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 |
GE Aerospace
GE
|
$1.18B |
| 2 |
Fidelity National Information Services
FIS
|
$572M |
| 3 |
PayPal
PYPL
|
$535M |
| 4 |
Charles Schwab
SCHW
|
$430M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$419M |
Top Sells
| 1 |
Sanofi
SNY
|
$751M |
| 2 |
Bristol-Myers Squibb
BMY
|
$666M |
| 3 |
HP
HPQ
|
$615M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
$534M |
| 5 |
GSK
GSK
|
$501M |
Sector Composition
| 1 | Financials | 22.19% |
| 2 | Healthcare | 18.97% |
| 3 | Technology | 16.22% |
| 4 | Communication Services | 14.67% |
| 5 | Energy | 9.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
HP
HPQ
$26.7B
| $1.93B | 1.34% |
59,016,041
-18,751,801
| -24% | -$615M |
|
27
TE Connectivity
TEL
$61B
| $1.93B | 1.34% |
17,088,935
+28,991
| +0.2% | +$3.28M |
|
28
Novartis
NVS
$245B
| $1.91B | 1.32% |
22,552,769
-5,291,440
| -19% | -$447M |
|
29
Meta Platforms (Facebook)
META
$1.86T
| $1.89B | 1.31% |
11,736,826
+1,118,842
| +11% | +$180M |
|
30
ConocoPhillips
COP
$124B
| $1.88B | 1.3% |
20,919,770
-161,138
| -0.8% | -$14.5M |
|
31
Microchip Technology
MCHP
$35.1B
| $1.87B | 1.3% |
32,228,436
+551,092
| +2% | +$32M |
|
32
Cognizant
CTSH
$35.3B
| $1.86B | 1.29% |
27,559,889
-1,343,000
| -5% | -$90.6M |
|
|
33
GE Aerospace
GE
$292B
| $1.84B | 1.28% |
28,966,680
+18,569,368
| +179% | +$1.18B |
|
34
Molson Coors Class B
TAP
$9.98B
| $1.59B | 1.1% |
29,100,911
-1,146,058
| -4% | -$62.5M |
|
35
Incyte
INCY
$16.5B
| $1.52B | 1.06% |
20,067,845
+2,007,555
| +11% | +$153M |
|
36
Fox Class A
FOXA
$26.6B
| $1.49B | 1.03% |
46,473,345
-829,230
| -2% | -$26.7M |
|
37
Booking.com
BKNG
$181B
| $1.49B | 1.03% |
850,171
-16,958
| -2% | -$29.7M |
|
38
Suncor Energy
SU
$50.1B
| $1.46B | 1.01% |
41,594,454
-559,700
| -1% | -$19.6M |
|
|
39
Bristol-Myers Squibb
BMY
$96B
| $1.41B | 0.98% |
18,353,339
-8,650,020
| -32% | -$666M |
|
40
Alibaba
BABA
$322B
| $1.4B | 0.97% |
12,333,870
+413,600
| +3% | +$47M |
|
41
Bank of America
BAC
$376B
| $1.38B | 0.96% |
44,434,589
+1,511,600
| +4% | +$47.1M |
|
42
Hewlett Packard
HPE
$29.6B
| $1.37B | 0.95% |
103,549,949
-527,525
| -0.5% | -$6.99M |
|
43
State Street
STT
$32.6B
| $1.37B | 0.95% |
22,260,604
+14,155
| +0.1% | +$873K |
|
44
Regeneron Pharmaceuticals
REGN
$61.5B
| $1.34B | 0.93% |
2,265,334
+28,271
| +1% | +$16.7M |
|
45
AB InBev
BUD
$122B
| $1.29B | 0.89% |
23,838,936
+2,865,804
| +14% | +$155M |
|
46
CVS Health
CVS
$92.8B
| $1.27B | 0.88% |
13,709,717
-360,565
| -3% | -$33.4M |
|
47
BioMarin Pharmaceuticals
BMRN
$11.2B
| $1.24B | 0.86% |
15,007,063
-27,936
| -0.2% | -$2.32M |
|
|
JNPR
48
DELISTED
Juniper Networks
JNPR
| $1.16B | 0.8% |
40,734,258
-2,322,068
| -5% | -$66.2M |
|
49
Honda
HMC
$44.4B
| $1.15B | 0.79% |
47,504,753
+126,800
| +0.3% | +$3.06M |
|
50
Schlumberger
SLB
$55B
| $1.05B | 0.72% |
29,238,514
-1,391,421
| -5% | -$49.8M |
|