13F filing recap · Q4 2019

What did Dodge & Cox buy in Q4 2019?

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

$130.65B

Positions

184

Estimated turnover

7.3%

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

TFCTruist Financial Corp$1.47Breported value+26.10M shares BMRNBiomarin Pharmaceutical Inc$371.13Mreported value+4.39M shares IEMGIshares, Inc.$1.02Mreported value+18.9K shares LOWLowe’s Companies, Inc.$216.0Kreported value+1.8K shares MSMorgan Stanley$204.0Kreported value+4.0K shares

Increased positions

SCHWSchwab Charles Corp$4.58Breported value+4.74M shares+5.2%FDXFedex Corporation$3.93Breported value+2.24M shares+9.4%UNHUnitedHealth Group Incorporated$2.43Breported value+1.03M shares+14.2%UBSUbs Group AG$1.83Breported value+261.0K shares

Reduced positions

WFCWells Fargo & Company/mn$4.55Breported value-659.8K shares-0.8%COFCapital One Financial Corp$4.17Breported value-1.95M shares-4.6%GOOGAlphabet Inc.$4.12Breported value-35.1K shares-1.1%CHTRCharter Communications, Inc.$4.12Breported value-316.9K shares

Exited positions

BBTTruist Financial Corp$1.31Bprior reported value-24.51M shares-100.0%STITruist Financial Corp$12.24Mprior reported value-177.9K shares-100.0%