13F HOLDINGS REPORT
Dodge & Cox
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0000950123-25-007843
Total Value
$177.97B
Positions
219
Other Managers
0
Confidential Omitted
No
Holdings (219)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | The Charles Schwab Corp. | SCHW-PJ | 84,357,885 | $7.70B | 4.32% |
| 2 | Johnson Controls International PLC | G51502105 | 66,922,767 | $7.07B | 3.97% |
| 3 | RTX Corp. | RTX | 41,753,934 | $6.10B | 3.43% |
| 4 | Fiserv, Inc. | FISV | 29,719,536 | $5.12B | 2.88% |
| 5 | CVS Health Corp. | CVS | 73,288,766 | $5.06B | 2.84% |
| 6 | Charter Communications, Inc. | 16119P108 | 11,126,486 | $4.55B | 2.56% |
| 7 | MetLife, Inc. | MET-PF | 53,181,881 | $4.28B | 2.40% |
| 8 | Booking Holdings, Inc. | BKNG | 730,473 | $4.23B | 2.38% |
| 9 | Wells Fargo & Co. | 949746101 | 50,745,861 | $4.07B | 2.28% |
| 10 | Microsoft Corp. | MSFT | 8,142,260 | $4.05B | 2.28% |
| 11 | Comcast Corp. | CCZ | 111,272,320 | $3.97B | 2.23% |
| 12 | Amazon.com, Inc. | AMZN | 16,592,150 | $3.64B | 2.05% |
| 13 | Sanofi SA | SNYNF | 71,718,315 | $3.46B | 1.95% |
| 14 | The Bank of New York Mellon Corp. | 064058100 | 37,619,374 | $3.43B | 1.93% |
| 15 | Gilead Sciences, Inc. | GILD | 30,818,322 | $3.42B | 1.92% |
| 16 | Occidental Petroleum Corp. | 674599105 | 80,254,372 | $3.37B | 1.89% |
| 17 | FedEx Corp. | FDX | 14,482,494 | $3.29B | 1.85% |
| 18 | Meta Platforms, Inc. | META | 4,163,253 | $3.07B | 1.73% |
| 19 | GSK PLC | GLAXF | 78,757,869 | $3.02B | 1.70% |
| 20 | The Cigna Group | 125523100 | 8,950,610 | $2.96B | 1.66% |
| 21 | TE Connectivity PLC | TEL | 17,039,803 | $2.87B | 1.61% |
| 22 | Fidelity National Information Services, Inc. | 31620M106 | 35,274,497 | $2.87B | 1.61% |
| 23 | Norfolk Southern Corp. | 655844108 | 10,859,121 | $2.78B | 1.56% |
| 24 | Humana, Inc. | HUM | 11,352,920 | $2.78B | 1.56% |
| 25 | Capital One Financial Corp. | 14040H105 | 12,856,456 | $2.74B | 1.54% |
| 26 | UnitedHealth Group, Inc. | UNH | 8,750,560 | $2.73B | 1.53% |
| 27 | Anheuser-Busch InBev SA/NV | BUDFF | 38,477,542 | $2.64B | 1.49% |
| 28 | International Flavors & Fragrances, Inc. | 459506101 | 35,047,387 | $2.58B | 1.45% |
| 29 | Alphabet, Inc. | GOOG | 14,179,423 | $2.52B | 1.41% |
| 30 | Air Products & Chemicals, Inc. | AIIR | 8,821,400 | $2.49B | 1.40% |
| 31 | The Goldman Sachs Group, Inc. | GSCE | 3,306,574 | $2.34B | 1.31% |
| 32 | GE Aerospace | 369604301 | 9,065,811 | $2.33B | 1.31% |
| 33 | SBA Communications Corp. | SBAC | 8,608,494 | $2.02B | 1.14% |
| 34 | Zimmer Biomet Holdings, Inc. | ZBH | 22,097,463 | $2.02B | 1.13% |
| 35 | Regeneron Pharmaceuticals, Inc. | REGN | 3,826,283 | $2.01B | 1.13% |
| 36 | Alphabet, Inc. | GOOG | 11,275,218 | $1.99B | 1.12% |
| 37 | Sun Communities, Inc. | 866674104 | 14,198,760 | $1.80B | 1.01% |
| 38 | GE HealthCare Technologies, Inc. | GEHC | 23,567,950 | $1.75B | 0.98% |
| 39 | Fortive Corp. | FTV | 33,173,605 | $1.73B | 0.97% |
| 40 | Baker Hughes Co. | BKR | 44,582,813 | $1.71B | 0.96% |
| 41 | Haleon PLC | HLNCF | 155,471,999 | $1.61B | 0.91% |
| 42 | Avantor, Inc. | AVTR | 117,433,484 | $1.58B | 0.89% |
| 43 | Baxter International, Inc. | 071813109 | 52,121,620 | $1.58B | 0.89% |
| 44 | UBS Group AG | UBS | 45,635,942 | $1.54B | 0.87% |
| 45 | Coupang, Inc. | CPNG | 46,614,520 | $1.40B | 0.78% |
| 46 | Dominion Energy, Inc. | D | 22,925,248 | $1.30B | 0.73% |
| 47 | Novartis AG | NVSEF | 10,647,629 | $1.29B | 0.72% |
| 48 | Cognizant Technology Solutions Corp. | CTSH | 16,267,302 | $1.27B | 0.71% |
| 49 | Alibaba Group Holding, Ltd. | BBAAY | 10,964,270 | $1.24B | 0.70% |
| 50 | Elanco Animal Health, Inc. | ELAN | 82,895,232 | $1.18B | 0.67% |
| 51 | Credicorp, Ltd. | BAP | 5,147,380 | $1.15B | 0.65% |
| 52 | Alnylam Pharmaceuticals, Inc. | ALNY | 3,197,096 | $1.04B | 0.59% |
| 53 | Suncor Energy, Inc. | SU | 27,401,654 | $1.03B | 0.58% |
| 54 | LPL Financial Holdings, Inc. | 50212V100 | 2,701,709 | $1.01B | 0.57% |
| 55 | ConocoPhillips | COP | 11,235,453 | $1.01B | 0.57% |
| 56 | Incyte Corp. | INCY | 14,595,181 | $993.9M | 0.56% |
| 57 | American Electric Power Co., Inc. | 025537101 | 9,572,403 | $993.2M | 0.56% |
| 58 | LyondellBasell Industries NV | LYB | 16,969,997 | $981.9M | 0.55% |
| 59 | T-Mobile U.S., Inc. | TMUSZ | 4,100,279 | $976.9M | 0.55% |
| 60 | Carrier Global Corp. | CARR | 12,776,049 | $935.1M | 0.53% |
| 61 | HP, Inc. | HPQ | 34,943,498 | $854.7M | 0.48% |
| 62 | Celanese Corp. | CE | 15,324,667 | $847.9M | 0.48% |
| 63 | Bank of America Corp. | 060505104 | 17,860,502 | $845.2M | 0.47% |
| 64 | BioMarin Pharmaceutical, Inc. | BMRN | 15,108,310 | $830.5M | 0.47% |
| 65 | State Street Corp. | STT-PG | 7,412,414 | $788.2M | 0.44% |
| 66 | Fox Corp. | FOX | 14,017,947 | $785.6M | 0.44% |
| 67 | Teledyne Technologies, Inc. | TDY | 1,497,740 | $767.3M | 0.43% |
| 68 | Neurocrine Biosciences, Inc. | NBIX | 5,566,814 | $699.7M | 0.39% |
| 69 | XP, Inc. | XP | 34,308,445 | $693.0M | 0.39% |
| 70 | Molson Coors Beverage Co. | TAP-A | 14,396,195 | $692.3M | 0.39% |
| 71 | Medtronic PLC | MDT | 7,740,383 | $674.7M | 0.38% |
| 72 | Cemex SAB de CV | CXMSF | 95,023,835 | $658.5M | 0.37% |
| 73 | Aegon, Ltd. | AEFC | 88,737,090 | $642.5M | 0.36% |
| 74 | Gaming & Leisure Properties, Inc. | 36467J108 | 13,618,357 | $635.7M | 0.36% |
| 75 | Linde PLC | LIN | 1,329,590 | $623.8M | 0.35% |
| 76 | Amrize, Ltd. | AMRZ | 12,470,706 | $622.1M | 0.35% |
| 77 | JD.com, Inc. | JDCMF | 18,705,949 | $610.6M | 0.34% |
| 78 | Nutrien, Ltd. | NTR | 10,076,659 | $586.9M | 0.33% |
| 79 | Ralliant Corp. | RAL | 10,797,506 | $523.6M | 0.29% |
| 80 | VF Corp. | VFC | 40,954,100 | $481.2M | 0.27% |
| 81 | TC Energy Corp. | TRPRF | 9,645,800 | $470.6M | 0.26% |
| 82 | Baidu, Inc. | BAIDF | 5,427,715 | $465.5M | 0.26% |
| 83 | Microchip Technology, Inc. | MCHPP | 6,339,800 | $446.1M | 0.25% |
| 84 | Willis Towers Watson PLC | WTW | 1,278,423 | $391.8M | 0.22% |
| 85 | Bristol-Myers Squibb Co. | CELG-RI | 8,436,759 | $390.5M | 0.22% |
| 86 | News Corp. | NWSLL | 13,016,220 | $386.8M | 0.22% |
| 87 | Yum China Holdings, Inc. | YUMC | 8,516,462 | $380.8M | 0.21% |
| 88 | Fox Corp. | FOX | 7,308,816 | $377.4M | 0.21% |
| 89 | EchoStar Corp. | SATS | 13,398,270 | $371.1M | 0.21% |
| 90 | NetEase, Inc. | NETTF | 2,745,776 | $369.5M | 0.21% |
| 91 | Archer-Daniels-Midland Co. | ADM | 6,549,624 | $345.7M | 0.19% |
| 92 | Teck Resources, Ltd. | TCKRF | 8,467,540 | $341.9M | 0.19% |
| 93 | Millicom International Cellular SA | L6388F110 | 8,836,132 | $331.1M | 0.19% |
| 94 | HDFC Bank, Ltd. | HDB | 2,982,400 | $228.7M | 0.13% |
| 95 | Flutter Entertainment PLC | G3643J108 | 628,878 | $179.7M | 0.10% |
| 96 | Coherent Corp. | COHR | 1,731,595 | $154.5M | 0.09% |
| 97 | Grupo Televisa SAB | GRPFF | 64,208,690 | $140.6M | 0.08% |
| 98 | Sunrise Communications AG | SNNRF | 2,289,925 | $129.5M | 0.07% |
| 99 | Itau Unibanco Holding SA | 465562106 | 17,675,815 | $120.0M | 0.07% |
| 100 | The Gap, Inc. | GAP | 5,439,326 | $118.6M | 0.07% |
| 101 | American Express Co. | AXP | 358,414 | $114.3M | 0.06% |
| 102 | Fresenius Medical Care AG | FMCQF | 3,826,910 | $109.3M | 0.06% |
| 103 | BioNTech SE | BNTX | 877,437 | $93.4M | 0.05% |
| 104 | GE Vernova, Inc. | GEV | 162,221 | $85.8M | 0.05% |
| 105 | JPMorgan Chase & Co. | VYLD | 267,683 | $77.6M | 0.04% |
| 106 | Cadence Design Systems, Inc. | CDNS | 246,472 | $76.0M | 0.04% |
| 107 | The Williams Co., Inc. | 969457100 | 1,134,547 | $71.3M | 0.04% |
| 108 | Liberty Global, Ltd. | LBTYK | 6,682,068 | $68.9M | 0.04% |
| 109 | Union Pacific Corp. | UNP | 275,441 | $63.4M | 0.04% |
| 110 | Liberty Global, Ltd. | LBTYK | 4,767,561 | $47.7M | 0.03% |
| 111 | Cisco Systems, Inc. | CSCO | 621,455 | $43.1M | 0.02% |
| 112 | The Walt Disney Co. | 254687106 | 292,103 | $36.2M | 0.02% |
| 113 | Eli Lilly & Co. | LLY | 44,957 | $35.0M | 0.02% |
| 114 | The Travelers Co., Inc. | TRV | 103,926 | $27.8M | 0.02% |
| 115 | Chevron Corp. | CVX | 181,857 | $26.0M | 0.01% |
| 116 | Taiwan Semiconductor Manufacturing Co., Ltd. | 874039100 | 107,800 | $24.4M | 0.01% |
| 117 | Schlumberger NV | SLB | 566,284 | $19.1M | 0.01% |
| 118 | Walmart, Inc. | WMT | 179,085 | $17.5M | 0.01% |
| 119 | Caterpillar, Inc. | CAT | 41,921 | $16.3M | 0.01% |
| 120 | The Procter & Gamble Co. | 742718109 | 94,301 | $15.0M | 0.01% |
| 121 | International Business Machines Corp. | INTR | 48,071 | $14.2M | 0.01% |
| 122 | National Energy Services Reunited Corp. | NESR | 2,136,794 | $12.9M | 0.01% |
| 123 | Merck & Co., Inc. | MRK | 157,300 | $12.5M | 0.01% |
| 124 | Target Corp. | TGT | 109,909 | $10.8M | 0.01% |
| 125 | Thermo Fisher Scientific, Inc. | TMO | 25,941 | $10.5M | 0.01% |
| 126 | Boston Scientific Corp. | BSX | 90,385 | $9.7M | 0.01% |
| 127 | AstraZeneca PLC | AZN | 137,488 | $9.6M | 0.01% |
| 128 | The Home Depot, Inc. | HD | 23,622 | $8.7M | 0.00% |
| 129 | Exxon Mobil Corp. | XOM | 77,616 | $8.4M | 0.00% |
| 130 | Adobe, Inc. | ADBE | 19,657 | $7.6M | 0.00% |
| 131 | Analog Devices, Inc. | ADI | 30,805 | $7.3M | 0.00% |
| 132 | Deere & Co. | DE | 12,736 | $6.5M | 0.00% |
| 133 | Vulcan Materials Co. | 929160109 | 24,200 | $6.3M | 0.00% |
| 134 | Apple, Inc. | AAPL | 30,244 | $6.2M | 0.00% |
| 135 | Berkshire Hathaway, Inc. | BRK-A | 12,740 | $6.2M | 0.00% |
| 136 | Hess Corp. | HESM | 44,525 | $6.2M | 0.00% |
| 137 | Broadcom, Inc. | AVGO | 21,180 | $5.8M | 0.00% |
| 138 | Synopsys, Inc. | SNPS | 11,000 | $5.6M | 0.00% |
| 139 | Motorola Solutions, Inc. | MSI | 11,355 | $4.8M | 0.00% |
| 140 | Shell PLC | RYDAF | 57,213 | $4.0M | 0.00% |
| 141 | Amgen, Inc. | AMGN | 13,682 | $3.8M | 0.00% |
| 142 | Danaher Corp. | 235851102 | 16,525 | $3.3M | 0.00% |
| 143 | Johnson & Johnson | JNJ | 20,947 | $3.2M | 0.00% |
| 144 | Philip Morris International, Inc. | 718172109 | 17,000 | $3.1M | 0.00% |
| 145 | Dell Technologies, Inc. | DELL | 24,630 | $3.0M | 0.00% |
| 146 | Berkshire Hathaway, Inc. | BRK-A | 4 | $2.9M | 0.00% |
| 147 | S&P Global, Inc. | SPGI | 5,400 | $2.8M | 0.00% |
| 148 | Juniper Networks, Inc. | 48203R104 | 66,959 | $2.7M | 0.00% |
| 149 | The PNC Financial Services Group, Inc. | 693475105 | 14,080 | $2.6M | 0.00% |
| 150 | Pfizer, Inc. | PFE | 107,960 | $2.6M | 0.00% |
| 151 | JOYY, Inc. | JOYY | 49,606 | $2.5M | 0.00% |
| 152 | Abbott Laboratories | ABLZF | 17,324 | $2.4M | 0.00% |
| 153 | Honda Motor Co., Ltd. | HNDAF | 78,950 | $2.3M | 0.00% |
| 154 | ACM Research, Inc. | 00108J109 | 81,092 | $2.1M | 0.00% |
| 155 | Corning, Inc. | GLW | 39,900 | $2.1M | 0.00% |
| 156 | AbbVie, Inc. | ABBV | 10,473 | $1.9M | 0.00% |
| 157 | McDonald's Corp. | MCD | 6,573 | $1.9M | 0.00% |
| 158 | Otis Worldwide Corp. | OTIS | 19,320 | $1.9M | 0.00% |
| 159 | Vipshop Holdings, Ltd. | VIPS | 124,197 | $1.9M | 0.00% |
| 160 | Honeywell International, Inc. | 438516106 | 8,019 | $1.9M | 0.00% |
| 161 | Hewlett Packard Enterprise Co. | HPE-PC | 88,583 | $1.8M | 0.00% |
| 162 | Parker-Hannifin Corp. | PH | 2,500 | $1.7M | 0.00% |
| 163 | The Coca-Cola Co. | KO | 24,635 | $1.7M | 0.00% |
| 164 | NextEra Energy, Inc. | NEE-PW | 23,600 | $1.6M | 0.00% |
| 165 | Corteva, Inc. | CTVA | 20,961 | $1.6M | 0.00% |
| 166 | Unilever PLC | UNLYF | 23,900 | $1.5M | 0.00% |
| 167 | 3M Co. | MMM | 9,146 | $1.4M | 0.00% |
| 168 | Colgate-Palmolive Co. | CL | 14,000 | $1.3M | 0.00% |
| 169 | Altria Group, Inc. | MO | 21,000 | $1.2M | 0.00% |
| 170 | Las Vegas Sands Corp. | LVS | 28,186 | $1.2M | 0.00% |
| 171 | Diageo PLC | DGEAF | 11,197 | $1.1M | 0.00% |
| 172 | Trip.com Group, Ltd. | TRPCF | 19,250 | $1.1M | 0.00% |
| 173 | DuPont de Nemours, Inc. | DD | 15,551 | $1.1M | 0.00% |
| 174 | Halliburton Co. | HAL | 51,760 | $1.1M | 0.00% |
| 175 | eBay, Inc. | EBAY | 14,100 | $1.0M | 0.00% |
| 176 | Ameriprise Financial, Inc. | 03076C106 | 1,827 | $975,125 | 0.00% |
| 177 | Truist Financial Corp. | 89832Q109 | 20,911 | $898,964 | 0.00% |
| 178 | Arcos Dorados Holdings, Inc. | ARCO | 109,966 | $867,632 | 0.00% |
| 179 | Live Nation Entertainment, Inc. | LYV | 5,400 | $816,912 | 0.00% |
| 180 | Nucor Corp. | NUE | 6,200 | $803,148 | 0.00% |
| 181 | Mondelez International, Inc. | 609207105 | 11,840 | $798,490 | 0.00% |
| 182 | Moody's Corp. | MCO | 1,566 | $785,490 | 0.00% |
| 183 | APA Corp. | APA | 41,600 | $760,864 | 0.00% |
| 184 | Blackrock, Inc. | BLK | 655 | $687,259 | 0.00% |
| 185 | Vanguard S&P 500 ETF | 922908363 | 1,200 | $681,739 | 0.00% |
| 186 | Kaspi.KZ JSC | 48581R205 | 7,826 | $664,349 | 0.00% |
| 187 | Intercorp Financial Services, Inc. | INTR | 17,391 | $663,119 | 0.00% |
| 188 | Afya, Ltd. | AFYA | 35,262 | $629,779 | 0.00% |
| 189 | Ambev SA | ABEV | 260,400 | $627,564 | 0.00% |
| 190 | Affiliated Managers Group, Inc. | MGRE | 3,000 | $590,310 | 0.00% |
| 191 | General Mills, Inc. | 370334104 | 11,200 | $580,272 | 0.00% |
| 192 | Genuine Parts Co. | GPC | 4,665 | $565,911 | 0.00% |
| 193 | Grupo Cibest SA | CIB | 12,046 | $556,405 | 0.00% |
| 194 | Geopark, Ltd. | GPRK | 84,545 | $551,233 | 0.00% |
| 195 | Grupo Aeroportuario del Sureste SAB de CV | 40051E202 | 1,700 | $542,079 | 0.00% |
| 196 | The Allstate Corp. | ALL-PJ | 2,595 | $522,399 | 0.00% |
| 197 | Elevance Health, Inc. | ELV | 1,300 | $505,648 | 0.00% |
| 198 | MGM Resorts International | MGM | 14,000 | $481,460 | 0.00% |
| 199 | Cintas Corp. | CTAS | 2,000 | $445,740 | 0.00% |
| 200 | Copa Holdings SA | CPA | 3,950 | $434,382 | 0.00% |
| 201 | Dlocal, Ltd. | DLO | 36,700 | $416,178 | 0.00% |
| 202 | PepsiCo, Inc. | PEP | 3,075 | $406,023 | 0.00% |
| 203 | Petroleo Brasileiro SA - Petrobras | 71654V408 | 30,400 | $380,304 | 0.00% |
| 204 | Dow, Inc. | DOW | 14,210 | $376,281 | 0.00% |
| 205 | Lockheed Martin Corp. | LMT | 775 | $358,934 | 0.00% |
| 206 | Loma Negra Cia Industrial Argentina SA | 54150E104 | 31,100 | $341,167 | 0.00% |
| 207 | PayPal Holdings, Inc. | PYPL | 4,475 | $332,582 | 0.00% |
| 208 | Phillips 66 | PSX | 2,600 | $310,180 | 0.00% |
| 209 | Laureate Education, Inc. | LAUR | 13,100 | $306,278 | 0.00% |
| 210 | Visa, Inc. | V | 859 | $304,988 | 0.00% |
| 211 | Patria Investments, Ltd. | PAX | 21,200 | $298,072 | 0.00% |
| 212 | Intuitive Surgical, Inc. | ISRG | 500 | $271,705 | 0.00% |
| 213 | PPG Industries, Inc. | 693506107 | 2,200 | $250,250 | 0.00% |
| 214 | Verizon Communications, Inc. | VZ | 5,500 | $237,985 | 0.00% |
| 215 | Zoetis, Inc. | ZTS | 1,500 | $233,925 | 0.00% |
| 216 | Rio Tinto PLC | RTNTF | 4,000 | $233,320 | 0.00% |
| 217 | JBS NV | JBS | 15,950 | $233,030 | 0.00% |
| 218 | Chubb, Ltd. | CB | 722 | $209,178 | 0.00% |
| 219 | Cia Energetica de Minas Gerais | 204409601 | 15,000 | $29,400 | 0.00% |