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 |
State Street
STT
|
$840M |
| 2 |
HP
HPQ
|
$618M |
| 3 |
Dell
DELL
|
$554M |
| 4 |
Bank of America
BAC
|
$463M |
| 5 |
Cisco
CSCO
|
$448M |
Top Sells
| 1 |
Charter Communications
CHTR
|
$1.17B |
| 2 |
Eli Lilly
LLY
|
$1.08B |
| 3 |
Microsoft
MSFT
|
$877M |
| 4 |
Bristol-Myers Squibb
BMY
|
$780M |
| 5 |
Sanofi
SNY
|
$472M |
Sector Composition
| 1 | Financials | 24.47% |
| 2 | Healthcare | 19.44% |
| 3 | Technology | 17.53% |
| 4 | Communication Services | 13.51% |
| 5 | Industrials | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Occidental Petroleum
OXY
$46.9B
| $1.36B | 1.48% | 117,862,556 +29,625,829 | +34% | +$343M |
|
27
UBS Group
UBS
$128B
| $1.36B | 1.47% | 145,287,527 +27,700 | +0% | +$259K |
|
28
AstraZeneca
AZN
$248B
| $1.33B | 1.44% | 29,883,038 -8,591,892 | -22% | -$384M |
|
29
Hewlett Packard
HPE
$29.6B
| $1.31B | 1.42% | 135,043,948 +8,462,023 | +7% | +$82.2M |
|
|
30
Cisco
CSCO
$274B
| $1.25B | 1.35% | 31,807,872 +11,406,688 | +56% | +$448M |
|
31
CVS Health
CVS
$92.8B
| $1.24B | 1.34% | 20,863,956 +368,385 | +2% | +$21.9M |
|
32
Schlumberger
SLB
$55B
| $1.23B | 1.33% | 90,915,760 +32,930,662 | +57% | +$444M |
|
33
JPMorgan Chase
JPM
$829B
| $1.22B | 1.32% | 13,515,625 -550,068 | -4% | -$49.5M |
|
34
American Express
AXP
$231B
| $1.15B | 1.25% | 13,448,063 -695,438 | -5% | -$59.5M |
|
35
Gilead Sciences
GILD
$140B
| $1.13B | 1.22% | 15,110,961 -2,341,312 | -13% | -$175M |
|
36
Cognizant
CTSH
$35.3B
| $1.1B | 1.19% | 23,678,565 +6,564,807 | +38% | +$305M |
|
37
Baker Hughes
BKR
$44.8B
| $984M | 1.06% | 93,727,915 +17,413,449 | +23% | +$183M |
|
|
JNPR
38
DELISTED
Juniper Networks
JNPR
| $962M | 1.04% | 50,280,321 +1,112,625 | +2% | +$21.3M |
|
|
39
State Street
STT
$32.6B
| $905M | 0.98% | 16,985,060 +15,772,265 | +1,300% | +$840M |
|
40
Molson Coors Class B
TAP
$9.98B
| $861M | 0.93% | 22,072,733 +4,953,065 | +29% | +$193M |
|
41
Truist Financial
TFC
$60.4B
| $854M | 0.92% | 27,705,278 +1,603,252 | +6% | +$49.4M |
|
42
Suncor Energy
SU
$50.1B
| $798M | 0.86% | 50,513,854 +12,490,854 | +33% | +$197M |
|
|
S
43
DELISTED
Sprint Corporation
S
| $769M | 0.83% | 89,227,648 -10,885,736 | -11% | -$93.8M |
|
44
Celanese
CE
$5.22B
| $741M | 0.8% | 10,095,394 -414,891 | -4% | -$30.4M |
|
|
CXO
45
DELISTED
CONCHO RESOURCES INC.
CXO
| $739M | 0.8% | 17,243,988 +6,681,473 | +63% | +$286M |
|
|
HES
46
DELISTED
Hess
HES
| $725M | 0.78% | 21,774,020 +7,018,986 | +48% | +$234M |
|
47
Fox Class A
FOXA
$26.6B
| $705M | 0.76% | 29,837,098 +487,494 | +2% | +$11.5M |
|
48
Baidu
BIDU
$32.8B
| $658M | 0.71% | 6,530,521 -3,521,466 | -35% | -$355M |
|
49
Linde
LIN
$224B
| $642M | 0.69% | 3,558,259 -815,935 | -19% | -$147M |
|
|
DISH
50
DELISTED
DISH Network Corp.
DISH
| $628M | 0.68% | 31,423,528 +2,142,300 | +7% | +$42.8M |
|