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 |
APA Corp
APA
|
$480M |
| 2 |
S
Sprint Corporation
S
|
$412M |
| 3 |
UnitedHealth
UNH
|
$367M |
| 4 |
Microsoft
MSFT
|
$309M |
| 5 |
ADT
ADT CORP
ADT
|
$244M |
Top Sells
| 1 |
FON
SPRINT CORP FON COM
FON
|
$1.76B |
| 2 |
Xerox
XRX
|
$645M |
| 3 |
PC
PANASONIC CORP ADR (REP 1 SHR COM STK) (JP)
PC
|
$347M |
| 4 |
Adobe
ADBE
|
$307M |
| 5 |
Vodafone
VOD
|
$286M |
Sector Composition
| 1 | Financials | 20.96% |
| 2 | Technology | 19.33% |
| 3 | Healthcare | 18.2% |
| 4 | Communication Services | 14.76% |
| 5 | Energy | 10.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
DuPont de Nemours
DD
$32.2B
| $1.11B | 1.26% | 28,997,741 -596,881 | -2% | -$22.9M |
|
27
Nokia
NOK
$23.1B
| $1.11B | 1.26% | 169,894,721 -5,701,100 | -3% | -$37.1M |
|
28
NetApp
NTAP
$22.6B
| $1.08B | 1.22% | 25,295,403 -322,450 | -1% | -$13.7M |
|
|
ADT
29
DELISTED
ADT CORP
ADT
| $1.06B | 1.21% | 26,114,603 +6,004,066 | +30% | +$244M |
|
|
30
APA Corp
APA
$8.31B
| $1.06B | 1.2% | 12,445,350 +5,634,550 | +83% | +$480M |
|
31
Walmart
WMT
$774B
| $1.05B | 1.19% | 14,208,943 +277,109 | +2% | +$20.5M |
|
|
TYC
32
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $1.01B | 1.15% | 28,819,491 +784,641 | +3% | +$27.4M |
|
|
33
Adobe
ADBE
$151B
| $875M | 0.99% | 16,845,904 -5,907,371 | -26% | -$307M |
|
34
Celanese
CE
$5.22B
| $854M | 0.97% | 16,184,070 +204,400 | +1% | +$10.8M |
|
35
Corning
GLW
$57.4B
| $853M | 0.97% | 58,482,118 +3,012,050 | +5% | +$43.9M |
|
36
Aegon
AEG
$12.3B
| $761M | 0.86% | 102,797,028 -2,898,748 | -3% | -$21.5M |
|
37
Baidu
BIDU
$32.8B
| $747M | 0.85% | 4,814,587 +246,746 | +5% | +$38.3M |
|
38
Synopsys
SNPS
$112B
| $741M | 0.84% | 19,655,294 -486,767 | -2% | -$18.4M |
|
|
RDS.A
39
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $719M | 0.82% | 10,939,428 -415,336 | -4% | -$27.3M |
|
|
WFT
40
DELISTED
Weatherford International plc
WFT
| $708M | 0.8% | 46,184,968 +10,208,066 | +28% | +$156M |
|
41
MetLife
MET
$54.1B
| $707M | 0.8% | 15,056,267 -118,883 | -0.8% | -$5.58M |
|
42
eBay
EBAY
$41.4B
| $697M | 0.79% | 12,487,070 +962,179 | +8% | +$53.7M |
|
43
Boston Scientific
BSX
$156B
| $695M | 0.79% | 59,157,107 -22,644,023 | -28% | -$266M |
|
44
Petrobras Class A
PBR.A
$73.9B
| $694M | 0.79% | 41,481,000 +4,818,526 | +13% | +$80.6M |
|
|
MOLXA
45
DELISTED
MOLEX INC CL-A
MOLXA
| $680M | 0.77% | 17,754,019 -491,629 | -3% | -$18.8M |
|
|
DISH
46
DELISTED
DISH Network Corp.
DISH
| $675M | 0.77% | 15,006,659 +3,461,845 | +30% | +$156M |
|
47
JPMorgan Chase
JPM
$829B
| $624M | 0.71% | 12,080,719 +594,517 | +5% | +$30.7M |
|
48
Truist Financial
TFC
$60.4B
| $608M | 0.69% | 18,022,348 -641,617 | -3% | -$21.7M |
|
49
Televisa
TV
$1.49B
| $595M | 0.68% | 21,303,692 +54,300 | +0.3% | +$1.52M |
|
|
QVCGA
50
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $568M | 0.65% | 24,206,528 -271,873 | -1% | -$6.38M |
|