v3.26.1
Shareholder Report
 6 Months Ended
Jun. 30, 2026
USD ($)
Holding
Shareholder Report [Line Items]  
Document Type N-CSRS
Amendment Flag false
Registrant Name CLIPPER FUNDS TRUST
Entity Central Index Key 0001316506
Entity Investment Company Type N-1A
Document Period End Date Jun. 30, 2026
C000031492 [Member]  
Shareholder Report [Line Items]  
Fund Name Clipper Fund
Trading Symbol CFIMX
Annual or Semi-Annual Statement [Text Block] This Semi-Annual  shareholder report contains important information about the Clipper Fund (the “Fund”) for the period of January 1, 2026 to June 30, 2026 (the “period”).
Shareholder Report Annual or Semi-Annual Semi-Annual  shareholder report
Additional Information [Text Block] You can find additional information about the Fund at clipperfund.com/resources/regulatory-documents or by contacting Investor Services at 1-800-432-2504.
Additional Information Phone Number 1-800-432-2504
Additional Information Website clipperfund.com/resources/regulatory-documents
Expenses [Text Block]
What were the Fund expenses for the last six months?
(Based on a hypothetical $10,000 investment)
Fund Costs of $10,000 investment Costs paid as a percentage of a $10,000 investment
Clipper Fund
 $35 0.68%*
*
Annualized.
Expenses Paid, Amount $ 35
Expense Ratio, Percent 0.68% [1]
Factors Affecting Performance [Text Block]
Management’s Discussion of Fund Performance
Summary of Results
The Fund underperformed the Standard & Poor’s 500 Index (“S&P 500” or the “Index”) for the period. The Fund delivered a total return of 9.60%, versus a 10.21% return for the S&P 500. The Fund invests principally in common stocks (including American Depositary Receipts) issued by large companies with market capitalizations of at least $10 billion. The Fund is non-diversified and, therefore, allowed to focus its investments in fewer companies than a fund that is required to diversify its portfolio. The Fund continues to invest a significant portion of its assets in financial services and foreign companies.
Market Overview
  • S&P 500
    • Strongest performing sectors - Industrials, Information Technology, and Energy (all +20%)
    • Weakest performing sectors - Financials (-1%), Consumer Discretionary (-1%), and Communication Services (+1%)
Detractors from Performance
  • Financials - underperformed the Index sector (-6% vs -1%) and overweight (average weighting 28% vs 12%)
    • Capital One Financial (-17%) - largest individual detractor
    • Markel Group (-9%), Ping An Insurance (-20%), and Wells Fargo (-10%)
  • Significantly underweight in Information Technology (average weighting 9% vs 35%)
  • Industrials - underperformed the Index sector (+1% vs +20%) and underweight (average weighting 2% vs 9%)
    • DiDi Global (-37%)
  • Energy - underperformed the Index sector (+7% vs +20%)
  • Communication Services - underperformed the Index sector (-1% vs +1%) and overweight (average weighting 15% vs 10%)
    • Meta Platforms (-15%) and Pinterest (-19%)
  • Individual holdings
    • Trip.com Group (-45%), Naspers (-25%), and LyondellBasell Industries (-5%)
    • LyondellBasell Industries - new purchase during the period
Contributors to Performance
  • Information Technology - significantly outperformed the Index sector (+119% vs +20%)
    • Samsung Electronics (+160%) and Applied Materials (+182%) - two largest individual contributors
    • Texas Instruments (+74%)
  • Health Care - outperformed the Index sector (+20% vs +3%)
    • CVS Health (+33%), Viatris (+30%), and UnitedHealth Group (+28%)
  • Consumer Discretionary - outperformed the Index sector (+5% vs -1%)
    • MGM Resorts (+31%)
  • Overweight in Energy (average weighting 8% vs 3%)
    • Devon Energy (+11%) - completed merger with Coterra in May 2026 and includes Coterra performance prior to merger
  • Individual holdings
    • Alphabet (+14%) and U.S. Bancorp (+15%)
Performance Past Does Not Indicate Future [Text] The Fund's past performance is not a good predictor of how the Fund will perform in the future.
Average Annual Return [Table Text Block]
AVERAGE ANNUAL TOTAL RETURN FOR PERIODS ENDED 06/30/26 1 Year 5 Years 10 Years
Clipper Fund 25.74% 11.78% 13.34%
S&P 500 Index 22.32% 13.40% 15.50%
Russell 1000 Value Index 27.12% 11.17% 11.52%
No Deduction of Taxes [Text Block] The table does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.
Updated Performance Information Location [Text Block] For most recent month-end performance information, please call Investor Services at 1-800-432-2504 or visit the Fund's website at www.clipperfund.com .
Net Assets $ 1,500,000,000
Holdings Count | Holding 35
Advisory Fees Paid, Amount $ 3,800,000
Investment Company Portfolio Turnover 10.00%
Additional Fund Statistics [Text Block]
Key Fund Statistics
Fund net assets as of 06/30/26 (in billions) $1.5
Total number of portfolio holdings as of 06/30/26 35
Portfolio turnover rate for the period 10%
Total advisory fees paid for the period (in millions) $3.8
Holdings [Text Block]
Top Sectors as of 06/30/26 Net Assets
Financials 27.46%
Health Care 15.33%
Communication Services 14.04%
Consumer Discretionary 11.98%
Information Technology 8.30%
[1] Annualized.