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 HealthCare
GEHC
|
$1.3B |
| 2 |
Dominion Energy
D
|
$829M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
$351M |
| 4 |
Amazon
AMZN
|
$341M |
| 5 |
Medtronic
MDT
|
$249M |
Top Sells
| 1 |
Meta Platforms (Facebook)
META
|
$939M |
| 2 |
American Express
AXP
|
$619M |
| 3 |
PayPal
PYPL
|
$567M |
| 4 |
Baidu
BIDU
|
$481M |
| 5 |
GE Aerospace
GE
|
$248M |
Sector Composition
| 1 | Financials | 19.93% |
| 2 | Healthcare | 19.3% |
| 3 | Technology | 17.15% |
| 4 | Communication Services | 13.11% |
| 5 | Industrials | 10.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Microchip Technology
MCHP
$35.1B
| $1.92B | 1.31% | 22,899,386 -469,280 | -2% | -$39.3M |
|
|
27
Amazon
AMZN
$2.44T
| $1.9B | 1.29% | 18,360,370 +3,299,870 | +22% | +$341M |
|
28
Goldman Sachs
GS
$226B
| $1.88B | 1.28% | 5,740,305 -402,786 | -7% | -$132M |
|
29
Novartis
NVS
$245B
| $1.87B | 1.27% | 20,312,680 -438,692 | -2% | -$40.4M |
|
30
AB InBev
BUD
$122B
| $1.69B | 1.15% | 25,302,353 -37,318 | -0.1% | -$2.49M |
|
31
State Street
STT
$32.6B
| $1.65B | 1.13% | 21,830,987 -112,767 | -0.5% | -$8.54M |
|
32
UnitedHealth
UNH
$281B
| $1.65B | 1.12% | 3,489,512 -39,198 | -1% | -$18.5M |
|
33
T-Mobile US
TMUS
$284B
| $1.61B | 1.1% | 11,126,724 -463,610 | -4% | -$67.1M |
|
34
LyondellBasell Industries
LYB
$18.1B
| $1.54B | 1.05% | 16,445,242 -123,250 | -0.7% | -$11.6M |
|
|
35
Meta Platforms (Facebook)
META
$1.86T
| $1.54B | 1.05% | 7,245,857 -4,428,333 | -38% | -$939M |
|
36
HP
HPQ
$26.7B
| $1.52B | 1.03% | 51,619,005 -832,220 | -2% | -$24.4M |
|
37
Fidelity National Information Services
FIS
$36.5B
| $1.49B | 1.02% | 27,493,640 +1,273,025 | +5% | +$69.2M |
|
38
Molson Coors Class B
TAP
$9.98B
| $1.45B | 0.99% | 28,120,054 +1,032,150 | +4% | +$53.3M |
|
39
ConocoPhillips
COP
$124B
| $1.4B | 0.95% | 14,084,769 -454,713 | -3% | -$45.1M |
|
40
Incyte
INCY
$16.5B
| $1.4B | 0.95% | 19,332,310 -30,625 | -0.2% | -$2.21M |
|
41
BioMarin Pharmaceuticals
BMRN
$11.2B
| $1.39B | 0.95% | 14,329,313 -54,350 | -0.4% | -$5.28M |
|
42
Suncor Energy
SU
$50.1B
| $1.39B | 0.95% | 44,855,854 +2,988,400 | +7% | +$92.8M |
|
43
Fox Class A
FOXA
$26.6B
| $1.36B | 0.93% | 40,057,178 -10,187 | -0% | -$347K |
|
|
44
Alphabet (Google) Class A
GOOGL
$2.57T
| $1.33B | 0.91% | 12,841,330 +3,381,255 | +36% | +$351M |
|
|
45
GE HealthCare
GEHC
$33.7B
| $1.3B | 0.88% | +15,810,644 | New | +$1.3B |
|
46
Alibaba
BABA
$322B
| $1.29B | 0.88% | 12,633,812 -1,345,258 | -10% | -$137M |
|
47
Bank of America
BAC
$376B
| $1.23B | 0.84% | 43,175,036 +803,447 | +2% | +$23M |
|
48
Cognizant
CTSH
$35.3B
| $1.22B | 0.83% | 20,030,272 -313,485 | -2% | -$19.1M |
|
|
JNPR
49
DELISTED
Juniper Networks
JNPR
| $1.21B | 0.82% | 35,134,252 -398,000 | -1% | -$13.7M |
|
50
Honda
HMC
$44.4B
| $1.2B | 0.82% | 45,265,991 +926,171 | +2% | +$24.5M |
|