What Dodge & Cox Funds bought and sold in Q3 2025
In Q3 2025, Dodge & Cox Funds (Dodge & Cox Funds) opened 6 new positions — including AON (0.7%), IEX (<0.1%), ZH (<0.1%), added to 13, trimmed 11, exited 6 (NTR, SNREN, HES). The book stood at $185.33B across 219 positions, filed Nov 13, 2025.
6New13Added11Trimmed6Exited
New positions (6)
Added to (13)
- FISVFiserv Inc+30% shares · 2.7% · $4.98B
- FISFidelity National Info Serv+22% shares · 1.5% · $2.84B
- FTVFortive Corp+28% shares · 1.1% · $2.09B
- WTWWillis Towers Watson Plc+184% shares · 0.7% · $1.25B
- LPLALpl Financial Holdings Inc+23% shares · 0.6% · $1.11B
- ADMArcher-daniels-midland CO+130% shares · 0.5% · $900M
- TAPMolson Coors Beverage CO - B+29% shares · 0.5% · $843M
- ADBEAdobe Inc+8007% shares · 0.3% · $562M
- BNTXBiontech Se-adr+316% shares · 0.2% · $360M
- HDBHdfc Bank Ltd-adr+108% shares · 0.1% · $212M
- CVXChevron Corp+23% shares · <0.1% · $35M
- ACMRAcm Research Inc-class A+52% shares · <0.1% · $5M
- KSPIJsc Kaspi.kz Adr+128% shares · <0.1% · $1M
Trimmed (11)
- WFCWells Fargo & CO-23% shares · 1.8% · $3.26B
- GEGeneral Electric-31% shares · 1.0% · $1.89B
- GSGoldman Sachs Group Inc-33% shares · 0.9% · $1.76B
- ALNYAlnylam Pharmaceuticals Inc-27% shares · 0.6% · $1.06B
- COHRCoherent Corp-57% shares · <0.1% · $80M
- JPMJpmorgan Chase & CO-27% shares · <0.1% · $61M
- CSCOCisco Systems Inc-65% shares · <0.1% · $15M
- AMGAffiliated Managers Group-20% shares · <0.1% · $572K
- MGMMgm Resorts International-25% shares · <0.1% · $364K
- VOOVanguard S&p 500 Etf-46% shares · <0.1% · $398K
- HALHalliburton CO-72% shares · <0.1% · $362K
Exited (6)
Dodge & Cox Funds's other filings
Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.