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 |
RTX Corp
RTX
|
$1.31B |
| 2 |
Linde
LIN
|
$1.29B |
| 3 |
Occidental Petroleum
OXY
|
$1.11B |
| 4 |
Cigna
CI
|
$823M |
| 5 |
Microchip Technology
MCHP
|
$603M |
Top Sells
| 1 |
ESRX
Express Scripts Holding Company
ESRX
|
$3.79B |
| 2 |
Medtronic
MDT
|
$1.06B |
| 3 |
Eli Lilly
LLY
|
$832M |
| 4 |
Union Pacific
UNP
|
$803M |
| 5 |
Novartis
NVS
|
$649M |
Sector Composition
| 1 | Financials | 24.52% |
| 2 | Healthcare | 19.64% |
| 3 | Communication Services | 16.37% |
| 4 | Technology | 12.94% |
| 5 | Energy | 7.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ZAYO
51
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $648M | 0.59% | 28,388,472 +2,856,687 | +11% | +$65.2M |
|
|
MFGP
52
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $621M | 0.57% | 36,054,745 -17,644,316 | -33% | -$304M |
|
|
S
53
DELISTED
Sprint Corporation
S
| $603M | 0.55% | 103,567,744 -60,525,665 | -37% | -$352M |
|
54
Cemex
CX
$13.2B
| $602M | 0.55% | 124,800,090 -911,670 | -0.7% | -$4.39M |
|
55
AT&T
T
$209B
| $591M | 0.54% | 20,692,684 -8,141,763 | -28% | -$232M |
|
|
56
Union Pacific
UNP
$133B
| $587M | 0.54% | 4,244,168 -5,810,406 | -58% | -$803M |
|
|
TFCF
57
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $577M | 0.53% | 12,083,660 -388,750 | -3% | -$18.6M |
|
|
58
Medtronic
MDT
$119B
| $550M | 0.5% | 6,047,948 -11,614,334 | -66% | -$1.06B |
|
59
Aegon
AEG
$12.3B
| $503M | 0.46% | 108,208,391 +868,941 | +0.8% | +$4.04M |
|
60
Molson Coors Class B
TAP
$9.98B
| $484M | 0.44% | 8,616,173 +248,732 | +3% | +$14M |
|
61
Danaher
DHR
$147B
| $484M | 0.44% | 4,690,968 -119,850 | -2% | -$12.4M |
|
62
Dell
DELL
$82.6B
| $474M | 0.43% | 9,695,027 -6,310,326 | -39% | -$308M |
|
|
DISH
63
DELISTED
DISH Network Corp.
DISH
| $473M | 0.43% | 18,931,596 +175,550 | +0.9% | +$4.38M |
|
|
MXIM
64
DELISTED
Maxim Integrated Products
MXIM
| $439M | 0.4% | 8,640,080 -378,100 | -4% | -$19.2M |
|
65
NOV
NOV
$4.94B
| $415M | 0.38% | 16,133,946 -10,534,609 | -40% | -$271M |
|
66
Altice USA
ATUS
$1.1B
| $411M | 0.38% | 24,852,965 -3,396,112 | -12% | -$56.1M |
|
67
Liberty Global Class A
LBTYA
$4B
| $405M | 0.37% | 18,957,003 -13,533 | -0.1% | -$289K |
|
|
CXO
68
DELISTED
CONCHO RESOURCES INC.
CXO
| $401M | 0.37% | 3,901,302 -150,721 | -4% | -$15.5M |
|
69
Nutrien
NTR
$28B
| $384M | 0.35% | 8,171,308 -1,639,168 | -17% | -$77M |
|
70
Mattel
MAT
$5.9B
| $353M | 0.32% | 35,371,257 -248,928 | -0.7% | -$2.49M |
|
71
Alnylam Pharmaceuticals
ALNY
$58.5B
| $342M | 0.31% | 4,690,251 +34,600 | +0.7% | +$2.52M |
|
72
Alibaba
BABA
$322B
| $339M | 0.31% | +2,471,800 | New | +$339M |
|
73
Harley-Davidson
HOG
$3.54B
| $332M | 0.3% | 9,719,872 -47,504 | -0.5% | -$1.62M |
|
|
GAP
74
The Gap, Inc.
GAP
$8.21B
| $324M | 0.3% | +12,567,882 | New | +$324M |
|
75
Brighthouse Financial
BHF
$2.7B
| $299M | 0.27% | 9,806,273 +5,953,679 | +155% | +$181M |
|