N-PORT filing recap · September 2025

What did Dodge & Cox Stock Fund buy in September 2025?

Reported stock-position changes between this filing and the previous one. These are Dodge & Cox Stock Fund's own holdings, not the firm's.

Stock value

$114.41B

Positions

Estimated turnover

8.5%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Period in review

Dodge & Cox Stock Fund opened new positions in Aon, Adobe, and Idex. It trimmed Schwab Charles, RTX, Johnson Controls, and several other holdings, while adding to Fiserv, FedEx, Fidelity National Information Services, Regeneron Pharmaceuticals, Fortive, and GE Healthcare Technologies. The fund also substantially increased Molson Coors Beverage and dramatically boosted Archer-Daniels-Midland and Willis Towers Watson.

New positions

AONAon Plc$641.38Mreported value+1.80M shares ADBEAdobe Inc.$358.75Mreported value+1.02M shares IEXIdex Corp$37.60Mreported value+231.0K shares

Increased positions

FISVFiserv Inc$3.42Breported value+6.29M shares+31.1%METMetlife, Inc.$3.23Breported value+458.0K shares+1.2%FDXFedex Corporation$2.61Breported value+1.32M shares+13.5%CMCSAComcast Corporation$2.37Breported value+832.6K shares

Reduced positions

SCHWSchwab Charles Corp$5.47Breported value-618.1K shares-1.1%RTXRtx Corporation$4.54Breported value-1.20M shares-4.2%JCIJohnson Controls International Plc$3.54Breported value-1.43M shares-4.3%BNYThe Bank of New York Mellon Corporation$2.89Breported value-1.65M shares