LSV Asset Management
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), LSV Asset Management reported 894 stock positions worth $45.3 billion. Its top holding was AT&T (T) at 1.4% of the portfolio, followed by Alphabet Class A (GOOGL, 1.4%) and Bank of New York Mellon (BNY, 1.4%). Compared with Q2 2025, it opened 128 new positions, sold out of 51, added to 220 and reduced 418. The biggest buy was Alphabet Class A (GOOGL, shares +301%) and the biggest sale NRG Energy (NRG, shares −71%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001050470
- Portfolio Value
- $45.3B (Q3 2025)
- SEC Filing
- 0001050470-25-000017 ↗ filed Nov 6, 2025
Holdings Value
Holdings 894 stocks · $45.3B
| T AT&T Inc. | 1.43% | 22,900,662 | $646.7M | Reduce -4.3% |
| GOOGL Alphabet Inc. Class A | 1.37% | 2,553,418 | $620.7M | Add +301.4% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.36% | 5,669,038 | $617.7M | Reduce -9.4% |
| C Citigroup Inc. | 1.35% | 6,033,737 | $612.4M | Reduce -4.3% |
| CSCO Cisco Systems Inc. | 1.31% | 8,693,083 | $594.8M | Reduce -2.1% |
| JNJ Johnson & Johnson | 1.26% | 3,070,358 | $569.3M | Reduce -2.6% |
| QCOM Qualcomm Inc. | 1.25% | 3,403,140 | $566.1M | Add +1.8% |
| WFC Wells Fargo & Co. | 1.21% | 6,520,348 | $546.5M | Reduce -4.5% |
| EBAY eBay Inc. | 1.18% | 5,886,596 | $535.4M | Reduce -6.5% |
| VZ Verizon Communications Inc. | 1.18% | 12,179,837 | $535.3M | Add +1.8% |
| STT State Street Corp. | 1.15% | 4,469,816 | $518.5M | Reduce -4.9% |
| GILD Gilead Sciences Inc. | 1.05% | 4,299,593 | $477.3M | Reduce -4.8% |
| KR Kroger Co. | 1.03% | 6,889,273 | $464.4M | Reduce -1.6% |
| GM General Motors Co. | 1.01% | 7,514,117 | $458.1M | Reduce -2.9% |
| FOXA Fox Corp. Class A | 0.99% | 7,136,803 | $450.0M | Reduce -4.6% |
| MRK Merck & Co. Inc. | 0.98% | 5,299,273 | $444.8M | Reduce -0.7% |
| CMCSA Comcast Corp. Class A | 0.96% | 13,843,919 | $435.0M | Add +1.8% |
| PFE Pfizer Inc. | 0.95% | 16,923,337 | $431.2M | Add +4.8% |
| HIG Hartford Insurance Group Inc. | 0.94% | 3,202,212 | $427.1M | Reduce -8.2% |
| DELL Dell Technologies -C | 0.90% | 2,883,428 | $408.8M | Add +0.2% |
| PHM Pultegroup Inc. | 0.82% | 2,826,164 | $373.4M | Reduce -2.8% |
| BMY Bristol-Myers Squibb Co. | 0.82% | 8,269,472 | $373.0M | Add +1.7% |
| HCA HCA Healthcare Inc. | 0.79% | 843,623 | $359.6M | Reduce -2.9% |
| MO Altria Group Inc. | 0.78% | 5,315,676 | $351.2M | Add +1.1% |
| DBX Dropbox Inc. Class A | 0.77% | 11,613,642 | $350.8M | Add +38.1% |
| CVS CVS Health Corp. | 0.77% | 4,619,061 | $348.2M | Reduce -3.0% |
| TXT Textron Inc. | 0.77% | 4,106,500 | $347.0M | Reduce -1.1% |
| FLEX Flex Ltd. | 0.76% | 5,908,151 | $342.5M | Reduce -12.7% |
| NEM Newmont Corp. | 0.76% | 4,057,939 | $342.1M | Add +26.3% |
| AMAT Applied Materials Inc. | 0.75% | 1,666,506 | $341.2M | Add +0.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.75% | 6,599,866 | $340.5M | Reduce -4.1% |
| CFG Citizens Financial Group | 0.75% | 6,375,260 | $338.9M | Reduce -2.9% |
| INCY Incyte Corp. | 0.75% | 3,986,097 | $338.1M | Add +3.2% |
| JAZZ Jazz Pharmaceuticals PLC | 0.73% | 2,511,858 | $331.1M | Reduce -1.6% |
| CMI Cummins Inc. | 0.72% | 773,273 | $326.6M | Reduce -24.5% |
| EXEL Exelixis Inc. | 0.71% | 7,768,627 | $320.8M | Reduce -0.7% |
| HPQ HP Inc. | 0.68% | 11,385,906 | $310.0M | Reduce -1.1% |
| AIG American International Group | 0.68% | 3,902,519 | $306.5M | Reduce -0.9% |
| DOX Amdocs Ltd. | 0.66% | 3,648,703 | $299.4M | Add +7.6% |
| HPE Hewlett Packard Enterprise | 0.66% | 12,186,141 | $299.3M | Reduce -3.8% |
| SNX TD Synnex Corp. | 0.65% | 1,797,979 | $294.4M | Reduce -2.1% |
| JBL Jabil Inc. | 0.65% | 1,349,340 | $293.0M | Reduce -28.4% |
| MTG Mgic Investment Corp. | 0.65% | 10,318,036 | $292.7M | Reduce -2.5% |
| CRUS Cirrus Logic Inc. | 0.65% | 2,332,542 | $292.2M | Reduce -0.2% |
| UTHR United Therapeutics Corp. | 0.64% | 686,710 | $287.9M | Reduce -20.6% |
| FHN First Horizon Corp. | 0.64% | 12,727,838 | $287.8M | Reduce -5.4% |
| FDX FedEx Corp. | 0.60% | 1,150,416 | $271.3M | Add +0.6% |
| TAP Molson Coors Beverage Co. Class B | 0.60% | 5,988,916 | $271.0M | Reduce -1.9% |
| BWA Borgwarner Inc. | 0.59% | 6,043,654 | $265.7M | Add +4.7% |
| GS Goldman Sachs Group Inc. | 0.59% | 332,879 | $265.1M | Reduce -34.7% |
| R Ryder System Inc. | 0.58% | 1,381,472 | $260.6M | Reduce -4.4% |
| MPC Marathon Petroleum Corp. | 0.57% | 1,339,570 | $258.2M | Reduce -6.0% |
| PYPL PayPal Holdings Inc. | 0.56% | 3,752,260 | $251.6M | Add +4.0% |
| ARW Arrow Electronics Inc. | 0.55% | 2,070,940 | $250.6M | Reduce -3.6% |
| UAL United Airlines Holdings Inc. | 0.55% | 2,557,559 | $246.8M | Reduce -1.2% |
| OSK Oshkosh Corp. | 0.54% | 1,895,825 | $245.9M | Add +1.7% |
| INGR Ingredion Inc. | 0.54% | 1,999,847 | $244.2M | Reduce -1.1% |
| GEN Gen Digital Inc. | 0.54% | 8,544,516 | $242.6M | Reduce -0.9% |
| XOM Exxon Mobil Corp. | 0.53% | 2,139,259 | $241.2M | Reduce -4.6% |
| RF Regions Financial Corp. | 0.52% | 8,929,251 | $235.5M | Reduce -3.7% |
| AGCO Agco Corp. | 0.52% | 2,189,896 | $234.5M | Reduce -3.1% |
| NXST Nexstar Media Group Inc. | 0.51% | 1,157,545 | $228.9M | Reduce -3.0% |
| META Meta Platforms Inc. Class A | 0.50% | 310,489 | $228.0M | Add +20.5% |
| ADT Adt Inc. | 0.49% | 25,646,206 | $223.4M | Add +3.7% |
| NEU Newmarket Corp. | 0.49% | 268,432 | $222.3M | Add +2.4% |
| VLO Valero Energy Corp. | 0.48% | 1,278,370 | $217.7M | Reduce -5.6% |
| ZION Zions Bancorp NA | 0.48% | 3,839,718 | $217.3M | Reduce -3.0% |
| RDN Radian Group Inc. | 0.48% | 5,975,086 | $216.4M | Reduce -2.2% |
| KHC The Kraft Heinz Co. | 0.48% | 8,268,443 | $215.3M | Reduce -1.9% |
| UNM Unum Group | 0.47% | 2,732,940 | $212.6M | Reduce -0.3% |
| F Ford Motor Co. filed as FORD MTR CO | 0.47% | 17,610,147 | $210.6M | Reduce -2.4% |
| ALSN Allison Transmission Holding | 0.46% | 2,438,981 | $207.0M | Reduce -2.6% |
| OC Owens Corning | 0.45% | 1,449,562 | $205.1M | Add +0.3% |
| JPM JPMorgan Chase & Co. | 0.44% | 636,922 | $200.9M | Reduce -7.7% |
| EXPE Expedia Group Inc. | 0.44% | 926,955 | $198.1M | Add +6.3% |
| UGI Ugi Corp. | 0.43% | 5,894,263 | $196.0M | Add +20.3% |
| DAL Delta Air Lines Inc. | 0.43% | 3,447,917 | $195.7M | Add +1.3% |
| ALV Autoliv Inc. | 0.43% | 1,579,687 | $195.1M | Add +54.9% |
| ACI Albertsons Cos Inc. Class A | 0.42% | 10,946,507 | $191.7M | Add +3.5% |
| MLI Mueller Industries Inc. | 0.42% | 1,889,730 | $191.1M | Reduce -2.3% |
| WDC Western Digital Corp. | 0.40% | 1,511,212 | $181.4M | Add +10.0% |
| DINO HF Sinclair Corp. | 0.38% | 3,269,493 | $171.1M | Reduce -9.7% |
| NFG National Fuel Gas Co. | 0.38% | 1,845,450 | $170.5M | Reduce -7.0% |
| MTCH Match Group Inc. | 0.37% | 4,770,780 | $168.5M | Add +37.8% |
| BG Bunge Global SA | 0.37% | 2,072,372 | $168.4M | Reduce -3.0% |
| HST Host Hotels & Resorts Inc. | 0.37% | 9,838,575 | $167.5M | Add +13.7% |
| SYF Synchrony Financial | 0.37% | 2,334,854 | $165.9M | Add +2.0% |
| PVH PVH Corp. | 0.36% | 1,963,303 | $164.5M | Add +47.8% |
| MTDR Matador Resources Co. | 0.35% | 3,532,303 | $158.7M | Add +5.9% |
| CNC Centene Corp. | 0.35% | 4,433,225 | $158.2M | Reduce -2.8% |
| CI The Cigna Group | 0.35% | 542,737 | $156.4M | Reduce -2.4% |
| SAIC Science Applications Inte | 0.34% | 1,565,035 | $155.5M | Add +20.2% |
| ASO Academy Sports & Outdoors Inc. | 0.34% | 3,095,055 | $154.8M | Reduce -0.8% |
| UHS Universal Health Services-B | 0.34% | 752,786 | $153.9M | Reduce -2.7% |
| GIS General Mills Inc. | 0.34% | 3,047,300 | $153.6M | Reduce -13.6% |
| CRBG Corebridge Financial Inc. | 0.33% | 4,685,535 | $150.2M | Add +2.1% |
| HAL Halliburton Co. | 0.33% | 6,049,722 | $148.8M | Reduce -4.3% |
| CNH CNH Industrial NV | 0.33% | 13,605,671 | $147.6M | Reduce -16.5% |
| SWKS Skyworks Solutions Inc. | 0.32% | 1,909,536 | $147.0M | Add +13.9% |
| BCO The Brink's Co. | 0.32% | 1,256,385 | $146.8M | Add +16.3% |
Portfolio Sells Q2 2025 → Q3 2025
| NRG NRG Energy Inc. | Reduce -70.7% | 0.16% | −0.42 |
| LMT Lockheed Martin Corp. | Reduce -56.2% | 0.28% | −0.35 |
| JBL Jabil Inc. | Reduce -28.4% | 0.65% | −0.31 |
| GS Goldman Sachs Group Inc. | Reduce -34.7% | 0.59% | −0.26 |
| CNC Centene Corp. | Reduce -2.8% | 0.35% | −0.23 |
| AFL Aflac Inc. | Reduce -100.0% | 0.00% | −0.20 |
| T AT&T Inc. | Reduce -4.3% | 1.43% | −0.19 |
| SANM Sanmina Corp. | Reduce -65.5% | 0.11% | −0.19 |
| LEN Lennar Corp. Class A | Reduce -99.5% | 0.00% | −0.17 |
| CAH Cardinal Health Inc. | Reduce -37.4% | 0.21% | −0.17 |
| CNH CNH Industrial NV | Reduce -16.5% | 0.33% | −0.17 |
| GMS GMS Inc. | Sold out | 0.00% | −0.16 |
| WHR Whirlpool Corp. | Reduce -35.1% | 0.14% | −0.16 |
| KR Kroger Co. | Reduce -1.6% | 1.03% | −0.15 |
| PSX Phillips 66 | Reduce -40.7% | 0.25% | −0.14 |
| CSCO Cisco Systems Inc. | Reduce -2.1% | 1.31% | −0.13 |
| SJM The JM Smucker Co. | Reduce -41.8% | 0.19% | −0.13 |
| GILD Gilead Sciences Inc. | Reduce -4.8% | 1.05% | −0.12 |
| BAX Baxter International Inc. | Reduce -5.9% | 0.23% | −0.11 |
| AIG American International Group | Reduce -0.9% | 0.68% | −0.11 |
| INGR Ingredion Inc. | Reduce -1.1% | 0.54% | −0.10 |
| ALSN Allison Transmission Holding | Reduce -2.6% | 0.46% | −0.10 |
| EXEL Exelixis Inc. | Reduce -0.7% | 0.71% | −0.10 |
| HIG Hartford Insurance Group Inc. | Reduce -8.2% | 0.94% | −0.09 |
| TAP Molson Coors Beverage Co. Class B | Reduce -1.9% | 0.60% | −0.09 |
| GIS General Mills Inc. | Reduce -13.6% | 0.34% | −0.09 |
| KLG WK Kellogg Co. | Sold out | 0.00% | −0.09 |
| ARW Arrow Electronics Inc. | Reduce -3.6% | 0.55% | −0.09 |
| CI The Cigna Group | Reduce -2.4% | 0.35% | −0.08 |
| BLDR Builders Firstsource Inc. | Reduce -68.3% | 0.04% | −0.08 |
| COOP Mr Cooper Group Inc. | Reduce -62.2% | 0.08% | −0.08 |
| WFC Wells Fargo & Co. | Reduce -4.5% | 1.21% | −0.07 |
| LYB Lyondellbasell Indu Class A | Reduce -65.8% | 0.03% | −0.07 |
| SF Stifel Financial Corp. | Sold out | 0.00% | −0.07 |
| SPTN Spartannash Co. | Sold out | 0.00% | −0.07 |
| CNA Cna Financial Corp. | Reduce -68.5% | 0.03% | −0.07 |
| AFG American Financial Group Inc. | Reduce -45.9% | 0.09% | −0.07 |
| CMI Cummins Inc. | Reduce -24.5% | 0.72% | −0.06 |
| CAG Conagra Brands Inc. | Reduce -6.6% | 0.23% | −0.06 |
| INMD Inmode Ltd. | Reduce -91.0% | 0.01% | −0.06 |
| JEF Jefferies Financial Group Inc. | Reduce -96.3% | 0.00% | −0.06 |
| GEN Gen Digital Inc. | Reduce -0.9% | 0.54% | −0.06 |
| SNA Snap-on Inc. | Reduce -23.4% | 0.24% | −0.06 |
| IBM Intl Business Machines Corp. | Reduce -20.9% | 0.14% | −0.06 |
| AMP Ameriprise Financial Inc. | Reduce -2.0% | 0.29% | −0.05 |
| SNV Synovus Financial Corp. | Reduce -71.1% | 0.02% | −0.05 |
| UNM Unum Group | Reduce -0.3% | 0.47% | −0.05 |
| GNW Genworth Financial Inc. | Reduce -70.3% | 0.02% | −0.05 |
| LNTH Lantheus Holdings Inc. | Reduce -73.1% | 0.01% | −0.05 |
| MTG Mgic Investment Corp. | Reduce -2.5% | 0.65% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOGL Alphabet Inc. Class A | Add +301.4% | 1.37% | +1.11 |
| NEM Newmont Corp. | Add +26.3% | 0.76% | +0.32 |
| ADBE Adobe Inc. | Add +528073.6% | 0.30% | +0.30 |
| DBX Dropbox Inc. Class A | Add +38.1% | 0.77% | +0.21 |
| WDC Western Digital Corp. | Add +10.0% | 0.40% | +0.19 |
| ES Eversource Energy | Add +331.6% | 0.25% | +0.19 |
| ACMR Acm Research Inc. Class A | Add +462.9% | 0.22% | +0.19 |
| ALV Autoliv Inc. | Add +54.9% | 0.43% | +0.16 |
| MU Micron Technology Inc. | Add +104.6% | 0.26% | +0.16 |
| PVH PVH Corp. | Add +47.8% | 0.36% | +0.15 |
| BWA Borgwarner Inc. | Add +4.7% | 0.59% | +0.13 |
| INCY Incyte Corp. | Add +3.2% | 0.75% | +0.13 |
| GTX Garrett Motion Inc. | New | 0.13% | +0.13 |
| MTCH Match Group Inc. | Add +37.8% | 0.37% | +0.12 |
| APA Apa Corp. | Add +47.3% | 0.22% | +0.10 |
| CF CF Industries Holdings Inc. | Add +106.3% | 0.21% | +0.10 |
| BCO The Brink's Co. | Add +16.3% | 0.32% | +0.10 |
| CRL Charles River Laboratories | Add +1773.0% | 0.10% | +0.10 |
| BMRN Biomarin Pharmaceutical Inc. | Add +2445.5% | 0.10% | +0.10 |
| EXPE Expedia Group Inc. | Add +6.3% | 0.44% | +0.09 |
| SIG Signet Jewelers Ltd. | Add +263.4% | 0.12% | +0.09 |
| BPOP Popular Inc. | Add +34.3% | 0.27% | +0.08 |
| DELL Dell Technologies -C | Add +0.2% | 0.90% | +0.08 |
| RNG Ringcentral Inc. Class A | New | 0.07% | +0.07 |
| EA Electronic Arts Inc. | Add +265.0% | 0.09% | +0.07 |
| STZ Constellation Brands Inc. Class A | New | 0.07% | +0.07 |
| M Macy's Inc. | Add +12.2% | 0.19% | +0.07 |
| GTM Zoominfo Technologies Inc. | Add +64.2% | 0.18% | +0.07 |
| FHI Federated Hermes Inc. | Add +22.1% | 0.28% | +0.07 |
| NVDA Nvidia Corp. | Add +7575.6% | 0.07% | +0.07 |
| REGN Regeneron Pharmaceuticals | New | 0.07% | +0.07 |
| ACLS Axcelis Technologies Inc. | New | 0.07% | +0.07 |
| DG Dollar General Corp. | New | 0.07% | +0.07 |
| NEU Newmarket Corp. | Add +2.4% | 0.49% | +0.07 |
| AER Aercap Holdings NV | Add +246.2% | 0.09% | +0.07 |
| VIPS Vipshop Holdings Ltd. - ADR | Add +11.7% | 0.24% | +0.07 |
| ENR Energizer Holdings Inc. | Add +24.5% | 0.19% | +0.06 |
| HST Host Hotels & Resorts Inc. | Add +13.7% | 0.37% | +0.06 |
| META Meta Platforms Inc. Class A | Add +20.5% | 0.50% | +0.06 |
| CENTA Central Garden and Pet Co. Class A | Add +209.2% | 0.09% | +0.06 |
| AAPL Apple Inc. | Add +7063.4% | 0.06% | +0.06 |
| MO Altria Group Inc. | Add +1.1% | 0.78% | +0.05 |
| SBH Sally Beauty Holdings Inc. | Add +7.5% | 0.12% | +0.05 |
| HALO Halozyme Therapeutics Inc. | Add +0.9% | 0.20% | +0.05 |
| LDOS Leidos Holdings Inc. | New | 0.05% | +0.05 |
| SNDK Sandisk Corp. | Add +9.6% | 0.08% | +0.05 |
| MSFT Microsoft Corp. | Add +7575.0% | 0.05% | +0.05 |
| GD General Dynamics Corp. | New | 0.05% | +0.05 |
| PHIN Phinia Inc. | Add +13.8% | 0.17% | +0.05 |
| OSK Oshkosh Corp. | Add +1.7% | 0.54% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 889 | $55.1B | GOOGL, DELL, CSCO, C, STT |
| Q1 2026 | 883 | $46.4B | GOOGL, T, C, CSCO, MRK |
| Q4 2025 | 882 | $45.9B | GOOGL, C, CSCO, QCOM, WFC |
| Q3 2025 | 894 | $45.3B | T, GOOGL, BNY, C, CSCO |
| Q2 2025 | 817 | $42.7B | T, CSCO, BNY, WFC, C |
| Q1 2025 | 838 | $41.7B | T, CSCO, BNY, GILD, VZ |
| Q4 2024 | 832 | $43.3B | T, MRK, CSCO, BNY, CMCSA |
| Q3 2024 | 824 | $46.7B | MRK, T, CMCSA, VZ, JNJ |
| Q2 2024 | 863 | $45.6B | MRK, XOM, CMCSA, T, VZ |
| Q1 2024 | 866 | $48.3B | MRK, CMCSA, XOM, DELL, VZ |