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 |
Gen Digital
GEN
|
$398M |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
$394M |
| 3 |
UnitedHealth
UNH
|
$386M |
| 4 |
eBay
EBAY
|
$345M |
| 5 |
WFT
Weatherford International plc
WFT
|
$333M |
Top Sells
| 1 |
MOLXA
MOLEX INC CL-A
MOLXA
|
$680M |
| 2 |
Amdocs
DOX
|
$525M |
| 3 |
DuPont de Nemours
DD
|
$513M |
| 4 |
FedEx
FDX
|
$481M |
| 5 |
Genworth Financial
GNW
|
$414M |
Sector Composition
| 1 | Financials | 20.96% |
| 2 | Technology | 20% |
| 3 | Healthcare | 18.33% |
| 4 | Communication Services | 14.88% |
| 5 | Energy | 10.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
HP
HPQ
$26.7B
| $4.79B | 4.99% | 171,145,618 +8,590,404 | +5% | +$240M |
|
2
Novartis
NVS
$245B
| $3.74B | 3.9% | 46,485,352 -376,950 | -0.8% | -$30.3M |
|
3
Capital One
COF
$145B
| $3.59B | 3.74% | 46,807,942 -1,036,325 | -2% | -$79.4M |
|
4
Schlumberger
SLB
$55B
| $3.57B | 3.72% | 39,611,494 -488,900 | -1% | -$44.1M |
|
5
Wells Fargo
WFC
$263B
| $3.3B | 3.44% | 72,589,936 -1,672,467 | -2% | -$75.9M |
|
6
GSK
GSK
$79.9B
| $3.23B | 3.37% | 60,479,650 -810,950 | -1% | -$43.3M |
|
7
Microsoft
MSFT
$3.77T
| $3.21B | 3.34% | 85,715,099 -809,250 | -0.9% | -$30.3M |
|
8
Comcast
CMCSA
$125B
| $3.11B | 3.25% | 59,912,100 -1,707,793 | -3% | -$88.7M |
|
|
TWX
9
DELISTED
Time Warner Inc
TWX
| $2.51B | 2.62% | 36,059,767 -888,145 | -2% | -$61.9M |
|
10
Merck
MRK
$210B
| $2.44B | 2.55% | 48,798,496 -1,339,100 | -3% | -$67M |
|
11
GE Aerospace
GE
$292B
| $2.44B | 2.54% | 87,056,914 -2,853,335 | -3% | -$80M |
|
12
Charles Schwab
SCHW
$174B
| $2.34B | 2.44% | 90,120,817 -2,514,200 | -3% | -$65.4M |
|
13
Sanofi
SNY
$121B
| $2.34B | 2.44% | 43,628,729 -337,520 | -0.8% | -$18.1M |
|
|
14
FedEx
FDX
$54.5B
| $2.19B | 2.28% | 15,207,295 -3,342,183 | -18% | -$481M |
|
|
TWC
15
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $2.1B | 2.19% | 15,524,188 -916,555 | -6% | -$124M |
|
16
Bank of New York Mellon
BK
$74.5B
| $2.03B | 2.11% | 57,967,724 -699,730 | -1% | -$24.4M |
|
17
Pfizer
PFE
$141B
| $2B | 2.08% | 65,289,814 -2,116,621 | -3% | -$64.8M |
|
18
Goldman Sachs
GS
$226B
| $1.96B | 2.04% | 11,060,900 -229,575 | -2% | -$40.7M |
|
19
Bank of America
BAC
$376B
| $1.95B | 2.03% | 125,324,421 -3,225,700 | -3% | -$50.2M |
|
20
TE Connectivity
TEL
$61B
| $1.94B | 2.02% | 35,191,231 -552,200 | -2% | -$30.4M |
|
|
21
Gen Digital
GEN
$18.6B
| $1.9B | 1.98% | 80,562,067 +16,897,400 | +27% | +$398M |
|
|
TFCFA
22
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $1.66B | 1.73% | 47,131,366 -1,339,800 | -3% | -$47.1M |
|
23
Chevron
CVX
$324B
| $1.43B | 1.49% | 11,431,382 -168,485 | -1% | -$21M |
|
24
Alphabet (Google) Class C
GOOG
$2.58T
| $1.41B | 1.47% | 1,254,920 -40,340 | -3% | -$45.2M |
|
25
Walmart
WMT
$774B
| $1.32B | 1.37% | 16,727,023 +2,518,080 | +18% | +$198M |
|