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 |
GE HealthCare
GEHC
|
$1.3B |
| 2 |
Dominion Energy
D
|
$829M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
$351M |
| 4 |
Amazon
AMZN
|
$341M |
| 5 |
Medtronic
MDT
|
$249M |
Top Sells
| 1 |
Meta Platforms (Facebook)
META
|
$939M |
| 2 |
American Express
AXP
|
$619M |
| 3 |
PayPal
PYPL
|
$567M |
| 4 |
Baidu
BIDU
|
$481M |
| 5 |
GE Aerospace
GE
|
$248M |
Sector Composition
| 1 | Financials | 19.93% |
| 2 | Healthcare | 19.3% |
| 3 | Technology | 17.15% |
| 4 | Communication Services | 13.11% |
| 5 | Industrials | 10.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Occidental Petroleum
OXY
$46.9B
| $5.75B | 3.92% | 92,156,069 -801,155 | -0.9% | -$50M |
|
|
2
Alphabet (Google) Class C
GOOG
$2.58T
| $4.52B | 3.08% | 43,488,919 +543,627 | +1% | +$56.5M |
|
3
Wells Fargo
WFC
$263B
| $4.5B | 3.07% | 120,385,253 +1,662,877 | +1% | +$62.2M |
|
4
Sanofi
SNY
$121B
| $4.49B | 3.06% | 82,517,326 -1,671,748 | -2% | -$91M |
|
5
Charles Schwab
SCHW
$174B
| $4.11B | 2.8% | 78,462,490 +1,033,760 | +1% | +$54.1M |
|
6
Fiserv
FI
$75.1B
| $4.1B | 2.79% | 36,250,709 -68,535 | -0.2% | -$7.75M |
|
7
FedEx
FDX
$54.5B
| $3.86B | 2.63% | 16,885,389 -446,506 | -3% | -$102M |
|
8
Johnson Controls International
JCI
$69.9B
| $3.75B | 2.55% | 62,220,537 -393,578 | -0.6% | -$23.7M |
|
9
Microsoft
MSFT
$3.77T
| $3.51B | 2.39% | 12,181,618 -86,309 | -0.7% | -$24.9M |
|
10
Capital One
COF
$145B
| $3.38B | 2.3% | 35,170,355 -201,841 | -0.6% | -$19.4M |
|
|
VMW
11
DELISTED
VMware, Inc
VMW
| $3.32B | 2.26% | 26,621,128 -682,023 | -2% | -$85.2M |
|
|
12
GE Aerospace
GE
$292B
| $3.31B | 2.25% | 34,581,481 -2,595,175 | -7% | -$248M |
|
13
UBS Group
UBS
$128B
| $3.29B | 2.24% | 155,111,813 -4,203,904 | -3% | -$89.1M |
|
14
RTX Corp
RTX
$212B
| $3.27B | 2.23% | 33,399,832 -159,425 | -0.5% | -$15.6M |
|
15
MetLife
MET
$54.1B
| $3.13B | 2.13% | 54,069,754 +486,544 | +0.9% | +$28.2M |
|
16
Charter Communications
CHTR
$36.3B
| $3.11B | 2.12% | 8,683,257 +211,744 | +2% | +$75.7M |
|
17
Comcast
CMCSA
$125B
| $2.95B | 2.01% | 77,718,806 -1,863,457 | -2% | -$70.6M |
|
18
Cigna
CI
$80.3B
| $2.93B | 2% | 11,462,143 -86,414 | -0.7% | -$22.1M |
|
19
Gilead Sciences
GILD
$140B
| $2.88B | 1.96% | 34,701,762 -1,183,390 | -3% | -$98.2M |
|
20
Bank of New York Mellon
BK
$74.5B
| $2.72B | 1.85% | 59,834,458 +19,211 | +0% | +$873K |
|
21
GSK
GSK
$79.9B
| $2.48B | 1.69% | 69,707,068 +4,774,116 | +7% | +$170M |
|
22
Cisco
CSCO
$274B
| $2.19B | 1.5% | 41,985,724 -940,853 | -2% | -$49.2M |
|
23
Booking.com
BKNG
$181B
| $2.19B | 1.49% | 826,731 -5,563 | -0.7% | -$14.8M |
|
24
TE Connectivity
TEL
$61B
| $2.12B | 1.44% | 16,140,880 -106,405 | -0.7% | -$14M |
|
25
Regeneron Pharmaceuticals
REGN
$61.5B
| $1.96B | 1.34% | 2,384,701 +161,642 | +7% | +$133M |
|