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 |
Union Pacific
UNP
|
$952M |
| 2 |
JD.com
JD
|
$584M |
| 3 |
American Express
AXP
|
$566M |
| 4 |
Goldman Sachs
GS
|
$422M |
| 5 |
AstraZeneca
AZN
|
$402M |
Top Sells
| 1 |
Microsoft
MSFT
|
$753M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$486M |
| 3 |
TE Connectivity
TEL
|
$396M |
| 4 |
Cadence Design Systems
CDNS
|
$306M |
| 5 |
Gen Digital
GEN
|
$252M |
Sector Composition
| 1 | Financials | 22.14% |
| 2 | Technology | 21.47% |
| 3 | Communication Services | 17.25% |
| 4 | Healthcare | 14.29% |
| 5 | Energy | 10.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Citigroup
C
$173B
| $284K | ﹤0.01% |
6,800
-275
| -4% | -$11.5K |
|
177
Under Armour
UAA
$2.14B
| $280K | ﹤0.01% |
3,300
| – | – |
|
178
Qualcomm
QCOM
$170B
| $278K | ﹤0.01% |
5,430
-2,570
| -32% | -$132K |
|
179
CVS Health
CVS
$93.5B
| $273K | ﹤0.01% |
+2,630
| New | +$273K |
|
180
Allstate
ALL
$53.3B
| $256K | ﹤0.01% |
3,796
| – | – |
|
|
ALXN
181
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $253K | ﹤0.01% |
+1,820
| New | +$253K |
|
|
LVLT
182
DELISTED
Level 3 Communications Inc
LVLT
| $253K | ﹤0.01% |
4,778
-3,000
| -39% | -$159K |
|
|
UFS
183
DELISTED
DOMTAR CORPORATION (New)
UFS
| $251K | ﹤0.01% |
6,200
| – | – |
|
184
Hartford Financial Services
HIG
$37B
| $237K | ﹤0.01% |
5,140
-1,910
| -27% | -$88.1K |
|
|
HES
185
DELISTED
Hess
HES
| $216K | ﹤0.01% |
4,106
-300
| -7% | -$15.8K |
|
186
VF Corp
VFC
$5.81B
| $213K | ﹤0.01% |
3,291
-150
| -4% | -$9.71K |
|
187
Blackrock
BLK
$172B
| $204K | ﹤0.01% |
+600
| New | +$204K |
|
|
YHOO
188
DELISTED
Yahoo Inc
YHOO
| $202K | ﹤0.01% |
5,500
-2,500
| -31% | -$91.8K |
|
|
TIME
189
DELISTED
Time Inc.
TIME
| $186K | ﹤0.01% |
12,050
-17,629
| -59% | -$272K |
|
|
CRC
190
DELISTED
California Resources Corporation
CRC
| $68K | ﹤0.01% |
66,152
+13,902
| +27% | +$14.3K |
|
191
New Oriental
EDU
$8.01B
| – | – |
-7,520,300
| Closed | -$236M |
|
192
Morgan Stanley
MS
$236B
| – | – |
-13,620
| Closed | -$433K |
|
|
LM
193
DELISTED
Legg Mason, Inc.
LM
| – | – |
-7,300
| Closed | -$286K |
|
|
CHL
194
DELISTED
China Mobile Limited
CHL
| – | – |
-3,870
| Closed | -$218K |
|
|
CB
195
DELISTED
CHUBB CORPORATION
CB
| – | – |
-94,048
| Closed | -$12.5M |
|