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Cooke & Bieler LP

CIK:0000024386
Asset Manager
$6B AUM
100 holdings
Philadelphia, PA, United States
Founded:1949
49 employees
Latest filing:Jun 30, 2025

Cooke & Bieler, L.P. is an independent, partner-owned institutional asset manager headquartered in Philadelphia, PA, United States. Founded in 1949, the firm specializes in domestic equity value investment and serves institutional and private wealth clients, managing approximately $5.9 billion in assets. Cooke & Bieler employs a team with long-tenured investment professionals—the firm reports 10–49 employees—with a focus on providing tailored investment solutions and deep, fundamental research for a global client base.

Investment Strategy

Cooke & Bieler employs a traditional, conservative value investment strategy focused exclusively on equities. The firm uses a long-term, bottom-up, active management approach, centered on deep fundamental research, company quality, and intrinsic value. Their process emphasizes high-quality businesses, capital preservation, and risk reduction. Portfolio construction is bottom-up, with a preference for companies facing short-term problems that are fixable, utilizing extensive management meetings and proprietary analysis. Typical holding periods are 3–5 years, and strategies include Large Cap Value, Mid Cap Value, Small Cap Value, SMID Cap Value, All Cap Value, Concentrated Value, and Balanced mandates. Portfolios are managed with discipline, with customization and tax-efficiency for high-net-worth clients.

Top Buys
V
VVVValvoline Inc
+$110.5M
X
XPOXPO Inc
+$108.2M
B
BACBank of America
+$87.8M
T
TKRThe Timken Company
+$62.3M
A
ALLEAllegion PLC
+$46.0M
Top Sells
A
AEOAmerican Eagle Outfitters
-$90.5M
F
FNFFidelity National Financial In
-$84.5M
B
BDXBecton Dickinson and Company
-$68.8M
U
UNHUnitedHealth Group
-$61.4M
C
CCICrown Castle Inc
-$59.6M

Top Holdings

G
GILGildan Activewear
+3.6%$361.0M
R
RBARB Global Inc
+3.1%$308.7M
A
AERAerCap Holdings N.V.
+3.0%$297.8M
R
RNRRenaissanceRe
+2.9%$287.6M
F
FNFFidelity National Financial In
+2.6%$262.6M

Equity Positions (100)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
G
GIL
Gildan Activewear3.61%$361.0M7,331,577$26.64$49.24+$33.7M
R
RBA
RB Global Inc3.09%$308.7M2,906,712$60.75$106.19+$1.7M
A
AER
AerCap Holdings N.V.2.98%$297.8M2,545,106$44.87$117.00+$4.3M
R
RNR
RenaissanceRe2.88%$287.6M1,183,931$204.90$242.90-$11.9M
F
FNF
Fidelity National Financial In2.63%$262.6M4,684,210$36.22$56.06-$84.5M

Industry Allocation

FIRE, MARINE & CASUALTY INSURANCE
+6.4%
STATE COMMERCIAL BANKS
+5.3%
APPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL
+3.6%
SERVICES-EQUIPMENT RENTAL & LEASING, NEC
+3.6%
WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC
+3.6%