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 |
Fortive
FTV
|
$1.03B |
| 2 |
Air Products & Chemicals
APD
|
$618M |
| 3 |
Comcast
CMCSA
|
$558M |
| 4 |
Occidental Petroleum
OXY
|
$535M |
| 5 |
Sun Communities
SUI
|
$520M |
Top Sells
| 1 |
T-Mobile US
TMUS
|
$947M |
| 2 |
Wells Fargo
WFC
|
$921M |
| 3 |
Johnson Controls International
JCI
|
$765M |
| 4 |
Williams Companies
WMB
|
$603M |
| 5 |
Bank of America
BAC
|
$420M |
Sector Composition
| 1 | Healthcare | 23.44% |
| 2 | Financials | 17.56% |
| 3 | Industrials | 11.99% |
| 4 | Technology | 11.85% |
| 5 | Communication Services | 11.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Nutrien
NTR
$28B
| $619M | 0.35% |
12,462,259
-61,000
| -0.5% | -$3.03M |
|
77
Neurocrine Biosciences
NBIX
$13.8B
| $612M | 0.35% |
5,534,624
+2,518,199
| +83% | +$279M |
|
|
GAP
78
The Gap, Inc.
GAP
$8.21B
| $592M | 0.34% |
28,734,711
-90,010
| -0.3% | -$1.86M |
|
79
XP
XP
$9.56B
| $585M | 0.33% |
42,537,845
-615,400
| -1% | -$8.46M |
|
80
Honda
HMC
$44.4B
| $570M | 0.33% |
21,020,005
-1,054,895
| -5% | -$28.6M |
|
81
Fox Class B
FOX
$24.3B
| $532M | 0.3% |
10,099,284
-1,241,916
| -11% | -$65.5M |
|
82
Baidu
BIDU
$32.8B
| $501M | 0.29% |
5,440,815
-475,400
| -8% | -$43.8M |
|
83
LPL Financial
LPLA
$29.2B
| $498M | 0.28% |
1,523,460
+1,053,351
| +224% | +$345M |
|
84
TC Energy
TRP
$54.1B
| $495M | 0.28% |
10,486,600
-466,600
| -4% | -$22M |
|
85
Yum China
YUMC
$16.4B
| $443M | 0.25% |
8,513,162
+1,000
| +0% | +$52.1K |
|
86
Coherent
COHR
$14.1B
| $418M | 0.24% |
6,437,769
-3,801,330
| -37% | -$247M |
|
87
Cemex
CX
$13.2B
| $394M | 0.22% |
70,320,800
+20,698,791
| +42% | +$116M |
|
88
News Corp Class A
NWSA
$16.6B
| $377M | 0.21% |
13,846,298
+2,183,613
| +19% | +$59.4M |
|
89
EchoStar
SATS
$17.8B
| $343M | 0.2% |
13,407,953
-8,050
| -0.1% | -$206K |
|
90
Teck Resources
TECK
$16.7B
| $309M | 0.18% |
8,483,340
-75,600
| -0.9% | -$2.75M |
|
91
NetEase
NTES
$86.2B
| $289M | 0.16% |
2,803,664
+153,788
| +6% | +$15.8M |
|
92
Millicom
TIGO
$8.07B
| $263M | 0.15% |
+8,701,732
| New | +$263M |
|
93
HDFC Bank
HDB
$182B
| $215M | 0.12% |
3,232,300
-39,300
| -1% | -$2.61M |
|
94
Flutter Entertainment
FLUT
$54B
| $139M | 0.08% |
628,878
| – | – |
|
95
Televisa
TV
$1.49B
| $112M | 0.06% |
64,212,690
| – | – |
|
|
SNRE
96
DELISTED
Sunrise Communications AG American Depositary Shares representing Class A shares
SNRE
| $111M | 0.06% |
2,289,925
| – | – |
|
97
Fresenius Medical Care
FMS
$15.1B
| $104M | 0.06% |
4,173,510
| – | – |
|
98
American Express
AXP
$231B
| $101M | 0.06% |
374,172
-25,168
| -6% | -$6.77M |
|
99
Itaú Unibanco
ITUB
$77B
| $96.2M | 0.05% |
17,493,415
+872,410
| +5% | +$4.8M |
|
100
Liberty Global Class C
LBTYK
$4.07B
| $80M | 0.05% |
6,682,068
| – | – |
|