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 |
Fortive
FTV
|
$1.03B |
| 2 |
Air Products & Chemicals
APD
|
$618M |
| 3 |
Comcast
CMCSA
|
$558M |
| 4 |
Occidental Petroleum
OXY
|
$535M |
| 5 |
Sun Communities
SUI
|
$520M |
Top Sells
| 1 |
T-Mobile US
TMUS
|
$947M |
| 2 |
Wells Fargo
WFC
|
$921M |
| 3 |
Johnson Controls International
JCI
|
$765M |
| 4 |
Williams Companies
WMB
|
$603M |
| 5 |
Bank of America
BAC
|
$420M |
Sector Composition
| 1 | Healthcare | 23.44% |
| 2 | Financials | 17.56% |
| 3 | Industrials | 11.99% |
| 4 | Technology | 11.85% |
| 5 | Communication Services | 11.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Charles Schwab
SCHW
$174B
| $6.95B | 3.96% | 88,750,655 -618,873 | -0.7% | -$48.4M |
|
2
Fiserv
FI
$75.1B
| $6.76B | 3.85% | 30,590,491 -1,601,904 | -5% | -$354M |
|
|
3
Johnson Controls International
JCI
$69.9B
| $5.67B | 3.23% | 70,818,054 -9,551,817 | -12% | -$765M |
|
4
RTX Corp
RTX
$212B
| $5.61B | 3.2% | 42,353,562 -2,137,841 | -5% | -$283M |
|
5
CVS Health
CVS
$92.8B
| $4.98B | 2.84% | 73,459,122 +3,353,223 | +5% | +$227M |
|
6
MetLife
MET
$54.1B
| $4.33B | 2.47% | 53,913,177 -241,377 | -0.4% | -$19.4M |
|
7
Charter Communications
CHTR
$36.3B
| $4.24B | 2.42% | 11,506,120 -41,056 | -0.4% | -$15.1M |
|
|
8
Wells Fargo
WFC
$263B
| $4.14B | 2.36% | 57,628,115 -12,824,735 | -18% | -$921M |
|
9
Sanofi
SNY
$121B
| $4.06B | 2.31% | 73,193,057 -2,027,531 | -3% | -$112M |
|
|
10
Occidental Petroleum
OXY
$46.9B
| $3.99B | 2.27% | 80,839,070 +10,836,568 | +15% | +$535M |
|
11
Gilead Sciences
GILD
$140B
| $3.66B | 2.09% | 32,694,791 -252,926 | -0.8% | -$28.3M |
|
12
Booking.com
BKNG
$181B
| $3.57B | 2.04% | 776,008 -7,564 | -1% | -$34.8M |
|
13
Bank of New York Mellon
BK
$74.5B
| $3.52B | 2.01% | 41,976,640 -2,722,558 | -6% | -$228M |
|
|
14
Comcast
CMCSA
$125B
| $3.48B | 1.98% | 94,217,741 +15,115,074 | +19% | +$558M |
|
15
FedEx
FDX
$54.5B
| $3.37B | 1.92% | 13,833,068 -56,556 | -0.4% | -$13.8M |
|
16
Microsoft
MSFT
$3.77T
| $3.33B | 1.9% | 8,880,353 -180,738 | -2% | -$67.8M |
|
17
Amazon
AMZN
$2.44T
| $3.15B | 1.79% | 16,532,632 -640,325 | -4% | -$122M |
|
18
GSK
GSK
$79.9B
| $3.05B | 1.74% | 78,651,833 +10,210,921 | +15% | +$396M |
|
19
Cigna
CI
$80.3B
| $2.92B | 1.67% | 8,889,733 +117,125 | +1% | +$38.5M |
|
20
Capital One
COF
$145B
| $2.92B | 1.66% | 16,276,312 -1,008,685 | -6% | -$181M |
|
21
Humana
HUM
$36.5B
| $2.85B | 1.62% | 10,755,215 +557,175 | +5% | +$147M |
|
22
GE Aerospace
GE
$292B
| $2.8B | 1.6% | 13,986,351 -174,953 | -1% | -$35M |
|
23
Alphabet (Google) Class C
GOOG
$2.58T
| $2.66B | 1.52% | 17,048,361 -1,083,396 | -6% | -$169M |
|
24
International Flavors & Fragrances
IFF
$17.3B
| $2.62B | 1.49% | 33,774,607 +2,336,844 | +7% | +$181M |
|
25
Fidelity National Information Services
FIS
$36.5B
| $2.6B | 1.48% | 34,808,298 +480,771 | +1% | +$35.9M |
|