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 |
International Flavors & Fragrances
IFF
|
$1.06B |
| 2 |
American Electric Power
AEP
|
$978M |
| 3 |
Charter Communications
CHTR
|
$920M |
| 4 |
CVS Health
CVS
|
$845M |
| 5 |
Johnson Controls International
JCI
|
$793M |
Top Sells
| 1 |
Ovintiv
OVV
|
$742M |
| 2 |
Microchip Technology
MCHP
|
$696M |
| 3 |
Microsoft
MSFT
|
$560M |
| 4 |
UBS Group
UBS
|
$520M |
| 5 |
Otis Worldwide
OTIS
|
$497M |
Sector Composition
| 1 | Financials | 22.08% |
| 2 | Healthcare | 21.18% |
| 3 | Technology | 13.05% |
| 4 | Communication Services | 11.27% |
| 5 | Industrials | 11.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Union Pacific
UNP
$133B
| $69.6M | 0.04% | 283,191 -1,437 | -0.5% | -$353K |
|
102
JPMorgan Chase
JPM
$829B
| $64.2M | 0.04% | 320,565 -4,970 | -2% | -$995K |
|
103
Schlumberger
SLB
$55B
| $40.2M | 0.02% | 732,847 -51,550 | -7% | -$2.83M |
|
104
Walt Disney
DIS
$213B
| $38M | 0.02% | 310,878 -6,856 | -2% | -$839K |
|
105
Eli Lilly
LLY
$657B
| $36.5M | 0.02% | 46,925 -7,104 | -13% | -$5.53M |
|
106
Chevron
CVX
$324B
| $29.2M | 0.02% | 185,338 -2,687 | -1% | -$424K |
|
107
Travelers Companies
TRV
$61.1B
| $26M | 0.02% | 112,870 -900 | -0.8% | -$207K |
|
108
Merck
MRK
$210B
| $21.2M | 0.01% | 160,495 -450 | -0.3% | -$59.4K |
|
109
Target
TGT
$43.6B
| $20.9M | 0.01% | 117,799 -1,425 | -1% | -$253K |
|
110
Thermo Fisher Scientific
TMO
$186B
| $15.6M | 0.01% | 26,798 -375 | -1% | -$218K |
|
111
Procter & Gamble
PG
$368B
| $15.5M | 0.01% | 95,803 -1,235 | -1% | -$200K |
|
112
Caterpillar
CAT
$196B
| $15.5M | 0.01% | 42,326 -53 | -0.1% | -$19.4K |
|
113
Walmart
WMT
$774B
| $12.4M | 0.01% | 206,860 +137,040 | +196% | +$8.25M |
|
114
TSMC
TSM
$1.2T
| $11.8M | 0.01% | 86,500 +25,000 | +41% | +$3.4M |
|
115
Adobe
ADBE
$151B
| $10.9M | 0.01% | 21,680 -390 | -2% | -$197K |
|
116
AstraZeneca
AZN
$248B
| $10.5M | 0.01% | 155,285 -390 | -0.3% | -$26.4K |
|
117
Home Depot
HD
$405B
| $9.52M | 0.01% | 24,817 -500 | -2% | -$192K |
|
118
Exxon Mobil
XOM
$487B
| $9.34M | 0.01% | 80,359 -323 | -0.4% | -$37.5K |
|
|
HES
119
DELISTED
Hess
HES
| $7.27M | ﹤0.01% | 47,600 -550 | -1% | -$84K |
|
120
Dell
DELL
$82.6B
| $7.25M | ﹤0.01% | 63,550 -180,347 | -74% | -$20.6M |
|
121
Vulcan Materials
VMC
$38.5B
| $6.74M | ﹤0.01% | 24,700 -500 | -2% | -$136K |
|
122
Boston Scientific
BSX
$156B
| $6.65M | ﹤0.01% | 97,095 | – | – |
|
123
Broadcom
AVGO
$1.4T
| $6.57M | ﹤0.01% | 4,958 -50,787 | -91% | -$67.3M |
|
124
IBM
IBM
$227B
| $6.54M | ﹤0.01% | 34,270 -700 | -2% | -$134K |
|
125
Synopsys
SNPS
$112B
| $6.54M | ﹤0.01% | 11,450 -100 | -0.9% | -$57.2K |
|