Brandywine Global Investment Management, LLC Buys Annaly Capital Management Inc, Johnson & Johnson, Marvell Technology Group, Sells Cisco Systems Inc, Honeywell International Inc, KKR Inc

• New Purchases: NLY, MDT, AVGO, AZN, SCHW, CTVA, RTN, EMR, AIG, CTSH, BA, COG, CHRW, MMM, SAVE, ST, CAH, BLDR, NLSN, ATH, AOBC, TPH, EEM, HY, WTTR, RMBS, COLB, D, FSP, COHR, SAH, CCS, PATK, NEU, LBRT, PDLB, IWC, LECO, HTH, APY, DISCK, CMT, NXPI, XEC, MOS, RYI, GLIBA, OZK, CHDN, CVU, CC, VST, BAM, BZH, WOW, HCP, HELE, HIBB, KT, MTZ, MTD, MOH, OLN, QCOM, EV, RRGB, SCHN, SBGI, DISCA, ULBI, WM, WAT, WLK, WLH, ZYXI, KOP, TEL, FFNW, GTS,
• Added Positions: JNJ, MRVL, NVDA, HAL, BLK, ZBH, CMCSA, INGR, XOM, TAP, AAL, AMAT, BAC, OC, CCK, MRK, ACGL, UNP, JAZZ, AN, FL, F, NEM, MO, KNX, URI, WYND, PM, BIO, BMY, CAT, BKNG, PG, HDS, SYF, AMTD, CVX, GT, LB, MAN, PII, LEA, CMI, BEN, PNFP, SEIC, SWKS, WBA, WGO, RDS.B, TWO, SATS, FBHS, CWH, BHF, AVX, AMWD, ABC, ANH, CBRE, CMO, CNO, DE, GD, ITW, IP, MTSC, NR, NSC, NOC, NUE, ZEUS, OMC, PH, POWL, TISI, USAP, HAYN, HOMB, TITN, INBK, HMST, HRTG, HONE, CDLX, AXAS, AYI, AEO, ASYS, APOG, AVY, BAX, BBY, ANIP, CBS, CPB, KMX, CE, CAR, COHU, CACC, RE, EXC, FMC, FBP, FBNC, FBIZ, FONR, RAIL, HAFC, HOG, HUN, JNPR, KBH, KR, LRCX, LEN, LNC, MHO, MAR, MAS, NGS, NWPX, OI, PPG, PKBK, RL, BPOP, PBH, PFG, RES, RJF, RF, RBCAA, ROK, ROG, RUSHA, SEE, LUV, SWK, TGT, UAL, UNM, GWW, WNEB, LDOS, GLRE, PZN, DAN, GPRK, TBNK, LPLA, HII, PNR, ABBV, TMHC, TSC, PFSI, FI, REPH, SPWH, FNWB, HPE, HGV, REVG, SOI, LBC, IWN, AES, AGCO, HRTX, ALK, AEP, BIG, BF.B, CNOB, CMA, CBSH, CVGI, DXC, CTB, ETM, NEE, FCFS, FCNCA, PACW, GNTX, HRB, HSIC, HXL, HUBB, LSTR, LAZ, MXIM, MOD, NVR, ORLY, ON, OII, OIS, ORI, OSK, PKG, PZZA, TPC, PWR, DGX, RHI, SAFM, SNA, TXT, THO, TOL, VIAB, WAL, WHR, AWI, CPRX, FSLR, SPR, NFBK, FTNT, CHTR, BKU, UI, GMED, COTY, CNHI, ITCI, QUOT, AKBA, BLBD, ADMS, NEOS, ICHR, ARNC, DOVA, SFIX, AQST,
• Reduced Positions: CSCO, KKR, DAL, IVZ, GM, MDLZ, MGA, BIIB, TXN, NCLH, FB, C, OXY, KMI, DD, HZNP, JPM, IR, DUK, AER, CCL, MS, BP, MRO, PFE, PSX, CDW, DHI, FCX, MET, IWD, SLB, APA, GPS, KEX, KSS, STLD, T, BRK.B, DVA, STI, ALB, AAPL, INTC, LVS, JWN, VLO, ALGT, BC, CSX, CRI, CELG, ETFC, KEY, MU, ORCL, PHM, TCF, IPGP, AXP, CNQ, COP, DCOM, HP, HBAN, MHK, NTRS, TRV, USB, CB, AFL, ALL, AZO, BBT, SAN, BK, GLW, DRQ, DY, EMN, ETN, GILD, GS, HPQ, HFC, KLAC, PNC, PGR, PRU, PEG, RCL, TROW, UPS, UTHR, EBAY, HBI, LYB, HCA, ANF, Y, PYX, HES, UHAL, AEE, AXL, AEL, AFG, ANDE, ARCH, ADM, ARTX, ARW, AROW, MTOR, ABG, VOXX, PTVCB, BXS, BOCH, BFIN, BANR, BBBY, BHE, BHLB, BWA, BPFH, EAT, BRKL, BMTC, BKE, CCNE, CBT, HLX, CALM, CAC, CCBG, CFFN, DXLG, CATY, CSFL, CVCY, CNTY, TCF, CINF, CLF, ED, CWCO, CPSS, CR, CFR, DTE, DVN, DKS, DGII, DDS, UFS, EZPW, DISH, EMKR, ECPG, EFSC, FFG, FNF, FISI, BUSE, CIVB, FCF, FDEF, THFF, FRME, FMBI, BANC, FBC, FFIC, FRD, FULT, GATX, TGNA, GCO, GPC, GSBC, GIFI, HIG, HTLF, HMN, HBNC, HURC, IBCP, IMKTA, NSIT, INTL, IBOC, IPG, JBHT, SJM, JCI, JLL, KSU, KRNY, KELYA, KEM, KMT, KTCC, KNL, TBI, LH, LBAI, LAKE, LNDC, LEE, JEF, LAD, LPX, MTB, MDC, MBI, HZO, MKL, MRLN, MCK, MBWM, MTH, MLR, MTX, NCR, NC, NDAQ, NCI, NNI, NTIP, NYCB, NBN, ES, NRIM, NWBI, OGE, GEOS, OCFC, ONB, OSBC, OPY, OFG, PCAR, ARGO, PKOH, PGC, PEBO, PLAB, PNW, PJC, PFBC, PROV, PFS, QCRH, RFIL, RBC, RNST, REX, RVSB, UBNK, RCKY, R, STBA, SSB, SANM, SCSC, SCHL, SWM, SHBI, BSRR, SBNY, SFNC, SKYW, SON, SF, AVNW, STRT, SYNL, TECD, TRC, TER, TESS, TBBK, INVA, TKR, GL, TCBK, TRST, TRMK, SPOK, AUB, GBLI, UBSI, UCFC, UFCS, UVV, UVSP, EGY, VLY, VLGEA, VSH, WRB, WDR, WAFD, GHC, WSBF, WBS, WMK, WSBC, WTBA, WTM, WSM, WEC, INT, WOR, XRX, ZION, L, AAWW, HNRG, GPRE, QRTEA, COWN, AYR, EVR, ESXB, WU, SONA, SBH, ORIT, EIG, ESSA, CNK, CAI, CLNE, GRBK, WBC, EBSB, UIHC, MOFG, IPI, RGA, CLW, H, MSGN, FIBK, VRA, HHC, WD, AMCX, MSBI, PARR, RM, HTBI, BLMN, NBHC, BERY, FSB, VOYA, CWEN.A, AMBC, LGIH, ALLY, SC, NAVI, DNOW, CFG, VEC, W, VBTX, GWB, KE, QRVO, GCI, JAX, ACBI, USFD, ATKR, DFIN, HCC, PCSB, BY, TRTN, DOW,
• Sold Out: HON, BX, DIS, TUP, KMB, RNR, FITB, SLGN, IRDM, BTU, EPC, KBR, CSL, GIII, MLHR, HUM, MSTR, HA, ODP, UVE, ARCB, CAL, GME, GBX, ISCA, TWI, SFS, VRS, FDX, AAOI, CEIX, FNHC, ADS, APC, AGX, CAE, CCJ, CTXS, MCF, DECK, EMCI, EIX, EXPD, FFIV, M, KIRK, LXU, MBTF, NANO, MD, RRD, RRC, RLH, RELL, RICK, SRI, SU, SPRT, SBOW, SNV, SYY, TEVA, TIF, WEN, UGI, UIS, UNH, ULH, INTT, ACER, VMW, MSCI, ICL, HCI, MHH, FCAU, ZVO, ASPS, RILY, GCAP, VSI, TOWR, MPC, GNE, REGI, ERA, PTLA, BRSS, BURL, TCS, SABR, VRTV, TSQ, ICD, ENVA, MCFT, FDC, EQBK, AFI, JILL, NINE,

For the details of Brandywine Global Investment Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/brandywine+global+investment+management%2C+llc/current-portfolio/portfolio

1. JPMorgan Chase & Co (JPM) - 4,273,306 shares, 3.32% of the total portfolio. Shares reduced by 5.78%
2. Citigroup Inc (C) - 5,723,299 shares, 2.78% of the total portfolio. Shares reduced by 9.36%
3. Johnson & Johnson (JNJ) - 2,640,783 shares, 2.55% of the total portfolio. Shares added by 22.70%
4. Bank of America Corporation (BAC) - 12,353,560 shares, 2.49% of the total portfolio. Shares added by 4.22%
5. Pfizer Inc (PFE) - 8,003,908 shares, 2.41% of the total portfolio. Shares reduced by 3.85%

Brandywine Global Investment Management, LLC initiated holding in Annaly Capital Management Inc. The purchase prices were between $8.81 and $10.14, with an estimated average price of $9.53. The stock is now traded at around $8.94. The impact to a portfolio due to this purchase was 0.54%. The holding were 8,577,127 shares as of .

Brandywine Global Investment Management, LLC initiated holding in Medtronic PLC. The purchase prices were between $84.15 and $99.38, with an estimated average price of $91.22. The stock is now traded at around $107.68. The impact to a portfolio due to this purchase was 0.38%. The holding were 568,627 shares as of .

Brandywine Global Investment Management, LLC initiated holding in Broadcom Inc. The purchase prices were between $251.64 and $320.53, with an estimated average price of $291.3. The stock is now traded at around $286.80. The impact to a portfolio due to this purchase was 0.33%. The holding were 166,308 shares as of .

Brandywine Global Investment Management, LLC initiated holding in AstraZeneca PLC. The purchase prices were between $37.28 and $41.68, with an estimated average price of $39.2. The stock is now traded at around $45.48. The impact to a portfolio due to this purchase was 0.3%. The holding were 1,039,764 shares as of .

Brandywine Global Investment Management, LLC initiated holding in Charles Schwab Corp. The purchase prices were between $39.15 and $46.26, with an estimated average price of $43.61. The stock is now traded at around $37.64. The impact to a portfolio due to this purchase was 0.3%. The holding were 1,077,018 shares as of .

Brandywine Global Investment Management, LLC initiated holding in Corteva Inc. The purchase prices were between $24.81 and $29.57, with an estimated average price of $27.28. The stock is now traded at around $30.68. The impact to a portfolio due to this purchase was 0.28%. The holding were 1,377,280 shares as of .

Brandywine Global Investment Management, LLC added to a holding in Johnson & Johnson by 22.70%. The purchase prices were between $131.15 and $144.24, with an estimated average price of $138.41. The stock is now traded at around $131.36. The impact to a portfolio due to this purchase was 0.47%. The holding were 2,640,783 shares as of .

Brandywine Global Investment Management, LLC added to a holding in Marvell Technology Group Ltd by 232.11%. The purchase prices were between $20.18 and $25.47, with an estimated average price of $23.36. The stock is now traded at around $24.82. The impact to a portfolio due to this purchase was 0.45%. The holding were 3,941,369 shares as of .

Brandywine Global Investment Management, LLC added to a holding in NVIDIA Corp by 83.56%. The purchase prices were between $133.78 and $192.1, with an estimated average price of $165.75. The stock is now traded at around $172.16. The impact to a portfolio due to this purchase was 0.34%. The holding were 647,476 shares as of .

Brandywine Global Investment Management, LLC added to a holding in Halliburton Co by 91.92%. The purchase prices were between $21.07 and $31.81, with an estimated average price of $25.99. The stock is now traded at around $18.75. The impact to a portfolio due to this purchase was 0.23%. The holding were 3,129,745 shares as of .

Brandywine Global Investment Management, LLC added to a holding in BlackRock Inc by 101.49%. The purchase prices were between $415.56 and $485.24, with an estimated average price of $452.3. The stock is now traded at around $422.15. The impact to a portfolio due to this purchase was 0.22%. The holding were 132,640 shares as of .

Brandywine Global Investment Management, LLC added to a holding in Zimmer Biomet Holdings Inc by 100.30%. The purchase prices were between $112.14 and $128.84, with an estimated average price of $120.53. The stock is now traded at around $137.56. The impact to a portfolio due to this purchase was 0.18%. The holding were 425,356 shares as of .

Brandywine Global Investment Management, LLC sold out a holding in Honeywell International Inc. The sale prices were between $159.97 and $176.29, with an estimated average price of $168.82.

Brandywine Global Investment Management, LLC sold out a holding in Blackstone Group Inc. The sale prices were between $34.45 and $45.04, with an estimated average price of $39.87.

Brandywine Global Investment Management, LLC sold out a holding in The Walt Disney Co. The sale prices were between $111.96 and $142.02, with an estimated average price of $132.62.

Brandywine Global Investment Management, LLC sold out a holding in Tupperware Brands Corp. The sale prices were between $18.62 and $26.86, with an estimated average price of $22.5.

Brandywine Global Investment Management, LLC sold out a holding in RenaissanceRe Holdings Ltd. The sale prices were between $142.99 and $182.93, with an estimated average price of $164.33.

Brandywine Global Investment Management, LLC sold out a holding in Kimberly-Clark Corp. The sale prices were between $121.34 and $137.79, with an estimated average price of $128.9.

Brandywine Global Investment Management, LLC reduced to a holding in Cisco Systems Inc by 86.53%. The sale prices were between $51.3 and $57.41, with an estimated average price of $55.23. The stock is now traded at around $48.71. The impact to a portfolio due to this sale was -1.52%. Brandywine Global Investment Management, LLC still held 633,728 shares as of .

Brandywine Global Investment Management, LLC reduced to a holding in KKR & Co Inc by 70.63%. The sale prices were between $22.28 and $25.27, with an estimated average price of $23.94. The stock is now traded at around $25.53. The impact to a portfolio due to this sale was -0.74%. Brandywine Global Investment Management, LLC still held 1,893,752 shares as of .

Brandywine Global Investment Management, LLC reduced to a holding in Delta Air Lines Inc by 63.52%. The sale prices were between $51.5 and $58.43, with an estimated average price of $56.04. The stock is now traded at around $58.10. The impact to a portfolio due to this sale was -0.51%. Brandywine Global Investment Management, LLC still held 823,200 shares as of .

Brandywine Global Investment Management, LLC reduced to a holding in Invesco Ltd by 99.99%. The sale prices were between $19.54 and $21.97, with an estimated average price of $20.77. The stock is now traded at around $15.56. The impact to a portfolio due to this sale was -0.41%. Brandywine Global Investment Management, LLC still held 409 shares as of .

Brandywine Global Investment Management, LLC reduced to a holding in General Motors Co by 24.8%. The sale prices were between $33.34 and $40.3, with an estimated average price of $37.5. The stock is now traded at around $37.23. The impact to a portfolio due to this sale was -0.4%. Brandywine Global Investment Management, LLC still held 4,716,937 shares as of .

Brandywine Global Investment Management, LLC reduced to a holding in Mondelez International Inc by 99.95%. The sale prices were between $49.61 and $55.48, with an estimated average price of $51.9. The stock is now traded at around $54.13. The impact to a portfolio due to this sale was -0.36%. Brandywine Global Investment Management, LLC still held 468 shares as of .