Value investing giant Dodge & Cox revealed a significant new stake in Fedex Freight Holding Co., Inc. (FDXF), a recent spinoff from FedEx Corp. According to a quarterly disclosure, the firm established a position of 7.18 million shares valued at approximately $1.08 billion. This investment gave Dodge & Cox a 0.57% weight in its portfolio in the newly independent company, which began trading publicly on June 1, 2026.

This information comes from a 13F filing, which is a delayed look at holdings as of June 30, 2026, and made public on August 13. These filings do not represent current trading activity. Dodge & Cox is known for its long-term, value-oriented investment philosophy, often taking substantial positions in companies it believes are undervalued.