Dodge & Cox Portfolio holdings
Dodge & Cox, founded in 1930 by Van Duyn Dodge and E. Morris Cox in San Francisco, California, is an independent, employee-owned investment management firm renowned for its disciplined, value-oriented approach to long-term investing. Managing over $350 billion in assets as of late 2024, the firm offers a concise lineup of mutual funds and separate accounts focusing on U.S. and international equities, fixed income, and balanced portfolios, serving individual and institutional investors with a low-turnover, research-driven strategy. Known for its team-based decision-making and contrarian stance—buying undervalued securities others overlook—Dodge & Cox has maintained a consistent philosophy through decades, avoiding trend-chasing and emphasizing fundamentals, even during market volatility like the 2008 crisis. With a tight-knit team of about 300 employees and no proprietary trading, the firm’s commitment to simplicity, low fees, and client alignment has earned it a loyal following and a reputation as a steadfast player in asset management.
Top Buys
| 1 | +$1.48B | |
| 2 | +$789M | |
| 3 | +$767M | |
| 4 |
AMRZ
Amrize Ltd
AMRZ
|
+$622M |
| 5 |
Comcast
CMCSA
|
+$609M |
Top Sells
| 1 | +$1.58B | |
| 2 | +$1.46B | |
| 3 | +$1.27B | |
| 4 |
UBS Group
UBS
|
+$913M |
| 5 |
Capital One
COF
|
+$728M |
Sector Composition
| 1 | Healthcare | 23.24% |
| 2 | Financials | 18.09% |
| 3 | Industrials | 12.75% |
| 4 | Technology | 11.73% |
| 5 | Communication Services | 11.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Charles Schwab
SCHW
$171B
| $7.7B | 4.32% |
84,357,885
-4,392,770
|
|
||
2
Johnson Controls International
JCI
$72.5B
| $7.07B | 3.97% |
66,922,767
-3,895,287
|
|
||
3
RTX Corp
RTX
$210B
| $6.1B | 3.43% |
41,753,934
-599,628
|
|
||
4
Fiserv
FI
$65.8B
| $5.12B | 2.88% |
29,719,536
-870,955
|
|
||
5
CVS Health
CVS
$102B
| $5.06B | 2.84% |
73,288,766
-170,356
|
|
||
6
Charter Communications
CHTR
$36.1B
| $4.55B | 2.56% |
11,126,486
-379,634
|
|
||
7
MetLife
MET
$54.3B
| $4.28B | 2.4% |
53,181,881
-731,296
|
|
||
8
Booking.com
BKNG
$165B
| $4.23B | 2.38% |
730,473
-45,535
|
|
||
9
Wells Fargo
WFC
$277B
| $4.07B | 2.28% |
50,745,861
-6,882,254
|
|
||
10
Microsoft
MSFT
$3.82T
| $4.05B | 2.28% |
8,142,260
-738,093
|
|
||
|
11
Comcast
CMCSA
$110B
| $3.97B | 2.23% |
111,272,320
+17,054,579
|
|
||
12
Amazon
AMZN
$2.3T
| $3.64B | 2.05% |
16,592,150
+59,518
|
|
||
13
Sanofi
SNY
$119B
| $3.46B | 1.95% |
71,718,315
-1,474,742
|
|
||
14
Bank of New York Mellon
BK
$76.8B
| $3.43B | 1.93% |
37,619,374
-4,357,266
|
|
||
15
Gilead Sciences
GILD
$147B
| $3.42B | 1.92% |
30,818,322
-1,876,469
|
|
||
16
Occidental Petroleum
OXY
$41.2B
| $3.37B | 1.89% |
80,254,372
-584,698
|
|
||
17
FedEx
FDX
$55.6B
| $3.29B | 1.85% |
14,482,494
+649,426
|
|
||
18
Meta Platforms (Facebook)
META
$1.8T
| $3.07B | 1.73% |
4,163,253
+638,739
|
|
||
19
GSK
GSK
$88B
| $3.02B | 1.7% |
78,757,869
+106,036
|
|
||
20
Cigna
CI
$78.6B
| $2.96B | 1.66% |
8,950,610
+60,877
|
|
||
21
TE Connectivity
TEL
$65.8B
| $2.87B | 1.61% |
17,039,803
+1,017,323
|
|
||
22
Fidelity National Information Services
FIS
$34.8B
| $2.87B | 1.61% |
35,274,497
+466,199
|
|
||
23
Norfolk Southern
NSC
$65B
| $2.78B | 1.56% |
10,859,121
+192,567
|
|
||
24
Humana
HUM
$31.5B
| $2.78B | 1.56% |
11,352,920
+597,705
|
|
||
|
25
Capital One
COF
$138B
| $2.74B | 1.54% |
12,856,456
-3,419,856
|
|