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 |
eBay
EBAY
|
$730M |
| 2 |
Cigna
CI
|
$387M |
| 3 |
Liberty Global Class A
LBTYA
|
$364M |
| 4 |
Walmart
WMT
|
$208M |
| 5 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
$207M |
Top Sells
| 1 |
GSK
GSK
|
$995M |
| 2 |
Nokia
NOK
|
$590M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
$525M |
| 4 |
HP
HPQ
|
$474M |
| 5 |
DuPont de Nemours
DD
|
$251M |
Sector Composition
| 1 | Financials | 21.16% |
| 2 | Technology | 20.44% |
| 3 | Healthcare | 16.97% |
| 4 | Communication Services | 14.78% |
| 5 | Energy | 11.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Truist Financial
TFC
$60.4B
| $642M | 0.61% | 17,255,676 +142,081 | +0.8% | +$5.29M |
|
52
Liberty Global Class C
LBTYK
$4.07B
| $641M | 0.61% | 15,632,447 +3,441,553 | +28% | +$141M |
|
|
STI
53
DELISTED
SunTrust Banks, Inc.
STI
| $631M | 0.6% | 16,593,996 -135,200 | -0.8% | -$5.14M |
|
54
Tapestry
TPR
$21.2B
| $623M | 0.6% | 17,487,956 -29,124 | -0.2% | -$1.04M |
|
|
55
Nokia
NOK
$23.1B
| $611M | 0.58% | 72,176,891 -69,758,780 | -49% | -$590M |
|
56
Petrobras Class A
PBR.A
$73.9B
| $586M | 0.56% | 39,347,800 -7,649,100 | -16% | -$114M |
|
|
AOL
57
DELISTED
AOL INC COMMON STOCK
AOL
| $554M | 0.53% | 12,327,997 -348,358 | -3% | -$15.7M |
|
58
Medtronic
MDT
$119B
| $549M | 0.53% | 8,864,623 +88,030 | +1% | +$5.45M |
|
59
Boston Scientific
BSX
$156B
| $525M | 0.5% | 44,458,338 -414,480 | -0.9% | -$4.9M |
|
60
HSBC
HSBC
$224B
| $501M | 0.48% | 9,845,287 -38,373 | -0.4% | -$1.95M |
|
61
Adobe
ADBE
$151B
| $489M | 0.47% | 7,061,371 -179,700 | -2% | -$12.4M |
|
|
62
Liberty Global Class A
LBTYA
$4B
| $470M | 0.45% | 11,051,305 +8,558,900 | +343% | +$364M |
|
63
Philips
PHG
$26.2B
| $431M | 0.41% | 13,597,307 -416,500 | -3% | -$13.2M |
|
|
S
64
DELISTED
Sprint Corporation
S
| $402M | 0.38% | 63,428,278 +24,840,835 | +64% | +$157M |
|
65
CarMax
KMX
$9.21B
| $354M | 0.34% | 7,612,110 -112,400 | -1% | -$5.22M |
|
66
Unilever
UL
$155B
| $338M | 0.32% | 8,071,868 -861,368 | -10% | -$36.1M |
|
67
Cadence Design Systems
CDNS
$95.5B
| $312M | 0.3% | 18,119,975 -1,067,200 | -6% | -$18.4M |
|
|
68
DuPont de Nemours
DD
$32.2B
| $302M | 0.29% | 5,763,629 -4,781,167 | -45% | -$251M |
|
69
Vulcan Materials
VMC
$38.5B
| $251M | 0.24% | 4,175,466 -586,329 | -12% | -$35.3M |
|
70
Honda
HMC
$44.4B
| $232M | 0.22% | 6,759,200 | – | – |
|
|
TIME
71
DELISTED
Time Inc.
TIME
| $187M | 0.18% | 7,998,579 -124,645 | -2% | -$2.92M |
|
72
News Corp Class A
NWSA
$16.6B
| $161M | 0.15% | 9,864,140 -444,052 | -4% | -$7.26M |
|
73
NVR
NVR
$22.4B
| $131M | 0.13% | 116,165 -1,000 | -0.9% | -$1.13M |
|
74
DNOW Inc
DNOW
$1.68B
| $103M | 0.1% | 3,387,327 -15,475 | -0.5% | -$471K |
|
75
New Oriental
EDU
$7.85B
| $92.9M | 0.09% | +4,002,900 | New | +$92.9M |
|