Champions of the Copa Libertadores\n\n Since its inception, Argentina's leading sides have enjoyed the most success with Independiente winning seven titles and Boca Juniors on six. Brazil's club sides have also performed very well with Sao Paulo, Palmeiras, Santos, Gremio, and Flamengo all winning three titles. Boca Juniors have lost the most finals, having lost on six occasions. Overall, 26 clubs have won the competition since its inception in 1960. Clubs from Argentina have won the most Copas Libertadores, with 25 titles among them. Brazilian clubs are second with 23 victories, and Uruguayan clubs are third with 8.
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