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 |
Wells Fargo
WFC
|
$649M |
| 2 |
RTX Corp
RTX
|
$602M |
| 3 |
BioMarin Pharmaceuticals
BMRN
|
$312M |
| 4 |
Bank of New York Mellon
BK
|
$272M |
| 5 |
Williams Companies
WMB
|
$252M |
Top Sells
| 1 |
FedEx
FDX
|
$2.42B |
| 2 |
Microsoft
MSFT
|
$532M |
| 3 |
Goldman Sachs
GS
|
$470M |
| 4 |
Microchip Technology
MCHP
|
$438M |
| 5 |
Booking.com
BKNG
|
$400M |
Sector Composition
| 1 | Financials | 24.97% |
| 2 | Technology | 18.56% |
| 3 | Healthcare | 15.26% |
| 4 | Communication Services | 15% |
| 5 | Industrials | 10.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Home Depot
HD
$405B
| $11M | 0.01% | 39,762 -5,575 | -12% | -$1.55M |
|
102
Pfizer
PFE
$141B
| $7.89M | 0.01% | 214,844 -26,743 | -11% | -$981K |
|
103
PayPal
PYPL
$67.1B
| $7.62M | 0.01% | 38,650 -1,421 | -4% | -$280K |
|
|
MXIM
104
DELISTED
Maxim Integrated Products
MXIM
| $6.74M | 0.01% | 99,650 -9,325 | -9% | -$630K |
|
105
IBM
IBM
$227B
| $6.66M | 0.01% | 54,731 -2,849 | -5% | -$347K |
|
106
Caterpillar
CAT
$196B
| $6.18M | 0.01% | 41,451 -106 | -0.3% | -$15.8K |
|
107
Corning
GLW
$57.4B
| $5.89M | 0.01% | 181,652 -15,100 | -8% | -$489K |
|
108
Vulcan Materials
VMC
$38.5B
| $5.31M | ﹤0.01% | 39,200 -200 | -0.5% | -$27.1K |
|
109
Boston Scientific
BSX
$156B
| $5.27M | ﹤0.01% | 137,990 -5,100 | -4% | -$195K |
|
110
Apple
AAPL
$3.45T
| $5.23M | ﹤0.01% | 45,156 +32,430 | +255% | +$3.76M |
|
111
Amgen
AMGN
$155B
| $4.82M | ﹤0.01% | 18,957 -1,185 | -6% | -$301K |
|
112
Danaher
DHR
$147B
| $4.73M | ﹤0.01% | 21,942 -1,325 | -6% | -$285K |
|
113
Exxon Mobil
XOM
$487B
| $3.95M | ﹤0.01% | 115,001 -3,572 | -3% | -$123K |
|
114
Johnson & Johnson
JNJ
$427B
| $3.92M | ﹤0.01% | 26,295 -85 | -0.3% | -$12.7K |
|
115
Deere & Co
DE
$129B
| $3.66M | ﹤0.01% | 16,529 -210 | -1% | -$46.5K |
|
116
Synopsys
SNPS
$112B
| $3.28M | ﹤0.01% | 15,330 -100 | -0.6% | -$21.4K |
|
117
US Bancorp
USB
$76B
| $3.24M | ﹤0.01% | 90,300 -200 | -0.2% | -$7.17K |
|
118
AT&T
T
$209B
| $3.21M | ﹤0.01% | 112,646 -7,639 | -6% | -$218K |
|
119
McDonald's
MCD
$224B
| $3.01M | ﹤0.01% | 13,725 -45 | -0.3% | -$9.88K |
|
120
Berkshire Hathaway Class B
BRK.B
$1.09T
| $2.73M | ﹤0.01% | 12,820 | – | – |
|
|
UN
121
DELISTED
Unilever NV New York Registry Shares
UN
| $2.71M | ﹤0.01% | 44,838 | – | – |
|
122
DuPont de Nemours
DD
$32.2B
| $2.66M | ﹤0.01% | 47,998 -3,987 | -8% | -$221K |
|
123
Ericsson
ERIC
$26.2B
| $2.57M | ﹤0.01% | 235,950 -35,950 | -13% | -$391K |
|
124
eBay
EBAY
$41.4B
| $2.54M | ﹤0.01% | 48,681 -1,050 | -2% | -$54.7K |
|
125
Abbott
ABT
$231B
| $2.52M | ﹤0.01% | 23,114 -1,142 | -5% | -$124K |
|