V. D. Dodge, E. M. Cox - Dodge & Cox Stock Fund 13F Activity & Position Changes (Q3 2025)

According to the SEC 13F filed on Nov 13, 2025, the Dodge & Cox Stock Fund portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q3 2025, the filing reported:

New Buys - Aon Plc, IDEX Corporation, MercadoLibre, Inc., NVIDIA Corporation, PriceSmart, Inc., and 1 more

Increases - Apple Inc., Ambev S.A., ACM Research, Inc., Adobe Inc., Archer-Daniels-Midland Company, and 45 more

Reductions - Aegon Ltd. New York Registry Sh, American Electric Power Company, Alnylam Pharmaceuticals, Inc., Affiliated Managers Group, Inc., Amgen Inc., and 101 more

Complete Exits - Hess Corporation, Honda Motor Company, Ltd., Juniper Networks, Inc., Nutrien Ltd., Rio Tinto Plc, and 1 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q3 2025	AAPL Apple Inc.	Apple Inc.	Buy	+1,078	+3.6%	$7.98M	31,322
Q3 2025	ABEV Ambev S.A.	Ambev S.A.	Buy	+15,900	+6.1%	$616.15K	276,300
Q3 2025	ACMR ACM Research, Inc.	ACM Research, Inc.	Buy	+41,800	+51.5%	$4.81M	122,892
Q3 2025	ADBE Adobe Inc.	Adobe Inc.	Buy	+1,573,849	+8006.6%	$562.11M	1,593,506
Q3 2025	ADM Archer-Daniels-Midland Company	Archer-Daniels-Midland Company	Buy	+8,518,920	+130.1%	$900.19M	15,068,544
Q3 2025	AEG Aegon Ltd. New York Registry Sh	Aegon Ltd. New York Registry Sh	Sell	-2,953,585	-3.3%	$685.41M	85,783,505
Q3 2025	AEP American Electric Power Company	American Electric Power Company	Sell	-48,887	-0.5%	$1.07B	9,523,516
Q3 2025	ALNY Alnylam Pharmaceuticals, Inc.	Alnylam Pharmaceuticals, Inc.	Sell	-875,866	-27.4%	$1.06B	2,321,230
Q3 2025	AMG Affiliated Managers Group, Inc.	Affiliated Managers Group, Inc.	Sell	-600	-20.0%	$572.23K	2,400
Q3 2025	AMGN Amgen Inc.	Amgen Inc.	Sell	-315	-2.3%	$3.77M	13,367
Q3 2025	AMP Ameriprise Financial, Inc.	Ameriprise Financial, Inc.	Sell	-327	-17.9%	$736.88K	1,500
Q3 2025	AMRZ Amrize	Amrize	Sell	-6,684,165	-53.6%	$280.42M	5,786,541
Q3 2025	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-295,820	-1.8%	$3.58B	16,296,330
Q3 2025	AON Aon Plc	Aon Plc	Buy - Position Entry	+3,464,683	-	$1.24B	3,464,683
Q3 2025	APA APA Corporation	APA Corporation	Sell	-6,400	-15.4%	$854.66K	35,200
Q3 2025	APD Air Products and Chemicals, Inc	Air Products and Chemicals, Inc	Buy	+183,492	+2.1%	$2.46B	9,004,892
Q3 2025	AVGO Broadcom Inc.	Broadcom Inc.	Sell	-150	-0.7%	$6.94M	21,030
Q3 2025	AVTR Avantor, Inc.	Avantor, Inc.	Buy	+313,404	+0.3%	$1.47B	117,746,888
Q3 2025	AXP American Express Company	American Express Company	Sell	-12,922	-3.6%	$114.76M	345,492
Q3 2025	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+11,100	+0.1%	$1.96B	10,975,370
Q3 2025	BAC Bank of America Corporation	Bank of America Corporation	Sell	-2,513,481	-14.1%	$791.75M	15,347,021
Q3 2025	BAP Credicorp	Credicorp	Sell	-247,665	-4.8%	$1.30B	4,899,715
Q3 2025	BAX Baxter International Inc.	Baxter International Inc.	Buy	+5,274,750	+10.1%	$1.31B	57,396,370
Q3 2025	BIDU Baidu, Inc.	Baidu, Inc.	Sell	-1,023,300	-18.9%	$580.37M	4,404,415
Q3 2025	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-2,776,430	-7.4%	$3.80B	34,842,944
Q3 2025	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-55,391	-7.6%	$3.64B	675,082
Q3 2025	BKR Baker Hughes Company	Baker Hughes Company	Sell	-529,325	-1.2%	$2.15B	44,053,488
Q3 2025	BMRN BioMarin Pharmaceutical Inc.	BioMarin Pharmaceutical Inc.	Sell	-421,509	-2.8%	$795.44M	14,686,801
Q3 2025	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell	-1,012,939	-12.0%	$334.81M	7,423,820
Q3 2025	BNTX BioNTech SE	BioNTech SE	Buy	+2,769,654	+315.7%	$359.68M	3,647,091

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