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 |
Meta Platforms (Facebook)
META
|
$1.03B |
| 2 |
VMW
VMware, Inc
VMW
|
$879M |
| 3 |
Carrier Global
CARR
|
$805M |
| 4 |
Williams Companies
WMB
|
$697M |
| 5 |
Otis Worldwide
OTIS
|
$542M |
Top Sells
| 1 |
S
Sprint Corporation
S
|
$769M |
| 2 |
AstraZeneca
AZN
|
$587M |
| 3 |
UnitedHealth
UNH
|
$521M |
| 4 |
MXIM
Maxim Integrated Products
MXIM
|
$510M |
| 5 |
Bristol-Myers Squibb
BMY
|
$454M |
Sector Composition
| 1 | Financials | 24.21% |
| 2 | Technology | 18.93% |
| 3 | Healthcare | 15.58% |
| 4 | Communication Services | 14.38% |
| 5 | Energy | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Molson Coors Class B
TAP
$9.98B
| $794M | 0.73% | 23,108,338 +1,035,605 | +5% | +$35.6M |
|
52
APA Corp
APA
$8.31B
| $733M | 0.67% | 54,275,112 -466,545 | -0.9% | -$6.3M |
|
|
53
Williams Companies
WMB
$70.7B
| $697M | 0.64% | +36,658,928 | New | +$697M |
|
54
Alnylam Pharmaceuticals
ALNY
$58.5B
| $697M | 0.64% | 4,703,671 -389,675 | -8% | -$57.7M |
|
55
Alibaba
BABA
$322B
| $635M | 0.58% | 2,942,100 -184,000 | -6% | -$39.7M |
|
56
Halliburton
HAL
$19.4B
| $634M | 0.58% | 48,835,006 -49,923 | -0.1% | -$648K |
|
57
Linde
LIN
$224B
| $608M | 0.56% | 2,886,759 -671,500 | -19% | -$141M |
|
58
Liberty Global Class C
LBTYK
$4.07B
| $605M | 0.56% | 28,145,168 -4,888,200 | -15% | -$105M |
|
|
QVCGA
59
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $593M | 0.55% | 62,458,519 -271,865 | -0.4% | -$2.58M |
|
|
60
Otis Worldwide
OTIS
$33.9B
| $542M | 0.5% | +9,527,858 | New | +$542M |
|
61
JD.com
JD
$44.1B
| $541M | 0.5% | 8,986,177 -3,930,700 | -30% | -$237M |
|
62
Medtronic
MDT
$119B
| $534M | 0.49% | 5,827,186 +233,815 | +4% | +$21.4M |
|
63
BioMarin Pharmaceuticals
BMRN
$11.2B
| $446M | 0.41% | 3,615,740 -326,768 | -8% | -$40.3M |
|
64
Nutrien
NTR
$28B
| $443M | 0.41% | 13,812,614 +3,956,255 | +40% | +$127M |
|
65
LyondellBasell Industries
LYB
$18.1B
| $399M | 0.37% | +6,073,720 | New | +$399M |
|
66
T-Mobile US
TMUS
$284B
| $383M | 0.35% | +3,674,887 | New | +$383M |
|
67
Incyte
INCY
$16.5B
| $382M | 0.35% | 3,673,750 -318,850 | -8% | -$33.2M |
|
68
Ovintiv
OVV
$10.8B
| $361M | 0.33% | 37,767,797 -250,000 | -0.7% | -$2.39M |
|
|
GAP
69
The Gap, Inc.
GAP
$8.21B
| $360M | 0.33% | 28,524,381 -135,545 | -0.5% | -$1.71M |
|
70
Televisa
TV
$1.49B
| $356M | 0.33% | 67,896,520 -250,000 | -0.4% | -$1.31M |
|
71
Aegon
AEG
$12.3B
| $342M | 0.31% | 116,421,601 +2,014,684 | +2% | +$5.92M |
|
72
NOV
NOV
$4.94B
| $305M | 0.28% | 24,862,742 -1,140,600 | -4% | -$14M |
|
73
Cemex
CX
$13.2B
| $304M | 0.28% | 105,679,790 -318,100 | -0.3% | -$916K |
|
74
Brighthouse Financial
BHF
$2.7B
| $278M | 0.26% | 10,007,783 -6,230 | -0.1% | -$173K |
|
75
Fox Class B
FOX
$24.3B
| $245M | 0.23% | 9,123,770 +2,936,253 | +47% | +$78.8M |
|