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 |
GE HealthCare
GEHC
|
$1.3B |
| 2 |
Dominion Energy
D
|
$829M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
$351M |
| 4 |
Amazon
AMZN
|
$341M |
| 5 |
Medtronic
MDT
|
$249M |
Top Sells
| 1 |
Meta Platforms (Facebook)
META
|
$939M |
| 2 |
American Express
AXP
|
$619M |
| 3 |
PayPal
PYPL
|
$567M |
| 4 |
Baidu
BIDU
|
$481M |
| 5 |
GE Aerospace
GE
|
$248M |
Sector Composition
| 1 | Financials | 19.93% |
| 2 | Healthcare | 19.3% |
| 3 | Technology | 17.15% |
| 4 | Communication Services | 13.11% |
| 5 | Industrials | 10.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Williams Companies
WMB
$70.7B
| $1.17B | 0.8% | 39,227,254 -130,011 | -0.3% | -$3.88M |
|
52
Bristol-Myers Squibb
BMY
$96B
| $1.14B | 0.78% | 16,469,182 -75,162 | -0.5% | -$5.21M |
|
53
Teck Resources
TECK
$16.7B
| $1.01B | 0.69% | 27,691,040 +616,700 | +2% | +$22.5M |
|
54
Baker Hughes
BKR
$44.8B
| $983M | 0.67% | 34,072,354 +3,065,517 | +10% | +$88.5M |
|
55
Ovintiv
OVV
$10.8B
| $975M | 0.66% | 27,016,020 +5,361,244 | +25% | +$193M |
|
56
CVS Health
CVS
$92.8B
| $937M | 0.64% | 12,606,849 +5,962 | +0% | +$443K |
|
57
Hewlett Packard
HPE
$29.6B
| $916M | 0.62% | 57,477,275 -3,165,393 | -5% | -$50.4M |
|
58
Haleon
HLN
$43.9B
| $912M | 0.62% | 112,055,605 +15,545,632 | +16% | +$127M |
|
59
Nutrien
NTR
$28B
| $852M | 0.58% | 11,533,359 +789,300 | +7% | +$58.3M |
|
|
60
Dominion Energy
D
$51.1B
| $829M | 0.56% | +14,825,633 | New | +$829M |
|
61
Elanco Animal Health
ELAN
$9.12B
| $797M | 0.54% | 84,774,075 -1,000 | -0% | -$9.4K |
|
62
Alnylam Pharmaceuticals
ALNY
$58.5B
| $780M | 0.53% | 3,894,535 -696,247 | -15% | -$139M |
|
63
NetEase
NTES
$86.2B
| $774M | 0.53% | 8,752,269 -44,189 | -0.5% | -$3.91M |
|
64
Celanese
CE
$5.22B
| $771M | 0.53% | 7,077,852 -31,672 | -0.4% | -$3.45M |
|
65
Dell
DELL
$82.6B
| $743M | 0.51% | 18,472,951 -745,008 | -4% | -$30M |
|
66
Coherent
COHR
$14.1B
| $737M | 0.5% | 19,342,695 +286,246 | +2% | +$10.9M |
|
67
Credicorp
BAP
$20.4B
| $734M | 0.5% | 5,540,562 +435,900 | +9% | +$57.7M |
|
68
Truist Financial
TFC
$60.4B
| $696M | 0.47% | 20,410,797 +1,614,219 | +9% | +$55M |
|
69
Carrier Global
CARR
$55.5B
| $681M | 0.46% | 14,893,181 -1,490,975 | -9% | -$68.2M |
|
70
Zimmer Biomet
ZBH
$21B
| $636M | 0.43% | 4,921,750 -25,700 | -0.5% | -$3.32M |
|
71
JD.com
JD
$44.1B
| $624M | 0.43% | 14,221,949 +188,100 | +1% | +$8.26M |
|
72
Occidental Petroleum Corporation Warrants to Purchase Common Stock
OXY.WS
$24B
| $587M | 0.4% | 14,319,379 -79,259 | -0.6% | -$3.25M |
|
|
73
Medtronic
MDT
$119B
| $579M | 0.39% | 7,183,890 +3,088,831 | +75% | +$249M |
|
74
Aegon
AEG
$12.3B
| $541M | 0.37% | 125,808,795 -302,600 | -0.2% | -$1.3M |
|
75
Linde
LIN
$224B
| $482M | 0.33% | 1,355,190 | – | – |
|