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 |
BioMarin Pharmaceuticals
BMRN
|
$371M |
| 2 |
FedEx
FDX
|
$339M |
| 3 |
UnitedHealth
UNH
|
$303M |
| 4 |
Charles Schwab
SCHW
|
$225M |
| 5 |
Baidu
BIDU
|
$214M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
$1.01B |
| 2 |
AstraZeneca
AZN
|
$542M |
| 3 |
Johnson Controls International
JCI
|
$386M |
| 4 |
Capital One
COF
|
$201M |
| 5 |
TE Connectivity
TEL
|
$169M |
Sector Composition
| 1 | Financials | 25.13% |
| 2 | Healthcare | 18.68% |
| 3 | Technology | 14.5% |
| 4 | Communication Services | 13.82% |
| 5 | Energy | 10.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Molson Coors Class B
TAP
$9.98B
| $923M | 0.71% | 17,119,668 +2,075,670 | +14% | +$112M |
|
52
Televisa
TV
$1.49B
| $784M | 0.6% | 66,852,520 -3,395,900 | -5% | -$39.8M |
|
53
JD.com
JD
$44.1B
| $736M | 0.56% | 20,885,477 -6,300 | -0% | -$222K |
|
54
Liberty Global Class C
LBTYK
$4.07B
| $722M | 0.55% | 33,144,168 -231,200 | -0.7% | -$5.04M |
|
55
Ovintiv
OVV
$10.8B
| $667M | 0.51% | 142,186,287 +43,831,108 | +45% | +$206M |
|
56
Medtronic
MDT
$119B
| $630M | 0.48% | 5,549,939 -1,077,913 | -16% | -$122M |
|
57
Alibaba
BABA
$322B
| $620M | 0.47% | 2,921,500 -347,900 | -11% | -$73.8M |
|
58
Alnylam Pharmaceuticals
ALNY
$58.5B
| $605M | 0.46% | 5,251,321 -60,480 | -1% | -$6.97M |
|
59
NOV
NOV
$4.94B
| $571M | 0.44% | 22,776,867 -82,185 | -0.4% | -$2.06M |
|
|
MXIM
60
DELISTED
Maxim Integrated Products
MXIM
| $544M | 0.42% | 8,838,593 -169,750 | -2% | -$10.4M |
|
|
QVCGA
61
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $528M | 0.4% | 62,685,284 -348,130 | -0.6% | -$2.93M |
|
62
Mattel
MAT
$5.9B
| $528M | 0.4% | 38,932,308 +79,400 | +0.2% | +$1.08M |
|
|
S
63
DELISTED
Sprint Corporation
S
| $522M | 0.4% | 100,113,384 -1,034,559 | -1% | -$5.39M |
|
64
Aegon
AEG
$12.3B
| $517M | 0.4% | 114,191,707 -670,822 | -0.6% | -$3.04M |
|
|
GAP
65
The Gap, Inc.
GAP
$8.21B
| $503M | 0.39% | 28,449,226 +7,371,196 | +35% | +$130M |
|
|
MFGP
66
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $486M | 0.37% | 34,674,948 -970,517 | -3% | -$13.6M |
|
67
Cemex
CX
$13.2B
| $463M | 0.35% | 122,592,090 -3,597,100 | -3% | -$13.6M |
|
68
Liberty Global Class A
LBTYA
$4B
| $397M | 0.3% | 17,460,903 -1,108,800 | -6% | -$25.2M |
|
69
Brighthouse Financial
BHF
$2.7B
| $392M | 0.3% | 9,994,135 -83,820 | -0.8% | -$3.29M |
|
70
Nutrien
NTR
$28B
| $387M | 0.3% | 8,072,408 | – | – |
|
71
Harley-Davidson
HOG
$3.54B
| $372M | 0.29% | 10,012,436 -33,150 | -0.3% | -$1.23M |
|
|
72
BioMarin Pharmaceuticals
BMRN
$11.2B
| $371M | 0.28% | +4,389,515 | New | +$371M |
|
73
Incyte
INCY
$16.5B
| $328M | 0.25% | 3,758,750 -153,525 | -4% | -$13.4M |
|
74
Fox Class B
FOX
$24.3B
| $218M | 0.17% | 5,980,998 +49,464 | +0.8% | +$1.8M |
|
75
News Corp Class A
NWSA
$16.6B
| $194M | 0.15% | 13,714,762 -193,862 | -1% | -$2.74M |
|