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 |
NOV
NOV
|
$1.02B |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
$449M |
| 3 |
EMC
EMC CORPORATION
EMC
|
$431M |
| 4 |
JPMorgan Chase
JPM
|
$329M |
| 5 |
Liberty Global Class C
LBTYK
|
$247M |
Top Sells
| 1 |
Merck
MRK
|
$502M |
| 2 |
Xerox
XRX
|
$484M |
| 3 |
Vodafone
VOD
|
$350M |
| 4 |
FRX
FOREST LABORATORIES INC
FRX
|
$347M |
| 5 |
BHI
Baker Hughes
BHI
|
$347M |
Sector Composition
| 1 | Financials | 21.58% |
| 2 | Technology | 20.37% |
| 3 | Healthcare | 18.65% |
| 4 | Communication Services | 13.43% |
| 5 | Energy | 11.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Union Pacific
UNP
$133B
| $33.2M | 0.03% | 176,999 -2,433 | -1% | -$457K |
|
|
CS
77
DELISTED
Credit Suisse Group
CS
| $27.8M | 0.03% | 858,396 -2,530 | -0.3% | -$81.9K |
|
78
Ericsson
ERIC
$26.2B
| $26.7M | 0.03% | 2,001,374 +16,600 | +0.8% | +$221K |
|
79
IBM
IBM
$227B
| $25.1M | 0.03% | 130,151 -3,197 | -2% | -$615K |
|
80
Occidental Petroleum
OXY
$46.9B
| $24.3M | 0.02% | 254,753 -38,784 | -13% | -$3.7M |
|
81
Travelers Companies
TRV
$61.1B
| $22.7M | 0.02% | 267,050 -13,900 | -5% | -$1.18M |
|
82
American Express
AXP
$231B
| $20M | 0.02% | 222,225 -1,461 | -0.7% | -$132K |
|
83
Exxon Mobil
XOM
$487B
| $16.6M | 0.02% | 169,592 -1,984 | -1% | -$194K |
|
84
Diageo
DEO
$62.1B
| $15.4M | 0.02% | 123,785 -21,273 | -15% | -$2.65M |
|
85
Home Depot
HD
$405B
| $14.6M | 0.02% | 184,779 -115,585 | -38% | -$9.15M |
|
86
Procter & Gamble
PG
$368B
| $14.1M | 0.01% | 175,365 -2,155 | -1% | -$174K |
|
87
Amgen
AMGN
$155B
| $13M | 0.01% | 105,757 -30,863 | -23% | -$3.81M |
|
|
CB
88
DELISTED
CHUBB CORPORATION
CB
| $12.2M | 0.01% | 136,262 -1,600 | -1% | -$143K |
|
89
Target
TGT
$43.6B
| $11.7M | 0.01% | 194,022 -2,842 | -1% | -$172K |
|
90
US Bancorp
USB
$76B
| $10.7M | 0.01% | 249,903 -40,681 | -14% | -$1.74M |
|
91
Thermo Fisher Scientific
TMO
$186B
| $10.4M | 0.01% | 86,702 -12,200 | -12% | -$1.47M |
|
|
COV
92
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $7.48M | 0.01% | 101,517 -9,800 | -9% | -$722K |
|
93
Caterpillar
CAT
$196B
| $7.23M | 0.01% | 72,745 -105 | -0.1% | -$10.4K |
|
94
McDonald's
MCD
$224B
| $5.92M | 0.01% | 60,419 -3,259 | -5% | -$319K |
|
|
95
Xerox
XRX
$501M
| $5.75M | 0.01% | 508,721 -42,834,438 | -99% | -$484M |
|
96
Walt Disney
DIS
$213B
| $5.11M | 0.01% | 63,770 -20,100 | -24% | -$1.61M |
|
97
Motorola Solutions
MSI
$78.7B
| $4.66M | ﹤0.01% | 72,424 -6,000 | -8% | -$386K |
|
98
3M
MMM
$82.8B
| $4.22M | ﹤0.01% | 31,088 -500 | -2% | -$67.8K |
|
99
Bristol-Myers Squibb
BMY
$96B
| $4.11M | ﹤0.01% | 79,121 -800 | -1% | -$41.6K |
|
100
Johnson & Johnson
JNJ
$427B
| $3.79M | ﹤0.01% | 38,625 | – | – |
|