Barrow, Hanley, Mewhinney & Strauss recently submitted their 13F filing for the second quarter of 2025, offering a glimpse into their strategic investment decisions. The firm, led by Executive Director Mr. Barrow, is based in Dallas and is renowned for its disciplined value investing approach. Mr. Barrow, a graduate of the University of South Carolina, has a notable track record, having managed the Vanguard Windsor II and Selected Value Funds, which outperformed the market with an average annual return of 9.33% over a decade ending in 2010. The firm's portfolios are characterized by below-market price-to-earnings and price-to-book ratios, coupled with above-market dividend yields, reflecting their commitment to value investing.\n\nThe firm added a total of 76 stocks, among them: the most significant addition was Capital One Financial Corp (COF, Financial), with 1,331,368 shares, accounting for 0.95% of the portfolio and a total value of $283.26 million. The second largest addition was Chevron Corp (CVX, Financial), consisting of 896,445 shares, representing approximately 0.43% of the portfolio, with a total value of $128.36 million. The third largest addition was Sensata Technologies Holding PLC (ST, Financial), with 2,880,872 shares, accounting for 0.29% of the portfolio and a total value of $86.74 million.\n\nBarrow, Hanley, Mewhinney & Strauss also increased stakes in a total of 92 stocks, among them: the most notable increase was Entegris Inc (ENTG, Financial), with an additional 3,977,842 shares, bringing the total to 7,045,804 shares. This adjustment represents a significant 129.66% increase in share count, a 1.08% impact on the current portfolio, with a total value of $568.24 million. The second largest increase was SLM Corp (SLM, Financial), with an additional 5,422,551 shares, bringing the total to 14,103,631. This adjustment represents a significant 62.46% increase in share count, with a total value of $462.46 million.\n\nThe firm completely exited 81 holdings in the second quarter of 2025, as detailed below: Discover Financial Services (DFS, Financial) was sold, with all 400,957 shares liquidated, resulting in a -0.25% impact on the portfolio. Columbia Banking System Inc (COLB, Financial) was also liquidated, with all 2,243,159 shares sold, causing a -0.2% impact on the portfolio.\n\nBarrow, Hanley, Mewhinney & Strauss also reduced positions in 78 stocks. The most significant changes include: a reduction of Elevance Health Inc (ELV, Financial) by 689,426 shares, resulting in a -54.26% decrease in shares and a -1.09% impact on the portfolio. The stock traded at an average price of $402.74 during the quarter and has returned -29.95% over the past 3 months and -20.54% year-to-date. A reduction of Jacobs Solutions Inc (J, Financial) by 1,259,655 shares, resulting in a -99.99% reduction in shares and a -0.55% impact on the portfolio. The stock traded at an average price of $123.22 during the quarter and has returned 18.35% over the past 3 months and 13.22% year-to-date.\n\nAt the end of the second quarter of 2025, Barrow, Hanley, Mewhinney & Strauss's portfolio included 313 stocks. The top holdings included 3.39% in Carnival Corp (CCL, Financial), 2.72% in Entergy Corp (ETR, Financial), 2.5% in Fidelity National Information Services Inc (FIS, Financial), 2.47% in Vertiv Holdings Co (VRT, Financial), and 2.32% in Merck & Co Inc (MRK, Financial). The holdings are mainly concentrated in all 11 industries: Technology, Financial Services, Industrials, Consumer Cyclical, Healthcare, Energy, Utilities, Real Estate, Basic Materials, Consumer Defensive, and Communication Services.\n\nThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Barrow, Hanley, Mewhinney & Strauss Reduces Stake in Elevance Health Inc by 54.26%

Barrow, Hanley, Mewhinney & Strauss, a value investing firm based in Dallas, submitted its 13F filing for the second quarter of 2025, detailing changes to its stock portfolio. The firm reduced its stake in Elevance Health Inc (ELV) by 54.26%, liquidating 689,426 shares, which represents a -1.09% impact on its portfolio. It also exited positions in Discover Financial Services and Columbia Banking System Inc, while increasing holdings in companies like Entegris Inc and SLM Corp. The firm added Capital One Financial Corp, Chevron Corp, and Sensata Technologies Holding PLC, and maintained a diversified portfolio of 313 stocks across 11 industries, including Financial Services, Technology, Healthcare, and Energy. The article emphasizes that the content is general and not tailored financial advice.