13F filing recap · Q4 2015

What did Dodge & Cox buy in Q4 2015?

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

$101.91B

Positions

183

Estimated turnover

28.2%

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

HPEHewlett Packard Enterprise Company$3.31Breported value+217.53M shares GOOGAlphabet Inc.$2.49Breported value+3.28M shares HPQHP Inc.$2.36Breported value+199.74M shares GOOGLAlphabet Inc.$855.59Mreported value+1.10M shares UBSUBS Group AG$602.64Mreported value+31.32M shares AZNAstrazeneca Plc$399.83Mreported value+11.78M shares JDJd.com, Inc.$237.33Mreported value+7.36M shares VMWVmware, Inc.$158.45Mreported value+2.80M shares CSRACsra Inc.$1.87Mreported value+62.4K shares

Increased positions

SLBSlb Limited/nv$4.42Breported value+1.25M shares+2.0%SCHWSchwab Charles Corp$3.38Breported value+6.20M shares+6.4%TWXTime Warner Inc$2.46Breported value+371.4K shares+1.0%EMCEmc Corp$2.46Breported value+10.33M shares

Reduced positions

NVSNovartis AG$3.88Breported value-616.0K shares-1.3%WFCWells Fargo & Company/mn$3.80Breported value-1.63M shares-2.3%MSFTMicrosoft Corporation$3.69Breported value-8.23M shares-11.0%TWCTime Warner Cable Inc$3.60Breported value-24.4K shares

Exited positions

HPQHP Inc.$5.03Bprior reported value-196.56M shares-100.0%GOOGAlphabet Inc.$2.01Bprior reported value-3.31M shares-100.0%GOOGLAlphabet Inc.$817.73Mprior reported value-1.28M shares-100.0%UBSUbs Group AG$565.84Mprior reported value-30.53M shares