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 |
Occidental Petroleum
OXY
|
$1.54B |
| 2 |
Dell
DELL
|
$482M |
| 3 |
Ovintiv
OVV
|
$452M |
| 4 |
Baker Hughes
BKR
|
$400M |
| 5 |
Fox Class A
FOXA
|
$374M |
Top Sells
| 1 |
APC
Anadarko Petroleum
APC
|
$1.53B |
| 2 |
Charter Communications
CHTR
|
$1.22B |
| 3 |
ZAYO
Zayo Group Holdings, Inc.
ZAYO
|
$768M |
| 4 |
Microsoft
MSFT
|
$762M |
| 5 |
Danaher
DHR
|
$660M |
Sector Composition
| 1 | Financials | 24.99% |
| 2 | Healthcare | 17.39% |
| 3 | Technology | 15.03% |
| 4 | Communication Services | 13.71% |
| 5 | Energy | 10.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Wells Fargo
WFC
$263B
| $4.3B | 3.54% | 85,282,262 +1,444,489 | +2% | +$72.9M |
|
2
Johnson Controls International
JCI
$69.9B
| $4.2B | 3.45% | 95,589,901 -4,252,323 | -4% | -$187M |
|
|
3
Occidental Petroleum
OXY
$46.9B
| $3.96B | 3.26% | 89,151,846 +34,741,956 | +64% | +$1.54B |
|
4
Capital One
COF
$145B
| $3.86B | 3.18% | 42,446,202 +1,053,332 | +3% | +$95.8M |
|
5
Comcast
CMCSA
$125B
| $3.86B | 3.17% | 85,546,002 -10,170,439 | -11% | -$458M |
|
6
Charles Schwab
SCHW
$174B
| $3.83B | 3.15% | 91,644,610 +8,395,365 | +10% | +$351M |
|
7
Alphabet (Google) Class C
GOOG
$2.58T
| $3.8B | 3.13% | 3,116,382 +33,957 | +1% | +$41.4M |
|
|
8
Charter Communications
CHTR
$36.3B
| $3.63B | 2.99% | 8,807,211 -2,960,977 | -25% | -$1.22B |
|
|
9
Microsoft
MSFT
$3.77T
| $3.6B | 2.96% | 25,877,769 -5,482,521 | -17% | -$762M |
|
10
FedEx
FDX
$54.5B
| $3.46B | 2.84% | 23,751,270 +1,166,181 | +5% | +$170M |
|
11
Bank of America
BAC
$376B
| $3.39B | 2.79% | 116,243,917 +1,239,232 | +1% | +$36.1M |
|
12
TE Connectivity
TEL
$61B
| $2.87B | 2.36% | 30,801,837 -401,549 | -1% | -$37.4M |
|
13
Booking.com
BKNG
$181B
| $2.84B | 2.33% | 1,444,592 +2,093 | +0.1% | +$4.11M |
|
14
Sanofi
SNY
$121B
| $2.82B | 2.32% | 60,867,994 +153,657 | +0.3% | +$7.12M |
|
15
Cigna
CI
$80.3B
| $2.64B | 2.17% | 17,377,022 +1,173,172 | +7% | +$178M |
|
16
Bristol-Myers Squibb
BMY
$96B
| $2.56B | 2.11% | 50,452,677 +808,153 | +2% | +$41M |
|
17
JPMorgan Chase
JPM
$829B
| $2.51B | 2.06% | 21,315,910 -3,669,709 | -15% | -$432M |
|
18
Goldman Sachs
GS
$226B
| $2.44B | 2.01% | 11,776,896 +284,477 | +2% | +$59M |
|
19
Microchip Technology
MCHP
$35.1B
| $2.36B | 1.95% | 25,449,846 +209,725 | +0.8% | +$19.5M |
|
20
Novartis
NVS
$245B
| $2.33B | 1.91% | 26,768,876 -2,655,693 | -9% | -$231M |
|
21
RTX Corp
RTX
$212B
| $2.32B | 1.91% | 17,026,208 +733,690 | +5% | +$100M |
|
22
HP
HPQ
$26.7B
| $2.25B | 1.85% | 118,961,571 +1,962,398 | +2% | +$37.1M |
|
23
MetLife
MET
$54.1B
| $2.21B | 1.82% | 46,798,718 +252,497 | +0.5% | +$11.9M |
|
24
AstraZeneca
AZN
$248B
| $2.2B | 1.81% | 49,349,140 +12,178 | +0% | +$543K |
|
25
Bank of New York Mellon
BK
$74.5B
| $2.12B | 1.74% | 46,838,514 +502,356 | +1% | +$22.7M |
|