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 |
Wells Fargo
WFC
|
$649M |
| 2 |
RTX Corp
RTX
|
$602M |
| 3 |
BioMarin Pharmaceuticals
BMRN
|
$312M |
| 4 |
Bank of New York Mellon
BK
|
$272M |
| 5 |
Williams Companies
WMB
|
$252M |
Top Sells
| 1 |
FedEx
FDX
|
$2.42B |
| 2 |
Microsoft
MSFT
|
$532M |
| 3 |
Goldman Sachs
GS
|
$470M |
| 4 |
Microchip Technology
MCHP
|
$438M |
| 5 |
Booking.com
BKNG
|
$400M |
Sector Composition
| 1 | Financials | 24.97% |
| 2 | Technology | 18.56% |
| 3 | Healthcare | 15.26% |
| 4 | Communication Services | 15% |
| 5 | Industrials | 10.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Alphabet (Google) Class A
GOOGL
$2.57T
| $197M | 0.18% | 134,345 -17,350 | -11% | -$25.4M |
|
77
News Corp Class A
NWSA
$16.6B
| $193M | 0.18% | 13,767,853 +27,744 | +0.2% | +$389K |
|
78
Credicorp
BAP
$20.4B
| $189M | 0.17% | +1,524,224 | New | +$189M |
|
79
Liberty Global Class A
LBTYA
$4B
| $185M | 0.17% | 8,792,951 -29,300 | -0.3% | -$616K |
|
80
Lincoln National
LNC
$8.14B
| $182M | 0.17% | 5,812,057 +313,500 | +6% | +$9.82M |
|
81
Mattel
MAT
$5.9B
| $148M | 0.14% | 12,636,021 -10,712,288 | -46% | -$125M |
|
82
Teck Resources
TECK
$16.7B
| $126M | 0.12% | 9,070,340 -810,300 | -8% | -$11.3M |
|
|
MFGP
83
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $112M | 0.1% | 34,742,738 +27,332 | +0.1% | +$88K |
|
84
Walt Disney
DIS
$213B
| $69.9M | 0.06% | 563,516 -31,460 | -5% | -$3.9M |
|
85
Union Pacific
UNP
$133B
| $67.9M | 0.06% | 345,109 -10,215 | -3% | -$2.01M |
|
86
Itaú Unibanco
ITUB
$77B
| $56.1M | 0.05% | 14,100,905 +71,100 | +0.5% | +$283K |
|
87
Occidental Petroleum Corporation Warrants to Purchase Common Stock
OXY.WS
$24B
| $46.3M | 0.04% | +15,417,712 | New | +$46.3M |
|
88
Cadence Design Systems
CDNS
$95.5B
| $38.7M | 0.04% | 363,058 -17,121 | -5% | -$1.83M |
|
89
Target
TGT
$43.6B
| $27.6M | 0.03% | 175,494 -7,485 | -4% | -$1.18M |
|
90
Merck
MRK
$210B
| $25.5M | 0.02% | 307,729 -38,250 | -11% | -$3.17M |
|
91
Chevron
CVX
$324B
| $21.7M | 0.02% | 301,144 -6,172 | -2% | -$444K |
|
92
Eli Lilly
LLY
$657B
| $18.6M | 0.02% | 125,393 -45,229 | -27% | -$6.69M |
|
93
Walmart
WMT
$774B
| $16.9M | 0.02% | 120,870 -2,700 | -2% | -$378K |
|
94
Procter & Gamble
PG
$368B
| $16.7M | 0.02% | 119,882 -1,158 | -1% | -$161K |
|
95
ICICI Bank
IBN
$113B
| $16.6M | 0.02% | 1,691,230 +135,700 | +9% | +$1.33M |
|
96
Adobe
ADBE
$151B
| $16.6M | 0.02% | 33,894 -1,511 | -4% | -$741K |
|
97
Thermo Fisher Scientific
TMO
$186B
| $15.5M | 0.01% | 35,130 -840 | -2% | -$371K |
|
98
Travelers Companies
TRV
$61.1B
| $14.8M | 0.01% | 136,591 -3,465 | -2% | -$375K |
|
99
TC Energy
TRP
$54.1B
| $13.4M | 0.01% | +318,273 | New | +$13.4M |
|
100
Aptiv
APTV
$17.3B
| $11.3M | 0.01% | 123,280 +400 | +0.3% | +$36.7K |
|