Dodge & Cox’s Fresenius Medical Care FMS Stock Holding History

Dodge & Cox’s Portfolio FMS Stock Details FMS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$86.5M	Hold	3,826,910	–	–	0.05%	108
2026 Q1	$86.3M	Hold	3,826,910	–	–	0.05%	105
2025 Q4	$91.2M	Hold	3,826,910	–	–	0.05%	103
2025 Q3	$101M	Hold	3,826,910	–	–	0.05%	102
2025 Q2	$109M	Sell	3,826,910 -346,600	-8%	-$9.3M	0.06%	102
2025 Q1	$104M	Hold	4,173,510	–	–	0.06%	97
2024 Q4	$94.5M	Hold	4,173,510	–	–	0.06%	99
2024 Q3	$88.9M	Sell	4,173,510 -49,600	-1%	-$976K	0.05%	100
2024 Q2	$80.6M	Hold	4,223,110	–	–	0.05%	98
2024 Q1	$81.4M	Hold	4,223,110	–	–	0.05%	99
2023 Q4	$88M	Hold	4,223,110	–	–	0.06%	95
2023 Q3	$91M	Hold	4,223,110	–	–	0.06%	95
2023 Q2	$101M	Hold	4,223,110	–	–	0.07%	92
2023 Q1	$89.8M	Buy	4,223,110 +718,910	+21%	+$13.8M	0.06%	91
2022 Q4	$57.3M	Buy	3,504,200 +2,228,800	+175%	+$33M	0.04%	95
2022 Q3	$17.9M	Hold	1,275,400	–	–	0.01%	106
2022 Q2	$31.8M	Hold	1,275,400	–	–	0.02%	101
2022 Q1	$43M	Buy	+1,275,400	New	+$41.9M	0.03%	97

Other funds holding FMS

Pzena Investment Management New York $34.1B AUM 23.81% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

FMI

Fiduciary Management Inc Milwaukee, Wisconsin $7.03B AUM 11.68% 1-Year Est. Return

BIP

Brandes Investment Partners La Jolla, California $14.3B AUM 23.11% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

TAM

Todd Asset Management Louisville, Kentucky $5.63B AUM 45.28% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

TRSOTSOK

Teachers Retirement System of the State of Kentucky Frankfort, Kentucky $14.7B AUM 42.39% 1-Year Est. Return

QCM

Quantinno Capital Management New York $83.3B AUM 37.97% 1-Year Est. Return

Dodge & Cox's FMS Position: Q2 2026 in Review

Dodge & Cox held its Fresenius Medical Care (FMS) position steady in Q2 2026 at 3,826,910 shares worth $86.5M. The position accounts for 0.05% of the portfolio, ranked #108.

Dodge & Cox first reported a position in FMS in Q1 2022 and has held it in 18 quarters since. The position peaked at $109M in Q2 2025. 233 funds tracked by Wall St. Rank hold FMS as of Q2 2026.

Dodge & Cox held 3,826,910 shares of Fresenius Medical Care worth $86.5M as of Q2 2026.
Dodge & Cox left its Fresenius Medical Care share count unchanged in Q2 2026.
Fresenius Medical Care made up 0.05% of Dodge & Cox's portfolio in Q2 2026, its #108 holding.
Dodge & Cox first reported a position in Fresenius Medical Care in Q1 2022 and has held it in 18 quarters since.
Dodge & Cox's Fresenius Medical Care position peaked at $109M in Q2 2025.
233 funds tracked by Wall St. Rank held Fresenius Medical Care as of Q2 2026.

Based on Dodge & Cox's 13F filing for Q2 2026, filed 13 Aug 2026.