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 |
State Street
STT
|
$840M |
| 2 |
HP
HPQ
|
$618M |
| 3 |
Dell
DELL
|
$554M |
| 4 |
Bank of America
BAC
|
$463M |
| 5 |
Cisco
CSCO
|
$448M |
Top Sells
| 1 |
Charter Communications
CHTR
|
$1.17B |
| 2 |
Eli Lilly
LLY
|
$1.08B |
| 3 |
Microsoft
MSFT
|
$877M |
| 4 |
Bristol-Myers Squibb
BMY
|
$780M |
| 5 |
Sanofi
SNY
|
$472M |
Sector Composition
| 1 | Financials | 24.47% |
| 2 | Healthcare | 19.44% |
| 3 | Technology | 17.53% |
| 4 | Communication Services | 13.51% |
| 5 | Industrials | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
News Corp Class A
NWSA
$16.6B
| $125M | 0.14% | 13,976,862 +262,100 | +2% | +$2.35M |
|
77
Ovintiv
OVV
$10.8B
| $103M | 0.11% | 38,017,797 -104,168,490 | -73% | -$281M |
|
78
Walt Disney
DIS
$213B
| $61.4M | 0.07% | 635,291 -54,097 | -8% | -$5.23M |
|
|
VMW
79
DELISTED
VMware, Inc
VMW
| $54.7M | 0.06% | 451,694 +436,194 | +2,814% | +$52.8M |
|
80
Union Pacific
UNP
$133B
| $50.8M | 0.06% | 360,412 -18,356 | -5% | -$2.59M |
|
81
Itaú Unibanco
ITUB
$77B
| $45.6M | 0.05% | 10,145,005 +831,500 | +9% | +$3.73M |
|
|
82
Eli Lilly
LLY
$657B
| $40.4M | 0.04% | 291,507 -7,796,551 | -96% | -$1.08B |
|
83
Merck
MRK
$210B
| $39.8M | 0.04% | 516,958 -172,438 | -25% | -$13.3M |
|
84
Lincoln National
LNC
$8.14B
| $29.8M | 0.03% | +1,132,832 | New | +$29.8M |
|
85
Cadence Design Systems
CDNS
$95.5B
| $26.4M | 0.03% | 399,541 -23,965 | -6% | -$1.58M |
|
86
Chevron
CVX
$324B
| $22.7M | 0.02% | 313,467 -23,093 | -7% | -$1.67M |
|
87
Target
TGT
$43.6B
| $17.3M | 0.02% | 186,207 -7,000 | -4% | -$651K |
|
88
Walmart
WMT
$774B
| $14.3M | 0.02% | 126,012 -7,240 | -5% | -$823K |
|
89
Travelers Companies
TRV
$61.1B
| $14.3M | 0.02% | 143,431 -2,650 | -2% | -$263K |
|
90
Procter & Gamble
PG
$368B
| $13.4M | 0.01% | 121,904 -8,350 | -6% | -$918K |
|
91
ICICI Bank
IBN
$113B
| $13.2M | 0.01% | 1,555,530 | – | – |
|
92
Petrobras Class A
PBR.A
$73.9B
| $12.2M | 0.01% | 2,265,907 +543,200 | +32% | +$2.93M |
|
93
Adobe
ADBE
$151B
| $12.1M | 0.01% | 37,870 -2,825 | -7% | -$899K |
|
94
Thermo Fisher Scientific
TMO
$186B
| $10.3M | 0.01% | 36,290 -65 | -0.2% | -$18.4K |
|
95
Pfizer
PFE
$141B
| $10.1M | 0.01% | 308,270 -80,232 | -21% | -$2.62M |
|
96
Home Depot
HD
$405B
| $8.53M | 0.01% | 45,672 -6,701 | -13% | -$1.25M |
|
97
IBM
IBM
$227B
| $6.51M | 0.01% | 58,702 -9,193 | -14% | -$1.02M |
|
98
Boston Scientific
BSX
$156B
| $5.38M | 0.01% | 164,840 -9,600 | -6% | -$313K |
|
99
AT&T
T
$209B
| $5.17M | 0.01% | 177,366 -62,031 | -26% | -$1.81M |
|
100
Caterpillar
CAT
$196B
| $5M | 0.01% | 43,107 -100 | -0.2% | -$11.6K |
|