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 |
CVS Health
CVS
|
$747M |
| 2 |
Bank of America
BAC
|
$668M |
| 3 |
Truist Financial
TFC
|
$648M |
| 4 |
VF Corp
VFC
|
$567M |
| 5 |
Fidelity National Information Services
FIS
|
$491M |
Top Sells
| 1 |
VMW
VMware, Inc
VMW
|
$1.05B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$644M |
| 3 |
Capital One
COF
|
$613M |
| 4 |
Cisco
CSCO
|
$608M |
| 5 |
UBS Group
UBS
|
$455M |
Sector Composition
| 1 | Financials | 20.65% |
| 2 | Healthcare | 19.58% |
| 3 | Technology | 15.74% |
| 4 | Communication Services | 12.93% |
| 5 | Industrials | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
JPMorgan Chase
JPM
$829B
| $47.9M | 0.03% | 330,510 -15,875 | -5% | -$2.3M |
|
102
ICICI Bank
IBN
$113B
| $41.6M | 0.03% | 1,800,300 -197,300 | -10% | -$4.56M |
|
103
Chevron
CVX
$324B
| $32.2M | 0.02% | 191,038 -554 | -0.3% | -$93.4K |
|
104
Eli Lilly
LLY
$657B
| $29.5M | 0.02% | 54,990 -4,655 | -8% | -$2.5M |
|
105
Walt Disney
DIS
$213B
| $27.4M | 0.02% | 338,428 -26,335 | -7% | -$2.13M |
|
106
Neurocrine Biosciences
NBIX
$13.8B
| $24M | 0.02% | +213,602 | New | +$24M |
|
107
Travelers Companies
TRV
$61.1B
| $18.6M | 0.01% | 113,820 -1,700 | -1% | -$278K |
|
108
Merck
MRK
$210B
| $16.9M | 0.01% | 163,795 -6,650 | -4% | -$685K |
|
109
Procter & Gamble
PG
$368B
| $14.2M | 0.01% | 97,038 -1,200 | -1% | -$175K |
|
110
Thermo Fisher Scientific
TMO
$186B
| $13.8M | 0.01% | 27,173 -250 | -0.9% | -$127K |
|
111
Target
TGT
$43.6B
| $13.7M | 0.01% | 123,524 -1,450 | -1% | -$160K |
|
112
Caterpillar
CAT
$196B
| $11.6M | 0.01% | 42,379 +12,380 | +41% | +$3.38M |
|
113
Walmart
WMT
$774B
| $11.5M | 0.01% | 71,770 -1,080 | -1% | -$173K |
|
114
Adobe
ADBE
$151B
| $11.3M | 0.01% | 22,144 -77 | -0.3% | -$39.3K |
|
115
AstraZeneca
AZN
$248B
| $10.7M | 0.01% | 157,325 -39,250 | -20% | -$2.66M |
|
116
Exxon Mobil
XOM
$487B
| $9.52M | 0.01% | 80,935 | – | – |
|
|
HES
117
DELISTED
Hess
HES
| $7.85M | 0.01% | 51,332 -4,900 | -9% | -$750K |
|
118
Home Depot
HD
$405B
| $7.66M | 0.01% | 25,367 -50 | -0.2% | -$15.1K |
|
119
Analog Devices
ADI
$124B
| $6.1M | ﹤0.01% | 34,824 -766 | -2% | -$134K |
|
120
Halliburton
HAL
$19.4B
| $5.84M | ﹤0.01% | 144,100 -46,650 | -24% | -$1.89M |
|
121
Synopsys
SNPS
$112B
| $5.58M | ﹤0.01% | 12,150 -900 | -7% | -$413K |
|
122
Boston Scientific
BSX
$156B
| $5.13M | ﹤0.01% | 97,105 -1,775 | -2% | -$93.7K |
|
123
Vulcan Materials
VMC
$38.5B
| $5.09M | ﹤0.01% | 25,200 | – | – |
|
124
Deere & Co
DE
$129B
| $4.99M | ﹤0.01% | 13,211 +850 | +7% | +$321K |
|
125
IBM
IBM
$227B
| $4.94M | ﹤0.01% | 35,185 | – | – |
|