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 |
Regeneron Pharmaceuticals
REGN
|
$1.37B |
| 2 |
GE Aerospace
GE
|
$938M |
| 3 |
Meta Platforms (Facebook)
META
|
$881M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
$804M |
| 5 |
UBS Group
UBS
|
$804M |
Top Sells
| 1 |
Bank of America
BAC
|
$1.07B |
| 2 |
Schlumberger
SLB
|
$1.07B |
| 3 |
HES
Hess
HES
|
$1.02B |
| 4 |
HP
HPQ
|
$959M |
| 5 |
Baker Hughes
BKR
|
$724M |
Sector Composition
| 1 | Financials | 23.3% |
| 2 | Healthcare | 17.99% |
| 3 | Technology | 16.88% |
| 4 | Communication Services | 15.05% |
| 5 | Energy | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Williams Companies
WMB
$70.7B
| $2.36B | 1.44% | 70,779,351 -644,515 | -0.9% | -$21.5M |
|
|
27
Meta Platforms (Facebook)
META
$1.86T
| $2.36B | 1.43% | 10,617,984 +3,962,660 | +60% | +$881M |
|
28
TE Connectivity
TEL
$61B
| $2.23B | 1.36% | 17,059,944 -66,010 | -0.4% | -$8.65M |
|
29
T-Mobile US
TMUS
$284B
| $2.22B | 1.35% | 17,285,121 +821,862 | +5% | +$105M |
|
30
Gilead Sciences
GILD
$140B
| $2.2B | 1.34% | 37,026,630 -148,147 | -0.4% | -$8.81M |
|
31
UnitedHealth
UNH
$281B
| $2.17B | 1.32% | 4,246,215 -28,490 | -0.7% | -$14.5M |
|
32
ConocoPhillips
COP
$124B
| $2.11B | 1.28% | 21,080,908 -148,500 | -0.7% | -$14.9M |
|
33
Booking.com
BKNG
$181B
| $2.04B | 1.24% | 867,129 +38,707 | +5% | +$90.9M |
|
34
Bristol-Myers Squibb
BMY
$96B
| $1.97B | 1.2% | 27,003,359 -352,073 | -1% | -$25.7M |
|
35
State Street
STT
$32.6B
| $1.94B | 1.18% | 22,246,449 -110,050 | -0.5% | -$9.59M |
|
36
Fox Class A
FOXA
$26.6B
| $1.87B | 1.13% | 47,302,575 -468,007 | -1% | -$18.5M |
|
|
37
Bank of America
BAC
$376B
| $1.77B | 1.08% | 42,922,989 -25,978,501 | -38% | -$1.07B |
|
38
Hewlett Packard
HPE
$29.6B
| $1.74B | 1.06% | 104,077,474 -1,882,435 | -2% | -$31.5M |
|
39
Molson Coors Class B
TAP
$9.98B
| $1.61B | 0.98% | 30,246,969 -368,841 | -1% | -$19.7M |
|
|
JNPR
40
DELISTED
Juniper Networks
JNPR
| $1.6B | 0.97% | 43,056,326 -1,378,090 | -3% | -$51.2M |
|
41
American Express
AXP
$231B
| $1.58B | 0.96% | 8,438,773 -258,968 | -3% | -$48.4M |
|
|
42
Regeneron Pharmaceuticals
REGN
$61.5B
| $1.56B | 0.95% | 2,237,063 +1,957,941 | +701% | +$1.37B |
|
43
Incyte
INCY
$16.5B
| $1.43B | 0.87% | 18,060,290 +1,402,704 | +8% | +$111M |
|
44
CVS Health
CVS
$92.8B
| $1.42B | 0.87% | 14,070,282 -543,390 | -4% | -$55M |
|
45
Suncor Energy
SU
$50.1B
| $1.37B | 0.83% | 42,154,154 -12,950,800 | -24% | -$422M |
|
46
Honda
HMC
$44.4B
| $1.34B | 0.81% | 47,377,953 +2,252,358 | +5% | +$63.7M |
|
47
Alibaba
BABA
$322B
| $1.3B | 0.79% | 11,920,270 +3,020,800 | +34% | +$329M |
|
|
48
Schlumberger
SLB
$55B
| $1.27B | 0.77% | 30,629,935 -25,797,515 | -46% | -$1.07B |
|
49
AB InBev
BUD
$122B
| $1.26B | 0.77% | 20,973,132 +5,932,975 | +39% | +$356M |
|
|
DISH
50
DELISTED
DISH Network Corp.
DISH
| $1.21B | 0.74% | 38,343,264 +75,176 | +0.2% | +$2.38M |
|