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 |
|---|---|---|---|---|---|---|---|
| XP | 32,726,688 | $19.04 | Reduced | -3.63% | 0.34% | $623.12M | 2026 Q1 |
| GLPI | 13,458,157 | $44.37 | Reduced | -0.97% | 0.33% | $597.14M | 2026 Q1 |
| VFC | 33,024,625 | $16.99 | Reduced | -18.82% | 0.31% | $561.09M | 2026 Q1 |
| TRP | 8,892,400 | $62.6 | Reduced | -4.32% | 0.31% | $556.66M | 2026 Q1 |
| STT | 3,499,879 | $126.56 | Reduced | -26.23% | 0.24% | $442.94M | 2026 Q1 |
| YUMC | 8,351,762 | $48.78 | Reduced | -2.36% | 0.22% | $407.4M | 2026 Q1 |
| MCHP | 6,129,716 | $64.61 | Reduced | -0.93% | 0.22% | $396.04M | 2026 Q1 |
| FOX | 7,178,894 | $53.1 | Reduced | -1.09% | 0.21% | $381.2M | 2026 Q1 |
| AEG | 50,556,509 | $7.26 | Reduced | -28.31% | 0.20% | $367.04M | 2026 Q1 |
| NWSA | 12,256,246 | $24.93 | Reduced | -1.55% | 0.17% | $305.55M | 2026 Q1 |
| BMY | 4,622,820 | $60.65 | Reduced | -34.69% | 0.15% | $280.37M | 2026 Q1 |
| GE | 737,999 | $283.77 | Reduced | -85.78% | 0.12% | $209.42M | 2026 Q1 |
| COHR | 558,920 | $238.21 | Reduced | -16.56% | 0.07% | $133.14M | 2026 Q1 |
| GEV | 129,182 | $872.9 | Reduced | -6.53% | 0.06% | $112.76M | 2026 Q1 |
| BAC | 1,819,565 | $48.75 | Reduced | -9.43% | 0.05% | $88.7M | 2026 Q1 |
| AXP | 277,490 | $302.48 | Reduced | -5.15% | 0.05% | $83.94M | 2026 Q1 |
| WMB | 966,347 | $72.78 | Reduced | -3.45% | 0.04% | $70.33M | 2026 Q1 |
| CDNS | 230,899 | $277.87 | Reduced | -2.72% | 0.04% | $64.16M | 2026 Q1 |
| UNP | 260,952 | $242.62 | Reduced | -0.82% | 0.03% | $63.31M | 2026 Q1 |
| LBTYK | 5,255,568 | $11.73 | Reduced | -21.35% | 0.03% | $61.65M | 2026 Q1 |
| CVX | 205,109 | $206.9 | Reduced | -3.58% | 0.02% | $42.44M | 2026 Q1 |
| LLY | 42,012 | $919.76 | Reduced | -1.13% | 0.02% | $38.64M | 2026 Q1 |
| JPM | 118,455 | $294.16 | Reduced | -4.78% | 0.02% | $34.84M | 2026 Q1 |
| NESR | 1,599,994 | $21.47 | Reduced | -17.06% | 0.02% | $34.35M | 2026 Q1 |
| CAT | 39,994 | $708.46 | Reduced | -1.79% | 0.02% | $28.33M | 2026 Q1 |