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 |
Hewlett Packard
HPE
|
$3.31B |
| 2 |
American Express
AXP
|
$858M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
$856M |
| 4 |
Elevance Health
ELV
|
$414M |
| 5 |
AstraZeneca
AZN
|
$400M |
Top Sells
| 1 |
Pfizer
PFE
|
$1.39B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$994M |
| 3 |
GE Aerospace
GE
|
$840M |
| 4 |
UBS Group
UBS
|
$566M |
| 5 |
Baidu
BIDU
|
$504M |
Sector Composition
| 1 | Financials | 23.51% |
| 2 | Technology | 22.02% |
| 3 | Communication Services | 17.23% |
| 4 | Healthcare | 15.08% |
| 5 | Energy | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
76
Pfizer
PFE
$141B
| $72.4M | 0.07% | 2,243,178 -43,023,258 | -95% | -$1.39B |
|
|
77
GE Aerospace
GE
$292B
| $64.6M | 0.06% | 2,074,147 -26,968,448 | -93% | -$840M |
|
78
Chevron
CVX
$324B
| $52.8M | 0.05% | 587,137 -67,087 | -10% | -$6.04M |
|
79
Liberty Latin America Class C
LILAK
$1.65B
| $41.3M | 0.04% | 959,667 -16,100 | -2% | -$692K |
|
80
DNOW Inc
DNOW
$1.68B
| $39.3M | 0.04% | 2,485,246 -663,851 | -21% | -$10.5M |
|
81
PayPal
PYPL
$67.1B
| $29.5M | 0.03% | 813,612 -10,602,122 | -93% | -$384M |
|
|
STI
82
DELISTED
SunTrust Banks, Inc.
STI
| $28.7M | 0.03% | 670,159 -2,067,575 | -76% | -$88.6M |
|
83
Adobe
ADBE
$151B
| $25.7M | 0.03% | 273,828 -20,175 | -7% | -$1.9M |
|
84
DuPont de Nemours
DD
$32.2B
| $24.3M | 0.02% | 472,782 -14,170 | -3% | -$729K |
|
|
85
Liberty Latin America Class A
LILA
$1.61B
| $24.1M | 0.02% | 581,585 | – | – |
|
86
Travelers Companies
TRV
$61.1B
| $22.9M | 0.02% | 203,145 -6,526 | -3% | -$737K |
|
87
Union Pacific
UNP
$133B
| $22.5M | 0.02% | 287,599 -5,961 | -2% | -$466K |
|
88
Ericsson
ERIC
$26.2B
| $20.8M | 0.02% | 2,165,946 -20,032 | -0.9% | -$193K |
|
|
CS
89
DELISTED
Credit Suisse Group
CS
| $17.1M | 0.02% | 789,194 -21,950 | -3% | -$476K |
|
90
IBM
IBM
$227B
| $14.3M | 0.01% | 103,912 -1,783 | -2% | -$245K |
|
91
Occidental Petroleum
OXY
$46.9B
| $13.4M | 0.01% | 198,234 -1,647 | -0.8% | -$111K |
|
92
Home Depot
HD
$405B
| $13.1M | 0.01% | 98,804 -1,778 | -2% | -$235K |
|
|
CB
93
DELISTED
CHUBB CORPORATION
CB
| $12.5M | 0.01% | 94,048 -21,692 | -19% | -$2.88M |
|
94
Procter & Gamble
PG
$368B
| $12.2M | 0.01% | 153,720 -1,450 | -0.9% | -$115K |
|
95
Exxon Mobil
XOM
$487B
| $11.4M | 0.01% | 145,720 -5,232 | -3% | -$408K |
|
96
Vulcan Materials
VMC
$38.5B
| $11.3M | 0.01% | 119,155 -4,300 | -3% | -$408K |
|
97
Diageo
DEO
$62.1B
| $9.36M | 0.01% | 85,774 -1,700 | -2% | -$185K |
|
98
Boston Scientific
BSX
$156B
| $8.31M | 0.01% | 450,830 -22,130 | -5% | -$408K |
|
99
Amgen
AMGN
$155B
| $7.57M | 0.01% | 46,644 -1,700 | -4% | -$276K |
|
100
US Bancorp
USB
$76B
| $7.13M | 0.01% | 167,134 -8,100 | -5% | -$346K |
|