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 |
International Flavors & Fragrances
IFF
|
$1.06B |
| 2 |
American Electric Power
AEP
|
$978M |
| 3 |
Charter Communications
CHTR
|
$920M |
| 4 |
CVS Health
CVS
|
$845M |
| 5 |
Johnson Controls International
JCI
|
$793M |
Top Sells
| 1 |
Ovintiv
OVV
|
$742M |
| 2 |
Microchip Technology
MCHP
|
$696M |
| 3 |
Microsoft
MSFT
|
$560M |
| 4 |
UBS Group
UBS
|
$520M |
| 5 |
Otis Worldwide
OTIS
|
$497M |
Sector Composition
| 1 | Financials | 22.08% |
| 2 | Healthcare | 21.18% |
| 3 | Technology | 13.05% |
| 4 | Communication Services | 11.27% |
| 5 | Industrials | 11.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
UBS Group
UBS
$128B
| $2.32B | 1.35% | 75,422,942 -16,909,009 | -18% | -$520M |
|
27
TE Connectivity
TEL
$61B
| $2.3B | 1.33% | 15,814,523 +147,149 | +0.9% | +$21.4M |
|
28
Goldman Sachs
GS
$226B
| $2.29B | 1.33% | 5,473,633 -8,634 | -0.2% | -$3.61M |
|
29
Regeneron Pharmaceuticals
REGN
$61.5B
| $2.27B | 1.32% | 2,359,864 -7,816 | -0.3% | -$7.52M |
|
30
Zimmer Biomet
ZBH
$21B
| $2.17B | 1.26% | 16,419,270 +4,944,735 | +43% | +$653M |
|
31
Norfolk Southern
NSC
$62.8B
| $2.07B | 1.2% | 8,125,067 -108,305 | -1% | -$27.6M |
|
32
Truist Financial
TFC
$60.4B
| $2.02B | 1.17% | 51,941,210 -1,232,630 | -2% | -$48M |
|
33
UnitedHealth
UNH
$281B
| $1.95B | 1.13% | 3,946,005 +539,813 | +16% | +$267M |
|
34
AB InBev
BUD
$122B
| $1.93B | 1.12% | 31,708,733 -8,505 | -0% | -$517K |
|
35
Meta Platforms (Facebook)
META
$1.86T
| $1.86B | 1.08% | 3,831,944 -545,414 | -12% | -$265M |
|
36
Alphabet (Google) Class A
GOOGL
$2.57T
| $1.85B | 1.07% | 12,250,918 +27,758 | +0.2% | +$4.19M |
|
37
T-Mobile US
TMUS
$284B
| $1.8B | 1.05% | 11,041,654 -287,714 | -3% | -$47M |
|
38
LyondellBasell Industries
LYB
$18.1B
| $1.66B | 0.96% | 16,227,752 +16,975 | +0.1% | +$1.74M |
|
39
Avantor
AVTR
$9.18B
| $1.63B | 0.94% | 63,680,306 +2,483,975 | +4% | +$63.5M |
|
40
Baker Hughes
BKR
$44.8B
| $1.55B | 0.9% | 46,165,024 +3,971,300 | +9% | +$133M |
|
41
GE HealthCare
GEHC
$33.7B
| $1.53B | 0.89% | 16,813,784 -165,644 | -1% | -$15.1M |
|
42
Haleon
HLN
$43.9B
| $1.5B | 0.87% | 176,953,251 +66,290,153 | +60% | +$563M |
|
43
Suncor Energy
SU
$50.1B
| $1.48B | 0.86% | 40,018,854 -3,797,700 | -9% | -$140M |
|
44
ConocoPhillips
COP
$124B
| $1.48B | 0.86% | 11,598,067 -166,206 | -1% | -$21.2M |
|
45
State Street
STT
$32.6B
| $1.47B | 0.85% | 19,046,599 -1,368,295 | -7% | -$106M |
|
46
Williams Companies
WMB
$70.7B
| $1.47B | 0.85% | 37,785,026 -138,992 | -0.4% | -$5.42M |
|
47
Elanco Animal Health
ELAN
$9.12B
| $1.37B | 0.79% | 83,848,850 -132,050 | -0.2% | -$2.15M |
|
48
Cognizant
CTSH
$35.3B
| $1.36B | 0.79% | 18,498,499 -74,138 | -0.4% | -$5.43M |
|
49
Alibaba
BABA
$322B
| $1.31B | 0.76% | 18,074,270 +879,700 | +5% | +$63.7M |
|
|
JNPR
50
DELISTED
Juniper Networks
JNPR
| $1.27B | 0.74% | 34,259,515 -209,590 | -0.6% | -$7.77M |
|