Brandywine Global Investment Management, LLC

All holdings · as of Dec 31, 2025

Company	Class	Value ↓	Shares	% of portfolio
JPMORGAN CHASE & CO	—	$443.02M	1,374,890	3.0%
JOHNSON & JOHNSON	—	$403.78M	1,951,088	2.7%
BANK OF AMERICA CORP /DE	—	$328.49M	5,972,520	2.2%
WELLS FARGO & COMPANY/MN	—	$319.02M	3,422,909	2.1%
CITIGROUP INC	—	$314.65M	2,696,496	2.1%
AT&T INC.	—	$303.77M	12,229,088	2.0%
EXXON MOBIL CORP	—	$241.79M	2,009,194	1.6%
THE GOLDMAN SACHS GROUP, INC.	—	$226.41M	257,578	1.5%
Alphabet Inc.	—	$220.55M	704,629	1.5%
CVS HEALTH Corp	—	$216.10M	2,723,074	1.4%
KROGER CO	—	$209.76M	3,357,243	1.4%
Comcast Corp.	—	$208.49M	6,975,368	1.4%
PEPSICO INC	—	$199.76M	1,391,861	1.3%
Walt Disney Co	—	$195.35M	1,717,034	1.3%
VERIZON COMMUNICATIONS INC	—	$175.52M	4,309,428	1.2%
DOLLAR GENERAL CORP	—	$166.50M	1,254,014	1.1%
FedEx Corp	—	$159.78M	553,129	1.1%
Morgan Stanley	—	$155.72M	877,171	1.0%
Medtronic plc	—	$152.23M	1,584,743	1.0%
Global Payments Inc	—	$146.19M	1,888,747	1.0%
AMGEN INC	—	$140.00M	427,722	0.9%
QUALCOMM INC/DE	—	$129.36M	756,299	0.9%
DELTA AIR LINES, INC.	—	$127.56M	1,838,051	0.9%
AerCap Holdings N.V.	—	$125.55M	873,309	0.8%
M&T BANK CORP	—	$117.74M	584,386	0.8%
General Motors Co	—	$114.90M	1,412,993	0.8%
Salesforce Inc	—	$109.99M	415,202	0.7%
LOCKHEED MARTIN CORP	—	$108.88M	225,122	0.7%
INTERNATIONAL BUSINESS MACHINES CORP	—	$107.92M	364,334	0.7%
Willis Towers Watson PLC	—	$107.88M	328,291	0.7%
GILEAD SCIENCES, INC.	—	$105.74M	861,496	0.7%
LOWES COMPANIES INC	—	$100.73M	417,673	0.7%
ON Semiconductor Corp	—	$100.04M	1,847,377	0.7%
Merck & Co., Inc.	—	$95.34M	905,795	0.6%
EOG RESOURCES INC	—	$93.68M	892,095	0.6%
KIMBERLY CLARK CORP	—	$93.02M	922,106	0.6%
ADOBE INC.	—	$91.96M	262,757	0.6%
T-Mobile US, Inc.TMUS	Common Stock	$89.39M	440,280	0.6%
HCA Healthcare, Inc.	—	$89.38M	191,451	0.6%
Union Pacific Corp	—	$88.90M	384,313	0.6%
HONEYWELL INTERNATIONAL INC	—	$88.29M	452,541	0.6%
Cigna Group	—	$83.04M	301,723	0.6%
MetLife Inc	—	$82.62M	1,046,639	0.6%
ECHOSTAR CORP	—	$80.95M	24,218,011	0.5%
HUMANA INC	—	$80.39M	313,859	0.5%
Abercrombie & Fitch Co	—	$80.29M	637,848	0.5%
CANADIAN NAT RES LTD	—	$77.41M	2,285,276	0.5%
Sempra	—	$76.79M	869,717	0.5%
EBAY INC	—	$75.46M	866,383	0.5%
Chubb Ltd	—	$72.33M	231,747	0.5%