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 |
Alphabet (Google) Class C
GOOG
|
$1.45B |
| 2 |
Target
TGT
|
$977M |
| 3 |
Walmart
WMT
|
$714M |
| 4 |
EMC
EMC CORPORATION
EMC
|
$543M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
$436M |
Top Sells
| 1 |
GE Aerospace
GE
|
$521M |
| 2 |
Schlumberger
SLB
|
$458M |
| 3 |
Pfizer
PFE
|
$452M |
| 4 |
FRX
FOREST LABORATORIES INC
FRX
|
$381M |
| 5 |
DuPont de Nemours
DD
|
$337M |
Sector Composition
| 1 | Financials | 20.98% |
| 2 | Technology | 20.42% |
| 3 | Healthcare | 17.61% |
| 4 | Communication Services | 14.02% |
| 5 | Energy | 12.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Pfizer
PFE
$141B
| $1.45B | 1.38% | 48,902,097 -15,218,920 | -24% | -$452M |
|
27
Chevron
CVX
$324B
| $1.43B | 1.36% | 10,951,777 -94,035 | -0.9% | -$12.3M |
|
|
TYC
28
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $1.37B | 1.31% | 30,035,546 +914,750 | +3% | +$41.7M |
|
29
UnitedHealth
UNH
$281B
| $1.35B | 1.29% | 16,538,560 +3,460,024 | +26% | +$283M |
|
|
BHI
30
DELISTED
Baker Hughes
BHI
| $1.29B | 1.23% | 17,263,375 -283,528 | -2% | -$21.1M |
|
31
Corning
GLW
$57.4B
| $1.27B | 1.21% | 57,842,418 -154,450 | -0.3% | -$3.39M |
|
|
ESRX
32
DELISTED
Express Scripts Holding Company
ESRX
| $1.24B | 1.18% | 17,874,930 +6,288,630 | +54% | +$436M |
|
33
eBay
EBAY
$41.4B
| $1.17B | 1.11% | 23,344,404 +2,887,600 | +14% | +$145M |
|
34
JPMorgan Chase
JPM
$829B
| $1.15B | 1.1% | 20,025,733 +2,642,350 | +15% | +$152M |
|
35
NOV
NOV
$4.94B
| $1.14B | 1.08% | 13,783,733 +678,750 | +5% | +$55.9M |
|
36
NetApp
NTAP
$22.6B
| $1.09B | 1.04% | 29,735,353 +1,854,450 | +7% | +$67.7M |
|
37
Nokia
NOK
$23.1B
| $1.07B | 1.02% | 141,935,671 -3,190,300 | -2% | -$24.1M |
|
|
EMC
38
DELISTED
EMC CORPORATION
EMC
| $1.04B | 0.99% | 39,519,400 +20,600,550 | +109% | +$543M |
|
39
Celanese
CE
$5.22B
| $1.01B | 0.97% | 15,773,420 -229,250 | -1% | -$14.7M |
|
|
40
Target
TGT
$43.6B
| $988M | 0.94% | 17,046,272 +16,852,250 | +8,686% | +$977M |
|
|
ADT
41
DELISTED
ADT CORP
ADT
| $977M | 0.93% | 27,976,177 -157,027 | -0.6% | -$5.49M |
|
|
RDS.A
42
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $932M | 0.89% | 11,309,551 +124,248 | +1% | +$10.2M |
|
43
Aegon
AEG
$12.3B
| $896M | 0.85% | 102,173,340 +1,193,704 | +1% | +$10.5M |
|
44
Synopsys
SNPS
$112B
| $835M | 0.8% | 21,519,511 +46,700 | +0.2% | +$1.81M |
|
45
MetLife
MET
$54.1B
| $811M | 0.77% | 14,605,150 -19,800 | -0.1% | -$1.1M |
|
46
Baidu
BIDU
$32.8B
| $746M | 0.71% | 3,995,787 +583,300 | +17% | +$109M |
|
47
Petrobras Class A
PBR.A
$73.9B
| $735M | 0.7% | 46,996,900 -402,900 | -0.9% | -$6.3M |
|
48
Televisa
TV
$1.49B
| $717M | 0.68% | 20,904,792 +107,700 | +0.5% | +$3.7M |
|
|
DISH
49
DELISTED
DISH Network Corp.
DISH
| $714M | 0.68% | 10,964,269 -4,157,800 | -27% | -$271M |
|
|
QVCGA
50
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $680M | 0.65% | 23,176,986 -69,700 | -0.3% | -$2.05M |
|