Brandywine Global Investment Management, LLC
Follow13F filer, CIK 829108, PHILADELPHIA, PA
Brandywine Global Investment Management, LLC reported $13,765,288,120 across 557 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-02-12. Its ten largest share positions make up 18.97% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000829108-25-000001
- Period
- 2024-12-31
- Reported value
- $13.8B
- Holdings
- 557
- Top 10 weight
- 18.97%
- New
- 69
- Sold out
- 181
Part of the filer group Franklin Resources
CLEARBRIDGE INVESTMENT MANAGEMENT LTDClearbridge Investments, LLC
- CLEARBRIDGE INVESTMENT MANAGEMENT LTD
- Clearbridge Investments, LLC
- ClearBridge Investments Ltd
- ClearBridge Investments (North America) Pty Ltd
- FIDUCIARY TRUST CO INTERNATIONAL
- Fiduciary Trust Co International of Pennsylvania
- FIDUCIARY TRUST Co OF CANADA
- FIDUCIARY TRUST INTERNATIONAL LLC
- Fiduciary Trust International of California
- Fiduciary Trust International of the South
- FRANKLIN ADVISERS INC
- FRANKLIN ADVISORY SERVICES LLC
- Franklin Managed Options Strategies, LLC
- FRANKLIN MUTUAL ADVISERS LLC
- FRANKLIN RESOURCES INC
- FRANKLIN TEMPLETON ASSET MANAGEMENT (INDIA) PRIVATE Ltd
- Franklin Templeton Australia Ltd
- Franklin Templeton Financial Co
- Franklin Templeton Institutional, LLC
- Franklin Templeton International Services S.a r.l
- FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LTD
- FRANKLIN TEMPLETON INVESTMENTS CORP
- PUTNAM ADVISORY CO LLC
- PUTNAM INVESTMENT MANAGEMENT LLC
- TEMPLETON ASSET MANAGEMENT LTD
- TEMPLETON GLOBAL ADVISORS LTD
- TEMPLETON INVESTMENT COUNSEL LLC
- Franklin Templeton, Inc.
- Charles B. Johnson
- Rupert H. Johnson, Jr.
Stakes and trades reported after 2024-12-31
13D, 13G and Form 4 filings by this filer's group, dated after the 13F period, on securities the quarter does not hold as shares.
- CLARION PARTNERS REAL ESTATE INCOME FUN…: 13D/A 93,329 shares, 66.6% of the class, 13D/A filed 2026-10-02, 0000038777-26-000256
Accepted , ingested - LUV SOUTHWEST AIRLS CO: 13G/A 49,730,439 shares, 10.2% of the class, 13G/A filed 2026-10-07, 0000038777-26-000259Timeline
Accepted , ingested - FRANKLIN BSP PRIVATE CREDIT ADVISOR: 13D/A 6,597,084 shares, 60.3% of the class, 13D/A filed 2026-09-28, 0000038777-26-000255
Accepted , ingested
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| QCOMnew | +659,913 | $101M |
| UNHnew | +195,792 | $99M |
| CEadded | +892,391 | $61.8M |
| CMCSAadded | +1,606,593 | $60.3M |
| MMMnew | +451,588 | $58.3M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| TMUSreduced | -524,730 | -$116M |
| AFLreduced | -923,526 | -$95.5M |
| CSXreduced | -2,842,445 | -$91.7M |
| ELVexited | -166,762 | -$84.9M |
| MRKreduced | -723,690 | -$72M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Back to all 553 share positions
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| CABLE ONE INCCABLE ONE INC NOTE | principal | 59,876,000 | $49.5M | +8,267,000 |
| ECHOSTAR CORPECHOSTAR CORP NOTE 3.875%11/3 | principal | 29,677,840 | $31.3M | new |
| AIRBNB INCAIRBNB INC CLASS A | principal | 6,500,000 | $6.09M | 0 |
| BLOCK INCBLOCK INC NOTE 0.250%11/0 | principal | 2,000,000 | $1.74M | 0 |
Sold out in Q4 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| ELVELEVANCE HEALTH INC FORMERLY | 166,762 | $84.9M | shares |
| DISH NETWORK CORPORATIONDISH NETWORK CORPORATION | 74,065,000 | $61.7M | principal |
| XRAYDENTSPLY SIRONA INC | 2,477,186 | $60.5M | shares |
| NUENUCOR CORP | 378,673 | $57.9M | shares |
| FISVFISERV INC | 280,905 | $54.3M | shares |
| NSCNORFOLK SOUTHN CORP | 208,930 | $53M | shares |
| AIR TRANS SVCS GROUP INCAIR TRANS SVCS GROUP INC | 31,420,000 | $29.7M | principal |
| DOWDOW HLDGS INC | 461,297 | $24.7M | shares |
| MARATHON OIL CORPMARATHON OIL CORP | 883,848 | $24.5M | shares |
| RRYDER SYS INC | 147,328 | $22.3M | shares |
| CNCCENTENE CORP DEL | 301,487 | $22M | shares |
| ASOACADEMY SPORTS & OUTDOORS IN | 304,458 | $16.3M | shares |
| JHGJANUS HENDERSON GROUP PLC | 404,288 | $16.2M | shares |
| CADECADENCE BANK | 448,754 | $14.7M | shares |
| HRIHERC HLDGS INC | 85,178 | $14.4M | shares |
| ZBHZIMMER BIOMET HOLDINGS INC | 134,101 | $14.1M | shares |
| WMSADVANCED DRAIN SYS INC DEL | 85,806 | $13.3M | shares |
| CTRACOTERRA ENERGY INC | 535,243 | $13.1M | shares |
| GPCGENUINE PARTS CO | 90,777 | $12.7M | shares |
| CRBGCOREBRIDGE FINL INC | 409,986 | $12.6M | shares |
| PETIQ INCPETIQ INC | 400,807 | $12.4M | shares |
| ARMKARAMARK | 292,947 | $11.3M | shares |
| SEZLSEZZLE INC | 57,593 | $10.8M | shares |
| RUNSUNRUN INC | 670,254 | $10.5M | shares |
| CGCARLYLE GROUP INC | 202,063 | $9.82M | shares |
| BANCBANC OF CALIFORNIA INC | 634,607 | $9.39M | shares |
| ARCH RESOURCES INCARCH RESOURCES INC | 63,742 | $9.3M | shares |
| SWKSSKYWORKS SOLUTIONS INC | 89,350 | $8.86M | shares |
| INSWINTERNATIONAL SEAWAYS INC | 171,989 | $8.72M | shares |
| NRDSNERDWALLET INC | 720,512 | $8.62M | shares |
| BCBRUNSWICK CORP | 101,513 | $8.44M | shares |
| FFIVF5 INC | 38,468 | $8.44M | shares |
| TPRTAPESTRY INC | 179,797 | $8.2M | shares |
| FAFIRST ADVANTAGE CORP NEW | 407,178 | $8.14M | shares |
| JELDJELD-WEN HLDG INC | 527,446 | $8.14M | shares |
| AESIATLAS ENERGY SOLUTIONS INC | 398,258 | $8.12M | shares |
| CPRXCATALYST PHARMACEUTICALS INC | 392,118 | $8.09M | shares |
| KNKNOWLES CORP | 445,232 | $7.95M | shares |
| XHRXENIA HOTELS & RESORTS INC | 520,015 | $7.73M | shares |
| AZTAAZENTA INC | 161,986 | $7.37M | shares |
| PIIPOLARIS INC | 90,180 | $7.33M | shares |
| TFXTELEFLEX INCORPORATED | 30,597 | $7.26M | shares |
| SKYWSKYWEST INC | 77,781 | $7.21M | shares |
| VSHVISHAY INTERTECHNOLOGY INC | 389,750 | $7.17M | shares |
| SHOSUNSTONE HOTEL INVS INC NEW | 689,703 | $7.14M | shares |
| CNOBCONNECTONE BANCORP INC | 276,821 | $7.14M | shares |
| TROXTRONOX HOLDINGS PLC | 473,588 | $6.81M | shares |
| ARWARROW ELECTRS INC | 50,348 | $6.79M | shares |
| MEIMETHODE ELECTRS INC | 605,871 | $6.74M | shares |
| VSXYVICTORIAS SECRET AND CO | 254,128 | $6.72M | shares |
| HIIHUNTINGTON INGALLS INDS INC | 25,742 | $6.71M | shares |
| MOHMOLINA HEALTHCARE INC | 19,367 | $6.59M | shares |
| TFSLTFS FINL CORP | 501,521 | $6.52M | shares |
| ICHRICHOR HOLDINGS | 213,774 | $6.44M | shares |
| HOPEHOPE BANCORP INC | 488,431 | $6.33M | shares |
| TNETTRINET GROUP INC | 64,187 | $6.29M | shares |
| WORWORTHINGTON ENTERPRISES INC | 154,531 | $6.24M | shares |
| RESRPC INC | 887,412 | $6.21M | shares |
| MTWMANITOWOC CO INC | 616,830 | $6.08M | shares |
| Vivid Seats IncVivid Seats Inc | 1,562,511 | $6.06M | shares |
| HOODROBINHOOD MKTS INC | 223,770 | $6.04M | shares |
| COHUCOHU INC | 226,679 | $5.92M | shares |
| ANIPANI PHARMACEUTICALS INC | 100,899 | $5.9M | shares |
| WHDCACTUS INC | 93,467 | $5.88M | shares |
| TWOTWO HARBORS INVENTMENT CORPO | 449,116 | $5.77M | shares |
| GEOGEO GROUP INC | 389,386 | $5.74M | shares |
| CROXCROCS INC | 39,909 | $5.56M | shares |
| NMFCNEW MTN FIN CORP | 470,297 | $5.48M | shares |
| KEYKEYCORP | 310,903 | $5.41M | shares |
| HALHALLIBURTON CO | 176,045 | $5.38M | shares |
| UPWKUPWORK INC | 510,643 | $5.32M | shares |
| ADAMADAMAS TRUST INC. | 915,546 | $5.06M | shares |
| ACVAACV AUCTIONS INC | 246,970 | $4.63M | shares |
| MRCYMERCURY SYS INC | 128,411 | $4.6M | shares |
| CNPCENTERPOINT ENERGY INC | 153,429 | $4.57M | shares |
| ROGROGERS CORP | 42,093 | $4.42M | shares |
| CACICACI INTL INC | 8,332 | $4.13M | shares |
| ROOKLINE BANCORP INC DELROOKLINE BANCORP INC DEL | 398,839 | $4.12M | shares |
| CALCALERES INC | 123,437 | $4.02M | shares |
| DFHDREAM FINDERS HOMES INC | 121,323 | $4.01M | shares |
| SPHRSPHERE ENTERTAINMENT CO | 85,498 | $3.93M | shares |
| FIVEFIVE BELOW INC | 43,339 | $3.92M | shares |
| OVVOVINTIV INC | 91,500 | $3.89M | shares |
| OXMOXFORD INDS INC | 49,810 | $3.81M | shares |
| FANGDIAMONDBACK ENERGY INC | 19,784 | $3.77M | shares |
| AMPHAMPHASTAR PHARMACEUTICALS IN | 75,053 | $3.7M | shares |
| WTTRSELECT WATER SOLUTIONS INC | 320,707 | $3.68M | shares |
| GUESS? INCGUESS? INC | 188,124 | $3.64M | shares |
| EXEEXPAND ENERGY CORPORATION | 40,176 | $3.48M | shares |
| DINOHF SINCLAIR CORP | 75,923 | $3.43M | shares |
| WWAYFAIR INC | 62,125 | $3.43M | shares |
| VLYVALLEY NATL BANCORP | 360,856 | $3.32M | shares |
| HYHYSTER-YALE INC | 49,262 | $3.32M | shares |
| LOBLIVE OAK BANCSHARES INC | 67,029 | $3.24M | shares |
| NEUNEWMARKET CORP | 6,129 | $3.23M | shares |
| WUWESTERN UN CO | 257,475 | $3.05M | shares |
| PAHCPHIBRO ANIMAL HEALTH CORP | 121,400 | $2.95M | shares |
| IMKTAINGLES MKTS INC | 46,520 | $2.89M | shares |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC | 3,350,000 | $2.89M | principal |
| CUSHMAN & WAKEFIELD UK HOLDCCUSHMAN & WAKEFIELD UK HOLDC | 230,254 | $2.88M | shares |
| ODDODDITY TECH LTD | 70,580 | $2.83M | shares |
| AEOAMERICAN EAGLE OUTFITTERS IN | 136,450 | $2.83M | shares |
| DXPEDXP ENTERPRISES INC | 49,790 | $2.73M | shares |
| GENIGENIUS SPORTS LIMITED | 345,300 | $2.71M | shares |
| DBIDESIGNER BRANDS INC | 466,913 | $2.69M | shares |
| LANDSEA HOMES CORPLANDSEA HOMES CORP | 234,900 | $2.67M | shares |
| GNKGENCO SHIPPING & TRADING LTD | 150,743 | $2.6M | shares |
| PCRXPACIRA BIOSCIENCES INC | 155,413 | $2.54M | shares |
| KELYAKELLY SVCS INC | 107,930 | $2.2M | shares |
| REIRING ENERGY INC | 1,182,700 | $1.92M | shares |
| KOPKOPPERS HOLDINGS INC | 51,832 | $1.91M | shares |
| CPKCHESAPEAKE UTILS CORP | 15,800 | $1.89M | shares |
| HBNCHORIZON BANCORP IND | 122,600 | $1.88M | shares |
| MURMURPHY OIL CORP | 52,955 | $1.88M | shares |
| RGRSTURM RUGER & CO INC | 43,100 | $1.78M | shares |
| HARBORONE BANCORP INC NEWHARBORONE BANCORP INC NEW | 135,100 | $1.78M | shares |
| CMTCORE MOLDING TECHNOLOGIES IN | 101,065 | $1.74M | shares |
| PLOWDOUGLAS DYNAMICS INC | 65,200 | $1.72M | shares |
| BLFYBLUE FOUNDRY BANCORP | 160,402 | $1.64M | shares |
| SPRYARS PHARMACEUTICALS INC | 106,400 | $1.59M | shares |
| WSBFWATERSTONE FINL INC MD | 108,971 | $1.57M | shares |
| LEALEAR CORP | 14,246 | $1.52M | shares |
| REVANCE THERAPEUTICS INCREVANCE THERAPEUTICS INC | 283,800 | $1.46M | shares |
| CLWCLEARWATER PAPER CORP | 51,080 | $1.44M | shares |
| SDSANDRIDGE ENERGY INC | 116,800 | $1.43M | shares |
| SMPSTANDARD MTR PRODS INC | 42,186 | $1.32M | shares |
| PLPLANET LABS PBC | 572,900 | $1.3M | shares |
| ALVAUTOLIV INC | 13,442 | $1.27M | shares |
| SRTASTRATA CRITICAL MEDICAL INC | 360,300 | $1.25M | shares |
| OCFCOCEANFIRST FINL CORP | 67,670 | $1.25M | shares |
| ZVRAZEVRA THERAPEUTICS INC | 177,900 | $1.23M | shares |
| SNCYSUN CTRY AIRLS HLDGS INC | 115,890 | $1.22M | shares |
| HVTHAVERTY FURNITURE COS INC | 47,233 | $1.21M | shares |
| Vital Energy IncVital Energy Inc | 42,008 | $1.2M | shares |
| FFWMFIRST FNDTN INC | 165,500 | $1.2M | shares |
| INVXINNOVEX INTERNATIONAL INC | 75,022 | $1.15M | shares |
| INBKFIRST INTERNET BANCORP | 31,918 | $1.13M | shares |
| MCFTMASTERCRAFT BOAT HLDGS INC | 61,500 | $1.06M | shares |
| SRISTONERIDGE INC | 103,411 | $1.06M | shares |
| WTIW & T OFFSHORE INC | 455,300 | $970K | shares |
| BOOMDMC GLOBAL INC | 70,300 | $920K | shares |
| Leslie's IncLeslie's Inc | 335,400 | $899K | shares |
| WINAWINMARK CORP | 2,400 | $881K | shares |
| ONTFON24 INC | 140,798 | $866K | shares |
| PKBKPARKE BANCORP INC | 41,758 | $862K | shares |
| CVGICOMMERCIAL VEH GROUP INC | 250,157 | $808K | shares |
| PBFSPIONEER BANCORP INC MD | 71,475 | $784K | shares |
| WNEBWESTERN NEW ENG BANCORP INC | 86,662 | $770K | shares |
| FONRFONAR CORP | 48,659 | $748K | shares |
| ASLEAERSALE CORPORATION | 146,711 | $725K | shares |
| CHCTCOMMUNITY HEALTHCARE TR INC | 40,000 | $672K | shares |
| FNWBFIRST NORTHWEST BANCORP | 61,784 | $644K | shares |
| CWTCALIFORNIA WTR SVC GROUP | 11,900 | $633K | shares |
| AWRAMER STATES WTR CO | 7,300 | $623K | shares |
| ONEWONEWATER MARINE INC | 25,100 | $600K | shares |
| UTLUNITIL CORP | 9,300 | $547K | shares |
| YORWYORK WTR CO | 14,200 | $520K | shares |
| TITNTITAN MACHY INC | 36,292 | $516K | shares |
| JOUTJOHNSON OUTDOORS INC | 15,100 | $505K | shares |
| CHRSCOHERUS ONCOLOGY INC | 490,545 | $461K | shares |
| WFRDWEATHERFORD INTL PLC | 5,550 | $457K | shares |
| ASYSAMTECH SYS INC | 65,174 | $378K | shares |
| SEDGSOLAREDGE TECHNOLOGIES INC | 20,052 | $378K | shares |
| RBCAAREPUBLIC BANCORP INC KY | 5,397 | $352K | shares |
| NBNNORTHEAST BK PORTLAND ME | 3,831 | $320K | shares |
| JJSFJ & J SNACK FOODS CORP | 1,805 | $303K | shares |
| ITWILLINOIS TOOL WKS INC | 1,018 | $266K | shares |
| AVTRAVANTOR INC | 9,118 | $228K | shares |
| FLOFLOWERS FOODS INC | 9,340 | $212K | shares |
| HBBHAMILTON BEACH BRANDS HLDG C | 7,040 | $212K | shares |
| IPIINTREPID POTASH INC | 8,860 | $212K | shares |
| PANLPANGAEA LOGISTICS SOLUTION L | 31,188 | $202K | shares |
| ATNMACTINIUM PHARMACEUTICALS INC | 89,700 | $169K | shares |
| TGTREDEGAR CORP | 21,000 | $152K | shares |
| SMHISEACOR MARINE HLDGS INC | 16,830 | $150K | shares |
| CIACITIZENS INC | 23,320 | $113K | shares |
| TEADTEADS HLDG CO | 23,980 | $112K | shares |
| CLARCLARUS CORP NEW | 22,810 | $103K | shares |
| FTKFLOTEK INDUSTRIES INC | 17,100 | $85.2K | shares |
| EPSNEPSILON ENERGY LTD | 13,294 | $80K | shares |
| AXTIAXT INC | 29,610 | $71.7K | shares |
How Q4 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0000829108-25-000001 | base | 2025-02-12 | acceptance time not in the bulk data set |