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 |
Cisco
CSCO
|
$609M |
| 2 |
HP
HPQ
|
$601M |
| 3 |
UBS Group
UBS
|
$566M |
| 4 |
Harley-Davidson
HOG
|
$396M |
| 5 |
CXO
CONCHO RESOURCES INC.
CXO
|
$381M |
Top Sells
| 1 |
Chevron
CVX
|
$847M |
| 2 |
GSK
GSK
|
$472M |
| 3 |
STI
SunTrust Banks, Inc.
STI
|
$458M |
| 4 |
UnitedHealth
UNH
|
$420M |
| 5 |
Target
TGT
|
$368M |
Sector Composition
| 1 | Financials | 23.1% |
| 2 | Technology | 21.15% |
| 3 | Communication Services | 16.86% |
| 4 | Healthcare | 16.13% |
| 5 | Energy | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
WFT
51
DELISTED
Weatherford International plc
WFT
| $639M | 0.64% | 75,409,677 +302,900 | +0.4% | +$2.57M |
|
52
Aegon
AEG
$12.3B
| $616M | 0.62% | 107,139,644 +2,355,752 | +2% | +$13.5M |
|
|
QVCGA
53
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $573M | 0.58% | 21,836,453 +57,075 | +0.3% | +$1.5M |
|
|
54
UBS Group
UBS
$128B
| $566M | 0.57% | +30,534,700 | New | +$566M |
|
55
eBay
EBAY
$41.4B
| $536M | 0.54% | 21,936,134 -2,505,500 | -10% | -$61.2M |
|
|
JNPR
56
DELISTED
Juniper Networks
JNPR
| $533M | 0.54% | 20,729,659 +63,350 | +0.3% | +$1.63M |
|
57
Tapestry
TPR
$21.2B
| $503M | 0.51% | 17,378,986 +61,550 | +0.4% | +$1.78M |
|
58
Liberty Global Class A
LBTYA
$4B
| $499M | 0.5% | 11,631,305 -400 | -0% | -$17.2K |
|
|
RDS.A
59
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $469M | 0.47% | 9,896,502 +160,953 | +2% | +$7.63M |
|
60
Medtronic
MDT
$119B
| $467M | 0.47% | 6,971,380 -1,040,403 | -13% | -$69.6M |
|
|
61
Harley-Davidson
HOG
$3.54B
| $396M | 0.4% | +7,221,700 | New | +$396M |
|
|
CXO
62
DELISTED
CONCHO RESOURCES INC.
CXO
| $381M | 0.38% | +3,878,800 | New | +$381M |
|
63
American Express
AXP
$231B
| $356M | 0.36% | 4,802,206 +4,607,683 | +2,369% | +$342M |
|
64
PayPal
PYPL
$67.1B
| $354M | 0.36% | +11,415,734 | New | +$354M |
|
65
Cadence Design Systems
CDNS
$95.5B
| $300M | 0.3% | 14,492,750 -22,950 | -0.2% | -$475K |
|
66
Teck Resources
TECK
$16.7B
| $255M | 0.26% | 53,203,561 +20,241,400 | +61% | +$97.2M |
|
67
New Oriental
EDU
$7.85B
| $230M | 0.23% | 11,388,129 +986,800 | +9% | +$19.9M |
|
68
Honda
HMC
$44.4B
| $202M | 0.2% | 6,758,400 -800 | -0% | -$23.9K |
|
|
STI
69
DELISTED
SunTrust Banks, Inc.
STI
| $105M | 0.11% | 2,737,734 -11,972,490 | -81% | -$458M |
|
|
AGU
70
DELISTED
Agrium
AGU
| $101M | 0.1% | +1,132,456 | New | +$101M |
|
71
News Corp Class A
NWSA
$16.6B
| $101M | 0.1% | 8,012,302 +650 | +0% | +$8.2K |
|
|
72
Chevron
CVX
$324B
| $51.6M | 0.05% | 654,224 -10,738,382 | -94% | -$847M |
|
73
DNOW Inc
DNOW
$1.68B
| $46.6M | 0.05% | 3,149,097 +12,875 | +0.4% | +$191K |
|
74
CarMax
KMX
$9.21B
| $34.3M | 0.03% | 578,788 -960 | -0.2% | -$56.9K |
|
75
Liberty Latin America Class C
LILAK
$1.65B
| $33.4M | 0.03% | +975,767 | New | +$33.4M |
|