Dodge & Cox Portfolio
Dodge & Cox 13F filer (CIK 0000200217).
Q2 2026 · 222 positions · Total reported value $191.01B · Top-10 concentration 27.8%
Turnover: 42.4% · 7 new · 83 cut · 7 exited
Active Share (vs S&P 500): 81.6% · vs QQQ: 84.9% — share of the book that differs from index weights (higher = more active) · ranking
In its Q2 2026 13F filing, Dodge & Cox disclosed 222 equity positions with a combined reported value of $191.01B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 27.8% of reported value. HoldingsHub classifies the profile as Mega / High Turnover.
The largest disclosed positions as of Q2 2026 were JCI ($8.15B), SCHW ($7.10B), RTX ($6.66B). By sector, the heaviest allocations are Health Care 18.1%, Industrials 17.7%. Versus the prior quarter, allocation shifted toward Real Estate (+3.4pp), Technology (+1.5pp) and away from Communication Services (-1.0pp), Other (-1.1pp).
Versus the prior quarter, Dodge & Cox opened 7 new positions, trimmed 83 and fully exited 7, a turnover rate of 42.4% of positions. The portfolio's overlap with the prior quarter was 94% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | JCI | JOHNSON CONTROLS INTERNATION | 55.78M | $8.15B | 4.27% | Reduce |
| 2 | SCHW | SCHWAB CHARLES CORP | 76.97M | $7.10B | 3.72% | Add |
| 3 | RTX | RTX CORPORATION | 35.11M | $6.66B | 3.49% | Reduce |
| 4 | CVS | CVS HEALTH CORP | 50.01M | $5.17B | 2.71% | Reduce |
| 5 | MSFT | MICROSOFT CORP | 12.84M | $4.79B | 2.51% | Add |
| 6 | BKNG | BOOKING HOLDINGS INC. | 25.54M | $4.55B | 2.38% | Add |
| 7 | HUM | HUMANA INC | 10.94M | $4.35B | 2.27% | Reduce |
| 8 | GOOG | ALPHABET INC | 11.96M | $4.23B | 2.21% | Reduce |
| 9 | MET | METLIFE INC | 48.43M | $4.10B | 2.15% | Reduce |
| 10 | SUNB | SUNBELT RENTALS HOLDINGS INC | 54.76M | $4.10B | 2.15% | Add |
| 11 | AMZN | AMAZON COM INC | 16.71M | $3.98B | 2.08% | Add |
| 12 | GOOGL | ALPHABET INC | 10.66M | $3.81B | 1.99% | Hold |
| 13 | UNH | UNITEDHEALTH GROUP INCORPORATED | 9.07M | $3.77B | 1.97% | Reduce |
| 14 | META | META PLATFORMS INC. CLASS A | 6.49M | $3.66B | 1.91% | Add |
| 15 | OXY | OCCIDENTAL PETE CORP | 72.76M | $3.53B | 1.85% | Reduce |
| 16 | TEL | TE CONNECTIVITY PLC | 16.97M | $3.42B | 1.79% | Add |
| 17 | CI | THE CIGNA GROUP | 12.17M | $3.36B | 1.76% | Add |
| 18 | REGN | REGENERON PHARMACEUTICALS INC. | 4.87M | $3.04B | 1.59% | Add |
| 19 | GILD | GILEAD SCIENCES INC | 23.68M | $2.99B | 1.57% | Reduce |
| 20 | IFF | INTERNATIONAL FLAVORS&FRAGRA | 37.01M | $2.93B | 1.53% | Add |
| 21 | AON | AON PLC | 8.59M | $2.85B | 1.49% | Add |
| 22 | CMCSA | COMCAST CORP NEW | 115.90M | $2.85B | 1.49% | Add |
| 23 | APD | AIR PRODUCTS AND CHEMICALS I | 9.39M | $2.75B | 1.44% | Add |
| 24 | FTV | FORTIVE CORP | 43.98M | $2.69B | 1.41% | Add |
| 25 | BN | BROOKFIELD CORP | 61.21M | $2.61B | 1.36% | Add |
| 26 | WFC | WELLS FARGO & CO | 31.33M | $2.59B | 1.35% | Add |
| 27 | GSK | GSK PLC | 48.20M | $2.53B | 1.32% | Reduce |
| 28 | FISV | FISERV INC | 50.19M | $2.46B | 1.29% | Hold |
| 29 | BUD | ANHEUSER BUSCH INBEV SA NV | 29.48M | $2.43B | 1.27% | Reduce |
| 30 | GEHC | GE HEALTHCARE TECHNOLOGIES INC | 37.86M | $2.42B | 1.27% | Add |
| 31 | BK | BANK OF NY MELLON CORP | 16.61M | $2.40B | 1.26% | Reduce |
| 32 | ROP | ROPER TECHNOLOGIES INC | 7.06M | $2.39B | 1.25% | Add |
| 33 | FDX | FEDEX CORP | 7.23M | $2.26B | 1.19% | Reduce |
| 34 | SBAC | SBA COMMUNICATIONS CORP | 12.32M | $2.17B | 1.14% | Add |
| 35 | AJG | GALLAGHER ARTHUR J & CO | 9.36M | $2.15B | 1.12% | Add |
| 36 | CHTR | CHARTER COMMUNICATIONS INC N | 15.03M | $2.14B | 1.12% | Add |
| 37 | WTW | WILLIS TOWERS WATSON PLC LTD | 8.03M | $2.10B | 1.10% | Add |
| 38 | ZBH | ZIMMER BIOMET HOLDINGS INC | 24.12M | $2.08B | 1.09% | Add |
| 39 | CARR | CARRIER GLOBAL CORPORATION | 27.48M | $2.02B | 1.05% | Add |
| 40 | BKR | BAKER HUGHES COMPANY CLASS A | 34.85M | $1.93B | 1.01% | Reduce |
| 41 | FIS | FIDELITY NATL INFORMATION SV | 49.07M | $1.91B | 1.00% | Hold |
| 42 | V | VISA INC | 5.42M | $1.86B | 0.97% | Add |
| 43 | COF | CAPITAL ONE FINL CORP | 9.12M | $1.83B | 0.96% | Add |
| 44 | TRU | TRANSUNION | 24.20M | $1.75B | 0.91% | Add |
| 45 | UBS | UBS GROUP AG | 33.63M | $1.67B | 0.87% | Hold |
| 46 | ELAN | ELANCO ANIMAL HEALTH INC | 67.40M | $1.66B | 0.87% | Reduce |
| 47 | TMO | THERMO FISHER SCIENTIFIC INC | 3.05M | $1.53B | 0.80% | Add |
| 48 | HLN | HALEON PLC | 149.93M | $1.40B | 0.73% | Add |
| 49 | SU | SUNCOR ENERGY INC NEW | 25.37M | $1.36B | 0.71% | Reduce |
| 50 | INCY | INCYTE CORP | 11.96M | $1.36B | 0.71% | Reduce |