Dodge & Cox's portfolio
Committee-driven long-term value investing across equities and bonds.
What changed in Q2 2026
Compared with the previous 13F. Values are as reported at quarter end. How to read a 13F.
New positions
- Fedex Freight HoldingFDXF$1.1B
- KKR & Co.KKR$740M
- Honeywell AerospaceHONA$886,310
- Futu HoldingsFUTU$393,708
- VOOVOO$206,168
- Affiliated ManagersAMG$203,040
Added to
- Charles SchwabSCHW$7.1B
- MicrosoftMSFT$4.8B
- BookingBKNG$4.6B
- Sunbelt RentalsSUNB$4.1B
- Amazon.comAMZN$4.0B
- Alphabet Inc Class AGOOGL$3.8B
- Meta PlatformsMETA$3.7B
- TE ConnectivityTEL$3.4B
- CignaCI$3.4B
- Regeneron PharmaceuticalsREGN$3.0B
Trimmed
- Raytheon TechnologiesRTX$6.7B
- CVS HealthCVS$5.2B
- HumanaHUM$4.3B
- Alphabet Inc Class CGOOG$4.2B
- MetLifeMET$4.1B
- UnitedHealth GroupUNH$3.8B
- Occidental PetroleumOXY$3.5B
- Gilead SciencesGILD$3.0B
- GlaxoSmithKline PLC ADRGSK$2.5B
- Fiserv, Inc. Common StockFISV$2.5B
Sold out
None this quarter.
Holdings
222 US-listed positions in the Q2 2026 13F, largest first (top 50 shown; all of them in Investingly).
| Stock | % of portfolio | Value | Shares | Last quarter |
|---|---|---|---|---|
| Johnson Controls International Plc | 4.27% | $8.1B | 55,776,006 | Held |
| Charles SchwabSCHW | 3.72% | $7.1B | 76,968,323 | Added |
| Raytheon TechnologiesRTX | 3.49% | $6.7B | 35,113,249 | Trimmed |
| CVS HealthCVS | 2.71% | $5.2B | 50,012,765 | Trimmed |
| MicrosoftMSFT | 2.51% | $4.8B | 12,836,229 | Added |
| BookingBKNG | 2.38% | $4.6B | 25,536,950 | Added |
| HumanaHUM | 2.27% | $4.3B | 10,940,380 | Trimmed |
| Alphabet Inc Class CGOOG | 2.21% | $4.2B | 11,961,097 | Trimmed |
| MetLifeMET | 2.15% | $4.1B | 48,431,150 | Trimmed |
| Sunbelt RentalsSUNB | 2.15% | $4.1B | 54,761,610 | Added |
| Amazon.comAMZN | 2.08% | $4.0B | 16,708,513 | Added |
| Alphabet Inc Class AGOOGL | 1.99% | $3.8B | 10,658,860 | Added |
| UnitedHealth GroupUNH | 1.97% | $3.8B | 9,072,258 | Trimmed |
| Meta PlatformsMETA | 1.91% | $3.7B | 6,489,255 | Added |
| Occidental PetroleumOXY | 1.85% | $3.5B | 72,764,944 | Trimmed |
| TE ConnectivityTEL | 1.79% | $3.4B | 16,968,886 | Added |
| CignaCI | 1.76% | $3.4B | 12,173,875 | Added |
| Regeneron PharmaceuticalsREGN | 1.59% | $3.0B | 4,871,137 | Added |
| Gilead SciencesGILD | 1.57% | $3.0B | 23,677,567 | Trimmed |
| International Flavors & Fragrances | 1.53% | $2.9B | 37,007,037 | Held |
| AonAON | 1.49% | $2.9B | 8,593,144 | Added |
| ComcastCMCSA | 1.49% | $2.8B | 115,903,125 | Added |
| Air Products and ChemicalsAPD | 1.44% | $2.8B | 9,393,493 | Added |
| FortiveFTV | 1.41% | $2.7B | 43,979,772 | Added |
| BrookfieldBN | 1.36% | $2.6B | 61,210,651 | Added |
| Wells Fargo &WFC | 1.35% | $2.6B | 31,328,076 | Added |
| GlaxoSmithKline PLC ADRGSK | 1.32% | $2.5B | 48,197,514 | Trimmed |
| Fiserv, Inc. Common StockFISV | 1.29% | $2.5B | 50,194,946 | Trimmed |
| Anheuser Busch Inbev NV ADRBUD | 1.27% | $2.4B | 29,477,348 | Trimmed |
| GE HealthCare TechnologiesGEHC | 1.27% | $2.4B | 37,864,164 | Added |
| Bank of New York MellonBK | 1.26% | $2.4B | 16,608,370 | Trimmed |
| Roper TechnologiesROP | 1.25% | $2.4B | 7,060,583 | Added |
| FedExFDX | 1.19% | $2.3B | 7,233,269 | Trimmed |
| SBA CommunicationsSBAC | 1.14% | $2.2B | 12,323,254 | Added |
| Arthur J Gallagher &AJG | 1.12% | $2.1B | 9,363,634 | Added |
| Charter CommunicationsCHTR | 1.12% | $2.1B | 15,032,214 | Added |
| Willis Towers WatsonWTW | 1.10% | $2.1B | 8,025,392 | Added |
| Zimmer BiometZBH | 1.09% | $2.1B | 24,124,735 | Added |
| Carrier GlobalCARR | 1.05% | $2.0B | 27,475,603 | Added |
| Baker HughesBKR | 1.01% | $1.9B | 34,854,482 | Trimmed |
| Fidelity National Information ServicesFIS | 1.00% | $1.9B | 49,069,080 | Trimmed |
| Visa Inc. Class AV | 0.97% | $1.9B | 5,417,326 | Added |
| Capital One FinancialCOF | 0.96% | $1.8B | 9,117,926 | Added |
| TransUnionTRU | 0.91% | $1.7B | 24,196,211 | Added |
| UBS Group AGUBS | 0.87% | $1.7B | 33,630,342 | Trimmed |
| Elanco Animal HealthELAN | 0.87% | $1.7B | 67,397,025 | Trimmed |
| Thermo Fisher ScientificTMO | 0.80% | $1.5B | 3,054,778 | Added |
| HaleonHLN | 0.73% | $1.4B | 149,934,507 | Added |
| Suncor EnergySU | 0.71% | $1.4B | 25,366,554 | Trimmed |
| IncyteINCY | 0.71% | $1.4B | 11,957,326 | Trimmed |
By sector
Share of the reported value.
Reported value over time
Total 13F value at each quarter end.
Questions
What stocks does Dodge & Cox own?
In the Q2 2026 13F, Dodge & Cox reported 222 US stock positions worth $191.0B. The largest: Johnson Controls International Plc 4.3%, Charles Schwab (SCHW) 3.7%, Raytheon Technologies (RTX) 3.5%, CVS Health (CVS) 2.7%, Microsoft (MSFT) 2.5%.
What did Dodge & Cox buy last quarter?
In Q2 2026: new position in Fedex Freight Holding (FDXF); new position in KKR & Co. (KKR); new position in Honeywell Aerospace (HONA); added to Charles Schwab (SCHW); added to Microsoft (MSFT); added to Booking (BKNG).
When is Dodge & Cox's next 13F?
13F filings are due 45 days after each quarter ends. The Q3 2026 filing is due by November 14, 2026.
More investors
13F filings list US-listed long positions (and some options) held at quarter end. They leave out short positions, cash, bonds and non-US holdings, and arrive up to 45 days after the quarter ends, so the investor may have traded since. Information only, not investment advice.