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
|
$1.33B |
| 2 |
Honda
HMC
|
$964M |
| 3 |
Fiserv
FI
|
$919M |
| 4 |
Incyte
INCY
|
$781M |
| 5 |
Gilead Sciences
GILD
|
$723M |
Top Sells
| 1 |
Capital One
COF
|
$1.09B |
| 2 |
Hewlett Packard
HPE
|
$604M |
| 3 |
APA Corp
APA
|
$437M |
| 4 |
Johnson Controls International
JCI
|
$367M |
| 5 |
Goldman Sachs
GS
|
$296M |
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 |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Air Products & Chemicals
APD
$65.5B
| $942K | ﹤0.01% | 3,275 | – | – |
|
152
Nucor
NUE
$34.1B
| $815K | ﹤0.01% | 8,500 -2,033 | -19% | -$195K |
|
153
PepsiCo
PEP
$204B
| $796K | ﹤0.01% | 5,375 -1,370 | -20% | -$203K |
|
|
NESR
154
National Energy Services Reunited Corp. Ordinary Shares
NESR
$935M
| $750K | ﹤0.01% | +52,600 | New | +$750K |
|
|
NOAH
155
Noah Holdings
NOAH
$824M
| $746K | ﹤0.01% | +15,800 | New | +$746K |
|
156
Mondelez International
MDLZ
$79.5B
| $739K | ﹤0.01% | 11,840 | – | – |
|
157
Organon & Co
OGN
$2.45B
| $686K | ﹤0.01% | +22,698 | New | +$686K |
|
158
General Mills
GIS
$26.4B
| $682K | ﹤0.01% | 11,200 | – | – |
|
159
Moody's
MCO
$91.4B
| $673K | ﹤0.01% | 1,857 -156 | -8% | -$56.5K |
|
160
Blackrock
BLK
$175B
| $656K | ﹤0.01% | 750 | – | – |
|
|
CTXS
161
DELISTED
Citrix Systems Inc
CTXS
| $580K | ﹤0.01% | 4,950 | – | – |
|
162
CarMax
KMX
$9.21B
| $523K | ﹤0.01% | 4,050 | – | – |
|
163
Rio Tinto
RIO
$102B
| $512K | ﹤0.01% | 6,100 -1,600 | -21% | -$134K |
|
164
Qualcomm
QCOM
$173B
| $500K | ﹤0.01% | 3,500 | – | – |
|
165
Allstate
ALL
$53.6B
| $480K | ﹤0.01% | 3,680 | – | – |
|
166
Ameriprise Financial
AMP
$48.5B
| $455K | ﹤0.01% | 1,827 | – | – |
|
167
Ball Corp
BALL
$14.3B
| $427K | ﹤0.01% | 5,270 | – | – |
|
168
Elevance Health
ELV
$71.8B
| $420K | ﹤0.01% | 1,100 | – | – |
|
169
Sea Limited
SE
$110B
| $412K | ﹤0.01% | 1,500 -450 | -23% | -$124K |
|
170
Duke Energy
DUK
$95.3B
| $411K | ﹤0.01% | 4,166 -1,016 | -20% | -$100K |
|
171
Marsh & McLennan
MMC
$101B
| $402K | ﹤0.01% | 2,860 -728 | -20% | -$102K |
|
172
PPG Industries
PPG
$25.1B
| $373K | ﹤0.01% | 2,200 | – | – |
|
173
NetEase
NTES
$86.2B
| $369K | ﹤0.01% | +3,200 | New | +$369K |
|
174
Zoetis
ZTS
$69.3B
| $363K | ﹤0.01% | 1,950 | – | – |
|
175
Chubb
CB
$110B
| $329K | ﹤0.01% | 2,069 +722 | +54% | +$115K |
|