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 |
NOV
NOV
|
$1.02B |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
$449M |
| 3 |
EMC
EMC CORPORATION
EMC
|
$431M |
| 4 |
JPMorgan Chase
JPM
|
$329M |
| 5 |
Liberty Global Class C
LBTYK
|
$247M |
Top Sells
| 1 |
Merck
MRK
|
$502M |
| 2 |
Xerox
XRX
|
$484M |
| 3 |
Vodafone
VOD
|
$350M |
| 4 |
FRX
FOREST LABORATORIES INC
FRX
|
$347M |
| 5 |
BHI
Baker Hughes
BHI
|
$347M |
Sector Composition
| 1 | Financials | 21.58% |
| 2 | Technology | 20.37% |
| 3 | Healthcare | 18.65% |
| 4 | Communication Services | 13.43% |
| 5 | Energy | 11.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
APA Corp
APA
$8.31B
| $1.28B | 1.31% | 15,425,646 +2,892,846 | +23% | +$240M |
|
|
WFT
27
DELISTED
Weatherford International plc
WFT
| $1.27B | 1.3% | 73,066,277 +5,353,534 | +8% | +$92.9M |
|
|
TYC
28
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $1.23B | 1.26% | 29,120,796 +35,250 | +0.1% | +$1.49M |
|
29
Corning
GLW
$57.4B
| $1.21B | 1.23% | 57,996,868 +50,750 | +0.1% | +$1.06M |
|
|
BHI
30
DELISTED
Baker Hughes
BHI
| $1.14B | 1.17% | 17,546,903 -5,331,706 | -23% | -$347M |
|
31
eBay
EBAY
$41.4B
| $1.13B | 1.16% | 20,456,804 +1,682,535 | +9% | +$92.9M |
|
32
UnitedHealth
UNH
$281B
| $1.07B | 1.1% | 13,078,536 +1,755,551 | +16% | +$144M |
|
33
Nokia
NOK
$23.1B
| $1.07B | 1.09% | 145,125,971 -8,815,700 | -6% | -$64.7M |
|
|
34
JPMorgan Chase
JPM
$829B
| $1.06B | 1.08% | 17,383,383 +5,420,714 | +45% | +$329M |
|
35
NetApp
NTAP
$22.6B
| $1.03B | 1.05% | 27,880,903 +3,177,000 | +13% | +$117M |
|
|
36
NOV
NOV
$4.94B
| $1.02B | 1.04% | +13,104,983 | New | +$1.02B |
|
|
DISH
37
DELISTED
DISH Network Corp.
DISH
| $941M | 0.96% | 15,122,069 -52,200 | -0.3% | -$3.25M |
|
38
Aegon
AEG
$12.3B
| $929M | 0.95% | 100,979,636 +158,293 | +0.2% | +$1.46M |
|
39
Celanese
CE
$5.22B
| $888M | 0.91% | 16,002,670 +163,000 | +1% | +$9.05M |
|
|
ESRX
40
DELISTED
Express Scripts Holding Company
ESRX
| $870M | 0.89% | 11,586,300 +5,976,595 | +107% | +$449M |
|
|
ADT
41
DELISTED
ADT CORP
ADT
| $843M | 0.86% | 28,133,204 +124,636 | +0.4% | +$3.73M |
|
42
DuPont de Nemours
DD
$32.2B
| $831M | 0.85% | 17,094,039 -341,685 | -2% | -$16.6M |
|
43
Synopsys
SNPS
$112B
| $825M | 0.84% | 21,472,811 +815,398 | +4% | +$31.3M |
|
|
RDS.A
44
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $817M | 0.84% | 11,185,303 +108,590 | +1% | +$7.93M |
|
45
Tapestry
TPR
$21.2B
| $798M | 0.82% | 16,061,130 +959,927 | +6% | +$47.7M |
|
46
MetLife
MET
$54.1B
| $772M | 0.79% | 14,624,950 +2,883 | +0% | +$152K |
|
47
Truist Financial
TFC
$60.4B
| $712M | 0.73% | 17,712,405 -105,193 | -0.6% | -$4.23M |
|
48
Televisa
TV
$1.49B
| $692M | 0.71% | 20,797,092 -509,700 | -2% | -$17M |
|
|
STI
49
DELISTED
SunTrust Banks, Inc.
STI
| $673M | 0.69% | 16,907,446 +21,467 | +0.1% | +$854K |
|
|
QVCGA
50
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $671M | 0.69% | 23,246,686 -113,967 | -0.5% | -$3.29M |
|