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 |
Regeneron Pharmaceuticals
REGN
|
$1.37B |
| 2 |
GE Aerospace
GE
|
$938M |
| 3 |
Meta Platforms (Facebook)
META
|
$881M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
$804M |
| 5 |
UBS Group
UBS
|
$804M |
Top Sells
| 1 |
Bank of America
BAC
|
$1.07B |
| 2 |
Schlumberger
SLB
|
$1.07B |
| 3 |
HES
Hess
HES
|
$1.02B |
| 4 |
HP
HPQ
|
$959M |
| 5 |
Baker Hughes
BKR
|
$724M |
Sector Composition
| 1 | Financials | 23.3% |
| 2 | Healthcare | 17.99% |
| 3 | Technology | 16.88% |
| 4 | Communication Services | 15.05% |
| 5 | Energy | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Brighthouse Financial
BHF
$2.7B
| $485M | 0.29% | 9,378,819 -73,468 | -0.8% | -$3.8M |
|
77
Fox Class B
FOX
$24.3B
| $464M | 0.28% | 12,801,764 -6,550 | -0.1% | -$238K |
|
78
Linde
LIN
$224B
| $438M | 0.27% | 1,360,190 +5,455 | +0.4% | +$1.76M |
|
79
Otis Worldwide
OTIS
$33.9B
| $411M | 0.25% | 5,345,622 -24,275 | -0.5% | -$1.87M |
|
80
Alphabet (Google) Class A
GOOGL
$2.57T
| $306M | 0.19% | 110,063 -3,000 | -3% | -$8.34M |
|
81
Liberty Global Class C
LBTYK
$4.07B
| $300M | 0.18% | 11,596,068 +18,903 | +0.2% | +$490K |
|
82
Zimmer Biomet
ZBH
$21B
| $298M | 0.18% | +2,332,915 | New | +$298M |
|
83
LyondellBasell Industries
LYB
$18.1B
| $281M | 0.17% | 2,736,731 -3,800 | -0.1% | -$391K |
|
84
Lincoln National
LNC
$8.14B
| $279M | 0.17% | 4,269,357 -50,550 | -1% | -$3.3M |
|
85
News Corp Class A
NWSA
$16.6B
| $245M | 0.15% | 11,061,683 -93,250 | -0.8% | -$2.07M |
|
|
QVCGA
86
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $242M | 0.15% | 50,793,323 -662,422 | -1% | -$3.15M |
|
|
MFGP
87
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $181M | 0.11% | 34,206,002 -89,079 | -0.3% | -$472K |
|
88
Itaú Unibanco
ITUB
$77B
| $163M | 0.1% | 28,467,305 +2,406,500 | +9% | +$13.7M |
|
89
Jackson Financial
JXN
$6.88B
| $145M | 0.09% | 3,277,421 -542,073 | -14% | -$24M |
|
90
Liberty Global Class A
LBTYA
$4B
| $124M | 0.08% | 4,875,669 +5,311 | +0.1% | +$135K |
|
91
ICICI Bank
IBN
$113B
| $106M | 0.06% | 5,603,000 +2,845,000 | +103% | +$53.9M |
|
92
Union Pacific
UNP
$133B
| $79.7M | 0.05% | 291,626 -7,807 | -3% | -$2.13M |
|
93
JPMorgan Chase
JPM
$829B
| $66.2M | 0.04% | 485,496 -39,340 | -7% | -$5.36M |
|
94
Walt Disney
DIS
$213B
| $59.5M | 0.04% | 433,796 -12,858 | -3% | -$1.76M |
|
95
AstraZeneca
AZN
$248B
| $53.5M | 0.03% | 806,826 -11,069 | -1% | -$734K |
|
96
Cadence Design Systems
CDNS
$95.5B
| $50.1M | 0.03% | 304,571 -9,746 | -3% | -$1.6M |
|
97
Fresenius Medical Care
FMS
$15.1B
| $43M | 0.03% | +1,275,400 | New | +$43M |
|
98
Chevron
CVX
$324B
| $38.5M | 0.02% | 236,588 -28,254 | -11% | -$4.6M |
|
99
Target
TGT
$43.6B
| $29.1M | 0.02% | 136,950 -1,775 | -1% | -$377K |
|
100
Travelers Companies
TRV
$61.1B
| $23M | 0.01% | 126,085 -300 | -0.2% | -$54.8K |
|