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 |
Cisco
CSCO
|
$609M |
| 2 |
HP
HPQ
|
$601M |
| 3 |
UBS Group
UBS
|
$566M |
| 4 |
Harley-Davidson
HOG
|
$396M |
| 5 |
CXO
CONCHO RESOURCES INC.
CXO
|
$381M |
Top Sells
| 1 |
Chevron
CVX
|
$847M |
| 2 |
GSK
GSK
|
$472M |
| 3 |
STI
SunTrust Banks, Inc.
STI
|
$458M |
| 4 |
UnitedHealth
UNH
|
$420M |
| 5 |
Target
TGT
|
$368M |
Sector Composition
| 1 | Financials | 23.1% |
| 2 | Technology | 21.15% |
| 3 | Communication Services | 16.86% |
| 4 | Healthcare | 16.13% |
| 5 | Energy | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
UnitedHealth
UNH
$281B
| $1.48B | 1.49% | 12,795,477 -3,619,640 | -22% | -$420M |
|
|
TYC
27
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $1.43B | 1.44% | 42,804,616 +168,350 | +0.4% | +$5.63M |
|
28
Pfizer
PFE
$141B
| $1.42B | 1.43% | 45,266,436 +32,405 | +0.1% | +$1.02M |
|
29
MetLife
MET
$54.1B
| $1.33B | 1.33% | 28,125,231 +171,460 | +0.6% | +$8.08M |
|
|
TFCFA
30
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $1.26B | 1.27% | 46,664,136 +887,080 | +2% | +$23.9M |
|
31
Merck
MRK
$210B
| $1.21B | 1.22% | 24,585,258 -95,523 | -0.4% | -$4.72M |
|
32
Baidu
BIDU
$32.8B
| $1.13B | 1.13% | 8,192,887 +1,511,800 | +23% | +$208M |
|
33
NetApp
NTAP
$22.6B
| $1.09B | 1.09% | 36,761,933 +1,530,250 | +4% | +$45.3M |
|
34
APA Corp
APA
$8.31B
| $1.02B | 1.02% | 25,977,274 -4,036,539 | -13% | -$158M |
|
|
35
Target
TGT
$43.6B
| $968M | 0.97% | 12,306,404 -4,675,740 | -28% | -$368M |
|
36
Truist Financial
TFC
$60.4B
| $895M | 0.9% | 25,144,982 -398,170 | -2% | -$14.2M |
|
37
Liberty Global Class C
LBTYK
$4.07B
| $867M | 0.87% | 21,143,247 +1,627,900 | +8% | +$66.8M |
|
38
Booking.com
BKNG
$181B
| $833M | 0.84% | 673,615 -7,150 | -1% | -$8.84M |
|
39
Celanese
CE
$5.22B
| $833M | 0.84% | 14,079,079 -268,973 | -2% | -$15.9M |
|
40
Corning
GLW
$57.4B
| $817M | 0.82% | 47,702,466 +1,277,200 | +3% | +$21.9M |
|
41
NOV
NOV
$4.94B
| $816M | 0.82% | 21,682,683 +2,509,161 | +13% | +$94.5M |
|
|
ADT
42
DELISTED
ADT CORP
ADT
| $807M | 0.81% | 27,004,565 +71,400 | +0.3% | +$2.13M |
|
43
Synopsys
SNPS
$112B
| $797M | 0.8% | 17,258,273 -2,513,100 | -13% | -$116M |
|
|
MXIM
44
DELISTED
Maxim Integrated Products
MXIM
| $795M | 0.8% | 23,809,199 -1,316,100 | -5% | -$44M |
|
45
Danaher
DHR
$147B
| $792M | 0.8% | 9,296,558 -713,393 | -7% | -$60.8M |
|
46
GE Aerospace
GE
$292B
| $732M | 0.74% | 29,042,595 -4,247,780 | -13% | -$107M |
|
47
Televisa
TV
$1.49B
| $717M | 0.72% | 27,566,692 +3,092,100 | +13% | +$80.5M |
|
|
S
48
DELISTED
Sprint Corporation
S
| $713M | 0.72% | 185,675,129 +12,800,558 | +7% | +$49.2M |
|
|
DISH
49
DELISTED
DISH Network Corp.
DISH
| $673M | 0.68% | 11,535,480 +35,750 | +0.3% | +$2.09M |
|
50
Petrobras Class A
PBR.A
$73.9B
| $666M | 0.67% | 181,065,303 +48,906,200 | +37% | +$180M |
|