13F filing recap · Q4 2014

What did Dodge & Cox buy in Q4 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

$107.63B

Positions

190

Estimated turnover

15.8%

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

TYCTyco International Plc$1.63Breported value+37.05M shares JNPRJuniper Networks, Inc.$331.29Mreported value+14.84M shares QRTEALiberty Ventures Series A$121.78Mreported value+3.23M shares WBAWalgreens Boots Alliance Inc$972.0Kreported value+12.8K shares CRCCalifornia Resources Corp$481.0Kreported value+87.3K shares ELVElevance Health, Inc.$377.0Kreported value+3.0K shares WHRWhirlpool Corp /de/$213.0Kreported value+1.1K shares MONMonsanto Company$201.0Kreported value+1.7K shares

Increased positions

SLBSlb Limited/nv$3.97Breported value+10.43M shares+28.9%COFCapital One Financial Corp$3.83Breported value+57.5K shares+0.1%TWXTime Warner Inc$3.21Breported value+729.0K shares+2.0%TWCTime Warner Cable Inc$2.95Breported value+3.70M shares

Reduced positions

HPQHP Inc.$5.75Breported value-12.14M shares-7.8%NVSNovartis AG$4.66Breported value-580.8K shares-1.1%WFCWells Fargo & Company/mn$3.97Breported value-131.6K shares-0.2%MSFTMicrosoft Corporation$3.81Breported value-1.07M shares

Exited positions

TYCTyco International Ltd$1.55Bprior reported value-34.68M shares-100.0%VODVodafone Group Public Ltd Co$4.59Mprior reported value-139.7K shares-100.0%CPWRCompuware Corporation$2.21Mprior reported value-208.5K shares-100.0%WAGWalgreen Co.$745.0Kprior reported value-12.6K shares