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 |
Fiserv
FI
|
$723M |
| 2 |
GSK
GSK
|
$660M |
| 3 |
RTX Corp
RTX
|
$628M |
| 4 |
Wells Fargo
WFC
|
$527M |
| 5 |
Cisco
CSCO
|
$370M |
Top Sells
| 1 |
FedEx
FDX
|
$997M |
| 2 |
TE Connectivity
TEL
|
$880M |
| 3 |
Bank of America
BAC
|
$603M |
| 4 |
AstraZeneca
AZN
|
$575M |
| 5 |
Charles Schwab
SCHW
|
$564M |
Sector Composition
| 1 | Financials | 27.05% |
| 2 | Technology | 18.36% |
| 3 | Communication Services | 14.15% |
| 4 | Healthcare | 14.14% |
| 5 | Industrials | 9.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
American Tower
AMT
$95.5B
| $313K | ﹤0.01% | 1,395 | – | – |
|
177
Lockheed Martin
LMT
$106B
| $311K | ﹤0.01% | 875 | – | – |
|
178
Phillips 66
PSX
$54B
| $290K | ﹤0.01% | 4,150 -50 | -1% | -$3.49K |
|
179
Equinix
EQIX
$76.9B
| $275K | ﹤0.01% | 385 | – | – |
|
180
Baxter International
BAX
$12.7B
| $271K | ﹤0.01% | 3,382 | – | – |
|
181
Stryker
SYK
$150B
| $235K | ﹤0.01% | 960 | – | – |
|
182
Chubb
CB
$110B
| $220K | ﹤0.01% | +1,427 | New | +$220K |
|
183
Aptiv
APTV
$17.3B
| – | – | -123,280 | Closed | -$11.3M |
|
184
DXC Technology
DXC
$2.59B
| – | – | -12,552 | Closed | -$224K |
|
185
Fortive
FTV
$16.2B
| – | – | -3,050 | Closed | -$232K |
|
|
UN
186
DELISTED
Unilever NV New York Registry Shares
UN
| – | – | -44,838 | Closed | -$2.71M |
|