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 |
Fidelity National Information Services
FIS
|
$1.11B |
| 2 |
Charter Communications
CHTR
|
$592M |
| 3 |
Amazon
AMZN
|
$478M |
| 4 |
Sanofi
SNY
|
$414M |
| 5 |
Elanco Animal Health
ELAN
|
$388M |
Top Sells
| 1 |
Schlumberger
SLB
|
$1.16B |
| 2 |
ConocoPhillips
COP
|
$715M |
| 3 |
T-Mobile US
TMUS
|
$600M |
| 4 |
Microchip Technology
MCHP
|
$543M |
| 5 |
Goldman Sachs
GS
|
$425M |
Sector Composition
| 1 | Financials | 23.41% |
| 2 | Healthcare | 19.23% |
| 3 | Technology | 16.26% |
| 4 | Communication Services | 12.06% |
| 5 | Industrials | 10.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Brighthouse Financial
BHF
$2.7B
| $466M | 0.32% | 9,095,683 -98,811 | -1% | -$5.07M |
|
77
XP
XP
$9.56B
| $457M | 0.31% | 29,769,631 -97,100 | -0.3% | -$1.49M |
|
78
Linde
LIN
$224B
| $443M | 0.3% | 1,355,190 | – | – |
|
|
GAP
79
The Gap, Inc.
GAP
$8.21B
| $428M | 0.29% | 37,980,426 -287,700 | -0.8% | -$3.25M |
|
80
TC Energy
TRP
$54.1B
| $410M | 0.28% | 10,296,000 | – | – |
|
81
Otis Worldwide
OTIS
$33.9B
| $409M | 0.28% | 5,223,222 -33,400 | -0.6% | -$2.62M |
|
82
Fox Class B
FOX
$24.3B
| $335M | 0.23% | 11,787,394 -662,813 | -5% | -$18.9M |
|
83
Gaming and Leisure Properties
GLPI
$13.6B
| $329M | 0.23% | 6,315,711 +11,672 | +0.2% | +$608K |
|
84
Medtronic
MDT
$119B
| $318M | 0.22% | 4,095,059 -119,562 | -3% | -$9.29M |
|
85
Televisa
TV
$1.49B
| $296M | 0.2% | 64,848,920 -150,000 | -0.2% | -$684K |
|
|
86
Schlumberger
SLB
$55B
| $212M | 0.15% | 3,972,203 -21,733,270 | -85% | -$1.16B |
|
|
MFGP
87
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $211M | 0.14% | 33,422,617 -360,618 | -1% | -$2.28M |
|
88
News Corp Class A
NWSA
$16.6B
| $196M | 0.13% | 10,750,573 -129,650 | -1% | -$2.36M |
|
89
Liberty Global Class C
LBTYK
$4.07B
| $174M | 0.12% | 8,961,768 | – | – |
|
90
Jackson Financial
JXN
$6.88B
| $142M | 0.1% | 4,081,506 -86,100 | -2% | -$3M |
|
91
Lincoln National
LNC
$8.14B
| $132M | 0.09% | 4,310,762 +20,250 | +0.5% | +$622K |
|
92
Liberty Global Class A
LBTYA
$4B
| $92.3M | 0.06% | 4,875,669 | – | – |
|
|
QVCGA
93
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $78.3M | 0.05% | 48,026,011 -1,328,700 | -3% | -$2.17M |
|
94
Itaú Unibanco
ITUB
$77B
| $72M | 0.05% | 15,276,105 -8,875,400 | -37% | -$41.8M |
|
95
Fresenius Medical Care
FMS
$15.1B
| $57.3M | 0.04% | 3,504,200 +2,228,800 | +175% | +$36.4M |
|
96
Union Pacific
UNP
$133B
| $57M | 0.04% | 275,450 -7,572 | -3% | -$1.57M |
|
97
JPMorgan Chase
JPM
$829B
| $55.5M | 0.04% | 414,000 -38,360 | -8% | -$5.14M |
|
98
Cadence Design Systems
CDNS
$95.5B
| $47.8M | 0.03% | 297,377 -1,703 | -0.6% | -$274K |
|
99
ICICI Bank
IBN
$113B
| $43.4M | 0.03% | 1,983,400 -849,600 | -30% | -$18.6M |
|
100
Chevron
CVX
$324B
| $36.3M | 0.02% | 202,282 -18,226 | -8% | -$3.27M |
|