DODGE & COXDODGE & COX

Institutional investor · Portfolio as of Q3 2023

SEC EDGAR SourceSEC Filings
$148.4B
AUM
192
Positions
Q3 2023
Filing
Rating · 3.5
Quarterly Portfolio Change
-12%Q2'22$144.5B-9%Q3'22$132B+10%Q4'22$145.8B+1%Q1'23$146.8B+2%Q2'23$149.9B-1%Q3'23$148.4B
Activity profile
$ moved · Q3'23
New6%Increased25%Decreased69%Exited0%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 3.9 years
<1Q2%1-4Q2%1-2Y8%2Y+88%

DODGE & COX manages $148.4B across 192 positions as of Q3 2023. Top holdings: OXY (4.0%), WFC (3.3%), GOOG (3.1%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 3.5/5.0.

Q3 2023 Summary

Added 4 new positions, exited 3, increased 24, trimmed 116. Top move: CI (INCREASED, conviction 61). Portfolio: $148.4B across 192 positions.

Top holdings by portfolio weight

Total AUM$148B
OXY3.95%
WFC3.25%
GOOG3.14%
SCHW2.89%
SNY2.84%
FISV2.67%
CI2.59%
FDX2.58%
CHTR2.51%
MSFT2.43%
Other2.28%

Portfolio allocation by GICS sector

Sectors11
Financial Services20.33%
Healthcare19.67%
Communication Services12.66%
Technology10.25%
Industrials9.87%
Energy9.26%
Unknown6.29%
Consumer Cyclical6.13%
Basic Materials3.00%
Consumer Defensive1.86%
Other0.68%

Behavioral investing profile

7-dimension quality assessment
Strong(3.5 / 5.0)
Track Record78
Conviction37
Concentration0
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Holdings192 positions

Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction

OCCIDENTAL PETE CORP

90.4M$5.9B4.0%$35.65+74.65%
20 qtrssince 2018-Q4
Decreased
0

WELLS FARGO & CO

118.1M$4.8B3.3%$31.45+22.19%
20 qtrssince 2018-Q4
Decreased
0

ALPHABET INC

35.4M$4.7B3.1%$95.04+37.70%
20 qtrssince 2018-Q4
Decreased
0

SCHWAB CHARLES CORP

78.2M$4.3B2.9%$39.83+33.12%
20 qtrssince 2018-Q4
Decreased
0
SNYSNY
ADR

SANOFI SA

78.5M$4.2B2.8%$37.94+29.88%
20 qtrssince 2018-Q4
Decreased
0

FISERV INC

35M$4B2.7%$110.20+2.50%
12 qtrssince 2020-Q4
Decreased
0

THE CIGNA GROUP

13.4M$3.8B2.6%$185.40+48.05%
20 qtrssince 2018-Q4
Increased
61

FEDEX CORP

14.5M$3.8B2.6%$163.94+53.96%
20 qtrssince 2018-Q4
Decreased
0

CHARTER COMMUNICATIONS INC

8.5M$3.7B2.5%$374.60+17.41%
20 qtrssince 2018-Q4
Decreased
0

MICROSOFT CORP

11.4M$3.6B2.4%$125.63+147.14%
20 qtrssince 2018-Q4
Decreased
0

JOHNSON CONTROLS INTERNATION

63.7M$3.4B2.3%$27.90+84.03%
20 qtrssince 2018-Q4
Increased
57

UBS GROUP AG

136.9M$3.4B2.3%$12.58+84.83%
20 qtrssince 2018-Q4
Decreased
0

METLIFE INC

53.7M$3.4B2.3%$30.75+89.81%
20 qtrssince 2018-Q4
Decreased
0

COMCAST CORP NEW

75.8M$3.4B2.3%$27.83+37.17%
20 qtrssince 2018-Q4
Decreased
0
VMWVMWDelisted

VMWARE INC

19.7M$3.3B2.2%
20 qtrssince 2018-Q4
Decreased
0

CAPITAL ONE FINL CORP

28.4M$2.8B1.9%$67.91+38.02%
20 qtrssince 2018-Q4
Decreased
0

BANK NEW YORK MELLON CORP

59M$2.5B1.7%$36.17+10.49%
20 qtrssince 2018-Q4
Decreased
0

GILEAD SCIENCES INC

33.5M$2.5B1.7%$53.29+30.25%
20 qtrssince 2018-Q4
Decreased
0
GSKGSK
ADR

GSK PLC

69.3M$2.5B1.7%$26.67+24.16%
5 qtrssince 2022-Q3
Decreased
0

BOOKING HOLDINGS INC

799,155$2.5B1.7%$67.25+80.07%
20 qtrssince 2018-Q4
Decreased
0
Showing 20 of 192 results.172 more with Pro.PROUpgrade to see all →

Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

Security
7Q
CMCSACOMCAST CORP NEW
Q3 2024 Q1 2026+40.4M shares+$398.9M
7Q
CPNGCOUPANG INC
Q3 2024 Q1 2026+59.9M shares+$1.1B
7Q
ITUBITAU UNIBANCO HLDG S A
Q3 2024 Q1 2026+3.9M shares+$71.7M

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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