Q4 2023 · 13F-HR
BRANDES INVESTMENT PARTNERS, LPholdings as filed
Filed 2024-02-09 · accession 0001041062-24-000026
$6.59B
Reported value
187
Positions
2023-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 29082A107 | EMBJ | EMBRAER S.A. | $324.0M | 4.92% | 17,561,848 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $207.0M | 3.14% | 4,206,536 | Common | SOLE |
| 398438408 | GRFS | GRIFOLS S A | $156.2M | 2.37% | 13,516,011 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $154.7M | 2.35% | 4,594,669 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $151.7M | 2.30% | 3,459,288 | Common | SOLE |
| 58155Q103 | MCK | MCKESSON CORP | $140.5M | 2.13% | 303,427 | Common | SOLE |
| G96629103 | WTW | WILLIS TOWERS WATSON PLC LTD | $139.6M | 2.12% | 578,663 | Common | SOLE |
| 151290889 | CX | CEMEX SAB DE CV | $138.8M | 2.11% | 17,904,843 | Common | SOLE |
| 337738108 | FISV | FISERV INC | $133.8M | 2.03% | 1,007,441 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $132.3M | 2.01% | 2,571,838 | Common | SOLE |
| 406216101 | HAL | HALLIBURTON CO | $130.3M | 1.98% | 3,604,587 | Common | SOLE |
| 125523100 | CI | THE CIGNA GROUP | $127.9M | 1.94% | 427,056 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $124.8M | 1.89% | 4,334,849 | Common | SOLE |
| G02602103 | DOX | AMDOCS LTD | $123.3M | 1.87% | 1,402,646 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $123.1M | 1.87% | 1,129,149 | Common | SOLE |
| 14149Y108 | CAH | CARDINAL HEALTH INC | $123.1M | 1.87% | 1,221,191 | Common | SOLE |
| 31428X106 | FDX | FEDEX CORP | $121.2M | 1.84% | 479,117 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $120.8M | 1.83% | 809,570 | Common | SOLE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $114.9M | 1.74% | 742,302 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $113.2M | 1.72% | 1,326,656 | Common | SOLE |
| 126650100 | CVS | CVS HEALTH CORP | $109.2M | 1.66% | 1,383,429 | Common | SOLE |
| 026874784 | AIG | AMERICAN INTL GROUP INC | $108.2M | 1.64% | 1,596,909 | Common | SOLE |
| 883203101 | TXT | TEXTRON INC | $99.4M | 1.51% | 1,235,966 | Common | SOLE |
| 192446102 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $96.2M | 1.46% | 1,273,092 | Common | SOLE |
| 68268W103 | OMF | ONEMAIN HLDGS INC | $94.3M | 1.43% | 1,916,484 | Common | SOLE |
| 22052L104 | CTVA | CORTEVA INC | $92.6M | 1.41% | 1,932,836 | Common | SOLE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $91.2M | 1.38% | 1,752,716 | Common | SOLE |
| 80105N105 | SNY | SANOFI | $88.1M | 1.34% | 1,770,572 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $85.1M | 1.29% | 500,332 | Common | SOLE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $84.9M | 1.29% | 313,746 | Common | SOLE |
| 608190104 | MHK | MOHAWK INDS INC | $84.5M | 1.28% | 816,138 | Common | SOLE |
| L6388F110 | TIGO | MILLICOM INTL CELLULAR S A | $79.1M | 1.20% | 4,393,222 | Common | SOLE |
| 291011104 | EMR | EMERSON ELEC CO | $78.1M | 1.19% | 802,035 | Common | SOLE |
| 50540R409 | LSI | LABORATORY CORP AMER HLDGS | $75.9M | 1.15% | 334,137 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $73.9M | 1.12% | 1,122,883 | Common | SOLE |
| 857477103 | STT | STATE STR CORP | $66.4M | 1.01% | 857,557 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC | $64.7M | 0.98% | 399,108 | Common | SOLE |
| H42097107 | UBS | UBS GROUP AG | $60.2M | 0.91% | 1,946,975 | Common | SOLE |
| 262037104 | DRQEUR | DRIL-QUIP INC | $59.6M | 0.90% | 2,559,568 | Common | SOLE |
| 34965K107 | FTRE | FORTREA HLDGS INC | $59.1M | 0.90% | 1,692,160 | Common | SOLE |
| Y2573F102 | FLEX | FLEX LTD | $59.0M | 0.90% | 1,936,148 | Common | SOLE |
| 981475106 | WKC | WORLD KINECT CORPORATION | $57.4M | 0.87% | 2,520,778 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $55.1M | 0.84% | 391,038 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $53.4M | 0.81% | 513,389 | Common | SOLE |
| 28414H103 | ELAN | ELANCO ANIMAL HEALTH INC | $53.2M | 0.81% | 3,567,814 | Common | SOLE |
| 64111Q104 | NTGR | NETGEAR INC | $49.7M | 0.75% | 3,405,376 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $48.5M | 0.74% | 347,411 | Common | SOLE |
| P31076105 | CPA | COPA HOLDINGS SA | $47.3M | 0.72% | 444,576 | Common | SOLE |
| 803054204 | SAP | SAP SE | $46.4M | 0.70% | 300,129 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $45.7M | 0.69% | 588,990 | Common | SOLE |
| 681919106 | OMC | OMNICOM GROUP INC | $45.6M | 0.69% | 527,543 | Common | SOLE |
| 28035Q102 | EPC | EDGEWELL PERS CARE CO | $43.8M | 0.66% | 1,195,041 | Common | SOLE |
| 04206A101 | ARLO | ARLO TECHNOLOGIES INC | $42.8M | 0.65% | 4,499,968 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $42.1M | 0.64% | 268,519 | Common | SOLE |
| 98980A105 | ZTO | ZTO EXPRESS CAYMAN INC | $41.2M | 0.63% | 1,936,787 | Common | SOLE |
| 084423102 | WRB | BERKLEY W R CORP | $40.8M | 0.62% | 577,245 | Common | SOLE |
| 37733W204 | GSK | GSK PLC | $39.5M | 0.60% | 1,065,333 | Common | SOLE |
| 615394202 | MOG/A | MOOG INC | $39.0M | 0.59% | 269,708 | Common | SOLE |
| 874060205 | TAK | TAKEDA PHARMACEUTICAL CO LTD | $37.8M | 0.57% | 2,651,265 | Common | SOLE |
| 457187102 | INGR | INGREDION INC | $37.5M | 0.57% | 345,806 | Common | SOLE |
| 89151E109 | TTEN | TOTALENERGIES SE | $37.0M | 0.56% | 549,155 | Common | SOLE |
| 053332102 | AZO | AUTOZONE INC | $36.7M | 0.56% | 14,178 | Common | SOLE |
| 71654V101 | PBR/A | PETROLEO BRASILEIRO SA PETRO | $33.6M | 0.51% | 2,199,736 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $33.1M | 0.50% | 92,718 | Common | SOLE |
| 500472303 | PHG | KONINKLIJKE PHILIPS N V | $30.0M | 0.46% | 1,285,935 | Common | SOLE |
| 83175M205 | SNN | SMITH & NEPHEW PLC | $29.9M | 0.45% | 1,095,449 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $28.8M | 0.44% | 471,606 | Common | SOLE |
| 680223104 | ORI | OLD REP INTL CORP | $28.2M | 0.43% | 957,643 | Common | SOLE |
| 35137L204 | FOX | FOX CORP | $28.1M | 0.43% | 1,015,605 | Common | SOLE |
| 92937A102 | WPP | WPP PLC NEW | $27.0M | 0.41% | 567,653 | Common | SOLE |
| 02319V103 | ABEV | AMBEV SA | $25.8M | 0.39% | 9,221,394 | Common | SOLE |
| 70014A104 | PKE | PARK AEROSPACE CORP | $24.7M | 0.38% | 1,681,353 | Common | SOLE |
| 71742Q106 | PAHC | PHIBRO ANIMAL HEALTH CORP | $24.7M | 0.37% | 2,130,107 | Common | SOLE |
| 74736K101 | QRVO | QORVO INC | $24.5M | 0.37% | 217,669 | Common | SOLE |
| 489170100 | KMT | KENNAMETAL INC | $23.0M | 0.35% | 890,034 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $22.6M | 0.34% | 447,371 | Common | SOLE |
| 683715106 | OTEX | OPEN TEXT CORP | $22.4M | 0.34% | 532,226 | Common | SOLE |
| 384556106 | GHM | GRAHAM CORP | $22.3M | 0.34% | 1,175,564 | Common | SOLE |
| G51502105 | JCI | JOHNSON CTLS INTL PLC | $22.3M | 0.34% | 386,750 | Common | SOLE |
| 89832Q109 | TFC | TRUIST FINL CORP | $21.7M | 0.33% | 588,673 | Common | SOLE |
| 05337M104 | — | AVADEL PHARMACEUTICALS PLC | $21.7M | 0.33% | 1,533,614 | Common | SOLE |
| G39108108 | GTES | GATES INDL CORP PLC | $21.3M | 0.32% | 1,585,657 | Common | SOLE |
| 87936R205 | VIV | TELEFONICA BRASIL SA | $21.0M | 0.32% | 1,917,010 | Common | SOLE |
| 606822104 | MUFG | MITSUBISHI UFJ FINL GROUP IN | $20.8M | 0.32% | 2,410,931 | Common | SOLE |
| 26874R108 | E | ENI S P A | $19.9M | 0.30% | 586,125 | Common | SOLE |
| M8737E108 | — | TARO PHARMACEUTICAL INDS LTD | $19.9M | 0.30% | 475,741 | Common | SOLE |
| 03524A108 | BUD | ANHEUSER BUSCH INBEV SA/NV | $19.5M | 0.30% | 301,882 | Common | SOLE |
| 410345102 | HN9 | HANESBRANDS INC | $19.2M | 0.29% | 4,298,017 | Common | SOLE |
| 684060106 | ORANY | ORANGE | $18.8M | 0.29% | 1,642,782 | Common | SOLE |
| 904767704 | — | UNILEVER PLC | $18.5M | 0.28% | 381,324 | Common | SOLE |
| 66987V109 | NVS | NOVARTIS AG | $17.5M | 0.27% | 173,783 | Common | SOLE |
| 68628V308 | ORN | ORION GROUP HLDGS INC | $16.5M | 0.25% | 3,335,361 | Common | SOLE |
| 438128308 | HMC | HONDA MOTOR LTD | $16.1M | 0.25% | 522,236 | Common | SOLE |
| 824596100 | SHG | SHINHAN FINANCIAL GROUP CO L | $14.9M | 0.23% | 483,643 | Common | SOLE |
| 350060109 | FSTR | FOSTER L B CO | $14.7M | 0.22% | 667,727 | Common | SOLE |
| 369550108 | GD | GENERAL DYNAMICS CORP | $13.8M | 0.21% | 53,167 | Common | SOLE |
| 06738E204 | BCS | BARCLAYS PLC | $13.8M | 0.21% | 1,750,257 | Common | SOLE |
| 055622104 | BP | BP PLC | $12.9M | 0.20% | 365,302 | Common | SOLE |
| 165167735 | EXE | CHESAPEAKE ENERGY CORP | $12.2M | 0.19% | 158,882 | Common | SOLE |
| 29278D105 | ENIC | ENEL CHILE S.A. | $11.6M | 0.18% | 3,586,182 | Common | SOLE |
| 0076CA104 | AEG | AEGON LTD | $11.1M | 0.17% | 1,922,545 | Common | SOLE |
| 848574109 | S9Q | SPIRIT AEROSYSTEMS HLDGS INC | $10.4M | 0.16% | 327,005 | Common | SOLE |
| G21082105 | CYD | CHINA YUCHAI INTL LTD | $10.3M | 0.16% | 1,232,541 | Common | SOLE |
| 294628102 | HP5A | EQUITY COMWLTH | $10.0M | 0.15% | 521,399 | Common | SOLE |
| 421906108 | HCSG | HEALTHCARE SVCS GROUP INC | $9.4M | 0.14% | 908,205 | Common | SOLE |
| 594972AE1 | MSTR 0 02/15/27 | MICROSTRATEGY INC | $9.3M | 0.14% | 10,761,000 | Common | SOLE |
| 637215104 | NPK | NATIONAL PRESTO INDS INC | $9.0M | 0.14% | 112,231 | Common | SOLE |
| 46432F834 | IXUS | ISHARES TR | $7.6M | 0.12% | 117,727 | Common | SOLE |
| 639057207 | NWG | NATWEST GROUP PLC | $7.4M | 0.11% | 1,306,605 | Common | SOLE |
| 74112D101 | PBH | PRESTIGE CONSMR HEALTHCARE I | $7.3M | 0.11% | 119,114 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $5.3M | 0.08% | 76,039 | Common | SOLE |
| 457030104 | IMKTA | INGLES MKTS INC | $5.2M | 0.08% | 60,635 | Common | SOLE |
| 447324104 | HURC | HURCO CO | $5.0M | 0.08% | 232,308 | Common | SOLE |
| 634865109 | NKSH | NATIONAL BANKSHARES INC VA | $4.6M | 0.07% | 141,045 | Common | SOLE |
| 58502B106 | MD | PEDIATRIX MEDICAL GROUP INC | $4.3M | 0.07% | 461,248 | Common | SOLE |
| 810186106 | SMG | SCOTTS MIRACLE-GRO CO | $4.1M | 0.06% | 64,893 | Common | SOLE |
| 638517102 | NWLIEUR | NATIONAL WESTN LIFE GROUP IN | $3.9M | 0.06% | 8,158 | Common | SOLE |
| 269796108 | EGRX | EAGLE PHARMACEUTICALS INC | $3.9M | 0.06% | 745,080 | Common | SOLE |
| 91307C102 | UTHR | UNITED THERAPEUTICS CORP DEL | $3.5M | 0.05% | 16,093 | Common | SOLE |
| 74051N102 | 2655957D | PREMIER INC | $3.5M | 0.05% | 155,970 | Common | SOLE |
| 88706T108 | TIMB | TIM S A | $3.4M | 0.05% | 182,703 | Common | SOLE |
| 459506101 | IFF | INTERNATIONAL FLAVORS&FRAGRA | $3.3M | 0.05% | 40,799 | Common | SOLE |
| 224633206 | CRD/A | CRAWFORD & CO | $3.3M | 0.05% | 249,357 | Common | SOLE |
| 60871R209 | TAP | MOLSON COORS BEVERAGE CO | $3.1M | 0.05% | 50,895 | Common | SOLE |
| 589400100 | MCY | MERCURY GENL CORP NEW | $3.0M | 0.05% | 79,580 | Common | SOLE |
| 83417Q204 | 0OIA | SOLARWINDS CORP | $2.9M | 0.04% | 229,586 | Common | SOLE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $2.8M | 0.04% | 69,293 | Common | SOLE |
| 05379B107 | AVA | AVISTA CORP | $2.8M | 0.04% | 78,788 | Common | SOLE |
| 917488108 | UTMD | UTAH MED PRODS INC | $2.8M | 0.04% | 32,825 | Common | SOLE |
| 904708104 | UNF | UNIFIRST CORP MASS | $2.7M | 0.04% | 14,963 | Common | SOLE |
| G2519Y108 | BAP | CREDICORP LTD | $2.6M | 0.04% | 17,634 | Common | SOLE |
| 460690100 | IPG | INTERPUBLIC GROUP COS INC | $2.6M | 0.04% | 80,161 | Common | SOLE |
| 922042742 | VT | VANGUARD INTL EQUITY INDEX F | $2.6M | 0.04% | 25,378 | Common | SOLE |
| 68622V106 | OGN | ORGANON & CO | $2.6M | 0.04% | 178,536 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $2.5M | 0.04% | 37,301 | Common | SOLE |
| 81689T104 | ASAIY | SENDAS DISTRIBUIDORA S A | $2.4M | 0.04% | 176,981 | Common | SOLE |
| 042735100 | ARW | ARROW ELECTRS INC | $2.4M | 0.04% | 19,637 | Common | SOLE |
| 922908611 | VBR | VANGUARD INDEX FDS | $2.3M | 0.04% | 12,979 | Common | SOLE |
| 02875D109 | AOUT | AMERICAN OUTDOOR BRANDS INC | $2.3M | 0.03% | 270,622 | Common | SOLE |
| 34354P105 | FLS | FLOWSERVE CORP | $2.2M | 0.03% | 54,282 | Common | SOLE |
| 404280406 | HSBC | HSBC HLDGS PLC | $2.2M | 0.03% | 54,705 | Common | SOLE |
| 071705107 | BLCO | BAUSCH PLUS LOMB CORP | $1.9M | 0.03% | 114,200 | Common | SOLE |
| 762544104 | RBBN | RIBBON COMMUNICATIONS INC | $1.9M | 0.03% | 640,945 | Common | SOLE |
| 315616102 | FFIV | F5 INC | $1.8M | 0.03% | 9,965 | Common | SOLE |
| 64110W102 | NTES | NETEASE INC | $1.7M | 0.03% | 18,166 | Common | SOLE |
| 26942G100 | EBMT | EAGLE BANCORP MONT INC | $1.6M | 0.02% | 98,505 | Common | SOLE |
| 86959K105 | SUZ | SUZANO S A | $1.4M | 0.02% | 121,586 | Common | SOLE |
| 124765108 | CAE | CAE INC | $1.1M | 0.02% | 49,366 | Common | SOLE |
| 775109200 | RCI | ROGERS COMMUNICATIONS INC | $1.0M | 0.02% | 21,810 | Common | SOLE |
| 922908744 | VTV | VANGUARD INDEX FDS | $865,904 | 0.01% | 5,792 | Common | SOLE |
| 110448107 | BTI | BRITISH AMERN TOB PLC | $821,116 | 0.01% | 28,034 | Common | SOLE |
| 52634L108 | LNSR | LENSAR INC | $795,633 | 0.01% | 226,676 | Common | SOLE |
| 922042718 | VSS | VANGUARD INTL EQUITY INDEX F | $794,052 | 0.01% | 6,903 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $712,145 | 0.01% | 21,541 | Common | SOLE |
| 830566105 | SKAA | SKECHERS U S A INC | $595,098 | 0.01% | 9,546 | Common | SOLE |
| 24906P109 | XRAY | DENTSPLY SIRONA INC | $549,652 | 0.01% | 15,444 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $542,625 | 0.01% | 1 | Common | SOLE |
| 191241108 | KOF | COCA-COLA FEMSA SAB DE CV | $482,096 | 0.01% | 5,094 | Common | SOLE |
| 74834L100 | DGX | QUEST DIAGNOSTICS INC | $446,455 | 0.01% | 3,238 | Common | SOLE |
| 174610105 | CFG | CITIZENS FINL GROUP INC | $431,085 | 0.01% | 13,008 | Common | SOLE |
| 81725T100 | SXT | SENSIENT TECHNOLOGIES CORP | $424,314 | 0.01% | 6,429 | Common | SOLE |
| 44980X109 | IPGP | IPG PHOTONICS CORP | $416,251 | 0.01% | 3,835 | Common | SOLE |
| 52736R102 | LEVI | LEVI STRAUSS & CO NEW | $392,329 | 0.01% | 23,720 | Common | SOLE |
| 784117103 | SEIC | SEI INVTS CO | $385,685 | 0.01% | 6,069 | Common | SOLE |
| 33768G107 | FCFS | FIRSTCASH HOLDINGS INC | $317,149 | 0.00% | 2,926 | Common | SOLE |
| 38500T200 | GTE | GRAN TIERRA ENERGY INC | $308,170 | 0.00% | 54,640 | Common | SOLE |
| 92343X100 | VTY | VERINT SYS INC | $298,141 | 0.00% | 11,030 | Common | SOLE |
| 053807103 | AVT | AVNET INC | $293,278 | 0.00% | 5,819 | Common | SOLE |
| 81211K100 | SDA | SEALED AIR CORP NEW | $282,519 | 0.00% | 7,736 | Common | SOLE |
| 85208M102 | SFM | SPROUTS FMRS MKT INC | $276,633 | 0.00% | 5,750 | Common | SOLE |
| 553530106 | MSM | MSC INDL DIRECT INC | $272,693 | 0.00% | 2,693 | Common | SOLE |
| 963320106 | WHR | WHIRLPOOL CORP | $266,555 | 0.00% | 2,189 | Common | SOLE |
| 89400J107 | TRU | TRANSUNION | $259,930 | 0.00% | 3,783 | Common | SOLE |
| 488152208 | KELYA | KELLY SVCS INC | $259,289 | 0.00% | 11,993 | Common | SOLE |
| 807066105 | SCHL | SCHOLASTIC CORP | $258,584 | 0.00% | 6,859 | Common | SOLE |
| 806407102 | HSIC | HENRY SCHEIN INC | $241,363 | 0.00% | 3,188 | Common | SOLE |
| 871829107 | SYY | SYSCO CORP | $238,477 | 0.00% | 3,261 | Common | SOLE |
| 128030202 | CALM | CAL MAINE FOODS INC | $235,069 | 0.00% | 4,096 | Common | SOLE |
| G9618E107 | WTM | WHITE MTNS INS GROUP LTD | $234,782 | 0.00% | 156 | Common | SOLE |
| 835495102 | SON | SONOCO PRODS CO | $232,810 | 0.00% | 4,167 | Common | SOLE |
| 56501R106 | MFC | MANULIFE FINL CORP | $215,563 | 0.00% | 9,754 | Common | SOLE |
| 134429109 | CPB | CAMPBELL SOUP CO | $214,161 | 0.00% | 4,954 | Common | SOLE |
| 98956P102 | ZBH | ZIMMER BIOMET HOLDINGS INC | $213,705 | 0.00% | 1,756 | Common | SOLE |
| 126117100 | CNA | CNA FINL CORP | $211,254 | 0.00% | 4,993 | Common | SOLE |
| 811543107 | SEB | SEABOARD CORP DEL | $207,066 | 0.00% | 58 | Common | SOLE |
| 808625107 | SAIC | SCIENCE APPLICATIONS INTL CO | $204,631 | 0.00% | 1,646 | Common | SOLE |
| 513847103 | MZTI | LANCASTER COLONY CORP | $201,332 | 0.00% | 1,210 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.