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 |
UnitedHealth
UNH
|
$1.48B |
| 2 |
Regeneron Pharmaceuticals
REGN
|
$789M |
| 3 |
Teledyne Technologies
TDY
|
$767M |
| 4 |
AMRZ
Amrize Ltd
AMRZ
|
$622M |
| 5 |
Comcast
CMCSA
|
$609M |
Top Sells
| 1 |
Williams Companies
WMB
|
$1.58B |
| 2 |
Cisco
CSCO
|
$1.46B |
| 3 |
GE Aerospace
GE
|
$1.27B |
| 4 |
UBS Group
UBS
|
$913M |
| 5 |
Capital One
COF
|
$728M |
Sector Composition
| 1 | Healthcare | 23.24% |
| 2 | Financials | 18.09% |
| 3 | Industrials | 12.75% |
| 4 | Technology | 11.73% |
| 5 | Communication Services | 11.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Credicorp
BAP
$20.4B
| $1.15B | 0.65% | 5,147,380 -162,400 | -3% | -$36.3M |
|
52
Alnylam Pharmaceuticals
ALNY
$58.5B
| $1.04B | 0.59% | 3,197,096 -154,666 | -5% | -$50.4M |
|
53
Suncor Energy
SU
$50.1B
| $1.03B | 0.58% | 27,401,654 -953,800 | -3% | -$35.7M |
|
54
LPL Financial
LPLA
$29.2B
| $1.01B | 0.57% | 2,701,709 +1,178,249 | +77% | +$442M |
|
55
ConocoPhillips
COP
$124B
| $1.01B | 0.57% | 11,235,453 +13,754 | +0.1% | +$1.23M |
|
56
Incyte
INCY
$16.5B
| $994M | 0.56% | 14,595,181 -269,147 | -2% | -$18.3M |
|
57
American Electric Power
AEP
$59.4B
| $993M | 0.56% | 9,572,403 -1,239,147 | -11% | -$129M |
|
58
LyondellBasell Industries
LYB
$18.1B
| $982M | 0.55% | 16,969,997 +73,965 | +0.4% | +$4.28M |
|
59
T-Mobile US
TMUS
$284B
| $977M | 0.55% | 4,100,279 -1,732,274 | -30% | -$413M |
|
60
Carrier Global
CARR
$55.5B
| $935M | 0.53% | 12,776,049 -1,512,301 | -11% | -$111M |
|
61
HP
HPQ
$26.7B
| $855M | 0.48% | 34,943,498 +1,537,945 | +5% | +$37.6M |
|
62
Celanese
CE
$5.22B
| $848M | 0.48% | 15,324,667 -66,749 | -0.4% | -$3.69M |
|
63
Bank of America
BAC
$376B
| $845M | 0.47% | 17,860,502 -3,144,420 | -15% | -$149M |
|
64
BioMarin Pharmaceuticals
BMRN
$11.2B
| $831M | 0.47% | 15,108,310 +153,070 | +1% | +$8.41M |
|
65
State Street
STT
$32.6B
| $788M | 0.44% | 7,412,414 +80,855 | +1% | +$8.6M |
|
66
Fox Class A
FOXA
$26.6B
| $786M | 0.44% | 14,017,947 -5,619,195 | -29% | -$315M |
|
|
67
Teledyne Technologies
TDY
$25.2B
| $767M | 0.43% | +1,497,740 | New | +$767M |
|
68
Neurocrine Biosciences
NBIX
$13.8B
| $700M | 0.39% | 5,566,814 +32,190 | +0.6% | +$4.05M |
|
69
XP
XP
$9.56B
| $693M | 0.39% | 34,308,445 -8,229,400 | -19% | -$166M |
|
70
Molson Coors Class B
TAP
$9.98B
| $692M | 0.39% | 14,396,195 +327,885 | +2% | +$15.8M |
|
71
Medtronic
MDT
$119B
| $675M | 0.38% | 7,740,383 +31,550 | +0.4% | +$2.75M |
|
72
Cemex
CX
$13.2B
| $659M | 0.37% | 95,023,835 +24,703,035 | +35% | +$171M |
|
73
Aegon
AEG
$12.3B
| $642M | 0.36% | 88,737,090 -28,804,015 | -25% | -$209M |
|
74
Gaming and Leisure Properties
GLPI
$13.6B
| $636M | 0.36% | 13,618,357 +108,748 | +0.8% | +$5.08M |
|
75
Linde
LIN
$224B
| $624M | 0.35% | 1,329,590 | – | – |
|