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
|
$1.06B |
| 2 |
American Electric Power
AEP
|
$978M |
| 3 |
Charter Communications
CHTR
|
$920M |
| 4 |
CVS Health
CVS
|
$845M |
| 5 |
Johnson Controls International
JCI
|
$793M |
Top Sells
| 1 |
Ovintiv
OVV
|
$742M |
| 2 |
Microchip Technology
MCHP
|
$696M |
| 3 |
Microsoft
MSFT
|
$560M |
| 4 |
UBS Group
UBS
|
$520M |
| 5 |
Otis Worldwide
OTIS
|
$497M |
Sector Composition
| 1 | Financials | 22.08% |
| 2 | Healthcare | 21.18% |
| 3 | Technology | 13.05% |
| 4 | Communication Services | 11.27% |
| 5 | Industrials | 11.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
BioMarin Pharmaceuticals
BMRN
$11.2B
| $1.22B | 0.71% | 13,992,943 -1,120 | -0% | -$97.8K |
|
52
Cisco
CSCO
$274B
| $1.2B | 0.69% | 23,969,309 -121,903 | -0.5% | -$6.08M |
|
53
Novartis
NVS
$245B
| $1.2B | 0.69% | 12,353,985 -811,553 | -6% | -$78.5M |
|
54
Baxter International
BAX
$12.7B
| $1.18B | 0.68% | 27,501,895 +120,430 | +0.4% | +$5.15M |
|
55
Celanese
CE
$5.22B
| $1.17B | 0.68% | 6,826,652 -22,675 | -0.3% | -$3.9M |
|
56
Dominion Energy
D
$51.1B
| $1.12B | 0.65% | 22,865,698 +65,315 | +0.3% | +$3.21M |
|
57
HP
HPQ
$26.7B
| $1.07B | 0.62% | 35,350,611 -62,696 | -0.2% | -$1.89M |
|
|
GAP
58
The Gap, Inc.
GAP
$8.21B
| $995M | 0.58% | 36,133,428 -957,250 | -3% | -$26.4M |
|
|
59
American Electric Power
AEP
$59.4B
| $978M | 0.57% | +11,364,305 | New | +$978M |
|
60
Molson Coors Class B
TAP
$9.98B
| $976M | 0.57% | 14,514,739 -137,275 | -0.9% | -$9.23M |
|
61
Credicorp
BAP
$20.4B
| $935M | 0.54% | 5,518,080 -12,900 | -0.2% | -$2.19M |
|
62
Coherent
COHR
$14.1B
| $915M | 0.53% | 15,098,388 -3,637,020 | -19% | -$220M |
|
63
Fox Class A
FOXA
$26.6B
| $903M | 0.52% | 28,884,776 -129,871 | -0.4% | -$4.06M |
|
64
Bristol-Myers Squibb
BMY
$96B
| $882M | 0.51% | 16,267,041 +66,757 | +0.4% | +$3.62M |
|
65
Incyte
INCY
$16.5B
| $878M | 0.51% | 15,416,043 -674,378 | -4% | -$38.4M |
|
66
Hewlett Packard
HPE
$29.6B
| $860M | 0.5% | 48,493,872 -5,688,801 | -10% | -$101M |
|
67
Carrier Global
CARR
$55.5B
| $836M | 0.49% | 14,381,701 -43,055 | -0.3% | -$2.5M |
|
68
Honda
HMC
$44.4B
| $828M | 0.48% | 22,244,375 -9,404,685 | -30% | -$350M |
|
|
69
Microchip Technology
MCHP
$35.1B
| $779M | 0.45% | 8,688,028 -7,761,231 | -47% | -$696M |
|
70
XP
XP
$9.56B
| $762M | 0.44% | 29,685,045 -543,800 | -2% | -$14M |
|
71
Aegon
AEG
$12.3B
| $758M | 0.44% | 125,270,017 +294,300 | +0.2% | +$1.78M |
|
72
Sun Communities
SUI
$15.9B
| $697M | 0.4% | +5,418,615 | New | +$697M |
|
73
Nutrien
NTR
$28B
| $666M | 0.39% | 12,255,459 +804,500 | +7% | +$43.7M |
|
74
JD.com
JD
$44.1B
| $655M | 0.38% | 23,931,049 +1,986,500 | +9% | +$54.4M |
|
75
Linde
LIN
$224B
| $616M | 0.36% | 1,326,990 | – | – |
|