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 |
VMW
VMware, Inc
VMW
|
$1.99B |
| 2 |
Microchip Technology
MCHP
|
$1.2B |
| 3 |
Fiserv
FI
|
$1.03B |
| 4 |
Meta Platforms (Facebook)
META
|
$986M |
| 5 |
AB InBev
BUD
|
$911M |
Top Sells
| 1 |
Microsoft
MSFT
|
$742M |
| 2 |
American Express
AXP
|
$573M |
| 3 |
APA Corp
APA
|
$407M |
| 4 |
Wells Fargo
WFC
|
$296M |
| 5 |
HP
HPQ
|
$281M |
Sector Composition
| 1 | Financials | 24.36% |
| 2 | Technology | 18.85% |
| 3 | Healthcare | 17.34% |
| 4 | Communication Services | 14.97% |
| 5 | Industrials | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Baker Hughes
BKR
$44.8B
| $1.11B | 0.69% | 46,096,111 -4,384,963 | -9% | -$106M |
|
52
Nutrien
NTR
$28B
| $1.08B | 0.67% | 14,386,759 -1,375,100 | -9% | -$103M |
|
53
Carrier Global
CARR
$55.5B
| $1.07B | 0.66% | 19,679,517 -2,062,925 | -9% | -$112M |
|
54
Alibaba
BABA
$322B
| $1.06B | 0.65% | 8,899,470 +898,400 | +11% | +$107M |
|
55
Baidu
BIDU
$32.8B
| $1.02B | 0.63% | 6,831,355 +543,004 | +9% | +$80.8M |
|
56
Truist Financial
TFC
$60.4B
| $957M | 0.59% | 16,347,518 +1,293,701 | +9% | +$75.7M |
|
57
Alnylam Pharmaceuticals
ALNY
$58.5B
| $921M | 0.57% | 5,431,068 +58,968 | +1% | +$10M |
|
|
58
AB InBev
BUD
$122B
| $911M | 0.56% | +15,040,157 | New | +$911M |
|
59
JD.com
JD
$44.1B
| $754M | 0.47% | 10,765,249 +1,055,400 | +11% | +$74M |
|
60
Ovintiv
OVV
$10.8B
| $736M | 0.46% | 21,828,737 -643,723 | -3% | -$21.7M |
|
|
HES
61
DELISTED
Hess
HES
| $716M | 0.44% | 9,672,701 -1,987,435 | -17% | -$147M |
|
62
Teck Resources
TECK
$16.7B
| $695M | 0.43% | 24,098,340 +829,000 | +4% | +$23.9M |
|
63
Credicorp
BAP
$20.4B
| $678M | 0.42% | 5,556,977 +165,531 | +3% | +$20.2M |
|
64
Elanco Animal Health
ELAN
$9.12B
| $631M | 0.39% | 22,218,300 +18,579,176 | +511% | +$527M |
|
65
Televisa
TV
$1.49B
| $607M | 0.38% | 64,751,320 +1,350,000 | +2% | +$12.6M |
|
66
Aegon
AEG
$12.3B
| $571M | 0.35% | 115,664,156 +3,657,900 | +3% | +$18.1M |
|
67
Brighthouse Financial
BHF
$2.7B
| $490M | 0.3% | 9,452,287 -77,107 | -0.8% | -$3.99M |
|
68
TC Energy
TRP
$54.1B
| $477M | 0.3% | 10,259,000 +400,000 | +4% | +$18.6M |
|
69
Linde
LIN
$224B
| $472M | 0.29% | 1,354,735 +55,000 | +4% | +$19.2M |
|
70
Otis Worldwide
OTIS
$33.9B
| $468M | 0.29% | 5,369,897 -356,151 | -6% | -$31M |
|
71
Medtronic
MDT
$119B
| $466M | 0.29% | 4,504,150 -118,269 | -3% | -$12.2M |
|
72
Fox Class B
FOX
$24.3B
| $439M | 0.27% | 12,808,314 -288,699 | -2% | -$9.89M |
|
|
GAP
73
The Gap, Inc.
GAP
$8.21B
| $432M | 0.27% | 24,490,528 +1,381,050 | +6% | +$24.4M |
|
|
QVCGA
74
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $391M | 0.24% | 51,455,745 -379,933 | -0.7% | -$2.89M |
|
75
Alphabet (Google) Class A
GOOGL
$2.57T
| $328M | 0.2% | 113,063 -520 | -0.5% | -$1.51M |
|