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 |
RTX Corp
RTX
|
$1.31B |
| 2 |
Linde
LIN
|
$1.29B |
| 3 |
Occidental Petroleum
OXY
|
$1.11B |
| 4 |
Cigna
CI
|
$823M |
| 5 |
Microchip Technology
MCHP
|
$603M |
Top Sells
| 1 |
ESRX
Express Scripts Holding Company
ESRX
|
$3.79B |
| 2 |
Medtronic
MDT
|
$1.06B |
| 3 |
Eli Lilly
LLY
|
$832M |
| 4 |
Union Pacific
UNP
|
$803M |
| 5 |
Novartis
NVS
|
$649M |
Sector Composition
| 1 | Financials | 24.52% |
| 2 | Healthcare | 19.64% |
| 3 | Communication Services | 16.37% |
| 4 | Technology | 12.94% |
| 5 | Energy | 7.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Incyte
INCY
$16.5B
| $270M | 0.25% | +4,240,100 | New | +$270M |
|
77
Target
TGT
$43.6B
| $178M | 0.16% | 2,698,719 -6,124,531 | -69% | -$405M |
|
78
Alphabet (Google) Class A
GOOGL
$2.57T
| $144M | 0.13% | 137,734 -1,745 | -1% | -$1.82M |
|
79
News Corp Class A
NWSA
$16.6B
| $130M | 0.12% | 11,468,549 -30,075 | -0.3% | -$341K |
|
80
Ball Corp
BALL
$14.3B
| $114M | 0.1% | 2,476,121 -1,053,900 | -30% | -$48.5M |
|
81
Itaú Unibanco
ITUB
$77B
| $100M | 0.09% | 10,937,105 +4,129,516 | +61% | +$37.7M |
|
82
Synopsys
SNPS
$112B
| $68.7M | 0.06% | 814,946 -2,602,694 | -76% | -$219M |
|
83
Merck
MRK
$210B
| $63.4M | 0.06% | 830,025 -162,238 | -16% | -$12.4M |
|
|
WFT
84
DELISTED
Weatherford International plc
WFT
| $46.3M | 0.04% | 82,847,831 -294,561 | -0.4% | -$165K |
|
85
Petrobras Class A
PBR.A
$73.9B
| $41.7M | 0.04% | 3,602,007 -410,275 | -10% | -$4.76M |
|
86
Chevron
CVX
$324B
| $37.3M | 0.03% | 342,906 -3,312 | -1% | -$360K |
|
87
Walmart
WMT
$774B
| $20.2M | 0.02% | 216,790 -23,579 | -10% | -$2.2M |
|
88
Cadence Design Systems
CDNS
$95.5B
| $19.7M | 0.02% | 452,920 -20,585 | -4% | -$895K |
|
89
Pfizer
PFE
$141B
| $18.4M | 0.02% | 420,643 -12,381 | -3% | -$540K |
|
90
ICICI Bank
IBN
$113B
| $18M | 0.02% | 1,745,830 -292,100 | -14% | -$3.01M |
|
91
Travelers Companies
TRV
$61.1B
| $17.9M | 0.02% | 149,094 -2,079 | -1% | -$249K |
|
92
Corning
GLW
$57.4B
| $17.2M | 0.02% | 570,372 -54,202 | -9% | -$1.64M |
|
93
Ericsson
ERIC
$26.2B
| $15.3M | 0.01% | 1,727,229 -10,745 | -0.6% | -$95.3K |
|
94
DuPont de Nemours
DD
$32.2B
| $13.8M | 0.01% | 258,787 -4,069 | -2% | -$218K |
|
95
Procter & Gamble
PG
$368B
| $12.2M | 0.01% | 132,827 -3,615 | -3% | -$332K |
|
96
Home Depot
HD
$405B
| $10.5M | 0.01% | 60,855 -1,645 | -3% | -$283K |
|
97
Adobe
ADBE
$151B
| $10.2M | 0.01% | 45,010 -3,329 | -7% | -$753K |
|
|
CS
98
DELISTED
Credit Suisse Group
CS
| $9.41M | 0.01% | 866,299 -56,342 | -6% | -$612K |
|
|
STI
99
DELISTED
SunTrust Banks, Inc.
STI
| $9.3M | 0.01% | 184,420 -10,770 | -6% | -$543K |
|
100
Liberty Latin America Class A
LILA
$1.61B
| $8.91M | 0.01% | 614,968 -4,955,853 | -89% | -$71.8M |
|