DODGE & COX: MICROSOFT (MSFT): Quarterly 13F Position History
As of Q1 2026, DODGE & COX reported 11,959,935 shares of MICROSOFT (MSFT), worth $4.4B and representing 2.4% of its 13F equity book. Quarter-over-quarter share count change: + 4,518,185 (+60.7%) . The position first appeared in Q1 2016 and has been disclosed across 41 13F-HR filings in Pactolio's tracked window.
- 11,959,935Shares Held (Latest Filing)
- $4.4BReported Market Value (Latest Filing)
- 2.4%Portfolio Weight (% of 13F Equity Book)
- +4,518,185Quarter-over-Quarter Share Change
- +$828.2MQuarter-over-Quarter Value Change
- 52,928,060Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 41 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 11,959,935 | +4,518,185 | +60.7% | $4.4B | 2.4% | $370.2 |
| Q4 2025 | 7,441,750 | 430,411 | -5.5% | $3.6B | 1.9% | $483.6 |
| Q3 2025 | 7,872,161 | 270,099 | -3.3% | $4.1B | 2.2% | $518.0 |
| Q2 2025 | 8,142,260 | 738,093 | -8.3% | $4.1B | 2.3% | $497.4 |
| Q1 2025 | 8,880,353 | 180,738 | -2.0% | $3.3B | 1.9% | $375.4 |
| Q4 2024 | 9,061,091 | 39,701 | -0.4% | $3.8B | 2.2% | $421.5 |
| Q3 2024 | 9,100,792 | 313,489 | -3.3% | $3.9B | 2.2% | $430.3 |
| Q2 2024 | 9,414,281 | 76,328 | -0.8% | $4.2B | 2.5% | $446.9 |
| Q1 2024 | 9,490,609 | 1,330,511 | -12.3% | $4.0B | 2.3% | $420.7 |
| Q4 2023 | 10,821,120 | 591,680 | -5.2% | $4.1B | 2.6% | $376.0 |
| Q3 2023 | 11,412,800 | 241,436 | -2.1% | $3.6B | 2.4% | $315.8 |
| Q2 2023 | 11,654,236 | 527,382 | -4.3% | $4.0B | 2.6% | $340.5 |
| Q1 2023 | 12,181,618 | 86,309 | -0.7% | $3.5B | 2.4% | $288.3 |
| Q4 2022 | 12,267,927 | +1,318,225 | +12.0% | $2.9B | 2.0% | $239.8 |
| Q3 2022 | 10,949,702 | +1,219,159 | +12.5% | $2.6B | 1.9% | $232.9 |
| Q2 2022 | 9,730,543 | 384,729 | -3.8% | $2.5B | 1.7% | $256.8 |
| Q1 2022 | 10,115,272 | +180,126 | +1.8% | $3.1B | 1.9% | $308.3 |
| Q4 2021 | 9,935,146 | 2,207,422 | -18.2% | $3.3B | 2.1% | $336.3 |
| Q3 2021 | 12,142,568 | 480,885 | -3.8% | $3.4B | 2.2% | $281.9 |
| Q2 2021 | 12,623,453 | 343,793 | -2.7% | $3.4B | 2.2% | $270.9 |
| Q1 2021 | 12,967,246 | 863,555 | -6.2% | $3.1B | 2.2% | $235.8 |
| Q4 2020 | 13,830,801 | 1,480,134 | -9.7% | $3.1B | 2.4% | $222.4 |
| Q3 2020 | 15,310,935 | 2,531,124 | -14.2% | $3.2B | 2.9% | $210.3 |
| Q2 2020 | 17,842,059 | 2,185,081 | -10.9% | $3.6B | 3.3% | $203.5 |
| Q1 2020 | 20,027,140 | 5,562,783 | -21.7% | $3.2B | 3.4% | $157.7 |
| Q4 2019 | 25,589,923 | 287,846 | -1.1% | $4.0B | 3.1% | $157.7 |
| Q3 2019 | 25,877,769 | 5,482,521 | -17.5% | $3.6B | 3.0% | $139.0 |
| Q2 2019 | 31,360,290 | 262,562 | -0.8% | $4.2B | 3.4% | $134.0 |
| Q1 2019 | 31,622,852 | 360,220 | -1.1% | $3.7B | 3.1% | $117.9 |
| Q4 2018 | 31,983,072 | 4,422,172 | -12.1% | $3.2B | 3.0% | $101.6 |
| Q3 2018 | 36,405,244 | 1,384,025 | -3.7% | $4.2B | 3.2% | $114.4 |
| Q2 2018 | 37,789,269 | 591,222 | -1.5% | $3.7B | 3.0% | $98.6 |
| Q1 2018 | 38,380,491 | 665,100 | -1.7% | $3.5B | 2.8% | $91.3 |
| Q4 2017 | 39,045,591 | 1,185,164 | -2.9% | $3.3B | 2.6% | $85.5 |
| Q3 2017 | 40,230,755 | 727,170 | -1.8% | $3.0B | 2.4% | $74.5 |
| Q2 2017 | 40,957,925 | 1,251,706 | -3.0% | $2.8B | 2.4% | $68.9 |
| Q1 2017 | 42,209,631 | 601,560 | -1.4% | $2.8B | 2.4% | $65.9 |
| Q4 2016 | 42,811,191 | 1,637,985 | -3.7% | $2.7B | 2.4% | $62.1 |
| Q3 2016 | 44,449,176 | 7,037,919 | -13.7% | $2.6B | 2.4% | $57.6 |
| Q2 2016 | 51,487,095 | 1,440,965 | -2.7% | $2.6B | 2.6% | $51.2 |
| Q1 2016 | 52,928,060 | — | — | $2.9B | 2.9% | $55.2 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did DODGE & COX first disclose a MSFT position in 13F-HR filings?
DODGE & COX first reported MICROSOFT (MSFT) on its 13F-HR filing for the period ending 2016-03-31 (Q1 2016). The position has appeared on 41 reported quarters within Pactolio's tracked window.
What was DODGE & COX's most recent quarter-over-quarter share-count change in MSFT?
Between Q4 2025 and Q1 2026, DODGE & COX added 4,518,185 shares of MSFT (+60.7%), bringing the total reported position to 11,959,935 shares at a market value of $4.4B.
Does the implied price-per-share represent DODGE & COX's cost basis in MSFT?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.