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 |
Comcast
CMCSA
|
$1.4B |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
$502M |
| 3 |
Suncor Energy
SU
|
$412M |
| 4 |
Novartis
NVS
|
$361M |
| 5 |
Bristol-Myers Squibb
BMY
|
$358M |
Top Sells
| 1 |
HP
HPQ
|
$387M |
| 2 |
NetApp
NTAP
|
$349M |
| 3 |
Schlumberger
SLB
|
$338M |
| 4 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
$311M |
| 5 |
Adient
ADNT
|
$232M |
Sector Composition
| 1 | Financials | 25.31% |
| 2 | Communication Services | 16.9% |
| 3 | Healthcare | 16.28% |
| 4 | Technology | 15.69% |
| 5 | Energy | 8.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Itaú Unibanco
ITUB
$77B
| $70.8M | 0.06% | 5,868,216 -76,300 | -1% | -$921K |
|
77
Chevron
CVX
$324B
| $48.4M | 0.04% | 450,688 -40,048 | -8% | -$4.3M |
|
78
GE Aerospace
GE
$292B
| $37.6M | 0.03% | 1,262,227 -206,577 | -14% | -$6.16M |
|
79
Cadence Design Systems
CDNS
$95.5B
| $31.4M | 0.03% | 1,000,644 -99,665 | -9% | -$3.13M |
|
|
STI
80
DELISTED
SunTrust Banks, Inc.
STI
| $23.3M | 0.02% | 420,780 -100,910 | -19% | -$5.58M |
|
81
Pfizer
PFE
$141B
| $23.2M | 0.02% | 678,070 -68,902 | -9% | -$2.36M |
|
82
DuPont de Nemours
DD
$32.2B
| $22.9M | 0.02% | 359,705 -21,997 | -6% | -$1.4M |
|
83
Travelers Companies
TRV
$61.1B
| $22.1M | 0.02% | 183,583 -7,686 | -4% | -$926K |
|
84
Adobe
ADBE
$151B
| $20.1M | 0.02% | 154,177 -30,535 | -17% | -$3.97M |
|
85
Gen Digital
GEN
$18.6B
| $17.2M | 0.01% | 561,160 -6,979,844 | -93% | -$214M |
|
86
IBM
IBM
$227B
| $16.7M | 0.01% | 95,985 -2,761 | -3% | -$481K |
|
87
ICICI Bank
IBN
$113B
| $16.6M | 0.01% | 1,925,300 | – | – |
|
|
CS
88
DELISTED
Credit Suisse Group
CS
| $13.8M | 0.01% | 929,324 -13,808 | -1% | -$205K |
|
89
Procter & Gamble
PG
$368B
| $13.1M | 0.01% | 145,328 -4,366 | -3% | -$392K |
|
|
RDS.A
90
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $12.9M | 0.01% | 244,107 -5,904,261 | -96% | -$311M |
|
91
Ericsson
ERIC
$26.2B
| $12.8M | 0.01% | 1,920,213 -48,985 | -2% | -$325K |
|
92
Exxon Mobil
XOM
$487B
| $11.1M | 0.01% | 135,412 -2,359 | -2% | -$193K |
|
93
Home Depot
HD
$405B
| $10.9M | 0.01% | 74,430 -10,635 | -13% | -$1.56M |
|
94
Occidental Petroleum
OXY
$46.9B
| $10.5M | 0.01% | 165,122 -11,665 | -7% | -$739K |
|
95
eBay
EBAY
$41.4B
| $9.32M | 0.01% | 277,557 -149,108 | -35% | -$5.01M |
|
96
Vulcan Materials
VMC
$38.5B
| $8.82M | 0.01% | 73,196 -12,839 | -15% | -$1.55M |
|
97
Boston Scientific
BSX
$156B
| $8.17M | 0.01% | 328,655 -43,016 | -12% | -$1.07M |
|
98
Thermo Fisher Scientific
TMO
$186B
| $7.42M | 0.01% | 48,287 -1,715 | -3% | -$263K |
|
|
99
Adient
ADNT
$2.01B
| $7.05M | 0.01% | 97,001 -3,196,620 | -97% | -$232M |
|
100
US Bancorp
USB
$76B
| $6.57M | 0.01% | 127,634 -23,200 | -15% | -$1.19M |
|