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 |
Eli Lilly
LLY
|
$1.2B |
| 2 |
MFGP
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
|
$1.17B |
| 3 |
Baker Hughes
BKR
|
$871M |
| 4 |
Gilead Sciences
GILD
|
$803M |
| 5 |
APC
Anadarko Petroleum
APC
|
$656M |
Top Sells
| 1 |
BHI
Baker Hughes
BHI
|
$1.3B |
| 2 |
DXC Technology
DXC
|
$800M |
| 3 |
TWX
Time Warner Inc
TWX
|
$671M |
| 4 |
Novartis
NVS
|
$472M |
| 5 |
VMW
VMware, Inc
VMW
|
$318M |
Sector Composition
| 1 | Financials | 24.34% |
| 2 | Healthcare | 19.07% |
| 3 | Communication Services | 15.79% |
| 4 | Technology | 14.69% |
| 5 | Energy | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
RTX Corp
RTX
$212B
| $215K | ﹤0.01% | 1,850 | – | – |
|
177
Automatic Data Processing
ADP
$123B
| $213K | ﹤0.01% | 1,950 -100 | -5% | -$10.9K |
|
178
Baxter International
BAX
$12.7B
| $212K | ﹤0.01% | 3,382 | – | – |
|
179
VF Corp
VFC
$5.91B
| $203K | ﹤0.01% | +3,191 | New | +$203K |
|
180
Morgan Stanley
MS
$240B
| – | – | -4,500 | Closed | -$201K |
|
|
DD
181
DELISTED
Du Pont De Nemours E I
DD
| – | – | -29,416 | Closed | -$2.37M |
|
|
BHI
182
DELISTED
Baker Hughes
BHI
| – | – | -23,820,739 | Closed | -$1.3B |
|