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 | |
|---|---|---|---|---|---|---|
26
UnitedHealth
UNH
$327B
| $2.73B | 1.53% |
8,750,560
+4,730,192
|
|
||
27
AB InBev
BUD
$118B
| $2.64B | 1.49% |
38,477,542
-2,638,596
|
|
||
28
International Flavors & Fragrances
IFF
$15.9B
| $2.58B | 1.45% |
35,047,387
+1,272,780
|
|
||
29
Alphabet (Google) Class C
GOOG
$3.04T
| $2.52B | 1.41% |
14,179,423
-2,868,938
|
|
||
30
Air Products & Chemicals
APD
$57.3B
| $2.49B | 1.4% |
8,821,400
+61,678
|
|
||
31
Goldman Sachs
GS
$237B
| $2.34B | 1.31% |
3,306,574
-44,965
|
|
||
32
GE Aerospace
GE
$318B
| $2.33B | 1.31% |
9,065,811
-4,920,540
|
|
||
33
SBA Communications
SBAC
$20.9B
| $2.02B | 1.14% |
8,608,494
+123,230
|
|
||
34
Zimmer Biomet
ZBH
$19.7B
| $2.02B | 1.13% |
22,097,463
+2,533,009
|
|
||
35
Regeneron Pharmaceuticals
REGN
$61.1B
| $2.01B | 1.13% |
3,826,283
+1,502,198
|
|
||
|
36
Alphabet (Google) Class A
GOOGL
$3.04T
| $1.99B | 1.12% |
11,275,218
-320,464
|
|
||
37
Sun Communities
SUI
$15.6B
| $1.8B | 1.01% |
14,198,760
+550,940
|
|
||
38
GE HealthCare
GEHC
$33.4B
| $1.75B | 0.98% |
23,567,950
+6,982,441
|
|
||
39
Fortive
FTV
$16.4B
| $1.73B | 0.97% |
33,173,605
+11,273,242
|
|
||
40
Baker Hughes
BKR
$43.8B
| $1.71B | 0.96% |
44,582,813
-72,282
|
|
||
41
Haleon
HLN
$40.9B
| $1.61B | 0.91% |
155,471,999
-13,678,937
|
|
||
42
Avantor
AVTR
$9.46B
| $1.58B | 0.89% |
117,433,484
+17,170,761
|
|
||
43
Baxter International
BAX
$11.7B
| $1.58B | 0.89% |
52,121,620
+662,695
|
|
||
|
44
UBS Group
UBS
$124B
| $1.54B | 0.87% |
45,635,942
-26,972,850
|
|
||
45
Coupang
CPNG
$57.5B
| $1.4B | 0.78% |
46,614,520
+5,829,600
|
|
||
46
Dominion Energy
D
$52.6B
| $1.3B | 0.73% |
22,925,248
-383,130
|
|
||
47
Novartis
NVS
$252B
| $1.29B | 0.72% |
10,647,629
-1,170,473
|
|
||
48
Cognizant
CTSH
$32.6B
| $1.27B | 0.71% |
16,267,302
-2,003,045
|
|
||
49
Alibaba
BABA
$385B
| $1.24B | 0.7% |
10,964,270
-355,300
|
|
||
50
Elanco Animal Health
ELAN
$10.2B
| $1.18B | 0.67% |
82,895,232
-25,350
|
|