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 |
Johnson Controls International
JCI
|
$1.14B |
| 2 |
DXC Technology
DXC
|
$1.03B |
| 3 |
Eli Lilly
LLY
|
$491M |
| 4 |
Target
TGT
|
$476M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
$472M |
Top Sells
| 1 |
Petrobras Class A
PBR.A
|
$895M |
| 2 |
Elevance Health
ELV
|
$522M |
| 3 |
Corning
GLW
|
$375M |
| 4 |
Synopsys
SNPS
|
$363M |
| 5 |
Bank of America
BAC
|
$360M |
Sector Composition
| 1 | Financials | 25.09% |
| 2 | Healthcare | 17.63% |
| 3 | Communication Services | 16.71% |
| 4 | Technology | 14.6% |
| 5 | Energy | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Automatic Data Processing
ADP
$123B
| $210K | ﹤0.01% | 2,050 | – | – |
|
177
Baxter International
BAX
$12.7B
| $205K | ﹤0.01% | +3,382 | New | +$205K |
|
178
Morgan Stanley
MS
$240B
| $201K | ﹤0.01% | +4,500 | New | +$201K |
|
179
Citigroup
C
$178B
| – | – | -3,950 | Closed | -$236K |
|
180
Honda
HMC
$44.4B
| – | – | -5,241,155 | Closed | -$159M |
|
181
Xerox
XRX
$501M
| – | – | -13,000 | Closed | -$95K |
|
|
YHOO
182
DELISTED
Yahoo Inc
YHOO
| – | – | -5,500 | Closed | -$255K |
|
|
CSC
183
DELISTED
Computer Sciences
CSC
| – | – | -38,200 | Closed | -$2.64M |
|