V. D. Dodge, E. M. Cox - Dodge & Cox Stock Fund Investment Strategy & Portfolio Analysis
How Dodge & Cox Stock Fund allocates capital, manages risk, and constructs its portfolio — based on SEC 13F filings.
As of Mar 31, 2026, V. D. Dodge, E. M. Cox's Dodge & Cox Stock Fund portfolio reflects a quant / systematic investor approach across 216 reported 13F positions. Portfolio returns are distributed across holdings, with the top five positions representing approximately 17% of total exposure. Across 216 reported holdings, economic exposure is broadly distributed across healthcare, financials, and industrials without dominant single-name concentration. Exposure to high-growth and technology-oriented segments is moderate relative to peers, with performance instead anchored in durable, cash-generating businesses across healthcare, financials, and industrials. The portfolio exhibits extremely low turnover, reinforcing a patient, conviction-led investment approach. Distinctive traits include Long-Term Holder, Broadly Diversified, Economically Diversified.
Investment Style
Value, growth, quality, and behavioral classification from latest 13F holdings.
Primary type: Quant / Systematic Investor
Traits: Long-Term Holder, Broadly Diversified, Economically Diversified, Structurally Diversified
Turnover profile
Buy & Hold
Holding horizon
Long-Term
Portfolio Construction
Concentration and position sizing in the latest filing.
Portfolio construction is lowly concentrated: top three names represent 12.0% of assets, top five 17.2%, and the largest single position is 4.2%.
Top 3 weight
12.0%
Top 5 weight
17.2%
Top 10 weight
27.6%
Largest position
4.2%
Top holdings: Johnson Controls International, Charles Schwab Corporation (The, RTX Corporation, Occidental Petroleum Corporatio, Microsoft Corporation — view full holdings
Sector Preferences
Where capital is allocated by sector.
Capital is tilted toward Healthcare and Financial Services, with 12 sectors represented in the latest filing.
Leading sectors: Healthcare, Financial Services, Industrials
Risk Framework
Concentration, diversification, and turnover tolerance.
This investor accepts low single-name risk (largest position 4.2%, top ten 27.6%) and high economic diversification (HHI 0.01). Turnover tolerance maps to a buy & hold profile.
Largest position
4.2%
Top 10 weight
27.6%
Max sector
21.4%
Diversification
High
Strategy Evolution
How the strategy changed between the two most recent filing periods.
Dec 31, 2025 → Mar 31, 2026
- Position count decreased from 220 to 216 (-4 names).
- Largest holding changed from Charles Schwab Corporation (The to Johnson Controls International.
- Quarter-over-quarter portfolio weight turnover: 8.5%.
For trade-level changes, see the Activity page. View activity.
Similar Investors
Peer group with comparable portfolio behavior.
Similar-investor comparisons are coming soon.