Dodge Cox Buys Shares of These Companies in Q3

Wall St. Watchdog reveals information regarding significant increase in shares for Dodge Cox’s holdings on the quarter ending September 30th, 2011. The firm is bullish on these stocks:

  • Lowe’s Companies Inc. (NYSE:LOW): On 06/30/2011, Dodge Cox reported holding 0 shares. On 09/30/2011, Dodge Cox reported holding 8,241,054 shares. The net increase in shares for this position is 8,241,054. About Company: Lowe’s Companies, Inc. is a home improvement retailer that distributes building materials and supplies through stores in the United States. The Company offers a complete line of products and services for home decorating, maintenance, repair, remodeling, and property maintenance.
  • Adobe Systems Inc. (NASDAQ:ADBE): On 06/30/2011, Dodge Cox reported holding 22,300 shares. On 09/30/2011, Dodge Cox reported holding 11,348,450 shares. The net increase in shares for this position is 11,326,150 or 50789.91%. About Company: Adobe Systems Incorporated develops, markets, and supports computer software products and technologies. The Company’s products allow users to express and use information across all print and electronic media. Adobe offers a line of application software products, type products, and content for creating, distributing, and managing information.
  • Bank Of America Corporation (NYSE:BAC): On 06/30/2011, Dodge Cox reported holding 9,194,496 shares. On 09/30/2011, Dodge Cox reported holding 135,586,405 shares. The net increase in shares for this position is 126,391,909 or 1374.65%. About Company: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
  • The Goldman Sachs Group Inc. (NYSE:GS): On 06/30/2011, Dodge Cox reported holding 4,068,750 shares. On 09/30/2011, Dodge Cox reported holding 11,760,925 shares. The net increase in shares for this position is 7,692,175 or 189.05%. About Company: The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high-net worth individuals.
  • Celanese Corp. (NYSE:CE): On 06/30/2011, Dodge Cox reported holding 4,317,790 shares. On 09/30/2011, Dodge Cox reported holding 8,828,590 shares. The net increase in shares for this position is 4,510,800 or 104.47%. About Company: Celanese Corporation is a global industrial chemicals company. Its business involves processing chemical raw materials, such as ethylene and propylene, and natural products, including natural gas and wood pulp, into chemicals and chemical-based products.

(Note: Data regarding Dodge Cox’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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