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 |
State Street
STT
|
$840M |
| 2 |
HP
HPQ
|
$618M |
| 3 |
Dell
DELL
|
$554M |
| 4 |
Bank of America
BAC
|
$463M |
| 5 |
Cisco
CSCO
|
$448M |
Top Sells
| 1 |
Charter Communications
CHTR
|
$1.17B |
| 2 |
Eli Lilly
LLY
|
$1.08B |
| 3 |
Microsoft
MSFT
|
$877M |
| 4 |
Bristol-Myers Squibb
BMY
|
$780M |
| 5 |
Sanofi
SNY
|
$472M |
Sector Composition
| 1 | Financials | 24.47% |
| 2 | Healthcare | 19.44% |
| 3 | Technology | 17.53% |
| 4 | Communication Services | 13.51% |
| 5 | Industrials | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Corning
GLW
$57.4B
| $4.73M | 0.01% | 230,302 -120,898 | -34% | -$2.48M |
|
102
Exxon Mobil
XOM
$487B
| $4.56M | ﹤0.01% | 120,059 -2,290 | -2% | -$87K |
|
103
Vulcan Materials
VMC
$38.5B
| $4.52M | ﹤0.01% | 41,800 -2,700 | -6% | -$292K |
|
|
RDS.A
104
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $4.28M | ﹤0.01% | 122,758 -6,510 | -5% | -$227K |
|
105
Amgen
AMGN
$155B
| $4.22M | ﹤0.01% | 20,797 -575 | -3% | -$117K |
|
106
PayPal
PYPL
$67.1B
| $4.18M | ﹤0.01% | 43,671 -250 | -0.6% | -$23.9K |
|
107
Johnson & Johnson
JNJ
$427B
| $3.51M | ﹤0.01% | 26,740 -200 | -0.7% | -$26.2K |
|
108
GE Aerospace
GE
$292B
| $3.47M | ﹤0.01% | 437,383 -252,511 | -37% | -$2.01M |
|
109
Danaher
DHR
$147B
| $3.25M | ﹤0.01% | 23,510 | – | – |
|
110
US Bancorp
USB
$76B
| $3.14M | ﹤0.01% | 91,221 -3,200 | -3% | -$110K |
|
111
Apple
AAPL
$3.45T
| $2.79M | ﹤0.01% | 10,951 | – | – |
|
112
Ericsson
ERIC
$26.2B
| $2.78M | ﹤0.01% | 343,917 -148,600 | -30% | -$1.2M |
|
113
NetApp
NTAP
$22.6B
| $2.71M | ﹤0.01% | 64,950 -24,650 | -28% | -$1.03M |
|
114
Deere & Co
DE
$129B
| $2.51M | ﹤0.01% | 18,189 | – | – |
|
115
McDonald's
MCD
$224B
| $2.47M | ﹤0.01% | 14,913 | – | – |
|
116
Berkshire Hathaway Class B
BRK.B
$1.09T
| $2.34M | ﹤0.01% | 12,820 -150 | -1% | -$27.4K |
|
|
UN
117
DELISTED
Unilever NV New York Registry Shares
UN
| $2.2M | ﹤0.01% | 45,171 | – | – |
|
118
Diageo
DEO
$62.1B
| $2.14M | ﹤0.01% | 16,811 -700 | -4% | -$89K |
|
119
3M
MMM
$82.8B
| $2.13M | ﹤0.01% | 15,571 -800 | -5% | -$109K |
|
|
CS
120
DELISTED
Credit Suisse Group
CS
| $2.12M | ﹤0.01% | 261,771 -56,990 | -18% | -$461K |
|
121
Synopsys
SNPS
$112B
| $1.96M | ﹤0.01% | 15,250 -1,600 | -9% | -$206K |
|
122
DuPont de Nemours
DD
$32.2B
| $1.92M | ﹤0.01% | 56,194 -4,417 | -7% | -$151K |
|
123
Abbott
ABT
$231B
| $1.91M | ﹤0.01% | 24,146 -1,076 | -4% | -$84.9K |
|
124
PNC Financial Services
PNC
$81.7B
| $1.79M | ﹤0.01% | 18,680 | – | – |
|
125
NextEra Energy, Inc.
NEE
$148B
| $1.71M | ﹤0.01% | 7,092 -50 | -0.7% | -$12K |
|