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 |
UBS Group
UBS
|
$1.67B |
| 2 |
CVS Health
CVS
|
$1.19B |
| 3 |
Booking.com
BKNG
|
$839M |
| 4 |
Microchip Technology
MCHP
|
$828M |
| 5 |
FedEx
FDX
|
$497M |
Top Sells
| 1 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$923M |
| 2 |
Bank of America
BAC
|
$567M |
| 3 |
AT&T
T
|
$560M |
| 4 |
VMW
VMware, Inc
VMW
|
$490M |
| 5 |
Capital One
COF
|
$489M |
Sector Composition
| 1 | Financials | 23.48% |
| 2 | Healthcare | 21.17% |
| 3 | Communication Services | 16.32% |
| 4 | Technology | 13.69% |
| 5 | Energy | 7.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Bristol-Myers Squibb
BMY
$96B
| $2.05B | 1.57% | 32,969,186 +264,100 | +0.8% | +$16.4M |
|
27
AstraZeneca
AZN
$248B
| $2.02B | 1.55% | 51,140,309 -1,634,500 | -3% | -$64.7M |
|
28
TE Connectivity
TEL
$61B
| $1.95B | 1.49% | 22,211,855 -100,244 | -0.4% | -$8.81M |
|
29
GSK
GSK
$79.9B
| $1.93B | 1.48% | 48,004,737 -153,600 | -0.3% | -$6.17M |
|
30
APA Corp
APA
$8.31B
| $1.89B | 1.44% | 39,601,676 +415,850 | +1% | +$19.8M |
|
31
Cigna
CI
$80.3B
| $1.85B | 1.42% | 8,897,427 -1,510,335 | -15% | -$315M |
|
32
Medtronic
MDT
$119B
| $1.74B | 1.33% | 17,662,282 -1,075,900 | -6% | -$106M |
|
33
Cisco
CSCO
$274B
| $1.72B | 1.32% | 35,387,868 -4,410,070 | -11% | -$215M |
|
34
UnitedHealth
UNH
$281B
| $1.72B | 1.31% | 6,447,568 -737,885 | -10% | -$196M |
|
|
35
UBS Group
UBS
$128B
| $1.67B | 1.28% | +105,532,270 | New | +$1.67B |
|
36
Union Pacific
UNP
$133B
| $1.64B | 1.25% | 10,054,574 -82,302 | -0.8% | -$13.4M |
|
37
Dell
DELL
$82.6B
| $1.55B | 1.19% | 16,005,353 +195,721 | +1% | +$19M |
|
38
Baker Hughes
BKR
$44.8B
| $1.34B | 1.03% | 39,653,536 +1,606,897 | +4% | +$54.4M |
|
39
Gilead Sciences
GILD
$140B
| $1.27B | 0.97% | 16,450,181 +190,370 | +1% | +$14.7M |
|
40
Suncor Energy
SU
$50.1B
| $1.26B | 0.97% | 32,613,533 -2,570,567 | -7% | -$99.5M |
|
|
JNPR
41
DELISTED
Juniper Networks
JNPR
| $1.25B | 0.95% | 41,586,457 +1,933,700 | +5% | +$58M |
|
|
42
CVS Health
CVS
$92.8B
| $1.19B | 0.91% | +15,125,686 | New | +$1.19B |
|
43
Celanese
CE
$5.22B
| $1.17B | 0.89% | 10,251,050 -56,600 | -0.5% | -$6.45M |
|
|
QVCGA
44
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $1.17B | 0.89% | 52,572,349 +13,722,089 | +35% | +$305M |
|
45
NOV
NOV
$4.94B
| $1.15B | 0.88% | 26,668,555 -4,782,709 | -15% | -$206M |
|
46
Liberty Global Class C
LBTYK
$4.07B
| $1.14B | 0.87% | 40,367,135 -125,619 | -0.3% | -$3.54M |
|
|
S
47
DELISTED
Sprint Corporation
S
| $1.07B | 0.82% | 164,093,409 -1,497,207 | -0.9% | -$9.79M |
|
|
MFGP
48
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $992M | 0.76% | 53,699,061 +6,581,169 | +14% | +$122M |
|
|
49
AT&T
T
$209B
| $968M | 0.74% | 28,834,447 -16,689,263 | -37% | -$560M |
|
50
Televisa
TV
$1.49B
| $955M | 0.73% | 53,806,553 -4,108,908 | -7% | -$72.9M |
|