Dodge & Cox Stock Fund Top Holdings: Microsoft Leads with Significant Share Increase
Dodge & Cox Stock Fund's top holdings as of March 31, 2026, show notable changes, with Microsoft experiencing a substantial 51.93% increase in shares, while other positions like CVS and FedEx saw significant reductions.
As of March 31, 2026, the Dodge & Cox Stock Fund, managed by V. D. Dodge and E. M. Cox, held a portfolio valued at approximately $178 billion. The fund's top holdings reflect a strategic allocation across various sectors, with particular emphasis on large-cap technology and industrials stocks.
The fund's largest position is in Microsoft Corp. (MSFT), which accounts for 2.43% of the portfolio. Microsoft saw a remarkable increase in its share count during the prior period, with a 51.93% rise in holdings. This significant stake increase suggests confidence in the company's prospects. You can learn more about Microsoft's stock performance and the fund's position here: Microsoft Corp. (MSFT).
Booking Holdings, Inc. (BKNG) is another standout holding, representing 2.31% of the fund. BKNG experienced a substantial 47.76% increase in shares during the prior period, indicating strong interest in the travel and hospitality sector recovery. Details on Booking Holdings are available here: Booking Holdings, Inc. (BKNG).
The fund maintains a significant allocation to industrials stocks. Johnson Controls International PLC (JCI) and RTX Corp. (RTX) each hold around 4.14% and 3.76% of the portfolio, respectively. However, both saw decreases in their share count during the prior period, with JCI down 10.44% and RTX down 11.54%. More information on JCI can be found here: Johnson Controls International PLC (JCI), and for RTX here: RTX Corp. (RTX).
In the financial services sector, The Charles Schwab Corp. (SCHW) and MetLife, Inc. (MET) are key holdings at 3.87% and 1.99%, respectively. SCHW saw a slight decrease of 9.68% in shares, while MET experienced a small decline of 4.74%. Further details on SCHW are available here: The Charles Schwab Corp. (SCHW), and for MET here: MetLife, Inc. (MET).
Other notable holdings include Occidental Petroleum Corp. (OXY) in energy (2.65%), CVS Health Corp. (CVS) in healthcare (2.04%), and FedEx Corp. (FDX) and Alphabet Inc. (GOOG) in other sectors (1.95% and 1.93%). Several of these positions saw reductions, including OXY (-7.26%), CVS (-29.24%), FDX (-38.47%), and GOOG (-12.61%). For more on OXY, visit: Occidental Petroleum Corp. (OXY), and for CVS here: CVS Health Corp. (CVS).
For a complete view of the fund's holdings and performance, you can visit the investor profile here: Dodge & Cox Stock Fund.