Based in San Francisco, Dodge & Cox is an independent, privately held investment management firm with over $250 billion in assets under management. Dodge & Cox manages equity, fixed income, and balanced separate accounts and mutual funds. Clients include pension funds, endowments, foundations and individuals. Our investment approach is guided by our valuation discipline and a long-term investment horizon. Founded in 1930, the firm has 83 investment professionals and 234 employees.