13F filing recap · Q4 2016

What did Dodge & Cox buy in Q4 2016?

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

$112.55B

Positions

181

Estimated turnover

11.1%

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.

New positions

ZAYOZayo Group Holdings, Inc.$478.65Mreported value+14.57M shares ADNTAdient Plc$193.01Mreported value+3.29M shares IBNIcici Bank Ltd$14.42Mreported value+1.93M shares AMXNAmérica Móvil, S.a.b. De C.v.$3.46Mreported value+275.5K shares QRTEALiberty Ventures Series A$429.0Kreported value+11.6K shares LEXEALiberty Expedia Holdings, Inc.$308.0Kreported value+7.8K shares ADPAutomatic Data Processing Inc$211.0Kreported value+2.0K shares

Increased positions

WFCWells Fargo & Company/mn$3.94Breported value+4.28M shares+6.4%NVSNovartis AG$3.33Breported value+2.14M shares+4.9%SNYSanofi$2.77Breported value+9.24M shares+15.6%METMetlife, Inc.$2.21Breported value+9.5K shares

Reduced positions

HPEHewlett Packard Enterprise Company$4.83Breported value-2.67M shares-1.3%BACBank of America Corp$4.16Breported value-39.94M shares-17.5%SLBSlb Limited/nv$3.95Breported value-2.90M shares-5.8%COFCapital One Financial Corp$3.94Breported value-4.10M shares

Exited positions

QRTEALiberty Ventures Series A$791.0Kprior reported value-19.8K shares-100.0%HIGThe Hartford Insurance Group, Inc.$220.0Kprior reported value-5.1K shares-100.0%