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 |
FedEx
FDX
|
$647M |
| 2 |
Schlumberger
SLB
|
$554M |
| 3 |
TE Connectivity
TEL
|
$542M |
| 4 |
Fox Class A
FOXA
|
$487M |
| 5 |
RTX Corp
RTX
|
$392M |
Top Sells
| 1 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$2B |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$577M |
| 3 |
Altice USA
ATUS
|
$411M |
| 4 |
American Express
AXP
|
$248M |
| 5 |
Hewlett Packard
HPE
|
$212M |
Sector Composition
| 1 | Financials | 23.78% |
| 2 | Healthcare | 18.15% |
| 3 | Communication Services | 15.13% |
| 4 | Technology | 13.75% |
| 5 | Energy | 8.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
RDS.A
101
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $9.24M | 0.01% | 147,629 -3,550 | -2% | -$222K |
|
102
NetApp
NTAP
$22.6B
| $8.49M | 0.01% | 122,378 -24,650 | -17% | -$1.71M |
|
103
GE Aerospace
GE
$292B
| $7.92M | 0.01% | 792,254 -76,000 | -9% | -$759K |
|
|
CS
104
DELISTED
Credit Suisse Group
CS
| $7.07M | 0.01% | 606,789 -259,510 | -30% | -$3.02M |
|
105
Motorola Solutions
MSI
$78.7B
| $6.93M | 0.01% | 49,339 -3,243 | -6% | -$455K |
|
106
Boston Scientific
BSX
$156B
| $6.78M | 0.01% | 176,745 -20,065 | -10% | -$770K |
|
107
Caterpillar
CAT
$196B
| $6.02M | ﹤0.01% | 44,395 -600 | -1% | -$81.3K |
|
108
DXC Technology
DXC
$2.59B
| $5.75M | ﹤0.01% | 89,366 -14,651 | -14% | -$942K |
|
109
Vulcan Materials
VMC
$38.5B
| $5.47M | ﹤0.01% | 46,200 -700 | -1% | -$82.9K |
|
110
PayPal
PYPL
$67.1B
| $5.01M | ﹤0.01% | 48,246 -2,800 | -5% | -$291K |
|
111
US Bancorp
USB
$76B
| $4.57M | ﹤0.01% | 94,721 -4,200 | -4% | -$202K |
|
112
Synopsys
SNPS
$112B
| $4.45M | ﹤0.01% | 38,630 -776,316 | -95% | -$89.4M |
|
113
Johnson & Johnson
JNJ
$427B
| $4.18M | ﹤0.01% | 29,922 -1,250 | -4% | -$175K |
|
114
Amgen
AMGN
$155B
| $4.15M | ﹤0.01% | 21,822 -600 | -3% | -$114K |
|
115
Nucor
NUE
$34.1B
| $3.86M | ﹤0.01% | 66,100 | – | – |
|
116
Diageo
DEO
$62.1B
| $3.72M | ﹤0.01% | 22,713 -800 | -3% | -$131K |
|
117
America Movil
AMX
$60.3B
| $3.65M | ﹤0.01% | 255,400 | – | – |
|
|
VMW
118
DELISTED
VMware, Inc
VMW
| $3.56M | ﹤0.01% | 19,700 -800 | -4% | -$144K |
|
119
3M
MMM
$82.8B
| $3.4M | ﹤0.01% | 16,371 -550 | -3% | -$114K |
|
120
Deere & Co
DE
$129B
| $2.97M | ﹤0.01% | 18,564 -200 | -1% | -$32K |
|
121
McDonald's
MCD
$224B
| $2.87M | ﹤0.01% | 15,113 -25 | -0.2% | -$4.75K |
|
|
UN
122
DELISTED
Unilever NV New York Registry Shares
UN
| $2.66M | ﹤0.01% | 45,571 -200 | -0.4% | -$11.7K |
|
123
Berkshire Hathaway Class B
BRK.B
$1.09T
| $2.61M | ﹤0.01% | 12,970 -2,100 | -14% | -$422K |
|
124
Abbott
ABT
$231B
| $2.58M | ﹤0.01% | 32,329 -500 | -2% | -$40K |
|
125
AbbVie
ABBV
$372B
| $2.52M | ﹤0.01% | 31,292 | – | – |
|