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 |
Alphabet (Google) Class C
GOOG
|
$3.82B |
| 2 |
Amazon
AMZN
|
$1.06B |
| 3 |
LyondellBasell Industries
LYB
|
$893M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$545M |
| 5 |
GE Aerospace
GE
|
$503M |
Top Sells
| 1 |
Cigna
CI
|
$1.26B |
| 2 |
Hewlett Packard
HPE
|
$469M |
| 3 |
GSK
GSK
|
$461M |
| 4 |
Williams Companies
WMB
|
$368M |
| 5 |
Occidental Petroleum
OXY
|
$212M |
Sector Composition
| 1 | Financials | 24.04% |
| 2 | Healthcare | 17.77% |
| 3 | Technology | 16.15% |
| 4 | Communication Services | 12.92% |
| 5 | Energy | 10.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Occidental Petroleum
OXY
$46.9B
| $5.84B | 4.42% | 94,978,388 -3,442,753 | -3% | -$212M |
|
2
Charles Schwab
SCHW
$174B
| $5.79B | 4.38% | 80,511,141 +1,468,678 | +2% | +$106M |
|
3
Wells Fargo
WFC
$263B
| $4.89B | 3.71% | 121,626,354 -1,657,819 | -1% | -$66.7M |
|
|
4
Alphabet (Google) Class C
GOOG
$2.58T
| $4.02B | 3.05% | 41,804,172 +39,696,704 | +1,884% | +$3.82B |
|
5
Fiserv
FI
$75.1B
| $3.43B | 2.6% | 36,667,839 -449,741 | -1% | -$42.1M |
|
6
MetLife
MET
$54.1B
| $3.39B | 2.57% | 55,816,110 -1,159,125 | -2% | -$70.5M |
|
|
7
Cigna
CI
$80.3B
| $3.36B | 2.55% | 12,105,826 -4,548,471 | -27% | -$1.26B |
|
8
Capital One
COF
$145B
| $3.3B | 2.5% | 35,831,626 +374,055 | +1% | +$34.5M |
|
9
Johnson Controls International
JCI
$69.9B
| $3.19B | 2.42% | 64,804,158 +26,427 | +0% | +$1.3M |
|
|
VMW
10
DELISTED
VMware, Inc
VMW
| $2.9B | 2.2% | 27,268,625 -764,301 | -3% | -$81.4M |
|
11
Sanofi
SNY
$121B
| $2.88B | 2.18% | 75,650,666 -1,346,616 | -2% | -$51.2M |
|
12
RTX Corp
RTX
$212B
| $2.83B | 2.15% | 34,591,437 -1,966,950 | -5% | -$161M |
|
13
FedEx
FDX
$54.5B
| $2.56B | 1.94% | 17,241,695 -184,952 | -1% | -$27.5M |
|
14
Microsoft
MSFT
$3.77T
| $2.55B | 1.93% | 10,949,702 +1,219,159 | +13% | +$284M |
|
15
Comcast
CMCSA
$125B
| $2.42B | 1.83% | 82,356,579 -2,801,237 | -3% | -$82.2M |
|
|
16
GE Aerospace
GE
$292B
| $2.3B | 1.74% | 37,085,456 +8,118,776 | +28% | +$503M |
|
17
UBS Group
UBS
$128B
| $2.28B | 1.73% | 157,604,317 +4,567,650 | +3% | +$66.1M |
|
18
Gilead Sciences
GILD
$140B
| $2.24B | 1.7% | 36,369,252 -597,375 | -2% | -$36.9M |
|
19
Bank of New York Mellon
BK
$74.5B
| $2.24B | 1.7% | 58,081,712 -692,790 | -1% | -$26.7M |
|
20
Goldman Sachs
GS
$226B
| $2.16B | 1.64% | 7,380,249 -328,075 | -4% | -$96.1M |
|
21
T-Mobile US
TMUS
$284B
| $2.13B | 1.61% | 15,873,156 -830,152 | -5% | -$111M |
|
22
ConocoPhillips
COP
$124B
| $2.11B | 1.6% | 20,600,222 -319,548 | -2% | -$32.7M |
|
23
Charter Communications
CHTR
$36.3B
| $2.04B | 1.55% | 6,725,271 -41,431 | -0.6% | -$12.6M |
|
24
UnitedHealth
UNH
$281B
| $1.92B | 1.46% | 3,802,415 -254,175 | -6% | -$128M |
|
25
Microchip Technology
MCHP
$35.1B
| $1.9B | 1.44% | 31,103,061 -1,125,375 | -3% | -$68.7M |
|