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 |
UnitedHealth
UNH
|
$1.48B |
| 2 |
Regeneron Pharmaceuticals
REGN
|
$789M |
| 3 |
Teledyne Technologies
TDY
|
$767M |
| 4 |
AMRZ
Amrize Ltd
AMRZ
|
$622M |
| 5 |
Comcast
CMCSA
|
$609M |
Top Sells
| 1 |
Williams Companies
WMB
|
$1.58B |
| 2 |
Cisco
CSCO
|
$1.46B |
| 3 |
GE Aerospace
GE
|
$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 |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
UnitedHealth
UNH
$281B
| $2.73B | 1.53% | 8,750,560 +4,730,192 | +118% | +$1.48B |
|
27
AB InBev
BUD
$122B
| $2.64B | 1.49% | 38,477,542 -2,638,596 | -6% | -$181M |
|
28
International Flavors & Fragrances
IFF
$17.3B
| $2.58B | 1.45% | 35,047,387 +1,272,780 | +4% | +$93.6M |
|
29
Alphabet (Google) Class C
GOOG
$2.58T
| $2.52B | 1.41% | 14,179,423 -2,868,938 | -17% | -$509M |
|
30
Air Products & Chemicals
APD
$65.5B
| $2.49B | 1.4% | 8,821,400 +61,678 | +0.7% | +$17.4M |
|
31
Goldman Sachs
GS
$226B
| $2.34B | 1.31% | 3,306,574 -44,965 | -1% | -$31.8M |
|
|
32
GE Aerospace
GE
$292B
| $2.33B | 1.31% | 9,065,811 -4,920,540 | -35% | -$1.27B |
|
33
SBA Communications
SBAC
$22B
| $2.02B | 1.14% | 8,608,494 +123,230 | +1% | +$28.9M |
|
34
Zimmer Biomet
ZBH
$21B
| $2.02B | 1.13% | 22,097,463 +2,533,009 | +13% | +$231M |
|
|
35
Regeneron Pharmaceuticals
REGN
$61.5B
| $2.01B | 1.13% | 3,826,283 +1,502,198 | +65% | +$789M |
|
|
36
Alphabet (Google) Class A
GOOGL
$2.57T
| $1.99B | 1.12% | 11,275,218 -320,464 | -3% | -$56.5M |
|
37
Sun Communities
SUI
$15.9B
| $1.8B | 1.01% | 14,198,760 +550,940 | +4% | +$69.7M |
|
38
GE HealthCare
GEHC
$33.7B
| $1.75B | 0.98% | 23,567,950 +6,982,441 | +42% | +$517M |
|
39
Fortive
FTV
$16.2B
| $1.73B | 0.97% | 33,173,605 +11,273,242 | +51% | +$588M |
|
40
Baker Hughes
BKR
$44.8B
| $1.71B | 0.96% | 44,582,813 -72,282 | -0.2% | -$2.77M |
|
41
Haleon
HLN
$43.9B
| $1.61B | 0.91% | 155,471,999 -13,678,937 | -8% | -$142M |
|
42
Avantor
AVTR
$9.18B
| $1.58B | 0.89% | 117,433,484 +17,170,761 | +17% | +$231M |
|
43
Baxter International
BAX
$12.7B
| $1.58B | 0.89% | 52,121,620 +662,695 | +1% | +$20.1M |
|
|
44
UBS Group
UBS
$128B
| $1.54B | 0.87% | 45,635,942 -26,972,850 | -37% | -$913M |
|
45
Coupang
CPNG
$52.1B
| $1.4B | 0.78% | 46,614,520 +5,829,600 | +14% | +$175M |
|
46
Dominion Energy
D
$51.1B
| $1.3B | 0.73% | 22,925,248 -383,130 | -2% | -$21.7M |
|
47
Novartis
NVS
$245B
| $1.29B | 0.72% | 10,647,629 -1,170,473 | -10% | -$142M |
|
48
Cognizant
CTSH
$35.3B
| $1.27B | 0.71% | 16,267,302 -2,003,045 | -11% | -$156M |
|
49
Alibaba
BABA
$322B
| $1.24B | 0.7% | 10,964,270 -355,300 | -3% | -$40.3M |
|
50
Elanco Animal Health
ELAN
$9.12B
| $1.18B | 0.67% | 82,895,232 -25,350 | -0% | -$362K |
|