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 |
eBay
EBAY
|
$730M |
| 2 |
Cigna
CI
|
$387M |
| 3 |
Liberty Global Class A
LBTYA
|
$364M |
| 4 |
Walmart
WMT
|
$208M |
| 5 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
$207M |
Top Sells
| 1 |
GSK
GSK
|
$995M |
| 2 |
Nokia
NOK
|
$590M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
$525M |
| 4 |
HP
HPQ
|
$474M |
| 5 |
DuPont de Nemours
DD
|
$251M |
Sector Composition
| 1 | Financials | 21.16% |
| 2 | Technology | 20.44% |
| 3 | Healthcare | 16.97% |
| 4 | Communication Services | 14.78% |
| 5 | Energy | 11.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ENZ
201
DELISTED
Enzo Biochem, Inc.
ENZ
| $80K | ﹤0.01% |
+15,570
| New | +$80K |
|
202
STMicroelectronics
STM
$23B
| $79K | ﹤0.01% |
+10,320
| New | +$79K |
|
203
Nomura Holdings
NMR
$20.9B
| $59K | ﹤0.01% |
+10,000
| New | +$59K |
|
204
Amdocs
DOX
$9.36B
| – | – |
-28,100
| Closed | -$1.3M |
|
205
Eaton
ETN
$134B
| – | – |
-6,000
| Closed | -$463K |
|
206
Pitney Bowes
PBI
$2.06B
| – | – |
-48,400
| Closed | -$1.34M |
|
|
FRX
207
DELISTED
FOREST LABORATORIES INC
FRX
| – | – |
-45,100
| Closed | -$4.47M |
|