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 |
International Flavors & Fragrances
IFF
|
$1.25B |
| 2 |
Avantor
AVTR
|
$1.09B |
| 3 |
RTX Corp
RTX
|
$813M |
| 4 |
Zimmer Biomet
ZBH
|
$809M |
| 5 |
Baxter International
BAX
|
$678M |
Top Sells
| 1 |
VMW
VMware, Inc
VMW
|
$3.29B |
| 2 |
UBS Group
UBS
|
$1.38B |
| 3 |
Dell
DELL
|
$821M |
| 4 |
GE Aerospace
GE
|
$697M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$582M |
Sector Composition
| 1 | Financials | 22.64% |
| 2 | Healthcare | 20.84% |
| 3 | Technology | 13.51% |
| 4 | Communication Services | 11.87% |
| 5 | Industrials | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
International Flavors & Fragrances
IFF
$17.3B
| $1.25B | 0.79% | +15,440,725 | New | +$1.25B |
|
52
Cisco
CSCO
$274B
| $1.22B | 0.77% | 24,091,212 -4,687,904 | -16% | -$237M |
|
53
Dominion Energy
D
$51.1B
| $1.07B | 0.68% | 22,800,383 +6,472,100 | +40% | +$304M |
|
54
HP
HPQ
$26.7B
| $1.07B | 0.68% | 35,413,307 -370,775 | -1% | -$11.2M |
|
55
Celanese
CE
$5.22B
| $1.06B | 0.68% | 6,849,327 -105,910 | -2% | -$16.5M |
|
|
56
Baxter International
BAX
$12.7B
| $1.06B | 0.67% | 27,381,465 +17,533,024 | +178% | +$678M |
|
|
JNPR
57
DELISTED
Juniper Networks
JNPR
| $1.02B | 0.65% | 34,469,105 -243,875 | -0.7% | -$7.19M |
|
58
Incyte
INCY
$16.5B
| $1.01B | 0.64% | 16,090,421 -325,690 | -2% | -$20.5M |
|
59
Ovintiv
OVV
$10.8B
| $1.01B | 0.64% | 22,955,251 -5,351,825 | -19% | -$235M |
|
60
Honda
HMC
$44.4B
| $978M | 0.62% | 31,649,060 -9,675,740 | -23% | -$299M |
|
61
Hewlett Packard
HPE
$29.6B
| $920M | 0.58% | 54,182,673 -568,300 | -1% | -$9.65M |
|
62
Haleon
HLN
$43.9B
| $911M | 0.58% | 110,663,098 +1,265,239 | +1% | +$10.4M |
|
63
Molson Coors Class B
TAP
$9.98B
| $897M | 0.57% | 14,652,014 -36,650 | -0.2% | -$2.24M |
|
64
Fox Class A
FOXA
$26.6B
| $861M | 0.55% | 29,014,647 -1,027,233 | -3% | -$30.5M |
|
65
Bristol-Myers Squibb
BMY
$96B
| $831M | 0.53% | 16,200,284 -32,824 | -0.2% | -$1.68M |
|
66
Credicorp
BAP
$20.4B
| $829M | 0.53% | 5,530,980 +105,818 | +2% | +$15.9M |
|
67
Carrier Global
CARR
$55.5B
| $829M | 0.53% | 14,424,756 -81,200 | -0.6% | -$4.66M |
|
68
Coherent
COHR
$14.1B
| $816M | 0.52% | 18,735,408 +7,619 | +0% | +$332K |
|
69
XP
XP
$9.56B
| $788M | 0.5% | 30,228,845 -51,600 | -0.2% | -$1.35M |
|
|
GAP
70
The Gap, Inc.
GAP
$8.21B
| $776M | 0.49% | 37,090,678 -247,700 | -0.7% | -$5.18M |
|
71
Teck Resources
TECK
$16.7B
| $774M | 0.49% | 18,313,640 -197,600 | -1% | -$8.35M |
|
72
Aegon
AEG
$12.3B
| $720M | 0.46% | 124,975,717 -560,100 | -0.4% | -$3.23M |
|
73
Alnylam Pharmaceuticals
ALNY
$58.5B
| $703M | 0.45% | 3,674,310 -72,845 | -2% | -$13.9M |
|
74
Nutrien
NTR
$28B
| $645M | 0.41% | 11,450,959 -99,400 | -0.9% | -$5.6M |
|
75
JD.com
JD
$44.1B
| $634M | 0.4% | 21,944,549 +3,482,900 | +19% | +$101M |
|