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Asset Manager ← All Institutions

Brandywine Global Investment Management, LLC

Q4 2025 · Filed 2026-02-11
Market Value
$14.6B
+2.2%
Holdings
650
+4
New Purchases
66
Added To
146
Closed
64
Reduced
365
Top 10 Concentration
20.7%
Turnover
20.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MRK 0.65% 0.05% +0.60% $95M
GS 1.55% 0.96% +0.59% $226M
FDX 1.10% 0.54% +0.55% $160M
PEP 1.37% 0.96% +0.41% $200M
XOM 1.66% 1.31% +0.35% $242M
DEO 0.32% 0.00% +0.32% $47M
MIDD 0.34% 0.03% +0.31% $50M
GOOGL 1.51% 1.23% +0.28% $221M
KMB 0.64% 0.36% +0.28% $93M
JNJ 2.77% 2.54% +0.23% $404M
AMGN 0.96% 0.73% +0.23% $140M
PG 0.47% 0.26% +0.21% $69M
ITW 0.21% 0.00% +0.21% $31M
FANG 0.21% 0.00% +0.21% $30M
PFE 0.49% 0.29% +0.20% $71M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ABBV 0.00% 0.81% -0.81% $0
DE 0.00% 0.69% -0.69% $0
CSCO 0.43% 1.06% -0.63% $62M
FMC 0.00% 0.54% -0.53% $589K
GM 0.79% 1.24% -0.45% $115M
CMCSA 1.43% 1.85% -0.42% $208M
CRH.L 0.00% 0.37% -0.37% $0
MU 0.00% 0.38% -0.37% $406K
CVX 0.00% 0.31% -0.31% $251K
NSC 0.00% 0.29% -0.29% $0
APO 0.00% 0.26% -0.26% $0
ABEV 0.01% 0.26% -0.26% $763K
T 2.08% 2.34% -0.25% $304M
CCK 0.08% 0.31% -0.23% $11M
CVS 1.48% 1.66% -0.18% $216M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 29 $3.7B 25.6%
Large Cap 254 $9.0B 61.4%
Mid Cap 200 $1.6B 11.0%
Small Cap 159 $280M 1.9%
Micro Cap 8 $2M 0.0%

Portfolio Analytics

Avg Market Cap
$58.5B
Median Market Cap
$7.6B
Avg P/E
22.2
Median P/E
14.8
Avg Dividend Yield
0.02%
Avg Beta
0.90
# Stocks
646
# ETFs / Funds
4

Top Holdings (650 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 JPM 3.04% 1,374,890 $443M $322.22 -$12M -68,745 -4.8%
2 JNJ 2.77% 1,951,088 $404M $206.95 $41M -3,290 -0.2%
3 BAC 2.25% 5,972,520 $328M $55.00 $14M -124,903 -2.0%
4 WFC 2.19% 3,422,909 $319M $93.20 $29M -34,624 -1.0%
5 C 2.16% 2,696,496 $315M $116.69 $32M -83,983 -3.0%
6 T 2.08% 12,229,088 $304M $24.84 -$29M +429,275 +3.6%
7 XOM 1.66% 2,009,194 $242M $120.34 $55M +354,333 +21.4%
8 GS 1.55% 257,578 $226M $879.00 $89M +84,744 +49.0%
9 GOOGL 1.51% 704,629 $221M $313.00 $45M -16,723 -2.3%
10 CVS 1.48% 2,723,074 $216M $79.36 -$20M -414,402 -13.2%
11 KR 1.44% 3,357,243 $210M $62.48 $4M +309,064 +10.1%
12 CMCSA 1.43% 6,975,368 $208M $29.89 -$55M -1,426,711 -17.0%
13 PEP 1.37% 1,391,861 $200M $143.52 $62M +414,393 +42.4%
14 DIS 1.34% 1,717,034 $195M $113.77 $4M +41,807 +2.5%
15 VZ 1.20% 4,309,428 $176M $40.73 -$6M +168,597 +4.1%
16 DG 1.14% 1,254,014 $166M $132.77 $18M -184,386 -12.8%
17 FDX 1.10% 553,129 $160M $288.86 $83M +225,856 +69.0%
18 MS 1.07% 877,171 $156M $177.53 $14M -16,791 -1.9%
19 MDT 1.04% 1,584,743 $152M $96.06 $7M +64,466 +4.2%
20 GPN 1.00% 1,888,747 $146M $77.40 $9M +237,499 +14.4%
21 AMGN 0.96% 427,722 $140M $327.31 $36M +57,626 +15.6%
22 QCOM 0.89% 756,299 $129M $171.05 $1M -14,867 -1.9%
23 DAL 0.87% 1,838,051 $128M $69.40 $17M -112,701 -5.8%
24 AER 0.86% 873,309 $126M $143.76 -$15M -288,780 -24.9%
25 MTB 0.81% 584,386 $118M $201.48 $25M +113,108 +24.0%
26 GM 0.79% 1,412,993 $115M $81.32 -$62M -1,481,772 -51.2%
27 CRM 0.75% 415,202 $110M $264.91 $23M +49,874 +13.7%
28 LMT 0.75% 225,122 $109M $483.67 -$4M -1,940 -0.8%
29 IBM 0.74% 364,334 $108M $296.21 -$854K -21,167 -5.5%
30 WTW 0.74% 328,291 $108M $328.60 $8M +38,549 +13.3%
31 GILD 0.73% 861,496 $106M $122.74 $28M +158,393 +22.5%
32 LOW 0.69% 417,673 $101M $241.16 -$6M -8,055 -1.9%
33 ON 0.69% 1,847,377 $100M $54.15 $23M +275,079 +17.5%
34 MRK 0.65% 905,795 $95M $105.26 $88M +818,978 +943.3%
35 EOG 0.64% 892,095 $94M $105.01 -$3M +30,241 +3.5%
36 KMB 0.64% 922,106 $93M $100.88 $41M +507,339 +122.3%
37 ADBE 0.63% 262,757 $92M $349.99 $16M +46,460 +21.5%
38 TMUS 0.61% 440,280 $89M $203.04 -$14M +8,035 +1.9%
39 HCA 0.61% 191,451 $89M $466.86 $6M -4,036 -2.1%
40 UNP 0.61% 384,313 $89M $231.32 $24M +108,333 +39.2%
41 HON 0.61% 452,541 $88M $195.09 $11M +85,361 +23.2%
42 CI 0.57% 301,723 $83M $275.23 $29M +113,805 +60.6%
43 MET 0.57% 1,046,639 $83M $78.94 -$1M +30,468 +3.0%
44 HUM 0.55% 313,859 $80M $256.13 $18M +75,457 +31.6%
45 ANF 0.55% 637,848 $80M $125.87 $16M -118,618 -15.7%
46 CNQ 0.53% 2,285,276 $77M $33.87 $4M -19,123 -0.8%
47 SRE 0.53% 869,717 $77M $88.29 -$2M -2,026 -0.2%
48 EBAY 0.52% 866,383 $75M $87.10 -$4M -10,897 -1.2%
49 CB 0.50% 231,747 $72M $312.12 $6M -4,527 -1.9%
50 ICLR 0.49% 399,813 $72M $179.29 $11M +22,393 +5.9%
51 NEM 0.49% 713,007 $71M $99.85 $10M -13,343 -1.8%
52 PFE 0.49% 2,857,645 $71M $24.90 $30M +1,250,255 +77.8%
53 PG 0.47% 481,295 $69M $143.31 $32M +239,348 +98.9%
54 VTRS 0.46% 5,423,976 $68M $12.45 $24M +981,842 +22.1%
55 MO 0.46% 1,165,851 $67M $57.66 -$11M -16,784 -1.4%
56 ADM 0.46% 1,161,285 $67M $57.49 -$3M -10,199 -0.9%
57 XEL 0.46% 902,437 $67M $73.86 -$7M -9,397 -1.0%
58 PYPL 0.45% 1,118,334 $65M $58.38 -$9M +6,750 +0.6%
59 COP 0.45% 693,506 $65M $93.61 -$921K -2,549 -0.4%
60 ALL 0.44% 306,489 $64M $208.15 $9M +52,666 +20.8%
61 EIX 0.43% 1,043,859 $63M $60.02 $4M -9,065 -0.9%
62 CSCO 0.43% 810,693 $62M $77.03 -$88M -1,390,709 -63.2%
63 RPRX 0.42% 1,579,252 $61M $38.64 $8M +62,931 +4.2%
64 SYY 0.41% 813,340 $60M $73.69 -$6M +12,562 +1.6%
65 FE 0.41% 1,329,624 $60M $44.77 -$286K +24,225 +1.9%
66 MMM 0.40% 367,504 $59M $160.10 $738K -6,895 -1.8%
67 TRV 0.40% 200,865 $58M $290.06 $1M -4,088 -2.0%
68 SNY 0.40% 1,200,571 $58M $48.46 $1M -561 -0.1%
69 SHEL 0.39% 781,017 $57M $73.48 -$170K -23,668 -2.9%
70 PGR 0.39% 250,851 $57M $227.72 -$6M -5,066 -2.0%
71 DHI 0.39% 391,512 $56M $144.03 $5M +86,437 +28.3%
72 BMRN 0.39% 945,847 $56M $59.43 $7M +39,817 +4.4%
73 HST 0.38% 3,163,450 $56M $17.73 $2M -28,569 -0.9%
74 ES 0.38% 829,120 $56M $67.33 -$549K +36,690 +4.6%
75 VNT 0.38% 1,495,686 $56M $37.18 -$2M +111,465 +8.1%
76 DOC 0.38% 3,446,910 $55M $16.08 -$9M +62,006 +1.8%
77 GSK 0.38% 1,116,087 $55M $49.04 $5M -27,462 -2.4%
78 RRX 0.37% 387,424 $54M $140.32 -$2M -3,802 -1.0%
79 GD 0.37% 159,113 $54M $336.66 -$2M -2,965 -1.8%
80 MGA 0.36% 982,886 $52M $53.31 $6M -6,895 -0.7%
81 AIG 0.36% 611,195 $52M $85.55 $17M +162,707 +36.3%
82 IWD 0.35% 242,573 $51M $210.34 $10M +41,803 +20.8%
83 MIDD 0.34% 337,939 $50M $148.67 $45M +300,577 +804.5%
84 BIDU 0.34% 384,282 $50M $130.66 $209K +4,820 +1.3%
85 DUK 0.34% 426,984 $50M $117.21 -$4M -8,384 -1.9%
86 HIG 0.33% 351,366 $48M $137.80 $11M +71,980 +25.8%
87 CAG 0.32% 2,734,874 $47M $17.31 -$3M +1,399 +0.1%
88 CE 0.32% 1,119,658 $47M $42.28 $86K -3,275 -0.3%
89 DEO 0.32% 540,879 $47M $86.46 +540,879 NEW
90 EL 0.32% 439,378 $46M $104.72 $7M -4,158 -0.9%
91 CNHI 0.31% 4,961,457 $46M $9.22 $27M +3,227,143 +186.1%
92 BK 0.31% 392,700 $46M $116.09 $2M -7,573 -1.9%
93 ABC 0.31% 133,773 $45M $337.75 $3M -2,533 -1.9%
94 TSN 0.30% 757,626 $44M $58.62 $3M -5,848 -0.8%
95 SYF 0.30% 523,715 $44M $83.43 $11M +68,327 +15.0%
96 CSX 0.30% 1,202,015 $44M $36.25 -$15M -440,664 -26.8%
97 NRG 0.29% 268,251 $43M $159.24 -$17M -100,733 -27.3%
98 KMI 0.29% 1,553,215 $43M $27.49 -$2M -13,953 -0.9%
99 HHH 0.29% 524,951 $42M $79.77 -$2M -7,763 -1.5%
100 MDLZ 0.28% 768,229 $41M $53.83 -$8M -14,749 -1.9%

New Positions

SymbolValue% Port
DEO $47M 0.32%
ITW $31M 0.21%
FANG $30M 0.21%
LNG $29M 0.20%
OI $25M 0.17%
TPR $18M 0.12%
REGN $18M 0.12%
HAL $17M 0.11%
SQ $12M 0.08%
MTH $11M 0.07%
AA $10M 0.07%
BTU $8M 0.06%
THO $8M 0.06%
PVH $7M 0.05%
HPQ $7M 0.05%

Sold Out Positions

SymbolValue% Port
EXPD —%
HRB —%
EMN —%
GDOT —%
TRGP —%
UHAL —%
CLW —%
ABBV —%
WEX —%
CAH —%
MGM —%
APO —%
VAC —%
PFSI —%
EGY —%
View SEC EDGAR Filings for Brandywine Global Investment Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms