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 |
Regeneron Pharmaceuticals
REGN
|
+$1.24B |
| 2 |
Meta Platforms (Facebook)
META
|
+$990M |
| 3 |
GE Aerospace
GE
|
+$981M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$829M |
| 5 |
UBS Group
UBS
|
+$778M |
Top Sells
| 1 |
Bank of America
BAC
|
+$1.17B |
| 2 |
SLB Ltd
SLB
|
+$1.01B |
| 3 |
HP
HPQ
|
+$975M |
| 4 |
HES
Hess
HES
|
+$906M |
| 5 |
Dell
DELL
|
+$631M |
Sector Composition
| 1 | Financials | 23.3% |
| 2 | Healthcare | 17.99% |
| 3 | Technology | 16.88% |
| 4 | Communication Services | 15.05% |
| 5 | Energy | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SCHW
1
Charles Schwab
SCHW
$178B
| $6.09B | 3.7% |
72,239,181
-1,347,414
| -2% | -$119M |
|
2
Wells Fargo
WFC
$268B
| $6B | 3.65% |
123,850,397
-9,577,655
| -7% | -$513M |
|
3
Occidental Petroleum
OXY
$54.5B
| $5.71B | 3.47% |
100,709,066
-11,822,694
| -11% | -$523M |
|
4
Alphabet (Google) Class C
GOOG
$4.28T
| $5.69B | 3.46% |
40,717,340
-173,960
| -0.4% | -$23.7M |
|
5
Sanofi
SNY
$105B
| $4.72B | 2.87% |
92,006,724
-1,395,325
| -1% | -$72M |
|
6
Capital One
COF
$125B
| $4.33B | 2.63% |
32,964,956
+174,095
| +0.5% | +$25.4M |
|
7
Cigna
CI
$80.6B
| $4.16B | 2.53% |
17,364,567
-119,630
| -0.7% | -$28M |
|
8
MetLife
MET
$59.9B
| $4.11B | 2.5% |
58,433,230
-291,953
| -0.5% | -$19.7M |
|
9
Johnson Controls International
JCI
$87.8B
| $4.08B | 2.48% |
62,254,487
+1,073,847
| +2% | +$73.9M |
|
10
FedEx
FDX
$74.9B
| $4.01B | 2.44% |
17,328,625
+653,705
| +4% | +$154M |
|
11
Comcast
CMCSA
$85.6B
| $3.97B | 2.41% |
84,782,490
+116,325
| +0.1% | +$5.6M |
|
12
RTX Corp
RTX
$264B
| $3.79B | 2.3% |
38,220,004
-102,053
| -0.3% | -$9.67M |
|
|
FISV
13
Fiserv Inc
FISV
$27.3B
| $3.74B | 2.27% |
36,917,391
+1,485,114
| +4% | +$150M |
|
14
GSK
GSK
$105B
| $3.74B | 2.27% |
68,600,497
-2,215,058
| -3% | -$120M |
|
15
Charter Communications
CHTR
$16.2B
| $3.65B | 2.22% |
6,686,718
+1,213,461
| +22% | +$712M |
|
16
Microsoft
MSFT
$2.9T
| $3.12B | 1.9% |
10,115,272
+180,126
| +2% | +$54.2M |
|
|
VMW
17
DELISTED
VMware, Inc
VMW
| $3.07B | 1.87% |
26,953,293
+1,499,711
| +6% | +$182M |
|
|
BNY
18
Bank of New York Mellon
BNY
$104B
| $2.87B | 1.75% |
57,891,107
-355,897
| -0.6% | -$20.2M |
|
|
19
UBS Group
UBS
$170B
| $2.84B | 1.72% |
145,244,842
+41,128,200
| +40% | +$778M |
|
|
20
HP
HPQ
$22.7B
| $2.82B | 1.72% |
77,767,842
-26,408,095
| -25% | -$975M |
|
21
Cisco
CSCO
$470B
| $2.6B | 1.58% |
46,702,142
-397,204
| -0.8% | -$22.5M |
|
22
Cognizant
CTSH
$20.9B
| $2.59B | 1.57% |
28,902,889
-332,692
| -1% | -$29.2M |
|
23
Goldman Sachs
GS
$309B
| $2.53B | 1.54% |
7,671,309
+368,139
| +5% | +$130M |
|
24
Novartis
NVS
$293B
| $2.44B | 1.48% |
27,844,209
-405,331
| -1% | -$35.1M |
|
25
Microchip Technology
MCHP
$45.7B
| $2.38B | 1.45% |
31,677,344
+2,138,175
| +7% | +$161M |
|
Similar funds
