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 |
eBay
EBAY
|
$730M |
| 2 |
Cigna
CI
|
$387M |
| 3 |
Liberty Global Class A
LBTYA
|
$364M |
| 4 |
Walmart
WMT
|
$208M |
| 5 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
$207M |
Top Sells
| 1 |
GSK
GSK
|
$995M |
| 2 |
Nokia
NOK
|
$590M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
$525M |
| 4 |
HP
HPQ
|
$474M |
| 5 |
DuPont de Nemours
DD
|
$251M |
Sector Composition
| 1 | Financials | 21.16% |
| 2 | Technology | 20.44% |
| 3 | Healthcare | 16.97% |
| 4 | Communication Services | 14.78% |
| 5 | Energy | 11.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
TYC
26
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $1.55B | 1.48% | 34,684,929 +4,649,383 | +15% | +$207M |
|
|
WFT
27
DELISTED
Weatherford International plc
WFT
| $1.53B | 1.46% | 73,402,287 +532,610 | +0.7% | +$11.1M |
|
28
UnitedHealth
UNH
$281B
| $1.46B | 1.39% | 16,907,750 +369,190 | +2% | +$31.8M |
|
29
Pfizer
PFE
$141B
| $1.41B | 1.35% | 47,604,980 -1,297,117 | -3% | -$38.4M |
|
30
NetApp
NTAP
$22.6B
| $1.39B | 1.33% | 32,421,740 +2,686,387 | +9% | +$115M |
|
|
ESRX
31
DELISTED
Express Scripts Holding Company
ESRX
| $1.3B | 1.25% | 18,469,695 +594,765 | +3% | +$42M |
|
32
Chevron
CVX
$324B
| $1.29B | 1.24% | 10,852,313 -99,464 | -0.9% | -$11.9M |
|
33
JPMorgan Chase
JPM
$829B
| $1.21B | 1.15% | 20,016,864 -8,869 | -0% | -$534K |
|
|
EMC
34
DELISTED
EMC CORPORATION
EMC
| $1.19B | 1.14% | 40,593,700 +1,074,300 | +3% | +$31.4M |
|
|
BHI
35
DELISTED
Baker Hughes
BHI
| $1.13B | 1.08% | 17,379,520 +116,145 | +0.7% | +$7.56M |
|
36
Corning
GLW
$57.4B
| $1.12B | 1.07% | 57,660,438 -181,980 | -0.3% | -$3.52M |
|
37
Target
TGT
$43.6B
| $1.11B | 1.06% | 17,758,389 +712,117 | +4% | +$44.6M |
|
38
NOV
NOV
$4.94B
| $1.06B | 1.02% | 13,989,033 +205,300 | +1% | +$15.6M |
|
|
ADT
39
DELISTED
ADT CORP
ADT
| $988M | 0.94% | 27,853,069 -123,108 | -0.4% | -$4.37M |
|
|
40
Cigna
CI
$80.3B
| $936M | 0.9% | 10,321,737 +4,272,350 | +71% | +$387M |
|
41
Celanese
CE
$5.22B
| $917M | 0.88% | 15,676,536 -96,884 | -0.6% | -$5.67M |
|
|
RDS.A
42
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $898M | 0.86% | 11,792,375 +482,824 | +4% | +$36.8M |
|
43
Baidu
BIDU
$32.8B
| $865M | 0.83% | 3,964,487 -31,300 | -0.8% | -$6.83M |
|
44
Synopsys
SNPS
$112B
| $854M | 0.82% | 21,508,411 -11,100 | -0.1% | -$441K |
|
45
Aegon
AEG
$12.3B
| $850M | 0.81% | 103,404,597 +1,231,257 | +1% | +$10.1M |
|
46
MetLife
MET
$54.1B
| $794M | 0.76% | 14,784,950 +179,800 | +1% | +$9.66M |
|
|
DISH
47
DELISTED
DISH Network Corp.
DISH
| $755M | 0.72% | 11,689,719 +725,450 | +7% | +$46.8M |
|
|
MXIM
48
DELISTED
Maxim Integrated Products
MXIM
| $717M | 0.69% | 23,726,730 +4,255,550 | +22% | +$129M |
|
49
Televisa
TV
$1.49B
| $709M | 0.68% | 20,920,622 +15,830 | +0.1% | +$536K |
|
|
QVCGA
50
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $652M | 0.62% | 22,872,051 -304,935 | -1% | -$8.7M |
|