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 |
FedEx
FDX
|
$647M |
| 2 |
Schlumberger
SLB
|
$554M |
| 3 |
TE Connectivity
TEL
|
$542M |
| 4 |
Fox Class A
FOXA
|
$487M |
| 5 |
RTX Corp
RTX
|
$392M |
Top Sells
| 1 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$2B |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$577M |
| 3 |
Altice USA
ATUS
|
$411M |
| 4 |
American Express
AXP
|
$248M |
| 5 |
Hewlett Packard
HPE
|
$212M |
Sector Composition
| 1 | Financials | 23.78% |
| 2 | Healthcare | 18.15% |
| 3 | Communication Services | 15.13% |
| 4 | Technology | 13.75% |
| 5 | Energy | 8.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
AstraZeneca
AZN
$248B
| $2B | 1.64% | 49,414,201 -102,200 | -0.2% | -$4.13M |
|
|
27
RTX Corp
RTX
$212B
| $1.98B | 1.62% | 15,336,800 +3,038,500 | +25% | +$392M |
|
28
MetLife
MET
$54.1B
| $1.98B | 1.62% | 46,429,183 +287,300 | +0.6% | +$12.2M |
|
29
APA Corp
APA
$8.31B
| $1.92B | 1.57% | 55,348,135 +2,964,498 | +6% | +$103M |
|
30
Eli Lilly
LLY
$657B
| $1.9B | 1.56% | 14,679,395 -821,500 | -5% | -$107M |
|
31
HP
HPQ
$26.7B
| $1.79B | 1.47% | 92,086,739 +11,450,138 | +14% | +$222M |
|
32
Cisco
CSCO
$274B
| $1.68B | 1.38% | 31,192,816 -834,444 | -3% | -$45.1M |
|
33
Baker Hughes
BKR
$44.8B
| $1.64B | 1.34% | 59,024,104 +4,185,994 | +8% | +$116M |
|
34
UBS Group
UBS
$128B
| $1.56B | 1.28% | 129,000,027 +248,000 | +0.2% | +$3.01M |
|
35
UnitedHealth
UNH
$281B
| $1.56B | 1.28% | 6,300,827 -44,815 | -0.7% | -$11.1M |
|
36
Microchip Technology
MCHP
$35.1B
| $1.55B | 1.27% | 18,684,483 -195,100 | -1% | -$16.2M |
|
37
Linde
LIN
$224B
| $1.37B | 1.12% | 7,822,194 -278,900 | -3% | -$48.8M |
|
|
JNPR
38
DELISTED
Juniper Networks
JNPR
| $1.18B | 0.97% | 44,593,857 +2,940,650 | +7% | +$77.8M |
|
39
Liberty Global Class C
LBTYK
$4.07B
| $1.14B | 0.94% | 47,111,868 +6,449,063 | +16% | +$156M |
|
40
Suncor Energy
SU
$50.1B
| $1.14B | 0.93% | 35,031,800 +2,161,700 | +7% | +$70.1M |
|
41
Gilead Sciences
GILD
$140B
| $1.11B | 0.91% | 17,073,680 +553,250 | +3% | +$36M |
|
42
CVS Health
CVS
$92.8B
| $1.07B | 0.88% | 19,848,164 +3,799,275 | +24% | +$205M |
|
43
Celanese
CE
$5.22B
| $1.07B | 0.88% | 10,814,285 +86,940 | +0.8% | +$8.57M |
|
44
JD.com
JD
$44.1B
| $1.04B | 0.85% | 34,352,177 -4,700,254 | -12% | -$142M |
|
|
MFGP
45
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $932M | 0.77% | 36,136,417 +81,672 | +0.2% | +$2.11M |
|
|
QVCGA
46
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $904M | 0.74% | 56,553,024 +2,530,850 | +5% | +$40.4M |
|
|
DISH
47
DELISTED
DISH Network Corp.
DISH
| $899M | 0.74% | 28,368,173 +9,436,577 | +50% | +$299M |
|
48
Truist Financial
TFC
$60.4B
| $847M | 0.7% | 18,206,728 +1,047,180 | +6% | +$48.7M |
|
49
Dell
DELL
$82.6B
| $847M | 0.7% | 14,429,237 +4,734,210 | +49% | +$278M |
|
50
Halliburton
HAL
$19.4B
| $840M | 0.69% | 28,662,164 +2,238,789 | +8% | +$65.6M |
|