Cooke & Bieler LP

Name: COOKE & BIELER LP 13F holdings, Q4 2025
Creator: COOKE & BIELER LP
Published: 2026-02-09

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

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Cooke & Bieler LP reported 104 stock positions worth $9.6 billion. Its top holding was Gildan Activewear (GIL) at 4.7% of the portfolio, followed by Renaissancere (RNR, 3.2%) and Fidelity National Financial (FNF, 2.9%). Compared with Q3 2025, it opened 10 new positions, sold out of 6, added to 42 and reduced 47. The biggest buy was a new position in Aramark (ARMK) and the biggest sale Aercap (AER, shares −55%).

Most Recent 13F: Q2 2026
Location: PHILADELPHIA, PA
CIK: 0000024386
Portfolio Value: $9.6B (Q4 2025)
SEC Filing: 0000024386-26-000002 ↗ filed Feb 9, 2026

Holdings Value

Holdings 104 stocks · $9.6B


GIL Gildan Activewear Inc.	4.74%	7,273,109	$454.3M	Reduce -0.1%
RNR Renaissancere Holdings Ltd.	3.21%	1,095,841	$308.1M	Reduce -1.0%
FNF Fidelity National Financial	2.94%	5,169,924	$282.2M	Reduce -1.7%
CCI Crown Castle Inc.	2.72%	2,930,797	$260.5M	Add +21.2%
ACGL Arch Capital Group Ltd.	2.64%	2,635,193	$252.8M	Add +13.4%
RBA RB Global Inc.	2.63%	2,455,953	$252.6M	Reduce -3.5%
WTM White Mountains Insurance GP	2.31%	106,579	$221.5M	Reduce -1.2%
BDX Becton Dickinson and Co.	2.28%	1,126,471	$218.6M	Add +27.2%
OMC Omnicom Group	2.14%	2,538,012	$204.9M	Add +11.8%
LH Labcorp Holdings Inc.	1.97%	752,916	$188.9M	Reduce -0.2%
CB Chubb Ltd.	1.84%	565,375	$176.5M	Reduce -6.7%
PPG PPG Industries Inc.	1.73%	1,616,672	$165.6M	Add +16.7%
BN Brookfield Corp.	1.69%	3,528,460	$161.9M	No change
COP Conocophillips	1.68%	1,722,300	$161.2M	Add +6.9%
WMG Warner Music Group Corp. Class A	1.68%	5,243,498	$160.8M	Reduce -0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO	1.67%	1,408,418	$160.2M	Add +83.7%
HAS Hasbro Inc.	1.63%	1,902,718	$156.0M	Reduce -4.2%
MKSI MKS Inc.	1.61%	966,703	$154.5M	Reduce -26.9%
AER Aercap Holdings NV	1.57%	1,044,083	$150.1M	Reduce -54.6%
FISV Fiserv Inc.	1.55%	2,213,006	$148.6M	Add +377.6%
TFX Teleflex Inc.	1.51%	1,183,176	$144.4M	Reduce -3.1%
MSA Msa Safety Inc.	1.50%	899,030	$144.0M	Add +9.0%
CSL Carlisle Cos Inc.	1.48%	444,390	$142.1M	Add +19.2%
WWD Woodward Inc.	1.46%	462,834	$139.9M	Reduce -32.8%
GBCI Glacier Bancorp Inc.	1.40%	3,049,334	$134.3M	Add +5.3%
INGR Ingredion Inc.	1.39%	1,207,153	$133.1M	Add +33.6%
OXY Occidental Petroleum Corp.	1.35%	3,147,606	$129.4M	Add +6.4%
ESNT Essent Group Ltd.	1.32%	1,952,006	$126.9M	Add +0.7%
XPO Xpo Inc.	1.32%	933,703	$126.9M	Reduce 0.0%
VVV Valvoline Inc.	1.30%	4,281,095	$124.4M	Add +28.3%
CRL Charles River Laboratories	1.26%	607,565	$121.2M	Add +0.6%
JNJ Johnson & Johnson	1.26%	583,536	$120.8M	Reduce -10.8%
LKQ LKQ Corp.	1.26%	3,996,199	$120.7M	Reduce -1.0%
RHP Ryman Hospitality Properties	1.23%	1,251,144	$118.4M	Add +12.8%
ARMK Aramark	1.23%	3,204,294	$118.1M	New
STT State Street Corp.	1.23%	913,434	$117.8M	Reduce -16.2%
TKR Timken Co.	1.21%	1,381,769	$116.2M	Reduce -2.9%
UNH Unitedhealth Group Inc.	1.19%	344,824	$113.8M	Reduce -5.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP	1.16%	2,018,224	$111.0M	Reduce -14.5%
SCHW Schwab (charles) Corp.	1.15%	1,106,950	$110.6M	Reduce -31.6%
ATO Atmos Energy Corp.	1.12%	640,641	$107.4M	Reduce -31.7%
KHC The Kraft Heinz Co.	1.11%	4,372,775	$106.0M	Reduce -1.5%
AVY Avery Dennison Corp.	1.10%	580,689	$105.6M	New
ESAB Esab Corp.	1.09%	939,058	$104.9M	Reduce -5.8%
BAM Brookfield Asset Mgmt-A	1.09%	2,001,903	$104.9M	Add +48.6%
CBRE CBRE Group Inc. Class A	1.08%	643,580	$103.5M	Reduce -0.4%
FUL H.B. Fuller Co. filed as FULLER H B CO	1.04%	1,677,674	$99.8M	Add +13.3%
XRAY Dentsply Sirona Inc.	1.01%	8,463,488	$96.7M	Reduce -0.7%
EOG EOG Resources Inc.	0.99%	908,164	$95.4M	Add +63.9%
SWK Stanley Black & Decker Inc.	0.96%	1,241,546	$92.2M	Reduce -0.6%
VZ Verizon Communications Inc.	0.95%	2,244,709	$91.4M	Reduce -1.0%
MDT Medtronic PLC	0.94%	942,124	$90.5M	Reduce -0.7%
APG Api Group Corp.	0.77%	1,924,873	$73.6M	Add +0.1%
WGO Winnebago Industries	0.74%	1,758,476	$71.3M	Reduce -1.9%
ALLE Allegion PLC	0.73%	438,237	$69.8M	Reduce -9.5%
MKL Markel Group Inc.	0.72%	32,047	$68.9M	Reduce -0.1%
C Citigroup Inc.	0.69%	567,435	$66.2M	Reduce -0.3%
MTB M & T Bank Corp. filed as M & T BK CORP	0.68%	324,560	$65.4M	Add +0.4%
COLB Columbia Banking System Inc.	0.66%	2,255,633	$63.0M	Reduce -8.2%
EPAC Enerpac Tool Group Corp.	0.63%	1,577,871	$60.3M	Add +2.1%
WSFS WSFS Financial Corp.	0.61%	1,055,902	$58.3M	Add +2.3%
CBSH Commerce Bancshares Inc.	0.54%	995,394	$52.1M	Add +6.3%
PRGO Perrigo Co. PLC	0.54%	3,714,313	$51.7M	Add +0.9%
JBI Janus International Group Inc.	0.53%	7,746,357	$50.7M	Add +12.7%
MIDD Middleby Corp.	0.50%	323,623	$48.1M	New
ITGR Integer Holdings Corp.	0.50%	613,134	$48.1M	Add +59.5%
BUR Burford Capital Ltd.	0.48%	5,194,551	$46.3M	Add +31.0%
BV Brightview Holdings Inc.	0.48%	3,648,496	$46.2M	Add +2.3%
MBUU Malibu Boats Inc. Class A	0.46%	1,567,404	$44.2M	Add +1.5%
DFH Dream Finders Homes Inc. Class A	0.44%	2,487,064	$42.5M	Add +0.7%
HCA HCA Healthcare Inc.	0.42%	86,765	$40.5M	Reduce -29.3%
STC Stewart Information Services	0.41%	563,003	$39.6M	Add +2.1%
AESI Atlas Energy Solutions Inc.	0.41%	4,186,243	$39.4M	Add +0.8%
RUSHA Rush Enterprises Inc. Class A	0.41%	729,250	$39.3M	Add +85.0%
OTEX Open Text Corp.	0.41%	1,202,951	$39.2M	Reduce -71.9%
UL Unilever PLC-Sponsored ADR	0.39%	575,110	$37.6M	Reduce -0.1%
AWI Armstrong World Industries	0.39%	194,048	$37.1M	Add +2.0%
CNMD Conmed Corp.	0.37%	867,817	$35.2M	Add +23.2%
HNI Hni Corp.	0.33%	754,493	$31.7M	Add +23.0%
MBC Masterbrand Inc.	0.33%	2,831,036	$31.3M	New
TGLS Tecnoglass Holdings Inc.	0.26%	487,371	$24.5M	Reduce -12.2%
NXPI NXP Semiconductors NV	0.25%	109,536	$23.8M	Add +18.7%
SSD Simpson Manufacturing Co. Inc.	0.22%	129,685	$20.9M	Add +77.9%
IDT Idt Corp. Class B	0.21%	391,126	$20.0M	New
VREX Varex Imaging Corp.	0.20%	1,632,525	$19.0M	Add +2.2%
MKTX Marketaxess Holdings Inc.	0.20%	104,100	$18.9M	New
ARW Arrow Electronics Inc.	0.19%	164,993	$18.2M	Reduce -67.0%
WFRD Weatherford International PL	0.18%	218,549	$17.1M	Reduce -28.1%
GLOB Globant SA	0.18%	259,010	$16.9M	New
AMWD American Woodmark Corp.	0.15%	260,616	$14.0M	Reduce -72.0%
BOOM DMC Global Inc.	0.14%	1,988,267	$13.3M	Add +0.8%
FG F&G Annuities & Life Inc.	0.10%	311,043	$9.6M	New
GRC Gorman-Rupp Co.	0.10%	197,203	$9.4M	Reduce -36.0%
VONV Vanguard Russell 1000 Value	0.05%	54,000	$5.0M	New
VTWV Vanguard Russell 2000 Value	0.01%	7,510	$1.2M	New
BRK.B Berkshire Hathaway Inc. Class B	0.01%	2,310	$1.2M	No change
PM Philip Morris International	0.01%	6,928	$1.1M	Reduce -9.0%
MICC The Magnum Ice Cream Co. NV	0.01%	63,347	$1.0M	Reduce -51.1%
TEL Te Connectivity PLC	0.01%	4,260	$969K	Reduce -98.8%
GOOGL Alphabet Inc. Class A	0.01%	2,752	$861K	Reduce -29.5%
JPM JPMorgan Chase & Co.	0.01%	1,872	$603K	Reduce -65.8%
GOOG Alphabet Inc. Class C	0.01%	1,600	$502K	No change
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.00%	2,500	$384K	No change
GIS General Mills Inc.	0.00%	5,000	$233K	No change

Portfolio Sells Q3 2025 → Q4 2025


AER Aercap Holdings NV	Reduce -54.6%	1.57%	−1.31
OTEX Open Text Corp.	Reduce -71.9%	0.41%	−1.24
KMX Carmax Inc.	Sold out	0.00%	−1.04
TEL Te Connectivity PLC	Reduce -98.8%	0.01%	−0.83
FLO Flowers Foods Inc.	Sold out	0.00%	−0.74
ATO Atmos Energy Corp.	Reduce -31.7%	1.12%	−0.53
BAX Baxter International Inc.	Sold out	0.00%	−0.52
AMWD American Woodmark Corp.	Reduce -72.0%	0.15%	−0.49
AL Sumisho Air Lease Corp.	Sold out	0.00%	−0.47
SCHW Schwab (charles) Corp.	Reduce -31.6%	1.15%	−0.44
ARW Arrow Electronics Inc.	Reduce -67.0%	0.19%	−0.44
FNF Fidelity National Financial	Reduce -1.7%	2.94%	−0.34
WWD Woodward Inc.	Reduce -32.8%	1.46%	−0.34
LH Labcorp Holdings Inc.	Reduce -0.2%	1.97%	−0.27
RBA RB Global Inc.	Reduce -3.5%	2.63%	−0.21
WMG Warner Music Group Corp. Class A	Reduce -0.2%	1.68%	−0.17
ALLE Allegion PLC	Reduce -9.5%	0.73%	−0.16
TGLS Tecnoglass Holdings Inc.	Reduce -12.2%	0.26%	−0.13
HCA HCA Healthcare Inc.	Reduce -29.3%	0.42%	−0.12
SCS Steelcase Inc. Class A	Sold out	0.00%	−0.12
UNH Unitedhealth Group Inc.	Reduce -5.4%	1.19%	−0.11
XRAY Dentsply Sirona Inc.	Reduce -0.7%	1.01%	−0.11
BAC Bank of America Corp.	Reduce -14.5%	1.16%	−0.10
KHC The Kraft Heinz Co.	Reduce -1.5%	1.11%	−0.09
MKSI MKS Inc.	Reduce -26.9%	1.61%	−0.08
STT State Street Corp.	Reduce -16.2%	1.23%	−0.08
VZ Verizon Communications Inc.	Reduce -1.0%	0.95%	−0.08
ESAB Esab Corp.	Reduce -5.8%	1.09%	−0.06
GRC Gorman-Rupp Co.	Reduce -36.0%	0.10%	−0.05
TFX Teleflex Inc.	Reduce -3.1%	1.51%	−0.04
WFRD Weatherford International PL	Reduce -28.1%	0.18%	−0.04
LKQ LKQ Corp.	Reduce -1.0%	1.26%	−0.01
JPM JPMorgan Chase & Co.	Reduce -65.8%	0.01%	−0.01
MICC The Magnum Ice Cream Co. NV	Reduce -51.1%	0.01%	−0.01
HBI Hanesbrands Inc.	Sold out	0.00%	−0.01
UL Unilever PLC-Sponsored ADR	Reduce -0.1%	0.39%	−0.00
PM Philip Morris International	Reduce -9.0%	0.01%	−0.00
GOOGL Alphabet Inc. Class A	Reduce -29.5%	0.01%	−0.00
SWK Stanley Black & Decker Inc.	Reduce -0.6%	0.96%	+0.00
COLB Columbia Banking System Inc.	Reduce -8.2%	0.66%	+0.00
JNJ Johnson & Johnson	Reduce -10.8%	1.26%	+0.01
MDT Medtronic PLC	Reduce -0.7%	0.94%	+0.01
CBRE CBRE Group Inc. Class A	Reduce -0.4%	1.08%	+0.03
HAS Hasbro Inc.	Reduce -4.2%	1.63%	+0.07
CB Chubb Ltd.	Reduce -6.7%	1.84%	+0.07
XPO Xpo Inc.	Reduce 0.0%	1.32%	+0.08
MKL Markel Group Inc.	Reduce -0.1%	0.72%	+0.09
C Citigroup Inc.	Reduce -0.3%	0.69%	+0.09
TKR Timken Co.	Reduce -2.9%	1.21%	+0.11
WGO Winnebago Industries	Reduce -1.9%	0.74%	+0.12

Portfolio Buys Q3 2025 → Q4 2025


ARMK Aramark	New	1.23%	+1.23
AVY Avery Dennison Corp.	New	1.10%	+1.10
FISV Fiserv Inc.	Add +377.6%	1.55%	+0.93
DIS The Walt Disney Co.	Add +83.7%	1.67%	+0.76
BDX Becton Dickinson and Co.	Add +27.2%	2.28%	+0.57
MIDD Middleby Corp.	New	0.50%	+0.50
ACGL Arch Capital Group Ltd.	Add +13.4%	2.64%	+0.46
EOG EOG Resources Inc.	Add +63.9%	0.99%	+0.35
MBC Masterbrand Inc.	New	0.33%	+0.33
CCI Crown Castle Inc.	Add +21.2%	2.72%	+0.31
BAM Brookfield Asset Mgmt-A	Add +48.6%	1.09%	+0.30
CRL Charles River Laboratories	Add +0.6%	1.26%	+0.29
INGR Ingredion Inc.	Add +33.6%	1.39%	+0.25
OMC Omnicom Group	Add +11.8%	2.14%	+0.23
PPG PPG Industries Inc.	Add +16.7%	1.73%	+0.22
CSL Carlisle Cos Inc.	Add +19.2%	1.48%	+0.22
IDT Idt Corp. Class B	New	0.21%	+0.21
RHP Ryman Hospitality Properties	Add +12.8%	1.23%	+0.21
MKTX Marketaxess Holdings Inc.	New	0.20%	+0.20
RUSHA Rush Enterprises Inc. Class A	Add +85.0%	0.41%	+0.19
GLOB Globant SA	New	0.18%	+0.18
FUL H.B. Fuller Co.	Add +13.3%	1.04%	+0.13
COP Conocophillips	Add +6.9%	1.68%	+0.11
FG F&G Annuities & Life Inc.	New	0.10%	+0.10
SSD Simpson Manufacturing Co. Inc.	Add +77.9%	0.22%	+0.09
ITGR Integer Holdings Corp.	Add +59.5%	0.50%	+0.09
APG Api Group Corp.	Add +0.1%	0.77%	+0.09
VVV Valvoline Inc.	Add +28.3%	1.30%	+0.06
VONV Vanguard Russell 1000 Value	New	0.05%	+0.05
ESNT Essent Group Ltd.	Add +0.7%	1.32%	+0.05
MSA Msa Safety Inc.	Add +9.0%	1.50%	+0.04
HNI Hni Corp.	Add +23.0%	0.33%	+0.03
WSFS WSFS Financial Corp.	Add +2.3%	0.61%	+0.03
NXPI NXP Semiconductors NV	Add +18.7%	0.25%	+0.03
CNMD Conmed Corp.	Add +23.2%	0.37%	+0.03
MTB M & T Bank Corp.	Add +0.4%	0.68%	+0.02
VTWV Vanguard Russell 2000 Value	New	0.01%	+0.01
AWI Armstrong World Industries	Add +2.0%	0.39%	+0.00
STC Stewart Information Services	Add +2.1%	0.41%	−0.01
VREX Varex Imaging Corp.	Add +2.2%	0.20%	−0.01
BUR Burford Capital Ltd.	Add +31.0%	0.48%	−0.01
BV Brightview Holdings Inc.	Add +2.3%	0.48%	−0.01
EPAC Enerpac Tool Group Corp.	Add +2.1%	0.63%	−0.03
BOOM DMC Global Inc.	Add +0.8%	0.14%	−0.03
CBSH Commerce Bancshares Inc.	Add +6.3%	0.54%	−0.03
GBCI Glacier Bancorp Inc.	Add +5.3%	1.40%	−0.05
MBUU Malibu Boats Inc. Class A	Add +1.5%	0.46%	−0.06
AESI Atlas Energy Solutions Inc.	Add +0.8%	0.41%	−0.08
OXY Occidental Petroleum Corp.	Add +6.4%	1.35%	−0.09
JBI Janus International Group Inc.	Add +12.7%	0.53%	−0.17

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