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 |
Hewlett Packard
HPE
|
$3.31B |
| 2 |
American Express
AXP
|
$858M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
$856M |
| 4 |
Elevance Health
ELV
|
$414M |
| 5 |
AstraZeneca
AZN
|
$400M |
Top Sells
| 1 |
Pfizer
PFE
|
$1.39B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$994M |
| 3 |
GE Aerospace
GE
|
$840M |
| 4 |
UBS Group
UBS
|
$566M |
| 5 |
Baidu
BIDU
|
$504M |
Sector Composition
| 1 | Financials | 23.51% |
| 2 | Technology | 22.02% |
| 3 | Communication Services | 17.23% |
| 4 | Healthcare | 15.08% |
| 5 | Energy | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
PPG Industries
PPG
$25.1B
| $1.78M | ﹤0.01% | 18,000 | – | – |
|
127
Philip Morris
PM
$260B
| $1.75M | ﹤0.01% | 19,900 | – | – |
|
128
Coca-Cola
KO
$297B
| $1.47M | ﹤0.01% | 34,242 | – | – |
|
129
Altria Group
MO
$113B
| $1.39M | ﹤0.01% | 23,800 | – | – |
|
130
ConocoPhillips
COP
$124B
| $1.37M | ﹤0.01% | 29,388 -100 | -0.3% | -$4.67K |
|
131
Abbott
ABT
$231B
| $1.36M | ﹤0.01% | 30,268 | – | – |
|
132
NextEra Energy, Inc.
NEE
$148B
| $1.14M | ﹤0.01% | 11,000 | – | – |
|
133
Duke Energy
DUK
$95.3B
| $1.03M | ﹤0.01% | 14,445 -500 | -3% | -$35.7K |
|
|
LVNTA
134
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $992K | ﹤0.01% | 21,995 -1,803 | -8% | -$81.3K |
|
135
Berkshire Hathaway Class A
BRK.A
$1.09T
| $989K | ﹤0.01% | 5 | – | – |
|
136
Colgate-Palmolive
CL
$67.9B
| $933K | ﹤0.01% | 14,000 | – | – |
|
137
Air Products & Chemicals
APD
$65.5B
| $794K | ﹤0.01% | 6,100 | – | – |
|
138
Honeywell
HON
$139B
| $780K | ﹤0.01% | 7,531 | – | – |
|
|
WBA
139
DELISTED
Walgreens Boots Alliance
WBA
| $773K | ﹤0.01% | 9,079 -1,800 | -17% | -$153K |
|
140
PepsiCo
PEP
$204B
| $726K | ﹤0.01% | 7,265 -900 | -11% | -$89.9K |
|
|
CTXS
141
DELISTED
Citrix Systems Inc
CTXS
| $683K | ﹤0.01% | 9,026 | – | – |
|
142
Xerox
XRX
$501M
| $648K | ﹤0.01% | 61,000 -2,000 | -3% | -$21.2K |
|
143
Phillips 66
PSX
$54B
| $647K | ﹤0.01% | 7,905 -624 | -7% | -$51.1K |
|
144
General Mills
GIS
$26.4B
| $646K | ﹤0.01% | 11,200 | – | – |
|
|
DNB
145
DELISTED
Dun & Bradstreet
DNB
| $564K | ﹤0.01% | 5,425 | – | – |
|
146
HSBC
HSBC
$224B
| $553K | ﹤0.01% | 14,005 -6,400 | -31% | -$253K |
|
147
Mondelez International
MDLZ
$79.5B
| $531K | ﹤0.01% | 11,840 | – | – |
|
148
State Street
STT
$32.6B
| $531K | ﹤0.01% | 8,000 -1,800 | -18% | -$119K |
|
149
Kimberly-Clark
KMB
$42.8B
| $512K | ﹤0.01% | 4,023 -60 | -1% | -$7.64K |
|
150
Visa
V
$683B
| $510K | ﹤0.01% | 6,580 -660 | -9% | -$51.2K |
|