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 |
Comcast
CMCSA
|
$1.4B |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
$502M |
| 3 |
Suncor Energy
SU
|
$412M |
| 4 |
Novartis
NVS
|
$361M |
| 5 |
Bristol-Myers Squibb
BMY
|
$358M |
Top Sells
| 1 |
HP
HPQ
|
$387M |
| 2 |
NetApp
NTAP
|
$349M |
| 3 |
Schlumberger
SLB
|
$338M |
| 4 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
$311M |
| 5 |
Adient
ADNT
|
$232M |
Sector Composition
| 1 | Financials | 25.31% |
| 2 | Communication Services | 16.9% |
| 3 | Healthcare | 16.28% |
| 4 | Technology | 15.69% |
| 5 | Energy | 8.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Automatic Data Processing
ADP
$123B
| $210K | ﹤0.01% | 2,050 | – | – |
|
177
Xerox
XRX
$501M
| $95K | ﹤0.01% | 13,000 -4,000 | -24% | -$29.2K |
|
|
HES
178
DELISTED
Hess
HES
| – | – | -4,106 | Closed | -$256K |
|
179
Lowe's Companies
LOW
$145B
| – | – | -3,910 | Closed | -$278K |
|
180
Morgan Stanley
MS
$240B
| – | – | -5,500 | Closed | -$232K |
|