COOKE & BIELER LP
Reported holdings as of Q3 2026, from 32 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| GILDAN ACTIVEWEAR INC | GIL | $221.7M | 5,200,323 | -0.40pp | 32q | -20.3%-$56.3M | |
| RB GLOBAL INC | RBA | $197.9M | 2,431,967 | -0.23pp | 14q | -1.9%-$3.9M | |
| RENAISSANCERE HLDGS LTD | RNR | $184.0M | 578,315 | +0.05pp | 24q | -25.5%-$63.1M | |
| WHITE MTNS INS GROUP LTD | WTM | $175.0M | 87,203 | +0.71pp | 8q | +2.4%+$4.2M | |
| ARCH CAP GROUP LTD | ACGL | $169.2M | 1,831,651 | +0.17pp | 5q | -17.5%-$35.8M | |
| SUNBELT RENTALS HOLDINGS INC | SUNB | $153.4M | 2,094,665 | +0.13pp | 3q | -21.1%-$41.1M | |
| BECTON DICKINSON CO | BDX | $152.9M | 854,452 | +0.42pp | 32q | -24.8%-$50.5M | |
| LABCORP HOLDINGS INC | LH | $151.2M | 490,641 | +0.21pp | 10q | -26.7%-$55.0M | |
| ESAB CORPORATION | ESAB | $145.0M | 2,200,682 | +0.83pp | 18q | +73.3%+$61.3M | |
| CROWN CASTLE INC | CCI | $137.3M | 2,060,322 | -0.23pp | 12q | -24.5%-$44.5M | |
| FIDELITY NATL FINL INC | FNF | $137.0M | 3,543,952 | -0.45pp | 32q | -25.7%-$47.4M | |
| PPG INDS INC | PPG | $128.5M | 1,231,884 | -0.21pp | 8q | -22.6%-$37.5M | |
| CHARLES RIV LABS INTL INC | CRL | $127.5M | 432,121 | +0.02pp | 9q | -42.8%-$95.4M | |
| OMNICOM GROUP INC | OMC | $120.9M | 1,642,016 | -0.01pp | 32q | -27.5%-$45.9M | |
| MSA SAFETY INC | MSA | $120.6M | 678,102 | +0.43pp | 10q | -6.5%-$8.4M | |
| RYMAN HOSPITALITY PPTYS INC | RHP | $115.6M | 966,928 | +0.26pp | 8q | -8.0%-$10.1M | |
| GALLAGHER ARTHUR J CO | AJG | $115.5M | 506,205 | -0.23pp | 3q | -34.2%-$60.1M | |
| TELEFLEX INCORPORATED | TFX | $112.6M | 900,561 | +0.29pp | 15q | -11.0%-$13.9M | |
| BROOKFIELD ASSET MANAGMT LTD | BAM | $107.8M | 2,417,157 | +0.11pp | 16q | -21.1%-$28.8M | |
| ALLEGION PLC | ALLE | $104.4M | 678,670 | +0.16pp | 7q | -25.8%-$36.4M | |
| DISNEY WALT CO | DIS | $102.4M | 976,217 | -0.07pp | 8q | -35.5%-$56.4M | |
| FISERV INC | FISV | $101.1M | 2,237,022 | -0.10pp | 5q | -24.8%-$33.3M | |
| OCCIDENTAL PETE CORP | OXY | $97.6M | 1,764,179 | +0.29pp | 11q | -20.5%-$25.2M | |
| CONOCOPHILLIPS | COP | $96.9M | 774,526 | +0.06pp | 14q | -36.6%-$55.9M | |
| MIDDLEBY CORP | MIDD | $96.6M | 932,553 | +0.26pp | 4q | +47.6%+$31.1M | |
| VALVOLINE INC | VVV | $95.1M | 3,156,308 | -0.09pp | 6q | -9.1%-$9.5M | |
| CBRE GROUP INC | CBRE | $94.8M | 737,916 | -0.06pp | 17q | -25.7%-$32.9M | |
| AERCAP HOLDINGS NV | AER | $93.5M | 651,665 | -0.09pp | 32q | -29.8%-$39.6M | |
| WARNER MUSIC GROUP CORP | WMG | $91.3M | 3,306,697 | -0.01pp | 16q | -28.4%-$36.3M | |
| BROOKFIELD CORP | BN | $91.0M | 2,496,727 | -0.28pp | 16q | -28.2%-$35.8M | |
| ARAMARK | ARMK | $90.5M | 1,690,085 | -0.11pp | 4q | -27.4%-$34.2M | |
| GLACIER BANCORP INC NEW | GBCI | $90.3M | 2,090,366 | +0.05pp | 32q | -8.8%-$8.7M | |
| ESSENT GROUP LTD | ESNT | $86.2M | 1,487,879 | +0.13pp | 31q | -9.8%-$9.4M | |
| AVERY DENNISON CORP | AVY | $85.9M | 503,132 | flat | 4q | -30.1%-$36.9M | |
| WOODWARD INC | WWD | $79.4M | 241,568 | -0.31pp | 32q | -23.8%-$24.8M | |
| HASBRO INC | HAS | $78.8M | 898,957 | +0.12pp | 22q | -23.4%-$24.1M | |
| API GROUP CORP | APG | $78.4M | 2,030,753 | +0.36pp | 15q | +13.6%+$9.4M | |
| UNITEDHEALTH GROUP INC | UNH | $78.3M | 213,174 | -0.37pp | 32q | -35.9%-$43.8M | |
| INGREDION INC | INGR | $75.3M | 785,849 | +0.05pp | 22q | -24.2%-$24.1M | |
| CARLISLE COS INC | CSL | $74.7M | 231,937 | -0.19pp | 7q | -28.9%-$30.3M | |
| CHUBB LIMITED | CB | $72.5M | 222,836 | -0.21pp | 32q | -35.2%-$39.4M | |
| ASBURY AUTOMOTIVE GROUP INC | ABG | $65.2M | 378,221 | - | new | NEW | |
| M & T BK CORP | MTB | $64.2M | 295,000 | +0.19pp | 16q | -1.5%-$968.3K | |
| EOG RES INC | EOG | $64.1M | 465,218 | +0.01pp | 17q | -30.0%-$27.4M | |
| ARMSTRONG WORLD INDS INC NEW | AWI | $63.5M | 392,406 | +0.57pp | 23q | +71.1%+$26.4M | |
| BANK OF AMER CORP | BAC | $62.5M | 1,148,262 | -0.23pp | 15q | -37.6%-$37.6M | |
| LKQ CORP | LKQ | $59.8M | 2,617,610 | -0.17pp | 15q | -28.2%-$23.4M | |
| INTERNATIONAL FLAVORS&FRAGRA | IFF | $53.9M | 645,778 | +0.30pp | 3q | +7.3%+$3.7M | |
| LITHIA MTRS INC | LAD | $53.2M | 182,353 | -0.19pp | 3q | -40.5%-$36.2M | |
| KRAFT HEINZ CO | KHC | $49.9M | 2,197,947 | -0.23pp | 20q | -40.7%-$34.3M | |
| MKS INC. | MKSI | $48.1M | 181,089 | -0.09pp | 30q | +9.6%+$4.2M | |
| VERIZON COMMUNICATIONS INC | VZ | $46.7M | 1,018,273 | -0.20pp | 32q | -46.7%-$40.8M | |
| ENERPAC TOOL GROUP CORP | EPAC | $45.5M | 1,305,296 | +0.18pp | 28q | +1.6%+$724.0K | |
| DENTSPLY SIRONA INC | XRAY | $45.1M | 5,089,385 | -0.14pp | 21q | -26.5%-$16.3M | |
| TETRA TECH INC NEW | TTEK | $44.6M | 1,353,243 | +0.11pp | 2q | -24.2%-$14.2M | |
| MARKEL GROUP INC | MKL | $44.3M | 25,877 | +0.05pp | 15q | -9.7%-$4.8M | |
| MEDTRONIC PLC | MDT | $41.2M | 477,037 | -0.08pp | 30q | -40.3%-$27.8M | |
| UNILEVER PLC | UL | $40.9M | 673,584 | -0.21pp | 4q | -45.3%-$33.9M | |
| CHARLES SCHWAB CORP (THE) | SCHW | $36.4M | 372,462 | -0.16pp | 29q | -45.7%-$30.6M | |
| AUTOMATIC DATA PROCESSING IN | ADP | $36.3M | 140,819 | -0.28pp | 3q | -57.2%-$48.6M | |
| TIMKEN CO | TKR | $36.0M | 308,070 | flat | 7q | -8.8%-$3.5M | |
| COLUMBIA BKG SYS INC | COLB | $34.7M | 1,214,867 | -0.01pp | 15q | -19.1%-$8.2M | |
| INTEGER HLDGS CORP | ITGR | $34.7M | 274,743 | +0.16pp | 15q | -22.3%-$9.9M | |
| PROGRESSIVE CORP | PGR | $31.1M | 150,023 | -0.09pp | 3q | -34.2%-$16.2M | |
| COMMERCE BANCSHARES INC | CBSH | $30.6M | 558,940 | +0.09pp | 32q | -5.5%-$1.8M | |
| HNI CORP | HNI | $28.3M | 624,881 | +0.07pp | 5q | -21.8%-$7.9M | |
| NXP SEMICONDUCTORS N V | NXPI | $28.2M | 118,611 | -0.34pp | 7q | -50.6%-$28.9M | |
| WINNEBAGO INDS INC | WGO | $27.4M | 1,037,909 | -0.03pp | 32q | -18.7%-$6.3M | |
| CONMED CORP | CNMD | $25.0M | 541,608 | +0.18pp | 11q | -5.6%-$1.5M | |
| CITIGROUP INC | C | $24.4M | 188,156 | -0.31pp | 8q | -56.1%-$31.1M | |
| WSFS FINL CORP | WSFS | $23.7M | 313,020 | +0.08pp | 23q | -5.2%-$1.3M | |
| BRIGHTVIEW HLDGS INC | BV | $23.1M | 2,310,933 | -0.05pp | 24q | -7.9%-$2.0M | |
| HCA Healthcare, Inc. | HCA | $22.6M | 52,882 | -0.08pp | 29q | -45.0%-$18.5M | |
| MALIBU BOATS INC | MBUU | $21.8M | 950,881 | -0.01pp | 32q | -13.9%-$3.5M | |
| JOHNSON & JOHNSON | JNJ | $21.3M | 80,499 | -0.41pp | 32q | -68.5%-$46.3M | |
| MIDERA FOOD PROCESSING INC | MFP | $19.6M | 481,199 | - | new | NEW | |
| TECNOGLASS HOLDINGS INC | TGLS | $19.5M | 550,039 | +0.01pp | 2q | HELD | |
| EPAM SYS INC | EPAM | $17.8M | 164,523 | +0.14pp | 2q | +11.3%+$1.8M | |
| VAREX IMAGING CORP | VREX | $17.4M | 944,511 | +0.15pp | 32q | -5.5%-$1.0M | |
| STEWART INFORMATION SVCS COR | STC | $17.4M | 349,448 | -0.01pp | 14q | -5.6%-$1.0M | |
| JANUS INTERNATIONAL GROUP IN | JBI | $16.4M | 4,010,765 | -0.07pp | 11q | -21.4%-$4.5M | |
| DREAM FINDERS HOMES INC | DFH | $16.2M | 1,518,544 | -0.12pp | 21q | -18.8%-$3.8M | |
| WATERS CORP | WAT | $16.0M | 36,335 | -0.66pp | 3q | -82.7%-$76.2M | |
| PERRIGO CO PLC | PRGO | $15.3M | 1,037,041 | +0.10pp | 32q | -12.8%-$2.2M | |
| RUSH ENTERPRISES INC | RUSHA | $14.9M | 325,633 | -0.01pp | 32q | -25.7%-$5.2M | |
| MASTERBRAND INC | MBC | $13.3M | 1,898,489 | -0.09pp | 4q | -25.6%-$4.6M | |
| INTERPARFUMS INC | IPAR | $13.3M | 119,580 | -0.09pp | 2q | -48.9%-$12.7M | |
| SIMPSON MFG INC | SSD | $12.8M | 74,794 | +0.04pp | 5q | +10.8%+$1.2M | |
| LOUISIANA PAC CORP | LPX | $12.5M | 194,210 | - | new | NEW | |
| BURFORD CAPITAL LIMITED | BUR | $11.3M | 2,880,725 | flat | 7q | -23.8%-$3.5M | |
| GATES INDL CORP LTD | GTES | $9.3M | 353,250 | - | new | NEW | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $1.1M | 2,290 | flat | 32q | HELD | |
| STATE STR CORP | STT | $906.3K | 5,191 | flat | 32q | -28.9%-$368.7K | |
| TE CONNECTIVITY PLC | TEL | $882.3K | 4,180 | flat | 9q | HELD | |
| ALPHABET INC | GOOGL | $769.4K | 2,236 | flat | 18q | -2.8%-$22.4K | |
| JPMORGAN CHASE & CO | JPM | $587.2K | 1,775 | flat | 32q | -5.2%-$32.1K | |
| ALPHABET INC | GOOG | $545.2K | 1,600 | flat | 13q | HELD | |
| PHILIP MORRIS INTL INC | PM | $521.5K | 2,733 | flat | 32q | HELD | |
| ATMOS ENERGY CORP | ATO | $430.5K | 2,752 | flat | 23q | HELD | |
| TJX COS INC NEW | TJX | $330.8K | 2,500 | flat | 14q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Insurance | $1.1B | 17.5% |
| Business Services | $894.1M | 14.1% |
| Industrials | $545.9M | 8.6% |
| Medical Devices | $532.2M | 8.4% |
| Retail & Consumer | $445.8M | 7.0% |
| Real Estate | $438.7M | 6.9% |
| Chemicals | $374.9M | 5.9% |
| Energy | $354.2M | 5.6% |
| Banks & Lending | $343.1M | 5.4% |
| Telecom & Media | $240.4M | 3.8% |
| Biotech & Pharma | $180.1M | 2.8% |
| Healthcare Services | $173.7M | 2.7% |
| Other sectors | $721.3M | 11.3% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2026 | -4.8% | +2.1% | -6.9% | 100% |
| Q2 2026 | +6.5% | +14.8% | -8.3% | 100% |
| Q1 2026 | -0.2% | -4.6% | +4.4% | 100% |
| Q4 2025 | -0.5% | +2.4% | -2.9% | 100% |
| Q3 2025 | +4.7% | +7.8% | -3.1% | 100% |
| Q2 2025 | +2.3% | +10.5% | -8.1% | 100% |
| Q1 2025 | -1.0% | -4.6% | +3.6% | 100% |
| Q4 2024 | -4.4% | +2.1% | -6.5% | 100% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $6.4B | 100 | 4 | 10 | 79 | 4 | 26.6% | 21 |
| Q2 2026 | $8.6B | 100 | 4 | 18 | 71 | 7 | 26.3% | 30 |
| Q1 2026 | $8.8B | 103 | 8 | 30 | 58 | 9 | 25.8% | 34 |
| Q4 2025 | $9.6B | 104 | 12 | 40 | 38 | 7 | 27.6% | 40 |
| Q3 2025 | $9.7B | 99 | 4 | 38 | 48 | 5 | 26.9% | 31 |
| Q2 2025 | $10.0B | 100 | 2 | 28 | 56 | 4 | 26.7% | 35 |
| Q1 2025 | $10.0B | 102 | 6 | 29 | 57 | 3 | 27.4% | 32 |
| Q4 2024 | $10.4B | 99 | 6 | 27 | 62 | 2 | 26.9% | 38 |
| Q3 2024 | $11.0B | 95 | 4 | 23 | 62 | 5 | 27.3% | 39 |
| Q2 2024 | $10.4B | 96 | 2 | 50 | 35 | 5 | 26.1% | 33 |
| Q1 2024 | $10.8B | 99 | 5 | 22 | 68 | 9 | 25.3% | 40 |
| Q4 2023 | $11.3B | 103 | 3 | 33 | 59 | 6 | 25.3% | 31 |
| Q3 2023 | $10.3B | 106 | 3 | 32 | 54 | 4 | 24.8% | 45 |
| Q2 2023 | $10.7B | 107 | 4 | 28 | 62 | 2 | 26.5% | 31 |
| Q1 2023 | $10.3B | 105 | 10 | 31 | 60 | 7 | 26.7% | 38 |
| Q4 2022 | $10.2B | 102 | 4 | 36 | 47 | 4 | 26.2% | 39 |
| Q3 2022 | $9.3B | 102 | 4 | 25 | 64 | 2 | 26.1% | 46 |
| Q2 2022 | $10.4B | 100 | 4 | 37 | 50 | 3 | 25.8% | 20 |
| Q1 2022 | $11.4B | 99 | 1 | 53 | 41 | 1 | 25.4% | 39 |
| Q4 2021 | $11.6B | 99 | 4 | 30 | 50 | 8 | 26.7% | 40 |
| Q3 2021 | $11.0B | 103 | 5 | 38 | 53 | 3 | 26.8% | 43 |
| Q2 2021 | $10.8B | 101 | 5 | 41 | 45 | 3 | 25.9% | 43 |
| Q1 2021 | $10.3B | 99 | 4 | 49 | 39 | 5 | 24.9% | 43 |
| Q4 2020 | $9.1B | 100 | 3 | 42 | 48 | 1 | 23.8% | 42 |
| Q3 2020 | $7.5B | 98 | 4 | 31 | 56 | 0 | 23.2% | 43 |
| Q2 2020 | $7.3B | 94 | 1 | 28 | 54 | 5 | 23.1% | 38 |
| Q1 2020 | $6.2B | 98 | 9 | 37 | 47 | 4 | 22.9% | 36 |
| Q4 2019 | $9.3B | 93 | 3 | 66 | 21 | 8 | 23.5% | 42 |
| Q3 2019 | $5.9B | 98 | 6 | 33 | 42 | 6 | 22.9% | 38 |
| Q2 2019 | $5.7B | 98 | 7 | 41 | 43 | 5 | 22.6% | 43 |
| Q1 2019 | $5.6B | 96 | 5 | 38 | 45 | 4 | 24.6% | 43 |
| Q4 2018 | $4.9B | 95 | 0 | 0 | 0 | 0 | 24.8% | 42 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.