whalepapers
Overview/ Dodge & Cox/ Q3 2025

Dodge & Cox

CIK 0000200217 · As of Q3 2025 · filed Nov 13, 2025

Q3 2025

Holdings

219 positions · Δ vs prior quarter
SCHW SCHWAB (CHARLES) CORP
$7.93B
4.3%
83,043,253 −1,314,632 −1.6% Reduced
JCI JOHNSON CONTROLS INTERNATION
$7.06B
3.8%
64,210,645 −2,712,122 −4.1% Reduced
RTX RTX CORP
$6.71B
3.6%
40,099,366 −1,654,568 −4.0% Reduced
CVS CVS HEALTH CORP
$5.52B
3.0%
73,176,586 −112,180 −0.2% Reduced
FISV FISERV INC
$4.98B
2.7%
38,634,009 +8,914,473 +30.0% Added
MET METLIFE INC
$4.42B
2.4%
53,659,664 +477,783 +0.9% Added
MSFT MICROSOFT CORP
$4.08B
2.2%
7,872,161 −270,099 −3.3% Reduced
FDX FEDEX CORP
$3.83B
2.1%
16,225,160 +1,742,666 +12.0% Added
BNY BANK OF NEW YORK MELLON CORP
$3.80B
2.0%
34,842,944 −2,776,430 −7.4% Reduced
OXY OCCIDENTAL PETROLEUM CORP
$3.77B
2.0%
79,883,371 −371,001 −0.5% Reduced
BKNG BOOKING HOLDINGS INC
$3.64B
2.0%
675,082 −55,391 −7.6% Reduced
AMZN AMAZON.COM INC
$3.58B
1.9%
16,296,330 −295,820 −1.8% Reduced
CMCSA COMCAST CORP-CLASS A
$3.54B
1.9%
112,567,918 +1,295,598 +1.2% Added
TEL TE CONNECTIVITY PLC
$3.52B
1.9%
16,039,754 −1,000,049 −5.9% Reduced
GOOG ALPHABET INC-CL C
$3.41B
1.8%
13,992,737 −186,686 −1.3% Reduced
GSK GSK PLC-SPON ADR
$3.38B
1.8%
78,403,734 −354,135 −0.4% Reduced
GILD GILEAD SCIENCES INC
$3.34B
1.8%
30,133,131 −685,191 −2.2% Reduced
UNH UNITEDHEALTH GROUP INC
$3.28B
1.8%
9,505,636 +755,076 +8.6% Added
NSC NORFOLK SOUTHERN CORP
$3.27B
1.8%
10,874,249 +15,128 +0.1% Added
WFC WELLS FARGO & CO
$3.26B
1.8%
38,887,925 −11,857,936 −23.4% Reduced
SNY SANOFI-ADR
$3.25B
1.8%
68,931,747 −2,786,568 −3.9% Reduced
CHTR CHARTER COMMUNICATIONS INC-A
$3.25B
1.8%
11,807,549 +681,063 +6.1% Added
HUM HUMANA INC
$2.95B
1.6%
11,338,186 −14,734 −0.1% Reduced
META META PLATFORMS INC-CLASS A
$2.91B
1.6%
3,963,207 −200,046 −4.8% Reduced
FIS FIDELITY NATIONAL INFO SERV
$2.84B
1.5%
43,105,207 +7,830,710 +22.2% Added
GOOGL ALPHABET INC-CL A
$2.76B
1.5%
11,338,777 +63,559 +0.6% Added
CI THE CIGNA GROUP
$2.68B
1.4%
9,305,225 +354,615 +4.0% Added
COF CAPITAL ONE FINANCIAL CORP
$2.57B
1.4%
12,107,917 −748,539 −5.8% Reduced
REGN REGENERON PHARMACEUTICALS
$2.56B
1.4%
4,550,845 +724,562 +18.9% Added
APD AIR PRODUCTS & CHEMICALS INC
$2.46B
1.3%
9,004,892 +183,492 +2.1% Added
ZBH ZIMMER BIOMET HOLDINGS INC
$2.29B
1.2%
23,216,173 +1,118,710 +5.1% Added
IFF INTL FLAVORS & FRAGRANCES
$2.28B
1.2%
36,972,638 +1,925,251 +5.5% Added
BUD ANHEUSER-BUSCH INBEV-SPN ADR
$2.18B
1.2%
36,546,221 −1,931,321 −5.0% Reduced
BKR BAKER HUGHES CO
$2.15B
1.2%
44,053,488 −529,325 −1.2% Reduced
FTV FORTIVE CORP
$2.09B
1.1%
42,595,794 +9,422,189 +28.4% Added
GEHC GE HEALTHCARE TECHNOLOGY
$2.07B
1.1%
27,517,311 +3,949,361 +16.8% Added
BABA ALIBABA GROUP HOLDING-SP ADR
$1.96B
1.1%
10,975,370 +11,100 +0.1% Added
GE GENERAL ELECTRIC
$1.89B
1.0%
6,271,622 −2,794,189 −30.8% Reduced
SBAC SBA COMMUNICATIONS CORP
$1.87B
1.0%
9,667,297 +1,058,803 +12.3% Added
SUI SUN COMMUNITIES INC
$1.87B
1.0%
14,480,815 +282,055 +2.0% Added
GS GOLDMAN SACHS GROUP INC
$1.76B
0.9%
2,208,625 −1,097,949 −33.2% Reduced
UBS UBS GROUP AG-REG
$1.75B
0.9%
42,641,442 −2,994,500 −6.6% Reduced
ELAN ELANCO ANIMAL HEALTH INC
$1.67B
0.9%
82,759,837 −135,395 −0.2% Reduced
CPNG COUPANG INC
$1.51B
0.8%
46,947,720 +333,200 +0.7% Added
AVTR AVANTOR INC
$1.47B
0.8%
117,746,888 +313,404 +0.3% Added
D DOMINION ENERGY INC
$1.39B
0.8%
22,780,033 −145,215 −0.6% Reduced
HLN HALEON PLC-ADR
$1.38B
0.7%
154,384,622 −1,087,377 −0.7% Reduced
NVS NOVARTIS AG-SPONSORED ADR
$1.36B
0.7%
10,585,145 −62,484 −0.6% Reduced
BAX BAXTER INTERNATIONAL INC
$1.31B
0.7%
57,396,370 +5,274,750 +10.1% Added
BAP CREDICORP LTD
$1.30B
0.7%
4,899,715 −247,665 −4.8% Reduced
WTW WILLIS TOWERS WATSON PLC
$1.25B
0.7%
3,632,191 +2,353,768 +184.1% Added
AON AON PLC-CLASS A
$1.24B
0.7%
3,464,683 +3,464,683 New
INCY INCYTE CORP
$1.18B
0.6%
13,932,416 −662,765 −4.5% Reduced
SU SUNCOR ENERGY INC
$1.15B
0.6%
27,471,954 +70,300 +0.3% Added
LPLA LPL FINANCIAL HOLDINGS INC
$1.11B
0.6%
3,329,255 +627,546 +23.2% Added
CTSH COGNIZANT TECH SOLUTIONS-A
$1.09B
0.6%
16,201,642 −65,660 −0.4% Reduced
AEP AMERICAN ELECTRIC POWER
$1.07B
0.6%
9,523,516 −48,887 −0.5% Reduced
ALNY ALNYLAM PHARMACEUTICALS INC
$1.06B
0.6%
2,321,230 −875,866 −27.4% Reduced
TDY TELEDYNE TECHNOLOGIES INC
$985.1M
0.5%
1,680,962 +183,222 +12.2% Added
COP CONOCOPHILLIPS
$976.8M
0.5%
10,327,000 −908,453 −8.1% Reduced
HPQ HP INC
$944.4M
0.5%
34,683,331 −260,167 −0.7% Reduced
ECHO ECHOSTAR CORP-A
$900.4M
0.5%
11,791,127 −1,607,143 −12.0% Reduced
ADM ARCHER-DANIELS-MIDLAND CO
$900.2M
0.5%
15,068,544 +8,518,920 +130.1% Added
TMUS T-MOBILE US INC
$896.1M
0.5%
3,743,522 −356,757 −8.7% Reduced
CX CEMEX SAB-SPONS ADR PART CER
$869.6M
0.5%
96,734,370 +1,710,535 +1.8% Added
TAP MOLSON COORS BEVERAGE CO - B
$843.1M
0.5%
18,631,224 +4,235,029 +29.4% Added
LYB LYONDELLBASELL INDU-CL A
$832.2M
0.4%
16,969,062 −935 −0.0% Reduced
FOXA FOX CORP - CLASS A
$829.4M
0.4%
13,151,969 −865,978 −6.2% Reduced
CARR CARRIER GLOBAL CORP
$801.6M
0.4%
13,427,697 +651,648 +5.1% Added
BMRN BIOMARIN PHARMACEUTICAL INC
$795.4M
0.4%
14,686,801 −421,509 −2.8% Reduced
BAC BANK OF AMERICA CORP
$791.8M
0.4%
15,347,021 −2,513,481 −14.1% Reduced
STT STATE STREET CORP
$788.3M
0.4%
6,795,174 −617,240 −8.3% Reduced
NBIX NEUROCRINE BIOSCIENCES INC
$780.0M
0.4%
5,556,618 −10,196 −0.2% Reduced
MDT MEDTRONIC PLC
$735.7M
0.4%
7,725,071 −15,312 −0.2% Reduced
AEG AEGON LTD-NY REG SHR
$685.4M
0.4%
85,783,505 −2,953,585 −3.3% Reduced
JD JD.COM INC-ADR
$657.4M
0.4%
18,792,249 +86,300 +0.5% Added
XP XP INC - CLASS A
$647.8M
0.3%
34,478,145 +169,700 +0.5% Added
CE CELANESE CORP
$646.4M
0.3%
15,361,604 +36,937 +0.2% Added
GLPI GAMING AND LEISURE PROPERTIE
$633.1M
0.3%
13,582,857 −35,500 −0.3% Reduced
LIN LINDE PLC
$631.6M
0.3%
1,329,590 Held
VFC VF CORP
$591.3M
0.3%
40,977,400 +23,300 +0.1% Added
BIDU BAIDU INC - SPON ADR
$580.4M
0.3%
4,404,415 −1,023,300 −18.9% Reduced
ADBE ADOBE INC
$562.1M
0.3%
1,593,506 +1,573,849 +8006.6% Added
TRP TC ENERGY CORP
$524.8M
0.3%
9,645,800 Held
RAL RALLIANT CORP
$471.4M
0.3%
10,780,303 −17,203 −0.2% Reduced
FOX FOX CORP - CLASS B
$417.4M
0.2%
7,285,191 −23,625 −0.3% Reduced
TIGO MILLICOM INTL CELLULAR S.A.
$410.1M
0.2%
8,448,632 −387,500 −4.4% Reduced
MCHP MICROCHIP TECHNOLOGY INC
$398.9M
0.2%
6,211,864 −127,936 −2.0% Reduced
NWSA NEWS CORP - CLASS A
$383.2M
0.2%
12,476,445 −539,775 −4.1% Reduced
YUMC YUM CHINA HOLDINGS INC
$365.7M
0.2%
8,520,862 +4,400 +0.1% Added
BNTX BIONTECH SE-ADR
$359.7M
0.2%
3,647,091 +2,769,654 +315.7% Added
NTES NETEASE INC-ADR
$348.4M
0.2%
2,292,576 −453,200 −16.5% Reduced
TECK TECK RESOURCES LTD-CLS B
$345.5M
0.2%
7,871,440 −596,100 −7.0% Reduced
BMY BRISTOL-MYERS SQUIBB CO
$334.8M
0.2%
7,423,820 −1,012,939 −12.0% Reduced
AMRZ AMRIZE LTD
$280.4M
0.2%
5,786,541 −6,684,165 −53.6% Reduced
HDB HDFC BANK LTD-ADR
$212.3M
0.1%
6,214,800 +3,232,400 +108.4% Added
TV GRUPO TELEVISA SA-SPON ADR
$172.7M
0.1%
64,208,690 Held
FLUT FLUTTER ENTERTAINMENT PLC-DI
$159.7M
0.1%
628,878 Held
ITUB ITAU UNIBANCO H-SPON PRF ADR
$136.7M
0.1%
18,622,215 +946,400 +5.4% Added
GAP GAP INC
$116.1M
0.1%
5,429,526 −9,800 −0.2% Reduced
AXP AMERICAN EXPRESS CO
$114.8M
0.1%
345,492 −12,922 −3.6% Reduced
FMS FRESENIUS MEDICAL CARE-ADR
$100.8M
0.1%
3,826,910 Held
GEV GE VERNOVA INC
$94.5M
0.1%
153,740 −8,481 −5.2% Reduced
CDNS CADENCE DESIGN SYS INC
$84.5M
0.0%
240,525 −5,947 −2.4% Reduced
COHR COHERENT CORP
$80.2M
0.0%
744,879 −986,716 −57.0% Reduced
LBTYK LIBERTY GLOBAL LTD-C
$78.5M
0.0%
6,682,068 Held
WMB WILLIAMS COS INC
$70.7M
0.0%
1,115,522 −19,025 −1.7% Reduced
UNP UNION PACIFIC CORP
$64.5M
0.0%
272,881 −2,560 −0.9% Reduced
JPM JPMORGAN CHASE & CO
$61.4M
0.0%
194,655 −73,028 −27.3% Reduced
IEX IDEX CORP
$56.0M
0.0%
344,342 +344,342 New
LBTYA LIBERTY GLOBAL LTD-A
$54.6M
0.0%
4,767,561 Held
CVX CHEVRON CORP
$34.7M
0.0%
223,271 +41,414 +22.8% Added
LLY ELI LILLY & CO
$33.1M
0.0%
43,384 −1,573 −3.5% Reduced
DIS WALT DISNEY CO
$33.0M
0.0%
288,127 −3,976 −1.4% Reduced
TSM TAIWAN SEMICONDUCTOR-SP ADR
$30.1M
0.0%
107,800 Held
TRV TRAVELERS COS INC
$28.2M
0.0%
100,965 −2,961 −2.8% Reduced
NESR NATIONAL ENERGY SERVICES REU
$23.1M
0.0%
2,255,894 +119,100 +5.6% Added
CAT CATERPILLAR INC
$19.5M
0.0%
40,794 −1,127 −2.7% Reduced
WMT WALMART INC
$18.6M
0.0%
180,835 +1,750 +1.0% Added
SLB SLB LTD
$16.4M
0.0%
476,259 −90,025 −15.9% Reduced
CSCO CISCO SYSTEMS INC
$14.9M
0.0%
217,789 −403,666 −65.0% Reduced
PG PROCTER & GAMBLE CO
$14.0M
0.0%
90,796 −3,505 −3.7% Reduced
IBM INTL BUSINESS MACHINES CORP
$13.3M
0.0%
47,188 −883 −1.8% Reduced
MRK MERCK & CO. INC.
$12.9M
0.0%
154,275 −3,025 −1.9% Reduced
TMO THERMO FISHER SCIENTIFIC INC
$12.5M
0.0%
25,741 −200 −0.8% Reduced
AZNN ASTRAZENECA PLC-SPONS ADR
$10.5M
0.0%
137,488 Held
TGT TARGET CORP
$9.5M
0.0%
106,079 −3,830 −3.5% Reduced
HD HOME DEPOT INC
$9.4M
0.0%
23,272 −350 −1.5% Reduced
BSX BOSTON SCIENTIFIC CORP
$8.7M
0.0%
88,885 −1,500 −1.7% Reduced
EXMOC EXXON MOBIL CORP
$8.6M
0.0%
75,863 −1,753 −2.3% Reduced
AAPL APPLE INC
$8.0M
0.0%
31,322 +1,078 +3.6% Added
ADI ANALOG DEVICES INC
$7.6M
0.0%
30,805 Held
VMC VULCAN MATERIALS CO
$7.4M
0.0%
24,100 −100 −0.4% Reduced
AVGO BROADCOM INC
$6.9M
0.0%
21,030 −150 −0.7% Reduced
DE DEERE & CO
$5.8M
0.0%
12,626 −110 −0.9% Reduced
BRK/B BERKSHIRE HATHAWAY INC-CL B
$5.8M
0.0%
11,440 −1,300 −10.2% Reduced
SNPS SYNOPSYS INC
$5.4M
0.0%
10,900 −100 −0.9% Reduced
MSI MOTOROLA SOLUTIONS INC
$5.2M
0.0%
11,355 Held
ACMR ACM RESEARCH INC-CLASS A
$4.8M
0.0%
122,892 +41,800 +51.5% Added
SHEL SHELL PLC-ADR
$4.0M
0.0%
55,919 −1,294 −2.3% Reduced
JNJ JOHNSON & JOHNSON
$3.9M
0.0%
20,947 Held
AMGN AMGEN INC
$3.8M
0.0%
13,367 −315 −2.3% Reduced
DELL DELL TECHNOLOGIES -C
$3.4M
0.0%
23,630 −1,000 −4.1% Reduced
GLW CORNING INC
$3.3M
0.0%
39,900 Held
DHR DANAHER CORP
$3.3M
0.0%
16,450 −75 −0.5% Reduced
BRK/A BERKSHIRE HATHAWAY INC-CL A
$3.0M
0.0%
4 Held
JOYY JOYY INC-ADR
$2.9M
0.0%
49,606 Held
PNC PNC FINANCIAL SERVICES GROUP
$2.8M
0.0%
14,065 −15 −0.1% Reduced
PM PHILIP MORRIS INTERNATIONAL
$2.8M
0.0%
17,000 Held
SPGI S&P GLOBAL INC
$2.6M
0.0%
5,400 Held
VIPS VIPSHOP HOLDINGS LTD - ADR
$2.4M
0.0%
124,197 Held
ABBV ABBVIE INC
$2.4M
0.0%
10,473 Held
PFE PFIZER INC
$2.4M
0.0%
93,014 −14,946 −13.8% Reduced
ABT ABBOTT LABORATORIES
$2.3M
0.0%
17,324 Held
HPE HEWLETT PACKARD ENTERPRISE
$2.2M
0.0%
87,754 −829 −0.9% Reduced
MCD MCDONALD'S CORP
$2.0M
0.0%
6,475 −98 −1.5% Reduced
PH PARKER HANNIFIN CORP
$1.9M
0.0%
2,500 Held
NEE NEXTERA ENERGY INC
$1.8M
0.0%
23,600 Held
HONGBP HONEYWELL INTERNATIONAL INC
$1.7M
0.0%
8,019 Held
KO COCA-COLA CO
$1.6M
0.0%
24,000 −635 −2.6% Reduced
OTIS OTIS WORLDWIDE CORP
$1.5M
0.0%
16,610 −2,710 −14.0% Reduced
LVS LAS VEGAS SANDS CORP
$1.5M
0.0%
28,186 Held
KSPI JSC KASPI.KZ ADR
$1.5M
0.0%
17,826 +10,000 +127.8% Added
TCOM TRIP.COM GROUP LTD-ADR
$1.4M
0.0%
19,250 Held
Unilever PLC
$1.4M
0.0%
23,900 Held
ZH ZHIHU INC - ADR
$1.4M
0.0%
276,897 +276,897 New
CTVA CORTEVA INC
$1.4M
0.0%
20,539 −422 −2.0% Reduced
MO ALTRIA GROUP INC
$1.4M
0.0%
21,000 Held
EBAY EBAY INC
$1.3M
0.0%
14,050 −50 −0.4% Reduced
MMM 3M CO
$1.2M
0.0%
7,696 −1,450 −15.9% Reduced
DWDPEUR DUPONT DE NEMOURS INC
$1.2M
0.0%
15,175 −376 −2.4% Reduced
CL COLGATE-PALMOLIVE CO
$1.1M
0.0%
14,000 Held
DEO DIAGEO PLC-SPONSORED ADR
$1.1M
0.0%
11,077 −120 −1.1% Reduced
TFC TRUIST FINANCIAL CORP
$956K
0.0%
20,911 Held
MELI MERCADOLIBRE INC
$916K
0.0%
392 +392 New
APA APA CORP
$855K
0.0%
35,200 −6,400 −15.4% Reduced
NUE NUCOR CORP
$840K
0.0%
6,200 Held
BLK BLACKROCK INC
$764K
0.0%
655 Held
MCO MOODY'S CORP
$746K
0.0%
1,566 Held
PSMT PRICESMART INC
$746K
0.0%
6,156 +6,156 New
ARCO ARCOS DORADOS HOLDINGS INC-A
$742K
0.0%
109,966 Held
MDLZ MONDELEZ INTERNATIONAL INC-A
$740K
0.0%
11,840 Held
AMP AMERIPRISE FINANCIAL INC
$737K
0.0%
1,500 −327 −17.9% Reduced
LYV LIVE NATION ENTERTAINMENT IN
$735K
0.0%
4,500 −900 −16.7% Reduced
IFS INTERCORP FINANCIAL SERVICES
$702K
0.0%
17,391 Held
GPC GENUINE PARTS CO
$647K
0.0%
4,665 Held
NVDA NVIDIA CORP
$634K
0.0%
3,400 +3,400 New
CIB GRUPO CIBEST SA-ADR
$626K
0.0%
12,046 Held
ABEV AMBEV SA-ADR
$616K
0.0%
276,300 +15,900 +6.1% Added
GPRK GEOPARK LTD
$593K
0.0%
93,045 +8,500 +10.1% Added
AMG AFFILIATED MANAGERS GROUP
$572K
0.0%
2,400 −600 −20.0% Reduced
GIS GENERAL MILLS INC
$565K
0.0%
11,200 Held
ALL ALLSTATE CORP
$557K
0.0%
2,595 Held
AFYA AFYA LTD-CLASS A
$550K
0.0%
35,262 Held
ASR GRUPO AEROPORTUARIO SUR-ADR
$550K
0.0%
1,700 Held
DLO DLOCAL LTD
$524K
0.0%
36,700 Held
LAUR LAUREATE EDUCATION INC
$495K
0.0%
15,700 +2,600 +19.8% Added
CPA COPA HOLDINGS SA-CLASS A
$469K
0.0%
3,950 Held
PEP PEPSICO INC
$432K
0.0%
3,075 Held
ELV ELEVANCE HEALTH INC
$420K
0.0%
1,300 Held
PBR PETROLEO BRASILEIRO-SPON ADR
$414K
0.0%
32,700 +2,300 +7.6% Added
VOO VANGUARD S&P 500 ETF
$398K
0.0%
650 −550 −45.8% Reduced
LMT LOCKHEED MARTIN CORP
$387K
0.0%
775 Held
CTAS CINTAS CORP
$369K
0.0%
1,800 −200 −10.0% Reduced
MGM MGM RESORTS INTERNATIONAL
$364K
0.0%
10,500 −3,500 −25.0% Reduced
HAL HALLIBURTON CO
$362K
0.0%
14,700 −37,060 −71.6% Reduced
PSX PHILLIPS 66
$354K
0.0%
2,600 Held
PAX PATRIA INVESTMENTS LTD-A
$310K
0.0%
21,200 Held
PYPL PAYPAL HOLDINGS INC
$300K
0.0%
4,475 Held
V VISA INC-CLASS A SHARES
$293K
0.0%
859 Held
DOW DOW INC
$269K
0.0%
11,711 −2,499 −17.6% Reduced
LOMA LOMA NEGRA CIA IND-SPON ADR
$268K
0.0%
36,400 +5,300 +17.0% Added
VZ VERIZON COMMUNICATIONS INC
$242K
0.0%
5,500 Held
JBS JBS NV-A
$238K
0.0%
15,950 Held
PPG PPG INDUSTRIES INC
$231K
0.0%
2,200 Held
ISRG INTUITIVE SURGICAL INC
$224K
0.0%
500 Held
ZTS ZOETIS INC
$219K
0.0%
1,500 Held
CB CHUBB LTD
$204K
0.0%
722 Held
CIG CIA ENERGETICA DE-SPON ADR
$32K
0.0%
15,000 Held

Sold positions

6 closed in Q3 2025 · shares & value as of prior filing
Holding Shares sold Prior value
NTR NUTRIEN LTD
10,076,659 $586.9M
SNREN SUNRISE COMMUNICAT-CL A
2,289,925 $129.5M
AHC HESS CORP
44,525 $6.2M
JNPR* JUNIPER NETWORKS INC
66,959 $2.7M
HMC HONDA MOTOR CO LTD-SPONS ADR
78,950 $2.3M
RIO RIO TINTO PLC-SPON ADR
4,000 $233K

Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.