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 |
Booking.com
BKNG
|
$784M |
| 2 |
EMC
EMC CORPORATION
EMC
|
$737M |
| 3 |
Petrobras Class A
PBR.A
|
$470M |
| 4 |
Cisco
CSCO
|
$424M |
| 5 |
HP
HPQ
|
$369M |
Top Sells
| 1 |
AOL
AOL INC COMMON STOCK
AOL
|
$464M |
| 2 |
GSK
GSK
|
$456M |
| 3 |
CarMax
KMX
|
$404M |
| 4 |
Bank of New York Mellon
BK
|
$371M |
| 5 |
Nokia
NOK
|
$232M |
Sector Composition
| 1 | Financials | 22.33% |
| 2 | Technology | 19.62% |
| 3 | Healthcare | 16.6% |
| 4 | Communication Services | 16.32% |
| 5 | Energy | 11.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Ericsson
ERIC
$26.2B
| $22.5M | 0.02% | 2,152,858 +44,924 | +2% | +$469K |
|
|
CS
77
DELISTED
Credit Suisse Group
CS
| $22.4M | 0.02% | 812,199 -24,683 | -3% | -$681K |
|
78
Travelers Companies
TRV
$61.1B
| $21.1M | 0.02% | 217,841 -5,966 | -3% | -$577K |
|
79
IBM
IBM
$227B
| $18.3M | 0.02% | 112,652 -5,550 | -5% | -$903K |
|
80
Occidental Petroleum
OXY
$46.9B
| $15.6M | 0.01% | 200,081 -4,303 | -2% | -$335K |
|
81
American Express
AXP
$231B
| $15.1M | 0.01% | 194,523 -7,450 | -4% | -$579K |
|
82
Exxon Mobil
XOM
$487B
| $13M | 0.01% | 156,552 -4,480 | -3% | -$373K |
|
83
Procter & Gamble
PG
$368B
| $12.5M | 0.01% | 160,370 -5,732 | -3% | -$448K |
|
84
Vulcan Materials
VMC
$38.5B
| $12M | 0.01% | 143,355 -34,770 | -20% | -$2.92M |
|
85
Home Depot
HD
$405B
| $11.4M | 0.01% | 102,822 -6,442 | -6% | -$716K |
|
|
CB
86
DELISTED
CHUBB CORPORATION
CB
| $11.3M | 0.01% | 118,610 -3,000 | -2% | -$285K |
|
87
Diageo
DEO
$62.1B
| $10.8M | 0.01% | 92,674 -11,916 | -11% | -$1.38M |
|
88
Boston Scientific
BSX
$156B
| $10.4M | 0.01% | 588,260 -141,200 | -19% | -$2.5M |
|
89
Unilever
UL
$155B
| $8.61M | 0.01% | 200,291 -202,767 | -50% | -$8.71M |
|
90
US Bancorp
USB
$76B
| $7.84M | 0.01% | 180,734 -37,200 | -17% | -$1.61M |
|
91
Amgen
AMGN
$155B
| $7.8M | 0.01% | 50,804 -3,900 | -7% | -$599K |
|
92
Walt Disney
DIS
$213B
| $7.59M | 0.01% | 66,457 -12 | -0% | -$1.37K |
|
93
Thermo Fisher Scientific
TMO
$186B
| $6.98M | 0.01% | 53,802 | – | – |
|
|
MHFI
94
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $6.34M | 0.01% | 63,146 -11,925 | -16% | -$1.2M |
|
95
Bristol-Myers Squibb
BMY
$96B
| $5.39M | ﹤0.01% | 80,928 -6,900 | -8% | -$459K |
|
|
CSC
96
DELISTED
Computer Sciences
CSC
| $5.19M | ﹤0.01% | 79,050 -9,700 | -11% | -$637K |
|
97
Caterpillar
CAT
$196B
| $5.08M | ﹤0.01% | 59,918 -3,450 | -5% | -$293K |
|
98
3M
MMM
$82.8B
| $4.04M | ﹤0.01% | 26,206 -1,500 | -5% | -$231K |
|
99
Motorola Solutions
MSI
$78.7B
| $3.86M | ﹤0.01% | 67,396 | – | – |
|
100
Johnson & Johnson
JNJ
$427B
| $3.73M | ﹤0.01% | 38,235 -1,750 | -4% | -$171K |
|