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 |
Occidental Petroleum
OXY
|
$1.21B |
| 2 |
Cognizant
CTSH
|
$1.09B |
| 3 |
HES
Hess
HES
|
$613M |
| 4 |
Microchip Technology
MCHP
|
$568M |
| 5 |
HP
HPQ
|
$518M |
Top Sells
| 1 |
APC
Anadarko Petroleum
APC
|
$1.67B |
| 2 |
Comcast
CMCSA
|
$1.31B |
| 3 |
Eli Lilly
LLY
|
$645M |
| 4 |
AT&T
T
|
$643M |
| 5 |
Union Pacific
UNP
|
$636M |
Sector Composition
| 1 | Financials | 24.18% |
| 2 | Healthcare | 17.09% |
| 3 | Technology | 15.54% |
| 4 | Communication Services | 14.39% |
| 5 | Energy | 8.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
News Corp Class A
NWSA
$16.6B
| $185M | 0.15% | 13,696,224 +49,650 | +0.4% | +$670K |
|
77
Alphabet (Google) Class A
GOOGL
$2.57T
| $145M | 0.12% | 134,364 -2,260 | -2% | -$2.45M |
|
78
Walt Disney
DIS
$213B
| $105M | 0.08% | 749,273 -344,325 | -31% | -$48.1M |
|
79
Itaú Unibanco
ITUB
$77B
| $87M | 0.07% | 9,238,005 +100,000 | +1% | +$942K |
|
|
80
Union Pacific
UNP
$133B
| $68.4M | 0.06% | 404,391 -3,763,051 | -90% | -$636M |
|
81
Merck
MRK
$210B
| $59.9M | 0.05% | 714,622 -54,068 | -7% | -$4.53M |
|
82
Chevron
CVX
$324B
| $42.3M | 0.03% | 339,631 -850 | -0.2% | -$106K |
|
83
Petrobras Class A
PBR.A
$73.9B
| $35.8M | 0.03% | 2,524,607 -753,000 | -23% | -$10.7M |
|
84
Target
TGT
$43.6B
| $33.8M | 0.03% | 389,757 -2,201,333 | -85% | -$191M |
|
85
Cadence Design Systems
CDNS
$95.5B
| $30.4M | 0.02% | 428,614 -6,680 | -2% | -$473K |
|
86
Travelers Companies
TRV
$61.1B
| $22.1M | 0.02% | 147,844 -1,200 | -0.8% | -$179K |
|
87
ICICI Bank
IBN
$113B
| $18.7M | 0.02% | 1,488,830 | – | – |
|
88
Pfizer
PFE
$141B
| $17.2M | 0.01% | 397,227 -6,773 | -2% | -$293K |
|
89
Walmart
WMT
$774B
| $16.1M | 0.01% | 145,515 -19,075 | -12% | -$2.11M |
|
90
Procter & Gamble
PG
$368B
| $14.4M | 0.01% | 131,515 -310 | -0.2% | -$34K |
|
91
Corning
GLW
$57.4B
| $13.7M | 0.01% | 413,364 -55,213 | -12% | -$1.83M |
|
92
Adobe
ADBE
$151B
| $12.5M | 0.01% | 42,265 -1,045 | -2% | -$308K |
|
|
STI
93
DELISTED
SunTrust Banks, Inc.
STI
| $11.3M | 0.01% | 179,620 -2,300 | -1% | -$145K |
|
94
Home Depot
HD
$405B
| $11.1M | 0.01% | 53,570 -4,435 | -8% | -$922K |
|
95
Thermo Fisher Scientific
TMO
$186B
| $11M | 0.01% | 37,343 -905 | -2% | -$266K |
|
|
96
AT&T
T
$209B
| $10.7M | 0.01% | 320,340 -19,192,191 | -98% | -$643M |
|
97
IBM
IBM
$227B
| $10M | 0.01% | 72,631 -2,550 | -3% | -$352K |
|
|
RDS.A
98
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $9.48M | 0.01% | 145,629 -2,000 | -1% | -$130K |
|
99
Exxon Mobil
XOM
$487B
| $9.38M | 0.01% | 122,449 -1,262 | -1% | -$96.7K |
|
100
GE Aerospace
GE
$292B
| $7.74M | 0.01% | 737,554 -54,700 | -7% | -$574K |
|