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Focused investors/Dodge & Cox

Dodge & Cox

As of Q2 2026, Dodge & Cox reported 222 long-equity positions worth $191.01B in aggregate.

Copy-investor backtest

Latest quarter
+6.74%
1-year
+16.26%
3-year
+49.37%
5-year
+54.99%
3-year vs S&P 500
-23.69%
5-year vs S&P 500
-18.91%
5-year top 5
+46.12%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Buys

These are the positions the manager opened or added to this quarter, showing where they put more money to work. The quarter shown is Q2 2026.

TickerSecurityActivity% portfolioSharesValueReported priceQ range
FDXFFedex Freight Holding Co., Inc.New0.57%7,182,771$1.08B$151.00-
KKRKKR & Co., Inc.New0.39%8,060,515$739.79M$91.78$87.50 - $107.65(21%)$91.36 -> $91.78
SESea, Ltd.New0.00%22,950$2.2M$95.83$79.00 - $99.97(80%)$82.16 -> $95.83
6205REGWAYHoneywell International, Inc.New0.00%4,010$897.73K-
HONAHoneywell Aerospace, Inc.New0.00%4,009$886.31K$221.08-
FUTUFutu Holdings, Ltd.New0.00%4,200$393.71K$93.74$80.50 - $137.51(23%)$134.64 -> $93.74
VOOVanguard S&P 500 ETFNew0.00%300$206.17K$687.23$593.03 - $699.13(89%)$602.30 -> $686.81
AMGAffiliated Managers Group, Inc.New0.00%600$203.04K$338.40$254.44 - $363.89(77%)$273.50 -> $338.84
VVisa, Inc.Add +630554.9%0.97%5,417,326$1.86B$343.09$293.89 - $345.80(95%)$298.51 -> $343.09
TMOThermo Fisher Scientific, Inc.Add +11767.4%0.80%3,054,778$1.53B$501.36$435.27 - $538.41(64%)$494.54 -> $501.36
ROPRoper Technologies, Inc.Add +111.2%1.25%7,060,583$2.39B$338.39$305.96 - $384.00(42%)$355.87 -> $338.39
METAMeta Platforms, Inc.Add +29.4%1.91%6,489,255$3.66B$563.29$540.21 - $691.52(15%)$579.23 -> $563.29
TSMTaiwan Semiconductor Manufacturing Co., Ltd.Add +1236.5%0.36%1,440,767$688.07M$477.57$326.80 - $479.00(99%)$341.49 -> $477.57
TRUTransUnionAdd +49.5%0.91%24,196,211$1.75B$72.14$63.37 - $80.26(52%)$68.79 -> $72.14
AJGArthur J Gallagher & Co.Add +27.3%1.13%9,363,634$2.15B$229.57$190.75 - $230.58(97%)$216.34 -> $229.68
TELTE Connectivity PLCAdd +15.5%1.79%16,968,886$3.42B$201.61$193.75 - $252.56(13%)$211.67 -> $201.61
GEHCGE HealthCare Technologies, Inc.Add +20.9%1.27%37,864,164$2.42B$64.01$58.75 - $75.95(31%)$71.98 -> $64.01
AMZNAmazon.com, Inc.Add +10.6%2.08%16,708,513$3.98B$238.34$204.90 - $278.56(45%)$210.57 -> $238.72
MSFTMicrosoft Corp.Add +7.3%2.51%12,836,229$4.79B$373.02$349.20 - $466.32(20%)$369.37 -> $373.02
REGNRegeneron Pharmaceuticals, Inc.Add +9.3%1.59%4,871,137$3.04B$623.54$591.52 - $781.21(17%)$777.25 -> $623.54
SCHWThe Charles Schwab Corp.Add +2.6%3.72%76,968,323$7.1B$92.27$83.96 - $100.76(49%)$92.36 -> $92.27
WTWWillis Towers Watson PLCAdd +9.4%1.10%8,025,392$2.1B$261.37$240.61 - $300.98(34%)$287.53 -> $261.37
CIThe Cigna GroupAdd +5.3%1.76%12,173,875$3.36B$275.68$264.90 - $303.33(28%)$267.32 -> $275.69
AONAon PLCAdd +5.9%1.49%8,593,144$2.85B$331.69$306.52 - $340.69(74%)$321.34 -> $332.17
ADBEAdobe, Inc.Add +24.8%0.33%3,114,932$638.62M$205.02$190.12 - $275.44(17%)$241.37 -> $205.14
SUNBSunbelt Rentals Holdings, Inc.Add +3.1%2.14%54,761,610$4.1B$74.81$61.03 - $85.94(55%)$64.45 -> $74.81
LPLALPL Financial Holdings, Inc.Add +10.4%0.68%4,578,679$1.29B$281.68$260.15 - $339.99(27%)$289.27 -> $281.68
BKNGBooking Holdings, Inc.Add +2.4%25:1 split2.38%25,536,950$4.55B$178.24$150.14 - $193.92(64%)$167.38 -> $178.24
BNBrookfield Corp.Add +3.4%1.36%61,210,651$2.61B$42.59$39.66 - $48.60(33%)$40.74 -> $42.60
COFCapital One Financial Corp.Add +3.9%0.96%9,117,926$1.83B$200.62$174.24 - $210.84(72%)$184.50 -> $200.60
CMCSAComcast Corp.Add +2.5%1.49%115,903,125$2.85B$24.55$22.13 - $32.08(24%)$28.05 -> $24.55
CARRCarrier Global Corp.Add +3.2%1.06%27,475,603$2.02B$73.35$54.65 - $76.76(85%)$56.90 -> $73.31
CHTRCharter Communications, Inc.Add +2.8%1.12%15,032,214$2.14B$142.21$124.05 - $254.11(14%)$216.27 -> $142.21
NVONovo Nordisk A/SAdd +5.5%0.51%20,397,110$977.84M$47.94$35.63 - $48.62(95%)$36.48 -> $47.94
FTVFortive Corp.Add +1.9%1.41%43,979,772$2.69B$61.09$54.77 - $63.40(73%)$55.90 -> $61.10
ZBHZimmer Biomet Holdings, Inc.Add +2.5%1.09%24,124,735$2.08B$86.09$79.12 - $97.81(37%)$91.03 -> $86.09
APDAir Products & Chemicals, Inc.Add +1.8%1.44%9,393,493$2.75B$293.18$270.11 - $307.96(61%)$289.43 -> $292.96
DHRDanaher Corp.Add +1462.5%0.03%257,039$48.96M$190.48$160.93 - $200.50(75%)$190.79 -> $190.37
SBACSBA Communications Corp.Add +2.0%1.14%12,323,254$2.17B$176.46$170.34 - $224.46(11%)$171.56 -> $176.46
IFFInternational Flavors & Fragrances, Inc.Add +1.5%1.53%37,007,037$2.93B$79.22$68.34 - $83.89(70%)$72.57 -> $79.22
HLNHaleon PLCAdd +2.3%0.73%149,934,507$1.4B$9.33$8.65 - $10.06(48%)$9.97 -> $9.33
TMUST-Mobile U.S., Inc.Add +2.9%0.56%6,335,783$1.06B$167.73$165.66 - $209.32(5%)$204.25 -> $167.73
HDBHDFC Bank, Ltd.Add +17.4%0.09%6,678,700$172.51M$25.83$23.08 - $28.00(56%)$24.90 -> $25.83
BAXBaxter International, Inc.Add +2.0%0.65%58,386,345$1.24B$21.32$16.17 - $22.18(86%)$16.78 -> $21.34
FCNCAFirst Citizens BancShares, Inc.Add +2.8%0.44%404,215$841.09M$2080.79$1857.93 - $2155.28(75%)$1894.38 -> $2080.79
HPQHP, Inc.Add +2.5%0.49%42,627,828$935.25M$21.94$18.13 - $29.65(33%)$18.95 -> $21.94
TAPMolson Coors Beverage Co.Add +2.9%0.39%19,065,434$742.79M$38.96$38.04 - $45.52(12%)$42.90 -> $38.96
NBIXNeurocrine Biosciences, Inc.Add +2.3%0.49%5,584,707$941.22M$168.53$125.31 - $171.50(94%)$132.56 -> $168.53
RALRalliant Corp.Add +1.9%0.54%14,005,203$1.03B$73.63$41.07 - $75.41(95%)$42.60 -> $73.63
FOXAFox Corp.Add +3.0%0.31%11,223,096$585.4M$52.16$48.35 - $69.17(18%)$58.46 -> $52.16
BMRNBioMarin Pharmaceutical, Inc.Add +1.9%0.44%14,844,930$849.43M$57.22$49.26 - $59.77(76%)$57.24 -> $57.22
MDTMedtronic PLCAdd +2.4%0.32%7,875,898$616.13M$78.23$73.32 - $88.84(32%)$86.06 -> $78.23
GLPIGaming & Leisure Properties, Inc.Add +2.3%0.32%13,773,135$613.32M$44.53$43.64 - $49.01(17%)$44.31 -> $44.53
WFCWells Fargo & Co.Add +0.5%1.36%31,328,076$2.59B$82.64$72.78 - $87.08(69%)$80.57 -> $82.64
GOOGLAlphabet, Inc.Add +0.3%1.99%10,658,860$3.81B$357.37$289.45 - $408.61(57%)$297.39 -> $357.37
CTSHCognizant Technology Solutions Corp.Add +1.9%0.29%14,542,493$563.23M$38.73$37.08 - $63.04(6%)$61.25 -> $38.73
ALNYAlnylam Pharmaceuticals, Inc.Add +1.4%0.31%1,955,393$588.63M$301.03$275.52 - $343.36(38%)$328.73 -> $298.98
NWSANews Corp.Add +2.3%0.16%12,538,190$311.32M$24.83$24.08 - $27.73(21%)$24.71 -> $24.83
TDYTeledyne Technologies, Inc.Add +0.5%0.56%1,612,837$1.08B$666.90$599.57 - $687.00(77%)$617.97 -> $666.90
TIGOMillicom International Cellular SAAdd +0.7%0.39%8,218,532$745.91M$90.76$70.20 - $94.73(84%)$76.89 -> $90.76
FOXFox Corp.Add +1.2%0.18%7,266,093$340.34M$46.84$44.08 - $61.96(15%)$52.88 -> $46.84
BABAAlibaba Group Holding, Ltd.Add +0.4%0.50%9,957,970$955.77M$95.98$91.99 - $146.87(7%)$123.73 -> $96.00
KSPIKaspi.KZ JSCAdd +20.3%0.01%252,826$21.9M$86.64$72.22 - $97.33(57%)$73.43 -> $86.64
AVTRAvantor, Inc.Add +0.3%0.62%120,020,974$1.19B$9.90$7.42 - $10.39(83%)$7.77 -> $9.90
LBTYALiberty Global, Ltd.Add +14.2%0.01%2,444,614$26.89M$11.00$10.96 - $12.86(2%)$12.14 -> $11.37
CPNGCoupang, Inc.Add +0.3%0.66%72,194,220$1.25B$17.37$14.92 - $22.24(33%)$18.92 -> $17.37
KAROKarooooo, Ltd.Add +65.1%0.00%69,733$3.44M$49.36$42.40 - $54.76(56%)$50.80 -> $49.36
PDDPDD Holdings, Inc.Add +0.3%0.18%4,550,000$347.07M$76.28$71.94 - $108.23(12%)$101.78 -> $76.28
PAXPatria Investments, Ltd.Add +120.0%0.00%115,700$1.27M$10.98$10.56 - $13.55(14%)$12.64 -> $10.98
NTESNetEase, Inc.Add +0.3%0.15%2,162,476$277.1M$128.14$106.06 - $129.95(92%)$112.66 -> $128.14
ATATAtour Lifestyle Holdings, Ltd.Add +62.2%0.00%45,652$1.45M$31.80$31.14 - $41.25(7%)$36.94 -> $31.82
YUMCYum China Holdings, Inc.Add +0.2%0.18%8,365,562$341.9M$40.87$40.15 - $50.40(7%)$49.09 -> $40.87
ASRGrupo Aeroportuario del Sureste SAB de CVAdd +110.4%0.00%2,630$806.62K$306.70$275.23 - $363.72(36%)$343.58 -> $306.04
JBSJBS NVAdd +50.3%0.00%67,250$796.91K$11.85$11.59 - $18.65(4%)$18.12 -> $11.85
DLODlocal, Ltd.Add +37.6%0.00%61,500$799.19K$12.99$10.64 - $14.49(61%)$12.44 -> $12.99
CPACopa Holdings SAAdd +20.8%0.00%7,250$1.13M$155.57$108.16 - $160.47(91%)$117.92 -> $155.48
LAURLaureate Education, Inc.Add +25.4%0.00%27,200$987.9K$36.32$28.70 - $38.28(80%)$35.22 -> $36.32
BNTXBioNTech SEAdd +0.0%0.18%3,677,591$342.2M$93.05$84.95 - $113.26(29%)$89.42 -> $93.05
ZHZhihu, Inc.Add +4.2%0.00%501,092$1.57M$3.13$2.73 - $3.88(35%)$2.81 -> $3.13