Brandywine Asset Management is an SEC-registered investment adviser based in Thornton, PA that reports managing 1 hedge fund on Form ADV. It reports $156.0 million in regulatory assets under management. Its private funds, of all types, hold $11.0 million in gross assets. Its disclosed U.S. stock holdings returned an estimated -1.9% 2026 YTD through Mar 31 (S&P 500: -4.6%), based on 13F filings. Over a longer period they returned an estimated -1.9% from Q1 2026 to Q1 2026, compared with -4.6% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $156.0 millionForm ADV Item 5.F
- Gross assets of private funds
- $11.0 millionAll private fund types, Form ADV
- Hedge funds managed
- 11 private funds in total
- Employees
- 5Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 307564
- Latest Form ADV
- 06/15/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q1 2026 | -1.9% | -4.6% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Vanguard Ftse Developed Markets ETF$29.0 million
- SPDR S&P 500 ETF TR$19.4 million
- Vanguard S&P 500 ETF$17.9 million
- Vanguard Russell 2000$15.0 million
- Ishares Core U.S. Aggregate Bond ETF$13.4 million
- Vanguard Russell 1000 Growth$11.3 million
- Vanguard Russell 1000 Value Et$9.2 million
- Vanguard Scottsdale FDS$4.3 million
- Vanguard Russ2000 Val Idx$3.9 million
- Vanguard Total Intl Bond ETF$1.4 million
As of 2026-03-31, from 13F filing by Brandywine Asset Management, Inc..
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures