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 |
Schlumberger
SLB
|
$891M |
| 2 |
Danaher
DHR
|
$855M |
| 3 |
APA Corp
APA
|
$782M |
| 4 |
Cisco
CSCO
|
$769M |
| 5 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
$562M |
Top Sells
| 1 |
GE Aerospace
GE
|
$672M |
| 2 |
GSK
GSK
|
$625M |
| 3 |
Boston Scientific
BSX
|
$573M |
| 4 |
Comcast
CMCSA
|
$497M |
| 5 |
eBay
EBAY
|
$495M |
Sector Composition
| 1 | Financials | 21.94% |
| 2 | Technology | 21.34% |
| 3 | Healthcare | 16.15% |
| 4 | Communication Services | 15.77% |
| 5 | Energy | 10.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Adobe
ADBE
$151B
| $35.4M | 0.03% | 487,612 -6,573,759 | -93% | -$478M |
|
77
Ericsson
ERIC
$26.2B
| $25.7M | 0.02% | 2,122,034 +23,850 | +1% | +$289K |
|
78
HSBC
HSBC
$224B
| $25.4M | 0.02% | 538,188 -9,307,099 | -95% | -$440M |
|
79
Travelers Companies
TRV
$61.1B
| $24.7M | 0.02% | 233,380 -6,960 | -3% | -$737K |
|
|
CS
80
DELISTED
Credit Suisse Group
CS
| $20.2M | 0.02% | 806,776 -32,799 | -4% | -$823K |
|
81
American Express
AXP
$231B
| $19.6M | 0.02% | 210,950 -7,188 | -3% | -$669K |
|
82
IBM
IBM
$227B
| $19.5M | 0.02% | 121,357 -3,808 | -3% | -$611K |
|
83
Unilever
UL
$155B
| $18.7M | 0.02% | 461,018 -7,610,850 | -94% | -$308M |
|
84
Vulcan Materials
VMC
$38.5B
| $17.8M | 0.02% | 271,434 -3,904,032 | -93% | -$257M |
|
85
Occidental Petroleum
OXY
$46.9B
| $17.2M | 0.02% | 212,834 -15,302 | -7% | -$1.23M |
|
|
86
Boston Scientific
BSX
$156B
| $15.7M | 0.01% | 1,184,730 -43,273,608 | -97% | -$573M |
|
87
Procter & Gamble
PG
$368B
| $15.6M | 0.01% | 171,022 -8,601 | -5% | -$783K |
|
88
Exxon Mobil
XOM
$487B
| $15.4M | 0.01% | 166,484 -2,876 | -2% | -$266K |
|
|
MHFI
89
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $13.1M | 0.01% | 147,489 -77,041 | -34% | -$6.86M |
|
90
Home Depot
HD
$405B
| $13.1M | 0.01% | 124,711 -15,090 | -11% | -$1.58M |
|
|
CB
91
DELISTED
CHUBB CORPORATION
CB
| $13M | 0.01% | 125,659 -2,960 | -2% | -$306K |
|
92
Diageo
DEO
$62.1B
| $12.7M | 0.01% | 111,051 -4,821 | -4% | -$550K |
|
93
Amgen
AMGN
$155B
| $10.6M | 0.01% | 66,427 -6,480 | -9% | -$1.03M |
|
94
US Bancorp
USB
$76B
| $9.95M | 0.01% | 221,434 -4,200 | -2% | -$189K |
|
|
CSC
95
DELISTED
Computer Sciences
CSC
| $8.13M | 0.01% | 128,908 -40,410 | -24% | -$2.55M |
|
|
COV
96
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $8.05M | 0.01% | 78,686 -10,331 | -12% | -$1.06M |
|
97
Thermo Fisher Scientific
TMO
$186B
| $7.04M | 0.01% | 56,202 -880 | -2% | -$110K |
|
98
Walt Disney
DIS
$213B
| $6.39M | 0.01% | 67,854 | – | – |
|
99
Caterpillar
CAT
$196B
| $6.21M | 0.01% | 67,830 -3,789 | -5% | -$347K |
|
100
Bristol-Myers Squibb
BMY
$96B
| $5.37M | 0.01% | 91,028 +600 | +0.7% | +$35.4K |
|