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 |
UnitedHealth
UNH
|
$1.48B |
| 2 |
Regeneron Pharmaceuticals
REGN
|
$789M |
| 3 |
Teledyne Technologies
TDY
|
$767M |
| 4 |
AMRZ
Amrize Ltd
AMRZ
|
$622M |
| 5 |
Comcast
CMCSA
|
$609M |
Top Sells
| 1 |
Williams Companies
WMB
|
$1.58B |
| 2 |
Cisco
CSCO
|
$1.46B |
| 3 |
GE Aerospace
GE
|
$1.27B |
| 4 |
UBS Group
UBS
|
$913M |
| 5 |
Capital One
COF
|
$728M |
Sector Composition
| 1 | Healthcare | 23.24% |
| 2 | Financials | 18.09% |
| 3 | Industrials | 12.75% |
| 4 | Technology | 11.73% |
| 5 | Communication Services | 11.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AMRZ
76
Amrize Ltd
AMRZ
$28.8B
| $622M | 0.35% | +12,470,706 | New | +$622M |
|
77
JD.com
JD
$44.1B
| $611M | 0.34% | 18,705,949 +643,000 | +4% | +$21M |
|
78
Nutrien
NTR
$28B
| $587M | 0.33% | 10,076,659 -2,385,600 | -19% | -$139M |
|
|
RAL
79
Ralliant Corporation
RAL
$4.71B
| $524M | 0.29% | +10,797,506 | New | +$524M |
|
80
VF Corp
VFC
$5.91B
| $481M | 0.27% | 40,954,100 -7,375 | -0% | -$86.7K |
|
81
TC Energy
TRP
$54.1B
| $471M | 0.26% | 9,645,800 -840,800 | -8% | -$41M |
|
82
Baidu
BIDU
$32.8B
| $465M | 0.26% | 5,427,715 -13,100 | -0.2% | -$1.12M |
|
83
Microchip Technology
MCHP
$35.1B
| $446M | 0.25% | 6,339,800 +5,740,827 | +958% | +$404M |
|
84
Willis Towers Watson
WTW
$31.9B
| $392M | 0.22% | +1,278,423 | New | +$392M |
|
85
Bristol-Myers Squibb
BMY
$96B
| $391M | 0.22% | 8,436,759 -4,593,803 | -35% | -$213M |
|
86
News Corp Class A
NWSA
$16.6B
| $387M | 0.22% | 13,016,220 -830,078 | -6% | -$24.7M |
|
87
Yum China
YUMC
$16.4B
| $381M | 0.21% | 8,516,462 +3,300 | +0% | +$148K |
|
88
Fox Class B
FOX
$24.3B
| $377M | 0.21% | 7,308,816 -2,790,468 | -28% | -$144M |
|
89
EchoStar
SATS
$17.8B
| $371M | 0.21% | 13,398,270 -9,683 | -0.1% | -$268K |
|
90
NetEase
NTES
$86.2B
| $370M | 0.21% | 2,745,776 -57,888 | -2% | -$7.79M |
|
91
Archer Daniels Midland
ADM
$30.1B
| $346M | 0.19% | +6,549,624 | New | +$346M |
|
92
Teck Resources
TECK
$16.7B
| $342M | 0.19% | 8,467,540 -15,800 | -0.2% | -$638K |
|
93
Millicom
TIGO
$8.07B
| $331M | 0.19% | 8,836,132 +134,400 | +2% | +$5.04M |
|
94
HDFC Bank
HDB
$182B
| $229M | 0.13% | 2,982,400 -249,900 | -8% | -$19.2M |
|
95
Flutter Entertainment
FLUT
$54B
| $180M | 0.1% | 628,878 | – | – |
|
96
Coherent
COHR
$14.1B
| $154M | 0.09% | 1,731,595 -4,706,174 | -73% | -$420M |
|
97
Televisa
TV
$1.49B
| $141M | 0.08% | 64,208,690 -4,000 | -0% | -$8.76K |
|
|
SNRE
98
DELISTED
Sunrise Communications AG American Depositary Shares representing Class A shares
SNRE
| $129M | 0.07% | 2,289,925 | – | – |
|
99
Itaú Unibanco
ITUB
$77B
| $120M | 0.07% | 17,675,815 +182,400 | +1% | +$1.24M |
|
|
GAP
100
The Gap, Inc.
GAP
$8.21B
| $119M | 0.07% | 5,439,326 -23,295,385 | -81% | -$508M |
|