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Institutional Investment Manager
Brandywine Global Investment Management, LLC
Brandywine Global Investment Management, LLC (CIK: 0000829108) incorporated in Delaware, located at 1735 Market Street, Philadelphia, PA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 926 holdings with a total value of $15,745,530,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 Santander Consumer USA Holdings Inc 5,934,391 80,115,000 0.51%
52 APACHE CORP 1,261,622 80,076,000 0.51%
53 MAGNA INTL INC 1,840,851 79,893,000 0.51%
54 HONEYWELL INTL INC 678,304 78,582,000 0.50%
55 US BANCORP DEL 1,517,393 77,949,000 0.50%
56 MACYS INC 2,148,294 76,931,000 0.49%
57 UNION PAC CORP 734,095 76,111,000 0.48%
58 COMCAST CORP NEW 1,094,645 75,586,000 0.48%
59 SCRIPPS NETWORKS INTERACT IN 1,020,223 72,814,000 0.46%
60 EATON CORP PLC 1,071,325 71,876,000 0.46%
61 IPG PHOTONICS CORP 725,707 71,635,000 0.45%
62 QUALCOMM INC 1,060,806 69,165,000 0.44%
63 GOODYEAR TIRE & RUBR CO 2,192,060 67,669,000 0.43%
64 CARNIVAL CORP 1,281,723 66,727,000 0.42%
65 AECOM 1,813,783 65,950,000 0.42%
66 KOHLS 1,331,211 65,736,000 0.42%
67 TEREX CORP NEW 2,071,553 65,317,000 0.41%
68 AMERICAN INTL GROUP INC 965,325 63,046,000 0.40%
69 TARGET CORP 806,094 58,225,000 0.37%
70 AT&T INC 1,311,154 55,764,000 0.35%
71 EXPRESS SCRIPTS HLDG CO 809,861 55,711,000 0.35%
72 TWO HBRS INVT CORP 6,349,203 55,366,000 0.35%
73 PNC FINL SVCS GROUP INC 471,554 55,153,000 0.35%
74 BIOGEN INC 193,733 54,939,000 0.35%
75 GENERAL DYNAMICS CORP 311,986 53,868,000 0.34%
76 BLACKROCK INC 138,482 52,698,000 0.33%
77 EASTMAN CHEM CO 685,728 51,574,000 0.33%
78 APPLIED MATLS INC 1,495,978 48,276,000 0.31%
79 EMERSON ELEC CO 856,432 47,747,000 0.30%
80 BANK NEW YORK MELLON CORP 966,097 45,774,000 0.29%
81 OCCIDENTAL PETE CORP DEL 641,243 45,676,000 0.29%
82 MYLAN N V 1,188,022 45,324,000 0.29%
83 DUKE ENERGY CORP NEW 577,891 44,856,000 0.28%
84 DILLARDS INC 711,370 44,596,000 0.28%
85 NORWEGIAN CRUISE LINE HLDG L 1,048,228 44,582,000 0.28%
86 DISCOVER FINL SVCS 615,056 44,340,000 0.28%
87 PHILLIPS 66 509,875 44,059,000 0.28%
88 PRUDENTIAL FINL INC 396,154 41,224,000 0.26%
89 MALLINCKRODT PUB LTD CO 809,768 40,343,000 0.26%
90 HORIZON PHARMA PLC 2,491,773 40,317,000 0.26%
91 CAPITAL ONE FINL CORP 456,543 39,829,000 0.25%
92 CELGENE CORP 341,514 39,531,000 0.25%
93 CATERPILLAR INC 423,753 39,299,000 0.25%
94 CORNING INC 1,613,840 39,168,000 0.25%
95 CHICAGO BRIDGE & IRON CO N V 1,226,496 38,942,000 0.25%
96 LOUISIANA PAC CORP 2,041,761 38,651,000 0.25%
97 UNITED PARCEL SERVICE INC 312,600 35,837,000 0.23%
98 ANTHEM INC 248,891 35,784,000 0.23%
99 NORFOLK SOUTHERN CORP 311,608 33,676,000 0.21%
100 FLUOR CORP NEW 637,123 33,462,000 0.21%
Page 2 of 19

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-17-007022, filed 2017.02.14).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.