Copa Libertadores All-Time Titles: Who Has Won the Most?

Since Peñarol lifted the first-ever Copa de Campeones de América in 1960, the title has been won 65 times by clubs across nine different countries. Here's who leads the all-time list, and where the current 2026 semifinalists sit in it.

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Independiente: 7 Titles, Including an Unmatched Four-Peat

Argentina's Independiente sit alone at the top with 7 Copa Libertadores titles, a mark no other club has come close to matching. Their most remarkable feat isn't just the total — it's winning four straight editions between 1972 and 1975, still the only four-in-a-row run in the competition's history.

Independiente added two more titles in the 1960s (1964, 1965) and a final one in 1984, giving them titles across three separate decades.

Boca Juniors and Peñarol Round Out the Top Three

Boca Juniors sit second with 6 titles, won in two distinct eras: back-to-back in 1977-1978, then four more between 2000 and 2007 under a mix of Carlos Bianchi and other managers, with Juan Román Riquelme starring in three of those campaigns.

Peñarol hold third with 5 — including the very first edition in 1960, a 2-1 aggregate win over Paraguay's Olimpia. Alberto Spencer, the tournament's all-time top scorer, played the bulk of his 54-goal Libertadores career for Peñarol.

The Crowded Four-Title Club

River Plate, Estudiantes de La Plata, and Flamengo are all tied on 4 titles apiece. Flamengo is the most recent arrival to that group, becoming Brazilian football's first four-time champion with their 2025 final win over Palmeiras — a rematch of the 2021 final, which Palmeiras won.

Estudiantes reached 4 titles the hard way: their first three came as part of the sport's original three-peat (1968-1970, under the combative Osvaldo Zubeldía), then a 39-year wait before a fourth in 2009.

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Where the 2026 Semifinalists Stand

Of this year's four semifinalists, Flamengo (4 titles) and Estudiantes de La Plata (4 titles) both sit in that tied group just behind Boca and Peñarol. Palmeiras have 3 titles (1999, 2020, 2021), while Fluminense have just 1 — their breakthrough 2023 win over Boca Juniors, snapping a 121-year wait for a first continental trophy.

A Fluminense or Palmeiras title in 2026 wouldn't touch the all-time leaderboard's top spots, but either result would meaningfully reshape the mid-table picture heading into next year.

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