Dodge & Cox – Largest Position Reductions (2025 Q4)
This report summarizes the most meaningful reductions and sell-offs made by Dodge & Cox in 2025 Q4. 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 |
|---|---|---|---|---|---|---|---|
| SCHW | 52,225,135 | $99.91 | Reduced | -8.88% | 4.44% | $5.22B | 2025 Q4 |
| RTX | 25,204,600 | $183.4 | Reduced | -7.12% | 3.93% | $4.62B | 2025 Q4 |
| JCI | 29,666,817 | $119.75 | Reduced | -7.79% | 3.02% | $3.55B | 2025 Q4 |
| CVS | 41,853,204 | $79.36 | Reduced | -13.21% | 2.83% | $3.32B | 2025 Q4 |
| FDX | 10,559,255 | $288.86 | Reduced | -4.44% | 2.60% | $3.05B | 2025 Q4 |
| MET | 38,238,918 | $78.94 | Reduced | -2.57% | 2.57% | $3.02B | 2025 Q4 |
| GOOGL | 8,460,700 | $313 | Reduced | -4.99% | 2.25% | $2.65B | 2025 Q4 |
| TSM | 51,459,000 | $48.85 | Reduced | -1.80% | 2.14% | $2.51B | 2025 Q4 |
| GSK | 50,557,077 | $49.04 | Reduced | -13.45% | 2.11% | $2.48B | 2025 Q4 |
| GILD | 19,505,112 | $122.74 | Reduced | -13.80% | 2.04% | $2.39B | 2025 Q4 |
| AMZN | 9,834,700 | $230.82 | Reduced | -7.86% | 1.93% | $2.27B | 2025 Q4 |
| MSFT | 4,590,300 | $483.62 | Reduced | -6.52% | 1.89% | $2.22B | 2025 Q4 |
| BK | 19,000,524 | $116.09 | Reduced | -27.82% | 1.88% | $2.21B | 2025 Q4 |
| WFC | 23,048,541 | $93.2 | Reduced | -17.18% | 1.83% | $2.15B | 2025 Q4 |
| UNH | 6,279,460 | $330.11 | Reduced | -3.57% | 1.76% | $2.07B | 2025 Q4 |
| SNY | 42,709,825 | $48.46 | Reduced | -19.58% | 1.76% | $2.07B | 2025 Q4 |
| GOOG | 6,146,460 | $313.8 | Reduced | -10.92% | 1.64% | $1.93B | 2025 Q4 |
| NSC | 6,238,800 | $288.72 | Reduced | -12.45% | 1.53% | $1.8B | 2025 Q4 |
| TEL | 7,315,975 | $227.51 | Reduced | -7.83% | 1.42% | $1.66B | 2025 Q4 |
| COF | 6,601,535 | $242.36 | Reduced | -25.85% | 1.36% | $1.6B | 2025 Q4 |
| BUD | 24,746,585 | $64.04 | Reduced | -10.05% | 1.35% | $1.58B | 2025 Q4 |
| BKR | 30,154,866 | $45.54 | Reduced | -8.52% | 1.17% | $1.37B | 2025 Q4 |
| ELAN | 53,122,900 | $22.63 | Reduced | -4.01% | 1.02% | $1.2B | 2025 Q4 |
| HLNCF | 111,605,661 | $10.11 | Reduced | -1.72% | 0.96% | $1.13B | 2025 Q4 |
| GS | 1,239,100 | $879 | Reduced | -21.64% | 0.93% | $1.09B | 2025 Q4 |