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 |
Occidental Petroleum
OXY
|
$1.21B |
| 2 |
Cognizant
CTSH
|
$1.09B |
| 3 |
HES
Hess
HES
|
$613M |
| 4 |
Microchip Technology
MCHP
|
$568M |
| 5 |
HP
HPQ
|
$518M |
Top Sells
| 1 |
APC
Anadarko Petroleum
APC
|
$1.67B |
| 2 |
Comcast
CMCSA
|
$1.31B |
| 3 |
Eli Lilly
LLY
|
$645M |
| 4 |
AT&T
T
|
$643M |
| 5 |
Union Pacific
UNP
|
$636M |
Sector Composition
| 1 | Financials | 24.18% |
| 2 | Healthcare | 17.09% |
| 3 | Technology | 15.54% |
| 4 | Communication Services | 14.39% |
| 5 | Energy | 8.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Molson Coors Class B
TAP
$9.98B
| $776M | 0.63% | 13,862,998 +394,149 | +3% | +$22.1M |
|
52
JD.com
JD
$44.1B
| $767M | 0.62% | 25,321,077 -9,031,100 | -26% | -$274M |
|
53
Dell
DELL
$82.6B
| $744M | 0.6% | 14,640,837 +211,600 | +1% | +$10.7M |
|
54
Halliburton
HAL
$19.4B
| $687M | 0.56% | 30,190,200 +1,528,036 | +5% | +$34.7M |
|
|
S
55
DELISTED
Sprint Corporation
S
| $666M | 0.54% | 101,390,110 -2,483,238 | -2% | -$16.3M |
|
56
Danaher
DHR
$147B
| $657M | 0.53% | 4,593,968 -115,400 | -2% | -$16.5M |
|
57
Medtronic
MDT
$119B
| $646M | 0.52% | 6,629,524 +849,376 | +15% | +$82.7M |
|
58
Fox Class A
FOXA
$26.6B
| $642M | 0.52% | 17,523,610 +4,245,358 | +32% | +$156M |
|
|
CXO
59
DELISTED
CONCHO RESOURCES INC.
CXO
| $629M | 0.51% | 6,097,148 +1,794,500 | +42% | +$185M |
|
|
HES
60
DELISTED
Hess
HES
| $613M | 0.5% | +9,649,119 | New | +$613M |
|
61
Alibaba
BABA
$322B
| $607M | 0.49% | 3,582,500 +830,700 | +30% | +$141M |
|
62
Televisa
TV
$1.49B
| $593M | 0.48% | 70,248,420 +11,713,600 | +20% | +$98.9M |
|
63
Aegon
AEG
$12.3B
| $552M | 0.45% | 111,576,337 +3,033,998 | +3% | +$15M |
|
|
MXIM
64
DELISTED
Maxim Integrated Products
MXIM
| $534M | 0.43% | 8,925,293 +258,833 | +3% | +$15.5M |
|
65
Liberty Global Class A
LBTYA
$4B
| $501M | 0.41% | 18,569,703 | – | – |
|
66
NOV
NOV
$4.94B
| $494M | 0.4% | 22,205,068 +5,484,342 | +33% | +$122M |
|
67
Cemex
CX
$13.2B
| $466M | 0.38% | 109,801,890 +2,207,500 | +2% | +$9.36M |
|
68
Nutrien
NTR
$28B
| $432M | 0.35% | 8,072,408 | – | – |
|
69
Mattel
MAT
$5.9B
| $429M | 0.35% | 38,301,917 +1,283,656 | +3% | +$14.4M |
|
70
Alnylam Pharmaceuticals
ALNY
$58.5B
| $380M | 0.31% | 5,241,501 +243,500 | +5% | +$17.7M |
|
71
Brighthouse Financial
BHF
$2.7B
| $364M | 0.29% | 9,908,524 +4,359 | +0% | +$160K |
|
72
Incyte
INCY
$16.5B
| $358M | 0.29% | 4,209,175 -46,175 | -1% | -$3.92M |
|
73
Harley-Davidson
HOG
$3.54B
| $355M | 0.29% | 9,897,986 +88,514 | +0.9% | +$3.17M |
|
|
GAP
74
The Gap, Inc.
GAP
$8.21B
| $321M | 0.26% | 17,883,736 +212,808 | +1% | +$3.82M |
|
75
Fox Class B
FOX
$24.3B
| $189M | 0.15% | 5,169,179 +1,139,584 | +28% | +$41.6M |
|