---
title: Dodge & Cox (Dodge & Cox) — 13F holdings
canonical: https://sweetvaluelab.com/investors/dodge-cox
cik: 0000200217
quarter: 2026-06-30
filed: 2026-08-13
---
# Dodge & Cox — Dodge & Cox

Latest 13F for the quarter ended Jun 30, 2026, filed Aug 13, 2026: 222 positions worth $191.0B. Against the quarter ended Mar 31, 2026: 9 bought, 71 added to, 50 unchanged, 92 reduced, 9 sold. The top five are 17% of the portfolio, the top ten 28%; 147 of the positions have a research page on this site.

## Holdings

| Ticker | Issuer | Shares | Value | % of portfolio | Change this quarter |
| --- | --- | ---: | ---: | ---: | --- |
| JCI | Johnson Controls International PLC | 55,776,006 | $8.1B | 4.3% | reduced (-3%) |
| SCHW | The Charles Schwab Corp. | 76,968,323 | $7.1B | 3.7% | added (+3%) |
| RTX | RTX Corp. | 35,113,249 | $6.7B | 3.5% | reduced (-1%) |
| CVS | CVS Health Corp. | 50,012,765 | $5.2B | 2.7% | reduced (-3%) |
| MSFT | Microsoft Corp. | 12,836,229 | $4.8B | 2.5% | added (+7%) |
| BKNG | Booking Holdings, Inc. | 25,536,950 | $4.6B | 2.4% | added (+2%) |
| HUM | Humana, Inc. | 10,940,380 | $4.3B | 2.3% | reduced (-4%) |
| GOOG | Alphabet, Inc. | 11,961,097 | $4.2B | 2.2% | reduced (-2%) |
| MET | MetLife, Inc. | 48,431,150 | $4.1B | 2.1% | reduced (-5%) |
| SUNB | Sunbelt Rentals Holdings, Inc. | 54,761,610 | $4.1B | 2.1% | added (+3%) |
| AMZN | Amazon.com, Inc. | 16,708,513 | $4.0B | 2.1% | added (+11%) |
| GOOGL | Alphabet, Inc. | 10,658,860 | $3.8B | 2.0% | added (+0%) |
| UNH | UnitedHealth Group, Inc. | 9,072,258 | $3.8B | 2.0% | reduced (-4%) |
| META | Meta Platforms, Inc. | 6,489,255 | $3.7B | 1.9% | added (+29%) |
| OXY | Occidental Petroleum Corp. | 72,764,944 | $3.5B | 1.9% | reduced (-2%) |
| TEL | TE Connectivity PLC | 16,968,886 | $3.4B | 1.8% | added (+16%) |
| CI | The Cigna Group | 12,173,875 | $3.4B | 1.8% | added (+5%) |
| REGN | Regeneron Pharmaceuticals, Inc. | 4,871,137 | $3.0B | 1.6% | added (+9%) |
| GILD | Gilead Sciences, Inc. | 23,677,567 | $3.0B | 1.6% | reduced (-2%) |
| IFF | International Flavors & Fragrances, Inc. | 37,007,037 | $2.9B | 1.5% | added (+1%) |
| AON | Aon PLC | 8,593,144 | $2.9B | 1.5% | added (+6%) |
| CMCSA | Comcast Corp. | 115,903,125 | $2.8B | 1.5% | added (+2%) |
| APD | Air Products & Chemicals, Inc. | 9,393,493 | $2.8B | 1.4% | added (+2%) |
| FTV | Fortive Corp. | 43,979,772 | $2.7B | 1.4% | added (+2%) |
| BN | Brookfield Corp. | 61,210,651 | $2.6B | 1.4% | added (+3%) |
| WFC | Wells Fargo & Co. | 31,328,076 | $2.6B | 1.4% | added (+1%) |
| GSK | GSK PLC | 48,197,514 | $2.5B | 1.3% | reduced (-18%) |
| FISV | Fiserv, Inc. | 50,194,946 | $2.5B | 1.3% | reduced (-0%) |
| BUD | Anheuser-Busch InBev SA/NV | 29,477,348 | $2.4B | 1.3% | reduced (-1%) |
| GEHC | GE HealthCare Technologies, Inc. | 37,864,164 | $2.4B | 1.3% | added (+21%) |
| BNY | The Bank of New York Mellon Corp. | 16,608,370 | $2.4B | 1.3% | reduced (-29%) |
| ROP | Roper Technologies, Inc. | 7,060,583 | $2.4B | 1.3% | added (+111%) |
| FDX | FedEx Corp. | 7,233,269 | $2.3B | 1.2% | reduced (-42%) |
| SBAC | SBA Communications Corp. | 12,323,254 | $2.2B | 1.1% | added (+2%) |
| AJG | Arthur J Gallagher & Co. | 9,363,634 | $2.1B | 1.1% | added (+27%) |
| CHTR | Charter Communications, Inc. | 15,032,214 | $2.1B | 1.1% | added (+3%) |
| WTW | Willis Towers Watson PLC | 8,025,392 | $2.1B | 1.1% | added (+9%) |
| ZBH | Zimmer Biomet Holdings, Inc. | 24,124,735 | $2.1B | 1.1% | added (+2%) |
| CARR | Carrier Global Corp. | 27,475,603 | $2.0B | 1.1% | added (+3%) |
| BKR | Baker Hughes Co. | 34,854,482 | $1.9B | 1.0% | reduced (-3%) |
| FIS | Fidelity National Information Services, Inc. | 49,069,080 | $1.9B | 1.0% | reduced (-0%) |
| V | Visa, Inc. | 5,417,326 | $1.9B | 1.0% | added (+630555%) |
| COF | Capital One Financial Corp. | 9,117,926 | $1.8B | 1.0% | added (+4%) |
| TRU | TransUnion | 24,196,211 | $1.7B | 0.9% | added (+49%) |
| UBS | UBS Group AG | 33,630,342 | $1.7B | 0.9% | reduced (-0%) |
| ELAN | Elanco Animal Health, Inc. | 67,397,025 | $1.7B | 0.9% | reduced (-2%) |
| TMO | Thermo Fisher Scientific, Inc. | 3,054,778 | $1.5B | 0.8% | added (+11767%) |
| HLN | Haleon PLC | 149,934,507 | $1.4B | 0.7% | added (+2%) |
| SU | Suncor Energy, Inc. | 25,366,554 | $1.4B | 0.7% | reduced (-3%) |
| INCY | Incyte Corp. | 11,957,326 | $1.4B | 0.7% | reduced (-2%) |
| LPLA | LPL Financial Holdings, Inc. | 4,578,679 | $1.3B | 0.7% | added (+10%) |
| CPNG | Coupang, Inc. | 72,194,220 | $1.3B | 0.7% | added (+0%) |
| D | Dominion Energy, Inc. | 18,303,470 | $1.2B | 0.7% | reduced (-6%) |
| BAX | Baxter International, Inc. | 58,386,345 | $1.2B | 0.7% | added (+2%) |
| SNY | Sanofi SA | 28,088,274 | $1.2B | 0.6% | reduced (-5%) |
| AVTR | Avantor, Inc. | 120,020,974 | $1.2B | 0.6% | added (+0%) |
| AEP | American Electric Power Co., Inc. | 8,674,355 | $1.2B | 0.6% | reduced (-1%) |
| SUI | Sun Communities, Inc. | 9,500,781 | $1.1B | 0.6% | reduced (-33%) |
| FDXF | Fedex Freight Holding Co., Inc. | 7,182,771 | $1.1B | 0.6% | bought |
| ADM | Archer-Daniels-Midland Co. | 14,182,325 | $1.1B | 0.6% | reduced (-10%) |
| TDY | Teledyne Technologies, Inc. | 1,612,837 | $1.1B | 0.6% | added (+1%) |
| TMUS | T-Mobile U.S., Inc. | 6,335,783 | $1.1B | 0.6% | added (+3%) |
| RAL | Ralliant Corp. | 14,005,203 | $1.0B | 0.5% | added (+2%) |
| BAP | Credicorp, Ltd. | 2,614,315 | $1.0B | 0.5% | reduced (-23%) |
| NVO | Novo Nordisk A/S | 20,397,110 | $977.8M | 0.5% | added (+6%) |
| COP | ConocoPhillips | 9,266,284 | $963.3M | 0.5% | reduced (-4%) |
| CX | Cemex SAB de CV | 80,187,637 | $962.3M | 0.5% | reduced (-6%) |
| BABA | Alibaba Group Holding, Ltd. | 9,957,970 | $955.8M | 0.5% | added (+0%) |
| NBIX | Neurocrine Biosciences, Inc. | 5,584,707 | $941.2M | 0.5% | added (+2%) |
| HPQ | HP, Inc. | 42,627,828 | $935.3M | 0.5% | added (+2%) |
| BMRN | BioMarin Pharmaceutical, Inc. | 14,844,930 | $849.4M | 0.4% | added (+2%) |
| FCNCA | First Citizens BancShares, Inc. | 404,215 | $841.1M | 0.4% | added (+3%) |
| NSC | Norfolk Southern Corp. | 2,508,128 | $789.0M | 0.4% | reduced (-60%) |
| TIGO | Millicom International Cellular SA | 8,218,532 | $745.9M | 0.4% | added (+1%) |
| TAP | Molson Coors Beverage Co. | 19,065,434 | $742.8M | 0.4% | added (+3%) |
| KKR | KKR & Co., Inc. | 8,060,515 | $739.8M | 0.4% | bought |
| CE | Celanese Corp. | 15,282,234 | $703.0M | 0.4% | reduced (-0%) |
| LIN | Linde PLC | 1,326,590 | $688.4M | 0.4% | held (0%) |
| TSM | Taiwan Semiconductor Manufacturing Co., Ltd. | 1,440,767 | $688.1M | 0.4% | added (+1237%) |
| ADBE | Adobe, Inc. | 3,114,932 | $638.6M | 0.3% | added (+25%) |
| MDT | Medtronic PLC | 7,875,898 | $616.1M | 0.3% | added (+2%) |
| GLPI | Gaming & Leisure Properties, Inc. | 13,773,135 | $613.3M | 0.3% | added (+2%) |
| ALNY | Alnylam Pharmaceuticals, Inc. | 1,955,393 | $588.6M | 0.3% | added (+1%) |
| FOXA | Fox Corp. | 11,223,096 | $585.4M | 0.3% | added (+3%) |
| CTSH | Cognizant Technology Solutions Corp. | 14,542,493 | $563.2M | 0.3% | added (+2%) |
| XP | XP, Inc. | 32,564,312 | $529.5M | 0.3% | reduced (-0%) |
| MCHP | Microchip Technology, Inc. | 5,533,359 | $504.6M | 0.3% | reduced (-10%) |
| AEG | Aegon, Ltd. | 44,635,184 | $376.7M | 0.2% | reduced (-12%) |
| VFC | VF Corp. | 22,406,175 | $373.7M | 0.2% | reduced (-32%) |
| PDD | PDD Holdings, Inc. | 4,550,000 | $347.1M | 0.2% | added (+0%) |
| BNTX | BioNTech SE | 3,677,591 | $342.2M | 0.2% | added (+0%) |
| YUMC | Yum China Holdings, Inc. | 8,365,562 | $341.9M | 0.2% | added (+0%) |
| FOX | Fox Corp. | 7,266,093 | $340.3M | 0.2% | added (+1%) |
| TRP | TC Energy Corp. | 5,034,800 | $333.8M | 0.2% | reduced (-43%) |
| NWSA | News Corp. | 12,538,190 | $311.3M | 0.2% | added (+2%) |
| JD | JD.com, Inc. | 12,194,648 | $310.7M | 0.2% | held (0%) |
| NTES | NetEase, Inc. | 2,162,476 | $277.1M | 0.1% | added (+0%) |
| GE | GE Aerospace | 598,052 | $223.5M | 0.1% | reduced (-19%) |
| COHR | Coherent Corp. | 544,160 | $214.7M | 0.1% | reduced (-3%) |
| HDB | HDFC Bank, Ltd. | 6,678,700 | $172.5M | 0.1% | added (+17%) |
| VSNT | Versant Media Group, Inc. | 4,472,367 | $161.0M | 0.1% | reduced (-1%) |
| ITUB | Itau Unibanco Holding SA | 18,185,181 | $148.6M | 0.1% | reduced (-5%) |
| GEV | GE Vernova, Inc. | 122,871 | $144.4M | 0.1% | reduced (-5%) |
| GS | The Goldman Sachs Group, Inc. | 134,131 | $135.7M | 0.1% | reduced (-90%) |
| NVS | Novartis AG | 759,373 | $119.0M | 0.1% | reduced (-89%) |
| BAC | Bank of America Corp. | 1,741,970 | $99.3M | 0.1% | reduced (-4%) |
| AXP | American Express Co. | 271,279 | $91.8M | 0.0% | reduced (-2%) |
| FMS | Fresenius Medical Care AG | 3,826,910 | $86.5M | 0.0% | held (0%) |
| CDNS | Cadence Design Systems, Inc. | 228,012 | $85.6M | 0.0% | reduced (-1%) |
| UNP | Union Pacific Corp. | 260,902 | $71.0M | 0.0% | reduced (-0%) |
| WMB | The Williams Co., Inc. | 944,450 | $70.2M | 0.0% | reduced (-2%) |
| FLUT | Flutter Entertainment PLC | 628,878 | $64.3M | 0.0% | held (0%) |
| LLY | Eli Lilly & Co. | 41,258 | $49.5M | 0.0% | reduced (-2%) |
| DHR | Danaher Corp. | 257,039 | $49.0M | 0.0% | added (+1463%) |
| NESR | National Energy Services Reunited Corp. | 1,595,994 | $47.8M | 0.0% | reduced (-0%) |
| CAT | Caterpillar, Inc. | 39,404 | $42.0M | 0.0% | reduced (-1%) |
| JPM | JPMorgan Chase & Co. | 117,130 | $38.3M | 0.0% | reduced (-1%) |
| CVX | Chevron Corp. | 202,503 | $33.6M | 0.0% | reduced (-1%) |
| TRV | The Travelers Co., Inc. | 90,119 | $29.8M | 0.0% | reduced (-3%) |
| LBTYA | Liberty Global, Ltd. | 2,444,614 | $26.9M | 0.0% | added (+14%) |
| DIS | The Walt Disney Co. | 261,007 | $25.1M | 0.0% | reduced (-2%) |
| KSPI | Kaspi.KZ JSC | 252,826 | $21.9M | 0.0% | added (+20%) |
| WMT | Walmart, Inc. | 172,435 | $19.5M | 0.0% | reduced (-1%) |
| MRK | Merck & Co., Inc. | 135,750 | $17.4M | 0.0% | reduced (-0%) |
| ACMR | ACM Research, Inc. | 116,392 | $14.8M | 0.0% | reduced (-3%) |
| PG | The Procter & Gamble Co. | 90,706 | $13.3M | 0.0% | reduced (-0%) |
| IBM | International Business Machines Corp. | 45,995 | $12.9M | 0.0% | reduced (-1%) |
| TGT | Target Corp. | 95,639 | $12.5M | 0.0% | reduced (-1%) |
| AZN | AstraZeneca PLC | 55,949 | $10.6M | 0.0% | reduced (-3%) |
| CSCO | Cisco Systems, Inc. | 88,409 | $10.4M | 0.0% | reduced (-16%) |
| XOM | Exxon Mobil Corp. | 73,858 | $10.1M | 0.0% | held (0%) |
| AAPL | Apple, Inc. | 31,382 | $9.1M | 0.0% | reduced (-1%) |
| GLW | Corning, Inc. | 34,665 | $8.9M | 0.0% | reduced (-5%) |
| DE | Deere & Co. | 12,626 | $8.0M | 0.0% | held (0%) |
| HD | The Home Depot, Inc. | 22,382 | $7.9M | 0.0% | reduced (-0%) |
| ADI | Analog Devices, Inc. | 19,210 | $7.6M | 0.0% | reduced (-4%) |
| DELL | Dell Technologies, Inc. | 17,250 | $7.4M | 0.0% | reduced (-9%) |
| AVGO | Broadcom, Inc. | 19,290 | $7.3M | 0.0% | held (0%) |
| VMC | Vulcan Materials Co. | 24,000 | $7.1M | 0.0% | held (0%) |
| BRK/B | Berkshire Hathaway, Inc. | 11,440 | $5.7M | 0.0% | held (0%) |
| STT | State Street Corp. | 33,325 | $5.7M | 0.0% | reduced (-99%) |
| JNJ | Johnson & Johnson | 20,947 | $5.3M | 0.0% | held (0%) |
| AMGN | Amgen, Inc. | 12,817 | $4.6M | 0.0% | reduced (-4%) |
| SLB | SLB, Ltd. | 98,424 | $4.6M | 0.0% | reduced (-10%) |
| MSI | Motorola Solutions, Inc. | 10,866 | $4.5M | 0.0% | reduced (-3%) |
| SNPS | Synopsys, Inc. | 10,100 | $4.5M | 0.0% | reduced (-1%) |
| SHEL | Shell PLC | 54,269 | $4.2M | 0.0% | reduced (-1%) |
| TBBB | BBB Foods, Inc. | 90,700 | $3.8M | 0.0% | held (0%) |
| BSX | Boston Scientific Corp. | 87,485 | $3.7M | 0.0% | reduced (-2%) |
| KARO | Karooooo, Ltd. | 69,733 | $3.4M | 0.0% | added (+65%) |
| PNC | The PNC Financial Services Group, Inc. | 13,960 | $3.4M | 0.0% | reduced (-0%) |
| MELI | MercadoLibre, Inc. | 1,987 | $3.4M | 0.0% | held (0%) |
| BRK/A | Berkshire Hathaway, Inc. | 4 | $3.0M | 0.0% | held (0%) |
| PM | Philip Morris International, Inc. | 16,500 | $3.0M | 0.0% | held (0%) |
| BIDU | Baidu, Inc. | 26,006 | $3.0M | 0.0% | reduced (-5%) |
| HPE | Hewlett Packard Enterprise Co. | 63,450 | $2.9M | 0.0% | reduced (-17%) |
| JOYY | JOYY, Inc. | 41,006 | $2.7M | 0.0% | reduced (-2%) |
| ABBV | AbbVie, Inc. | 10,393 | $2.6M | 0.0% | held (0%) |
| VIPS | Vipshop Holdings, Ltd. | 190,797 | $2.5M | 0.0% | held (0%) |
| PH | Parker-Hannifin Corp. | 2,500 | $2.4M | 0.0% | held (0%) |
| BMY | Bristol-Myers Squibb Co. | 42,361 | $2.4M | 0.0% | reduced (-99%) |
| SE | Sea, Ltd. | 22,950 | $2.2M | 0.0% | bought |
| SPGI | S&P Global, Inc. | 5,200 | $2.1M | 0.0% | reduced (-4%) |
| PFE | Pfizer, Inc. | 87,814 | $2.1M | 0.0% | reduced (-1%) |
| NEE | NextEra Energy, Inc. | 23,000 | $2.0M | 0.0% | reduced (-3%) |
| TCOM | Trip.com Group, Ltd. | 49,250 | $2.0M | 0.0% | held (0%) |
| KO | The Coca-Cola Co. | 24,000 | $2.0M | 0.0% | held (0%) |
| MCD | McDonald's Corp. | 6,425 | $1.7M | 0.0% | held (0%) |
| CTVA | Corteva, Inc. | 20,203 | $1.7M | 0.0% | reduced (-1%) |
| ABT | Abbott Laboratories | 17,324 | $1.6M | 0.0% | held (0%) |
| ZH | Zhihu, Inc. | 501,092 | $1.6M | 0.0% | added (+4%) |
| MO | Altria Group, Inc. | 20,500 | $1.5M | 0.0% | held (0%) |
| ATAT | Atour Lifestyle Holdings, Ltd. | 45,652 | $1.5M | 0.0% | added (+62%) |
| NUE | Nucor Corp. | 6,200 | $1.4M | 0.0% | held (0%) |
| LVS | Las Vegas Sands Corp. | 28,186 | $1.3M | 0.0% | held (0%) |
| CL | Colgate-Palmolive Co. | 14,000 | $1.3M | 0.0% | held (0%) |
| PAX | Patria Investments, Ltd. | 115,700 | $1.3M | 0.0% | added (+120%) |
| MMM | 3M Co. | 7,558 | $1.2M | 0.0% | reduced (-2%) |
| CPA | Copa Holdings SA | 7,250 | $1.1M | 0.0% | added (+21%) |
| Q | Qnity Electronics, Inc. | 6,369 | $1.0M | 0.0% | reduced (-5%) |
| IFS | Intercorp Financial Services, Inc. | 17,391 | $990,591 | 0.0% | held (0%) |
| LAUR | Laureate Education, Inc. | 27,200 | $987,904 | 0.0% | added (+25%) |
| TFC | Truist Financial Corp. | 19,151 | $954,103 | 0.0% | held (0%) |
| ARCO | Arcos Dorados Holdings, Inc. | 112,966 | $910,506 | 0.0% | held (0%) |
| HON | Honeywell International, Inc. | 4,010 | $897,727 | 0.0% | bought |
| DEO | Diageo PLC | 11,077 | $890,369 | 0.0% | held (0%) |
| HONA | Honeywell Aerospace, Inc. | 4,009 | $886,310 | 0.0% | bought |
| GPRK | Geopark, Ltd. | 93,045 | $846,710 | 0.0% | held (0%) |
| ASR | Grupo Aeroportuario del Sureste SAB de CV | 2,630 | $806,621 | 0.0% | added (+110%) |
| DLO | Dlocal, Ltd. | 61,500 | $799,193 | 0.0% | added (+38%) |
| JBS | JBS NV | 67,250 | $796,913 | 0.0% | added (+50%) |
| ABEV | Ambev SA | 252,700 | $793,478 | 0.0% | reduced (-17%) |
| AFYA | Afya, Ltd. | 51,287 | $761,099 | 0.0% | held (0%) |
| AMP | Ameriprise Financial, Inc. | 1,500 | $688,140 | 0.0% | held (0%) |
| MDLZ | Mondelez International, Inc. | 11,840 | $684,826 | 0.0% | held (0%) |
| BLK | Blackrock, Inc. | 711 | $683,669 | 0.0% | held (0%) |
| NVDA | NVIDIA Corp. | 3,400 | $680,306 | 0.0% | held (0%) |
| DD | DuPont de Nemours, Inc. | 4,705 | $638,141 | 0.0% | bought |
| APA | APA Corp. | 19,500 | $635,115 | 0.0% | reduced (-9%) |
| ALL | The Allstate Corp. | 2,595 | $617,454 | 0.0% | held (0%) |
| MCO | Moody's Corp. | 1,213 | $549,392 | 0.0% | held (0%) |
| GPC | Genuine Parts Co. | 4,450 | $525,011 | 0.0% | reduced (-4%) |
| ELV | Elevance Health, Inc. | 1,300 | $502,749 | 0.0% | held (0%) |
| PBR | Petroleo Brasileiro SA - Petrobras | 30,000 | $484,800 | 0.0% | reduced (-4%) |
| PSX | Phillips 66 | 2,600 | $439,530 | 0.0% | held (0%) |
| PEP | PepsiCo, Inc. | 3,075 | $416,355 | 0.0% | held (0%) |
| LMT | Lockheed Martin Corp. | 775 | $394,832 | 0.0% | held (0%) |
| FUTU | Futu Holdings, Ltd. | 4,200 | $393,708 | 0.0% | bought |
| GIS | General Mills, Inc. | 11,200 | $389,760 | 0.0% | held (0%) |
| OTIS | Otis Worldwide Corp. | 5,210 | $373,036 | 0.0% | reduced (-13%) |
| UL | Unilever PLC | 5,243 | $315,209 | 0.0% | held (0%) |
| CTAS | Cintas Corp. | 1,800 | $306,144 | 0.0% | held (0%) |
| MGM | MGM Resorts International | 6,000 | $286,860 | 0.0% | reduced (-8%) |
| RIO | Rio Tinto PLC | 3,000 | $284,790 | 0.0% | held (0%) |
| LYV | Live Nation Entertainment, Inc. | 1,500 | $274,665 | 0.0% | held (0%) |
| PPG | PPG Industries, Inc. | 2,200 | $266,838 | 0.0% | held (0%) |
| DOW | Dow, Inc. | 9,114 | $249,359 | 0.0% | reduced (-6%) |
| CB | Chubb, Ltd. | 722 | $246,014 | 0.0% | held (0%) |
| VZ | Verizon Communications, Inc. | 5,500 | $232,870 | 0.0% | held (0%) |
| VOO | Vanguard S&P 500 ETF | 300 | $206,168 | 0.0% | bought |
| AMG | Affiliated Managers Group, Inc. | 600 | $203,040 | 0.0% | bought |
| CIG | Cia Energetica de Minas Gerais | 15,000 | $31,500 | 0.0% | held (0%) |

## Largest moves this quarter

| Ticker | Issuer | Shares now | Shares before | Change | Bought / sold at reported prices | Value |
| --- | --- | ---: | ---: | --- | ---: | ---: |
| V | Visa, Inc. | 5,417,326 | 859 | added (+630555%) | +$1.9B | $1.9B |
| FDX | FedEx Corp. | 7,233,269 | 12,389,460.209 | reduced (-42%) | −$1.6B | $2.3B |
| TMO | Thermo Fisher Scientific, Inc. | 3,054,778 | 25,741 | added (+11767%) | +$1.5B | $1.5B |
| LYB | LyondellBasell Industries NV | 0 | 16,839,152 | sold | −$1.4B | $0 |
| GS | The Goldman Sachs Group, Inc. | 134,131 | 1,380,455 | reduced (-90%) | −$1.3B | $135.7M |
| ROP | Roper Technologies, Inc. | 7,060,583 | 3,343,694 | added (+111%) | +$1.3B | $2.4B |
| NSC | Norfolk Southern Corp. | 2,508,128 | 6,257,750 | reduced (-60%) | −$1.2B | $789.0M |

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Source: https://sweetvaluelab.com/investors/dodge-cox (SweetValueLab, free, no account). Holdings from SEC Form 13F-HR filings; tickers resolved from CUSIPs. Values as reported by the filer. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.