	-572,232
zoetis, inc.	-219,480

Dodge & Cox got rid off the above stocks

Sector Distribution

Dodge & Cox has about 20.1% of it's holdings in Others sector.

Sector	%
Others	20.1
Healthcare	16.6
Financial Services	15.7
Industrials	13.4
Communication Services	9
Technology	7.3
Consumer Cyclical	5.3
Basic Materials	4.3
Energy	3.3
Real Estate	2.6
Utilities	1.3

Market Cap. Distribution

Dodge & Cox has about 77.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	58.3
UNALLOCATED	20.1
MEGA-CAP	19.6
MID-CAP	2.1

Stocks belong to which Index?

About 75.3% of the stocks held by Dodge & Cox either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	75.3
Others	24.7

Top 5 Winners (%)		%
COHR	coherent corp.	67.8 %
LOMA	loma negra cia industrial argentina sa	65.5 %
NESR	national energy services reunited corp.	48.8 %
LLY	eli lilly & co.	40.4 %
REGN	regeneron pharmaceuticals, inc.	37.0 %

Top 5 Winners ($)		$
REGN	regeneron pharmaceuticals, inc.	958.6 M
GOOG	alphabet, inc.	943.8 M
FDX	fedex corp.	843.7 M
GOOG	alphabet, inc.	774.9 M
RTX	rtx corp.	624.1 M

Top 5 Losers (%)		%
	fiserv, inc.	-45.0 %
ZH	zhihu, inc.	-33.8 %
CPNG	coupang, inc.	-26.3 %
CHTR	charter communications, inc.	-22.3 %
HPQ	hp, inc.	-18.1 %

Top 5 Losers ($)		$
	fiserv, inc.	-2720.8 M
CHTR	charter communications, inc.	-876.4 M
OXY	occidental petroleum corp.	-488.4 M
CPNG	coupang, inc.	-414.1 M
BABA	alibaba group holding, ltd.	-337.5 M

Dodge & Cox Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Dodge & Cox

Dodge & Cox has 220 stocks in it's portfolio. About 27.2% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. REGN was the most profitable stock for Dodge & Cox last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple, inc.	0.00	31,807	8,647,050	added	1.55

ABBV	abbvie, inc.	0.00	10,393	2,374,700	reduced	-0.76

ABEV	ambev sa	0.00	296,300	731,861	added	7.24

ABT	abbott laboratories	0.00	17,324	2,170,520	unchanged	0.00

ACMR	acm research, inc.	0.00	112,392	4,433,860	reduced	-8.54

ADBE	adobe, inc.	0.41	2,164,480	757,545,000	added	35.83

ADI	analog devices, inc.	0.00	20,775	5,634,180	reduced	-32.56

ADM	archer-daniels-midland co.	0.53	17,084,600	982,196,000	added	13.38

AEG	aegon, ltd.	0.29	70,522,800	543,731,000	reduced	-17.79

AEP	american electric power co., inc.	0.58	9,342,540	1,077,290,000	reduced	-1.9

AFYA	afya, ltd.	0.00	35,387	545,314	added	0.35

AJG	arthur j gallagher & co.	0.12	880,585	227,887,000	new

ALL	the allstate corp.	0.00	2,595	540,149	unchanged	0.00

ALNY	alnylam pharmaceuticals, inc.	0.42	1,964,420	781,150,000	reduced	-15.37

AMG	affiliated managers group, inc.	0.00	0.00	0.00	sold off	-100

AMGN	amgen, inc.	0.00	13,367	4,375,150	unchanged	0.00

AMP	ameriprise financial, inc.	0.00	1,500	735,510	unchanged	0.00

AMZN	amazon.com, inc.	1.90	15,230,400	3,515,480,000	reduced	-6.54

ANTX	elevance health, inc.	0.00	1,300	455,715	unchanged	0.00

AON	aon plc	1.50	7,852,460	2,770,970,000	added	126