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 |
T-Mobile US
TMUS
|
+$1.27B |
| 2 |
FISV
Fiserv Inc
FISV
|
+$1,000M |
| 3 |
Honda
HMC
|
+$931M |
| 4 |
Incyte
INCY
|
+$774M |
| 5 |
Gilead Sciences
GILD
|
+$701M |
Top Sells
| 1 |
Capital One
COF
|
+$1.06B |
| 2 |
Hewlett Packard
HPE
|
+$654M |
| 3 |
APA Corp
APA
|
+$415M |
| 4 |
Johnson Controls International
JCI
|
+$345M |
| 5 |
Goldman Sachs
GS
|
+$279M |
Sector Composition
| 1 | Financials | 24.9% |
| 2 | Technology | 17.6% |
| 3 | Communication Services | 15.85% |
| 4 | Healthcare | 15.64% |
| 5 | Energy | 9.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Air Products & Chemicals
APD
$67.2B
| $942K | ﹤0.01% |
3,275
| – | – |
|
152
Nucor
NUE
$53.1B
| $815K | ﹤0.01% |
8,500
-2,033
| -19% | -$190K |
|
153
PepsiCo
PEP
$189B
| $796K | ﹤0.01% |
5,375
-1,370
| -20% | -$200K |
|
|
NESR
154
National Energy Services Reunited Corp
NESR
$2.84B
| $750K | ﹤0.01% |
+52,600
| New | +$707K |
|
|
NOAH
155
Noah Holdings
NOAH
$597M
| $746K | ﹤0.01% |
+15,800
| New | +$698K |
|
156
Mondelez International
MDLZ
$76.8B
| $739K | ﹤0.01% |
11,840
| – | – |
|
157
Organon & Co
OGN
$3.55B
| $686K | ﹤0.01% |
+22,698
| New | +$747K |
|
158
General Mills
GIS
$19.5B
| $682K | ﹤0.01% |
11,200
| – | – |
|
159
Moody's
MCO
$86.6B
| $673K | ﹤0.01% |
1,857
-156
| -8% | -$51.9K |
|
160
Blackrock
BLK
$160B
| $656K | ﹤0.01% |
750
| – | – |
|
|
CTXS
161
DELISTED
Citrix Systems Inc
CTXS
| $580K | ﹤0.01% |
4,950
| – | – |
|
162
CarMax
KMX
$7.79B
| $523K | ﹤0.01% |
4,050
| – | – |
|
163
Rio Tinto
RIO
$146B
| $512K | ﹤0.01% |
6,100
-1,600
| -21% | -$138K |
|
164
Qualcomm
QCOM
$194B
| $500K | ﹤0.01% |
3,500
| – | – |
|
165
Allstate
ALL
$66B
| $480K | ﹤0.01% |
3,680
| – | – |
|
166
Ameriprise Financial
AMP
$46.6B
| $455K | ﹤0.01% |
1,827
| – | – |
|
167
Ball Corp
BALL
$16.3B
| $427K | ﹤0.01% |
5,270
| – | – |
|
168
Elevance Health
ELV
$92.3B
| $420K | ﹤0.01% |
1,100
| – | – |
|
169
Sea Limited
SE
$67.8B
| $412K | ﹤0.01% |
1,500
-450
| -23% | -$114K |
|
170
Duke Energy
DUK
$98.9B
| $411K | ﹤0.01% |
4,166
-1,016
| -20% | -$102K |
|
|
MRSH
171
Marsh
MRSH
$87.5B
| $402K | ﹤0.01% |
2,860
-728
| -20% | -$97.6K |
|
172
PPG Industries
PPG
$25.4B
| $373K | ﹤0.01% |
2,200
| – | – |
|
173
NetEase
NTES
$84.1B
| $369K | ﹤0.01% |
+3,200
| New | +$352K |
|
174
Zoetis
ZTS
$31.6B
| $363K | ﹤0.01% |
1,950
| – | – |
|
175
Chubb
CB
$138B
| $329K | ﹤0.01% |
2,069
+722
| +54% | +$120K |
|
Similar funds
