What stocks does Dodge & Cox Funds own?

As of 2026Q2, Dodge & Cox Funds's 13F discloses 222 positions worth $191.01B. The top five holdings: JCI (4.3%), SCHW (3.7%), RTX (3.5%), CVS (2.7%), MSFT (2.5%). 13F filings cover long US-listed equities only — cash, bonds, shorts, and non-US positions are not disclosed.

What did Dodge & Cox Funds buy this quarter?

In 2026Q2, the filing shows 9 new positions and 19 additions to existing holdings. The largest positions touched by buying: META, GEHC, ROP, AJG, V.

How big is Dodge & Cox Funds's portfolio?

$191.01B across 222 positions per the latest 13F (filed Aug 13, 2026). The top five holdings account for 17% of the disclosed book.

← All super investors

Dodge & Cox Funds

$191.01B

disclosed 13F portfolio · 222 positions

top-5 concentration17%

Q2 2026 · filed Aug 13, 2026

Cloning this 13F returned11.0%/yrvs the S&P 500's13.7%/yrover the same 12.2 years· why →

Dodge & Cox Funds (Dodge & Cox Funds) discloses a $191.01B portfolio across 222 US-listed positions in the latest 13F filing (2026Q2, filed Aug 13, 2026). The largest holding is JCI at 4.3% of the book. The biggest move of the quarter: added 29% to the META share count (position now $3.66B). Mechanically cloning this 13F returned 11.0%/yr over the past 12.2 years, versus 13.7%/yr for the S&P 500 across that identical 12.2-year window.

Share𝕏 in

Holdings (222) · click any column to sort

#↑	Ticker	Issuer	% Port.	This Q	History	Value
1	JCI	Johnson Controls International Plc	4.3%		40q held	$8.15B
2	SCHW	Schwab (charles) Corp	3.7%		40q held	$7.10B
3	RTX	Rtx Corp	3.5%		25q held	$6.66B
4	CVS	Cvs Health Corp	2.7%		32q held	$5.17B
5	MSFT	Microsoft Corp	2.5%		40q held	$4.79B
6	BKNG	Booking Holdings Inc	2.4%		34q held	$4.55B
7	HUM	Humana Inc	2.3%		9q held	$4.35B
8	GOOG	Alphabet Inc-cl C	2.2%		40q held	$4.23B
9	MET	Metlife Inc	2.1%		40q held	$4.10B
10	SUNB	Sunbelt Rentals Holdings Inc	2.1%		2q held	$4.10B
11	AMZN	Amazon.com Inc	2.1%		40q held	$3.98B
12	GOOGL	Alphabet Inc-cl A	2.0%		40q held	$3.81B
13	UNH	Unitedhealth Group Inc	2.0%		40q held	$3.77B
14	META	Meta Platforms Inc-class A	1.9%	+29%	25q held	$3.66B
15	OXY	Occidental Petroleum Corp	1.9%		40q held	$3.53B
16	TEL	TE Connectivity Plc	1.8%		8q held	$3.42B
17	CI	The Cigna Group	1.8%		31q held	$3.36B
18	REGN	Regeneron Pharmaceuticals	1.6%		19q held	$3.04B
19	GILD	Gilead Sciences Inc	1.6%		40q held	$2.99B
20	IFF	Intl Flavors & Fragrances	1.5%		11q held	$2.93B
21	AON	Aon Plc	1.5%		4q held	$2.85B
22	CMCSA	Comcast Corp-class A	1.5%		40q held	$2.85B
23	APD	Air Products & Chemicals Inc	1.4%		40q held	$2.75B
24	FTV	Fortive Corp	1.4%		9q held	$2.69B
25	BN	Brookfield Corp	1.4%		3q held	$2.61B
26	WFC	Wells Fargo & CO	1.4%		40q held	$2.59B
27	GSK	Gsk Plc-spon Adr	1.3%		16q held	$2.53B
28	FISV	Fiserv Inc	1.3%		23q held	$2.46B
29	BUD	Anheuser-busch Inbev-spn Adr	1.3%		19q held	$2.43B
30	GEHC	GE Healthcare Technology	1.3%	+21%	14q held	$2.42B
31	BK	Bank OF New York Mellon Corp	1.3%	-29%	40q held	$2.40B
32	ROP	Roper Technologies Inc	1.3%	+111%	3q held	$2.39B
33	FDX	Fedex Corp	1.2%	-28%	40q held	$2.26B
34	SBAC	Sba Communications Corp	1.1%		8q held	$2.17B
35	AJG	Arthur J Gallagher & CO	1.1%	+27%	3q held	$2.15B
36	CHTR	Charter Communications Inc-a	1.1%		40q held	$2.14B
37	WTW	Willis Towers Watson Plc	1.1%		5q held	$2.10B
38	ZBH	Zimmer Biomet Holdings Inc	1.1%		18q held	$2.08B
39	CARR	Carrier Global Corp	1.1%		25q held	$2.02B
40	BKR	Baker Hughes CO	1.0%		36q held	$1.93B
41	FIS	Fidelity National Info Serv	1.0%		18q held	$1.91B
42	V	Visa Inc-class A Shares	1.0%	+630555%	40q held	$1.86B
43	COF	Capital One Financial Corp	1.0%		40q held	$1.83B
44	TRU	Transunion	0.9%	+49%	3q held	$1.75B
45	UBS	Ubs Group AG	0.9%		32q held	$1.67B
46	ELAN	Elanco Animal Health Inc	0.9%		21q held	$1.66B
47	TMO	Thermo Fisher Scientific Inc	0.8%	+11767%	40q held	$1.53B
48	HLN	Haleon Plc-adr	0.7%		16q held	$1.40B
49	SU	Suncor Energy Inc	0.7%		40q held	$1.36B
50	INCY	Incyte Corp	0.7%		31q held	$1.36B
51	LPLA	Lpl Financial Holdings Inc	0.7%		8q held	$1.29B
52	CPNG	Coupang Inc	0.7%		9q held	$1.25B
53	D	Dominion Energy Inc	0.7%		36q held	$1.25B
54	BAX	Baxter International Inc	0.7%		33q held	$1.24B
55	SNY	Sanofi-adr	0.6%		40q held	$1.20B
56	AVTR	Avantor Inc	0.6%		12q held	$1.19B
57	AEP	American Electric Power	0.6%		10q held	$1.19B
58	SUI	Sun Communities Inc	0.6%	-33%	10q held	$1.14B
59	FDXF	Fedex Freight Holding CO	0.6%	New	— 1q held	$1.08B
60	ADM	Archer-daniels-midland CO	0.6%		5q held	$1.08B
61	TDY	Teledyne Technologies Inc	0.6%		5q held	$1.08B
62	TMUS	T-mobile US Inc	0.6%		25q held	$1.06B
63	RAL	Ralliant Corp	0.5%		5q held	$1.03B
64	G2519Y108	Credicorp, Ltd.	0.5%	-23%	24q held	$1.02B
65	NVO	Novo-nordisk A/s-spons Adr	0.5%		2q held	$978M
66	COP	Conocophillips	0.5%		40q held	$963M
67	CX	Cemex Sab-spons Adr Part Cer	0.5%		40q held	$962M
68	BABA	Alibaba Group Holding-sp Adr	0.5%		31q held	$956M
69	NBIX	Neurocrine Biosciences Inc	0.5%		12q held	$941M
70	HPQ	HP Inc	0.5%		40q held	$935M
71	BMRN	Biomarin Pharmaceutical Inc	0.4%		27q held	$849M
72	FCNCA	First Citizens Bcshs -cl A	0.4%		3q held	$841M
73	NSC	Norfolk Southern Corp	0.4%	-60%	40q held	$789M
74	L6388F110	Millicom International Cellular SA	0.4%		6q held	$746M
75	TAP	Molson Coors Beverage CO - B	0.4%		33q held	$743M
76	KKR	Kkr & CO Inc	0.4%	New	— 1q held	$740M
77	CE	Celanese Corp	0.4%		40q held	$703M
78	LIN	Linde Plc	0.4%		14q held	$688M
79	TSM	Taiwan Semiconductor-sp Adr	0.4%	+1237%	11q held	$688M
80	ADBE	Adobe Inc	0.3%	+25%	40q held	$639M
81	MDT	Medtronic Plc	0.3%		40q held	$616M
82	GLPI	Gaming And Leisure Propertie	0.3%		18q held	$613M
83	ALNY	Alnylam Pharmaceuticals Inc	0.3%		40q held	$589M
84	FOXA	Fox Corp - Class A	0.3%		30q held	$585M
85	CTSH	Cognizant Tech Solutions-a	0.3%		29q held	$563M
86	G98239109	Xp, Inc.	0.3%		19q held	$529M
87	MCHP	Microchip Technology Inc	0.3%		32q held	$505M
88	AEG	Aegon Ltd-ny Reg Shr	0.2%		11q held	$377M
89	VFC	VF Corp	0.2%	-32%	15q held	$374M
90	PDD	Pdd Holdings Inc	0.2%		3q held	$347M
91	BNTX	Biontech Se-adr	0.2%		5q held	$342M
92	YUMC	Yum China Holdings Inc	0.2%		21q held	$342M
93	FOX	Fox Corp - Class B	0.2%		30q held	$340M
94	TRP	TC Energy Corp	0.2%	-43%	24q held	$334M
95	NWSA	News Corp - Class A	0.2%		40q held	$311M
96	JD	Jd.com Inc-adr	0.2%		40q held	$311M
97	NTES	Netease Inc-adr	0.1%		21q held	$277M
98	GE	General Electric	0.1%		20q held	$224M
99	COHR	Coherent Corp	0.1%		16q held	$215M
100	HDB	Hdfc Bank Ltd-adr	0.1%		11q held	$173M
101	VSNT	Versant Media Group Inc	0.1%		2q held	$161M
102	ITUB	Itau Unibanco H-spon Prf Adr	0.1%		40q held	$149M
103	GEV	GE Vernova Inc	0.1%		9q held	$144M
104	GS	Goldman Sachs Group Inc	0.1%	-90%	40q held	$136M
105	NVS	Novartis Ag-sponsored Adr	0.1%	-89%	40q held	$119M
106	BAC	Bank OF America Corp	0.1%		40q held	$99M
107	AXP	American Express CO	<0.1%		40q held	$92M
108	FMS	Fresenius Medical Care-adr	<0.1%		18q held	$87M
109	CDNS	Cadence Design Sys Inc	<0.1%		40q held	$86M
110	UNP	Union Pacific Corp	<0.1%		40q held	$71M
111	WMB	Williams Cos Inc	<0.1%		25q held	$70M
112	FLUT	Flutter Entertainment Plc	<0.1%		10q held	$64M
113	LLY	Eli Lilly & CO	<0.1%		40q held	$49M
114	DHR	Danaher Corp	<0.1%	+1463%	40q held	$49M
115	G6375R107	National Energy Services Reunited Corp.	<0.1%		15q held	$48M
116	CAT	Caterpillar Inc	<0.1%		40q held	$42M
117	JPM	Jpmorgan Chase & CO	<0.1%		40q held	$38M
118	CVX	Chevron Corp	<0.1%		40q held	$34M
119	TRV	Travelers Cos Inc/the	<0.1%		40q held	$30M
120	G61188101	Liberty Global, Ltd.	<0.1%		11q held	$27M
121	DIS	Walt Disney Co/the	<0.1%		40q held	$25M
122	KSPI	Jsc Kaspi.kz Adr	<0.1%	+20%	10q held	$22M
123	WMT	Walmart Inc	<0.1%		40q held	$20M
124	MRK	Merck & Co. Inc.	<0.1%		40q held	$17M
125	ACMR	Acm Research Inc-class A	<0.1%		8q held	$15M
126	PG	Procter & Gamble Co/the	<0.1%		40q held	$13M
127	IBM	Intl Business Machines Corp	<0.1%		40q held	$13M
128	TGT	Target Corp	<0.1%		40q held	$12M
129	AZN	Astrazeneca Plc	<0.1%		2q held	$11M
130	CSCO	Cisco Systems Inc	<0.1%		40q held	$10M
131	XOM	Exxon Mobil Corp	<0.1%		40q held	$10M
132	AAPL	Apple Inc	<0.1%		40q held	$9M
133	GLW	Corning Inc	<0.1%		40q held	$9M
134	DE	Deere & CO	<0.1%		40q held	$8M
135	HD	Home Depot Inc	<0.1%		40q held	$8M
136	ADI	Analog Devices Inc	<0.1%		20q held	$8M
137	DELL	Dell Technologies -C	<0.1%		31q held	$7M
138	AVGO	Broadcom Inc	<0.1%		11q held	$7M
139	VMC	Vulcan Materials CO	<0.1%		40q held	$7M
140	BRK/B	Berkshire Hathaway Inc-cl B	<0.1%		40q held	$6M
141	STT	State Street Corp	<0.1%	-99%	40q held	$6M
142	JNJ	Johnson & Johnson	<0.1%		40q held	$5M
143	AMGN	Amgen Inc	<0.1%		40q held	$5M
144	SLB	Slb Ltd	<0.1%		40q held	$5M
145	MSI	Motorola Solutions Inc	<0.1%		40q held	$5M
146	SNPS	Synopsys Inc	<0.1%		40q held	$5M
147	SHEL	Shell Plc-adr	<0.1%		18q held	$4M
148	TBBB	Bbb Foods, Inc.	<0.1%		2q held	$4M
149	BSX	Boston Scientific Corp	<0.1%		40q held	$4M
150	Y4600W108	Karooooo, Ltd.	<0.1%	+65%	3q held	$3M
151	PNC	Pnc Financial Services Group	<0.1%		40q held	$3M
152	MELI	Mercadolibre Inc	<0.1%		4q held	$3M
153	BRK/A	Berkshire Hathaway Inc-cl A	<0.1%		40q held	$3M
154	PM	Philip Morris International	<0.1%		40q held	$3M
155	BIDU	Baidu Inc - Spon Adr	<0.1%		40q held	$3M
156	HPE	Hewlett Packard Enterprise	<0.1%		40q held	$3M
157	JOYY	Joyy Inc-adr	<0.1%		17q held	$3M
158	ABBV	Abbvie Inc	<0.1%		40q held	$3M
159	VIPS	Vipshop Holdings Ltd - Adr	<0.1%		20q held	$3M
160	PH	Parker Hannifin Corp	<0.1%		40q held	$2M
161	BMY	Bristol-myers Squibb CO	<0.1%	-99%	40q held	$2M
162	SE	Sea Ltd-adr	<0.1%	New	8q held	$2M
163	SPGI	S&p Global Inc	<0.1%		40q held	$2M
164	PFE	Pfizer Inc	<0.1%		40q held	$2M
165	NEE	Nextera Energy Inc	<0.1%		40q held	$2M
166	TCOM	Trip.com Group Ltd-adr	<0.1%		20q held	$2M
167	KO	Coca-cola Co/the	<0.1%		40q held	$2M
168	MCD	Mcdonald's Corp	<0.1%		40q held	$2M
169	CTVA	Corteva Inc	<0.1%		29q held	$2M
170	ABT	Abbott Laboratories	<0.1%		40q held	$2M
171	ZH	Zhihu Inc - Adr	<0.1%		4q held	$2M
172	MO	Altria Group Inc	<0.1%		40q held	$1M
173	ATAT	Atour Lifestyle Holdings-adr	<0.1%	+62%	3q held	$1M
174	NUE	Nucor Corp	<0.1%		40q held	$1M
175	LVS	Las Vegas Sands Corp	<0.1%		16q held	$1M
176	CL	Colgate-palmolive CO	<0.1%		40q held	$1M
177	G69451105	Patria Investments, Ltd.	<0.1%	+120%	6q held	$1M
178	MMM	3M CO	<0.1%		40q held	$1M
179	P31076105	Copa Holdings SA	<0.1%	+21%	16q held	$1M
180	Q	Qnity Electronics Inc	<0.1%		3q held	$1M
181	P5626F128	Intercorp Financial Services, Inc.	<0.1%		11q held	$991K
182	LAUR	Laureate Education Inc	<0.1%	+25%	5q held	$988K
183	TFC	Truist Financial Corp	0.0%		27q held	$954K
184	G0457F107	Arcos Dorados Holdings, Inc.	0.0%		7q held	$911K
185	438516205	Honeywell International, Inc.	0.0%	New	— 1q held	$898K
186	DEO	Diageo Plc-sponsored Adr	0.0%		40q held	$890K
187	43849R105	Honeywell Aerospace, Inc.	0.0%	New	— 1q held	$886K
188	G38327105	Geopark, Ltd.	0.0%		16q held	$847K
189	ASR	Grupo Aeroportuario Sur-adr	0.0%	+110%	7q held	$807K
190	G29018101	Dlocal, Ltd.	0.0%	+38%	9q held	$799K
191	N4732M103	Jbs NV	0.0%	+50%	5q held	$797K
192	ABEV	Ambev Sa-adr	0.0%		7q held	$793K
193	G01125106	Afya, Ltd.	0.0%		14q held	$761K
194	AMP	Ameriprise Financial Inc	0.0%		40q held	$688K
195	MDLZ	Mondelez International Inc-a	0.0%		40q held	$685K
196	BLK	Blackrock Inc	0.0%		7q held	$684K
197	NVDA	Nvidia Corp	0.0%		5q held	$680K
198	26614N201	Dupont DE Nemours, Inc.	0.0%	New	— 1q held	$638K
199	APA	Apa Corp	0.0%		22q held	$635K
200	ALL	Allstate Corp	0.0%		40q held	$617K
201	MCO	Moody's Corp	0.0%		40q held	$549K
202	GPC	Genuine Parts CO	0.0%		40q held	$525K
203	ELV	Elevance Health Inc	0.0%		40q held	$503K
204	PBR	Petroleo Brasileiro-spon Adr	0.0%		21q held	$485K
205	PSX	Phillips 66	0.0%		40q held	$440K
206	PEP	Pepsico Inc	0.0%		40q held	$416K
207	LMT	Lockheed Martin Corp	0.0%		32q held	$395K
208	FUTU	Futu Holdings Ltd-adr	0.0%	New	— 1q held	$394K
209	GIS	General Mills Inc	0.0%		40q held	$390K
210	OTIS	Otis Worldwide Corp	0.0%		25q held	$373K
211	UL	Unilever Plc-sponsored Adr	0.0%		3q held	$315K
212	CTAS	Cintas Corp	0.0%		17q held	$306K
213	MGM	Mgm Resorts International	0.0%		7q held	$287K
214	RIO	Rio Tinto Plc-spon Adr	0.0%		39q held	$285K
215	LYV	Live Nation Entertainment IN	0.0%		7q held	$275K
216	PPG	Ppg Industries Inc	0.0%		39q held	$267K
217	DOW	Dow Inc	0.0%		29q held	$249K
218	CB	Chubb, Ltd.	0.0%		32q held	$246K
219	VZ	Verizon Communications Inc	0.0%		39q held	$233K
220	VOO	Vanguard S&p 500 Etf	0.0%	New	5q held	$206K
221	AMG	Affiliated Managers Group	0.0%	New	5q held	$203K
222	CIG	Cia Energetica De-spon Adr	0.0%		7q held	$32K

Sort↑

1JCI
port4.3%
val$8.15B
Johnson Controls International Plc
this Q hold·40q
2SCHW
port3.7%
val$7.10B
Schwab (charles) Corp
this Q hold·40q
3RTX
port3.5%
val$6.66B
Rtx Corp
this Q hold·25q
4CVS
port2.7%
val$5.17B
Cvs Health Corp
this Q hold·32q
5MSFT
port2.5%
val$4.79B
Microsoft Corp
this Q hold·40q
6BKNG
port2.4%
val$4.55B
Booking Holdings Inc
this Q hold·34q
7HUM
port2.3%
val$4.35B
Humana Inc
this Q hold·9q
8GOOG
port2.2%
val$4.23B
Alphabet Inc-cl C
this Q hold·40q
9MET
port2.1%
val$4.10B
Metlife Inc
this Q hold·40q
10SUNB
port2.1%
val$4.10B
Sunbelt Rentals Holdings Inc
this Q hold·2q
11AMZN
port2.1%
val$3.98B
Amazon.com Inc
this Q hold·40q
12GOOGL
port2.0%
val$3.81B
Alphabet Inc-cl A
this Q hold·40q
13UNH
port2.0%
val$3.77B
Unitedhealth Group Inc
this Q hold·40q
14META
port1.9%
val$3.66B
Meta Platforms Inc-class A
this Q +29%·25q
15OXY
port1.9%
val$3.53B
Occidental Petroleum Corp
this Q hold·40q
16TEL
port1.8%
val$3.42B
TE Connectivity Plc
this Q hold·8q
17CI
port1.8%
val$3.36B
The Cigna Group
this Q hold·31q
18REGN
port1.6%
val$3.04B
Regeneron Pharmaceuticals
this Q hold·19q
19GILD
port1.6%
val$2.99B
Gilead Sciences Inc
this Q hold·40q
20IFF
port1.5%
val$2.93B
Intl Flavors & Fragrances
this Q hold·11q
21AON
port1.5%
val$2.85B
Aon Plc
this Q hold·4q
22CMCSA
port1.5%
val$2.85B
Comcast Corp-class A
this Q hold·40q
23APD
port1.4%
val$2.75B
Air Products & Chemicals Inc
this Q hold·40q
24FTV
port1.4%
val$2.69B
Fortive Corp
this Q hold·9q
25BN
port1.4%
val$2.61B
Brookfield Corp
this Q hold·3q
26WFC
port1.4%
val$2.59B
Wells Fargo & CO
this Q hold·40q
27GSK
port1.3%
val$2.53B
Gsk Plc-spon Adr
this Q hold·16q
28FISV
port1.3%
val$2.46B
Fiserv Inc
this Q hold·23q
29BUD
port1.3%
val$2.43B
Anheuser-busch Inbev-spn Adr
this Q hold·19q
30GEHC
port1.3%
val$2.42B
GE Healthcare Technology
this Q +21%·14q
31BK
port1.3%
val$2.40B
Bank OF New York Mellon Corp
this Q -29%·40q
32ROP
port1.3%
val$2.39B
Roper Technologies Inc
this Q +111%·3q
33FDX
port1.2%
val$2.26B
Fedex Corp
this Q -28%·40q
34SBAC
port1.1%
val$2.17B
Sba Communications Corp
this Q hold·8q
35AJG
port1.1%
val$2.15B
Arthur J Gallagher & CO
this Q +27%·3q
36CHTR
port1.1%
val$2.14B
Charter Communications Inc-a
this Q hold·40q
37WTW
port1.1%
val$2.10B
Willis Towers Watson Plc
this Q hold·5q
38ZBH
port1.1%
val$2.08B
Zimmer Biomet Holdings Inc
this Q hold·18q
39CARR
port1.1%
val$2.02B
Carrier Global Corp
this Q hold·25q
40BKR
port1.0%
val$1.93B
Baker Hughes CO
this Q hold·36q
41FIS
port1.0%
val$1.91B
Fidelity National Info Serv
this Q hold·18q
42V
port1.0%
val$1.86B
Visa Inc-class A Shares
this Q +630555%·40q
43COF
port1.0%
val$1.83B
Capital One Financial Corp
this Q hold·40q
44TRU
port0.9%
val$1.75B
Transunion
this Q +49%·3q
45UBS
port0.9%
val$1.67B
Ubs Group AG
this Q hold·32q
46ELAN
port0.9%
val$1.66B
Elanco Animal Health Inc
this Q hold·21q
47TMO
port0.8%
val$1.53B
Thermo Fisher Scientific Inc
this Q +11767%·40q
48HLN
port0.7%
val$1.40B
Haleon Plc-adr
this Q hold·16q
49SU
port0.7%
val$1.36B
Suncor Energy Inc
this Q hold·40q
50INCY
port0.7%
val$1.36B
Incyte Corp
this Q hold·31q
51LPLA
port0.7%
val$1.29B
Lpl Financial Holdings Inc
this Q hold·8q
52CPNG
port0.7%
val$1.25B
Coupang Inc
this Q hold·9q
53D
port0.7%
val$1.25B
Dominion Energy Inc
this Q hold·36q
54BAX
port0.7%
val$1.24B
Baxter International Inc
this Q hold·33q
55SNY
port0.6%
val$1.20B
Sanofi-adr
this Q hold·40q
56AVTR
port0.6%
val$1.19B
Avantor Inc
this Q hold·12q
57AEP
port0.6%
val$1.19B
American Electric Power
this Q hold·10q
58SUI
port0.6%
val$1.14B
Sun Communities Inc
this Q -33%·10q
59FDXF
port0.6%
val$1.08B
Fedex Freight Holding CO
this Q New·—1q
60ADM
port0.6%
val$1.08B
Archer-daniels-midland CO
this Q hold·5q
61TDY
port0.6%
val$1.08B
Teledyne Technologies Inc
this Q hold·5q
62TMUS
port0.6%
val$1.06B
T-mobile US Inc
this Q hold·25q
63RAL
port0.5%
val$1.03B
Ralliant Corp
this Q hold·5q
64G2519Y108
port0.5%
val$1.02B
Credicorp, Ltd.
this Q -23%·24q
65NVO
port0.5%
val$978M
Novo-nordisk A/s-spons Adr
this Q hold·2q
66COP
port0.5%
val$963M
Conocophillips
this Q hold·40q
67CX
port0.5%
val$962M
Cemex Sab-spons Adr Part Cer
this Q hold·40q
68BABA
port0.5%
val$956M
Alibaba Group Holding-sp Adr
this Q hold·31q
69NBIX
port0.5%
val$941M
Neurocrine Biosciences Inc
this Q hold·12q
70HPQ
port0.5%
val$935M
HP Inc
this Q hold·40q
71BMRN
port0.4%
val$849M
Biomarin Pharmaceutical Inc
this Q hold·27q
72FCNCA
port0.4%
val$841M
First Citizens Bcshs -cl A
this Q hold·3q
73NSC
port0.4%
val$789M
Norfolk Southern Corp
this Q -60%·40q
74L6388F110
port0.4%
val$746M
Millicom International Cellular SA
this Q hold·6q
75TAP
port0.4%
val$743M
Molson Coors Beverage CO - B
this Q hold·33q
76KKR
port0.4%
val$740M
Kkr & CO Inc
this Q New·—1q
77CE
port0.4%
val$703M
Celanese Corp
this Q hold·40q
78LIN
port0.4%
val$688M
Linde Plc
this Q hold·14q
79TSM
port0.4%
val$688M
Taiwan Semiconductor-sp Adr
this Q +1237%·11q
80ADBE
port0.3%
val$639M
Adobe Inc
this Q +25%·40q
81MDT
port0.3%
val$616M
Medtronic Plc
this Q hold·40q
82GLPI
port0.3%
val$613M
Gaming And Leisure Propertie
this Q hold·18q
83ALNY
port0.3%
val$589M
Alnylam Pharmaceuticals Inc
this Q hold·40q
84FOXA
port0.3%
val$585M
Fox Corp - Class A
this Q hold·30q
85CTSH
port0.3%
val$563M
Cognizant Tech Solutions-a
this Q hold·29q
86G98239109
port0.3%
val$529M
Xp, Inc.
this Q hold·19q
87MCHP
port0.3%
val$505M
Microchip Technology Inc
this Q hold·32q
88AEG
port0.2%
val$377M
Aegon Ltd-ny Reg Shr
this Q hold·11q
89VFC
port0.2%
val$374M
VF Corp
this Q -32%·15q
90PDD
port0.2%
val$347M
Pdd Holdings Inc
this Q hold·3q
91BNTX
port0.2%
val$342M
Biontech Se-adr
this Q hold·5q
92YUMC
port0.2%
val$342M
Yum China Holdings Inc
this Q hold·21q
93FOX
port0.2%
val$340M
Fox Corp - Class B
this Q hold·30q
94TRP
port0.2%
val$334M
TC Energy Corp
this Q -43%·24q
95NWSA
port0.2%
val$311M
News Corp - Class A
this Q hold·40q
96JD
port0.2%
val$311M
Jd.com Inc-adr
this Q hold·40q
97NTES
port0.1%
val$277M
Netease Inc-adr
this Q hold·21q
98GE
port0.1%
val$224M
General Electric
this Q hold·20q
99COHR
port0.1%
val$215M
Coherent Corp
this Q hold·16q
100HDB
port0.1%
val$173M
Hdfc Bank Ltd-adr
this Q hold·11q
101VSNT
port0.1%
val$161M
Versant Media Group Inc
this Q hold·2q
102ITUB
port0.1%
val$149M
Itau Unibanco H-spon Prf Adr
this Q hold·40q
103GEV
port0.1%
val$144M
GE Vernova Inc
this Q hold·9q
104GS
port0.1%
val$136M
Goldman Sachs Group Inc
this Q -90%·40q
105NVS
port0.1%
val$119M
Novartis Ag-sponsored Adr
this Q -89%·40q
106BAC
port0.1%
val$99M
Bank OF America Corp
this Q hold·40q
107AXP
port<0.1%
val$92M
American Express CO
this Q hold·40q
108FMS
port<0.1%
val$87M
Fresenius Medical Care-adr
this Q hold·18q
109CDNS
port<0.1%
val$86M
Cadence Design Sys Inc
this Q hold·40q
110UNP
port<0.1%
val$71M
Union Pacific Corp
this Q hold·40q
111WMB
port<0.1%
val$70M
Williams Cos Inc
this Q hold·25q
112FLUT
port<0.1%
val$64M
Flutter Entertainment Plc
this Q hold·10q
113LLY
port<0.1%
val$49M
Eli Lilly & CO
this Q hold·40q
114DHR
port<0.1%
val$49M
Danaher Corp
this Q +1463%·40q
115G6375R107
port<0.1%
val$48M
National Energy Services Reunited Corp.
this Q hold·15q
116CAT
port<0.1%
val$42M
Caterpillar Inc
this Q hold·40q
117JPM
port<0.1%
val$38M
Jpmorgan Chase & CO
this Q hold·40q
118CVX
port<0.1%
val$34M
Chevron Corp
this Q hold·40q
119TRV
port<0.1%
val$30M
Travelers Cos Inc/the
this Q hold·40q
120G61188101
port<0.1%
val$27M
Liberty Global, Ltd.
this Q hold·11q
121DIS
port<0.1%
val$25M
Walt Disney Co/the
this Q hold·40q
122KSPI
port<0.1%
val$22M
Jsc Kaspi.kz Adr
this Q +20%·10q
123WMT
port<0.1%
val$20M
Walmart Inc
this Q hold·40q
124MRK
port<0.1%
val$17M
Merck & Co. Inc.
this Q hold·40q
125ACMR
port<0.1%
val$15M
Acm Research Inc-class A
this Q hold·8q
126PG
port<0.1%
val$13M
Procter & Gamble Co/the
this Q hold·40q
127IBM
port<0.1%
val$13M
Intl Business Machines Corp
this Q hold·40q
128TGT
port<0.1%
val$12M
Target Corp
this Q hold·40q
129AZN
port<0.1%
val$11M
Astrazeneca Plc
this Q hold·2q
130CSCO
port<0.1%
val$10M
Cisco Systems Inc
this Q hold·40q
131XOM
port<0.1%
val$10M
Exxon Mobil Corp
this Q hold·40q
132AAPL
port<0.1%
val$9M
Apple Inc
this Q hold·40q
133GLW
port<0.1%
val$9M
Corning Inc
this Q hold·40q
134DE
port<0.1%
val$8M
Deere & CO
this Q hold·40q
135HD
port<0.1%
val$8M
Home Depot Inc
this Q hold·40q
136ADI
port<0.1%
val$8M
Analog Devices Inc
this Q hold·20q
137DELL
port<0.1%
val$7M
Dell Technologies -C
this Q hold·31q
138AVGO
port<0.1%
val$7M
Broadcom Inc
this Q hold·11q
139VMC
port<0.1%
val$7M
Vulcan Materials CO
this Q hold·40q
140BRK/B
port<0.1%
val$6M
Berkshire Hathaway Inc-cl B
this Q hold·40q
141STT
port<0.1%
val$6M
State Street Corp
this Q -99%·40q
142JNJ
port<0.1%
val$5M
Johnson & Johnson
this Q hold·40q
143AMGN
port<0.1%
val$5M
Amgen Inc
this Q hold·40q
144SLB
port<0.1%
val$5M
Slb Ltd
this Q hold·40q
145MSI
port<0.1%
val$5M
Motorola Solutions Inc
this Q hold·40q
146SNPS
port<0.1%
val$5M
Synopsys Inc
this Q hold·40q
147SHEL
port<0.1%
val$4M
Shell Plc-adr
this Q hold·18q
148TBBB
port<0.1%
val$4M
Bbb Foods, Inc.
this Q hold·2q
149BSX
port<0.1%
val$4M
Boston Scientific Corp
this Q hold·40q
150Y4600W108
port<0.1%
val$3M
Karooooo, Ltd.
this Q +65%·3q
151PNC
port<0.1%
val$3M
Pnc Financial Services Group
this Q hold·40q
152MELI
port<0.1%
val$3M
Mercadolibre Inc
this Q hold·4q
153BRK/A
port<0.1%
val$3M
Berkshire Hathaway Inc-cl A
this Q hold·40q
154PM
port<0.1%
val$3M
Philip Morris International
this Q hold·40q
155BIDU
port<0.1%
val$3M
Baidu Inc - Spon Adr
this Q hold·40q
156HPE
port<0.1%
val$3M
Hewlett Packard Enterprise
this Q hold·40q
157JOYY
port<0.1%
val$3M
Joyy Inc-adr
this Q hold·17q
158ABBV
port<0.1%
val$3M
Abbvie Inc
this Q hold·40q
159VIPS
port<0.1%
val$3M
Vipshop Holdings Ltd - Adr
this Q hold·20q
160PH
port<0.1%
val$2M
Parker Hannifin Corp
this Q hold·40q
161BMY
port<0.1%
val$2M
Bristol-myers Squibb CO
this Q -99%·40q
162SE
port<0.1%
val$2M
Sea Ltd-adr
this Q New·8q
163SPGI
port<0.1%
val$2M
S&p Global Inc
this Q hold·40q
164PFE
port<0.1%
val$2M
Pfizer Inc
this Q hold·40q
165NEE
port<0.1%
val$2M
Nextera Energy Inc
this Q hold·40q
166TCOM
port<0.1%
val$2M
Trip.com Group Ltd-adr
this Q hold·20q
167KO
port<0.1%
val$2M
Coca-cola Co/the
this Q hold·40q
168MCD
port<0.1%
val$2M
Mcdonald's Corp
this Q hold·40q
169CTVA
port<0.1%
val$2M
Corteva Inc
this Q hold·29q
170ABT
port<0.1%
val$2M
Abbott Laboratories
this Q hold·40q
171ZH
port<0.1%
val$2M
Zhihu Inc - Adr
this Q hold·4q
172MO
port<0.1%
val$1M
Altria Group Inc
this Q hold·40q
173ATAT
port<0.1%
val$1M
Atour Lifestyle Holdings-adr
this Q +62%·3q
174NUE
port<0.1%
val$1M
Nucor Corp
this Q hold·40q
175LVS
port<0.1%
val$1M
Las Vegas Sands Corp
this Q hold·16q
176CL
port<0.1%
val$1M
Colgate-palmolive CO
this Q hold·40q
177G69451105
port<0.1%
val$1M
Patria Investments, Ltd.
this Q +120%·6q
178MMM
port<0.1%
val$1M
3M CO
this Q hold·40q
179P31076105
port<0.1%
val$1M
Copa Holdings SA
this Q +21%·16q
180Q
port<0.1%
val$1M
Qnity Electronics Inc
this Q hold·3q
181P5626F128
port<0.1%
val$991K
Intercorp Financial Services, Inc.
this Q hold·11q
182LAUR
port<0.1%
val$988K
Laureate Education Inc
this Q +25%·5q
183TFC
port0.0%
val$954K
Truist Financial Corp
this Q hold·27q
184G0457F107
port0.0%
val$911K
Arcos Dorados Holdings, Inc.
this Q hold·7q
185438516205
port0.0%
val$898K
Honeywell International, Inc.
this Q New·—1q
186DEO
port0.0%
val$890K
Diageo Plc-sponsored Adr
this Q hold·40q
18743849R105
port0.0%
val$886K
Honeywell Aerospace, Inc.
this Q New·—1q
188G38327105
port0.0%
val$847K
Geopark, Ltd.
this Q hold·16q
189ASR
port0.0%
val$807K
Grupo Aeroportuario Sur-adr
this Q +110%·7q
190G29018101
port0.0%
val$799K
Dlocal, Ltd.
this Q +38%·9q
191N4732M103
port0.0%
val$797K
Jbs NV
this Q +50%·5q
192ABEV
port0.0%
val$793K
Ambev Sa-adr
this Q hold·7q
193G01125106
port0.0%
val$761K
Afya, Ltd.
this Q hold·14q
194AMP
port0.0%
val$688K
Ameriprise Financial Inc
this Q hold·40q
195MDLZ
port0.0%
val$685K
Mondelez International Inc-a
this Q hold·40q
196BLK
port0.0%
val$684K
Blackrock Inc
this Q hold·7q
197NVDA
port0.0%
val$680K
Nvidia Corp
this Q hold·5q
19826614N201
port0.0%
val$638K
Dupont DE Nemours, Inc.
this Q New·—1q
199APA
port0.0%
val$635K
Apa Corp
this Q hold·22q
200ALL
port0.0%
val$617K
Allstate Corp
this Q hold·40q
201MCO
port0.0%
val$549K
Moody's Corp
this Q hold·40q
202GPC
port0.0%
val$525K
Genuine Parts CO
this Q hold·40q
203ELV
port0.0%
val$503K
Elevance Health Inc
this Q hold·40q
204PBR
port0.0%
val$485K
Petroleo Brasileiro-spon Adr
this Q hold·21q
205PSX
port0.0%
val$440K
Phillips 66
this Q hold·40q
206PEP
port0.0%
val$416K
Pepsico Inc
this Q hold·40q
207LMT
port0.0%
val$395K
Lockheed Martin Corp
this Q hold·32q
208FUTU
port0.0%
val$394K
Futu Holdings Ltd-adr
this Q New·—1q
209GIS
port0.0%
val$390K
General Mills Inc
this Q hold·40q
210OTIS
port0.0%
val$373K
Otis Worldwide Corp
this Q hold·25q
211UL
port0.0%
val$315K
Unilever Plc-sponsored Adr
this Q hold·3q
212CTAS
port0.0%
val$306K
Cintas Corp
this Q hold·17q
213MGM
port0.0%
val$287K
Mgm Resorts International
this Q hold·7q
214RIO
port0.0%
val$285K
Rio Tinto Plc-spon Adr
this Q hold·39q
215LYV
port0.0%
val$275K
Live Nation Entertainment IN
this Q hold·7q
216PPG
port0.0%
val$267K
Ppg Industries Inc
this Q hold·39q
217DOW
port0.0%
val$249K
Dow Inc
this Q hold·29q
218CB
port0.0%
val$246K
Chubb, Ltd.
this Q hold·32q
219VZ
port0.0%
val$233K
Verizon Communications Inc
this Q hold·39q
220VOO
port0.0%
val$206K
Vanguard S&p 500 Etf
this Q New·5q
221AMG
port0.0%
val$203K
Affiliated Managers Group
this Q New·5q
222CIG
port0.0%
val$32K
Cia Energetica De-spon Adr
this Q hold·7q

Beyond the 13F

as of 2026-06-30 (funds report between 2026-03-31 and 2026-06-30)

Across Dodge & Cox Funds’s registered funds — $325.98B disclosed in SEC Form N-PORT — just 44.6% sits in US-listed equity, the only slice a 13F reports. The other $180.63B is bonds, foreign listings and cash — none of which a 13F can show.

US-listed equity (13F-eligible) · $145.35BBonds & loans · $115.43BForeign-listed equity · $62.02BCash & equivalents · $3.18B

Where the hidden money is

United Kingdom		3.4%
Taiwan		2.6%
Germany		2.2%
France		1.8%
Switzerland		1.7%
Japan		1.6%
South Korea		1.1%
Spain		0.9%

+37 more countries

Largest positions no 13F shows

Taiwan Semiconductor Manufacturing Co., Ltd. · Taiwan · TWD	$4.19B
Taiwan Semiconductor Manufacturing Co., Ltd. · Taiwan · TWD	$3.16B
Fannie Mae · United States · USD	$3.04B
BNP Paribas SA · France · EUR	$2.42B
Infineon Technologies AG · Germany · EUR	$2.04B
SK hynix, Inc. · South Korea · KRW	$1.98B
Banco Santander SA · Spain · EUR	$1.98B
U.S. Treasury Note/Bond · United States · USD	$1.84B

From SEC Form N-PORT, which registered funds file with their full portfolio — every currency, asset class and short. Covers 7 funds. The percentage above is the composition of those funds, not a ratio between two filings: a 13F spans every discretionary account but only US-listed securities, while N-PORT covers only the registered funds but every asset inside them — different universes, so the totals are not comparable (the 13F itself reports $191.01B for 2026-06-30). None of this feeds the backtest above, which stays a pure 13F clone.

2026Q2 moves, by size (48)(expand ↓)

Ticker	Issuer	Move	% Port.	Δ Shares	Value
FDX	Fedex Corp	TRIM	1.2%	-28%	$2.26B
META	Meta Platforms Inc-class A	ADD	1.9%	+29%	$3.66B
BK	Bank OF New York Mellon Corp	TRIM	1.3%	-29%	$2.40B
GEHC	GE Healthcare Technology	ADD	1.3%	+21%	$2.42B
ROP	Roper Technologies Inc	ADD	1.3%	+111%	$2.39B
AJG	Arthur J Gallagher & CO	ADD	1.1%	+27%	$2.15B
SUI	Sun Communities Inc	TRIM	0.6%	-33%	$1.14B
NSC	Norfolk Southern Corp	TRIM	0.4%	-60%	$789M
V	Visa Inc-class A Shares	ADD	1.0%	+630555%	$1.86B
TRU	Transunion	ADD	0.9%	+49%	$1.75B
TMO	Thermo Fisher Scientific Inc	ADD	0.8%	+11767%	$1.53B
N53745100	Lyondellbasell Industries NV	EXIT	0.7%	-100%	$0
GS	Goldman Sachs Group Inc	TRIM	0.1%	-90%	$136M
G2519Y108	Credicorp, Ltd.	TRIM	0.5%	-23%	$1.02B
NVS	Novartis Ag-sponsored Adr	TRIM	0.1%	-89%	$119M
FDXF	Fedex Freight Holding CO	NEW	0.6%	+100%	$1.08B
KKR	Kkr & CO Inc	NEW	0.4%	+100%	$740M
TSM	Taiwan Semiconductor-sp Adr	ADD	0.4%	+1237%	$688M
ADBE	Adobe Inc	ADD	0.3%	+25%	$639M
VFC	VF Corp	TRIM	0.2%	-32%	$374M
TRP	TC Energy Corp	TRIM	0.2%	-43%	$334M
STT	State Street Corp	TRIM	<0.1%	-99%	$6M
BMY	Bristol-myers Squibb CO	TRIM	<0.1%	-99%	$2M
LBTYA	Liberty Global, Ltd.	EXIT	<0.1%	-100%	$0
DHR	Danaher Corp	ADD	<0.1%	+1463%	$49M
KSPI	Jsc Kaspi.kz Adr	ADD	<0.1%	+20%	$22M
Y4600W108	Karooooo, Ltd.	ADD	<0.1%	+65%	$3M
SE	Sea Ltd-adr	NEW	<0.1%	+100%	$2M
G69451105	Patria Investments, Ltd.	ADD	<0.1%	+120%	$1M
LAUR	Laureate Education Inc	ADD	<0.1%	+25%	$988K
P31076105	Copa Holdings SA	ADD	<0.1%	+21%	$1M
ATAT	Atour Lifestyle Holdings-adr	ADD	<0.1%	+62%	$1M
PSMT	Pricesmart Inc	EXIT	<0.1%	-100%	$0
EBAY	Ebay Inc	EXIT	<0.1%	-100%	$0
HON	Honeywell International Inc	EXIT	<0.1%	-100%	$0
FUTU	Futu Holdings Ltd-adr	NEW	0.0%	+100%	$394K
AMG	Affiliated Managers Group	NEW	0.0%	+100%	$203K
VOO	Vanguard S&p 500 Etf	NEW	0.0%	+100%	$206K
438516205	Honeywell International, Inc.	NEW	0.0%	+100%	$898K
26614N201	Dupont DE Nemours, Inc.	NEW	0.0%	+100%	$638K
43849R105	Honeywell Aerospace, Inc.	NEW	0.0%	+100%	$886K
ASR	Grupo Aeroportuario Sur-adr	ADD	0.0%	+110%	$807K
N4732M103	Jbs NV	ADD	0.0%	+50%	$797K
G29018101	Dlocal, Ltd.	ADD	0.0%	+38%	$799K
ISRG	Intuitive Surgical Inc	EXIT	0.0%	-100%	$0
LOMA	Loma Negra Cia Ind-spon Adr	EXIT	0.0%	-100%	$0
HAL	Halliburton CO	EXIT	0.0%	-100%	$0
DD	Dupont DE Nemours Inc	EXIT	0.0%	-100%	$0

TRIMFDX
1.2%
Fedex Corp
Δ -28%·$2.26B
ADDMETA
1.9%
Meta Platforms Inc-class A
Δ +29%·$3.66B
TRIMBK
1.3%
Bank OF New York Mellon Corp
Δ -29%·$2.40B
ADDGEHC
1.3%
GE Healthcare Technology
Δ +21%·$2.42B
ADDROP
1.3%
Roper Technologies Inc
Δ +111%·$2.39B
ADDAJG
1.1%
Arthur J Gallagher & CO
Δ +27%·$2.15B
TRIMSUI
0.6%
Sun Communities Inc
Δ -33%·$1.14B
TRIMNSC
0.4%
Norfolk Southern Corp
Δ -60%·$789M
ADDV
1.0%
Visa Inc-class A Shares
Δ +630555%·$1.86B
ADDTRU
0.9%
Transunion
Δ +49%·$1.75B
ADDTMO
0.8%
Thermo Fisher Scientific Inc
Δ +11767%·$1.53B
EXITN53745100
0.7%
Lyondellbasell Industries NV
Δ -100%·$0
TRIMGS
0.1%
Goldman Sachs Group Inc
Δ -90%·$136M
TRIMG2519Y108
0.5%
Credicorp, Ltd.
Δ -23%·$1.02B
TRIMNVS
0.1%
Novartis Ag-sponsored Adr
Δ -89%·$119M
NEWFDXF
0.6%
Fedex Freight Holding CO
Δ +100%·$1.08B
NEWKKR
0.4%
Kkr & CO Inc
Δ +100%·$740M
ADDTSM
0.4%
Taiwan Semiconductor-sp Adr
Δ +1237%·$688M
ADDADBE
0.3%
Adobe Inc
Δ +25%·$639M
TRIMVFC
0.2%
VF Corp
Δ -32%·$374M
TRIMTRP
0.2%
TC Energy Corp
Δ -43%·$334M
TRIMSTT
<0.1%
State Street Corp
Δ -99%·$6M
TRIMBMY
<0.1%
Bristol-myers Squibb CO
Δ -99%·$2M
EXITLBTYA
<0.1%
Liberty Global, Ltd.
Δ -100%·$0
ADDDHR
<0.1%
Danaher Corp
Δ +1463%·$49M
ADDKSPI
<0.1%
Jsc Kaspi.kz Adr
Δ +20%·$22M
ADDY4600W108
<0.1%
Karooooo, Ltd.
Δ +65%·$3M
NEWSE
<0.1%
Sea Ltd-adr
Δ +100%·$2M
ADDG69451105
<0.1%
Patria Investments, Ltd.
Δ +120%·$1M
ADDLAUR
<0.1%
Laureate Education Inc
Δ +25%·$988K
ADDP31076105
<0.1%
Copa Holdings SA
Δ +21%·$1M
ADDATAT
<0.1%
Atour Lifestyle Holdings-adr
Δ +62%·$1M
EXITPSMT
<0.1%
Pricesmart Inc
Δ -100%·$0
EXITEBAY
<0.1%
Ebay Inc
Δ -100%·$0
EXITHON
<0.1%
Honeywell International Inc
Δ -100%·$0
NEWFUTU
0.0%
Futu Holdings Ltd-adr
Δ +100%·$394K
NEWAMG
0.0%
Affiliated Managers Group
Δ +100%·$203K
NEWVOO
0.0%
Vanguard S&p 500 Etf
Δ +100%·$206K
NEW438516205
0.0%
Honeywell International, Inc.
Δ +100%·$898K
NEW26614N201
0.0%
Dupont DE Nemours, Inc.
Δ +100%·$638K
NEW43849R105
0.0%
Honeywell Aerospace, Inc.
Δ +100%·$886K
ADDASR
0.0%
Grupo Aeroportuario Sur-adr
Δ +110%·$807K
ADDN4732M103
0.0%
Jbs NV
Δ +50%·$797K
ADDG29018101
0.0%
Dlocal, Ltd.
Δ +38%·$799K
EXITISRG
0.0%
Intuitive Surgical Inc
Δ -100%·$0
EXITLOMA
0.0%
Loma Negra Cia Ind-spon Adr
Δ -100%·$0
EXITHAL
0.0%
Halliburton CO
Δ -100%·$0
EXITDD
0.0%
Dupont DE Nemours Inc
Δ -100%·$0

About Dodge & Cox Funds

Dodge & Cox is a San Francisco-based independent investment manager founded in 1930, operating a small suite of mutual funds—Stock, International Stock, Balanced, Income, and Global Stock—that collectively account for the bulk of its reported 13F equity exposure. The firm runs a deliberate, committee-driven value process: positions are built slowly, held for years, and sized across a broadly diversified book (222 positions, top-5 at roughly 17%) that reads more like a patient large-cap value index tilt than a concentrated conviction portfolio. The edge, to the extent one exists, is low turnover, low fees relative to active peers, and a willingness to hold unloved cyclicals and financials—names like OXY, SCHW, and RTX reflect that bias. The 13F is a reasonably clean representation of the long equity sleeve; Dodge & Cox does not run a significant derivatives or short book. The backtest gap of roughly −3% annually versus SPY over twelve years is consistent with value-style headwinds during that period, not necessarily strategy drift.

2026Q2 brief

Dodge & Cox's $191B, 222-position portfolio moved with its characteristic deliberateness in Q2 2026, but a few signals stand out. The firm's largest add was ROP (Roper Technologies), more than doubling (+111%) to 1.25% of the book—a notable conviction call on the industrial software compounder. META was added by 29% to 1.9%, suggesting the firm is warming further to mega-cap tech quality, while GEHC (+21%) and AJG (+27%) reflect continued healthcare and insurance brokerage exposure. On the trim side, NSC (Norfolk Southern) was cut nearly 60% to just 0.4%, a meaningful retreat from rails that contrasts with Klarman's UNP position, and BK and FDX were both trimmed ~28-29%. Full exits from LyondellBasell (previously 0.75%) and LBTYA align with peer behavior—Klarman also cut LBTYA. The initiation of KKR (0.4%) is thematically interesting as a nod to alternative asset managers. Watch whether ROP continues to build toward a top-10 slot and whether the tech adds (META, GOOG) signal a broader sector reallocation away from industrials.

AI-generated. Not investment advice.

Filing history

Dodge & Cox Funds's disclosed 13F portfolio value and position count by quarter — the trajectory across every SEC filing.

Disclosed portfolio value · Q3 2023 – Q2 2026now $191.01B · peak $191.01B (Q2 2026)

Quarter	Positions	Portfolio value
Q2 2026 — what changed →	222	$191.01B
Q1 2026 — what changed →	222	$181.98B
Q4 2025 — what changed →	222	$185.26B
Q3 2025 — what changed →	219	$185.33B
Q2 2025 — what changed →	219	$177.97B
Q1 2025 — what changed →	214	$175.45B
Q4 2024 holdings	214	$171.84B
Q3 2024 holdings	205	$176.83B
Q2 2024 holdings	202	$166.62B
Q1 2024 holdings	199	$172.38B
Q4 2023 holdings	197	$157.55B
Q3 2023 holdings	192	$148.40B

Values as disclosed at each quarter end. Older filings on EDGAR.

Multibaggers Dodge & Cox Funds held

Stocks up 5x or more since Dodge & Cox Funds first held them at conviction size — the holding record behind the returns. Longest unbroken run and largest book weight are shown for each.

OVV27.4xOVINTIV INC17q straight · peak 0.91%
AMZN13.8xAMAZON.COM INC47q straight · peak 2.19% · still holds
MSFT11.2xMICROSOFT CORP49q straight · peak 3.69% · still holds
GOOG10.6xALPHABET INC-CL C42q straight · peak 3.71% · still holds
GOOGL10.1xALPHABET INC-CL A42q straight · peak 1.83% · still holds
META10.0xMETA PLATFORMS INC-CLASS A24q straight · peak 1.79% · still holds

Six biggest of 18. Price multiple since the first quarter we observed a conviction holding (2014Q1 at the earliest), not Dodge & Cox Funds's realized return — entry price and trades between filings aren't disclosed. Peak weight is share of disclosed US 13F book. All 129 multibaggers the cohort held →

Frequently asked questions

What stocks does Dodge & Cox Funds own?: As of 2026Q2, Dodge & Cox Funds's 13F discloses 222 positions worth $191.01B. The top five holdings: JCI (4.3%), SCHW (3.7%), RTX (3.5%), CVS (2.7%), MSFT (2.5%). 13F filings cover long US-listed equities only — cash, bonds, shorts, and non-US positions are not disclosed.
What did Dodge & Cox Funds buy this quarter?: In 2026Q2, the filing shows 9 new positions and 19 additions to existing holdings. The largest positions touched by buying: META, GEHC, ROP, AJG, V.
How big is Dodge & Cox Funds's portfolio?: $191.01B across 222 positions per the latest 13F (filed Aug 13, 2026). The top five holdings account for 17% of the disclosed book.

Similar portfolios

Bill Nygren$75.16B

13 shared holdings · SCHW, COF, GOOGL

Viking Global Investors$35.08B

12 shared holdings · V, JCI, APD

First Pacific Advisors$8.08B

12 shared holdings · GOOGL, GOOG, IFF

Explore more

Highest conviction stocks Consensus stocks New positions this quarter Top holdings

Long US equity 13F-HR filings only — no shorts, no derivatives. SEC filings at EDGAR (CIK 0000200217). Not investment advice.