0001193125-12-051495.txt : 20120210 0001193125-12-051495.hdr.sgml : 20120210 20120210114953 ACCESSION NUMBER: 0001193125-12-051495 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120210 DATE AS OF CHANGE: 20120210 EFFECTIVENESS DATE: 20120210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DODGE & COX CENTRAL INDEX KEY: 0000200217 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-00400 FILM NUMBER: 12590529 BUSINESS ADDRESS: STREET 1: 555 CALIFORNIA STREET STREET 2: 40TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4159811710 MAIL ADDRESS: STREET 1: 555 CALIFORNIA STREET STREET 2: 40TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 13F-HR 1 d288187d13fhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/11 Check here if Amendment [ ]; Amendment Number: _____ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Dodge & Cox -------------------------------- Address: 555 California Street -------------------------------- 40th Floor -------------------------------- San Francisco, CA 94104 -------------------------------- Form 13F File Number: 28-400 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Thomas M. Mistele ---------------------------------- Title: Chief Operating Officer ---------------------------------- Phone: (415) 981-1710 ---------------------------------- Signature, Place, and Date of Signing: /S/ Thomas M. Mistele San Francisco, CA 02/10/12 ------------------------ ------------------------ ------------------------ [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s). ) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 -------------- Form 13F Information Table Entry Total: 174 -------------- Form 13F Information Table Value Total: 70,978,975 -------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE

FORM 13F NAME OF REPORTING MGR - DODGE & COX COLUMN 1 COL.2 COL. 3 COL 4 COLUMN 5 COL. 6 COL7 COLUMN 8 VALUE SHARES/ SH/ PUT/ INVSTMT OTHR VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MGRS SOLE SHARED NONE -------------------------- -------------- --------- --------- ----------- --- ---- ------- ---- ----------- ------- ---------- ABBOTT LABORATORIES COM 002824100 2,322 41,286 SH SOLE 41,286 0 ADOBE SYSTEMS INC COM 00724F101 327,648 11,589,950 SH SOLE 10,886,450 703,500 AEGON N.V.-NY REG SHR NY REGISTRY SH 007924103 424,915 105,700,291 SH SOLE 99,786,596 5,913,695 AETNA INC COM 00817Y108 253 6,000 SH SOLE 6,000 0 AIR PRODUCTS & CHEMICALS INC COM 009158106 1,031 12,100 SH SOLE 9,050 3,050 ALCOA INC COM 013817101 188 21,780 SH SOLE 21,780 0 ALLERGAN INC COM 018490102 313 3,564 SH SOLE 3,564 0 ALLSTATE CORP COM 020002101 201 7,330 SH SOLE 7,330 0 ALTRIA GROUP INC COM 02209S103 747 25,210 SH SOLE 21,210 4,000 AMERICAN ELECTRIC POWER COM 025537101 256 6,200 SH SOLE 6,200 0 AMERICAN EXPRESS CO COM 025816109 11,510 244,014 SH SOLE 240,334 3,680 AMERIPRISE FINANCIAL INC COM 03076C106 221 4,442 SH SOLE 4,442 0 AMGEN INC COM 031162100 1,963,329 30,576,685 SH SOLE 28,591,605 1,985,080 ANADARKO PETROLEUM CORP COM 032511107 1,257 16,472 SH SOLE 14,422 2,050 AOL INC COM 00184X105 233,835 15,485,759 SH SOLE 14,660,005 825,754 AON CORP COM 037389103 224 4,777 SH SOLE 4,777 0 APPLE INC COM 037833100 1,169 2,886 SH SOLE 2,886 0 AT&T INC COM 00206R102 668 22,099 SH SOLE 22,099 0 BAKER HUGHES INC COM 057224107 899,926 18,501,764 SH SOLE 17,379,304 1,122,460 BANK OF AMERICA CORP COM 060505104 753,040 135,438,805 SH SOLE 128,146,905 7,291,900 BANK OF NEW YORK MELLON CORP COM 064058100 1,259,981 63,283,813 SH SOLE 59,705,783 3,578,030 BAXTER INTERNATIONAL INC COM 071813109 279 5,648 SH SOLE 5,648 0 BB&T CORP COM 054937107 760,059 30,197,014 SH SOLE 28,490,664 1,706,350 BECTON DICKINSON AND CO COM 075887109 1,786 23,900 SH SOLE 23,900 0 BERKSHIRE HATHAWAY INC-CL A CL A 084670108 574 5 SH SOLE 5 0 BERKSHIRE HATHAWAY INC-CL B CL B 084670702 1,891 24,790 SH SOLE 24,790 0 BMC SOFTWARE INC COM 055921100 469,543 14,324,078 SH SOLE 13,482,778 841,300 BOSTON PROPERT 2.875 2/15/37CV DEB 10112RAK0 38,675 38,675,000 SH SOLE 29,050,000 9,625,000 BOSTON SCIENTIFIC CORP COM 101137107 601,151 112,575,053 SH SOLE 105,784,353 6,790,700 BRISTOL-MYERS SQUIBB CO COM 110122108 3,023 85,769 SH SOLE 80,009 5,760 CADENCE DESIGN SYS INC COM 127387108 365,057 35,101,605 SH SOLE 33,093,955 2,007,650 CAPITAL ONE FINANCIAL CORP COM 14040H105 2,201,176 52,049,563 SH SOLE 49,181,366 2,868,197 CAREFUSION CORP COM 14170T101 4,664 183,565 SH SOLE 80,450 103,115 CARMAX INC COM 143130102 241,783 7,932,508 SH SOLE 7,400,908 531,600 CATERPILLAR INC COM 149123101 8,476 93,558 SH SOLE 91,058 2,500 CELANESE CORP-SERIES A COM SER A 150870103 393,009 8,877,540 SH SOLE 8,311,190 566,350 CEMEX SAB-SPONS ADR PART CER SPON ADR NEW 151290889 383,143 71,084,092 SH SOLE 69,118,279 1,965,813 CHEVRON CORP COM 166764100 1,024,087 9,624,877 SH SOLE 8,983,297 641,580 CHUBB CORP COM 171232101 12,370 178,703 SH SOLE 173,103 5,600 CIGNA CORP COM 125509109 2,158 51,390 SH SOLE 48,890 2,500 CITRIX SYSTEMS INC COM 177376100 1,202 19,800 SH SOLE 19,800 0 COCA-COLA CO/THE COM 191216100 1,286 18,381 SH SOLE 18,381 0 COLGATE-PALMOLIVE CO COM 194162103 1,062 11,500 SH SOLE 11,500 0 COMCAST CORP-CLASS A CL A 20030N101 2,387,109 100,679,425 SH SOLE 94,611,771 6,067,654 COMCAST CORP-SPECIAL CL A CL A SPL 20030N200 3,957 167,961 SH SOLE 157,200 10,761 COMPUTER SCIENCES CORP COM 205363104 382,403 16,135,154 SH SOLE 15,130,054 1,005,100 COMPUWARE CORP COM 205638109 235,645 28,322,734 SH SOLE 26,542,234 1,780,500 CONOCOPHILLIPS COM 20825C104 5,308 72,845 SH SOLE 72,345 500 CORNING INC COM 219350105 150,345 11,582,800 SH SOLE 10,432,200 1,150,600 COVIDIEN PLC COM G2554F113 20,675 459,346 SH SOLE 332,241 127,105 CREDIT SUISSE GROUP-SPON ADR SPONSORED ADR 225401108 175,456 7,472,587 SH SOLE 7,008,537 464,050 DEERE & CO COM 244199105 2,995 38,724 SH SOLE 38,724 0 DIAGEO PLC-SPONSORED ADR SPON ADR NEW 25243Q205 221,327 2,531,766 SH SOLE 2,523,766 8,000 DIRECTV-CLASS A COM CL A 25490A101 298 6,980 SH SOLE 6,980 0 DISH NETWORK CORP-A CL A 25470M109 401,945 14,113,250 SH SOLE 13,258,688 854,562 DOMINION RESOURCES INC/VA COM 25746U109 424 7,988 SH SOLE 7,988 0 DOMTAR CORP COM 257559203 109,439 1,368,665 SH SOLE 1,275,019 93,646 DOW CHEMICAL CO/THE COM 260543103 945,481 32,874,866 SH SOLE 30,905,909 1,968,957 DU PONT (E.I.) DE NEMOURS COM 263534109 2,186 47,753 SH SOLE 47,753 0 DUKE ENERGY CORP COM 26441C105 2,889 131,297 SH SOLE 126,297 5,000 DUN & BRADSTREET CORP COM 26483E100 1,528 20,425 SH SOLE 18,325 2,100 EATON CORP COM 278058102 5,760 132,330 SH SOLE 127,330 5,000 EBAY INC COM 278642103 1,253,068 41,314,489 SH SOLE 38,909,547 2,404,942 ELECTRONIC ARTS INC COM 285512109 1,345 65,300 SH SOLE 57,300 8,000 ELI LILLY & CO COM 532457108 1,722 41,443 SH SOLE 41,443 0 EQUINIX INC COM NEW 29444U502 143,070 1,410,950 SH SOLE 1,300,150 110,800 ERICSSON (LM) TEL-SP ADR ADR B SEK 10 294821608 18,428 1,819,166 SH SOLE 1,779,466 39,700 EXXON MOBIL CORP COM 30231G102 17,076 201,460 SH SOLE 200,492 968 FEDEX CORP COM 31428X106 1,634,354 19,570,756 SH SOLE 18,459,866 1,110,890 FLUOR CORP COM 343412102 485 9,657 SH SOLE 9,657 0 GENERAL ELECTRIC CO COM 369604103 2,073,665 115,782,543 SH SOLE 109,614,843 6,167,700 GENERAL MILLS INC COM 370334104 453 11,200 SH SOLE 11,200 0 GENUINE PARTS CO COM 372460105 3,375 55,152 SH SOLE 55,152 0 GENWORTH FINANCIAL INC-CL A COM CL A 37247D106 242,299 36,992,236 SH SOLE 35,098,336 1,893,900 GILEAD SCIENCES INC COM 375558103 5,298 129,450 SH SOLE 37,300 92,150 GLAXOSMITHKLINE PLC-SPON ADR SPONSORED ADR 37733W105 2,841,190 62,265,843 SH SOLE 60,226,329 2,039,514 GOLDMAN SACHS GROUP INC COM 38141G104 1,062,519 11,749,625 SH SOLE 11,083,925 665,700 GRUPO TELEVISA SA-SPON ADR SP ADR REP ORD 40049J206 565,751 26,863,792 SH SOLE 26,863,792 0 HALLIBURTON CO COM 406216101 328 9,500 SH SOLE 9,500 0 HESS CORP COM 42809H107 401 7,052 SH SOLE 7,052 0 HEWLETT-PACKARD CO COM 428236103 3,011,490 116,905,657 SH SOLE 111,450,761 5,454,896 HOME DEPOT INC COM 437076102 1,089,423 25,913,960 SH SOLE 24,209,461 1,704,499 HONDA MOTOR CO LTD-SPONS ADR AMERN SHS 438128308 206,830 6,770,200 SH SOLE 6,770,200 0 HONEYWELL INTERNATIONAL INC COM 438516106 1,029 18,925 SH SOLE 18,925 0 HSBC HOLDINGS PLC-SPONS ADR SPON ADR NEW 404280406 380,548 9,988,126 SH SOLE 9,402,323 585,803 INTERPUBLIC GROUP OF COS INC COM 460690100 980 100,700 SH SOLE 100,700 0 INTL BUSINESS MACHINES CORP COM 459200101 27,404 149,033 SH SOLE 142,433 6,600 INTUITIVE SURGICAL INC COM NEW 46120E602 370 800 SH SOLE 800 0 JOHNSON & JOHNSON COM 478160104 2,910 44,371 SH SOLE 42,371 2,000 JPMORGAN CHASE & CO COM 46625H100 2,385 71,732 SH SOLE 66,552 5,180 KIMBERLY-CLARK CORP COM 494368103 381 5,175 SH SOLE 5,175 0 KRAFT FOODS INC-CLASS A CL A 50075N104 442 11,840 SH SOLE 11,840 0 LEGG MASON INC COM 524901105 85,337 3,548,324 SH SOLE 3,309,761 238,563 LIBERTY GLOBAL INC-A COM SER A 530555101 159,782 3,894,284 SH SOLE 3,798,484 95,800 LIBERTY GLOBAL INC-SERIES C COM SER C 530555309 202,947 5,135,301 SH SOLE 5,009,101 126,200 LIBERTY INTERACTIVE CORP-A INT COM SER A 53071M104 562,787 34,707,793 SH SOLE 32,428,918 2,278,875 LOEWS CORP COM 540424108 2,315 61,500 SH SOLE 61,500 0 LOWE'S COS INC COM 548661107 187,851 7,401,554 SH SOLE 6,861,454 540,100 MACY'S INC COM 55616P104 2,215 68,818 SH SOLE 68,818 0 MAXIM INTEGRATED PRODUCTS COM 57772K101 819,254 31,461,350 SH SOLE 29,305,550 2,155,800 MCDONALD'S CORP COM 580135101 11,208 111,715 SH SOLE 107,715 4,000 MCGRAW-HILL COMPANIES INC COM 580645109 409,554 9,107,270 SH SOLE 8,490,364 616,906 MEDTRONIC INC COM 585055106 432,866 11,316,752 SH SOLE 10,576,152 740,600 MERCK & CO. INC. COM 58933Y105 2,288,860 60,712,477 SH SOLE 57,577,590 3,134,887 MICROSOFT CORP COM 594918104 1,509,551 58,149,103 SH SOLE 54,845,732 3,303,371 MOLEX INC COM 608554101 88,496 3,708,977 SH SOLE 3,592,977 116,000 MOLEX INC -CL A CL A 608554200 347,356 17,560,979 SH SOLE 16,434,210 1,126,769 MOTOROLA MOBILITY HOLDINGS I COM 620097105 2,506 64,593 SH SOLE 62,593 2,000 MOTOROLA SOLUTIONS INC COM 620076307 37,564 811,498 SH SOLE 657,294 154,204 NETAPP INC COM 64110D104 275,017 7,582,485 SH SOLE 7,112,885 469,600 NEWS CORP-CL A CL A 65248E104 2,025,518 113,538,014 SH SOLE 107,669,814 5,868,200 NEXTERA ENERGY INC COM 65339F101 1,099 18,049 SH SOLE 16,049 2,000 NOKIA CORP-SPON ADR SPONSORED ADR 654902204 402,024 83,407,443 SH SOLE 80,169,843 3,237,600 NORFOLK SOUTHERN CORP COM 655844108 685 9,397 SH SOLE 9,397 0 NORTHERN TRUST CORP COM 665859104 317 8,000 SH SOLE 8,000 0 NOVARTIS AG-ADR SPONSORED ADR 66987V109 2,708,101 47,369,259 SH SOLE 45,798,209 1,571,050 NUCOR CORP COM 670346105 2,865 72,400 SH SOLE 72,400 0 NVR INC COM 62944T105 90,199 131,485 SH SOLE 121,885 9,600 OCCIDENTAL PETROLEUM CORP COM 674599105 1,609,102 17,172,914 SH SOLE 16,129,066 1,043,848 P G & E CORP COM 69331C108 263 6,382 SH SOLE 6,382 0 PANASONIC CORP-SPON ADR ADR 69832A205 253,350 30,196,686 SH SOLE 28,589,636 1,607,050 PARKER HANNIFIN CORP COM 701094104 425 5,578 SH SOLE 3,078 2,500 PEPSICO INC COM 713448108 594 8,945 SH SOLE 8,945 0 PETROLEO BRASILEIRO-SPON ADR SP ADR NON VTG 71654V101 346,273 14,741,300 SH SOLE 14,741,300 0 PFIZER INC COM 717081103 1,895,544 87,594,438 SH SOLE 82,871,204 4,723,234 PHILIP MORRIS INTERNATIONAL COM 718172109 1,885 24,024 SH SOLE 21,524 2,500 PHILIPS ELECTRONICS-NY SHR NY REG SH NEW 500472303 260,836 12,450,385 SH SOLE 11,470,647 979,738 PITNEY BOWES INC COM 724479100 125,772 6,783,845 SH SOLE 6,294,374 489,471 PNC FINANCIAL SERVICES GROUP COM 693475105 1,995 34,600 SH SOLE 34,600 0 PPG INDUSTRIES INC COM 693506107 751 9,000 SH SOLE 9,000 0 PROCTER & GAMBLE CO/THE COM 742718109 13,300 199,371 SH SOLE 198,171 1,200 PROGRESS ENERGY INC COM 743263105 303 5,400 SH SOLE 5,400 0 REGENERON PHARMACEUTICALS COM 75886F107 427 7,700 SH SOLE 4,500 3,200 RIO TINTO PLC-SPON ADR SPONSORED ADR 767204100 1,840 37,612 SH SOLE 37,612 0 ROYAL DUTCH SHELL PLC-ADR SPONS ADR A 780259206 865,115 11,836,300 SH SOLE 11,783,013 53,287 SANOFI-ADR SPONSORED ADR 80105N105 1,957,993 53,584,931 SH SOLE 51,134,551 2,450,380 SCHLUMBERGER LTD COM 806857108 2,380,760 34,852,291 SH SOLE 33,406,841 1,445,450 SCHWAB (CHARLES) CORP COM 808513105 926,126 82,249,218 SH SOLE 78,571,518 3,677,700 SIGMA-ALDRICH COM 826552101 1,374 22,000 SH SOLE 22,000 0 SLM CORP COM 78442P106 3,185 237,700 SH SOLE 103,900 133,800 SONY CORP-SPONSORED ADR ADR NEW 835699307 474,670 26,312,074 SH SOLE 24,925,324 1,386,750 SPDR MSCI ACWI EX-US MSCI ACWI EXUS 78463X848 1,456 51,300 SH SOLE 51,300 0 SPRINT NEXTEL CORP COM SER 1 852061100 528,476 225,844,428 SH SOLE 213,917,928 11,926,500 STATE STREET CORP COM 857477103 657 16,300 SH SOLE 16,300 0 SUNTRUST BANKS INC COM 867914103 383,107 21,644,462 SH SOLE 20,271,729 1,372,733 SYMANTEC CORP COM 871503108 932,268 59,569,866 SH SOLE 56,161,316 3,408,550 SYNOPSYS INC COM 871607107 627,299 23,062,461 SH SOLE 21,789,819 1,272,642 TARGET CORP COM 87612E106 11,688 228,189 SH SOLE 221,089 7,100 TE CONNECTIVITY LTD REG SHS H84989104 1,074,225 34,866,120 SH SOLE 33,498,619 1,367,501 TELEKOMUNIK INDONESIA-SP ADR SPONSORED ADR 715684106 465,411 15,140,249 SH SOLE 15,140,249 0 TERADATA CORP COM 88076W103 369 7,600 SH SOLE 7,600 0 THERMO FISHER SCIENTIFIC INC COM 883556102 6,071 135,002 SH SOLE 130,302 4,700 TIME WARNER CABLE COM 88732J207 1,010,014 15,888,213 SH SOLE 14,925,392 962,821 TIME WARNER INC COM NEW 887317303 1,978,723 54,751,609 SH SOLE 51,610,672 3,140,937 TRAVELERS COS INC/THE COM 89417E109 43,446 734,263 SH SOLE 649,493 84,770 TYCO INTERNATIONAL LTD SHS H89128104 802,265 17,175,447 SH SOLE 16,368,757 806,690 ULTRAPAR PARTICPAC-SPON ADR SP ADR REP PFD 90400P101 358,428 20,838,834 SH SOLE 20,838,834 0 UNILEVER N V -NY SHARES N Y SHS NEW 904784709 3,630 105,622 SH SOLE 97,722 7,900 UNILEVER PLC-SPONSORED ADR SPON ADR NEW 904767704 425,819 12,703,420 SH SOLE 11,926,820 776,600 UNION PACIFIC CORP COM 907818108 24,951 235,523 SH SOLE 230,223 5,300 US BANCORP COM NEW 902973304 15,949 589,627 SH SOLE 556,327 33,300 VANGUARD US TOTAL STOCK MKT TOTAL STK MKT 922908769 5,768 89,697 SH SOLE 89,697 0 VERIZON COMMUNICATIONS INC COM 92343V104 261 6,500 SH SOLE 6,500 0 VF CORP COM 918204108 444 3,500 SH SOLE 2,000 1,500 VODAFONE GROUP PLC-SP ADR SPONS ADR NEW 92857W209 1,040,346 37,115,432 SH SOLE 34,615,525 2,499,907 VULCAN MATERIALS CO COM 929160109 554,362 14,087,969 SH SOLE 13,254,751 833,218 WAL-MART STORES INC COM 931142103 1,437,799 24,059,549 SH SOLE 22,811,049 1,248,500 WALGREEN CO COM 931422109 10,133 306,500 SH SOLE 301,500 5,000 WALT DISNEY CO/THE COM DISNEY 254687106 7,735 206,260 SH SOLE 199,660 6,600 WELLPOINT INC COM 94973V107 437 6,600 SH SOLE 6,600 0 WELLS FARGO & CO COM 949746101 2,545,200 92,351,229 SH SOLE 87,291,677 5,059,552 WILEY (JOHN) & SONS-CLASS A CL A 968223206 311 7,000 SH SOLE 7,000 0 XEROX CORP COM 984121103 856,879 107,648,062 SH SOLE 101,610,925 6,037,137 3M CO COM 88579Y101 3,210 39,274 SH SOLE 39,274 0