13F filing recap · Q1 2018

What did Dodge & Cox buy in Q1 2018?

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

$123.87B

Positions

177

Estimated turnover

12.5%

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

BKNGBooking Holdings Inc.$1.52Breported value+731.0K shares NTRNutrien Ltd.$581.68Mreported value+12.31M shares LILAKLiberty Latin America Ltd.$126.86Mreported value+6.65M shares LILALiberty Latin America Ltd.$108.39Mreported value+5.57M shares GLIBAGci Liberty, Inc.$425.0Kreported value+8.0K shares HESHess Corporation$203.0Kreported value+4.0K shares FLRFluor Corporation$201.0Kreported value+3.5K shares

Increased positions

WFCWells Fargo & Company/mn$4.06Breported value+6.69M shares+9.5%CMCSAComcast Corporation$3.48Breported value+8.34M shares+8.9%JCIJohnson Controls International Plc$3.36Breported value+19.39M shares+25.5%CHTRCharter Communications, Inc.$3.15Breported value+772.5K shares

Reduced positions

SCHWSchwab Charles Corp$4.46Breported value-1.53M shares-1.8%COFCapital One Financial Corp$4.14Breported value-662.3K shares-1.5%BACBank of America Corp$4.06Breported value-11.39M shares-7.7%HPEHewlett Packard Enterprise Company$3.87Breported value-17.51M shares

Exited positions

PCLNBooking Holdings Inc$1.33Bprior reported value-764.0K shares-100.0%AGUAgrium Inc$634.79Mprior reported value-5.52M shares-100.0%LILAKLiberty Global Ltd.$132.18Mprior reported value-6.65M shares-100.0%LBTYALiberty Global Ltd.$112.29Mprior reported value-5.57M shares