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 |
Johnson Controls International
JCI
|
$1.53B |
| 2 |
APC
Anadarko Petroleum
APC
|
$870M |
| 3 |
Suncor Energy
SU
|
$573M |
| 4 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$539M |
| 5 |
Dell
DELL
|
$517M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$2.07B |
| 2 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
$1.63B |
| 3 |
Gen Digital
GEN
|
$782M |
| 4 |
Petrobras Class A
PBR.A
|
$571M |
| 5 |
Microsoft
MSFT
|
$405M |
Sector Composition
| 1 | Financials | 23.56% |
| 2 | Technology | 18.06% |
| 3 | Communication Services | 16.63% |
| 4 | Healthcare | 14.37% |
| 5 | Energy | 10.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
BHI
26
DELISTED
Baker Hughes
BHI
| $1.68B | 1.58% | 33,243,542 -450,498 | -1% | -$22.7M |
|
|
TFCFA
27
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $1.68B | 1.57% | 69,186,779 +22,266,748 | +47% | +$539M |
|
28
Walmart
WMT
$774B
| $1.65B | 1.55% | 22,893,958 -5,334,465 | -19% | -$385M |
|
|
29
Johnson Controls International
JCI
$69.9B
| $1.53B | 1.44% | +32,979,554 | New | +$1.53B |
|
|
ESRX
30
DELISTED
Express Scripts Holding Company
ESRX
| $1.51B | 1.42% | 21,410,369 -281,044 | -1% | -$19.8M |
|
|
APC
31
DELISTED
Anadarko Petroleum
APC
| $1.45B | 1.37% | 22,936,298 +13,723,835 | +149% | +$870M |
|
32
Union Pacific
UNP
$133B
| $1.41B | 1.32% | 14,410,139 -778,810 | -5% | -$76M |
|
33
AstraZeneca
AZN
$248B
| $1.39B | 1.3% | 42,189,973 +9,657,250 | +30% | +$317M |
|
|
S
34
DELISTED
Sprint Corporation
S
| $1.2B | 1.13% | 181,353,094 -2,982,647 | -2% | -$19.8M |
|
35
NetApp
NTAP
$22.6B
| $1.2B | 1.13% | 33,565,047 -2,716,394 | -7% | -$97.3M |
|
36
Booking.com
BKNG
$181B
| $1.19B | 1.12% | 807,358 +132,580 | +20% | +$195M |
|
37
NOV
NOV
$4.94B
| $1.16B | 1.09% | 31,554,488 -326,982 | -1% | -$12M |
|
38
JD.com
JD
$44.1B
| $1.14B | 1.08% | 43,855,936 +4,524,700 | +12% | +$118M |
|
39
Merck
MRK
$210B
| $1.14B | 1.07% | 18,327,311 -6,045,503 | -25% | -$377M |
|
|
40
Petrobras Class A
PBR.A
$73.9B
| $1.05B | 0.98% | 126,005,803 -68,726,400 | -35% | -$571M |
|
41
Baidu
BIDU
$32.8B
| $1.02B | 0.96% | 5,624,887 +134,100 | +2% | +$24.4M |
|
|
42
Gen Digital
GEN
$18.6B
| $977M | 0.92% | 38,905,167 -31,136,858 | -44% | -$782M |
|
43
Truist Financial
TFC
$60.4B
| $905M | 0.85% | 24,005,503 -720,999 | -3% | -$27.2M |
|
44
Celanese
CE
$5.22B
| $904M | 0.85% | 13,585,809 +919,180 | +7% | +$61.2M |
|
45
Liberty Global Class C
LBTYK
$4.07B
| $891M | 0.84% | 26,964,047 -17,100 | -0.1% | -$565K |
|
46
Corning
GLW
$57.4B
| $862M | 0.81% | 36,466,267 -16,650,638 | -31% | -$394M |
|
|
VMW
47
DELISTED
VMware, Inc
VMW
| $856M | 0.8% | 11,670,085 -220,550 | -2% | -$16.2M |
|
48
Televisa
TV
$1.49B
| $845M | 0.79% | 32,906,392 +5,280,700 | +19% | +$136M |
|
49
Target
TGT
$43.6B
| $788M | 0.74% | 11,472,510 -284,495 | -2% | -$19.5M |
|
|
MXIM
50
DELISTED
Maxim Integrated Products
MXIM
| $776M | 0.73% | 19,437,788 -969,147 | -5% | -$38.7M |
|