SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Brandywine Global Investment Management, LLC

CIK 0000829108 · 1735 MARKET STREET, SUITE 1800, PHILADELPHIA, PA, 19103 · 215-609-3500

Reported Value
$13.7B
Q1 2022
Positions
712
Filings on Record
30
2019–present window
Filed
May 13, 2022
original filing

Summary

Brandywine Global Investment Management, LLC reported $13.7B in U.S.-listed holdings across 712 positions for Q1 2022.

Its largest position, JNJ, represents 3.2% of the portfolio.

Compared with Q4 2021, the fund opened 77 new positions and exited 60.

Portfolio Metrics

Turnover
+11.6%
vs prior filed quarter
Top-10 Concentration
+18.6%
share of reported value
Largest Position
+3.2%
Johnson Johnson
New / Exited
77 / 60
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $13.5BQ4 ’18Q1 ’19: $14.5BQ2 ’19: $14.5BQ3 ’19: $13.6BQ4 ’19: $14.2BQ4 ’19Q1 ’20: $8.4BQ2 ’20: $9.8BQ3 ’20: $10.2BQ4 ’20: $12.0BQ4 ’20Q1 ’21: $13.3BQ2 ’21: $13.5BQ3 ’21: $13.2BQ4 ’21: $14.0BQ4 ’21Q1 ’22: $13.7BQ2 ’22: $11.5BQ3 ’22: $10.7BQ4 ’22: $12.8BQ4 ’22Q1 ’23: $24.8BQ2 ’23: $12.0BQ3 ’23: $11.4BQ4 ’23: $12.4BQ4 ’23Q1 ’24: $13.8BQ2 ’24: $13.4BQ3 ’24: $15.0BQ4 ’24: $13.8BQ4 ’24Q1 ’25: $13.9BQ2 ’25: $14.2BQ3 ’25: $14.6BQ4 ’25: $14.9BQ4 ’25filingsflow.com

Portfolio Composition

By security type
Common Stock: 91.2%Other: 5.3%US DOMESTIC: 1.4%ADR: 1.2%ETP: 0.5%Other: 0.4%
  • Common Stock · 91.2% · $12.5B
  • Other · 5.3% · $725M
  • US DOMESTIC · 1.4% · $185M
  • ADR · 1.2% · $161M
  • ETP · 0.5% · $72M
  • Other · 0.4% · $58M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
QCOMQUALCOMM INCNEW+408.9K408.9K+$62M$62M
BKNGBOOKING HOLDINGS INCNEW+19.0K19.0K+$45M$45M
RGAREINSURANCE GRP OF AMERICA INEW+400.2K400.2K+$44M$44M
DALDELTA AIR LINES INC DELNEW+992.5K992.5K+$39M$39M
SHELSHELL PLCNEW+706.6K706.6K+$39M$39M
FCXFREEPORT-MCMORAN INCNEW+526.3K526.3K+$26M$26M
ALVAUTOLIV INCNEW+328.5K328.5K+$25M$25M
HAEMONETICS CORP MASSNEW+29.52M29.52M+$25M$25M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JNJJOHNSON & JOHNSONhistory →COM3.15%$431M2.43M
2JPMJPMORGAN CHASE & COhistory →COM2.73%$373M2.74M
3BACBK OF AMERICA CORPhistory →COM2.59%$354M8.58M
4EXMOCEXXON MOBIL CORPhistory →COM1.89%$259M3.14M
5ORCLORACLE CORPhistory →COM1.79%$245M2.97M
6ABBVABBVIE INChistory →COM1.48%$202M1.25M
7CVSCVS HEALTH CORPhistory →COM1.31%$179M1.77M
8CSCOCISCO SYS INChistory →COM1.27%$174M3.12M
9TRVCCITIGROUP INChistory →COM NEW1.23%$168M3.14M
10CMCSACOMCAST CORP NEWhistory →CL A1.19%$163M3.49M
11NEMNEWMONT CORPhistory →COM1.18%$161M2.02M
12MRKMERCK & CO INChistory →COM1.15%$157M1.91M
13LMTLOCKHEED MARTIN CORPhistory →COM1.12%$153M346.2K
14ELVANTHEM INChistory →COM1.07%$146M297.4K
15LOWLOWES COS INChistory →COM1.03%$141M695.8K
16CHVCHEVRON CORP NEWhistory →COM1.00%$137M843.5K
17BMYBRISTOL-MYERS SQUIBB COhistory →COM0.98%$134M1.83M
18BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.91%$124M351.9K
19TMUST-MOBILE US INChistory →COM0.90%$123M958.9K
20GSGOLDMAN SACHS GROUP INChistory →COM0.89%$121M368.0K
21AXPAMERICAN EXPRESS COhistory →COM0.80%$110M587.6K
22UPSUNITED PARCEL SERVICE INChistory →CL B0.80%$109M509.0K
234I1PHILIP MORRIS INTL INChistory →COM0.79%$108M1.15M
24CICIGNA CORP NEWhistory →COM0.78%$107M445.9K
25DYHTARGET CORPhistory →COM0.74%$101M475.9K
26WFCWELLS FARGO CO NEWhistory →COM0.71%$97M2.01M
27DWDPEURDUPONT DE NEMOURS INChistory →COM0.71%$97M1.31M
28DEDEERE & COhistory →COM0.70%$95M229.7K
29DISH NETWORK CORPORATIONNOTE 3.375% 8/10.67%$92M101.84M
30METAMETA PLATFORMS INChistory →CL A0.67%$91M409.5K
31WILLIS TOWERS WATSON PLC LTDSHS0.65%$89M374.8K
32KRKROGER COhistory →COM0.64%$87M1.52M
33EIXEDISON INTLhistory →COM0.60%$82M1.17M
34TERTERADYNE INChistory →COM0.59%$81M686.7K
35IBMINTERNATIONAL BUSINESS MACHShistory →COM0.59%$81M623.7K
36HCAHCA HEALTHCARE INChistory →COM0.59%$81M321.9K
37MUMICRON TECHNOLOGY INChistory →COM0.59%$81M1.04M
38NUENUCOR CORPhistory →COM0.58%$79M531.1K
39USBUS BANCORP DELhistory →COM NEW0.58%$79M1.48M
40CHUBB LIMITEDCOM0.57%$77M361.6K
41FDXFEDEX CORPhistory →COM0.57%$77M334.1K
42FEFIRSTENERGY CORPhistory →COM0.56%$77M1.68M
43PHMPULTE GROUP INChistory →COM0.56%$76M1.82M
44VNTVONTIER CORPORATIONhistory →COM0.52%$71M2.81M
45MOALTRIA GROUP INChistory →COM0.52%$71M1.36M
46NINISOURCE INChistory →COM0.49%$67M2.11M
47EOGEOG RES INChistory →COM0.48%$66M554.3K
48SOSOUTHERN COhistory →COM0.48%$66M908.2K
49GDGENERAL DYNAMICS CORPhistory →COM0.48%$66M272.5K
50DDOMINION ENERGY INChistory →COM0.48%$66M773.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2025$14.9B601Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$14.6B598Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$14.2B572Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$13.9B558May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$13.8B557Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$15.0B669Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$13.4B686Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$13.8B696May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$12.4B684Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$11.4B686Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$12.0B694Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023REVEALED$24.8B1,406May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$12.8B719Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$10.7B731Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$11.5B719Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$13.7B712May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$14.0B695Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$13.2B676Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$13.5B681Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$13.3B671May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$12.0B627Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$10.2B589Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$9.8B743Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$8.4B792May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$14.2B814Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$13.6B825Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$14.5B821Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$14.5B842May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$13.5B825Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • FRANKLIN RESOURCES INC028-00734

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.