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 |
Hewlett Packard
HPE
|
$3.31B |
| 2 |
American Express
AXP
|
$858M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
$856M |
| 4 |
Elevance Health
ELV
|
$414M |
| 5 |
AstraZeneca
AZN
|
$400M |
Top Sells
| 1 |
Pfizer
PFE
|
$1.39B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$994M |
| 3 |
GE Aerospace
GE
|
$840M |
| 4 |
UBS Group
UBS
|
$566M |
| 5 |
Baidu
BIDU
|
$504M |
Sector Composition
| 1 | Financials | 23.51% |
| 2 | Technology | 22.02% |
| 3 | Communication Services | 17.23% |
| 4 | Healthcare | 15.08% |
| 5 | Energy | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Verizon
VZ
$186B
| $254K | ﹤0.01% | 5,500 | – | – |
|
177
Allstate
ALL
$53.6B
| $236K | ﹤0.01% | 3,796 -100 | -3% | -$6.22K |
|
|
UFS
178
DELISTED
DOMTAR CORPORATION (New)
UFS
| $229K | ﹤0.01% | 6,200 -412 | -6% | -$15.2K |
|
|
CHL
179
DELISTED
China Mobile Limited
CHL
| $218K | ﹤0.01% | 3,870 -2,600 | -40% | -$146K |
|
|
HES
180
DELISTED
Hess
HES
| $214K | ﹤0.01% | 4,406 | – | – |
|
181
VF Corp
VFC
$5.91B
| $214K | ﹤0.01% | 3,441 -605 | -15% | -$37.6K |
|
|
CRC
182
DELISTED
California Resources Corporation
CRC
| $122K | ﹤0.01% | 52,250 -11,780 | -18% | -$27.5K |
|
183
Automatic Data Processing
ADP
$123B
| – | – | -2,620 | Closed | -$211K |
|
184
Loews
L
$20.1B
| – | – | -5,800 | Closed | -$210K |
|
185
Stryker
SYK
$150B
| – | – | -3,360 | Closed | -$316K |
|
186
Toyota
TM
$254B
| – | – | -1,930 | Closed | -$226K |
|
|
187
UBS Group
UBS
$128B
| – | – | -30,534,700 | Closed | -$566M |
|
|
AGN
188
DELISTED
Allergan plc
AGN
| – | – | -1,100 | Closed | -$299K |
|
|
SIAL
189
DELISTED
SIGMA - ALDRICH CORP
SIAL
| – | – | -19,000 | Closed | -$2.64M |
|
|
CMCSK
190
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| – | – | -24,261 | Closed | -$1.39M |
|