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 |
Humana
HUM
|
$1.34B |
| 2 |
SBA Communications
SBAC
|
$1.17B |
| 3 |
Avantor
AVTR
|
$647M |
| 4 |
Fortive
FTV
|
$583M |
| 5 |
Celanese
CE
|
$472M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$1.29B |
| 2 |
Wells Fargo
WFC
|
$1.16B |
| 3 |
Truist Financial
TFC
|
$1.11B |
| 4 |
Bank of America
BAC
|
$973M |
| 5 |
Goldman Sachs
GS
|
$864M |
Sector Composition
| 1 | Healthcare | 21.28% |
| 2 | Financials | 18.77% |
| 3 | Industrials | 12.45% |
| 4 | Technology | 12.31% |
| 5 | Communication Services | 11.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Itaú Unibanco
ITUB
$77B
| $82.4M | 0.05% | 16,621,005 +1,058,400 | +7% | +$5.25M |
|
102
Cadence Design Systems
CDNS
$95.5B
| $75.4M | 0.04% | 250,917 -6,860 | -3% | -$2.06M |
|
103
JPMorgan Chase
JPM
$829B
| $70.3M | 0.04% | 293,280 -10,295 | -3% | -$2.47M |
|
104
Union Pacific
UNP
$133B
| $63.4M | 0.04% | 278,219 -4,013 | -1% | -$915K |
|
105
Liberty Global Class A
LBTYA
$4B
| $60.8M | 0.04% | 4,767,561 | – | – |
|
106
GE Vernova
GEV
$167B
| $59M | 0.03% | 179,322 -3,018 | -2% | -$993K |
|
107
Microchip Technology
MCHP
$35.1B
| $34.9M | 0.02% | 608,865 -9,061 | -1% | -$520K |
|
108
Eli Lilly
LLY
$657B
| $34.6M | 0.02% | 44,797 -293 | -0.6% | -$226K |
|
109
Walt Disney
DIS
$213B
| $33.6M | 0.02% | 301,612 -2,569 | -0.8% | -$286K |
|
110
Chevron
CVX
$324B
| $26.6M | 0.02% | 183,553 -325 | -0.2% | -$47.1K |
|
111
Travelers Companies
TRV
$61.1B
| $26.1M | 0.02% | 108,188 -4,382 | -4% | -$1.06M |
|
112
Schlumberger
SLB
$55B
| $23.8M | 0.01% | 620,516 -25,000 | -4% | -$959K |
|
113
TSMC
TSM
$1.2T
| $21.2M | 0.01% | 107,500 | – | – |
|
114
Walmart
WMT
$774B
| $16.6M | 0.01% | 183,310 -13,800 | -7% | -$1.25M |
|
115
Procter & Gamble
PG
$368B
| $15.8M | 0.01% | 94,426 -302 | -0.3% | -$50.6K |
|
116
Merck
MRK
$210B
| $15.7M | 0.01% | 157,351 -900 | -0.6% | -$89.5K |
|
117
Target
TGT
$43.6B
| $15.4M | 0.01% | 113,719 -1,055 | -0.9% | -$143K |
|
118
Caterpillar
CAT
$196B
| $15.2M | 0.01% | 41,976 -300 | -0.7% | -$109K |
|
119
Thermo Fisher Scientific
TMO
$186B
| $13.6M | 0.01% | 26,121 -645 | -2% | -$336K |
|
120
Home Depot
HD
$405B
| $9.42M | 0.01% | 24,222 -210 | -0.9% | -$81.7K |
|
121
AstraZeneca
AZN
$248B
| $9.42M | 0.01% | 143,710 -5,325 | -4% | -$349K |
|
122
Adobe
ADBE
$151B
| $9.32M | 0.01% | 20,950 -267 | -1% | -$119K |
|
123
Boston Scientific
BSX
$156B
| $8.47M | ﹤0.01% | 94,795 -500 | -0.5% | -$44.7K |
|
124
Exxon Mobil
XOM
$487B
| $8.44M | ﹤0.01% | 78,461 -1,225 | -2% | -$132K |
|
125
IBM
IBM
$227B
| $7.5M | ﹤0.01% | 34,120 -150 | -0.4% | -$33K |
|