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 |
Booking.com
BKNG
|
$784M |
| 2 |
EMC
EMC CORPORATION
EMC
|
$737M |
| 3 |
Petrobras Class A
PBR.A
|
$470M |
| 4 |
Cisco
CSCO
|
$424M |
| 5 |
HP
HPQ
|
$369M |
Top Sells
| 1 |
AOL
AOL INC COMMON STOCK
AOL
|
$464M |
| 2 |
GSK
GSK
|
$456M |
| 3 |
CarMax
KMX
|
$404M |
| 4 |
Bank of New York Mellon
BK
|
$371M |
| 5 |
Nokia
NOK
|
$232M |
Sector Composition
| 1 | Financials | 22.33% |
| 2 | Technology | 19.62% |
| 3 | Healthcare | 16.6% |
| 4 | Communication Services | 16.32% |
| 5 | Energy | 11.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
WBA
126
DELISTED
Walgreens Boots Alliance
WBA
| $944K | ﹤0.01% |
11,179
| – | – |
|
127
Colgate-Palmolive
CL
$67.9B
| $916K | ﹤0.01% |
14,000
| – | – |
|
128
State Street
STT
$32.6B
| $886K | ﹤0.01% |
11,500
| – | – |
|
129
Honeywell
HON
$139B
| $844K | ﹤0.01% |
8,281
-3,570
| -30% | -$364K |
|
130
Air Products & Chemicals
APD
$65.5B
| $835K | ﹤0.01% |
6,100
-4,000
| -40% | -$548K |
|
131
Rio Tinto
RIO
$102B
| $789K | ﹤0.01% |
19,140
-600
| -3% | -$24.7K |
|
|
APC
132
DELISTED
Anadarko Petroleum
APC
| $772K | ﹤0.01% |
9,884
-1,040
| -10% | -$81.2K |
|
133
PepsiCo
PEP
$204B
| $762K | ﹤0.01% |
8,165
-800
| -9% | -$74.7K |
|
134
Macy's
M
$3.59B
| $729K | ﹤0.01% |
10,800
-1,122
| -9% | -$75.7K |
|
135
Xerox
XRX
$501M
| $692K | ﹤0.01% |
65,000
-31,000
| -32% | -$330K |
|
136
Phillips 66
PSX
$54B
| $687K | ﹤0.01% |
8,529
-61
| -0.7% | -$4.91K |
|
|
DNB
137
DELISTED
Dun & Bradstreet
DNB
| $662K | ﹤0.01% |
5,425
| – | – |
|
|
CTXS
138
DELISTED
Citrix Systems Inc
CTXS
| $633K | ﹤0.01% |
9,026
| – | – |
|
139
General Mills
GIS
$26.4B
| $624K | ﹤0.01% |
11,200
| – | – |
|
140
Marsh & McLennan
MMC
$101B
| $587K | ﹤0.01% |
10,360
| – | – |
|
141
Parker-Hannifin
PH
$96.2B
| $557K | ﹤0.01% |
4,788
-172
| -3% | -$20K |
|
142
Norfolk Southern
NSC
$62.8B
| $541K | ﹤0.01% |
6,197
| – | – |
|
143
Morgan Stanley
MS
$240B
| $528K | ﹤0.01% |
13,620
| – | – |
|
144
Ameriprise Financial
AMP
$48.5B
| $522K | ﹤0.01% |
4,182
| – | – |
|
145
Qualcomm
QCOM
$173B
| $501K | ﹤0.01% |
8,000
| – | – |
|
146
Gilead Sciences
GILD
$140B
| $498K | ﹤0.01% |
4,250
| – | – |
|
147
Elevance Health
ELV
$71.8B
| $492K | ﹤0.01% |
3,000
| – | – |
|
148
Mondelez International
MDLZ
$79.5B
| $487K | ﹤0.01% |
11,840
| – | – |
|
149
Visa
V
$683B
| $486K | ﹤0.01% |
7,240
| – | – |
|
|
AGN
150
DELISTED
Allergan plc
AGN
| $486K | ﹤0.01% |
1,601
-1
| -0.1% | -$304 |
|