Cooke & Bieler LP

Name: COOKE & BIELER LP 13F holdings, Q1 2025
Creator: COOKE & BIELER LP
Published: 2025-05-02

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Cooke & Bieler LP reported 102 stock positions worth $10.0 billion. Its top holding was Fidelity National Financial (FNF) at 3.5% of the portfolio, followed by Gildan Activewear (GIL, 3.3%) and RB Global (RBA, 3.1%). Compared with Q4 2024, it opened 6 new positions, sold out of 3, added to 30 and reduced 60. The biggest buy was a new position in Carlisle Cos (CSL) and the biggest sale an exit from Gentex (GNTX).

Most Recent 13F: Q2 2026
Location: PHILADELPHIA, PA
CIK: 0000024386
Portfolio Value: $10.0B (Q1 2025)
SEC Filing: 0000024386-25-000003 ↗ filed May 2, 2025

Holdings Value

Holdings 102 stocks · $10.0B


FNF Fidelity National Financial	3.47%	5,333,640	$347.1M	Reduce -2.5%
GIL Gildan Activewear Inc.	3.27%	7,400,676	$327.3M	Reduce -21.0%
RBA RB Global Inc.	3.07%	3,060,424	$307.0M	Reduce -2.7%
RNR Renaissancere Holdings Ltd.	3.00%	1,247,742	$299.5M	Add +18.0%
CCI Crown Castle Inc.	2.94%	2,819,836	$293.9M	Reduce -0.7%
AER Aercap Holdings NV	2.94%	2,872,119	$293.4M	Reduce -2.1%
BDX Becton Dickinson and Co.	2.31%	1,007,087	$230.7M	Add +0.1%
TEL Te Connectivity PLC	2.23%	1,575,626	$222.7M	Reduce -1.1%
WWD Woodward Inc.	2.13%	1,164,267	$212.5M	Reduce -14.1%
STT State Street Corp.	2.06%	2,298,376	$205.8M	Reduce -18.4%
BN Brookfield Corp.	2.01%	3,828,883	$200.7M	Reduce -0.6%
OMC Omnicom Group	1.98%	2,390,181	$198.2M	Reduce -2.5%
LH Labcorp Holdings Inc.	1.94%	833,215	$193.9M	Reduce -1.8%
COP Conocophillips	1.92%	1,824,120	$191.6M	Add +3.6%
SCHW Schwab (charles) Corp.	1.89%	2,412,315	$188.8M	Reduce -11.9%
ARW Arrow Electronics Inc.	1.84%	1,766,860	$183.5M	Reduce -1.0%
WMG Warner Music Group Corp. Class A	1.80%	5,751,655	$180.3M	Reduce -2.4%
PM Philip Morris International	1.73%	1,090,977	$173.2M	Reduce -20.8%
CB Chubb Ltd.	1.67%	552,174	$166.8M	Reduce -11.1%
LKQ LKQ Corp.	1.60%	3,766,493	$160.2M	Reduce -2.8%
UNH Unitedhealth Group Inc.	1.60%	305,409	$160.0M	Add +23.5%
OTEX Open Text Corp.	1.54%	6,105,134	$154.2M	Reduce -3.2%
OXY Occidental Petroleum Corp.	1.51%	3,051,713	$150.6M	Add +3.1%
TFX Teleflex Inc.	1.46%	1,057,528	$146.1M	Reduce -1.9%
ATO Atmos Energy Corp.	1.43%	924,937	$143.0M	Reduce -18.6%
APG Api Group Corp.	1.41%	3,929,647	$140.5M	Reduce -2.3%
KMX Carmax Inc.	1.38%	1,769,252	$137.9M	Reduce -3.2%
XRAY Dentsply Sirona Inc.	1.37%	9,157,303	$136.8M	Reduce -0.2%
KHC The Kraft Heinz Co.	1.37%	4,491,383	$136.7M	Add +4.0%
JNJ Johnson & Johnson	1.34%	805,746	$133.6M	Reduce -0.7%
GBCI Glacier Bancorp Inc.	1.33%	3,012,906	$133.2M	Reduce -3.6%
HAS Hasbro Inc.	1.33%	2,165,659	$133.2M	Reduce -1.1%
PPG PPG Industries Inc.	1.24%	1,131,399	$123.7M	Add +25.3%
ESNT Essent Group Ltd.	1.21%	2,099,728	$121.2M	Reduce -5.8%
VZ Verizon Communications Inc.	1.20%	2,651,054	$120.3M	Reduce -1.0%
CBRE CBRE Group Inc. Class A	1.12%	853,492	$111.6M	Reduce -1.2%
SWK Stanley Black & Decker Inc.	1.09%	1,415,903	$108.9M	Reduce -3.2%
FLO Flowers Foods Inc.	1.07%	5,612,523	$106.7M	Add +2.9%
INGR Ingredion Inc.	1.06%	783,256	$105.9M	Reduce -1.0%
WTM White Mountains Insurance GP	1.05%	54,652	$105.2M	Add +60.4%
MSA Msa Safety Inc.	1.04%	711,444	$104.4M	Add +9.2%
PRGO Perrigo Co. PLC	0.99%	3,540,461	$99.3M	Reduce -0.9%
MDT Medtronic PLC	0.98%	1,085,734	$97.6M	Reduce -1.1%
BAM Brookfield Asset Mgmt-A	0.91%	1,879,902	$91.1M	Reduce -4.7%
AEO American Eagle Outfitters	0.91%	7,791,193	$90.5M	Add +29.9%
ESAB Esab Corp.	0.90%	772,551	$90.0M	Reduce -10.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.89%	901,141	$88.9M	Add +37.3%
HBI Hanesbrands Inc.	0.89%	15,400,840	$88.9M	Reduce -0.6%
MKSI MKS Inc. filed as MKS INSTRS INC	0.83%	1,038,945	$83.3M	Add +18.5%
RHP Ryman Hospitality Properties	0.83%	902,874	$82.6M	Add +25.9%
EOG EOG Resources Inc.	0.80%	623,504	$80.0M	Reduce -0.3%
CSL Carlisle Cos Inc.	0.74%	217,605	$74.1M	New
AWI Armstrong World Industries	0.69%	489,740	$69.0M	Reduce -2.0%
WGO Winnebago Industries	0.67%	1,931,424	$66.6M	Reduce -1.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.64%	1,528,007	$63.8M	Reduce -1.4%
MKL Markel Group Inc.	0.64%	34,031	$63.6M	Reduce -37.4%
CRL Charles River Laboratories	0.63%	419,637	$63.2M	Reduce -1.7%
UL Unilever PLC	0.62%	1,044,982	$62.2M	Reduce -1.1%
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP	0.61%	1,265,254	$61.1M	Add +5.3%
CBSH Commerce Bancshares Inc.	0.59%	955,548	$59.5M	Add +6.3%
TGLS Tecnoglass Holdings Inc.	0.57%	797,882	$57.1M	Add +1.6%
BAX Baxter International Inc.	0.54%	1,579,950	$54.1M	Reduce -1.9%
COLB Columbia Banking System Inc.	0.54%	2,150,641	$53.6M	Add +6.5%
JBI Janus International Group Inc.	0.53%	7,355,963	$53.0M	Reduce -2.6%
AMWD American Woodmark Corp.	0.53%	892,201	$52.5M	Reduce -0.8%
DFH Dream Finders Homes Inc. Class A	0.49%	2,179,090	$49.2M	Reduce -0.8%
MTB M & T Bank Corp. filed as M & T BK CORP	0.48%	270,060	$48.3M	Add +21.4%
EPAC Enerpac Tool Group Corp.	0.47%	1,056,584	$47.4M	Reduce -2.9%
HCA HCA Healthcare Inc.	0.47%	136,138	$47.0M	Reduce -1.0%
AESI Atlas Energy Solutions Inc.	0.46%	2,600,093	$46.4M	Add +2.3%
WSFS WSFS Financial Corp.	0.46%	892,286	$46.3M	Add +14.0%
BRK.B Berkshire Hathaway Inc. Class B	0.45%	85,285	$45.4M	Reduce -44.6%
C Citigroup Inc.	0.45%	634,166	$45.0M	Reduce -0.3%
JPM JPMorgan Chase & Co.	0.43%	177,028	$43.4M	Reduce -22.8%
CNMD Conmed Corp.	0.42%	702,623	$42.4M	Add +5.8%
MBUU Malibu Boats Inc. Class A	0.42%	1,366,003	$41.9M	Add +1.7%
SCS Steelcase Inc. Class A	0.40%	3,651,227	$40.0M	Reduce -2.8%
ITGR Integer Holdings Corp.	0.37%	317,393	$37.5M	Add +6.3%
FUL H.B. Fuller Co. filed as FULLER H B CO	0.37%	656,270	$36.8M	New
GTES Gates Industrial Corp. UK Ltd.	0.35%	1,925,486	$35.4M	Reduce -39.6%
ALLE Allegion PLC	0.33%	249,264	$32.5M	New
RUSHA Rush Enterprises Inc. Class A	0.33%	608,137	$32.5M	Reduce -35.4%
BV Brightview Holdings Inc.	0.32%	2,515,610	$32.3M	Add +38.2%
STC Stewart Information Services	0.32%	449,672	$32.1M	Add +5.8%
AME Ametek Inc.	0.25%	146,973	$25.3M	Reduce -32.3%
BUR Burford Capital Ltd.	0.25%	1,874,424	$24.8M	New
VREX Varex Imaging Corp.	0.25%	2,122,683	$24.6M	Add +18.7%
LYV Live Nation Entertainment Inc.	0.21%	160,110	$20.9M	Reduce -43.4%
TKR Timken Co.	0.18%	251,020	$18.0M	New
GRC Gorman-Rupp Co.	0.17%	481,965	$16.9M	Add +8.5%
BOOM DMC Global Inc.	0.17%	1,963,653	$16.5M	Add +12.0%
WFRD Weatherford International PL	0.15%	284,550	$15.2M	Add +15.1%
NXPI NXP Semiconductors NV	0.10%	51,505	$9.8M	New
GOOGL Alphabet Inc. Class A	0.01%	8,114	$1.3M	No change
RS Reliance Inc.	0.01%	2,000	$578K	No change
EMR Emerson Electric Co.	0.01%	5,000	$548K	No change
KVUE Kenvue Inc.	0.00%	15,993	$384K	Reduce -99.4%
ITW Illinois Tool Works	0.00%	1,500	$372K	No change
SRI Stoneridge Inc.	0.00%	77,847	$357K	Reduce -94.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.00%	2,500	$305K	No change
GIS General Mills Inc.	0.00%	5,000	$299K	Reduce -66.0%
GOOG Alphabet Inc. Class C	0.00%	1,600	$250K	No change

Portfolio Sells Q4 2024 → Q1 2025


GNTX Gentex Corp.	Sold out	0.00%	−1.04
GIL Gildan Activewear Inc.	Reduce -21.0%	3.27%	−0.97
STT State Street Corp.	Reduce -18.4%	2.06%	−0.61
KVUE Kenvue Inc.	Reduce -99.4%	0.00%	−0.55
TFX Teleflex Inc.	Reduce -1.9%	1.46%	−0.39
HBI Hanesbrands Inc.	Reduce -0.6%	0.89%	−0.33
XRAY Dentsply Sirona Inc.	Reduce -0.2%	1.37%	−0.31
GTES Gates Industrial Corp. UK Ltd.	Reduce -39.6%	0.35%	−0.28
MKL Markel Group Inc.	Reduce -37.4%	0.64%	−0.27
WGO Winnebago Industries	Reduce -1.8%	0.67%	−0.24
HEES H&E Equipment Services Inc.	Sold out	0.00%	−0.22
BRK.B Berkshire Hathaway Inc. Class B	Reduce -44.6%	0.45%	−0.22
GBCI Glacier Bancorp Inc.	Reduce -3.6%	1.33%	−0.18
OTEX Open Text Corp.	Reduce -3.2%	1.54%	−0.18
RUSHA Rush Enterprises Inc. Class A	Reduce -35.4%	0.33%	−0.17
AMWD American Woodmark Corp.	Reduce -0.8%	0.53%	−0.16
LYV Live Nation Entertainment Inc.	Reduce -43.4%	0.21%	−0.14
CRL Charles River Laboratories	Reduce -1.7%	0.63%	−0.13
BN Brookfield Corp.	Reduce -0.6%	2.01%	−0.12
AME Ametek Inc.	Reduce -32.3%	0.25%	−0.12
BAM Brookfield Asset Mgmt-A	Reduce -4.7%	0.91%	−0.12
ARW Arrow Electronics Inc.	Reduce -1.0%	1.84%	−0.11
ESAB Esab Corp.	Reduce -10.7%	0.90%	−0.10
ATO Atmos Energy Corp.	Reduce -18.6%	1.43%	−0.10
JPM JPMorgan Chase & Co.	Reduce -22.8%	0.43%	−0.10
SRI Stoneridge Inc.	Reduce -94.5%	0.00%	−0.08
SCHW Schwab (charles) Corp.	Reduce -11.9%	1.89%	−0.06
KMX Carmax Inc.	Reduce -3.2%	1.38%	−0.06
OMC Omnicom Group	Reduce -2.5%	1.98%	−0.05
WWD Woodward Inc.	Reduce -14.1%	2.13%	−0.05
SWK Stanley Black & Decker Inc.	Reduce -3.2%	1.09%	−0.04
SCS Steelcase Inc. Class A	Reduce -2.8%	0.40%	−0.03
BAC Bank of America Corp.	Reduce -1.4%	0.64%	−0.02
GIS General Mills Inc.	Reduce -66.0%	0.00%	−0.01
JBI Janus International Group Inc.	Reduce -2.6%	0.53%	−0.00
WMB Williams Cos Inc.	Sold out	0.00%	−0.00
DFH Dream Finders Homes Inc. Class A	Reduce -0.8%	0.49%	−0.00
AWI Armstrong World Industries	Reduce -2.0%	0.69%	+0.01
INGR Ingredion Inc.	Reduce -1.0%	1.06%	+0.01
APG Api Group Corp.	Reduce -2.3%	1.41%	+0.01
CB Chubb Ltd.	Reduce -11.1%	1.67%	+0.02
C Citigroup Inc.	Reduce -0.3%	0.45%	+0.02
CBRE CBRE Group Inc. Class A	Reduce -1.2%	1.12%	+0.02
TEL Te Connectivity PLC	Reduce -1.1%	2.23%	+0.03
EPAC Enerpac Tool Group Corp.	Reduce -2.9%	0.47%	+0.04
ESNT Essent Group Ltd.	Reduce -5.8%	1.21%	+0.04
WMG Warner Music Group Corp. Class A	Reduce -2.4%	1.80%	+0.04
UL Unilever PLC	Reduce -1.1%	0.62%	+0.05
EOG EOG Resources Inc.	Reduce -0.3%	0.80%	+0.06
LH Labcorp Holdings Inc.	Reduce -1.8%	1.94%	+0.07

Portfolio Buys Q4 2024 → Q1 2025


CSL Carlisle Cos Inc.	New	0.74%	+0.74
RNR Renaissancere Holdings Ltd.	Add +18.0%	3.00%	+0.46
WTM White Mountains Insurance GP	Add +60.4%	1.05%	+0.41
UNH Unitedhealth Group Inc.	Add +23.5%	1.60%	+0.40
FUL H.B. Fuller Co.	New	0.37%	+0.37
ALLE Allegion PLC	New	0.33%	+0.33
BUR Burford Capital Ltd.	New	0.25%	+0.25
COP Conocophillips	Add +3.6%	1.92%	+0.23
PPG PPG Industries Inc.	Add +25.3%	1.24%	+0.20
DIS The Walt Disney Co.	Add +37.3%	0.89%	+0.19
TKR Timken Co.	New	0.18%	+0.18
BDX Becton Dickinson and Co.	Add +0.1%	2.31%	+0.11
RHP Ryman Hospitality Properties	Add +25.9%	0.83%	+0.11
OXY Occidental Petroleum Corp.	Add +3.1%	1.51%	+0.10
NXPI NXP Semiconductors NV	New	0.10%	+0.10
KHC The Kraft Heinz Co.	Add +4.0%	1.37%	+0.09
MTB M & T Bank Corp.	Add +21.4%	0.48%	+0.08
WSFS WSFS Financial Corp.	Add +14.0%	0.46%	+0.06
CBSH Commerce Bancshares Inc.	Add +6.3%	0.59%	+0.06
AL Sumisho Air Lease Corp.	Add +5.3%	0.61%	+0.05
STC Stewart Information Services	Add +5.8%	0.32%	+0.04
BV Brightview Holdings Inc.	Add +38.2%	0.32%	+0.04
BOOM DMC Global Inc.	Add +12.0%	0.17%	+0.04
COLB Columbia Banking System Inc.	Add +6.5%	0.54%	+0.01
GRC Gorman-Rupp Co.	Add +8.5%	0.17%	+0.01
MSA Msa Safety Inc.	Add +9.2%	1.04%	+0.00
VREX Varex Imaging Corp.	Add +18.7%	0.25%	−0.01
ITGR Integer Holdings Corp.	Add +6.3%	0.37%	−0.01
CNMD Conmed Corp.	Add +5.8%	0.42%	−0.01
WFRD Weatherford International PL	Add +15.1%	0.15%	−0.02
FLO Flowers Foods Inc.	Add +2.9%	1.07%	−0.02
TGLS Tecnoglass Holdings Inc.	Add +1.6%	0.57%	−0.03
MKSI MKS Inc.	Add +18.5%	0.83%	−0.05
AEO American Eagle Outfitters	Add +29.9%	0.91%	−0.06
MBUU Malibu Boats Inc. Class A	Add +1.7%	0.42%	−0.07
AESI Atlas Energy Solutions Inc.	Add +2.3%	0.46%	−0.08

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	100	$8.6B	GIL, RBA, RNR, FNF, ACGL
Q1 2026	103	$8.8B	GIL, RNR, RBA, WTM, CCI
Q4 2025	104	$9.6B	GIL, RNR, FNF, CCI, ACGL
Q3 2025	99	$9.7B	GIL, FNF, RNR, AER, RBA
Q2 2025	100	$10.0B	GIL, RBA, AER, RNR, FNF
Q1 2025	102	$10.0B	FNF, GIL, RBA, RNR, CCI
Q4 2024	99	$10.4B	GIL, FNF, RBA, AER, STT
Q3 2024	95	$11.0B	GIL, FNF, RNR, CCI, AER
Q2 2024	96	$10.4B	GIL, AER, FNF, TEL, STT
Q1 2024	99	$10.8B	GIL, AER, FNF, STT, GL