Dodge & Cox Trims Stake in Capital One Financial

Institutional investor reduces position in financial services provider by 5.8% in Q3

Mar. 14, 2026 at 8:09am

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According to a recent 13F filing with the SEC, investment management firm Dodge & Cox reduced its stake in Capital One Financial Corporation (NYSE:COF) by 5.8% during the third quarter. Dodge & Cox now owns approximately 12.1 million shares of the financial services provider, making it the 28th largest position in the firm's investment portfolio.

Why it matters

As a major institutional investor, Dodge & Cox's portfolio moves can provide insights into the market's sentiment towards specific companies. The reduction in Capital One Financial's position may signal concerns about the company's outlook or valuation among some large investors.

The details

Dodge & Cox sold 748,539 shares of Capital One Financial during the third quarter, bringing its total position to 12,107,917 shares. This represents around 1.9% of the company's outstanding shares and makes Capital One Financial the 28th largest holding in Dodge & Cox's investment portfolio.

  • Dodge & Cox reduced its position in Capital One Financial during the 3rd quarter of 2026.

The players

Dodge & Cox

An investment management firm that owns a significant stake in Capital One Financial Corporation.

Capital One Financial Corporation

A diversified bank holding company that provides credit card, consumer and commercial banking, and auto finance services.

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The takeaway

Dodge & Cox's reduction in its Capital One Financial position suggests some institutional investors may be reevaluating the company's outlook, though the overall sentiment remains moderately positive based on analyst ratings.