13F filing recap · Q1 2020

What did Dodge & Cox buy in Q1 2020?

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

$92.44B

Positions

177

Estimated turnover

14.6%

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

LQDiShares Trust$300.31Mreported value+2.43M shares OVVOvintiv Inc.$102.65Mreported value+38.02M shares LNCLincoln National Corp$29.82Mreported value+1.13M shares CCOICogent Communications Holdings, Inc.$245.0Kreported value+3.0K shares

Increased positions

SCHWSchwab Charles Corp$3.40Breported value+4.77M shares+4.9%FDXFedex Corporation$3.26Breported value+932.5K shares+3.6%BACBank of America Corp$2.88Breported value+21.81M shares+19.2%HPQHP Inc.$2.68Breported value+35.60M shares

Reduced positions

GOOGAlphabet Inc.$3.43Breported value-135.5K shares-4.4%MSFTMicrosoft Corporation$3.16Breported value-5.56M shares-21.7%CMCSAComcast Corporation$2.85Breported value-1.84M shares-2.2%CIThe Cigna Group$2.66Breported value-2.18M shares

Exited positions

OVVOvintiv Inc.$666.85Mprior reported value-142.19M shares-100.0%ZAYOZayo Group Holdings, Inc.$10.40Mprior reported value-300.2K shares-100.0%PPGPpg Industries Inc$1.07Mprior reported value-8.0K shares-100.0%PHGKoninklijke Philips NV$1.06Mprior reported value-21.7K shares