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 |
Meta Platforms (Facebook)
META
|
$1.03B |
| 2 |
VMW
VMware, Inc
VMW
|
$879M |
| 3 |
Carrier Global
CARR
|
$805M |
| 4 |
Williams Companies
WMB
|
$697M |
| 5 |
Otis Worldwide
OTIS
|
$542M |
Top Sells
| 1 |
S
Sprint Corporation
S
|
$769M |
| 2 |
AstraZeneca
AZN
|
$587M |
| 3 |
UnitedHealth
UNH
|
$521M |
| 4 |
MXIM
Maxim Integrated Products
MXIM
|
$510M |
| 5 |
Bristol-Myers Squibb
BMY
|
$454M |
Sector Composition
| 1 | Financials | 24.21% |
| 2 | Technology | 18.93% |
| 3 | Healthcare | 15.58% |
| 4 | Communication Services | 14.38% |
| 5 | Energy | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
FedEx
FDX
$54.5B
| $3.81B | 3.5% | 27,170,321 +246,309 | +0.9% | +$34.5M |
|
2
Alphabet (Google) Class C
GOOG
$2.58T
| $3.71B | 3.41% | 2,624,618 -321,086 | -11% | -$454M |
|
3
Microsoft
MSFT
$3.77T
| $3.63B | 3.34% | 17,842,059 -2,185,081 | -11% | -$445M |
|
4
Comcast
CMCSA
$125B
| $3.26B | 3% | 83,660,688 +900,047 | +1% | +$35.1M |
|
5
Charles Schwab
SCHW
$174B
| $3.23B | 2.97% | 95,762,812 -5,391,291 | -5% | -$182M |
|
6
HP
HPQ
$26.7B
| $3.19B | 2.93% | 182,894,106 +28,565,810 | +19% | +$498M |
|
7
Bank of America
BAC
$376B
| $3.16B | 2.91% | 133,057,906 -2,541,256 | -2% | -$60.4M |
|
8
Johnson Controls International
JCI
$69.9B
| $3.16B | 2.91% | 92,532,992 +2,124,075 | +2% | +$72.5M |
|
9
Capital One
COF
$145B
| $2.97B | 2.73% | 47,473,473 +3,405,977 | +8% | +$213M |
|
10
Cigna
CI
$80.3B
| $2.73B | 2.51% | 14,545,724 -479,383 | -3% | -$90M |
|
11
TE Connectivity
TEL
$61B
| $2.69B | 2.48% | 33,004,208 +975,304 | +3% | +$79.5M |
|
12
Charter Communications
CHTR
$36.3B
| $2.69B | 2.48% | 5,276,343 -540,020 | -9% | -$275M |
|
13
Wells Fargo
WFC
$263B
| $2.65B | 2.43% | 103,357,551 +12,638,199 | +14% | +$324M |
|
14
Microchip Technology
MCHP
$35.1B
| $2.63B | 2.42% | 25,010,629 -3,340,768 | -12% | -$352M |
|
15
MetLife
MET
$54.1B
| $2.42B | 2.23% | 66,337,971 +7,276,396 | +12% | +$266M |
|
16
Goldman Sachs
GS
$226B
| $2.35B | 2.16% | 11,899,230 -787,858 | -6% | -$156M |
|
17
Booking.com
BKNG
$181B
| $2.35B | 2.16% | 1,474,134 -235,935 | -14% | -$376M |
|
18
Occidental Petroleum
OXY
$46.9B
| $2.26B | 2.08% | 123,677,174 +5,814,618 | +5% | +$106M |
|
19
Bank of New York Mellon
BK
$74.5B
| $2.09B | 1.92% | 54,145,024 +6,251,720 | +13% | +$242M |
|
20
Sanofi
SNY
$121B
| $2.02B | 1.86% | 39,640,336 -8,622,856 | -18% | -$440M |
|
21
Dell
DELL
$82.6B
| $1.98B | 1.82% | 36,029,549 -2,128,270 | -6% | -$117M |
|
|
22
UnitedHealth
UNH
$281B
| $1.97B | 1.81% | 6,675,828 -1,766,486 | -21% | -$521M |
|
23
GSK
GSK
$79.9B
| $1.69B | 1.56% | 41,522,745 -2,512,945 | -6% | -$103M |
|
24
Novartis
NVS
$245B
| $1.69B | 1.55% | 19,353,787 -3,587,653 | -16% | -$313M |
|
|
25
Bristol-Myers Squibb
BMY
$96B
| $1.68B | 1.54% | 28,555,389 -7,721,685 | -21% | -$454M |
|