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 |
Alphabet (Google) Class C
GOOG
|
$3.82B |
| 2 |
Amazon
AMZN
|
$1.06B |
| 3 |
LyondellBasell Industries
LYB
|
$893M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$545M |
| 5 |
GE Aerospace
GE
|
$503M |
Top Sells
| 1 |
Cigna
CI
|
$1.26B |
| 2 |
Hewlett Packard
HPE
|
$469M |
| 3 |
GSK
GSK
|
$461M |
| 4 |
Williams Companies
WMB
|
$368M |
| 5 |
Occidental Petroleum
OXY
|
$212M |
Sector Composition
| 1 | Financials | 24.04% |
| 2 | Healthcare | 17.77% |
| 3 | Technology | 16.15% |
| 4 | Communication Services | 12.92% |
| 5 | Energy | 10.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
NetEase
NTES
$86.2B
| $501M | 0.38% | 6,627,500 +36,200 | +0.5% | +$2.74M |
|
77
Haleon
HLN
$43.9B
| $447M | 0.34% | +73,365,572 | New | +$447M |
|
78
TC Energy
TRP
$54.1B
| $415M | 0.31% | 10,296,000 -6,500 | -0.1% | -$262K |
|
79
Brighthouse Financial
BHF
$2.7B
| $399M | 0.3% | 9,194,494 -91,974 | -1% | -$3.99M |
|
80
Linde
LIN
$224B
| $371M | 0.28% | 1,355,190 | – | – |
|
81
Fox Class B
FOX
$24.3B
| $355M | 0.27% | 12,450,207 -224,216 | -2% | -$6.39M |
|
82
Televisa
TV
$1.49B
| $350M | 0.27% | 64,998,920 | – | – |
|
83
Medtronic
MDT
$119B
| $340M | 0.26% | 4,214,621 -380,378 | -8% | -$30.7M |
|
84
Otis Worldwide
OTIS
$33.9B
| $335M | 0.25% | 5,256,622 -88,900 | -2% | -$5.67M |
|
|
GAP
85
The Gap, Inc.
GAP
$8.21B
| $314M | 0.24% | 38,268,126 -340,500 | -0.9% | -$2.8M |
|
86
Gaming and Leisure Properties
GLPI
$13.6B
| $279M | 0.21% | 6,304,039 -64,130 | -1% | -$2.84M |
|
|
MFGP
87
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $193M | 0.15% | 33,783,235 -297,558 | -0.9% | -$1.7M |
|
88
Lincoln National
LNC
$8.14B
| $188M | 0.14% | 4,290,512 -6,650 | -0.2% | -$292K |
|
89
News Corp Class A
NWSA
$16.6B
| $164M | 0.12% | 10,880,223 -168,100 | -2% | -$2.54M |
|
90
Liberty Global Class C
LBTYK
$4.07B
| $148M | 0.11% | 8,961,768 -2,448,004 | -21% | -$40.4M |
|
91
Itaú Unibanco
ITUB
$77B
| $125M | 0.09% | 24,151,505 -4,374,400 | -15% | -$22.6M |
|
92
Jackson Financial
JXN
$6.88B
| $116M | 0.09% | 4,167,606 +13,600 | +0.3% | +$377K |
|
|
QVCGA
93
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $99.2M | 0.08% | 49,354,711 -346,375 | -0.7% | -$696K |
|
94
Liberty Global Class A
LBTYA
$4B
| $76M | 0.06% | 4,875,669 | – | – |
|
95
ICICI Bank
IBN
$113B
| $59.4M | 0.05% | 2,833,000 -474,500 | -14% | -$9.95M |
|
96
Union Pacific
UNP
$133B
| $55.1M | 0.04% | 283,022 -3,055 | -1% | -$595K |
|
97
Las Vegas Sands
LVS
$39.6B
| $53.8M | 0.04% | +1,435,058 | New | +$53.8M |
|
98
Cadence Design Systems
CDNS
$95.5B
| $48.9M | 0.04% | 299,080 -4,840 | -2% | -$791K |
|
99
JPMorgan Chase
JPM
$829B
| $47.3M | 0.04% | 452,360 -12,050 | -3% | -$1.26M |
|
100
Walt Disney
DIS
$213B
| $39.7M | 0.03% | 421,121 -7,520 | -2% | -$709K |
|