Brevan Howard Capital Management 13F: Cuts BWA Stake by $559K

Brevan Howard Capital Management Cuts BorgWarner Holding

Brevan Howard Capital Management reduced its position in BorgWarner Inc. (NYSE:BWA) during the period, according to a Form 13F filing with the Securities and Exchange Commission. The filing reflects holdings as of the reporting period and may not represent the fund's current share count today. Institutional investment managers submit these quarterly disclosures to show their stock ownership to the public.

Reducing the BorgWarner Investment

The fund trimmed its holdings by selling 8,484 shares during the quarter, resulting in a 10.1% decrease from its prior position. Before this reduction, the firm held 83,698 shares of the auto parts maker. At the close of the period, the remaining block of 75,214 shares carried a market value of roughly $4.96 million.

BorgWarner Shares and Market Standing

BorgWarner stock trades on the New York Stock Exchange under the ticker symbol BWA. The shares recently changed hands around $65.89. The company has a price-to-earnings ratio of 29.3, based on trailing results, and a forward P/E of 9.9. The stock has experienced a 52-week low of $40.73 and a high of $78.82.

Wall Street Analyst Views on BWA

Financial firms have actively updated their views on the auto parts manufacturer through late 2026. On October 15, 2026, B of A Securities upgraded the stock to a buy rating while lifting its price target to $85.00. Earlier, on October 7, 2026, UBS maintained a buy rating with a $91.00 target, down from $95.00. On October 6, 2026, Morgan Stanley upgraded its rating to overweight and raised its target to $95.00 from $71.00. RBC Capital initiated coverage on September 1, 2026, with an outperform rating and an 87.00 dollar price target. On August 10, 2026, JP Morgan maintained an overweight rating and raised its target to $85.00. Barclays also maintained an overweight rating on August 10, 2026, lifting its target to $85.00. TD Cowen maintained a hold rating on August 6, 2026, adjusting its target to $68.00, while Morgan Stanley maintained an equal-weight rating that same day with a target of $71.00.

Understanding BorgWarner's Business

Headquartered in Auburn Hills, Michigan, BorgWarner designs and builds components for combustion, hybrid, and electric vehicles. The business operates through four main divisions that supply turbochargers, e-boosters, battery management systems, power electronics, and charging solutions to automakers worldwide. Founded in 1928, the company employs 37,500 people and serves the global transportation sector.

Looking Ahead After the Filing

Because 13F filings look backward at past holdings, investors often review subsequent quarterly updates to see if a fund continues selling or rebuilds its stake. BorgWarner's next financial update is scheduled for October 29, 2026.