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 |
Union Pacific
UNP
|
$952M |
| 2 |
JD.com
JD
|
$584M |
| 3 |
American Express
AXP
|
$566M |
| 4 |
Goldman Sachs
GS
|
$422M |
| 5 |
AstraZeneca
AZN
|
$402M |
Top Sells
| 1 |
Microsoft
MSFT
|
$753M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$486M |
| 3 |
TE Connectivity
TEL
|
$396M |
| 4 |
Cadence Design Systems
CDNS
|
$306M |
| 5 |
Gen Digital
GEN
|
$252M |
Sector Composition
| 1 | Financials | 22.14% |
| 2 | Technology | 21.47% |
| 3 | Communication Services | 17.25% |
| 4 | Healthcare | 14.29% |
| 5 | Energy | 10.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Liberty Latin America Class C
LILAK
$1.65B
| $36.4M | 0.04% | 960,567 +900 | +0.1% | +$34.1K |
|
|
77
Cadence Design Systems
CDNS
$95.5B
| $33.2M | 0.03% | 1,409,289 -12,977,111 | -90% | -$306M |
|
78
Pfizer
PFE
$141B
| $27.6M | 0.03% | 929,604 -1,313,574 | -59% | -$38.9M |
|
79
Adobe
ADBE
$151B
| $23.7M | 0.02% | 252,128 -21,700 | -8% | -$2.04M |
|
80
Travelers Companies
TRV
$61.1B
| $23.5M | 0.02% | 201,045 -2,100 | -1% | -$245K |
|
81
DuPont de Nemours
DD
$32.2B
| $23.3M | 0.02% | 458,832 -13,950 | -3% | -$709K |
|
82
Ericsson
ERIC
$26.2B
| $21.5M | 0.02% | 2,146,186 -19,760 | -0.9% | -$198K |
|
|
STI
83
DELISTED
SunTrust Banks, Inc.
STI
| $21.3M | 0.02% | 591,549 -78,610 | -12% | -$2.84M |
|
|
84
Liberty Latin America Class A
LILA
$1.61B
| $20.4M | 0.02% | 581,570 -15 | -0% | -$526 |
|
85
PayPal
PYPL
$67.1B
| $16.8M | 0.02% | 436,388 -377,224 | -46% | -$14.6M |
|
86
eBay
EBAY
$41.4B
| $16.7M | 0.02% | 699,723 -3,648,683 | -84% | -$87.1M |
|
87
IBM
IBM
$227B
| $15.4M | 0.02% | 101,680 -2,232 | -2% | -$338K |
|
88
Occidental Petroleum
OXY
$46.9B
| $13.4M | 0.01% | 195,984 -2,250 | -1% | -$154K |
|
89
Procter & Gamble
PG
$368B
| $12.5M | 0.01% | 151,863 -1,857 | -1% | -$153K |
|
|
CS
90
DELISTED
Credit Suisse Group
CS
| $12.4M | 0.01% | 878,687 +89,493 | +11% | +$1.26M |
|
91
Home Depot
HD
$405B
| $12.4M | 0.01% | 92,555 -6,249 | -6% | -$834K |
|
92
Exxon Mobil
XOM
$487B
| $12.1M | 0.01% | 144,970 -750 | -0.5% | -$62.7K |
|
93
Vulcan Materials
VMC
$38.5B
| $11.8M | 0.01% | 111,555 -7,600 | -6% | -$802K |
|
94
Diageo
DEO
$62.1B
| $8.59M | 0.01% | 79,674 -6,100 | -7% | -$658K |
|
95
Boston Scientific
BSX
$156B
| $8.04M | 0.01% | 427,430 -23,400 | -5% | -$440K |
|
96
Amgen
AMGN
$155B
| $6.53M | 0.01% | 43,557 -3,087 | -7% | -$463K |
|
97
Walt Disney
DIS
$213B
| $6.52M | 0.01% | 65,656 -465 | -0.7% | -$46.2K |
|
98
US Bancorp
USB
$76B
| $6.36M | 0.01% | 156,734 -10,400 | -6% | -$422K |
|
99
Motorola Solutions
MSI
$78.7B
| $5.04M | ﹤0.01% | 66,596 | – | – |
|
100
Unilever
UL
$155B
| $4.99M | ﹤0.01% | 110,406 -18,400 | -14% | -$831K |
|