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 |
Bristol-Myers Squibb
BMY
|
$1.31B |
| 2 |
ZAYO
Zayo Group Holdings, Inc.
ZAYO
|
$479M |
| 3 |
Sanofi
SNY
|
$374M |
| 4 |
Medtronic
MDT
|
$364M |
| 5 |
Wells Fargo
WFC
|
$236M |
Top Sells
| 1 |
Bank of America
BAC
|
$883M |
| 2 |
Gen Digital
GEN
|
$749M |
| 3 |
UnitedHealth
UNH
|
$530M |
| 4 |
BHI
Baker Hughes
BHI
|
$492M |
| 5 |
HP
HPQ
|
$437M |
Sector Composition
| 1 | Financials | 26.66% |
| 2 | Communication Services | 16.03% |
| 3 | Technology | 15.63% |
| 4 | Healthcare | 14.79% |
| 5 | Energy | 9.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
BHI
26
DELISTED
Baker Hughes
BHI
| $1.67B | 1.48% |
25,667,163
-7,576,379
| -23% | -$492M |
|
|
27
UnitedHealth
UNH
$281B
| $1.66B | 1.47% |
10,363,411
-3,314,280
| -24% | -$530M |
|
|
APC
28
DELISTED
Anadarko Petroleum
APC
| $1.6B | 1.42% |
22,896,996
-39,302
| -0.2% | -$2.74M |
|
29
Walmart
WMT
$774B
| $1.5B | 1.34% |
21,758,126
-1,135,832
| -5% | -$78.5M |
|
|
S
30
DELISTED
Sprint Corporation
S
| $1.5B | 1.33% |
177,793,606
-3,559,488
| -2% | -$30M |
|
|
ESRX
31
DELISTED
Express Scripts Holding Company
ESRX
| $1.46B | 1.29% |
21,178,220
-232,149
| -1% | -$16M |
|
32
Union Pacific
UNP
$133B
| $1.45B | 1.29% |
14,011,665
-398,474
| -3% | -$41.3M |
|
33
AstraZeneca
AZN
$248B
| $1.36B | 1.2% |
49,613,588
+7,423,615
| +18% | +$203M |
|
|
34
Bristol-Myers Squibb
BMY
$96B
| $1.32B | 1.17% |
22,532,761
+22,460,803
| +31,214% | +$1.31B |
|
35
Johnson Controls International
JCI
$69.9B
| $1.31B | 1.16% |
31,824,707
-1,154,847
| -4% | -$47.6M |
|
36
Booking.com
BKNG
$181B
| $1.17B | 1.04% |
800,206
-7,152
| -0.9% | -$10.5M |
|
37
NOV
NOV
$4.94B
| $1.17B | 1.04% |
31,293,984
-260,504
| -0.8% | -$9.75M |
|
38
Petrobras Class A
PBR.A
$73.9B
| $1.09B | 0.97% |
123,659,203
-2,346,600
| -2% | -$20.7M |
|
39
JD.com
JD
$44.1B
| $1.05B | 0.93% |
41,336,936
-2,519,000
| -6% | -$64.1M |
|
40
Celanese
CE
$5.22B
| $1.05B | 0.93% |
13,312,828
-272,981
| -2% | -$21.5M |
|
41
Truist Financial
TFC
$60.4B
| $997M | 0.89% |
21,202,567
-2,802,936
| -12% | -$132M |
|
|
DISH
42
DELISTED
DISH Network Corp.
DISH
| $942M | 0.84% |
16,265,180
+2,298,061
| +16% | +$133M |
|
43
Baidu
BIDU
$32.8B
| $933M | 0.83% |
5,675,987
+51,100
| +0.9% | +$8.4M |
|
44
Liberty Global Class C
LBTYK
$4.07B
| $854M | 0.76% |
28,759,447
+1,795,400
| +7% | +$53.3M |
|
45
Merck
MRK
$210B
| $821M | 0.73% |
13,947,142
-4,380,169
| -24% | -$258M |
|
46
NetApp
NTAP
$22.6B
| $812M | 0.72% |
23,029,321
-10,535,726
| -31% | -$372M |
|
47
Target
TGT
$43.6B
| $788M | 0.7% |
10,912,881
-559,629
| -5% | -$40.4M |
|
48
Televisa
TV
$1.49B
| $762M | 0.68% |
36,470,992
+3,564,600
| +11% | +$74.5M |
|
|
49
Medtronic
MDT
$119B
| $761M | 0.68% |
10,688,625
+5,103,767
| +91% | +$364M |
|
50
Corning
GLW
$57.4B
| $759M | 0.67% |
31,284,689
-5,181,578
| -14% | -$126M |
|