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 |
Sanofi
SNY
|
$1.44B |
| 2 |
ConocoPhillips
COP
|
$1.27B |
| 3 |
Fiserv
FI
|
$958M |
| 4 |
GSK
GSK
|
$893M |
| 5 |
Alibaba
BABA
|
$629M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
$1.67B |
| 2 |
Bank of America
BAC
|
$1.16B |
| 3 |
CXO
CONCHO RESOURCES INC.
CXO
|
$1.05B |
| 4 |
Capital One
COF
|
$960M |
| 5 |
HP
HPQ
|
$775M |
Sector Composition
| 1 | Financials | 26.36% |
| 2 | Technology | 18.58% |
| 3 | Healthcare | 14.71% |
| 4 | Communication Services | 14.08% |
| 5 | Energy | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Wells Fargo
WFC
$263B
| $5.79B | 4.14% | 148,077,325 -351,695 | -0.2% | -$13.7M |
|
|
2
Capital One
COF
$145B
| $5.41B | 3.87% | 42,560,097 -7,543,410 | -15% | -$960M |
|
3
Charles Schwab
SCHW
$174B
| $5.03B | 3.6% | 77,194,062 -7,833,016 | -9% | -$511M |
|
4
Comcast
CMCSA
$125B
| $4.61B | 3.3% | 85,200,743 +5,060,032 | +6% | +$274M |
|
5
Alphabet (Google) Class C
GOOG
$2.58T
| $4.51B | 3.23% | 2,182,394 -110,133 | -5% | -$228M |
|
6
Johnson Controls International
JCI
$69.9B
| $4.33B | 3.1% | 72,593,832 -9,070,950 | -11% | -$541M |
|
|
7
HP
HPQ
$26.7B
| $3.98B | 2.84% | 125,305,099 -24,394,392 | -16% | -$775M |
|
8
MetLife
MET
$54.1B
| $3.92B | 2.8% | 64,511,065 -1,704,848 | -3% | -$104M |
|
9
FedEx
FDX
$54.5B
| $3.84B | 2.75% | 13,529,644 -194,493 | -1% | -$55.2M |
|
10
Cigna
CI
$80.3B
| $3.63B | 2.6% | 15,032,885 -1,134,038 | -7% | -$274M |
|
11
Charter Communications
CHTR
$36.3B
| $3.49B | 2.5% | 5,661,621 +866,920 | +18% | +$535M |
|
12
Dell
DELL
$82.6B
| $3.45B | 2.47% | 39,190,032 +1,882,370 | +5% | +$166M |
|
|
13
Sanofi
SNY
$121B
| $3.42B | 2.44% | 69,061,384 +29,056,975 | +73% | +$1.44B |
|
|
14
GSK
GSK
$79.9B
| $3.14B | 2.24% | 87,947,245 +25,011,487 | +40% | +$893M |
|
15
Occidental Petroleum
OXY
$46.9B
| $3.09B | 2.21% | 115,950,679 -4,265,568 | -4% | -$114M |
|
|
16
Bank of America
BAC
$376B
| $3.06B | 2.19% | 79,209,287 -29,920,807 | -27% | -$1.16B |
|
17
Microsoft
MSFT
$3.77T
| $3.06B | 2.19% | 12,967,246 -863,555 | -6% | -$204M |
|
18
RTX Corp
RTX
$212B
| $3.06B | 2.18% | 39,545,402 +435,485 | +1% | +$33.6M |
|
19
Bank of New York Mellon
BK
$74.5B
| $2.91B | 2.08% | 61,497,837 +109,400 | +0.2% | +$5.17M |
|
20
Goldman Sachs
GS
$226B
| $2.64B | 1.89% | 8,063,904 -873,543 | -10% | -$286M |
|
21
TE Connectivity
TEL
$61B
| $2.62B | 1.87% | 20,304,587 -3,007,953 | -13% | -$388M |
|
22
Hewlett Packard
HPE
$29.6B
| $2.45B | 1.76% | 155,964,450 -2,691,769 | -2% | -$42.4M |
|
23
Microchip Technology
MCHP
$35.1B
| $2.34B | 1.67% | 15,055,712 -3,225,772 | -18% | -$501M |
|
24
Booking.com
BKNG
$181B
| $2.14B | 1.53% | 917,405 -241,662 | -21% | -$563M |
|
25
Cisco
CSCO
$274B
| $2.13B | 1.52% | 41,153,133 +2,560,559 | +7% | +$132M |
|