Dodge & Cox

Dodge & Cox

Last Update: 08-28-2015

Number of Stocks: 183
Number of New Stocks: 1

Total Value: $110,880 Mil
Q/Q Turnover: 5%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Dodge & Cox' s Profile & Performance

Profile

Dodge & Cox was founded in 1930, by Van Duyn Dodge and E. Morris Cox. As of March 2006, Dodge & Cox managed over $104 billion in separate accounts and mutual funds.

Web Page:http://www.dodgeandcox.com/

Investing Philosophy

Dodge & Cox employs a team research approach in making investment decisions. The investment decisions are made by the Investment Policy Committee. The nine members of this committee include Wendell W. Birkhofer, Bryan Cameron, John A. Gunn, Harry R. Hagey, David C. Hoeft, Kenneth E. Olivier, Charles F. Pohl, Gregory R. Serrurier, and Diana S. Strandberg. Dodge & Cox believe that a well-tuned, group decision making process enhances individual thinking and moves the portfolio beyond dependence on any single person. The Dodge & Cox team is guided both in what they buy and what they sell by an ongoing search for superior relative value, steering clear of popular choices that come at a price they would rather not pay. Investing when valuations are low creates greater potential for capital appreciation. They look to be long-term owners of companies whose current valuations don’t reflect their long-term earnings and cash-flow prospects.

Historical Allocation of Stock, Bonds, Cash

Total Holding History

Performance of Dodge & Cox Stock FUND

YearReturn (%)S&P500 (%)Excess Gain (%)
201410.4313.69-3.3
201340.5532.398.2
201222.01166.0
3-Year Cumulative89.4 (23.7%/year)74.6 (20.4%/year)14.8 (3.3%/year)
2011-4.082.11-6.2
201013.4915.06-1.6
5-Year Cumulative106.1 (15.6%/year)105.1 (15.5%/year)1 (0.1%/year)
200931.2726.464.8
2008-43.31-37-6.3
20070.145.49-5.3
200618.5315.792.7
20059.374.914.5
10-Year Cumulative99.2 (7.1%/year)109.4 (7.7%/year)-10.2 (-0.6%/year)
200419.1710.888.3
200332.3428.683.7
2002-10.54-22.111.6
20019.33-11.8921.2
200016.31-9.125.4
15-Year Cumulative257.3 (8.9%/year)86.4 (4.2%/year)170.9 (4.7%/year)
199920.2121.04-0.8
19985.428.58-23.2
199728.433.36-5.0
199622.2722.96-0.7
199533.5237.58-4.1
20-Year Cumulative848.9 (11.9%/year)554.6 (9.8%/year)294.3 (2.1%/year)
19945.171.323.9
199318.3310.088.2
199210.827.623.2
199121.4730.47-9.0
1990-5.09-3.1-2.0
25-Year Cumulative1408.8 (11.5%/year)893.3 (9.6%/year)515.5 (1.9%/year)
198926.9431.69-4.8
198813.7616.61-2.9
198711.955.16.8
198618.3118.6-0.3
198537.8631.66.3
30-Year Cumulative3878.3 (13.1%/year)2402.2 (11.3%/year)1476.1 (1.8%/year)
19845.186.1-0.9
198326.5422.44.1
198222.0721.40.7
1981-2.57-52.4
198033.1932.30.9
35-Year Cumulative8287.5 (13.5%/year)4858.2 (11.8%/year)3429.3 (1.7%/year)

Top Ranked Articles

Dodge & Cox Buys Boston Scientific Corp., HSBC Holdings PLC, Home Depot Inc., Sells Syngenta AG, Lockheed Martin Corp., Genentech Inc.
Manage more than $100 billion and still achieve outstanding returns? Even Warren Buffett is having a hard time doing it. Dodge & Cox does this with a value investing team. They have achieved great returns. These are the details of the buys and sells during the second quarter. Dodge & Cox owns 221 stocks with a total value of $138.5 billion. Read more...
Guru Stocks at 52-Week Lows: NSRGY, TEF, FTE, PC, CME
According to GuruFocus' list of 52-week lows, these Guru stocks have reached their 52-week lows. Read more...
The Most Overlooked Technology Bargain: Computer Sciences (CSC)
Computer Sciences Corporation (NYSE:CSC) carries a 4-Star GuruFocus rating for business predictability. Read more...
Dodge & Cox Favors Motorola (MOT), Buys Boston Scientific (BSX) and Home Depot (HD)
Value investing team Dodge & Cox likes to buy companies that are temporarily undervalued by the stock market but have a favorable outlook for long-term growth. They value companies based on their underlying financial condition and prospects including future earnings, cash flow and dividends. Over the past 20 years, Dodge & Cox Stock Fund has returned more than 13% a year, beating S&P500 by more than 3% a year. Their funds are closed to new investors. Read more...
Dodge & Cox 2Q Letter - Comments Financials, Tech
TO OUR SHAREHOLDERS Read more...
» More Dodge & Cox Articles

Commentaries and Stories

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Dodge & Cox Funds 2015 Fixed Income Mid-Year Review
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Dodge & Cox Acquires Stake in Priceline Dodge & Cox - Dodge & Cox Acquires Stake In Priceline
Founded 85 years ago, San Francisco-based mutual fund company Dodge & Cox examines investment opportunities with a team research approach, then an investment policy committee makes the decision whether to invest. Recent returns have been impressive – 10.43% last year, 40.55% in 2013 and 22.01% in 2012. More...

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Rating: 5.0/5 (1 vote)

Dodge & Cox Funds' 2015 Equity Mid-Year Review
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Rating: 5.0/5 (1 vote)

Dodge & Cox International Stock Fund Q2 Commentary 2015
The Dodge & Cox International Stock Fund had a total return of –0.3% for the second quarter of 2015, compared to 0.6% for the MSCI EAFE (Europe, Australasia, Far East) Index. For the six months ended June 30, 2015, the Fund had a total return of 3.9%, compared to 5.5% for the MSCI EAFE. At quarter end, the Fund had net assets of $69.7 billion with net cash of 1.7%. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Dodge & Cox Global Stock Fund Second-Quarter Commentary 2015 Dodge & Cox - Dodge & Cox Global Stock Fund Second-Quarter Commentary 2015
The Dodge & Cox Global Stock Fund had a total return of 0.8% for the second quarter of 2015, compared to 0.3% for the MSCI World Index. For the six months ended June 30, 2015, the Fund had a total return of 2.2%, compared to 2.6% for the MSCI World. At quarter end, the Fund had net assets of $6.5 billion with net cash of 1.7%. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Dodge & Cox Fund Second Quarter Commentary 2015 Dodge & Cox - Dodge & Cox Fund Second Quarter Commentary 2015
The Dodge & Cox Stock Fund had a total return of 2.6% for the second quarter of 2015, compared to 0.3% for the S&P 500 Index. For the six months ended June 30, 2015, the Fund had a total return of 1.4%, compared to 1.2% for the S&P 500. At quarter end, the Fund had net assets of $59.9 billion with net cash of 0.7%. More...

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Bill Frels' Stocks With Growing Yields Bill Frels,Dodge & Cox,Ken Heebner,Vanguard Health - Bill Frels' Stocks With Growing Yields
Bill Frels (Trades, Portfolio) is the portfolio manager at Mairs & Power, which is an SEC-registered investment advisory firm and is Minnesota's oldest investment firm under private ownership and management. More...

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Dodge & Cox Reduces Stake in AOL
San Francisco-based firm Dodge & Cox was founded in 1930 and prides itself on having a strong and reliable team of investors that have worked together for over a decade. Consistency over a long period of time seems to be the firm's approach on investing as well. Dodge & Cox looks for long-term trends in companies rather than short-term market trends, which is why the firm has such a low quarter-over-quarter turnover rate of 4%. More...

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Guru Stocks at 52-Week Lows: XOM, WMT, PG, CVX, GSK
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. More...

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Rating: 5.0/5 (2 votes)

Dodge & Cox Buys 2 New Stocks Dodge & Cox - Dodge & Cox Buys 2 New Stocks
Dodge & Cox was founded in 1930 and is a firm employing a long-term approach and strict price discipline. It has $250 billion in assets under management and returned 11.32% on average annually over the past 20 years, compared to 9.39% for the S&P 500. More...

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Dodge & Cox Keeps Buying Express Scripts
Dodge & Cox (Trades, Portfolio) was founded in 1930, by Van Duyn Dodge and E. Morris Cox. As of March 2006, Dodge & Cox managed over $104 billion in separate accounts and mutual funds. More...

LONG, Dodge & Cox


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Dodge & Cox’ Stock Fund Q1 2015 Commentary
The Dodge & Cox Stock Fund had a total return of –1.2% for the first quarter of 2015, compared to 1.0% for the S&P 500 Index. At quarter end, the Fund had net assets of $59.4 billion with net cash of 0.4%. More...

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Dodge & Cox’ Global Stock Fund Q1 2015 Commentary
The Dodge & Cox Global Stock Fund had a total return of 1.4% for the first quarter of 2015, compared to 2.3% for the MSCI World Index. At quarter end, the Fund had net assets of $6.3 billion with net cash of 2.9%. More...

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Morgan Stanley's Q1 Results Beat Wall Street Estimates
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Morgan Stanley


  • Currently 2.33/5

Rating: 2.3/5 (3 votes)

Bill Nygren Focuses On Apache Corp.
Bill Nygren (Trades, Portfolio) is portfolio manager of The Oakmark Fund, The Oakmark Select Fund and the Oakmark Global Select Fund. Nygren has an M.S. in finance from the University of Wisconsin-Madison and a B.S. in accounting from the University of Minnesota. More...

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Prem Watsa Top Growing Stocks
“Why do Roman bridges historically last for a long, long time? Why did they last for a long time? The key reason was that the people who designed the bridges had to stand underneath it before the traffic went on. So they made sure there was a massive margin of safety. And bridges lasted for years and years and years. “ More...

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Rating: 5.0/5 (2 votes)

Dodge & Cox 2014 Equity Year in Review
Watch the video here. More...

VIDEO, DODGE AND COX, CHARLES POHL


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Guru David Tepper Adds One Company to Portfolio in Fourth Quarter David Tepper, DODGE & COX, GLOBAL VALUE, MANNING & - Guru David Tepper Adds One Company To Portfolio In Fourth Quarter
Hedge fund manager and founder of Appaloosa Management David Tepper (Trades, Portfolio) has built a reputation over the years for investing in distressed companies. More...

REAL ESTATE, STOCK, DIVEST, FACEBOOK, SOCIAL MEDIA


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Dodge & Cox’s Global Stock Fund Comments on Siam Commercial Bank
Siam Commercial Bank (BKK:SCB), the largest retail bank in Thailand, is a new addition to the Fund. During late 2013 and early 2014, Thailand lacked a functioning government, and the country’s stock market suffered. Siam Commercial’s stock was no exception, as its valuation declined to eight times forward earnings. During prior periods of political uncertainty, the Thai economy continued to grow, and Siam Commercial delivered an attractive return on shareholder’s equity and increased its book value per share. More...

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