Dodge & Cox

Name: Dodge & Cox 13F holdings, Q3 2024
Creator: Dodge & Cox
Published: 2024-11-13

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Dodge & Cox reported 204 stock positions worth $176.4 billion. Its top holding was Johnson Controls Internation (JCI) at 3.8% of the portfolio, followed by Fiserv (FISV, 3.3%) and Schwab (charles) (SCHW, 3.3%). Compared with Q2 2024, it opened 4 new positions, sold out of 1, added to 28 and reduced 110. The biggest buy was Air Products & Chemicals (APD, shares +227424%) and the biggest sale Alphabet Class C (GOOG, shares −15%).

Most Recent 13F: Q2 2026
Location: San Francisco, CA
CIK: 0000200217
Portfolio Value: $176.4B (Q3 2024)
SEC Filing: 0000950123-24-011156 ↗ filed Nov 13, 2024

Holdings Value

Holdings 204 stocks · $176.4B


JCI Johnson Controls Internation	3.76%	85,367,376	$6.6B	Add +0.1%
FISV Fiserv Inc.	3.33%	32,723,767	$5.9B	Reduce -4.8%
SCHW Schwab (charles) Corp.	3.29%	89,587,838	$5.8B	Add +4.4%
RTX RTX Corp.	3.05%	44,398,916	$5.4B	Add +0.3%
WFC Wells Fargo & Co.	2.78%	86,949,610	$4.9B	Reduce -5.8%
MET Metlife Inc.	2.56%	54,656,581	$4.5B	Reduce -3.0%
SNY Sanofi-ADR	2.49%	76,297,183	$4.4B	Reduce -1.1%
GOOG Alphabet Inc. Class C	2.36%	24,893,268	$4.2B	Reduce -15.4%
OXY Occidental Petroleum Corp.	2.28%	78,011,048	$4.0B	Reduce -0.5%
CVS CVS Health Corp.	2.25%	63,030,690	$4.0B	Add +2.2%
MSFT Microsoft Corp.	2.22%	9,100,792	$3.9B	Reduce -3.3%
CHTR Charter Communications Inc. Class A	2.14%	11,637,303	$3.8B	Reduce -0.4%
FDX FedEx Corp.	2.04%	13,155,356	$3.6B	Reduce -1.8%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	1.98%	48,524,949	$3.5B	Reduce -11.4%
FIS Fidelity National Info Serv	1.95%	41,073,296	$3.4B	Reduce -0.9%
BKNG Booking Holdings Inc.	1.88%	789,158	$3.3B	Reduce -0.1%
AMZN Amazon.com Inc.	1.83%	17,280,920	$3.2B	Reduce -0.3%
CMCSA Comcast Corp. Class A	1.75%	74,062,844	$3.1B	Add +1.8%
CI The Cigna Group	1.73%	8,789,414	$3.0B	Reduce -0.7%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA	1.67%	28,082,382	$2.9B	Reduce -0.4%
COF Capital One Financial Corp.	1.58%	18,662,292	$2.8B	Reduce -6.4%
GSK GSK PLC-Spon ADR	1.58%	68,087,163	$2.8B	Reduce -0.4%
GILD Gilead Sciences Inc.	1.57%	33,045,737	$2.8B	Reduce -0.2%
NSC Norfolk Southern Corp.	1.53%	10,862,839	$2.7B	Add +0.6%
GE General Electric filed as GE AEROSPACE	1.52%	14,177,036	$2.7B	Reduce -0.9%
GS Goldman Sachs Group Inc.	1.51%	5,380,092	$2.7B	Reduce -0.8%
REGN Regeneron Pharmaceuticals	1.38%	2,311,935	$2.4B	Reduce -0.2%
TEL Te Connectivity PLC	1.37%	15,990,186	$2.4B	Add +1.4%
UNH Unitedhealth Group Inc.	1.29%	3,902,210	$2.3B	Reduce -0.5%
UBS UBS Group AG-Reg	1.28%	73,371,442	$2.3B	Reduce -0.1%
META Meta Platforms Inc. Class A	1.24%	3,812,714	$2.2B	Reduce -0.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP	1.20%	53,207,803	$2.1B	Reduce -12.2%
BUD Anheuser-Busch Inbev-SPN ADR	1.18%	31,325,890	$2.1B	Reduce -0.5%
GOOGL Alphabet Inc. Class A	1.13%	11,988,817	$2.0B	Reduce -1.8%
TMUS T-Mobile US Inc.	1.12%	9,571,049	$2.0B	Reduce -2.6%
APD Air Products & Chemicals Inc.	1.11%	6,598,194	$2.0B	Add +227423.9%
BABA Alibaba Group Holding-SP ADR	1.09%	18,086,570	$1.9B	Add +0.3%
HLN Haleon PLC-ADR	1.07%	179,172,383	$1.9B	Reduce -0.6%
ZBH Zimmer Biomet Holdings Inc.	1.04%	17,073,791	$1.8B	Add +2.0%
AVTR Avantor Inc.	1.00%	68,418,097	$1.8B	Add +4.7%
WMB Williams Cos Inc.	0.96%	37,271,626	$1.7B	Reduce -0.7%
BAX Baxter International Inc.	0.96%	44,598,194	$1.7B	Add +62.0%
BKR Baker Hughes Co.	0.94%	45,830,238	$1.7B	Reduce -0.5%
GEHC GE Healthcare Technology	0.89%	16,663,641	$1.6B	Reduce -0.3%
HUM Humana Inc.	0.89%	4,933,995	$1.6B	Add +14.5%
LYB Lyondellbasell Indu Class A	0.88%	16,114,467	$1.5B	Reduce -0.3%
CTSH Cognizant Tech Solutions-A	0.80%	18,349,574	$1.4B	Reduce -0.6%
NVS Novartis AG-Sponsored ADR	0.80%	12,221,876	$1.4B	Reduce -0.1%
D Dominion Energy Inc.	0.74%	22,687,873	$1.3B	Reduce -0.6%
CSCO Cisco Systems Inc.	0.72%	23,821,547	$1.3B	Reduce -0.4%
ELAN Elanco Animal Health Inc.	0.69%	83,315,550	$1.2B	Reduce -0.3%
HPQ HP Inc.	0.69%	33,822,175	$1.2B	Reduce -3.6%
FOXA Fox Corp. Class A	0.68%	28,455,247	$1.2B	Reduce -0.5%
COP Conocophillips	0.68%	11,431,431	$1.2B	Reduce -0.4%
AEP American Electric Power	0.67%	11,580,505	$1.2B	Reduce -2.1%
CARR Carrier Global Corp.	0.65%	14,346,499	$1.2B	Reduce -0.1%
TFC Truist Financial Corp.	0.62%	25,750,060	$1.1B	Reduce -50.2%
SU Suncor Energy Inc.	0.62%	29,410,254	$1.1B	Reduce -2.8%
INCY Incyte Corp.	0.57%	15,276,093	$1.0B	Reduce -0.0%
ALNY Alnylam Pharmaceuticals Inc.	0.56%	3,622,535	$996.3M	Reduce -4.2%
BAP Credicorp Ltd.	0.56%	5,410,880	$979.2M	Reduce -1.2%
BMRN Biomarin Pharmaceutical Inc.	0.55%	13,898,318	$976.9M	Reduce -0.2%
COHR Coherent Corp.	0.54%	10,639,374	$945.9M	Reduce -24.1%
CE Celanese Corp.	0.52%	6,799,069	$924.4M	Reduce -0.1%
JD Jd.com Inc.-ADR	0.51%	22,482,449	$899.3M	Add +0.0%
VFC VF Corp.	0.48%	42,512,850	$848.1M	Reduce -0.1%
TAP Molson Coors Beverage Co. Class B	0.48%	14,619,464	$840.9M	Add +0.3%
STT State Street Corp.	0.47%	9,455,812	$836.6M	Reduce -26.8%
BMY Bristol-Myers Squibb Co.	0.46%	15,627,743	$808.6M	Reduce -0.9%
SUI Sun Communities Inc. filed as SUN CMNTYS INC	0.46%	5,961,165	$805.7M	Add +6.9%
AEG Aegon Ltd.-NY Reg SHR	0.43%	117,784,082	$752.6M	Reduce -0.3%
HMC Honda Motor Co. Ltd.-Spons ADR	0.40%	22,076,375	$700.5M	Reduce -0.3%
GAP The Gap Inc.	0.36%	28,873,346	$636.7M	Reduce -0.3%
LIN Linde PLC	0.36%	1,326,990	$632.8M	No change
XP XP Inc. Class A	0.35%	34,861,745	$625.4M	Add +1.5%
BIDU Baidu Inc. - Spon ADR	0.35%	5,894,215	$620.6M	Add +0.2%
MDT Medtronic PLC	0.35%	6,763,490	$608.9M	Reduce -0.4%
NTR Nutrien Ltd.	0.34%	12,482,459	$599.9M	Add +2.3%
JNPR Juniper Networks Inc.	0.30%	13,509,238	$526.6M	Reduce -60.5%
TRP TC Energy Corp.	0.30%	10,953,200	$520.7M	Reduce -7.7%
CPNG Coupang Inc.	0.28%	20,105,420	$493.6M	Add +66.0%
TECK Teck Resources Ltd.-CLS B	0.28%	9,284,842	$485.0M	Reduce -12.0%
YUMC Yum China Holdings Inc.	0.27%	10,684,762	$481.0M	Add +0.0%
FOX Fox Corp. Class B	0.25%	11,331,015	$439.6M	Reduce -0.3%
GLPI Gaming and Leisure Propertie	0.22%	7,701,335	$396.2M	Add +18.0%
SBAC SBA Communications Corp.	0.22%	1,623,515	$390.8M	New
ECHO Echostar Corp. Class A	0.19%	13,467,353	$334.3M	Reduce -0.7%
BHF Brighthouse Financial Inc.	0.17%	6,669,575	$300.3M	Reduce -0.3%
NWSA News Corp. Class A	0.16%	10,417,407	$277.4M	Reduce -0.4%
NTES Netease Inc.-ADR	0.14%	2,633,976	$246.3M	Add +143.7%
HDB HDFC Bank Ltd.-ADR	0.10%	2,915,300	$182.4M	Add +23.3%
TV Grupo Televisa SA-Spon ADR	0.09%	64,212,690	$164.4M	No change
NBIX Neurocrine Biosciences Inc.	0.08%	1,287,820	$148.4M	Add +0.6%
FLUT Flutter Entertainment PLC-Di	0.08%	624,478	$148.2M	No change
LBTYK Liberty Global Ltd. Class C	0.08%	6,682,068	$144.4M	Reduce -23.9%
AXP American Express Co.	0.06%	410,665	$111.4M	Reduce -1.4%
ITUB Itau Unibanco H-Spon PRF ADR	0.06%	15,562,605	$103.5M	Add +2.2%
LBTYA Liberty Global Ltd. Class A	0.06%	4,767,561	$100.6M	No change
FMS Fresenius Medical Care-ADR	0.05%	4,173,510	$88.9M	Reduce -1.2%
CDNS Cadence Design SYS Inc.	0.04%	257,777	$69.9M	Reduce -1.3%

Show all 204 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $423.6M (not counted above)

Security	Class	Shares / Principal	Value	Change
OXY.WS Occidental Petroleum-CW27	*W EXP 08/03/202	14,254,370	$423.6M	Reduce -0.1%

Total filed on the 13F, all lines: $176.8B.

Portfolio Sells Q2 2024 → Q3 2024


GOOG Alphabet Inc. Class C	Reduce -15.4%	2.36%	−0.89
OXY Occidental Petroleum Corp.	Reduce -0.5%	2.28%	−0.70
TFC Truist Financial Corp.	Reduce -50.2%	0.62%	−0.58
WFC Wells Fargo & Co.	Reduce -5.8%	2.78%	−0.52
JNPR Juniper Networks Inc.	Reduce -60.5%	0.30%	−0.45
FDX FedEx Corp.	Reduce -1.8%	2.04%	−0.38
MSFT Microsoft Corp.	Reduce -3.3%	2.22%	−0.31
BAC Bank of America Corp.	Reduce -12.2%	1.20%	−0.26
GOOGL Alphabet Inc. Class A	Reduce -1.8%	1.13%	−0.21
AMZN Amazon.com Inc.	Reduce -0.3%	1.83%	−0.19
BMRN Biomarin Pharmaceutical Inc.	Reduce -0.2%	0.55%	−0.14
COP Conocophillips	Reduce -0.4%	0.68%	−0.11
STT State Street Corp.	Reduce -26.8%	0.47%	−0.10
REGN Regeneron Pharmaceuticals	Reduce -0.2%	1.38%	−0.09
SU Suncor Energy Inc.	Reduce -2.8%	0.62%	−0.08
COF Capital One Financial Corp.	Reduce -6.4%	1.58%	−0.08
COHR Coherent Corp.	Reduce -24.1%	0.54%	−0.08
GAP The Gap Inc.	Reduce -0.3%	0.36%	−0.06
LYB Lyondellbasell Indu Class A	Reduce -0.3%	0.88%	−0.06
HPQ HP Inc.	Reduce -3.6%	0.69%	−0.05
BKR Baker Hughes Co.	Reduce -0.5%	0.94%	−0.04
CI The Cigna Group	Reduce -0.7%	1.73%	−0.04
HMC Honda Motor Co. Ltd.-Spons ADR	Reduce -0.3%	0.40%	−0.03
ELAN Elanco Animal Health Inc.	Reduce -0.3%	0.69%	−0.03
TECK Teck Resources Ltd.-CLS B	Reduce -12.0%	0.28%	−0.03
CE Celanese Corp.	Reduce -0.1%	0.52%	−0.03
NWSA News Corp. Class A	Reduce -0.4%	0.16%	−0.02
UBS UBS Group AG-Reg	Reduce -0.1%	1.28%	−0.02
LBTYK Liberty Global Ltd. Class C	Reduce -23.9%	0.08%	−0.01
AEG Aegon Ltd.-NY Reg SHR	Reduce -0.3%	0.43%	−0.01
CDNS Cadence Design SYS Inc.	Reduce -1.3%	0.04%	−0.01
HPE Hewlett Packard Enterprise	Reduce -74.3%	0.00%	−0.01
GSK GSK PLC-Spon ADR	Reduce -0.4%	1.58%	−0.01
MCHP Microchip Technology Inc.	Reduce -0.7%	0.03%	−0.01
BHF Brighthouse Financial Inc.	Reduce -0.3%	0.17%	−0.00
SLB SLB Ltd.	Reduce -3.7%	0.02%	−0.00
LLY Eli Lilly & Co.	Reduce -1.9%	0.02%	−0.00
CVX Chevron Corp.	Reduce -0.3%	0.02%	−0.00
DIS The Walt Disney Co.	Reduce -0.6%	0.02%	−0.00
MRK Merck & Co. Inc.	Reduce -0.4%	0.01%	−0.00
JPM JPMorgan Chase & Co.	Reduce -1.4%	0.04%	−0.00
AOSL Alpha & Omega Semiconductor	Sold out	0.00%	−0.00
ADBE Adobe Inc.	Reduce -1.8%	0.01%	−0.00
DELL Dell Technologies -C	Reduce -15.2%	0.00%	−0.00
SNPS Synopsys Inc.	Reduce -0.9%	0.00%	−0.00
APA Apa Corp.	Reduce -35.9%	0.00%	−0.00
AZN Astrazeneca PLC-Spons ADR	Reduce -0.5%	0.01%	−0.00
HAL Halliburton Co.	Reduce -6.9%	0.00%	−0.00
SHEL Shell PLC-ADR	Reduce -0.2%	0.00%	−0.00
TCOM Trip.com Group Ltd.-ADR	Reduce -40.5%	0.00%	−0.00

Portfolio Buys Q2 2024 → Q3 2024


APD Air Products & Chemicals Inc.	Add +227423.9%	1.11%	+1.11
BAX Baxter International Inc.	Add +62.0%	0.96%	+0.41
RTX RTX Corp.	Add +0.3%	3.05%	+0.37
JCI Johnson Controls Internation	Add +0.1%	3.76%	+0.34
BABA Alibaba Group Holding-SP ADR	Add +0.3%	1.09%	+0.31
SBAC SBA Communications Corp.	New	0.22%	+0.22
AVTR Avantor Inc.	Add +4.7%	1.00%	+0.17
JD Jd.com Inc.-ADR	Add +0.0%	0.51%	+0.16
NSC Norfolk Southern Corp.	Add +0.6%	1.53%	+0.13
CPNG Coupang Inc.	Add +66.0%	0.28%	+0.13
NTES Netease Inc.-ADR	Add +143.7%	0.14%	+0.08
YUMC Yum China Holdings Inc.	Add +0.0%	0.27%	+0.07
CVS CVS Health Corp.	Add +2.2%	2.25%	+0.05
SUI Sun Communities Inc.	Add +6.9%	0.46%	+0.05
GLPI Gaming and Leisure Propertie	Add +18.0%	0.22%	+0.05
BIDU Baidu Inc. - Spon ADR	Add +0.2%	0.35%	+0.05
CMCSA Comcast Corp. Class A	Add +1.8%	1.75%	+0.04
TAP Molson Coors Beverage Co. Class B	Add +0.3%	0.48%	+0.03
HDB HDFC Bank Ltd.-ADR	Add +23.3%	0.10%	+0.01
ITUB Itau Unibanco H-Spon PRF ADR	Add +2.2%	0.06%	+0.01
LPLA LPL Financial Holdings Inc.	New	0.00%	+0.00
TSM Taiwan Semiconductor-SP ADR	Add +24.3%	0.01%	+0.00
ACMR Acm Research Inc. Class A	New	0.00%	+0.00
CB Chubb Ltd.	New	0.00%	+0.00
CX Cemex Sab-Spons ADR Part Cer	Add +5.4%	0.00%	−0.00
XP XP Inc. Class A	Add +1.5%	0.35%	−0.01
NBIX Neurocrine Biosciences Inc.	Add +0.6%	0.08%	−0.02
NTR Nutrien Ltd.	Add +2.3%	0.34%	−0.03
ZBH Zimmer Biomet Holdings Inc.	Add +2.0%	1.04%	−0.05
TEL Te Connectivity PLC	Add +1.4%	1.37%	−0.06
HUM Humana Inc.	Add +14.5%	0.89%	−0.08
SCHW Schwab (charles) Corp.	Add +4.4%	3.29%	−0.52

Notes & Other Activity Q2 2024 → Q3 2024


OXY.WS Occidental Petroleum-CW27	*W EXP 08/03/202	Reduce -0.1%	14,254,370	$423.6M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	222	$191.0B	JCI, SCHW, RTX, CVS, MSFT
Q1 2026	222	$182.0B	JCI, SCHW, RTX, OXY, MSFT
Q4 2025	222	$185.3B	SCHW, JCI, RTX, CVS, FDX
Q3 2025	219	$185.3B	SCHW, JCI, RTX, CVS, FISV
Q2 2025	219	$178.0B	SCHW, JCI, RTX, FISV, CVS
Q1 2025	214	$175.5B	SCHW, FISV, JCI, RTX, CVS
Q4 2024	213	$171.4B	SCHW, FISV, JCI, RTX, WFC
Q3 2024	204	$176.4B	JCI, FISV, SCHW, RTX, WFC
Q2 2024	201	$166.0B	SCHW, JCI, WFC, GOOG, FISV
Q1 2024	198	$171.8B	WFC, SCHW, FISV, JCI, OXY