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 |
AT&T
T
|
$1.46B |
| 2 |
Comcast
CMCSA
|
$992M |
| 3 |
Charter Communications
CHTR
|
$529M |
| 4 |
ESRX
Express Scripts Holding Company
ESRX
|
$501M |
| 5 |
Altice USA
ATUS
|
$480M |
Top Sells
| 1 |
TWX
Time Warner Inc
TWX
|
$2.98B |
| 2 |
Merck
MRK
|
$636M |
| 3 |
Hewlett Packard
HPE
|
$544M |
| 4 |
MXIM
Maxim Integrated Products
MXIM
|
$456M |
| 5 |
Cisco
CSCO
|
$452M |
Sector Composition
| 1 | Financials | 23.81% |
| 2 | Healthcare | 19.47% |
| 3 | Communication Services | 17.6% |
| 4 | Technology | 13% |
| 5 | Energy | 7.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Baidu
BIDU
$32.8B
| $825M | 0.66% | 3,394,037 -336,150 | -9% | -$81.7M |
|
|
QVCGA
52
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $824M | 0.66% | 38,850,260 +4,908,452 | +14% | +$104M |
|
53
Cemex
CX
$13.2B
| $821M | 0.66% | 125,167,995 +23,852,379 | +24% | +$156M |
|
|
MFGP
54
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $814M | 0.65% | 47,117,892 +315,906 | +0.7% | +$5.46M |
|
|
TFCF
55
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $666M | 0.53% | 13,527,360 -400,600 | -3% | -$19.7M |
|
56
Aegon
AEG
$12.3B
| $626M | 0.5% | 105,816,842 -292,122 | -0.3% | -$1.73M |
|
57
Nutrien
NTR
$28B
| $612M | 0.49% | 11,250,234 -1,057,900 | -9% | -$57.5M |
|
58
Mattel
MAT
$5.9B
| $584M | 0.47% | 35,546,085 +6,490,148 | +22% | +$107M |
|
|
CXO
59
DELISTED
CONCHO RESOURCES INC.
CXO
| $572M | 0.46% | 4,133,898 -457,200 | -10% | -$63.3M |
|
|
DISH
60
DELISTED
DISH Network Corp.
DISH
| $553M | 0.44% | 16,464,246 +83,100 | +0.5% | +$2.79M |
|
|
MXIM
61
DELISTED
Maxim Integrated Products
MXIM
| $534M | 0.43% | 9,095,230 -7,772,884 | -46% | -$456M |
|
62
Liberty Global Class A
LBTYA
$4B
| $523M | 0.42% | 18,973,803 -3,000 | -0% | -$82.6K |
|
63
Occidental Petroleum
OXY
$46.9B
| $521M | 0.42% | 6,231,225 -118,700 | -2% | -$9.93M |
|
|
64
Altice USA
ATUS
$1.1B
| $480M | 0.38% | +28,149,485 | New | +$480M |
|
65
Danaher
DHR
$147B
| $478M | 0.38% | 4,841,618 -275,705 | -5% | -$27.2M |
|
|
VMW
66
DELISTED
VMware, Inc
VMW
| $464M | 0.37% | 3,159,550 -139,600 | -4% | -$20.5M |
|
67
Alnylam Pharmaceuticals
ALNY
$58.5B
| $458M | 0.37% | 4,654,701 -38,140 | -0.8% | -$3.76M |
|
68
Synopsys
SNPS
$112B
| $447M | 0.36% | 5,225,435 -300,195 | -5% | -$25.7M |
|
69
Harley-Davidson
HOG
$3.54B
| $363M | 0.29% | 8,625,726 -33,175 | -0.4% | -$1.4M |
|
|
WFT
70
DELISTED
Weatherford International plc
WFT
| $274M | 0.22% | 83,271,821 +413,000 | +0.5% | +$1.36M |
|
71
Molson Coors Class B
TAP
$9.98B
| $216M | 0.17% | +3,180,041 | New | +$216M |
|
|
72
Merck
MRK
$210B
| $201M | 0.16% | 3,305,109 -10,483,244 | -76% | -$636M |
|
73
News Corp Class A
NWSA
$16.6B
| $179M | 0.14% | 11,544,324 -141,725 | -1% | -$2.2M |
|
74
Alphabet (Google) Class A
GOOGL
$2.57T
| $164M | 0.13% | 145,589 -7,660 | -5% | -$8.65M |
|
75
Brighthouse Financial
BHF
$2.7B
| $131M | 0.1% | 3,276,286 +20,020 | +0.6% | +$802K |
|