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
|
+$1.8B |
| 2 |
Baxter International
BAX
|
+$627M |
| 3 |
SBA Communications
SBAC
|
+$360M |
| 4 |
SCHW
Charles Schwab
SCHW
|
+$250M |
| 5 |
Humana
HUM
|
+$223M |
Top Sells
| 1 |
Truist Financial
TFC
|
+$1.09B |
| 2 |
JNPR
Juniper Networks
JNPR
|
+$790M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$766M |
| 4 |
BNY
Bank of New York Mellon
BNY
|
+$411M |
| 5 |
Wells Fargo
WFC
|
+$301M |
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 |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Vulcan Materials
VMC
$38B
| $6.19M | ﹤0.01% |
24,700
| – | – |
|
127
Broadcom
AVGO
$1.83T
| $6.1M | ﹤0.01% |
35,340
-2,740
| -7% | -$439K |
|
128
Berkshire Hathaway Class B
BRK.B
$1.07T
| $5.85M | ﹤0.01% |
12,703
| – | – |
|
129
Synopsys
SNPS
$83.1B
| $5.75M | ﹤0.01% |
11,350
-100
| -0.9% | -$53.7K |
|
130
Apple
AAPL
$4.66T
| $5.56M | ﹤0.01% |
23,868
-450
| -2% | -$100K |
|
131
Deere & Co
DE
$158B
| $5.44M | ﹤0.01% |
13,036
| – | – |
|
132
Amgen
AMGN
$195B
| $4.6M | ﹤0.01% |
14,282
-100
| -0.7% | -$32.7K |
|
133
Danaher
DHR
$142B
| $4.59M | ﹤0.01% |
16,525
| – | – |
|
134
Cemex
CX
$18B
| $4.15M | ﹤0.01% |
679,700
+35,000
| +5% | +$220K |
|
135
Hewlett Packard
HPE
$62.6B
| $3.92M | ﹤0.01% |
191,783
-555,600
| -74% | -$10.6M |
|
136
Motorola Solutions
MSI
$69.4B
| $3.88M | ﹤0.01% |
8,627
| – | – |
|
137
Dell
DELL
$276B
| $3.86M | ﹤0.01% |
32,560
-5,840
| -15% | -$680K |
|
138
Shell
SHEL
$233B
| $3.8M | ﹤0.01% |
57,613
-100
| -0.2% | -$7.08K |
|
139
LPL Financial
LPLA
$25.7B
| $3.62M | ﹤0.01% |
+15,556
| New | +$3.51M |
|
140
Johnson & Johnson
JNJ
$621B
| $3.42M | ﹤0.01% |
21,097
| – | – |
|
141
Pfizer
PFE
$140B
| $3.26M | ﹤0.01% |
112,785
-3,150
| -3% | -$91.9K |
|
142
S&P Global
SPGI
$130B
| $2.79M | ﹤0.01% |
5,400
| – | – |
|
|
143
Berkshire Hathaway Class A
BRK.A
$1.07T
| $2.76M | ﹤0.01% |
4
| – | – |
|
144
PNC Financial Services
PNC
$102B
| $2.64M | ﹤0.01% |
14,275
| – | – |
|
145
Halliburton
HAL
$29.4B
| $2.36M | ﹤0.01% |
81,160
-6,042
| -7% | -$191K |
|
146
Otis Worldwide
OTIS
$28.2B
| $2.27M | ﹤0.01% |
21,810
| – | – |
|
147
AbbVie
ABBV
$438B
| $2.17M | ﹤0.01% |
11,006
| – | – |
|
148
Philip Morris
PM
$281B
| $2.06M | ﹤0.01% |
17,000
| – | – |
|
149
Abbott
ABT
$160B
| $2.04M | ﹤0.01% |
17,857
| – | – |
|
150
NextEra Energy
NEE
$184B
| $1.99M | ﹤0.01% |
23,600
| – | – |
|
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