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 |
International Flavors & Fragrances
IFF
|
$1.06B |
| 2 |
American Electric Power
AEP
|
$978M |
| 3 |
Charter Communications
CHTR
|
$920M |
| 4 |
CVS Health
CVS
|
$845M |
| 5 |
Johnson Controls International
JCI
|
$793M |
Top Sells
| 1 |
Ovintiv
OVV
|
$742M |
| 2 |
Microchip Technology
MCHP
|
$696M |
| 3 |
Microsoft
MSFT
|
$560M |
| 4 |
UBS Group
UBS
|
$520M |
| 5 |
Otis Worldwide
OTIS
|
$497M |
Sector Composition
| 1 | Financials | 22.08% |
| 2 | Healthcare | 21.18% |
| 3 | Technology | 13.05% |
| 4 | Communication Services | 11.27% |
| 5 | Industrials | 11.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Occidental Petroleum Corporation Warrants to Purchase Common Stock
OXY.WS
$24B
| $615M | 0.36% | 14,273,570 -1,500 | -0% | -$64.7K |
|
77
Medtronic
MDT
$119B
| $592M | 0.34% | 6,789,315 +9,450 | +0.1% | +$824K |
|
78
Alnylam Pharmaceuticals
ALNY
$58.5B
| $570M | 0.33% | 3,811,480 +137,170 | +4% | +$20.5M |
|
79
VF Corp
VFC
$5.91B
| $543M | 0.32% | 35,430,050 +3,121,450 | +10% | +$47.9M |
|
80
Teck Resources
TECK
$16.7B
| $483M | 0.28% | 10,560,340 -7,753,300 | -42% | -$355M |
|
81
TC Energy
TRP
$54.1B
| $477M | 0.28% | 11,860,400 | – | – |
|
82
Brighthouse Financial
BHF
$2.7B
| $450M | 0.26% | 8,739,296 -18,538 | -0.2% | -$955K |
|
|
83
Ovintiv
OVV
$10.8B
| $450M | 0.26% | 8,665,010 -14,290,241 | -62% | -$742M |
|
84
Baidu
BIDU
$32.8B
| $398M | 0.23% | 3,783,715 +633,600 | +20% | +$66.7M |
|
85
Fox Class B
FOX
$24.3B
| $325M | 0.19% | 11,343,323 +39,800 | +0.4% | +$1.14M |
|
86
Gaming and Leisure Properties
GLPI
$13.6B
| $296M | 0.17% | 6,432,387 +29,806 | +0.5% | +$1.37M |
|
87
News Corp Class A
NWSA
$16.6B
| $274M | 0.16% | 10,466,332 -11,125 | -0.1% | -$291K |
|
88
Yum China
YUMC
$16.4B
| $267M | 0.16% | 6,719,862 +3,554,331 | +112% | +$141M |
|
89
Televisa
TV
$1.49B
| $205M | 0.12% | 64,212,690 -192,400 | -0.3% | -$616K |
|
90
EchoStar
SATS
$17.8B
| $195M | 0.11% | +13,656,514 | New | +$195M |
|
91
Neurocrine Biosciences
NBIX
$13.8B
| $175M | 0.1% | 1,265,244 +5,500 | +0.4% | +$759K |
|
92
Liberty Global Class C
LBTYK
$4.07B
| $155M | 0.09% | 8,786,768 | – | – |
|
93
Flutter Entertainment
FLUT
$54B
| $123M | 0.07% | +624,478 | New | +$123M |
|
94
HDFC Bank
HDB
$182B
| $116M | 0.07% | 2,069,342 +1,507,873 | +269% | +$84.4M |
|
95
Itaú Unibanco
ITUB
$77B
| $110M | 0.06% | 15,806,905 -104,000 | -0.7% | -$721K |
|
96
NetEase
NTES
$86.2B
| $98M | 0.06% | 947,126 -851,900 | -47% | -$88.1M |
|
97
American Express
AXP
$231B
| $97.6M | 0.06% | 428,616 -5,481 | -1% | -$1.25M |
|
98
Cadence Design Systems
CDNS
$95.5B
| $82.5M | 0.05% | 265,065 -9,786 | -4% | -$3.05M |
|
99
Fresenius Medical Care
FMS
$15.1B
| $81.4M | 0.05% | 4,223,110 | – | – |
|
100
Liberty Global Class A
LBTYA
$4B
| $80.7M | 0.05% | 4,767,561 | – | – |
|