Cooke & Bieler LP

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), Cooke & Bieler LP reported 100 stock positions worth $10.0 billion. Its top holding was Gildan Activewear (GIL) at 3.6% of the portfolio, followed by RB Global (RBA, 3.1%) and Aercap (AER, 3.0%). Compared with Q1 2025, it opened 2 new positions, sold out of 4, added to 30 and reduced 62. The biggest buy was a new position in Valvoline (VVV) and the biggest sale an exit from American Eagle Outfitters (AEO).

Most Recent 13F
Q2 2026
Location
PHILADELPHIA, PA
CIK
0000024386
Portfolio Value
$10.0B (Q2 2025)
SEC Filing
0000024386-25-000004 ↗ filed Aug 4, 2025

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $10.8B Q1 2024 Q2 2024: $10.4B Q2 2024 Q3 2024: $11.0B Q3 2024 Q4 2024: $10.4B Q4 2024 Q1 2025: $10.0B Q1 2025 Q2 2025: $10.0B $10.0B Q2 2025 Q3 2025: $9.7B Q3 2025 Q4 2025: $9.6B Q4 2025 Q1 2026: $8.8B Q1 2026 Q2 2026: $8.6B Q2 2026

Holdings 100 stocks · $10.0B
GIL Gildan Activewear Inc. 3.61% 7,331,577 $361.0M Reduce -0.9%
RBA RB Global Inc. 3.09% 2,906,712 $308.7M Reduce -5.0%
AER Aercap Holdings NV 2.98% 2,545,106 $297.8M Reduce -11.4%
RNR Renaissancere Holdings Ltd. 2.88% 1,183,931 $287.6M Reduce -5.1%
FNF Fidelity National Financial 2.63% 4,684,210 $262.6M Reduce -12.2%
WWD Woodward Inc. 2.51% 1,021,662 $250.4M Reduce -12.3%
CCI Crown Castle Inc. 2.35% 2,280,973 $234.3M Reduce -19.1%
STT State Street Corp. 2.33% 2,188,143 $232.7M Reduce -4.8%
BN Brookfield Corp. 2.18% 3,517,196 $217.5M Reduce -8.1%
LH Labcorp Holdings Inc. 2.15% 817,934 $214.7M Reduce -1.8%
TEL Te Connectivity PLC 2.09% 1,237,992 $208.8M Reduce -21.4%
SCHW Schwab (charles) Corp. 2.06% 2,255,425 $205.8M Reduce -6.5%
OTEX Open Text Corp. 1.77% 6,041,008 $176.4M Reduce -1.1%
OMC Omnicom Group 1.69% 2,344,600 $168.7M Reduce -1.9%
BDX Becton Dickinson and Co. 1.62% 939,882 $161.9M Reduce -6.7%
PM Philip Morris International 1.59% 872,773 $159.0M Reduce -20.0%
HAS Hasbro Inc. 1.58% 2,135,674 $157.7M Reduce -1.4%
ATO Atmos Energy Corp. 1.56% 1,011,409 $155.9M Add +9.3%
WMG Warner Music Group Corp. Class A 1.54% 5,640,604 $153.7M Reduce -1.9%
PPG PPG Industries Inc. 1.52% 1,337,543 $152.1M Add +18.2%
COP Conocophillips 1.52% 1,690,321 $151.7M Reduce -7.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.52% 3,202,097 $151.5M Add +109.6%
ARW Arrow Electronics Inc. 1.51% 1,182,932 $150.7M Reduce -33.0%
XRAY Dentsply Sirona Inc. 1.46% 9,154,464 $145.4M Reduce -0.0%
CBRE CBRE Group Inc. Class A 1.45% 1,035,065 $145.0M Add +21.3%
CB Chubb Ltd. 1.45% 499,774 $144.8M Reduce -9.5%
TFX Teleflex Inc. 1.43% 1,205,964 $142.7M Add +14.0%
WTM White Mountains Insurance GP 1.38% 76,781 $137.9M Add +40.5%
LKQ LKQ Corp. 1.37% 3,704,980 $137.1M Reduce -1.6%
MSA Msa Safety Inc. 1.36% 813,762 $136.3M Add +14.4%
GBCI Glacier Bancorp Inc. 1.29% 2,985,079 $128.6M Reduce -0.9%
OXY Occidental Petroleum Corp. 1.25% 2,974,431 $125.0M Reduce -2.5%
MKSI MKS Inc. 1.22% 1,227,185 $121.9M Add +18.1%
KMX Carmax Inc. 1.17% 1,736,565 $116.7M Reduce -1.9%
CSL Carlisle Cos Inc. 1.15% 307,266 $114.7M Add +41.2%
KHC The Kraft Heinz Co. 1.15% 4,430,103 $114.4M Reduce -1.4%
JNJ Johnson & Johnson 1.14% 746,495 $114.0M Reduce -7.3%
APG Api Group Corp. 1.13% 2,214,725 $113.1M Reduce -43.6%
VZ Verizon Communications Inc. 1.12% 2,587,101 $111.9M Reduce -2.4%
VVV Valvoline Inc. 1.11% 2,917,906 $110.5M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.09% 879,948 $109.1M Reduce -2.4%
XPO Xpo Inc. 1.08% 856,898 $108.2M New
INGR Ingredion Inc. 1.06% 778,829 $105.6M Reduce -0.6%
UNH Unitedhealth Group Inc. 0.99% 316,079 $98.6M Add +3.5%
ESNT Essent Group Ltd. 0.99% 1,620,370 $98.4M Reduce -22.8%
SWK Stanley Black & Decker Inc. 0.94% 1,388,937 $94.1M Reduce -1.9%
MDT Medtronic PLC 0.92% 1,056,718 $92.1M Reduce -2.7%
CRL Charles River Laboratories 0.91% 598,777 $90.9M Add +42.7%
RHP Ryman Hospitality Properties 0.90% 913,608 $90.1M Add +1.2%
FLO Flowers Foods Inc. 0.89% 5,590,293 $89.3M Reduce -0.4%
PRGO Perrigo Co. PLC 0.88% 3,299,121 $88.2M Reduce -6.8%
TKR Timken Co. 0.80% 1,106,981 $80.3M Add +341.0%
ALLE Allegion PLC 0.79% 544,659 $78.5M Add +118.5%
ESAB Esab Corp. 0.73% 606,429 $73.1M Reduce -21.5%
EOG EOG Resources Inc. 0.73% 610,339 $73.0M Reduce -2.1%
HBI Hanesbrands Inc. 0.70% 15,160,033 $69.4M Reduce -1.6%
BAM Brookfield Asset Mgmt-A 0.69% 1,254,648 $69.4M Reduce -33.3%
MKL Markel Group Inc. 0.66% 33,157 $66.2M Reduce -2.6%
C Citigroup Inc. 0.66% 774,111 $65.9M Add +22.1%
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 0.62% 1,063,194 $62.2M Reduce -16.0%
MTB M & T Bank Corp. filed as M & T BK CORP 0.62% 318,930 $61.9M Add +18.1%
DFH Dream Finders Homes Inc. Class A 0.62% 2,459,600 $61.8M Add +12.9%
JBI Janus International Group Inc. 0.60% 7,326,211 $59.6M Reduce -0.4%
CBSH Commerce Bancshares Inc. 0.58% 930,988 $57.9M Reduce -2.6%
AWI Armstrong World Industries 0.56% 345,559 $56.1M Reduce -29.4%
BAX Baxter International Inc. 0.53% 1,750,510 $53.0M Add +10.8%
WGO Winnebago Industries 0.52% 1,800,360 $52.2M Reduce -6.8%
HCA HCA Healthcare Inc. 0.50% 131,433 $50.4M Reduce -3.5%
COLB Columbia Banking System Inc. 0.50% 2,145,351 $50.2M Reduce -0.3%
JPM JPMorgan Chase & Co. 0.50% 172,311 $50.0M Reduce -2.7%
WSFS WSFS Financial Corp. 0.49% 893,736 $49.2M Add +0.2%
TGLS Tecnoglass Holdings Inc. 0.49% 631,671 $48.9M Reduce -20.8%
AMWD American Woodmark Corp. 0.48% 897,628 $47.9M Add +0.6%
FUL H.B. Fuller Co. filed as FULLER H B CO 0.46% 759,930 $45.7M Add +15.8%
UL Unilever PLC 0.45% 741,096 $45.3M Reduce -29.1%
GTES Gates Industrial Corp. UK Ltd. 0.44% 1,916,446 $44.1M Reduce -0.5%
MBUU Malibu Boats Inc. Class A 0.43% 1,373,913 $43.1M Add +0.6%
AESI Atlas Energy Solutions Inc. 0.43% 3,219,440 $43.0M Add +23.8%
EPAC Enerpac Tool Group Corp. 0.43% 1,057,794 $42.9M Add +0.1%
BV Brightview Holdings Inc. 0.42% 2,532,230 $42.2M Add +0.7%
BUR Burford Capital Ltd. 0.42% 2,933,109 $41.8M Add +56.5%
SCS Steelcase Inc. Class A 0.38% 3,598,587 $37.5M Reduce -1.4%
CNMD Conmed Corp. 0.36% 699,073 $36.4M Reduce -0.5%
ITGR Integer Holdings Corp. 0.35% 283,403 $34.9M Reduce -10.7%
NXPI NXP Semiconductors NV 0.31% 143,987 $31.5M Add +179.6%
STC Stewart Information Services 0.29% 447,742 $29.1M Reduce -0.4%
RUSHA Rush Enterprises Inc. Class A 0.20% 394,848 $20.3M Reduce -35.1%
VREX Varex Imaging Corp. 0.19% 2,136,843 $18.5M Add +0.7%
BOOM DMC Global Inc. 0.16% 1,977,803 $15.9M Add +0.7%
GRC Gorman-Rupp Co. 0.15% 400,275 $14.7M Reduce -16.9%
WFRD Weatherford International PL 0.14% 286,520 $14.4M Add +0.7%
GOOGL Alphabet Inc. Class A 0.01% 8,114 $1.4M No change
BRK.B Berkshire Hathaway Inc. Class B 0.01% 2,320 $1.1M Reduce -97.3%
RS Reliance Inc. 0.01% 2,000 $628K No change
AME Ametek Inc. 0.01% 3,170 $574K Reduce -97.8%
ITW Illinois Tool Works 0.00% 1,500 $371K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.00% 2,500 $309K No change
GOOG Alphabet Inc. Class C 0.00% 1,600 $284K No change
GIS General Mills Inc. 0.00% 5,000 $259K No change
KVUE Kenvue Inc. 0.00% 9,829 $206K Reduce -38.5%

Portfolio Sells Q1 2025 → Q2 2025
AEO American Eagle Outfitters Sold out 0.00% −0.91
FNF Fidelity National Financial Reduce -12.2% 2.63% −0.84
BDX Becton Dickinson and Co. Reduce -6.7% 1.62% −0.69
CCI Crown Castle Inc. Reduce -19.1% 2.35% −0.60
BRK.B Berkshire Hathaway Inc. Class B Reduce -97.3% 0.01% −0.44
COP Conocophillips Reduce -7.3% 1.52% −0.40
ARW Arrow Electronics Inc. Reduce -33.0% 1.51% −0.33
OMC Omnicom Group Reduce -1.9% 1.69% −0.29
APG Api Group Corp. Reduce -43.6% 1.13% −0.27
WMG Warner Music Group Corp. Class A Reduce -1.9% 1.54% −0.27
OXY Occidental Petroleum Corp. Reduce -2.5% 1.25% −0.26
AME Ametek Inc. Reduce -97.8% 0.01% −0.25
LKQ LKQ Corp. Reduce -1.6% 1.37% −0.23
ESNT Essent Group Ltd. Reduce -22.8% 0.99% −0.23
KHC The Kraft Heinz Co. Reduce -1.4% 1.15% −0.22
CB Chubb Ltd. Reduce -9.5% 1.45% −0.22
BAM Brookfield Asset Mgmt-A Reduce -33.3% 0.69% −0.22
KMX Carmax Inc. Reduce -1.9% 1.17% −0.21
LYV Live Nation Entertainment Inc. Sold out 0.00% −0.21
JNJ Johnson & Johnson Reduce -7.3% 1.14% −0.20
HBI Hanesbrands Inc. Reduce -1.6% 0.70% −0.19
FLO Flowers Foods Inc. Reduce -0.4% 0.89% −0.17
UL Unilever PLC Reduce -29.1% 0.45% −0.17
ESAB Esab Corp. Reduce -21.5% 0.73% −0.17
SWK Stanley Black & Decker Inc. Reduce -1.9% 0.94% −0.15
WGO Winnebago Industries Reduce -6.8% 0.52% −0.14
PM Philip Morris International Reduce -20.0% 1.59% −0.14
TEL Te Connectivity PLC Reduce -21.4% 2.09% −0.14
AWI Armstrong World Industries Reduce -29.4% 0.56% −0.13
RUSHA Rush Enterprises Inc. Class A Reduce -35.1% 0.20% −0.12
RNR Renaissancere Holdings Ltd. Reduce -5.1% 2.88% −0.12
PRGO Perrigo Co. PLC Reduce -6.8% 0.88% −0.11
VZ Verizon Communications Inc. Reduce -2.4% 1.12% −0.08
TGLS Tecnoglass Holdings Inc. Reduce -20.8% 0.49% −0.08
EOG EOG Resources Inc. Reduce -2.1% 0.73% −0.07
CNMD Conmed Corp. Reduce -0.5% 0.36% −0.06
MDT Medtronic PLC Reduce -2.7% 0.92% −0.05
GBCI Glacier Bancorp Inc. Reduce -0.9% 1.29% −0.05
COLB Columbia Banking System Inc. Reduce -0.3% 0.50% −0.03
STC Stewart Information Services Reduce -0.4% 0.29% −0.03
ITGR Integer Holdings Corp. Reduce -10.7% 0.35% −0.03
SCS Steelcase Inc. Class A Reduce -1.4% 0.38% −0.02
GRC Gorman-Rupp Co. Reduce -16.9% 0.15% −0.02
CBSH Commerce Bancshares Inc. Reduce -2.6% 0.58% −0.02
EMR Emerson Electric Co. Sold out 0.00% −0.01
SRI Stoneridge Inc. Sold out 0.00% −0.00
INGR Ingredion Inc. Reduce -0.6% 1.06% −0.00
KVUE Kenvue Inc. Reduce -38.5% 0.00% −0.00
AL Sumisho Air Lease Corp. Reduce -16.0% 0.62% +0.01
RBA RB Global Inc. Reduce -5.0% 3.09% +0.02

Portfolio Buys Q1 2025 → Q2 2025
VVV Valvoline Inc. New 1.11% +1.11
XPO Xpo Inc. New 1.08% +1.08
BAC Bank of America Corp. Add +109.6% 1.52% +0.88
TKR Timken Co. Add +341.0% 0.80% +0.62
ALLE Allegion PLC Add +118.5% 0.79% +0.46
CSL Carlisle Cos Inc. Add +41.2% 1.15% +0.41
MKSI MKS Inc. Add +18.1% 1.22% +0.39
CBRE CBRE Group Inc. Class A Add +21.3% 1.45% +0.34
WTM White Mountains Insurance GP Add +40.5% 1.38% +0.33
MSA Msa Safety Inc. Add +14.4% 1.36% +0.32
PPG PPG Industries Inc. Add +18.2% 1.52% +0.29
CRL Charles River Laboratories Add +42.7% 0.91% +0.28
NXPI NXP Semiconductors NV Add +179.6% 0.31% +0.22
C Citigroup Inc. Add +22.1% 0.66% +0.21
BUR Burford Capital Ltd. Add +56.5% 0.42% +0.17
MTB M & T Bank Corp. Add +18.1% 0.62% +0.14
ATO Atmos Energy Corp. Add +9.3% 1.56% +0.13
DFH Dream Finders Homes Inc. Class A Add +12.9% 0.62% +0.13
BV Brightview Holdings Inc. Add +0.7% 0.42% +0.10
FUL H.B. Fuller Co. Add +15.8% 0.46% +0.09
RHP Ryman Hospitality Properties Add +1.2% 0.90% +0.08
WSFS WSFS Financial Corp. Add +0.2% 0.49% +0.03
MBUU Malibu Boats Inc. Class A Add +0.6% 0.43% +0.01
BOOM DMC Global Inc. Add +0.7% 0.16% −0.01
WFRD Weatherford International PL Add +0.7% 0.14% −0.01
BAX Baxter International Inc. Add +10.8% 0.53% −0.01
AESI Atlas Energy Solutions Inc. Add +23.8% 0.43% −0.03
TFX Teleflex Inc. Add +14.0% 1.43% −0.03
EPAC Enerpac Tool Group Corp. Add +0.1% 0.43% −0.04
AMWD American Woodmark Corp. Add +0.6% 0.48% −0.05
VREX Varex Imaging Corp. Add +0.7% 0.19% −0.06
UNH Unitedhealth Group Inc. Add +3.5% 0.99% −0.61

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 100$8.6BGIL, RBA, RNR, FNF, ACGL
Q1 2026 103$8.8BGIL, RNR, RBA, WTM, CCI
Q4 2025 104$9.6BGIL, RNR, FNF, CCI, ACGL
Q3 2025 99$9.7BGIL, FNF, RNR, AER, RBA
Q2 2025 100$10.0BGIL, RBA, AER, RNR, FNF
Q1 2025 102$10.0BFNF, GIL, RBA, RNR, CCI
Q4 2024 99$10.4BGIL, FNF, RBA, AER, STT
Q3 2024 95$11.0BGIL, FNF, RNR, CCI, AER
Q2 2024 96$10.4BGIL, AER, FNF, TEL, STT
Q1 2024 99$10.8BGIL, AER, FNF, STT, GL