Brandywine Global Investment Management, LLC Q3 2025 Filing

Filed November 13, 2025

Portfolio Value

$14.6T

Holdings

598

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (598 positions)

#StockSharesValue% PortfolioType
1
JPMJPMORGAN CHASE & CO.
1,443,635$455.4B3.12%
2
JNJJOHNSON & JOHNSON
1,954,378$362.4B2.49%
3
TAT&T INC
11,799,813$333.2B2.29%
4
BACBANK AMERICA CORP
6,097,423$314.6B2.16%
5
WFCWELLS FARGO CO NEW
3,457,533$289.8B1.99%
6
TRVCCITIGROUP INC
2,780,479$282.2B1.94%
7
CMCSACOMCAST CORP NEW
8,402,079$264.0B1.81%
8
CVSCVS HEALTH CORP
3,137,476$236.5B1.62%
9
KRKROGER CO
3,048,179$205.5B1.41%
10
DISDISNEY WALT CO
1,675,227$191.8B1.32%
11
XOMEXXON MOBIL CORP
1,654,861$186.6B1.28%
12
BACVERIZON COMMUNICATIONS INC
4,140,831$182.0B1.25%
13
GMGENERAL MTRS CO
2,894,765$176.5B1.21%
14
GOOGLALPHABET INC
721,352$175.4B1.20%
15
CSCOCISCO SYS INC
2,201,402$150.6B1.03%
16
DGDOLLAR GEN CORP NEW
1,438,400$148.7B1.02%
17
MDTMEDTRONIC PLC
1,520,277$144.8B0.99%
18
DWDMORGAN STANLEY
893,962$142.1B0.97%
19
AERAERCAP HOLDINGS NV
1,162,089$140.6B0.96%
20
GSGOLDMAN SACHS GROUP INC
172,834$137.6B0.94%
21
PEPPEPSICO INC
977,468$137.3B0.94%
22
GPNGLOBAL PMTS INC
1,651,248$137.2B0.94%
23
QCOMQUALCOMM INC
771,166$128.3B0.88%
24
ABBVABBVIE INC
496,675$115.0B0.79%
25
LMTLOCKHEED MARTIN CORP
227,062$113.4B0.78%
26
DALDELTA AIR LINES INC DEL
1,950,752$110.7B0.76%
27
IBMINTERNATIONAL BUSINESS MACHS
385,501$108.8B0.75%
28
LOWLOWES COS INC
425,728$107.0B0.73%
29
AMGNAMGEN INC
370,096$104.4B0.72%
30
TMUST-MOBILE US INC
432,245$103.5B0.71%
31
WTWWILLIS TOWERS WATSON PLC LTD
289,742$100.1B0.69%
32
DEDEERE & CO
216,680$99.1B0.68%
33
EOGEOG RES INC
861,854$96.6B0.66%
34
MTBM & T BK CORP
471,278$93.1B0.64%
35
CRMSALESFORCE INC
365,328$86.6B0.59%
36
METMETLIFE INC
1,016,171$83.7B0.57%
37
HCAHCA HEALTHCARE INC
195,487$83.3B0.57%
38
EBAEBAY INC.
877,280$79.8B0.55%
39
SRESEMPRA
871,743$78.4B0.54%
40
MOALTRIA GROUP INC
1,182,635$78.1B0.54%
41
GILDGILEAD SCIENCES INC
703,103$78.0B0.54%
42
ONON SEMICONDUCTOR CORP
1,572,298$77.5B0.53%
43
HONHONEYWELL INTL INC
367,180$77.3B0.53%
44
FDXFEDEX CORP
327,273$77.2B0.53%
45
FMCFMC CORP
2,280,846$76.7B0.53%
46
ADBEADOBE INC
216,297$76.3B0.52%
47
PYPLPAYPAL HLDGS INC
1,111,584$74.5B0.51%
48
CRCCANADIAN NAT RES LTD
2,304,399$73.7B0.51%
49
XELXCEL ENERGY INC
911,834$73.5B0.50%
50
ADMARCHER DANIELS MIDLAND CO
1,171,484$70.0B0.48%
51
CBCHUBB LIMITED
236,274$66.7B0.46%
52
SYYSYSCO CORP
800,778$65.9B0.45%
53
COPCONOCOPHILLIPS
696,055$65.8B0.45%
54
UNPUNION PAC CORP
275,980$65.2B0.45%
55
NLYANNALY CAPITAL MANAGEMENT IN
3,224,839$65.2B0.45%
56
DOCHEALTHPEAK PROPERTIES INC
3,384,904$64.8B0.44%
57
ANFABERCROMBIE & FITCH CO
756,466$64.7B0.44%
58
PGRPROGRESSIVE CORP
255,917$63.2B0.43%
59
HUMHUMANA INC
238,402$62.0B0.43%
60
NEMNEWMONT CORP
726,350$61.2B0.42%
61
ICLRICON PLC
377,420$60.9B0.42%
62
CABO 1.125 03/15/28CABLE ONE INC
70,351,000$60.2B0.41%
63
FEFIRSTENERGY CORP
1,305,399$59.8B0.41%
64
NRANRG ENERGY INC
368,984$59.8B0.41%
65
CSXCSX CORP
1,642,679$58.3B0.40%
66
EIXEDISON INTL
1,052,924$58.2B0.40%
67
MMM3M CO
374,399$58.1B0.40%
68
VNTVONTIER CORPORATION
1,384,221$58.1B0.40%
69
SHELSHELL PLC
804,685$57.6B0.39%
70
TRVTRAVELERS COMPANIES INC
204,953$57.2B0.39%
71
SNYSANOFI SA
1,201,132$56.7B0.39%
72
ESEVERSOURCE ENERGY
792,430$56.4B0.39%
73
RRXREGAL REXNORD CORPORATION
391,226$56.1B0.38%
74
GDGENERAL DYNAMICS CORP
162,078$55.3B0.38%
75
ALSALLSTATE CORP
253,823$54.5B0.37%
76
HSTHOST HOTELS & RESORTS INC
3,192,019$54.3B0.37%
77
CITHE CIGNA GROUP
187,918$54.2B0.37%
78
DUKDUKE ENERGY CORP NEW
435,368$53.9B0.37%
79
MUMICRON TECHNOLOGY INC
319,860$53.5B0.37%
80
RPRXROYALTY PHARMA PLC
1,516,321$53.5B0.37%
81
RHCRH PLC
441,772$53.3B0.37%
82
DHID R HORTON INC
305,075$51.7B0.35%
83
KMBKIMBERLY-CLARK CORP
414,767$51.6B0.35%
84
CAGCONAGRA BRANDS INC
2,733,475$50.0B0.34%
85
BIDUNBAIDU INC
379,462$50.0B0.34%
86
SATS 3.875 11/30/30ECHOSTAR CORP
20,141,005$49.6B0.34%
87
GSKGSK PLC
1,143,549$49.4B0.34%
88
BMRNBIOMARIN PHARMACEUTICAL INC
906,030$49.1B0.34%
89
MDLZMONDELEZ INTL INC
782,978$48.9B0.34%
90
CECELANESE CORP DEL
1,122,933$47.3B0.32%
91
MGAMAGNA INTL INC
989,781$46.9B0.32%
92
CVXCHEVRON CORP NEW
286,490$44.5B0.31%
93
KMIKINDER MORGAN INC DEL
1,567,168$44.4B0.30%
94
VTRSVIATRIS INC
4,442,134$44.0B0.30%
95
CCKCROWN HLDGS INC
454,073$43.9B0.30%
96
HHHHOWARD HUGHES HOLDINGS INC
532,714$43.8B0.30%
97
BKBANK NEW YORK MELLON CORP
400,273$43.6B0.30%
98
GMABGENMAB A/S
1,412,835$43.3B0.30%
99
ABGCENCORA INC
136,306$42.6B0.29%
100
SLBSCHLUMBERGER LTD
1,231,369$42.3B0.29%
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