Dodge and Cox Stock Fund’s Q3 2021 Investor Letter

Dodge & Cox Stock Fund, an investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here. The Dodge & Cox Stock Fund had a total return of –1.3% for the third quarter of 2021, compared to 0.6% for the S&P 500 Index and –0.8% for the Russell 1000 Value Index (R1000V). For the nine months ended September 30, 2021, the Fund had a total return of 24.4%, compared to 15.9% for the S&P 500 and 16.1% for the R1000V You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.