13F filing recap · Q3 2014

What did Dodge & Cox buy in Q3 2014?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Dodge & Cox account, including accounts that belong to no fund below.

Stock value

$104.56B

Positions

204

Estimated turnover

9.6%

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.

New positions

WFTWeatherford International Plc$1.53Breported value+73.40M shares EDUNew Oriental Education & Technology Group Inc.$92.87Mreported value+4.00M shares ACTEnact Holdings, Inc.$971.0Kreported value+4.0K shares QCOMQualcomm Inc/de$857.0Kreported value+11.5K shares CSCOCisco Systems, Inc.$822.0Kreported value+32.7K shares MRSHMarsh & Mclennan Companies, Inc.$569.0Kreported value+10.9K shares MSMorgan Stanley$518.0Kreported value+15.0K shares GILDGilead Sciences, Inc.$511.0Kreported value+4.8K shares VVisa Inc.$472.0Kreported value+2.2K shares EMREmerson Electric Co.$423.0Kreported value+6.8K shares TWTCTw Telecom Inc$413.0Kreported value+9.9K shares CCitigroup Inc$411.0Kreported value+7.9K shares LOWLowe’s Companies, Inc.$380.0Kreported value+7.2K shares DHRDanaher Corporation$371.0Kreported value+4.9K shares YHOOAltaba Inc.$367.0Kreported value+9.0K shares CPBThe Campbell'S Company$364.0Kreported value+8.5K shares CITCit Group Inc$353.0Kreported value+7.7K shares SYKStryker Corp$337.0Kreported value+4.2K shares UAAUnder Armour, Inc.$332.0Kreported value+4.8K shares LVLTLevel 3 Communications Inc$297.0Kreported value+6.5K shares CHLChina Mobile Limited$292.0Kreported value+5.0K shares HIGThe Hartford Insurance Group, Inc.$280.0Kreported value+7.5K shares EQIXEquinix Inc$261.0Kreported value+1.2K shares SIROSirona Dental Systems Inc$261.0Kreported value+3.4K shares AMZNAmazon.com Inc$248.0Kreported value+770 shares SPYSPDR S&P 500 ETF Trust$243.0Kreported value+1.2K shares CTRACoterra Energy Inc.$241.0Kreported value+7.4K shares ISRGIntuitive Surgical, Inc.$231.0Kreported value+500 shares SWNSouthwestern Energy Co$231.0Kreported value+6.6K shares FCNFti Consulting, Inc$230.0Kreported value+6.6K shares TMToyota Motor Corp/$227.0Kreported value+1.9K shares ANFAbercrombie & Fitch Co.$218.0Kreported value+6.0K shares AMATApplied Materials Inc /de$205.0Kreported value+9.5K shares CIENCiena Corp$188.0Kreported value+11.2K shares CVCCablevision Systems Corporation$175.0Kreported value+10.0K shares SIRISirius XM Holdings Inc.$145.0Kreported value+41.5K shares HBANHuntington Bancshares Incorporated$107.0Kreported value+11.0K shares WGWillbros Group, Inc.$92.0Kreported value+11.0K shares ENZBEnzo Biochem Inc$80.0Kreported value+15.6K shares STMStmicroelectronics N.v.$79.0Kreported value+10.3K shares NMRNomura Holdings, Inc.$59.0Kreported value+10.0K shares

Increased positions

SLBSlb Limited/nv$3.67Breported value+720.4K shares+2.0%SCHWSchwab Charles Corp$2.70Breported value+1.05M shares+1.2%BACBank of America Corp$2.40Breported value+5.95M shares+4.4%WMTWalmart Inc.$2.32Breported value+2.72M shares

Reduced positions

HPQHP Inc.$5.51Breported value-13.36M shares-7.9%NVSNovartis AG$4.79Breported value-196.8K shares-0.4%MSFTMicrosoft Corporation$3.85Breported value-2.48M shares-2.9%COFCapital One Financial Corp$3.79Breported value-210.2K shares

Exited positions

WFTWeatherford International Ltd$1.68Bprior reported value-72.87M shares-100.0%FRXForest Laboratories Inc$4.46Mprior reported value-45.1K shares-100.0%PBIPitney Bowes Inc$1.34Mprior reported value-48.4K shares-100.0%DOXAmdocs Ltd$1.30Mprior reported value-28.1K shares