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 |
Regeneron Pharmaceuticals
REGN
|
$1.37B |
| 2 |
GE Aerospace
GE
|
$938M |
| 3 |
Meta Platforms (Facebook)
META
|
$881M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
$804M |
| 5 |
UBS Group
UBS
|
$804M |
Top Sells
| 1 |
Bank of America
BAC
|
$1.07B |
| 2 |
Schlumberger
SLB
|
$1.07B |
| 3 |
HES
Hess
HES
|
$1.02B |
| 4 |
HP
HPQ
|
$959M |
| 5 |
Baker Hughes
BKR
|
$724M |
Sector Composition
| 1 | Financials | 23.3% |
| 2 | Healthcare | 17.99% |
| 3 | Technology | 16.88% |
| 4 | Communication Services | 15.05% |
| 5 | Energy | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
CarMax
KMX
$9.21B
| $362K | ﹤0.01% | 3,750 -300 | -7% | -$29K |
|
177
Lockheed Martin
LMT
$106B
| $342K | ﹤0.01% | 775 | – | – |
|
178
Phillips 66
PSX
$54B
| $311K | ﹤0.01% | 3,600 | – | – |
|
|
NOAH
179
Noah Holdings
NOAH
$824M
| $294K | ﹤0.01% | 12,500 -7,600 | -38% | -$179K |
|
180
PPG Industries
PPG
$25.1B
| $288K | ﹤0.01% | 2,200 | – | – |
|
181
Equinix
EQIX
$76.9B
| $286K | ﹤0.01% | 385 | – | – |
|
|
NESR
182
National Energy Services Reunited Corp. Ordinary Shares
NESR
$935M
| $283K | ﹤0.01% | 33,700 -30,000 | -47% | -$252K |
|
183
Verizon
VZ
$186B
| $280K | ﹤0.01% | 5,500 | – | – |
|
184
Ericsson
ERIC
$26.2B
| $271K | ﹤0.01% | 29,600 -19,200 | -39% | -$176K |
|
185
Trip.com Group
TCOM
$48.2B
| $266K | ﹤0.01% | 11,500 -15,900 | -58% | -$368K |
|
186
Baxter International
BAX
$12.7B
| $262K | ﹤0.01% | 3,382 | – | – |
|
187
Vipshop
VIPS
$8.25B
| $259K | ﹤0.01% | 28,747 -43,400 | -60% | -$391K |
|
188
Stryker
SYK
$150B
| $257K | ﹤0.01% | 960 | – | – |
|
189
Yum China
YUMC
$16.4B
| $249K | ﹤0.01% | 6,000 -6,200 | -51% | -$257K |
|
190
Petrobras
PBR
$79.9B
| $234K | ﹤0.01% | 15,800 | – | – |
|
191
Dominion Energy
D
$51.1B
| $230K | ﹤0.01% | 2,712 | – | – |
|
192
American Tower
AMT
$95.5B
| $226K | ﹤0.01% | 900 -200 | -18% | -$50.2K |
|
193
Intuitive Surgical
ISRG
$170B
| $225K | ﹤0.01% | 747 | – | – |
|
194
Cintas
CTAS
$84.6B
| $213K | ﹤0.01% | 500 | – | – |
|
195
Duke Energy
DUK
$95.3B
| $205K | ﹤0.01% | +1,833 | New | +$205K |
|
196
Organon & Co
OGN
$2.45B
| $204K | ﹤0.01% | 5,854 -2,959 | -34% | -$103K |
|
197
Lowe's Companies
LOW
$145B
| $202K | ﹤0.01% | 1,000 | – | – |
|
|
JOYY
198
JOYY Inc. American Depositary Shares
JOYY
$2.78B
| – | – | -8,828 | Closed | -$401K |
|
|
LOMA
199
Loma Negra
LOMA
$1.09B
| – | – | -17,100 | Closed | -$114K |
|
200
Sea Limited
SE
$110B
| – | – | -1,500 | Closed | -$336K |
|