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 |
eBay
EBAY
|
$730M |
| 2 |
Cigna
CI
|
$387M |
| 3 |
Liberty Global Class A
LBTYA
|
$364M |
| 4 |
Walmart
WMT
|
$208M |
| 5 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
$207M |
Top Sells
| 1 |
GSK
GSK
|
$995M |
| 2 |
Nokia
NOK
|
$590M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
$525M |
| 4 |
HP
HPQ
|
$474M |
| 5 |
DuPont de Nemours
DD
|
$251M |
Sector Composition
| 1 | Financials | 21.16% |
| 2 | Technology | 20.44% |
| 3 | Healthcare | 16.97% |
| 4 | Communication Services | 14.78% |
| 5 | Energy | 11.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Union Pacific
UNP
$133B
| $36.4M | 0.03% | 335,694 -4,498 | -1% | -$488K |
|
77
Ericsson
ERIC
$26.2B
| $26.4M | 0.03% | 2,098,184 +55,610 | +3% | +$700K |
|
78
IBM
IBM
$227B
| $23.8M | 0.02% | 125,165 -2,255 | -2% | -$428K |
|
|
CS
79
DELISTED
Credit Suisse Group
CS
| $23.2M | 0.02% | 839,575 -17,041 | -2% | -$471K |
|
80
Travelers Companies
TRV
$61.1B
| $22.6M | 0.02% | 240,340 -7,010 | -3% | -$659K |
|
81
Occidental Petroleum
OXY
$46.9B
| $21.9M | 0.02% | 228,136 -7,333 | -3% | -$705K |
|
82
American Express
AXP
$231B
| $19.1M | 0.02% | 218,138 -2,345 | -1% | -$205K |
|
|
MHFI
83
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $19M | 0.02% | 224,530 -6,215,735 | -97% | -$525M |
|
84
Exxon Mobil
XOM
$487B
| $15.9M | 0.02% | 169,360 +108 | +0.1% | +$10.2K |
|
85
Procter & Gamble
PG
$368B
| $15M | 0.01% | 179,623 +4,903 | +3% | +$411K |
|
86
Diageo
DEO
$62.1B
| $13.4M | 0.01% | 115,872 -5,163 | -4% | -$596K |
|
87
Home Depot
HD
$405B
| $12.8M | 0.01% | 139,801 -9,628 | -6% | -$883K |
|
|
CB
88
DELISTED
CHUBB CORPORATION
CB
| $11.7M | 0.01% | 128,619 -4,893 | -4% | -$446K |
|
|
CSC
89
DELISTED
Computer Sciences
CSC
| $10.4M | 0.01% | 169,318 -2,159,868 | -93% | -$132M |
|
90
Amgen
AMGN
$155B
| $10.2M | 0.01% | 72,907 -12,950 | -15% | -$1.82M |
|
91
US Bancorp
USB
$76B
| $9.44M | 0.01% | 225,634 -16,750 | -7% | -$701K |
|
|
COV
92
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $7.7M | 0.01% | 89,017 -3,000 | -3% | -$260K |
|
93
Caterpillar
CAT
$196B
| $7.09M | 0.01% | 71,619 -700 | -1% | -$69.3K |
|
94
Thermo Fisher Scientific
TMO
$186B
| $6.95M | 0.01% | 57,082 -23,920 | -30% | -$2.91M |
|
95
Walt Disney
DIS
$213B
| $6.04M | 0.01% | 67,854 +4,530 | +7% | +$403K |
|
96
Johnson & Johnson
JNJ
$427B
| $5.02M | ﹤0.01% | 47,095 +8,470 | +22% | +$903K |
|
97
McDonald's
MCD
$224B
| $4.79M | ﹤0.01% | 50,529 -5,646 | -10% | -$535K |
|
98
Bristol-Myers Squibb
BMY
$96B
| $4.63M | ﹤0.01% | 90,428 +11,507 | +15% | +$589K |
|
99
Vodafone
VOD
$28.8B
| $4.59M | ﹤0.01% | 139,675 -193,651 | -58% | -$6.37M |
|
100
3M
MMM
$82.8B
| $4.33M | ﹤0.01% | 30,558 -400 | -1% | -$56.7K |
|