The 1995 edition of the Copa Libertadores saw Grêmio of Brazil as the champions after they defeated Atlético Nacional of Colombia in the finals.

Group stage

Group 1

Group 2

Group 3

Group 4

Group 5

Final stages

Bracket

Round of 16

First leg matches were played between April 25, 1995, and April 27, 1995. Second leg matches were played on May 3, 1995, and May 4, 1995.

Quarter-finals

First leg matches were played on July 21, 1995, and July 26, 1995. Second leg matches were played on August 2, 1995.

Semi-finals

First leg matches were played on August 9, 1995. Second leg matches were played on August 16, 1995.

Finals

First leg

Second leg

Champion

Top scorers

Source: CONMEBOL