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 |
Johnson Controls International
JCI
|
$1.14B |
| 2 |
DXC Technology
DXC
|
$1.03B |
| 3 |
Eli Lilly
LLY
|
$491M |
| 4 |
Target
TGT
|
$476M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
$472M |
Top Sells
| 1 |
Petrobras Class A
PBR.A
|
$895M |
| 2 |
Elevance Health
ELV
|
$522M |
| 3 |
Corning
GLW
|
$375M |
| 4 |
Synopsys
SNPS
|
$363M |
| 5 |
Bank of America
BAC
|
$360M |
Sector Composition
| 1 | Financials | 25.09% |
| 2 | Healthcare | 17.63% |
| 3 | Communication Services | 16.71% |
| 4 | Technology | 14.6% |
| 5 | Energy | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
VMW
51
DELISTED
VMware, Inc
VMW
| $788M | 0.66% | 9,009,171 -226,200 | -2% | -$19.8M |
|
52
Alnylam Pharmaceuticals
ALNY
$58.5B
| $733M | 0.62% | 9,185,820 -213,425 | -2% | -$17M |
|
53
Tapestry
TPR
$21.2B
| $711M | 0.6% | 15,021,982 -90,175 | -0.6% | -$4.27M |
|
|
QVCGA
54
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $696M | 0.59% | 28,349,750 +4,527,707 | +19% | +$111M |
|
55
Cemex
CX
$13.2B
| $677M | 0.57% | 71,865,916 +8,781,290 | +14% | +$82.7M |
|
|
CXO
56
DELISTED
CONCHO RESOURCES INC.
CXO
| $673M | 0.57% | 5,535,730 -3,600 | -0.1% | -$438K |
|
57
Liberty Global Class A
LBTYA
$4B
| $610M | 0.51% | 18,980,203 +2,830,216 | +18% | +$90.9M |
|
58
Aegon
AEG
$12.3B
| $551M | 0.47% | 107,897,358 -397,089 | -0.4% | -$2.03M |
|
|
ZAYO
59
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $512M | 0.43% | 16,565,828 +96,250 | +0.6% | +$2.97M |
|
|
AGU
60
DELISTED
Agrium
AGU
| $511M | 0.43% | 5,644,826 +1,407,700 | +33% | +$127M |
|
61
Dell
DELL
$82.6B
| $509M | 0.43% | 8,321,572 -2,184,767 | -21% | -$134M |
|
62
NetApp
NTAP
$22.6B
| $493M | 0.42% | 12,319,220 -2,364,615 | -16% | -$94.7M |
|
|
JNPR
63
DELISTED
Juniper Networks
JNPR
| $493M | 0.42% | 17,690,957 +74,877 | +0.4% | +$2.09M |
|
|
64
Eli Lilly
LLY
$657B
| $493M | 0.42% | 5,991,952 +5,964,955 | +22,095% | +$491M |
|
|
65
Corning
GLW
$57.4B
| $486M | 0.41% | 16,166,252 -12,467,478 | -44% | -$375M |
|
66
Harley-Davidson
HOG
$3.54B
| $472M | 0.4% | 8,746,112 -25,900 | -0.3% | -$1.4M |
|
|
67
Synopsys
SNPS
$112B
| $453M | 0.38% | 6,217,525 -4,974,750 | -44% | -$363M |
|
68
Danaher
DHR
$147B
| $443M | 0.37% | 5,250,773 +151,550 | +3% | +$12.8M |
|
|
TFCF
69
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $391M | 0.33% | 14,018,960 -68,900 | -0.5% | -$1.92M |
|
|
WFT
70
DELISTED
Weatherford International plc
WFT
| $323M | 0.27% | 83,358,621 -88,100 | -0.1% | -$341K |
|
71
Alphabet (Google) Class A
GOOGL
$2.57T
| $234M | 0.2% | 252,123 -66,950 | -21% | -$62.2M |
|
72
News Corp Class A
NWSA
$16.6B
| $149M | 0.13% | 10,882,034 +1,040,473 | +11% | +$14.3M |
|
73
Liberty Latin America Class C
LILAK
$1.65B
| $143M | 0.12% | 6,669,509 +8,500 | +0.1% | +$182K |
|
|
74
Liberty Latin America Class A
LILA
$1.61B
| $109M | 0.09% | 5,018,489 +5,900 | +0.1% | +$128K |
|
75
Itaú Unibanco
ITUB
$77B
| $68M | 0.06% | 6,154,116 +285,900 | +5% | +$3.16M |
|