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 |
BioMarin Pharmaceuticals
BMRN
|
$371M |
| 2 |
FedEx
FDX
|
$339M |
| 3 |
UnitedHealth
UNH
|
$303M |
| 4 |
Charles Schwab
SCHW
|
$225M |
| 5 |
Baidu
BIDU
|
$214M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
$1.01B |
| 2 |
AstraZeneca
AZN
|
$542M |
| 3 |
Johnson Controls International
JCI
|
$386M |
| 4 |
Capital One
COF
|
$201M |
| 5 |
TE Connectivity
TEL
|
$169M |
Sector Composition
| 1 | Financials | 25.13% |
| 2 | Healthcare | 18.68% |
| 3 | Technology | 14.5% |
| 4 | Communication Services | 13.82% |
| 5 | Energy | 10.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Alphabet (Google) Class A
GOOGL
$2.57T
| $190M | 0.15% | 142,205 +9,775 | +7% | +$13.1M |
|
77
Walt Disney
DIS
$213B
| $99.7M | 0.08% | 689,388 -30,648 | -4% | -$4.43M |
|
78
State Street
STT
$32.6B
| $95.9M | 0.07% | 1,212,795 +1,208,295 | +26,851% | +$95.6M |
|
79
Itaú Unibanco
ITUB
$77B
| $85.2M | 0.07% | 9,313,505 +75,500 | +0.8% | +$691K |
|
80
Union Pacific
UNP
$133B
| $68.5M | 0.05% | 378,768 -11,226 | -3% | -$2.03M |
|
81
Merck
MRK
$210B
| $62.7M | 0.05% | 689,396 -11,947 | -2% | -$1.09M |
|
82
Chevron
CVX
$324B
| $40.6M | 0.03% | 336,560 -115 | -0% | -$13.9K |
|
83
Cadence Design Systems
CDNS
$95.5B
| $29.4M | 0.02% | 423,506 -1,980 | -0.5% | -$137K |
|
84
Petrobras Class A
PBR.A
$73.9B
| $25.7M | 0.02% | 1,722,707 -694,100 | -29% | -$10.4M |
|
85
Target
TGT
$43.6B
| $24.8M | 0.02% | 193,207 -6,201 | -3% | -$795K |
|
86
ICICI Bank
IBN
$113B
| $23.5M | 0.02% | 1,555,530 +66,700 | +4% | +$1.01M |
|
87
Travelers Companies
TRV
$61.1B
| $20M | 0.02% | 146,081 -802 | -0.5% | -$110K |
|
88
Procter & Gamble
PG
$368B
| $16.3M | 0.01% | 130,254 -567 | -0.4% | -$70.8K |
|
89
Walmart
WMT
$774B
| $15.8M | 0.01% | 133,252 -4,745 | -3% | -$564K |
|
90
Pfizer
PFE
$141B
| $15.2M | 0.01% | 388,502 -7,550 | -2% | -$296K |
|
91
Adobe
ADBE
$151B
| $13.4M | 0.01% | 40,695 -570 | -1% | -$188K |
|
92
Thermo Fisher Scientific
TMO
$186B
| $11.8M | 0.01% | 36,355 -288 | -0.8% | -$93.6K |
|
93
Home Depot
HD
$405B
| $11.4M | 0.01% | 52,373 -647 | -1% | -$141K |
|
|
ZAYO
94
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $10.4M | 0.01% | 300,225 -3,849,889 | -93% | -$133M |
|
95
Corning
GLW
$57.4B
| $10.2M | 0.01% | 351,200 -11,350 | -3% | -$330K |
|
96
AT&T
T
$209B
| $9.36M | 0.01% | 239,397 -13,754 | -5% | -$538K |
|
97
IBM
IBM
$227B
| $9.1M | 0.01% | 67,895 -883 | -1% | -$118K |
|
98
Exxon Mobil
XOM
$487B
| $8.54M | 0.01% | 122,349 | – | – |
|
99
Boston Scientific
BSX
$156B
| $7.89M | 0.01% | 174,440 -200 | -0.1% | -$9.04K |
|
100
GE Aerospace
GE
$292B
| $7.7M | 0.01% | 689,894 -47,160 | -6% | -$526K |
|