Brandywine Global Investment Management, LLC
CIK 829108 · View on SEC EDGAR ↗
- Portfolio value
- $14.9B
- Positions
- 601
- As of
- Dec. 31, 2025 Data as of Q4 2025
#379 of 9,443 by 13F value · top 4.0%
Portfolio value QoQ: +2.3% 13F does not disclose cash
- Top 10 holdings weight
- 20.24%
- Top 25 holdings weight
- 36.39%
- Positions above 1%
- 19
- Effective number of positions
- 121.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q4 2025: 10.75% Est. buys $1,585,516,044 · sells $1,736,180,843
Median holding: 4.0 quarters Tracked Q4 2024–Q4 2025 · 72.5% still held
- New positions
- 70
- Increased
- 147
- Decreased
- 371
- Closed
- 65
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Performance vs S&P 500
Annualized: +16.4% · S&P 500: +17.9%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 97.8% · Options excluded: 0.0%
Sector breakdown
Financials
18.9%
Healthcare
14.3%
Industrials
10.0%
Energy
7.5%
Financial Services
6.8%
Retail
6.6%
Communication Services
5.1%
Technology
4.7%
Utilities
4.2%
Consumer Staples
4.1%
Telecommunication
3.9%
Consumer Discretionary
3.1%
Consumer products
2.9%
Materials
2.2%
Real Estate
1.5%
Logistics & Transportation
1.1%
Packaging
0.9%
Communications
0.4%
Diversified Consumer Services
0.2%
Other/Unmapped
1.8%
Full portfolio 601 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| JPM JP Morgan Chase & Co. Common Stock | $443,017,056 | 2.97% | 1,374,890 | $-12,348,732 | Down ×1 | ||
| JNJ Johnson & Johnson Common Stock | $403,777,662 | 2.71% | 1,951,088 | $41,396,893 | Down ×3 | ||
| BAC Bank of America Corporation Common Stock | $328,488,600 | 2.20% | 5,972,520 | $13,922,547 | Down ×4 | ||
| WFC Wells Fargo & Company Common Stock | $319,015,119 | 2.14% | 3,422,909 | $29,204,703 | Down ×1 | ||
| C Citigroup, Inc. Common Stock | $314,654,118 | 2.11% | 2,696,496 | $32,435,499 | Down ×2 | ||
| T AT&T Inc. | $303,770,546 | 2.04% | 12,229,088 | $-29,456,173 | Up ×2 | ||
| XOM Exxon Mobil Corporation Common Stock | $241,786,406 | 1.62% | 2,009,194 | $55,200,828 | Up ×1 | ||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $226,411,062 | 1.52% | 257,578 | $88,774,706 | Up ×2 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $220,548,877 | 1.48% | 704,629 | $45,188,206 | Down ×1 | ||
| CVS CVS Health Corporation Common Stock | $216,103,153 | 1.45% | 2,723,074 | $-20,431,163 | Down ×3 | ||
| KR Kroger Company (The) Common Stock | $209,760,543 | 1.41% | 3,357,243 | $4,282,797 | Up ×3 | ||
| CMCSA Comcast Corporation - Class A Common Stock | $208,493,750 | 1.40% | 6,975,368 | $-55,499,572 | Down ×2 | ||
| PEP PepsiCo, Inc. - Common Stock | $199,759,891 | 1.34% | 1,391,861 | $62,484,285 | Up ×4 | ||
| DIS Walt Disney Company (The) Common Stock | $195,346,958 | 1.31% | 1,717,034 | $3,533,466 | Up ×1 | ||
| VZ Verizon Communications Inc. Common Stock | $175,523,002 | 1.18% | 4,309,428 | $-6,466,520 | Up ×4 | ||
| DG Dollar General Corporation Common Stock | $166,495,439 | 1.12% | 1,254,014 | $17,836,799 | Down ×1 | ||
| FDX FedEx Corporation Common Stock | $159,776,843 | 1.07% | 553,129 | $82,602,597 | Up ×2 | ||
| MS Morgan Stanley Common Stock | $155,724,168 | 1.04% | 877,171 | $13,619,968 | Down ×3 | ||
| MDT Medtronic plc. Ordinary Shares | $152,230,413 | 1.02% | 1,584,743 | $7,439,232 | Up ×3 | ||
| GPN Global Payments Inc. Common Stock | $146,189,018 | 0.98% | 1,888,747 | $9,003,334 | Up ×1 | ||
| AMGN Amgen Inc. - Common Stock | $139,997,688 | 0.94% | 427,722 | $35,556,597 | Up ×1 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $129,364,944 | 0.87% | 756,299 | $1,073,768 | Down ×1 | ||
| DAL Delta Air Lines, Inc. Common Stock | $127,560,739 | 0.86% | 1,838,051 | $16,855,563 | Down ×2 | ||
| AER AerCap Holdings N.V. Ordinary Shares | $125,546,902 | 0.84% | 873,309 | $-15,065,867 | Down ×4 | ||
| MTB M&T Bank Corporation Common Stock | $117,742,091 | 0.79% | 584,386 | $24,608,133 | Up ×4 | ||
| GM General Motors Company Common Stock | $114,904,591 | 0.77% | 1,412,993 | $-61,589,231 | Down ×4 | ||
| CRM Salesforce, Inc. Common Stock | $109,991,162 | 0.74% | 415,202 | $23,408,426 | Up ×2 | ||
| LMT Lockheed Martin Corporation Common Stock | $108,884,758 | 0.73% | 225,122 | $-4,466,863 | Down ×3 | ||
| IBM International Business Machines Corporation Common Stock | $107,919,374 | 0.72% | 364,334 | $-853,588 | Down ×4 | ||
| WTW Willis Towers Watson Public Limited Company - Ordinary Shares | $107,876,423 | 0.72% | 328,291 | $7,785,049 | Up ×1 | ||
| GILD Gilead Sciences, Inc. - Common Stock | $105,740,019 | 0.71% | 861,496 | $27,695,586 | Up ×2 | ||
| LOW Lowe's Companies, Inc. Common Stock | $100,726,021 | 0.68% | 417,673 | $-6,263,683 | Down ×1 | ||
| ON ON Semiconductor Corporation - Common Stock | $100,035,465 | 0.67% | 1,847,377 | $22,505,451 | Up ×3 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $95,343,982 | 0.64% | 905,795 | $88,057,431 | Up ×1 | ||
| EOG EOG Resources, Inc. Common Stock | $93,678,896 | 0.63% | 892,095 | $-2,952,174 | Up ×4 | ||
| KMB Kimberly-Clark Corporation - Common Stock | $93,022,053 | 0.62% | 922,106 | $41,441,629 | Up ×4 | ||
| ADBE Adobe Inc. - Common Stock | $91,962,322 | 0.62% | 262,757 | $15,663,555 | Up ×2 | ||
| TMUS T-Mobile US, Inc. - Common Stock | $89,394,451 | 0.60% | 440,280 | $-14,076,357 | Up ×1 | ||
| HCA HCA Healthcare, Inc. Common Stock | $89,380,814 | 0.60% | 191,451 | $6,064,255 | Down ×1 | ||
| UNP Union Pacific Corporation Common Stock | $88,899,283 | 0.60% | 384,313 | $23,665,890 | Up ×2 | ||
| HON Honeywell International Inc. - Common Stock | $88,286,224 | 0.59% | 452,541 | $10,994,834 | Up ×1 | ||
| CI The Cigna Group Common Stock | $83,043,221 | 0.56% | 301,723 | $28,875,857 | Up ×3 | ||
| MET MetLife, Inc. Common Stock | $82,621,683 | 0.55% | 1,046,639 | $-1,080,322 | Up ×1 | ||
| Unknown issuer (CUSIP: 278768AB2) | $80,948,702 | 0.54% | 24,218,011 | $31,351,477 | Up ×1 | ||
| HUM Humana Inc. Common Stock | $80,388,706 | 0.54% | 313,859 | $18,363,658 | Up ×3 | ||
| ANF Abercrombie & Fitch Company Common Stock | $80,285,928 | 0.54% | 637,848 | $15,570,262 | Down ×1 | ||
| CNQ Canadian Natural Resources Limited Common Stock | $77,406,760 | 0.52% | 2,285,276 | $3,739,308 | Down ×2 | ||
| SRE DBA Sempra Common Stock | $76,787,314 | 0.51% | 869,717 | $-1,652,121 | Down ×1 | ||
| EBAY eBay Inc. - Common Stock | $75,461,959 | 0.51% | 866,383 | $-4,326,657 | Down ×2 | ||
| CB Chubb Limited Common Stock | $72,332,874 | 0.49% | 231,747 | $5,644,537 | Down ×1 | ||
| ICLR ICON plc - Ordinary Shares | $71,680,573 | 0.48% | 399,813 | $10,814,360 | Up ×3 | ||
| NEM Newmont Corporation | $71,193,749 | 0.48% | 713,007 | $9,955,180 | Down ×2 | ||
| PFE Pfizer, Inc. Common Stock | $71,155,361 | 0.48% | 2,857,645 | $30,199,064 | Up ×1 | ||
| PG Procter & Gamble Company (The) Common Stock | $68,974,386 | 0.46% | 481,295 | $31,799,229 | Up ×2 | ||
| VTRS Viatris Inc. - Common Stock | $67,528,501 | 0.45% | 5,423,976 | $23,551,374 | Up ×1 | ||
| MO Altria Group, Inc. | $67,222,969 | 0.45% | 1,165,851 | $-10,901,899 | Down ×1 | ||
| ADM Archer-Daniels-Midland Company Common Stock | $66,762,275 | 0.45% | 1,161,285 | $-3,222,179 | Down ×1 | ||
| XEL Xcel Energy Inc. - Common Stock | $66,653,997 | 0.45% | 902,437 | $-6,885,415 | Down ×2 | ||
| PYPL PayPal Holdings, Inc. - Common Stock | $65,288,339 | 0.44% | 1,118,334 | $-9,254,484 | Up ×1 | ||
| COP ConocoPhillips Common Stock | $64,919,097 | 0.44% | 693,506 | $-920,745 | Down ×1 | ||
| ALL Allstate Corporation (The) Common Stock | $63,795,685 | 0.43% | 306,489 | $9,312,578 | Up ×2 | ||
| EIX Edison International Common Stock | $62,652,417 | 0.42% | 1,043,859 | $4,446,778 | Down ×1 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $62,447,682 | 0.42% | 810,693 | $-88,172,243 | Down ×1 | ||
| NLY Annaly Capital Management Inc. Common Stock | $61,980,690 | 0.42% | 2,771,945 | $-3,193,306 | Down ×2 | ||
| RPRX Royalty Pharma plc - Class A Ordinary Shares | $61,022,297 | 0.41% | 1,579,252 | $7,526,492 | Up ×2 | ||
| SYY Sysco Corporation Common Stock | $59,935,025 | 0.40% | 813,340 | $-6,001,036 | Up ×1 | ||
| FE FirstEnergy Corp. Common Stock | $59,527,266 | 0.40% | 1,329,624 | $-286,116 | Up ×1 | ||
| MMM 3M Company Common Stock | $58,837,390 | 0.39% | 367,504 | $738,153 | Down ×2 | ||
| TRV The Travelers Companies, Inc. Common Stock | $58,262,902 | 0.39% | 200,865 | $1,035,925 | Down ×4 | ||
| SNY Sanofi - American Depositary Shares | $58,179,671 | 0.39% | 1,200,571 | $1,486,241 | Down ×1 | ||
| Unknown issuer (CUSIP: 12685JAG0) | $57,427,521 | 0.39% | 70,351,000 | $-2,792,935 | |||
| SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) | $57,389,129 | 0.38% | 781,017 | $-169,989 | Down ×2 | ||
| PGR Progressive Corporation (The) Common Stock | $57,123,790 | 0.38% | 250,851 | $-6,074,913 | Down ×1 | ||
| DHI D.R. Horton, Inc. Common Stock | $56,389,473 | 0.38% | 391,512 | $4,688,413 | Up ×2 | ||
| BMRN BioMarin Pharmaceutical Inc. - Common Stock | $56,211,687 | 0.38% | 945,847 | $7,141,102 | Up ×1 | ||
| HST Host Hotels & Resorts, Inc. - Common Stock | $56,087,969 | 0.38% | 3,163,450 | $1,759,806 | Down ×1 | ||
| ES Eversource Energy (D/B/A) Common Stock | $55,824,650 | 0.37% | 829,120 | $-548,820 | Up ×1 | ||
| VNT Vontier Corporation Common Stock | $55,609,605 | 0.37% | 1,495,686 | $-2,486,150 | Up ×1 | ||
| DOC Healthpeak Properties, Inc. Common Stock | $55,426,313 | 0.37% | 3,446,910 | $-9,394,599 | Up ×1 | ||
| GSK GSK plc American Depositary Shares (Each representing two Ordinary Shares) | $54,732,906 | 0.37% | 1,116,087 | $5,377,331 | Down ×4 | ||
| RRX Regal Rexnord Corporation Common Stock | $54,363,336 | 0.36% | 387,424 | $-1,754,121 | Down ×2 | ||
| SW Smurfit WestRock plc Ordinary Shares | $53,732,498 | 0.36% | 1,404,000 | Up ×1 | |||
| GD General Dynamics Corporation Common Stock | $53,566,983 | 0.36% | 159,113 | $-1,701,615 | Down ×2 | ||
| MGA Magna International, Inc. Common Stock | $52,398,263 | 0.35% | 982,886 | $5,511,958 | Down ×4 | ||
| AIG American International Group, Inc. New Common Stock | $52,287,732 | 0.35% | 611,195 | $17,063,484 | Up ×2 | ||
| IWD | $51,022,805 | 0.34% | 242,573 | $10,148,041 | Up ×1 | ||
| MIDD The Middleby Corporation - Common Stock | $50,241,391 | 0.34% | 337,939 | $45,274,860 | Up ×4 | ||
| BIDU Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share | $50,210,286 | 0.34% | 384,282 | $208,578 | Up ×2 | ||
| DUK Duke Energy Corporation (Holding Company) Common Stock | $50,046,795 | 0.34% | 426,984 | $-3,829,995 | Down ×1 | ||
| HIG The Hartford Insurance Group, Inc. Common Stock | $48,418,235 | 0.32% | 351,366 | $11,150,936 | Up ×1 | ||
| CAG ConAgra Brands, Inc. Common Stock | $47,340,669 | 0.32% | 2,734,874 | $-2,709,258 | Up ×3 | ||
| CE Celanese Corporation Common Stock | $47,339,140 | 0.32% | 1,119,658 | $86,119 | Down ×2 | ||
| DEO Diageo plc Common Stock | $46,763,052 | 0.31% | 540,879 | Up ×1 | |||
| EL Estee Lauder Companies, Inc. (The) Common Stock | $46,011,664 | 0.31% | 439,378 | $6,927,272 | Down ×2 | ||
| CNH CNH Industrial N.V. Common Shares | $45,744,634 | 0.31% | 4,961,457 | $26,927,327 | Up ×4 | ||
| BK The Bank of New York Mellon Corporation Common Stock | $45,588,543 | 0.31% | 392,700 | $1,974,797 | Down ×4 | ||
| COR Cencora, Inc. Common Stock | $45,181,831 | 0.30% | 133,773 | $2,582,117 | Down ×1 | ||
| TSN Tyson Foods, Inc. Common Stock | $44,412,036 | 0.30% | 757,626 | $2,955,398 | Down ×1 | ||
| SYF Synchrony Financial Common Stock | $43,693,542 | 0.29% | 523,715 | $11,338,225 | Up ×4 | ||
| CSX CSX Corporation - Common Stock | $43,573,044 | 0.29% | 1,202,015 | $-14,758,487 | Down ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| KR | $209,760,543 | 1.41% | up ×3 |
| PEP | $199,759,891 | 1.34% | up ×4 |
| VZ | $175,523,002 | 1.18% | up ×4 |
| MDT | $152,230,413 | 1.02% | up ×3 |
| MTB | $117,742,091 | 0.79% | up ×4 |
| ON | $100,035,465 | 0.67% | up ×3 |
| EOG | $93,678,896 | 0.63% | up ×4 |
| KMB | $93,022,053 | 0.62% | up ×4 |
| CI | $83,043,221 | 0.56% | up ×3 |
| HUM | $80,388,706 | 0.54% | up ×3 |
| ICLR | $71,680,573 | 0.48% | up ×3 |
| MIDD | $50,241,391 | 0.34% | up ×4 |
| CAG | $47,340,669 | 0.32% | up ×3 |
| CNH | $45,744,634 | 0.31% | up ×4 |
| SYF | $43,693,542 | 0.29% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| SW | $53,732,498 | 1,404,000 | 0.36% |
| DEO | $46,763,052 | 540,879 | 0.31% |
| ITW | $30,969,023 | 125,737 | 0.21% |
| FANG | $30,206,709 | 200,936 | 0.20% |
| LNG | $29,074,718 | 149,569 | 0.19% |
| OI | $25,063,676 | 1,698,081 | 0.17% |
| TPR | $18,164,805 | 142,168 | 0.12% |
| REGN | $17,811,672 | 23,076 | 0.12% |
| HAL | $16,577,288 | 586,599 | 0.11% |
| XYZ | $12,344,319 | 189,650 | 0.08% |
| MTH | $10,614,066 | 161,308 | 0.07% |
| AA | $9,634,069 | 181,296 | 0.06% |
| BTU | $8,279,796 | 278,781 | 0.06% |
| THO | $8,124,072 | 79,128 | 0.05% |
| PVH | $7,391,502 | 110,288 | 0.05% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| GS | Bought more | +85K | +$88.8M |
| CSCO | Trimmed | -1.4M | -$88.2M |
| FDX | Bought more | +226K | +$82.6M |
| PEP | Bought more | +414K | +$62.5M |
| GM | Trimmed | -1.5M | -$61.6M |
| CMCSA | Trimmed | -1.4M | -$55.5M |
| XOM | Bought more | +354K | +$55.2M |
| GOOGL | Trimmed | -17K | +$45.2M |
| KMB | Bought more | +507K | +$41.4M |
| JNJ | Trimmed | -3K | +$41.4M |
5 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| UNH | June 30, 2025 | 553,211 | $289,744,261 | 24.2% |
| CAT | Sept. 30, 2025 | 624,360 | $242,382,796 | 72.7% |
| AXP | March 31, 2025 | 497,579 | $147,676,471 | 24.6% |
| ABBV | Dec. 31, 2025 | 496,675 | $115,000,130 | 15.5% |
| PM | March 31, 2025 | 941,466 | $113,305,433 | 19.6% |
| DE | Dec. 31, 2025 | 216,680 | $99,079,097 | 34.0% |
| RTX | March 31, 2025 | 748,685 | $86,637,828 | 60.5% |
| NEE | June 30, 2025 | 921,444 | $65,321,165 | 22.4% |
| MCK | March 31, 2025 | 101,690 | $57,954,148 | 27.3% |
| CRH | Dec. 31, 2025 | 441,772 | $53,290,999 | -24.2% |
| D | June 30, 2025 | 867,062 | $48,616,166 | 19.5% |
| BLDR | June 30, 2025 | 366,394 | $45,777,266 | -39.5% |
| MPC | June 30, 2025 | 299,071 | $43,571,654 | 118.4% |
| NSC | Dec. 31, 2025 | 136,434 | $40,986,138 | 20.5% |
| SIRI | June 30, 2025 | 1,740,601 | $39,241,850 | 25.5% |
| GIS | Sept. 30, 2025 | 734,133 | $38,035,431 | -22.0% |
| APO | Dec. 31, 2025 | 276,854 | $36,896,333 | -9.1% |
| TGT | Sept. 30, 2025 | 353,393 | $34,862,219 | 81.1% |
| LYB | June 30, 2025 | 487,971 | $34,353,158 | 18.2% |
| CHTR | Sept. 30, 2025 | 83,789 | $34,253,781 | -46.5% |
| AZO | March 31, 2025 | 10,158 | $32,525,916 | -22.4% |
| UPS | Sept. 30, 2025 | 314,991 | $31,795,192 | 23.7% |
| COF | June 30, 2025 | 175,090 | $31,393,637 | 2.3% |
| DRI | March 31, 2025 | 164,342 | $30,681,008 | 5.1% |
| LNG | March 31, 2025 | 138,855 | $29,835,774 | 20.8% |
| LHX | Sept. 30, 2025 | 110,761 | $27,783,289 | -11.5% |
| JCI | March 31, 2025 | 326,887 | $25,801,191 | 81.0% |
| OGN | Dec. 31, 2025 | 2,214,334 | $23,649,087 | 91.6% |
| MGM | Dec. 31, 2025 | 675,415 | $23,409,884 | 18.4% |
| DFS | June 30, 2025 | 133,692 | $22,821,224 | No longer tracked |
| NOC | June 30, 2025 | 44,171 | $22,615,994 | 11.9% |
| AMAT | Dec. 31, 2025 | 110,431 | $22,609,643 | 92.3% |
| CAH | Dec. 31, 2025 | 142,524 | $22,370,567 | 12.2% |
| NEU | Sept. 30, 2025 | 31,553 | $21,798,706 | 11.9% |
| HPQ | June 30, 2025 | 776,236 | $21,493,975 | 21.2% |
| IPG | Sept. 30, 2025 | 874,428 | $21,405,997 | No longer tracked |
| SEE | Dec. 31, 2025 | 598,798 | $21,167,509 | No longer tracked |
| DELL | March 31, 2025 | 178,690 | $20,592,236 | 381.9% |
| SCI | March 31, 2025 | 247,231 | $19,733,978 | 4.3% |
| ED | March 31, 2025 | 210,405 | $18,774,438 | -2.3% |
| AMCR | Sept. 30, 2025 | 1,931,359 | $17,749,189 | 17.7% |
| HPE | March 31, 2025 | 817,749 | $17,458,941 | 247.2% |
| NFG | March 31, 2025 | 278,612 | $16,906,176 | 6.1% |
| AL | June 30, 2025 | 329,867 | $15,935,875 | No longer tracked |
| BBY | Sept. 30, 2025 | 234,568 | $15,746,550 | 15.5% |
| TRGP | Dec. 31, 2025 | 92,087 | $15,428,256 | 65.9% |
| CLF | Dec. 31, 2025 | 1,256,507 | $15,329,385 | -12.8% |
| LAUR | Sept. 30, 2025 | 651,886 | $15,241,095 | 18.1% |
| SM | March 31, 2025 | 388,761 | $15,068,376 | 26.2% |
| KBH | June 30, 2025 | 257,364 | $14,957,996 | 3.0% |
| SR | June 30, 2025 | 188,689 | $14,764,914 | 14.3% |
| KVUE | Dec. 31, 2025 | 900,211 | $14,610,425 | 9.8% |
| SLM | March 31, 2025 | 528,792 | $14,584,083 | -10.5% |
| EME | Sept. 30, 2025 | 26,875 | $14,375,169 | 21.6% |
| PSX | March 31, 2025 | 125,732 | $14,324,647 | 96.8% |
| REZI | Sept. 30, 2025 | 639,532 | $14,108,076 | -52.8% |
| HOG | March 31, 2025 | 454,994 | $13,708,969 | 11.9% |
| PFSI | Dec. 31, 2025 | 108,431 | $13,432,432 | -42.3% |
| CG | Dec. 31, 2025 | 212,622 | $13,331,399 | -17.4% |
| RL | Sept. 30, 2025 | 47,672 | $13,075,476 | 20.6% |
| MATX | Sept. 30, 2025 | 115,234 | $12,831,306 | 124.6% |
| TPR | Sept. 30, 2025 | 144,100 | $12,653,421 | 15.4% |
| HBAN | Dec. 31, 2025 | 711,563 | $12,288,693 | -1.1% |
| SIG | March 31, 2025 | 152,092 | $12,275,345 | 41.4% |
| JWN | March 31, 2025 | 505,060 | $12,197,199 | No longer tracked |
| LPLA | June 30, 2025 | 36,515 | $11,945,517 | -4.4% |
| EXPD | Dec. 31, 2025 | 96,058 | $11,775,750 | 26.6% |
| OMC | June 30, 2025 | 138,791 | $11,507,162 | 20.0% |
| MHO | June 30, 2025 | 98,839 | $11,285,437 | 35.6% |
| FSLR | March 31, 2025 | 63,454 | $11,183,133 | 70.0% |
| LBRT | March 31, 2025 | 560,124 | $11,140,866 | 21.8% |
| CEIX | March 31, 2025 | 99,185 | $10,581,056 | No longer tracked |
| BCC | June 30, 2025 | 107,716 | $10,565,862 | -5.4% |
| CTRA | June 30, 2025 | 360,437 | $10,416,629 | No longer tracked |
| HCC | Dec. 31, 2025 | 159,369 | $10,142,243 | 21.9% |
| SLVM | June 30, 2025 | 147,902 | $9,919,787 | -26.3% |
| MOH | Sept. 30, 2025 | 32,747 | $9,755,331 | 3.6% |
| CPAY | Dec. 31, 2025 | 33,855 | $9,752,271 | 38.1% |
| OMF | March 31, 2025 | 186,601 | $9,727,510 | 29.0% |
| DXC | Sept. 30, 2025 | 635,203 | $9,712,254 | -21.8% |
| VAC | Dec. 31, 2025 | 143,543 | $9,554,222 | 91.4% |
| TRMB | March 31, 2025 | 135,099 | $9,546,095 | -9.3% |
| IP | March 31, 2025 | 167,816 | $9,031,857 | -23.4% |
| EVR | June 30, 2025 | 45,136 | $9,014,562 | 8.7% |
| PINC | Sept. 30, 2025 | 398,967 | $8,749,346 | No longer tracked |
| BTU | March 31, 2025 | 412,461 | $8,636,933 | 103.3% |
| OC | Sept. 30, 2025 | 62,421 | $8,584,136 | 4.7% |
| SNEX | June 30, 2025 | 109,159 | $8,337,564 | -25.2% |
| TAP | Dec. 31, 2025 | 180,644 | $8,174,141 | -9.2% |
| NWL | Sept. 30, 2025 | 1,459,797 | $7,882,904 | 11.1% |
| BHF | Dec. 31, 2025 | 147,402 | $7,824,098 | -17.7% |
| APTV | Dec. 31, 2025 | 88,047 | $7,591,412 | -37.2% |
| ENR | Dec. 31, 2025 | 304,045 | $7,567,680 | 6.7% |
| CNXC | Dec. 31, 2025 | 160,173 | $7,391,984 | -39.0% |
| WMK | June 30, 2025 | 94,155 | $7,254,643 | -2.3% |
| KMPR | Dec. 31, 2025 | 136,011 | $7,011,367 | -33.6% |
| DVA | Dec. 31, 2025 | 52,761 | $7,010,354 | 54.5% |
| GMS | June 30, 2025 | 95,555 | $6,991,759 | No longer tracked |
| CCS | June 30, 2025 | 102,866 | $6,902,309 | 24.3% |
| CPB | June 30, 2025 | 171,921 | $6,863,086 | -22.7% |
| FL | March 31, 2025 | 314,101 | $6,834,838 | No longer tracked |
| EMN | Dec. 31, 2025 | 107,958 | $6,806,752 | 16.8% |
| DKS | Sept. 30, 2025 | 34,257 | $6,776,377 | -19.6% |
| KMX | Sept. 30, 2025 | 100,065 | $6,725,369 | 37.3% |
| CXW | June 30, 2025 | 330,754 | $6,710,999 | 59.3% |
| ROIV | Dec. 31, 2025 | 443,469 | $6,709,686 | 70.6% |
| DCI | Dec. 31, 2025 | 81,511 | $6,671,675 | 5.3% |
| TRMB | Sept. 30, 2025 | 86,956 | $6,606,917 | -27.1% |
| CLVT | Dec. 31, 2025 | 1,707,440 | $6,539,495 | -38.5% |
| JEF | Dec. 31, 2025 | 98,801 | $6,463,561 | -15.4% |
| CNR | Sept. 30, 2025 | 91,875 | $6,407,363 | 15.6% |
| VSCO | Sept. 30, 2025 | 345,357 | $6,396,012 | No longer tracked |
| SAIC | March 31, 2025 | 57,164 | $6,374,929 | 13.1% |
| WYNN | Sept. 30, 2025 | 68,038 | $6,373,119 | -21.9% |
| GBX | Sept. 30, 2025 | 137,113 | $6,314,054 | -0.2% |
| PRGO | Dec. 31, 2025 | 280,538 | $6,247,581 | -0.8% |
| HRB | Dec. 31, 2025 | 121,600 | $6,149,312 | 20.4% |
| TTMI | June 30, 2025 | 299,350 | $6,139,669 | 179.0% |
| HEES | March 31, 2025 | 122,745 | $6,009,595 | No longer tracked |
| MBC | June 30, 2025 | 457,431 | $5,974,049 | -16.6% |
| UHALB | Dec. 31, 2025 | 116,436 | $5,926,592 | No longer tracked |
| PNW | March 31, 2025 | 69,014 | $5,850,317 | 4.1% |
| ACM | Sept. 30, 2025 | 48,735 | $5,500,232 | -50.2% |
| LULU | Dec. 31, 2025 | 30,768 | $5,474,550 | -43.3% |
| PVH | March 31, 2025 | 50,485 | $5,338,789 | 20.3% |
| OGE | Dec. 31, 2025 | 114,421 | $5,294,260 | 9.1% |
| CL | Sept. 30, 2025 | 57,660 | $5,241,294 | 12.9% |
| LKQ | Dec. 31, 2025 | 170,523 | $5,207,772 | -13.9% |
| STZ | March 31, 2025 | 23,180 | $5,122,780 | -26.8% |
| ALSN | Sept. 30, 2025 | 52,105 | $4,949,454 | 53.6% |
| NOG | Sept. 30, 2025 | 173,873 | $4,929,300 | 9.0% |
| HLX | March 31, 2025 | 516,206 | $4,811,040 | 26.1% |
| WEX | June 30, 2025 | 30,569 | $4,799,944 | 33.6% |
| ALGT | Dec. 31, 2025 | 77,284 | $4,696,549 | -5.3% |
| STR | Sept. 30, 2025 | 249,052 | $4,577,576 | No longer tracked |
| UVV | March 31, 2025 | 82,706 | $4,535,597 | -19.1% |
| EXP | June 30, 2025 | 19,997 | $4,437,934 | 1.4% |
| LW | Sept. 30, 2025 | 85,151 | $4,415,079 | -8.1% |
| SKX | June 30, 2025 | 77,302 | $4,389,208 | No longer tracked |
| TPC | June 30, 2025 | 188,852 | $4,377,589 | 95.0% |
| GIII | June 30, 2025 | 160,000 | $4,376,000 | 51.0% |
| RUSHA | March 31, 2025 | 79,494 | $4,355,476 | 45.5% |
| TTC | June 30, 2025 | 59,735 | $4,345,721 | 38.1% |
| NFE | Sept. 30, 2025 | 1,259,196 | $4,180,531 | -86.6% |
| UGI | March 31, 2025 | 146,781 | $4,143,628 | 14.8% |
| MHK | June 30, 2025 | 36,254 | $4,139,482 | 29.2% |
| BERY | June 30, 2025 | 59,019 | $4,120,116 | No longer tracked |
| CLX | Dec. 31, 2025 | 33,119 | $4,083,573 | 4.6% |
| RHI | Sept. 30, 2025 | 98,281 | $4,034,435 | 29.7% |
| CBT | March 31, 2025 | 42,651 | $3,894,463 | 2.6% |
| GPK | Sept. 30, 2025 | 184,575 | $3,888,995 | -40.3% |
| VSH | Dec. 31, 2025 | 252,046 | $3,856,304 | 118.4% |
| AXTA | Sept. 30, 2025 | 128,960 | $3,828,822 | 26.5% |
| BLBD | March 31, 2025 | 98,798 | $3,816,567 | 92.6% |
| GNTX | March 31, 2025 | 131,323 | $3,772,910 | 2.9% |
| MRC | March 31, 2025 | 289,352 | $3,697,919 | No longer tracked |
| FLR | Sept. 30, 2025 | 71,951 | $3,688,928 | 25.7% |
| LNC | March 31, 2025 | 115,562 | $3,664,471 | 18.9% |
| UFPI | Sept. 30, 2025 | 35,993 | $3,576,264 | -5.0% |
| UPBD | Dec. 31, 2025 | 149,476 | $3,532,118 | 7.2% |
| PLAB | Dec. 31, 2025 | 152,743 | $3,505,452 | -4.0% |
| WGO | March 31, 2025 | 73,328 | $3,503,612 | -5.6% |
| DNOW | June 30, 2025 | 204,507 | $3,492,980 | 4.9% |
| BIO | June 30, 2025 | 14,234 | $3,466,833 | 54.9% |
| URBN | March 31, 2025 | 62,567 | $3,433,677 | 43.6% |
| MTN | Dec. 31, 2025 | 22,490 | $3,363,829 | 14.3% |
| BJ | March 31, 2025 | 37,362 | $3,338,295 | -16.1% |
| AMKR | March 31, 2025 | 127,792 | $3,282,976 | 181.9% |
| SBH | June 30, 2025 | 358,950 | $3,241,319 | 77.8% |
| XP | Sept. 30, 2025 | 155,170 | $3,134,434 | -12.4% |
| SXC | Sept. 30, 2025 | 364,161 | $3,128,143 | 20.6% |
| FCX | Dec. 31, 2025 | 78,973 | $3,097,321 | 51.8% |
| SCS | Sept. 30, 2025 | 295,190 | $3,078,832 | No longer tracked |
| WU | Sept. 30, 2025 | 365,490 | $3,077,426 | -8.8% |
| MLKN | Dec. 31, 2025 | 172,274 | $3,056,141 | 25.5% |
| HCI | June 30, 2025 | 20,313 | $3,031,309 | 20.1% |
| BBW | Sept. 30, 2025 | 58,694 | $3,026,263 | -40.2% |
| TLN | Sept. 30, 2025 | 10,123 | $2,943,465 | -25.8% |
| DFH | June 30, 2025 | 130,112 | $2,935,327 | -41.2% |
| EXC | June 30, 2025 | 62,380 | $2,874,470 | 3.3% |
| ASIX | Sept. 30, 2025 | 116,740 | $2,772,575 | -9.6% |
| SCVL | March 31, 2025 | 83,160 | $2,750,933 | No longer tracked |
| GTLS | March 31, 2025 | 14,222 | $2,714,126 | No longer tracked |
| EMBC | June 30, 2025 | 211,797 | $2,700,412 | -45.4% |
| BELFB | March 31, 2025 | 32,105 | $2,647,699 | 252.7% |
| DTM | March 31, 2025 | 26,319 | $2,616,898 | 34.6% |
| BMBL | Dec. 31, 2025 | 428,390 | $2,608,895 | -22.4% |
| SNCY | Dec. 31, 2025 | 220,530 | $2,604,459 | No longer tracked |
| HSII | June 30, 2025 | 59,337 | $2,541,404 | No longer tracked |
| SPTN | June 30, 2025 | 122,880 | $2,489,549 | No longer tracked |
| REX | March 31, 2025 | 59,530 | $2,481,806 | 139.6% |
| REPX | Dec. 31, 2025 | 91,360 | $2,476,770 | No longer tracked |
| KLG | Sept. 30, 2025 | 151,842 | $2,420,361 | No longer tracked |
| SAIC | Dec. 31, 2025 | 24,342 | $2,418,865 | 26.2% |
| AOSL | June 30, 2025 | 94,783 | $2,356,305 | 2.5% |
| HTLD | Sept. 30, 2025 | 271,390 | $2,344,810 | 51.4% |
| FBMS | June 30, 2025 | 69,165 | $2,338,469 | No longer tracked |
| DFH | Dec. 31, 2025 | 89,250 | $2,313,360 | -13.7% |
| NTGR | June 30, 2025 | 93,740 | $2,292,880 | -27.1% |
| PUMP | June 30, 2025 | 302,750 | $2,225,213 | 90.1% |
| PRA | Sept. 30, 2025 | 96,330 | $2,199,214 | No longer tracked |
| HZO | March 31, 2025 | 75,010 | $2,171,540 | 143.2% |
| NIC | Sept. 30, 2025 | 17,269 | $2,132,376 | 28.6% |
| BAX | March 31, 2025 | 73,053 | $2,130,225 | -23.5% |
| LNWO | Dec. 31, 2025 | 24,985 | $2,097,241 | No longer tracked |
| BZH | June 30, 2025 | 102,172 | $2,083,287 | 48.4% |
| ULH | March 31, 2025 | 45,293 | $2,080,760 | -24.2% |
| EIDO | June 30, 2025 | 125,280 | $2,042,064 | No longer tracked |
| LEGH | Dec. 31, 2025 | 73,260 | $2,015,383 | 47.0% |
| KODK | Sept. 30, 2025 | 352,480 | $1,991,512 | 52.0% |
| DCO | June 30, 2025 | 33,960 | $1,970,699 | 132.1% |
| BXC | June 30, 2025 | 25,673 | $1,924,962 | 13.8% |
| CHX | March 31, 2025 | 70,788 | $1,924,726 | No longer tracked |
| ASLE | Dec. 31, 2025 | 223,770 | $1,832,676 | -21.5% |
| REYN | Sept. 30, 2025 | 84,625 | $1,812,668 | 4.3% |
| MLR | Sept. 30, 2025 | 39,640 | $1,762,394 | 41.2% |
| CFB | March 31, 2025 | 114,270 | $1,731,191 | No longer tracked |
| MCY | June 30, 2025 | 30,198 | $1,688,068 | 55.0% |
| COLB | Sept. 30, 2025 | 70,822 | $1,655,818 | 20.5% |
| WEX | Dec. 31, 2025 | 10,180 | $1,603,655 | 31.7% |
| PRAA | June 30, 2025 | 77,236 | $1,592,606 | 32.1% |
| XPER | Sept. 30, 2025 | 198,700 | $1,571,717 | -4.8% |
| CACC | Dec. 31, 2025 | 3,315 | $1,547,873 | 36.3% |
| DDS | March 31, 2025 | 3,573 | $1,542,607 | 69.0% |
| EGY | March 31, 2025 | 351,550 | $1,536,274 | 58.0% |
| GDOT | Dec. 31, 2025 | 111,610 | $1,498,922 | 4.1% |
| MCS | Sept. 30, 2025 | 86,640 | $1,460,750 | 88.5% |
| AMAL | Dec. 31, 2025 | 52,685 | $1,430,398 | 53.8% |
| AAMI | Sept. 30, 2025 | 40,431 | $1,424,788 | 90.6% |
| ACCO | June 30, 2025 | 337,979 | $1,416,132 | 17.9% |
| CLW | Dec. 31, 2025 | 67,520 | $1,401,715 | 24.7% |
| RYAM | June 30, 2025 | 240,080 | $1,380,460 | 126.8% |
| PPBI | Sept. 30, 2025 | 65,095 | $1,372,854 | No longer tracked |
| CMC | March 31, 2025 | 25,212 | $1,250,515 | 46.9% |
| GCO | Dec. 31, 2025 | 37,460 | $1,085,965 | 41.0% |
| KELYA | Dec. 31, 2025 | 81,030 | $1,063,114 | 89.3% |
| USNA | Dec. 31, 2025 | 37,910 | $1,044,421 | -32.8% |
| PKOH | June 30, 2025 | 46,500 | $1,004,400 | 157.1% |
| VBTX | Sept. 30, 2025 | 36,926 | $963,769 | No longer tracked |
| FBIN | Sept. 30, 2025 | 17,425 | $897,039 | -15.5% |
| MSBI | Sept. 30, 2025 | 46,977 | $813,642 | 90.0% |
| BG | Sept. 30, 2025 | 10,134 | $813,558 | 44.7% |
| CRMT | Sept. 30, 2025 | 14,410 | $807,536 | -90.1% |
| WSC | March 31, 2025 | 22,405 | $749,447 | -20.3% |
| FLWS | March 31, 2025 | 89,720 | $733,012 | -31.9% |
| BTMD | March 31, 2025 | 89,807 | $555,007 | -55.1% |
| EWY | March 31, 2025 | 10,300 | $524,167 | No longer tracked |
| UHAL | Dec. 31, 2025 | 9,027 | $515,171 | 42.6% |
| IWN | March 31, 2025 | 3,060 | $502,360 | No longer tracked |
| SRPT | Sept. 30, 2025 | 24,203 | $413,871 | 1.5% |
| MOFG | Dec. 31, 2025 | 10,610 | $300,157 | No longer tracked |
| JILL | March 31, 2025 | 10,177 | $281,089 | 6.2% |
| BRKB | June 30, 2025 | 524 | $279,072 | No longer tracked |
| DBD | Sept. 30, 2025 | 4,834 | $267,804 | 19.4% |
| ALK | March 31, 2025 | 3,762 | $243,590 | -17.5% |
| IBEX | March 31, 2025 | 11,285 | $242,515 | 47.8% |
| APEI | June 30, 2025 | 10,450 | $233,244 | 45.2% |
| ATNI | June 30, 2025 | 11,480 | $233,159 | 91.2% |
| EGY | Dec. 31, 2025 | 53,270 | $214,145 | 63.2% |
| JAKK | June 30, 2025 | 8,480 | $209,202 | 22.3% |
| DCGO | June 30, 2025 | 77,269 | $203,990 | -72.4% |
| BSRR | March 31, 2025 | 6,992 | $202,209 | 42.8% |
| ZUMZ | June 30, 2025 | 11,360 | $169,150 | 35.7% |
| AMPY | March 31, 2025 | 26,870 | $161,220 | 31.8% |
| IMMR | March 31, 2025 | 14,990 | $130,863 | 1.3% |
| MEI | Sept. 30, 2025 | 13,170 | $125,247 | 92.6% |
| RMAX | June 30, 2025 | 14,370 | $120,277 | 71.9% |
| ACTG | June 30, 2025 | 27,197 | $87,030 | 26.5% |
| ARQ | June 30, 2025 | 16,050 | $66,929 | -56.6% |
| LDI | March 31, 2025 | 20,983 | $42,805 | -26.6% |
| SATS | June 30, 2025 | 789 | $20,183 | No longer tracked |