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 |
Air Products & Chemicals
APD
|
$1.96B |
| 2 |
Baxter International
BAX
|
$648M |
| 3 |
SBA Communications
SBAC
|
$391M |
| 4 |
Charles Schwab
SCHW
|
$246M |
| 5 |
Humana
HUM
|
$198M |
Top Sells
| 1 |
Truist Financial
TFC
|
$1.11B |
| 2 |
JNPR
Juniper Networks
JNPR
|
$807M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$757M |
| 4 |
Bank of New York Mellon
BK
|
$449M |
| 5 |
State Street
STT
|
$306M |
Sector Composition
| 1 | Healthcare | 22.27% |
| 2 | Financials | 19.03% |
| 3 | Industrials | 12.6% |
| 4 | Technology | 12% |
| 5 | Communication Services | 11.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Cadence Design Systems
CDNS
$95.5B
| $69.9M | 0.04% | 257,777 -3,341 | -1% | -$906K |
|
102
Union Pacific
UNP
$133B
| $69.6M | 0.04% | 282,232 -350 | -0.1% | -$86.3K |
|
103
JPMorgan Chase
JPM
$829B
| $64M | 0.04% | 303,575 -4,340 | -1% | -$915K |
|
104
Microchip Technology
MCHP
$35.1B
| $49.6M | 0.03% | 617,926 -4,035 | -0.6% | -$324K |
|
105
GE Vernova
GEV
$167B
| $46.5M | 0.03% | 182,340 -525 | -0.3% | -$134K |
|
106
Eli Lilly
LLY
$657B
| $39.9M | 0.02% | 45,090 -888 | -2% | -$787K |
|
107
Walt Disney
DIS
$213B
| $29.3M | 0.02% | 304,181 -1,675 | -0.5% | -$161K |
|
108
Chevron
CVX
$324B
| $27.1M | 0.02% | 183,878 -575 | -0.3% | -$84.7K |
|
109
Schlumberger
SLB
$55B
| $27.1M | 0.02% | 645,516 -24,963 | -4% | -$1.05M |
|
110
Travelers Companies
TRV
$61.1B
| $26.4M | 0.01% | 112,570 -300 | -0.3% | -$70.2K |
|
111
TSMC
TSM
$1.2T
| $18.7M | 0.01% | 107,500 +21,000 | +24% | +$3.65M |
|
112
Merck
MRK
$210B
| $18M | 0.01% | 158,251 -625 | -0.4% | -$71K |
|
113
Target
TGT
$43.6B
| $17.9M | 0.01% | 114,774 -1,520 | -1% | -$237K |
|
114
Thermo Fisher Scientific
TMO
$186B
| $16.6M | 0.01% | 26,766 -25 | -0.1% | -$15.5K |
|
115
Caterpillar
CAT
$196B
| $16.5M | 0.01% | 42,276 | – | – |
|
116
Procter & Gamble
PG
$368B
| $16.4M | 0.01% | 94,728 -175 | -0.2% | -$30.3K |
|
117
Walmart
WMT
$774B
| $15.9M | 0.01% | 197,110 -4,700 | -2% | -$380K |
|
118
AstraZeneca
AZN
$248B
| $11.6M | 0.01% | 149,035 -750 | -0.5% | -$58.4K |
|
119
Adobe
ADBE
$151B
| $11M | 0.01% | 21,217 -385 | -2% | -$199K |
|
120
Home Depot
HD
$405B
| $9.9M | 0.01% | 24,432 -50 | -0.2% | -$20.3K |
|
121
Exxon Mobil
XOM
$487B
| $9.34M | 0.01% | 79,686 -126 | -0.2% | -$14.8K |
|
122
Boston Scientific
BSX
$156B
| $7.99M | ﹤0.01% | 95,295 -1,800 | -2% | -$151K |
|
123
IBM
IBM
$227B
| $7.58M | ﹤0.01% | 34,270 | – | – |
|
124
Analog Devices
ADI
$124B
| $7.32M | ﹤0.01% | 31,815 | – | – |
|
|
HES
125
DELISTED
Hess
HES
| $6.32M | ﹤0.01% | 46,550 | – | – |
|