N-PORT filing recap · December 2025

What did Dodge & Cox Stock Fund buy in December 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

$113.88B

Positions

Estimated turnover

14.1%

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 Brookfield Corporation, Transunion, Arthur J. Gallagher & Co., and First Citizens Bancshares, while exiting Bank of America, Echostar Corporation, and Gap. The fund also added to Aon Plc, Willis Towers Watson Plc, and Idex Corp, and trimmed CVS Health Corp, Gsk Plc, and Gilead Sciences, among others.

New positions

BNBrookfield Corporation$933.06Mreported value+20.33M shares TRUTransunion$555.51Mreported value+6.48M shares AJGArthur J. Gallagher & Co.$120.11Mreported value+464.1K shares FCNCAFirst Citizens Bancshares Inc /de/$44.12Mreported value+20.6K shares

Increased positions

REGNRegeneron Pharmaceuticals, Inc.$2.31Breported value+71.8K shares+2.5%METAMeta Platforms, Inc.$2.31Breported value+769.9K shares+28.3%FISFidelity National Information Services, Inc.$2.21Breported value+4.50M shares+15.6%FISVFiserv Inc$2.14Breported value+5.33M shares

Reduced positions

SCHWSchwab Charles Corp$5.22Breported value-5.09M shares-8.9%RTXRtx Corporation$4.62Breported value-1.93M shares-7.1%JCIJohnson Controls International Plc$3.55Breported value-2.51M shares-7.8%CVSCVS Health Corp$3.33Breported value-6.23M shares

Exited positions

ECHOEchostar Corporation$646.96Mprior reported value-8.47M shares-100.0%BACBank of America Corp$550.79Mprior reported value-10.68M shares-100.0%GAPGap, Inc$84.32Mprior reported value-3.94M shares-100.0%