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 |
Comcast
CMCSA
|
$1.4B |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
$502M |
| 3 |
Suncor Energy
SU
|
$412M |
| 4 |
Novartis
NVS
|
$361M |
| 5 |
Bristol-Myers Squibb
BMY
|
$358M |
Top Sells
| 1 |
HP
HPQ
|
$387M |
| 2 |
NetApp
NTAP
|
$349M |
| 3 |
Schlumberger
SLB
|
$338M |
| 4 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
$311M |
| 5 |
Adient
ADNT
|
$232M |
Sector Composition
| 1 | Financials | 25.31% |
| 2 | Communication Services | 16.9% |
| 3 | Healthcare | 16.28% |
| 4 | Technology | 15.69% |
| 5 | Energy | 8.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
AstraZeneca
AZN
$248B
| $1.77B | 1.51% | 56,906,499 +7,292,911 | +15% | +$227M |
|
27
UnitedHealth
UNH
$281B
| $1.66B | 1.41% | 10,142,183 -221,228 | -2% | -$36.3M |
|
|
28
Bristol-Myers Squibb
BMY
$96B
| $1.58B | 1.35% | 29,120,190 +6,587,429 | +29% | +$358M |
|
29
Walmart
WMT
$774B
| $1.54B | 1.31% | 21,385,083 -373,043 | -2% | -$26.9M |
|
|
S
30
DELISTED
Sprint Corporation
S
| $1.52B | 1.29% | 175,436,817 -2,356,789 | -1% | -$20.5M |
|
31
APA Corp
APA
$8.31B
| $1.48B | 1.26% | 28,770,336 -125,759 | -0.4% | -$6.46M |
|
32
Booking.com
BKNG
$181B
| $1.46B | 1.24% | 818,803 +18,597 | +2% | +$33.1M |
|
|
BHI
33
DELISTED
Baker Hughes
BHI
| $1.45B | 1.23% | 24,237,769 -1,429,394 | -6% | -$85.5M |
|
34
Union Pacific
UNP
$133B
| $1.45B | 1.23% | 13,648,408 -363,257 | -3% | -$38.5M |
|
|
APC
35
DELISTED
Anadarko Petroleum
APC
| $1.42B | 1.2% | 22,828,608 -68,388 | -0.3% | -$4.24M |
|
36
Johnson Controls International
JCI
$69.9B
| $1.33B | 1.13% | 31,531,650 -293,057 | -0.9% | -$12.3M |
|
37
JD.com
JD
$44.1B
| $1.27B | 1.08% | 40,809,636 -527,300 | -1% | -$16.4M |
|
38
NOV
NOV
$4.94B
| $1.26B | 1.07% | 31,342,539 +48,555 | +0.2% | +$1.95M |
|
39
Celanese
CE
$5.22B
| $1.16B | 0.98% | 12,891,355 -421,473 | -3% | -$37.9M |
|
40
Petrobras Class A
PBR.A
$73.9B
| $1.14B | 0.97% | 124,024,903 +365,700 | +0.3% | +$3.37M |
|
|
41
Suncor Energy
SU
$50.1B
| $1.05B | 0.89% | 34,233,900 +13,389,600 | +64% | +$412M |
|
|
DISH
42
DELISTED
DISH Network Corp.
DISH
| $1.03B | 0.87% | 16,213,580 -51,600 | -0.3% | -$3.28M |
|
43
Liberty Global Class C
LBTYK
$4.07B
| $1.01B | 0.86% | 28,750,747 -8,700 | -0% | -$305K |
|
44
Televisa
TV
$1.49B
| $986M | 0.84% | 38,021,317 +1,550,325 | +4% | +$40.2M |
|
45
Medtronic
MDT
$119B
| $984M | 0.84% | 12,212,276 +1,523,651 | +14% | +$123M |
|
46
Baidu
BIDU
$32.8B
| $977M | 0.83% | 5,665,387 -10,600 | -0.2% | -$1.83M |
|
47
Truist Financial
TFC
$60.4B
| $939M | 0.8% | 21,005,769 -196,798 | -0.9% | -$8.8M |
|
48
Merck
MRK
$210B
| $870M | 0.74% | 13,689,174 -257,968 | -2% | -$16.4M |
|
|
VMW
49
DELISTED
VMware, Inc
VMW
| $851M | 0.72% | 9,235,371 -239,107 | -3% | -$22M |
|
|
MXIM
50
DELISTED
Maxim Integrated Products
MXIM
| $846M | 0.72% | 18,815,873 -331,868 | -2% | -$14.9M |
|