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 |
APA Corp
APA
|
$480M |
| 2 |
S
Sprint Corporation
S
|
$412M |
| 3 |
UnitedHealth
UNH
|
$367M |
| 4 |
Microsoft
MSFT
|
$309M |
| 5 |
ADT
ADT CORP
ADT
|
$244M |
Top Sells
| 1 |
FON
SPRINT CORP FON COM
FON
|
$1.76B |
| 2 |
Xerox
XRX
|
$645M |
| 3 |
PC
PANASONIC CORP ADR (REP 1 SHR COM STK) (JP)
PC
|
$347M |
| 4 |
Adobe
ADBE
|
$307M |
| 5 |
Vodafone
VOD
|
$286M |
Sector Composition
| 1 | Financials | 20.96% |
| 2 | Technology | 19.33% |
| 3 | Healthcare | 18.2% |
| 4 | Communication Services | 14.76% |
| 5 | Energy | 10.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Tapestry
TPR
$21.2B
| $563M | 0.64% | 10,324,217 +3,588,017 | +53% | +$196M |
|
|
STI
52
DELISTED
SunTrust Banks, Inc.
STI
| $560M | 0.64% | 17,276,479 -194,217 | -1% | -$6.3M |
|
|
CSC
53
DELISTED
Computer Sciences
CSC
| $550M | 0.62% | 10,627,420 -240,972 | -2% | -$12.5M |
|
|
MHFI
54
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $542M | 0.62% | 8,257,382 -53,483 | -0.6% | -$3.51M |
|
55
Philips
PHG
$26.2B
| $524M | 0.6% | 16,257,444 -311,081 | -2% | -$10M |
|
56
HSBC
HSBC
$224B
| $518M | 0.59% | 9,540,648 -18,783 | -0.2% | -$1.02M |
|
|
57
Xerox
XRX
$501M
| $512M | 0.58% | 49,775,279 -62,676,114 | -56% | -$645M |
|
58
Medtronic
MDT
$119B
| $511M | 0.58% | 9,591,376 -262,317 | -3% | -$14M |
|
|
59
Vodafone
VOD
$28.8B
| $510M | 0.58% | 14,487,178 -8,121,110 | -36% | -$286M |
|
60
Amdocs
DOX
$9.41B
| $468M | 0.53% | 12,768,480 -3,607,039 | -22% | -$132M |
|
|
61
UnitedHealth
UNH
$281B
| $444M | 0.5% | 6,200,700 +5,120,934 | +474% | +$367M |
|
62
Cigna
CI
$80.3B
| $433M | 0.49% | 5,629,670 +119,933 | +2% | +$9.22M |
|
63
Genworth Financial
GNW
$3.52B
| $414M | 0.47% | 32,373,141 -2,804,356 | -8% | -$35.9M |
|
|
S
64
DELISTED
Sprint Corporation
S
| $412M | 0.47% | +66,353,287 | New | +$412M |
|
65
Vulcan Materials
VMC
$38.5B
| $403M | 0.46% | 7,782,281 -49,303 | -0.6% | -$2.55M |
|
66
Unilever
UL
$155B
| $399M | 0.45% | 10,334,089 -46,867 | -0.5% | -$1.81M |
|
|
MXIM
67
DELISTED
Maxim Integrated Products
MXIM
| $390M | 0.44% | 13,091,324 +1,548,825 | +13% | +$46.2M |
|
68
CarMax
KMX
$9.21B
| $375M | 0.43% | 7,738,177 -140,041 | -2% | -$6.79M |
|
|
AOL
69
DELISTED
AOL INC COMMON STOCK
AOL
| $333M | 0.38% | 9,617,768 +311,964 | +3% | +$10.8M |
|
70
Liberty Global Class C
LBTYK
$4.07B
| $271M | 0.31% | 3,597,571 -3,100 | -0.1% | -$234K |
|
71
Cadence Design Systems
CDNS
$95.5B
| $265M | 0.3% | 19,594,742 -173,783 | -0.9% | -$2.35M |
|
72
Honda
HMC
$44.4B
| $258M | 0.29% | 6,764,800 -2,400 | -0% | -$91.5K |
|
73
Liberty Global Class A
LBTYA
$4B
| $198M | 0.23% | 2,497,905 | – | – |
|
74
News Corp Class A
NWSA
$16.6B
| $188M | 0.21% | +11,681,529 | New | +$188M |
|
|
FRX
75
DELISTED
FOREST LABORATORIES INC
FRX
| $147M | 0.17% | +3,441,441 | New | +$147M |
|