DODGE & COX

hedge fundUpdated 28 days ago

Managed by Dodge & Cox • Latest filing Q2 2026

Portfolio value

$191B

Q2 2026

Filings

14

Quarterly 13F history

Top-10 concentration

100.0%

Weight of largest holdings

Annualized return

8.4%

Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 14 quarters

Show data table

Period	Portfolio value
Q1 2023	$146.8B
Q2 2023	$149.9B
Q3 2023	$148.4B
Q4 2023	$157.3B
Q1 2024	$172.4B
Q2 2024	$166.6B
Q3 2024	$176.8B
Q4 2024	$171.8B
Q1 2025	$175.5B
Q2 2025	$178B
Q3 2025	$185.3B
Q4 2025	$185.3B
Q1 2026	$182B
Q2 2026	$191B

Top holdings

222 positions as of Q2 2026

#	Stock	Value	Shares	% Portfolio	Change
1	J JCI Johnson Controls International PLC	$8.1B	55.78M	4.27%	Trimmed(-3.0%)
2	S SCHW-PJ The Charles Schwab Corp.	$7.1B	76.97M	3.72%	Added(+2.6%)
3	R RTX RTX Corp.	$6.7B	35.11M	3.49%	Trimmed(-1.0%)
4	C CVS CVS Health Corp.	$5.2B	50.01M	2.71%	Trimmed(-3.4%)
5	M MSFT Microsoft Corp.	$4.8B	12.84M	2.51%	Added(+7.3%)
6	B BKNG Booking Holdings, Inc.	$4.6B	25.54M	2.38%	Added(+2460.1%)
7	H HUM Humana, Inc.	$4.3B	10.94M	2.28%	Trimmed(-3.9%)
8	G GOOGN Alphabet, Inc.	$4.2B	11.96M	2.21%	Trimmed(-2.2%)
9	M MET-PF MetLife, Inc.	$4.1B	48.43M	2.15%	Trimmed(-5.3%)
10	S SUNB Sunbelt Rentals Holdings, Inc.	$4.1B	54.76M	2.14%	Added(+3.1%)
11	A AMZN Amazon.com, Inc.	$4B	16.71M	2.08%	Added(+10.6%)
12	G GOOGN Alphabet, Inc.	$3.8B	10.66M	1.99%	Added(+0.3%)
13	U UNH UnitedHealth Group, Inc.	$3.8B	9.07M	1.97%	Trimmed(-4.2%)
14	M META Meta Platforms, Inc.	$3.7B	6.49M	1.91%	Added(+29.4%)
15	O OXY-WT Occidental Petroleum Corp.	$3.5B	72.76M	1.85%	Trimmed(-1.8%)
16	T TEL TE Connectivity PLC	$3.4B	16.97M	1.79%	Added(+15.5%)
17	C CI The Cigna Group	$3.4B	12.17M	1.76%	Added(+5.3%)
18	R REGN Regeneron Pharmaceuticals, Inc.	$3B	4.87M	1.59%	Added(+9.3%)
19	G GILD Gilead Sciences, Inc.	$3B	23.68M	1.57%	Trimmed(-2.4%)
20	I IFF International Flavors & Fragrances, Inc.	$2.9B	37.01M	1.53%	Added(+1.5%)

J

Johnson Controls International PLC

-3.0%

Value

$8.1B

Shares

55.78M

% Port

4.27%

S

The Charles Schwab Corp.

+2.6%

Value

$7.1B

Shares

76.97M

% Port

3.72%

R

RTX Corp.

-1.0%

Value

$6.7B

Shares

35.11M

% Port

3.49%

C

CVS Health Corp.

-3.4%

Value

$5.2B

Shares

50.01M

% Port

2.71%

M

Microsoft Corp.

+7.3%

Value

$4.8B

Shares

12.84M

% Port

2.51%

B

Booking Holdings, Inc.

+2460.1%

Value

$4.6B

Shares

25.54M

% Port

2.38%

H

Humana, Inc.

-3.9%

Value

$4.3B

Shares

10.94M

% Port

2.28%

G

Alphabet, Inc.

-2.2%

Value

$4.2B

Shares

11.96M

% Port

2.21%

M

MetLife, Inc.

-5.3%

Value

$4.1B

Shares

48.43M

% Port

2.15%

S

Sunbelt Rentals Holdings, Inc.

+3.1%

Value

$4.1B

Shares

54.76M

% Port

2.14%

A

Amazon.com, Inc.

+10.6%

Value

$4B

Shares

16.71M

% Port

2.08%

G

Alphabet, Inc.

+0.3%

Value

$3.8B

Shares

10.66M

% Port

1.99%

U

13.UNH

UnitedHealth Group, Inc.

-4.2%

Value

$3.8B

Shares

9.07M

% Port

1.97%

M

Meta Platforms, Inc.

+29.4%

Value

$3.7B

Shares

6.49M

% Port

1.91%

O

Occidental Petroleum Corp.

-1.8%

Value

$3.5B

Shares

72.76M

% Port

1.85%

T

16.TEL

TE Connectivity PLC

+15.5%

Value

$3.4B

Shares

16.97M

% Port

1.79%

C

17.CI

The Cigna Group

+5.3%

Value

$3.4B

Shares

12.17M

% Port

1.76%

R

Regeneron Pharmaceuticals, Inc.

+9.3%

Value

$3B

Shares

4.87M

% Port

1.59%

G

Gilead Sciences, Inc.

-2.4%

Value

$3B

Shares

23.68M

% Port

1.57%

I

20.IFF

International Flavors & Fragrances, Inc.

+1.5%

Value

$2.9B

Shares

37.01M

% Port

1.53%

View full portfolio (222 holdings) →

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