COOKE & BIELER LP

Other Low signal CIK 24386
League rank
#1520
in Other · #6172 overall
Long book
$8.84B
Q1 2026
Positions
103
Top-10 weight
26%
concentration
Last quarter
+8.5%
SPY +14.8%
Turnover
15%
of book per quarter

Strategy in plain words

auto-generated from filings

COOKE & BIELER LP is an institutional manager, running a $8.84B US long book across 103 positions.

The portfolio is moderately concentrated (top 10 ≈ 26% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: GILDAN ACTIVEWEAR INC, RENAISSANCERE HOLDINGS LTD, RB GLOBAL INC, WHITE MOUNTAINS INSURANCE GP, CROWN CASTLE INC.

Over the last 9 quarters its long book ran on average 2.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-6.7%
Q2 2024
+11.0%
Q3 2024
-4.3%
Q4 2024
-0.1%
Q1 2025
+3.1%
Q2 2025
+4.5%
Q3 2025
+0.1%
Q4 2025
+0.7%
Q1 2026
+8.5%

Sector allocation

Financials
28%
Services media
15%
Healthcare
15%
Other
12%
Industrials
9%
Energy
7%
Consumer discretionary
5%
Consumer staples
3%

Long book by quarter

$10.82B
Q1 2024
$10.39B
Q2 2024
$11.01B
Q3 2024
$10.38B
Q4 2024
$9.99B
Q1 2025
$9.99B
Q2 2025
$9.68B
Q3 2025
$9.59B
Q4 2025
$8.84B
Q1 2026

What does COOKE & own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GIL GILDAN ACTIVEWEAR INCOther6.3M$351.9M4.0%-13.0%
RNR RENAISSANCERE HOLDINGS LTDFinancials842.3K$250.4M2.8%-23.1%
RBA RB GLOBAL INCServices media2.5M$239.8M2.7%+1.9%
WTM WHITE MOUNTAINS INSURANCE GPFinancials104.9K$230.4M2.6%-1.6%
FNF FIDELITY NATIONAL FINANCIALFinancials4.8M$223.4M2.5%-6.8%
ACGL ARCH CAPITAL GROUP LTDFinancials2.2M$214.8M2.4%-15.1%
SUNB SUNBELT RENTALS HOLDINGS INCServices media2.8M$182.0M2.1%New
BDX BECTON DICKINSON AND COHealthcare1.1M$180.6M2.0%+1.9%
LH LABCORP HOLDINGS INCHealthcare674.0K$179.8M2.0%-10.5%
OMC OMNICOM GROUPServices media2.3M$172.0M1.9%-10.0%
COP CONOCOPHILLIPSEnergy1.2M$163.3M1.8%-28.2%
ARMK ARAMARKConsumer discretionary3.8M$154.0M1.7%+18.5%
CRL CHARLES RIVER LABORATORIESHealthcare867.9K$149.7M1.7%+42.9%
OXY OCCIDENTAL PETROLEUM CORPEnergy2.2M$145.4M1.6%-29.0%
BN BROOKFIELD CORPReal estate3.5M$142.5M1.6%-0.2%
DIS WALT DISNEY CO/THEServices media1.5M$139.9M1.6%+3.1%
FISV FISERV INCServices media2.5M$139.6M1.6%+13.1%
VVV VALVOLINE INCEnergy4.1M$138.7M1.6%-3.8%
MSA MSA SAFETY INCHealthcare845.5K$138.6M1.6%-6.0%
BAM BROOKFIELD ASSET MGMT-AFinancials3.1M$137.1M1.6%+54.1%
PPG PPG INDUSTRIES INCOther1.3M$137.1M1.6%-20.6%
TFX TELEFLEX INCHealthcare1.1M$136.7M1.5%-3.4%
AJG ARTHUR J GALLAGHER & COFinancials622.6K$134.8M1.5%New
INGR INGREDION INCConsumer staples1.1M$128.8M1.5%-5.3%
AER AERCAP HOLDINGS NVServices media936.3K$128.4M1.5%-10.3%
GBCI GLACIER BANCORP INCFinancials2.9M$127.8M1.4%-6.2%
WWD WOODWARD INCIndustrials346.8K$124.1M1.4%-25.1%
WMG WARNER MUSIC GROUP CORP-CL AServices media4.8M$121.8M1.4%-9.0%
HAS HASBRO INCOther1.3M$120.5M1.4%-32.3%
ESNT ESSENT GROUP LTDFinancials2.0M$116.1M1.3%+1.7%
CB CHUBB LTDFinancials349.8K$114.0M1.3%-38.1%
LKQ LKQ CORPConsumer discretionary3.7M$107.6M1.2%-8.4%
CBRE CBRE GROUP INC - AReal estate739.8K$100.2M1.1%+15.0%
VZ VERIZON COMMUNICATIONS INCCommunications1.9M$97.4M1.1%-13.6%
ESAB ESAB CORPIndustrials1.0M$97.2M1.1%+7.0%
EOG EOG RESOURCES INCEnergy667.3K$96.5M1.1%-26.5%
FUL H.B. FULLER CO.Other1.6M$96.4M1.1%-6.8%
AVY AVERY DENNISON CORPOther538.3K$92.9M1.1%-7.3%
CSL CARLISLE COS INCOther277.9K$92.7M1.0%-37.5%
TKR TIMKEN COIndustrials913.9K$91.9M1.0%-33.9%
ALLE ALLEGION PLCServices media629.8K$91.5M1.0%+43.7%
UNH UNITEDHEALTH GROUP INCFinancials337.7K$91.4M1.0%-2.1%
BAC BANK OF AMERICA CORPFinancials1.9M$91.0M1.0%-7.5%
XRAY DENTSPLY SIRONA INCHealthcare7.8M$90.5M1.0%-7.8%
KHC KRAFT HEINZ CO/THEConsumer staples3.9M$88.1M1.0%-10.4%
STT STATE STREET CORPFinancials684.3K$86.6M1.0%-25.1%
LAD LITHIA MOTORS INCConsumer discretionary346.4K$86.5M1.0%New
WAT WATERS CORPHealthcare268.9K$80.1M0.9%New
APG API GROUP CORPServices media1.8M$73.1M0.8%-6.3%
MIDD MIDDLEBY CORPIndustrials549.4K$72.8M0.8%+69.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 4, 2026152$8.84B canonicalSEC ↗
Q4 202513F-HRFeb 9, 2026150$9.59B canonicalSEC ↗
Q3 202513F-HROct 31, 2025144$9.68B canonicalSEC ↗
Q2 202513F-HRAug 4, 2025147$9.99B canonicalSEC ↗
Q1 202513F-HRMay 2, 2025147$9.99B canonicalSEC ↗
Q4 202413F-HRFeb 7, 2025144$10.38B canonicalSEC ↗
Q3 202413F-HRNov 8, 2024138$11.01B canonicalSEC ↗
Q2 202413F-HRAug 2, 2024140$10.39B canonicalSEC ↗
Q1 202413F-HRMay 10, 2024144$10.82B canonicalSEC ↗