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 |
RTX Corp
RTX
|
$1.31B |
| 2 |
Linde
LIN
|
$1.29B |
| 3 |
Occidental Petroleum
OXY
|
$1.11B |
| 4 |
Cigna
CI
|
$823M |
| 5 |
Microchip Technology
MCHP
|
$603M |
Top Sells
| 1 |
ESRX
Express Scripts Holding Company
ESRX
|
$3.79B |
| 2 |
Medtronic
MDT
|
$1.06B |
| 3 |
Eli Lilly
LLY
|
$832M |
| 4 |
Union Pacific
UNP
|
$803M |
| 5 |
Novartis
NVS
|
$649M |
Sector Composition
| 1 | Financials | 24.52% |
| 2 | Healthcare | 19.64% |
| 3 | Communication Services | 16.37% |
| 4 | Technology | 12.94% |
| 5 | Energy | 7.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Eli Lilly
LLY
$657B
| $1.79B | 1.64% | 15,500,895 -7,192,076 | -32% | -$832M |
|
27
Goldman Sachs
GS
$226B
| $1.78B | 1.63% | 10,671,637 +542,404 | +5% | +$90.6M |
|
|
28
Occidental Petroleum
OXY
$46.9B
| $1.72B | 1.57% | 27,982,415 +18,094,520 | +183% | +$1.11B |
|
29
HP
HPQ
$26.7B
| $1.65B | 1.51% | 80,636,601 -1,107,385 | -1% | -$22.7M |
|
30
UBS Group
UBS
$128B
| $1.61B | 1.47% | 128,752,027 +23,219,757 | +22% | +$290M |
|
31
UnitedHealth
UNH
$281B
| $1.58B | 1.45% | 6,345,642 -101,926 | -2% | -$25.4M |
|
32
Schlumberger
SLB
$55B
| $1.49B | 1.37% | 41,434,313 +16,008 | +0% | +$578K |
|
33
Cisco
CSCO
$274B
| $1.39B | 1.27% | 32,027,260 -3,360,608 | -9% | -$146M |
|
34
APA Corp
APA
$8.31B
| $1.38B | 1.26% | 52,383,637 +12,781,961 | +32% | +$336M |
|
|
35
Microchip Technology
MCHP
$35.1B
| $1.36B | 1.24% | 18,879,583 +8,389,482 | +80% | +$603M |
|
|
36
RTX Corp
RTX
$212B
| $1.31B | 1.2% | 12,298,300 +12,296,100 | +558,914% | +$1.31B |
|
|
37
Linde
LIN
$224B
| $1.29B | 1.18% | +8,101,094 | New | +$1.29B |
|
38
Baker Hughes
BKR
$44.8B
| $1.18B | 1.08% | 54,838,110 +15,184,574 | +38% | +$326M |
|
|
JNPR
39
DELISTED
Juniper Networks
JNPR
| $1.12B | 1.03% | 41,653,207 +66,750 | +0.2% | +$1.8M |
|
|
QVCGA
40
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $1.05B | 0.97% | 54,022,174 +1,449,825 | +3% | +$28.3M |
|
41
CVS Health
CVS
$92.8B
| $1.05B | 0.96% | 16,048,889 +923,203 | +6% | +$60.5M |
|
42
Gilead Sciences
GILD
$140B
| $1.03B | 0.95% | 16,520,430 +70,249 | +0.4% | +$4.39M |
|
43
Celanese
CE
$5.22B
| $965M | 0.88% | 10,727,345 +476,295 | +5% | +$42.9M |
|
44
Suncor Energy
SU
$50.1B
| $919M | 0.84% | 32,870,100 +256,567 | +0.8% | +$7.18M |
|
45
Liberty Global Class C
LBTYK
$4.07B
| $839M | 0.77% | 40,662,805 +295,670 | +0.7% | +$6.1M |
|
46
JD.com
JD
$44.1B
| $817M | 0.75% | 39,052,431 +7,065,659 | +22% | +$148M |
|
47
Baidu
BIDU
$32.8B
| $784M | 0.72% | 4,940,187 +1,118,274 | +29% | +$177M |
|
48
Truist Financial
TFC
$60.4B
| $743M | 0.68% | 17,159,548 -530,200 | -3% | -$23M |
|
49
Halliburton
HAL
$19.4B
| $702M | 0.64% | 26,423,375 +19,688,408 | +292% | +$523M |
|
50
Televisa
TV
$1.49B
| $691M | 0.63% | 54,942,120 +1,135,567 | +2% | +$14.3M |
|