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 |
Meta Platforms (Facebook)
META
|
$1.03B |
| 2 |
VMW
VMware, Inc
VMW
|
$879M |
| 3 |
Carrier Global
CARR
|
$805M |
| 4 |
Williams Companies
WMB
|
$697M |
| 5 |
Otis Worldwide
OTIS
|
$542M |
Top Sells
| 1 |
S
Sprint Corporation
S
|
$769M |
| 2 |
AstraZeneca
AZN
|
$587M |
| 3 |
UnitedHealth
UNH
|
$521M |
| 4 |
MXIM
Maxim Integrated Products
MXIM
|
$510M |
| 5 |
Bristol-Myers Squibb
BMY
|
$454M |
Sector Composition
| 1 | Financials | 24.21% |
| 2 | Technology | 18.93% |
| 3 | Healthcare | 15.58% |
| 4 | Communication Services | 14.38% |
| 5 | Energy | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Mattel
MAT
$5.9B
| $226M | 0.21% | 23,348,309 -124,056 | -0.5% | -$1.2M |
|
77
Alphabet (Google) Class A
GOOGL
$2.57T
| $215M | 0.2% | 151,695 -3,285 | -2% | -$4.66M |
|
78
Lincoln National
LNC
$8.14B
| $202M | 0.19% | 5,498,557 +4,365,725 | +385% | +$161M |
|
79
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.5B
| $195M | 0.18% | 1,446,276 -985,204 | -41% | -$133M |
|
80
Liberty Global Class A
LBTYA
$4B
| $193M | 0.18% | 8,822,251 -7,117,522 | -45% | -$156M |
|
|
MFGP
81
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $190M | 0.18% | 34,715,406 -787,513 | -2% | -$4.32M |
|
82
News Corp Class A
NWSA
$16.6B
| $163M | 0.15% | 13,740,109 -236,753 | -2% | -$2.81M |
|
83
Teck Resources
TECK
$16.7B
| $103M | 0.09% | +9,880,640 | New | +$103M |
|
84
Walt Disney
DIS
$213B
| $66.3M | 0.06% | 594,976 -40,315 | -6% | -$4.5M |
|
85
Itaú Unibanco
ITUB
$77B
| $65.8M | 0.06% | 14,029,805 +3,884,800 | +38% | +$18.2M |
|
86
Union Pacific
UNP
$133B
| $60.1M | 0.06% | 355,324 -5,088 | -1% | -$860K |
|
87
Cadence Design Systems
CDNS
$95.5B
| $36.5M | 0.03% | 380,179 -19,362 | -5% | -$1.86M |
|
88
Eli Lilly
LLY
$657B
| $28M | 0.03% | 170,622 -120,885 | -41% | -$19.8M |
|
89
Chevron
CVX
$324B
| $27.4M | 0.03% | 307,316 -6,151 | -2% | -$549K |
|
90
Merck
MRK
$210B
| $26.8M | 0.02% | 345,979 -170,979 | -33% | -$13.2M |
|
91
Target
TGT
$43.6B
| $21.9M | 0.02% | 182,979 -3,228 | -2% | -$387K |
|
92
Travelers Companies
TRV
$61.1B
| $16M | 0.01% | 140,056 -3,375 | -2% | -$385K |
|
93
Adobe
ADBE
$151B
| $15.4M | 0.01% | 35,405 -2,465 | -7% | -$1.07M |
|
94
Walmart
WMT
$774B
| $14.8M | 0.01% | 123,570 -2,442 | -2% | -$292K |
|
95
Procter & Gamble
PG
$368B
| $14.5M | 0.01% | 121,040 -864 | -0.7% | -$103K |
|
96
ICICI Bank
IBN
$113B
| $14.5M | 0.01% | 1,555,530 | – | – |
|
97
Thermo Fisher Scientific
TMO
$186B
| $13M | 0.01% | 35,970 -320 | -0.9% | -$116K |
|
98
Home Depot
HD
$405B
| $11.4M | 0.01% | 45,337 -335 | -0.7% | -$83.9K |
|
99
Aptiv
APTV
$17.3B
| $9.58M | 0.01% | +122,880 | New | +$9.58M |
|
100
Pfizer
PFE
$141B
| $7.9M | 0.01% | 241,587 -66,683 | -22% | -$2.18M |
|