Dodge & Cox Funds – Largest Position Reductions (2026 Q1)
This report summarizes the most meaningful reductions and sell-offs made by Dodge & Cox Funds in 2026 Q1. The analysis highlights which positions were trimmed or exited, providing insight into how the investor adjusted risk exposure and portfolio strategy.
| Symbol | Shares | Reported Price(USD) | Action | Change % | Portfolio Weight | Position Value | Filing Period |
|---|---|---|---|---|---|---|---|
| JCI | 57,506,214 | $130.95 | Reduced | -4.76% | 4.14% | $7.53B | 2026 Q1 |
| SCHW | 75,002,881 | $93.98 | Reduced | -1.97% | 3.88% | $7.05B | 2026 Q1 |
| RTX | 35,473,379 | $192.9 | Reduced | -5.59% | 3.76% | $6.84B | 2026 Q1 |
| OXY | 74,085,572 | $65 | Reduced | -6.78% | 2.65% | $4.82B | 2026 Q1 |
| CVS | 51,780,116 | $71.82 | Reduced | -17.17% | 2.05% | $3.72B | 2026 Q1 |
| MET | 51,114,776 | $70.72 | Reduced | -2.18% | 1.99% | $3.61B | 2026 Q1 |
| FDX | 9,983,449 | $356.18 | Reduced | -35.93% | 1.96% | $3.56B | 2026 Q1 |
| GOOG | 12,228,518 | $286.86 | Reduced | -5.03% | 1.93% | $3.51B | 2026 Q1 |
| REGN | 4,458,238 | $772.64 | Reduced | -3.00% | 1.89% | $3.44B | 2026 Q1 |
| GILD | 24,250,826 | $139.37 | Reduced | -7.73% | 1.86% | $3.38B | 2026 Q1 |
| GSK | 58,662,974 | $55.19 | Reduced | -14.38% | 1.78% | $3.24B | 2026 Q1 |
| AMZN | 15,109,899 | $208.27 | Reduced | -0.79% | 1.73% | $3.15B | 2026 Q1 |
| TEL | 14,688,950 | $209.02 | Reduced | -1.24% | 1.69% | $3.07B | 2026 Q1 |
| GOOGL | 10,624,415 | $287.56 | Reduced | -1.93% | 1.68% | $3.06B | 2026 Q1 |
| META | 5,014,319 | $572.13 | Reduced | -0.11% | 1.58% | $2.87B | 2026 Q1 |
| BNY | 23,401,794 | $118.63 | Reduced | -9.33% | 1.53% | $2.78B | 2026 Q1 |
| APD | 9,231,575 | $290.49 | Reduced | -0.05% | 1.48% | $2.68B | 2026 Q1 |
| WFC | 31,168,331 | $79.61 | Reduced | -3.54% | 1.36% | $2.48B | 2026 Q1 |
| FTV | 43,156,197 | $55.28 | Reduced | -2.27% | 1.31% | $2.39B | 2026 Q1 |
| FIS | 49,073,157 | $46.91 | Reduced | -0.08% | 1.27% | $2.3B | 2026 Q1 |
| BKR | 35,871,558 | $61.05 | Reduced | -11.99% | 1.20% | $2.19B | 2026 Q1 |
| BUD | 29,683,736 | $69.37 | Reduced | -10.36% | 1.13% | $2.06B | 2026 Q1 |
| SUI | 14,266,030 | $125.96 | Reduced | -1.56% | 0.99% | $1.8B | 2026 Q1 |
| NSC | 6,257,750 | $287 | Reduced | -34.98% | 0.99% | $1.8B | 2026 Q1 |
| SU | 26,262,454 | $66.11 | Reduced | -3.65% | 0.96% | $1.74B | 2026 Q1 |