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 |
Sanofi
SNY
|
$1.44B |
| 2 |
ConocoPhillips
COP
|
$1.27B |
| 3 |
Fiserv
FI
|
$958M |
| 4 |
GSK
GSK
|
$893M |
| 5 |
Alibaba
BABA
|
$629M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
$1.67B |
| 2 |
Bank of America
BAC
|
$1.16B |
| 3 |
CXO
CONCHO RESOURCES INC.
CXO
|
$1.05B |
| 4 |
Capital One
COF
|
$960M |
| 5 |
HP
HPQ
|
$775M |
Sector Composition
| 1 | Financials | 26.36% |
| 2 | Technology | 18.58% |
| 3 | Healthcare | 14.71% |
| 4 | Communication Services | 14.08% |
| 5 | Energy | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
T-Mobile US
TMUS
$284B
| $267M | 0.19% |
2,128,598
-576,679
| -21% | -$72.3M |
|
|
MFGP
77
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $266M | 0.19% |
34,616,032
+1,206
| +0% | +$9.26K |
|
78
Alphabet (Google) Class A
GOOGL
$2.57T
| $239M | 0.17% |
115,784
-5,775
| -5% | -$11.9M |
|
79
Liberty Global Class A
LBTYA
$4B
| $202M | 0.14% |
7,885,751
-400,000
| -5% | -$10.3M |
|
80
LyondellBasell Industries
LYB
$18.1B
| $183M | 0.13% |
1,756,851
-4,282,552
| -71% | -$446M |
|
|
81
JPMorgan Chase
JPM
$829B
| $183M | 0.13% |
1,200,087
-10,954,367
| -90% | -$1.67B |
|
82
Occidental Petroleum Corporation Warrants to Purchase Common Stock
OXY.WS
$24B
| $182M | 0.13% |
15,287,722
-4,344
| -0% | -$51.7K |
|
83
Teck Resources
TECK
$16.7B
| $165M | 0.12% |
8,582,240
| – | – |
|
84
Walt Disney
DIS
$213B
| $89.2M | 0.06% |
483,176
-22,273
| -4% | -$4.11M |
|
85
Itaú Unibanco
ITUB
$77B
| $87.6M | 0.06% |
17,651,605
+2,157,300
| +14% | +$10.7M |
|
86
Union Pacific
UNP
$133B
| $70.9M | 0.05% |
321,501
-3,468
| -1% | -$764K |
|
87
Cadence Design Systems
CDNS
$95.5B
| $46.2M | 0.03% |
337,216
-11,727
| -3% | -$1.61M |
|
88
AstraZeneca
AZN
$248B
| $44.3M | 0.03% |
890,276
-2,424,896
| -73% | -$121M |
|
89
Target
TGT
$43.6B
| $31.7M | 0.02% |
159,825
-6,891
| -4% | -$1.36M |
|
90
Chevron
CVX
$324B
| $29.1M | 0.02% |
277,905
-1,212
| -0.4% | -$127K |
|
91
ICICI Bank
IBN
$113B
| $26.5M | 0.02% |
1,653,700
-148,530
| -8% | -$2.38M |
|
92
Travelers Companies
TRV
$61.1B
| $19.5M | 0.01% |
129,830
-2,600
| -2% | -$391K |
|
93
Merck
MRK
$210B
| $19M | 0.01% |
247,086
-28,078
| -10% | -$2.16M |
|
94
Eli Lilly
LLY
$657B
| $17.3M | 0.01% |
92,366
-14,147
| -13% | -$2.64M |
|
95
Procter & Gamble
PG
$368B
| $15.6M | 0.01% |
115,187
-1,793
| -2% | -$243K |
|
96
Adobe
ADBE
$151B
| $15.4M | 0.01% |
32,450
-667
| -2% | -$317K |
|
97
Thermo Fisher Scientific
TMO
$186B
| $15M | 0.01% |
32,856
-1,989
| -6% | -$908K |
|
98
Walmart
WMT
$774B
| $14.2M | 0.01% |
104,311
-6,158
| -6% | -$836K |
|
99
iShares Russell 1000 Value ETF
IWD
$63.5B
| $13M | 0.01% |
+85,500
| New | +$13M |
|
100
Home Depot
HD
$405B
| $11.3M | 0.01% |
37,019
-425
| -1% | -$130K |
|