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 |
Cisco
CSCO
|
$609M |
| 2 |
HP
HPQ
|
$601M |
| 3 |
UBS Group
UBS
|
$566M |
| 4 |
Harley-Davidson
HOG
|
$396M |
| 5 |
CXO
CONCHO RESOURCES INC.
CXO
|
$381M |
Top Sells
| 1 |
Chevron
CVX
|
$847M |
| 2 |
GSK
GSK
|
$472M |
| 3 |
STI
SunTrust Banks, Inc.
STI
|
$458M |
| 4 |
UnitedHealth
UNH
|
$420M |
| 5 |
Target
TGT
|
$368M |
Sector Composition
| 1 | Financials | 23.1% |
| 2 | Technology | 21.15% |
| 3 | Communication Services | 16.86% |
| 4 | Healthcare | 16.13% |
| 5 | Energy | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Kimberly-Clark
KMB
$42.8B
| $445K | ﹤0.01% |
4,083
| – | – |
|
152
Qualcomm
QCOM
$173B
| $430K | ﹤0.01% |
8,000
| – | – |
|
153
Morgan Stanley
MS
$240B
| $429K | ﹤0.01% |
13,620
| – | – |
|
154
Norfolk Southern
NSC
$62.8B
| $428K | ﹤0.01% |
5,597
-600
| -10% | -$45.9K |
|
155
Gilead Sciences
GILD
$140B
| $417K | ﹤0.01% |
4,250
| – | – |
|
156
Amazon
AMZN
$2.44T
| $394K | ﹤0.01% |
770
| – | – |
|
|
CHL
157
DELISTED
China Mobile Limited
CHL
| $385K | ﹤0.01% |
6,470
| – | – |
|
|
LVLT
158
DELISTED
Level 3 Communications Inc
LVLT
| $384K | ﹤0.01% |
8,778
| – | – |
|
159
Hartford Financial Services
HIG
$37.2B
| $369K | ﹤0.01% |
8,050
| – | – |
|
160
Fluor
FLR
$6.63B
| $364K | ﹤0.01% |
8,595
| – | – |
|
161
Dominion Energy
D
$51.1B
| $360K | ﹤0.01% |
5,112
| – | – |
|
|
LM
162
DELISTED
Legg Mason, Inc.
LM
| $356K | ﹤0.01% |
8,560
| – | – |
|
163
Citigroup
C
$178B
| $351K | ﹤0.01% |
7,075
| – | – |
|
164
Elevance Health
ELV
$71.8B
| $350K | ﹤0.01% |
2,500
-500
| -17% | -$70K |
|
165
Ameriprise Financial
AMP
$48.5B
| $347K | ﹤0.01% |
3,182
-1,000
| -24% | -$109K |
|
166
Equinix
EQIX
$76.9B
| $344K | ﹤0.01% |
1,258
| – | – |
|
167
Lowe's Companies
LOW
$145B
| $342K | ﹤0.01% |
4,960
| – | – |
|
168
Halliburton
HAL
$19.4B
| $325K | ﹤0.01% |
9,200
| – | – |
|
169
Moody's
MCO
$91.4B
| $324K | ﹤0.01% |
3,300
| – | – |
|
170
Under Armour
UAA
$2.14B
| $319K | ﹤0.01% |
3,300
| – | – |
|
171
Stryker
SYK
$150B
| $316K | ﹤0.01% |
3,360
| – | – |
|
|
AGN
172
DELISTED
Allergan plc
AGN
| $299K | ﹤0.01% |
1,100
-501
| -31% | -$136K |
|
173
Kraft Heinz
KHC
$33.1B
| $279K | ﹤0.01% |
+3,946
| New | +$279K |
|
174
VF Corp
VFC
$5.91B
| $276K | ﹤0.01% |
4,046
| – | – |
|
175
Verizon
VZ
$186B
| $239K | ﹤0.01% |
5,500
| – | – |
|