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 |
AT&T
T
|
$1.46B |
| 2 |
Comcast
CMCSA
|
$992M |
| 3 |
Charter Communications
CHTR
|
$529M |
| 4 |
ESRX
Express Scripts Holding Company
ESRX
|
$501M |
| 5 |
Altice USA
ATUS
|
$480M |
Top Sells
| 1 |
TWX
Time Warner Inc
TWX
|
$2.98B |
| 2 |
Merck
MRK
|
$636M |
| 3 |
Hewlett Packard
HPE
|
$544M |
| 4 |
MXIM
Maxim Integrated Products
MXIM
|
$456M |
| 5 |
Cisco
CSCO
|
$452M |
Sector Composition
| 1 | Financials | 23.81% |
| 2 | Healthcare | 19.47% |
| 3 | Communication Services | 17.6% |
| 4 | Technology | 13% |
| 5 | Energy | 7.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
HP
HPQ
$26.7B
| $1.87B | 1.49% | 82,414,733 -342,576 | -0.4% | -$7.77M |
|
27
AstraZeneca
AZN
$248B
| $1.85B | 1.48% | 52,774,809 -1,755,370 | -3% | -$61.6M |
|
28
APA Corp
APA
$8.31B
| $1.83B | 1.46% | 39,185,826 +2,206,829 | +6% | +$103M |
|
29
Bristol-Myers Squibb
BMY
$96B
| $1.81B | 1.45% | 32,705,086 +4,887,475 | +18% | +$270M |
|
30
Cigna
CI
$80.3B
| $1.77B | 1.41% | 10,407,762 +6,740 | +0.1% | +$1.15M |
|
31
UnitedHealth
UNH
$281B
| $1.76B | 1.41% | 7,185,453 -221,519 | -3% | -$54.3M |
|
|
32
Cisco
CSCO
$274B
| $1.71B | 1.37% | 39,797,938 -10,503,020 | -21% | -$452M |
|
33
Medtronic
MDT
$119B
| $1.6B | 1.28% | 18,738,182 +16,550 | +0.1% | +$1.42M |
|
|
34
AT&T
T
$209B
| $1.46B | 1.17% | +45,523,710 | New | +$1.46B |
|
35
Union Pacific
UNP
$133B
| $1.44B | 1.15% | 10,136,876 -3,080,583 | -23% | -$436M |
|
36
Suncor Energy
SU
$50.1B
| $1.43B | 1.14% | 35,184,100 -5,725,400 | -14% | -$233M |
|
37
Booking.com
BKNG
$181B
| $1.4B | 1.11% | 688,382 -42,648 | -6% | -$86.5M |
|
38
NOV
NOV
$4.94B
| $1.36B | 1.09% | 31,451,264 -994,600 | -3% | -$43.2M |
|
39
Dell
DELL
$82.6B
| $1.34B | 1.07% | 15,809,632 +1,598,196 | +11% | +$135M |
|
40
Baker Hughes
BKR
$44.8B
| $1.26B | 1% | 38,046,639 +986,686 | +3% | +$32.6M |
|
41
Gilead Sciences
GILD
$140B
| $1.15B | 0.92% | 16,259,811 +814,350 | +5% | +$57.7M |
|
42
Celanese
CE
$5.22B
| $1.14B | 0.91% | 10,307,650 -371,750 | -3% | -$41.3M |
|
43
Televisa
TV
$1.49B
| $1.1B | 0.88% | 57,915,461 +478,800 | +0.8% | +$9.07M |
|
|
JNPR
44
DELISTED
Juniper Networks
JNPR
| $1.09B | 0.87% | 39,652,757 +599,600 | +2% | +$16.4M |
|
45
Liberty Global Class C
LBTYK
$4.07B
| $1.08B | 0.86% | 40,492,754 +2,053,149 | +5% | +$54.6M |
|
46
JD.com
JD
$44.1B
| $1.04B | 0.83% | 26,604,692 +5,010,700 | +23% | +$195M |
|
47
Target
TGT
$43.6B
| $1.01B | 0.81% | 13,276,150 -494,490 | -4% | -$37.6M |
|
|
ZAYO
48
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $910M | 0.73% | 24,948,385 +90,350 | +0.4% | +$3.3M |
|
49
Truist Financial
TFC
$60.4B
| $901M | 0.72% | 17,863,648 -1,054,150 | -6% | -$53.2M |
|
|
S
50
DELISTED
Sprint Corporation
S
| $901M | 0.72% | 165,590,616 -11,814 | -0% | -$64.3K |
|