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
| Rank | Stock | Value |
|---|---|---|
| 1 |
APA Corp
APA
|
+$468M |
| 2 |
S
Sprint Corporation
S
|
+$437M |
| 3 |
UnitedHealth
UNH
|
+$366M |
| 4 |
Microsoft
MSFT
|
+$305M |
| 5 |
ADT
ADT Corp
ADT
|
+$247M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FON
SPRINT CORP FON COM
FON
|
+$1.76B |
| 2 |
Xerox
XRX
|
+$625M |
| 3 |
PC
PANASONIC CORP ADR (REP 1 SHR COM STK) (JP)
PC
|
+$347M |
| 4 |
Adobe
ADBE
|
+$282M |
| 5 |
Vodafone
VOD
|
+$252M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.99% |
| 2 | Technology | 19.81% |
| 3 | Healthcare | 18.2% |
| 4 | Communication Services | 15.23% |
| 5 | Energy | 10.65% |
Similar funds
Dodge & Cox's Q3 2013 Portfolio in Review
As of Q3 2013, Dodge & Cox held 170 positions worth $88B, up 4.6% from $84.2B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Dodge & Cox's Q3 2013 filing shows 4 new, 27 increased, 95 reduced and 6 closed positions. Its largest new stake was Sprint Corporation: 66,353,287 shares worth $412M. The largest sale was SPRINT CORP FON COM, an estimated $1.76B.
By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 21% a quarter earlier, followed by Technology and Healthcare.
- Dodge & Cox's largest Q3 2013 buy was Sprint Corporation: 66,353,287 shares worth $412M.
- Dodge & Cox added most to APA Corp in Q3 2013, an estimated $468M increase.
- Dodge & Cox's biggest Q3 2013 reduction was Xerox, cutting an estimated $625M.
- Dodge & Cox fully exited SPRINT CORP FON COM in Q3 2013, selling an estimated $1.76B.
- Dodge & Cox's ten largest holdings make up 35% of its $88B portfolio in Q3 2013.
- Dodge & Cox opened 4 new positions and closed 6 in Q3 2013.
- Dodge & Cox's portfolio value rose 4.6% quarter-over-quarter to $88B.
Based on Dodge & Cox's 13F filing for Q3 2013, filed 13 Nov 2013.