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 | +$1.03B | |
| 2 | +$618M | |
| 3 | +$558M | |
| 4 |
Occidental Petroleum
OXY
|
+$535M |
| 5 |
Sun Communities
SUI
|
+$520M |
Top Sells
| 1 | +$947M | |
| 2 | +$921M | |
| 3 | +$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 |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Charles Schwab
SCHW
$171B
| $6.95B | 3.96% |
88,750,655
-618,873
|
|
||
2
Fiserv
FI
$65.8B
| $6.76B | 3.85% |
30,590,491
-1,601,904
|
|
||
3
Johnson Controls International
JCI
$72.5B
| $5.67B | 3.23% |
70,818,054
-9,551,817
|
|
||
4
RTX Corp
RTX
$210B
| $5.61B | 3.2% |
42,353,562
-2,137,841
|
|
||
5
CVS Health
CVS
$102B
| $4.98B | 2.84% |
73,459,122
+3,353,223
|
|
||
6
MetLife
MET
$54.3B
| $4.33B | 2.47% |
53,913,177
-241,377
|
|
||
7
Charter Communications
CHTR
$36.1B
| $4.24B | 2.42% |
11,506,120
-41,056
|
|
||
8
Wells Fargo
WFC
$277B
| $4.14B | 2.36% |
57,628,115
-12,824,735
|
|
||
9
Sanofi
SNY
$119B
| $4.06B | 2.31% |
73,193,057
-2,027,531
|
|
||
|
10
Occidental Petroleum
OXY
$41.2B
| $3.99B | 2.27% |
80,839,070
+10,836,568
|
|
||
11
Gilead Sciences
GILD
$147B
| $3.66B | 2.09% |
32,694,791
-252,926
|
|
||
12
Booking.com
BKNG
$165B
| $3.57B | 2.04% |
776,008
-7,564
|
|
||
13
Bank of New York Mellon
BK
$76.8B
| $3.52B | 2.01% |
41,976,640
-2,722,558
|
|
||
14
Comcast
CMCSA
$110B
| $3.48B | 1.98% |
94,217,741
+15,115,074
|
|
||
15
FedEx
FDX
$55.6B
| $3.37B | 1.92% |
13,833,068
-56,556
|
|
||
16
Microsoft
MSFT
$3.82T
| $3.33B | 1.9% |
8,880,353
-180,738
|
|
||
17
Amazon
AMZN
$2.3T
| $3.15B | 1.79% |
16,532,632
-640,325
|
|
||
18
GSK
GSK
$88B
| $3.05B | 1.74% |
78,651,833
+10,210,921
|
|
||
19
Cigna
CI
$78.6B
| $2.92B | 1.67% |
8,889,733
+117,125
|
|
||
20
Capital One
COF
$138B
| $2.92B | 1.66% |
16,276,312
-1,008,685
|
|
||
21
Humana
HUM
$31.5B
| $2.85B | 1.62% |
10,755,215
+557,175
|
|
||
22
GE Aerospace
GE
$318B
| $2.8B | 1.6% |
13,986,351
-174,953
|
|
||
23
Alphabet (Google) Class C
GOOG
$3.04T
| $2.66B | 1.52% |
17,048,361
-1,083,396
|
|
||
24
International Flavors & Fragrances
IFF
$15.9B
| $2.62B | 1.49% |
33,774,607
+2,336,844
|
|
||
25
Fidelity National Information Services
FIS
$34.8B
| $2.6B | 1.48% |
34,808,298
+480,771
|
|