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 |
Eli Lilly
LLY
|
$1.2B |
| 2 |
MFGP
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
|
$1.17B |
| 3 |
Baker Hughes
BKR
|
$871M |
| 4 |
Gilead Sciences
GILD
|
$803M |
| 5 |
APC
Anadarko Petroleum
APC
|
$656M |
Top Sells
| 1 |
BHI
Baker Hughes
BHI
|
$1.3B |
| 2 |
DXC Technology
DXC
|
$800M |
| 3 |
TWX
Time Warner Inc
TWX
|
$671M |
| 4 |
Novartis
NVS
|
$472M |
| 5 |
VMW
VMware, Inc
VMW
|
$318M |
Sector Composition
| 1 | Financials | 24.34% |
| 2 | Healthcare | 19.07% |
| 3 | Communication Services | 15.79% |
| 4 | Technology | 14.69% |
| 5 | Energy | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
DISH
51
DELISTED
DISH Network Corp.
DISH
| $870M | 0.7% | 16,039,596 -141,784 | -0.9% | -$7.69M |
|
52
Merck
MRK
$210B
| $862M | 0.69% | 13,462,469 -95,230 | -0.7% | -$6.1M |
|
|
ZAYO
53
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $818M | 0.66% | 23,769,321 +7,203,493 | +43% | +$248M |
|
|
54
Gilead Sciences
GILD
$140B
| $803M | 0.65% | 9,909,731 +9,906,481 | +304,815% | +$803M |
|
|
QVCGA
55
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $801M | 0.64% | 33,998,661 +5,648,911 | +20% | +$133M |
|
56
Dell
DELL
$82.6B
| $775M | 0.62% | 10,034,264 +1,712,692 | +21% | +$132M |
|
|
CXO
57
DELISTED
CONCHO RESOURCES INC.
CXO
| $746M | 0.6% | 5,664,498 +128,768 | +2% | +$17M |
|
|
VMW
58
DELISTED
VMware, Inc
VMW
| $665M | 0.54% | 6,092,862 -2,916,309 | -32% | -$318M |
|
59
Cemex
CX
$13.2B
| $651M | 0.52% | 71,734,416 -131,500 | -0.2% | -$1.19M |
|
60
Liberty Global Class A
LBTYA
$4B
| $644M | 0.52% | 18,978,503 -1,700 | -0% | -$57.6K |
|
|
AGU
61
DELISTED
Agrium
AGU
| $630M | 0.51% | 5,880,226 +235,400 | +4% | +$25.2M |
|
62
Aegon
AEG
$12.3B
| $620M | 0.5% | 107,043,459 -853,899 | -0.8% | -$4.94M |
|
63
GSK
GSK
$79.9B
| $603M | 0.49% | 14,858,137 +14,828,450 | +49,949% | +$602M |
|
|
JNPR
64
DELISTED
Juniper Networks
JNPR
| $555M | 0.45% | 19,948,757 +2,257,800 | +13% | +$62.8M |
|
65
NetApp
NTAP
$22.6B
| $534M | 0.43% | 12,195,045 -124,175 | -1% | -$5.43M |
|
66
Corning
GLW
$57.4B
| $478M | 0.38% | 15,983,457 -182,795 | -1% | -$5.47M |
|
67
Synopsys
SNPS
$112B
| $465M | 0.37% | 5,777,225 -440,300 | -7% | -$35.5M |
|
68
Danaher
DHR
$147B
| $448M | 0.36% | 5,217,123 -33,650 | -0.6% | -$2.89M |
|
69
Harley-Davidson
HOG
$3.54B
| $420M | 0.34% | 8,713,712 -32,400 | -0.4% | -$1.56M |
|
|
WFT
70
DELISTED
Weatherford International plc
WFT
| $381M | 0.31% | 83,144,621 -214,000 | -0.3% | -$980K |
|
|
TFCF
71
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $362M | 0.29% | 14,046,460 +27,500 | +0.2% | +$709K |
|
|
72
DXC Technology
DXC
$2.59B
| $356M | 0.29% | 4,142,400 -9,317,031 | -69% | -$800M |
|
73
Tapestry
TPR
$21.2B
| $325M | 0.26% | 8,069,629 -6,952,353 | -46% | -$280M |
|
74
Brighthouse Financial
BHF
$2.7B
| $224M | 0.18% | +3,689,140 | New | +$224M |
|
75
Occidental Petroleum
OXY
$46.9B
| $207M | 0.17% | 3,231,404 +3,086,982 | +2,137% | +$198M |
|