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 |
Humana
HUM
|
$1.34B |
| 2 |
SBA Communications
SBAC
|
$1.17B |
| 3 |
Avantor
AVTR
|
$647M |
| 4 |
Fortive
FTV
|
$583M |
| 5 |
Celanese
CE
|
$472M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$1.29B |
| 2 |
Wells Fargo
WFC
|
$1.16B |
| 3 |
Truist Financial
TFC
|
$1.11B |
| 4 |
Bank of America
BAC
|
$973M |
| 5 |
Goldman Sachs
GS
|
$864M |
Sector Composition
| 1 | Healthcare | 21.28% |
| 2 | Financials | 18.77% |
| 3 | Industrials | 12.45% |
| 4 | Technology | 12.31% |
| 5 | Communication Services | 11.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Charles Schwab
SCHW
$174B
| $6.61B | 3.85% | 89,369,528 -218,310 | -0.2% | -$16.2M |
|
2
Fiserv
FI
$75.1B
| $6.61B | 3.85% | 32,192,395 -531,372 | -2% | -$109M |
|
3
Johnson Controls International
JCI
$69.9B
| $6.34B | 3.69% | 80,369,871 -4,997,505 | -6% | -$394M |
|
4
RTX Corp
RTX
$212B
| $5.15B | 3% | 44,491,403 +92,487 | +0.2% | +$10.7M |
|
|
5
Wells Fargo
WFC
$263B
| $4.95B | 2.88% | 70,452,850 -16,496,760 | -19% | -$1.16B |
|
6
MetLife
MET
$54.1B
| $4.43B | 2.58% | 54,154,554 -502,027 | -0.9% | -$41.1M |
|
7
Charter Communications
CHTR
$36.3B
| $3.96B | 2.3% | 11,547,176 -90,127 | -0.8% | -$30.9M |
|
8
FedEx
FDX
$54.5B
| $3.91B | 2.27% | 13,889,624 +734,268 | +6% | +$207M |
|
9
Booking.com
BKNG
$181B
| $3.89B | 2.27% | 783,572 -5,586 | -0.7% | -$27.8M |
|
10
Microsoft
MSFT
$3.77T
| $3.82B | 2.22% | 9,061,091 -39,701 | -0.4% | -$16.7M |
|
11
Amazon
AMZN
$2.44T
| $3.77B | 2.19% | 17,172,957 -107,963 | -0.6% | -$23.7M |
|
12
Sanofi
SNY
$121B
| $3.63B | 2.11% | 75,220,588 -1,076,595 | -1% | -$51.9M |
|
13
Occidental Petroleum
OXY
$46.9B
| $3.46B | 2.01% | 70,002,502 -8,008,546 | -10% | -$396M |
|
|
14
Alphabet (Google) Class C
GOOG
$2.58T
| $3.45B | 2.01% | 18,131,757 -6,761,511 | -27% | -$1.29B |
|
15
Bank of New York Mellon
BK
$74.5B
| $3.43B | 2% | 44,699,198 -3,825,751 | -8% | -$294M |
|
16
CVS Health
CVS
$92.8B
| $3.15B | 1.83% | 70,105,899 +7,075,209 | +11% | +$318M |
|
17
Capital One
COF
$145B
| $3.08B | 1.79% | 17,284,997 -1,377,295 | -7% | -$246M |
|
18
Gilead Sciences
GILD
$140B
| $3.04B | 1.77% | 32,947,717 -98,020 | -0.3% | -$9.05M |
|
19
Comcast
CMCSA
$125B
| $2.97B | 1.73% | 79,102,667 +5,039,823 | +7% | +$189M |
|
20
Fidelity National Information Services
FIS
$36.5B
| $2.77B | 1.61% | 34,327,527 -6,745,769 | -16% | -$545M |
|
21
International Flavors & Fragrances
IFF
$17.3B
| $2.66B | 1.55% | 31,437,763 +3,355,381 | +12% | +$284M |
|
|
22
Humana
HUM
$36.5B
| $2.59B | 1.51% | 10,198,040 +5,264,045 | +107% | +$1.34B |
|
23
Norfolk Southern
NSC
$62.8B
| $2.51B | 1.46% | 10,689,209 -173,630 | -2% | -$40.8M |
|
24
Cigna
CI
$80.3B
| $2.42B | 1.41% | 8,772,608 -16,806 | -0.2% | -$4.64M |
|
25
GE Aerospace
GE
$292B
| $2.36B | 1.37% | 14,161,304 -15,732 | -0.1% | -$2.62M |
|