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 |
GE Aerospace
GE
|
$1.18B |
| 2 |
Fidelity National Information Services
FIS
|
$572M |
| 3 |
PayPal
PYPL
|
$535M |
| 4 |
Charles Schwab
SCHW
|
$430M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$419M |
Top Sells
| 1 |
Sanofi
SNY
|
$751M |
| 2 |
Bristol-Myers Squibb
BMY
|
$666M |
| 3 |
HP
HPQ
|
$615M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
$534M |
| 5 |
GSK
GSK
|
$501M |
Sector Composition
| 1 | Financials | 22.19% |
| 2 | Healthcare | 18.97% |
| 3 | Technology | 16.22% |
| 4 | Communication Services | 14.67% |
| 5 | Energy | 9.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
XP
XP
$9.56B
| $519M | 0.36% | 28,888,185 +12,548,800 | +77% | +$225M |
|
77
Medtronic
MDT
$119B
| $412M | 0.29% | 4,594,999 +17,593 | +0.4% | +$1.58M |
|
78
Linde
LIN
$224B
| $389M | 0.27% | 1,355,190 -5,000 | -0.4% | -$1.44M |
|
79
Brighthouse Financial
BHF
$2.7B
| $381M | 0.26% | 9,286,468 -92,351 | -1% | -$3.79M |
|
80
Otis Worldwide
OTIS
$33.9B
| $378M | 0.26% | 5,345,522 -100 | -0% | -$7.07K |
|
81
Fox Class B
FOX
$24.3B
| $376M | 0.26% | 12,674,423 -127,341 | -1% | -$3.78M |
|
|
GAP
82
The Gap, Inc.
GAP
$8.21B
| $318M | 0.22% | 38,608,626 +247,148 | +0.6% | +$2.04M |
|
83
Gaming and Leisure Properties
GLPI
$13.6B
| $292M | 0.2% | 6,368,169 +5,970,380 | +1,501% | +$274M |
|
84
Liberty Global Class C
LBTYK
$4.07B
| $252M | 0.17% | 11,409,772 -186,296 | -2% | -$4.12M |
|
85
LyondellBasell Industries
LYB
$18.1B
| $225M | 0.16% | 2,573,930 -162,801 | -6% | -$14.2M |
|
86
Lincoln National
LNC
$8.14B
| $201M | 0.14% | 4,297,162 +27,805 | +0.7% | +$1.3M |
|
|
87
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.5B
| $198M | 0.14% | 1,795,988 -4,852,505 | -73% | -$534M |
|
88
News Corp Class A
NWSA
$16.6B
| $172M | 0.12% | 11,048,323 -13,360 | -0.1% | -$208K |
|
|
QVCGA
89
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $143M | 0.1% | 49,701,086 -1,092,237 | -2% | -$3.13M |
|
90
Itaú Unibanco
ITUB
$77B
| $122M | 0.08% | 28,525,905 +58,600 | +0.2% | +$251K |
|
|
MFGP
91
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $115M | 0.08% | 34,080,793 -125,209 | -0.4% | -$422K |
|
92
Jackson Financial
JXN
$6.88B
| $111M | 0.08% | 4,154,006 +876,585 | +27% | +$23.4M |
|
93
Liberty Global Class A
LBTYA
$4B
| $103M | 0.07% | 4,875,669 | – | – |
|
94
Union Pacific
UNP
$133B
| $61M | 0.04% | 286,077 -5,549 | -2% | -$1.18M |
|
95
ICICI Bank
IBN
$113B
| $58.7M | 0.04% | 3,307,500 -2,295,500 | -41% | -$40.7M |
|
96
JPMorgan Chase
JPM
$829B
| $52.3M | 0.04% | 464,410 -21,086 | -4% | -$2.37M |
|
97
Cadence Design Systems
CDNS
$95.5B
| $45.6M | 0.03% | 303,920 -651 | -0.2% | -$97.7K |
|
98
Walt Disney
DIS
$213B
| $40.5M | 0.03% | 428,641 -5,155 | -1% | -$487K |
|
99
AstraZeneca
AZN
$248B
| $33.2M | 0.02% | 502,489 -304,337 | -38% | -$20.1M |
|
100
Chevron
CVX
$324B
| $32.8M | 0.02% | 226,554 -10,034 | -4% | -$1.45M |
|