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 |
Eli Lilly
LLY
|
$1.2B |
| 2 |
MFGP
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
|
$1.17B |
| 3 |
Baker Hughes
BKR
|
$871M |
| 4 |
Gilead Sciences
GILD
|
$803M |
| 5 |
APC
Anadarko Petroleum
APC
|
$656M |
Top Sells
| 1 |
BHI
Baker Hughes
BHI
|
$1.3B |
| 2 |
DXC Technology
DXC
|
$800M |
| 3 |
TWX
Time Warner Inc
TWX
|
$671M |
| 4 |
Novartis
NVS
|
$472M |
| 5 |
VMW
VMware, Inc
VMW
|
$318M |
Sector Composition
| 1 | Financials | 24.34% |
| 2 | Healthcare | 19.07% |
| 3 | Communication Services | 15.79% |
| 4 | Technology | 14.69% |
| 5 | Energy | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Norfolk Southern
NSC
$62.8B
| $529K | ﹤0.01% |
3,997
-100
| -2% | -$13.2K |
|
152
Rio Tinto
RIO
$102B
| $529K | ﹤0.01% |
11,200
-1,200
| -10% | -$56.7K |
|
153
Mondelez International
MDLZ
$79.5B
| $481K | ﹤0.01% |
11,840
| – | – |
|
154
PepsiCo
PEP
$204B
| $473K | ﹤0.01% |
4,245
| – | – |
|
155
Kimberly-Clark
KMB
$42.8B
| $464K | ﹤0.01% |
3,943
| – | – |
|
|
CSRA
156
DELISTED
CSRA Inc.
CSRA
| $460K | ﹤0.01% |
14,250
-6,600
| -32% | -$213K |
|
157
State Street
STT
$32.6B
| $439K | ﹤0.01% |
4,600
| – | – |
|
158
Ameriprise Financial
AMP
$48.5B
| $437K | ﹤0.01% |
2,942
| – | – |
|
159
Halliburton
HAL
$19.4B
| $423K | ﹤0.01% |
9,200
| – | – |
|
160
Elevance Health
ELV
$71.8B
| $418K | ﹤0.01% |
2,200
-64,150
| -97% | -$12.2M |
|
161
Moody's
MCO
$91.4B
| $390K | ﹤0.01% |
2,800
| – | – |
|
162
Dominion Energy
D
$51.1B
| $362K | ﹤0.01% |
4,712
| – | – |
|
163
Allstate
ALL
$53.6B
| $349K | ﹤0.01% |
3,796
| – | – |
|
|
LEXEA
164
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $327K | ﹤0.01% |
6,154
-227
| -4% | -$12.1K |
|
165
Marsh & McLennan
MMC
$101B
| $307K | ﹤0.01% |
3,660
| – | – |
|
166
Kraft Heinz
KHC
$33.1B
| $306K | ﹤0.01% |
3,946
| – | – |
|
|
AABA
167
DELISTED
Altaba Inc. Common Stock
AABA
| $298K | ﹤0.01% |
4,500
-1,000
| -18% | -$66.2K |
|
168
Qualcomm
QCOM
$173B
| $281K | ﹤0.01% |
5,430
| – | – |
|
169
Verizon
VZ
$186B
| $272K | ﹤0.01% |
5,500
| – | – |
|
170
Equinix
EQIX
$76.9B
| $247K | ﹤0.01% |
554
-50
| -8% | -$22.3K |
|
|
UFS
171
DELISTED
DOMTAR CORPORATION (New)
UFS
| $247K | ﹤0.01% |
5,700
| – | – |
|
|
LVLT
172
DELISTED
Level 3 Communications Inc
LVLT
| $228K | ﹤0.01% |
4,278
| – | – |
|
|
AET
173
DELISTED
Aetna Inc
AET
| $223K | ﹤0.01% |
1,400
| – | – |
|
174
Fluor
FLR
$6.63B
| $219K | ﹤0.01% |
5,205
-1,000
| -16% | -$42.1K |
|
175
Macy's
M
$3.59B
| $218K | ﹤0.01% |
10,000
| – | – |
|