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 |
|