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 |
RTX Corp
RTX
|
$1.31B |
| 2 |
Linde
LIN
|
$1.29B |
| 3 |
Occidental Petroleum
OXY
|
$1.11B |
| 4 |
Cigna
CI
|
$823M |
| 5 |
Microchip Technology
MCHP
|
$603M |
Top Sells
| 1 |
ESRX
Express Scripts Holding Company
ESRX
|
$3.79B |
| 2 |
Medtronic
MDT
|
$1.06B |
| 3 |
Eli Lilly
LLY
|
$832M |
| 4 |
Union Pacific
UNP
|
$803M |
| 5 |
Novartis
NVS
|
$649M |
Sector Composition
| 1 | Financials | 24.52% |
| 2 | Healthcare | 19.64% |
| 3 | Communication Services | 16.37% |
| 4 | Technology | 12.94% |
| 5 | Energy | 7.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
IBM
IBM
$227B
| $8.85M | 0.01% | 77,870 -1,040 | -1% | -$118K |
|
|
RDS.A
102
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $8.81M | 0.01% | 151,179 -8,700 | -5% | -$507K |
|
103
Thermo Fisher Scientific
TMO
$186B
| $8.81M | 0.01% | 39,348 -750 | -2% | -$168K |
|
104
NetApp
NTAP
$22.6B
| $8.77M | 0.01% | 147,028 -9,050 | -6% | -$540K |
|
105
Exxon Mobil
XOM
$487B
| $8.51M | 0.01% | 124,801 -3,543 | -3% | -$242K |
|
106
Boston Scientific
BSX
$156B
| $6.96M | 0.01% | 196,810 -7,445 | -4% | -$263K |
|
107
GE Aerospace
GE
$292B
| $6.57M | 0.01% | 868,254 +182,430 | +27% | +$1.38M |
|
108
Walt Disney
DIS
$213B
| $6.25M | 0.01% | 57,033 -623 | -1% | -$68.3K |
|
109
Motorola Solutions
MSI
$78.7B
| $6.05M | 0.01% | 52,582 -500 | -0.9% | -$57.5K |
|
110
Caterpillar
CAT
$196B
| $5.72M | 0.01% | 44,995 -1,297 | -3% | -$165K |
|
111
DXC Technology
DXC
$2.59B
| $5.53M | 0.01% | 104,017 -2,450 | -2% | -$130K |
|
112
Vulcan Materials
VMC
$38.5B
| $4.63M | ﹤0.01% | 46,900 -425 | -0.9% | -$42K |
|
113
US Bancorp
USB
$76B
| $4.52M | ﹤0.01% | 98,921 -6,300 | -6% | -$288K |
|
114
Amgen
AMGN
$155B
| $4.37M | ﹤0.01% | 22,422 -600 | -3% | -$117K |
|
115
PayPal
PYPL
$67.1B
| $4.29M | ﹤0.01% | 51,046 -2,429 | -5% | -$204K |
|
116
Johnson & Johnson
JNJ
$427B
| $4.02M | ﹤0.01% | 31,172 -518 | -2% | -$66.9K |
|
117
America Movil
AMX
$60.3B
| $3.64M | ﹤0.01% | 255,400 | – | – |
|
118
Nucor
NUE
$34.1B
| $3.43M | ﹤0.01% | 66,100 | – | – |
|
119
Diageo
DEO
$62.1B
| $3.33M | ﹤0.01% | 23,513 -1,750 | -7% | -$248K |
|
120
3M
MMM
$82.8B
| $3.22M | ﹤0.01% | 16,921 -400 | -2% | -$76.2K |
|
121
Berkshire Hathaway Class B
BRK.B
$1.09T
| $3.08M | ﹤0.01% | 15,070 -1,350 | -8% | -$276K |
|
122
AbbVie
ABBV
$372B
| $2.89M | ﹤0.01% | 31,292 | – | – |
|
|
VMW
123
DELISTED
VMware, Inc
VMW
| $2.81M | ﹤0.01% | 20,500 -1,100 | -5% | -$151K |
|
124
Deere & Co
DE
$129B
| $2.8M | ﹤0.01% | 18,764 -840 | -4% | -$125K |
|
125
McDonald's
MCD
$224B
| $2.69M | ﹤0.01% | 15,138 | – | – |
|