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 |
Booking.com
BKNG
|
$784M |
| 2 |
EMC
EMC CORPORATION
EMC
|
$737M |
| 3 |
Petrobras Class A
PBR.A
|
$470M |
| 4 |
Cisco
CSCO
|
$424M |
| 5 |
HP
HPQ
|
$369M |
Top Sells
| 1 |
AOL
AOL INC COMMON STOCK
AOL
|
$464M |
| 2 |
GSK
GSK
|
$456M |
| 3 |
CarMax
KMX
|
$404M |
| 4 |
Bank of New York Mellon
BK
|
$371M |
| 5 |
Nokia
NOK
|
$232M |
Sector Composition
| 1 | Financials | 22.33% |
| 2 | Technology | 19.62% |
| 3 | Healthcare | 16.6% |
| 4 | Communication Services | 16.32% |
| 5 | Energy | 11.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Cigna
CI
$80.3B
| $1.66B | 1.5% | 10,245,758 -69,450 | -0.7% | -$11.3M |
|
|
TYC
27
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $1.64B | 1.48% | 42,636,266 +216,122 | +0.5% | +$8.32M |
|
28
MetLife
MET
$54.1B
| $1.57B | 1.41% | 27,953,771 +67,376 | +0.2% | +$3.77M |
|
29
Pfizer
PFE
$141B
| $1.52B | 1.37% | 45,234,031 -1,542,928 | -3% | -$51.7M |
|
|
TFCFA
30
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $1.49B | 1.34% | 45,777,056 -260,096 | -0.6% | -$8.46M |
|
31
eBay
EBAY
$41.4B
| $1.47B | 1.33% | 24,441,634 -2,264,709 | -8% | -$136M |
|
32
Merck
MRK
$210B
| $1.41B | 1.27% | 24,680,781 -768,196 | -3% | -$43.7M |
|
33
Target
TGT
$43.6B
| $1.39B | 1.25% | 16,982,144 -1,013,512 | -6% | -$82.7M |
|
34
Baidu
BIDU
$32.8B
| $1.33B | 1.2% | 6,681,087 +891,000 | +15% | +$177M |
|
|
35
Cisco
CSCO
$274B
| $1.21B | 1.09% | 44,090,378 +15,434,400 | +54% | +$424M |
|
36
NetApp
NTAP
$22.6B
| $1.11B | 1% | 35,231,683 +283,947 | +0.8% | +$8.96M |
|
37
Chevron
CVX
$324B
| $1.1B | 0.99% | 11,392,606 -1,339,017 | -11% | -$129M |
|
|
38
Petrobras Class A
PBR.A
$73.9B
| $1.08B | 0.97% | 132,159,103 +57,581,103 | +77% | +$470M |
|
39
Celanese
CE
$5.22B
| $1.03B | 0.93% | 14,348,052 -1,291,079 | -8% | -$92.8M |
|
40
Truist Financial
TFC
$60.4B
| $1.03B | 0.93% | 25,543,152 -1,347,151 | -5% | -$54.3M |
|
41
Synopsys
SNPS
$112B
| $1B | 0.9% | 19,771,373 -1,451,350 | -7% | -$73.5M |
|
42
Liberty Global Class C
LBTYK
$4.07B
| $988M | 0.89% | 19,515,347 +1,738,700 | +10% | +$88M |
|
43
Televisa
TV
$1.49B
| $950M | 0.86% | 24,474,592 +1,530,670 | +7% | +$59.4M |
|
44
NOV
NOV
$4.94B
| $926M | 0.83% | 19,173,522 +4,601,171 | +32% | +$222M |
|
|
WFT
45
DELISTED
Weatherford International plc
WFT
| $922M | 0.83% | 75,106,777 +179,500 | +0.2% | +$2.2M |
|
46
Corning
GLW
$57.4B
| $916M | 0.83% | 46,425,266 -9,396,109 | -17% | -$185M |
|
|
ADT
47
DELISTED
ADT CORP
ADT
| $904M | 0.82% | 26,933,165 -480,849 | -2% | -$16.1M |
|
48
GE Aerospace
GE
$292B
| $885M | 0.8% | 33,290,375 -4,742,497 | -12% | -$126M |
|
|
MXIM
49
DELISTED
Maxim Integrated Products
MXIM
| $869M | 0.78% | 25,125,299 +262,172 | +1% | +$9.06M |
|
50
Danaher
DHR
$147B
| $857M | 0.77% | 10,009,951 -714,550 | -7% | -$61.2M |
|