Filed: 11/14/2025ACC: 0001015079-25-000040
📋 What this filing means
BRANDES INVESTMENT PARTNERS, LP filed this quarterly 13F‑HR report disclosing 180 equity positions with a total reported market value of $12.47B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
180
Positions
$12.47B
Total AUM (reported)
339.07M
Total Shares
Allocation by class
COM$7.87B63.1%
SPONSORED ADS$713.85M5.7%
CL A$670.12M5.4%
SHS$514.55M4.1%
COM NEW$384.54M3.1%
SPONSORED ADR$347.28M2.8%
COM STK$334.94M2.7%
Portfolio Concentration
Top 3$1.14B9.1%
4–10$1.82B14.6%
11–25$2.86B22.9%
Rest$6.65B53.3%
Top 3 weight
9.1%
Top 10 weight
23.7%
Voting Authority Distribution
Total shares with voting rights: 339.07M
Sole
Full voting authority
284.80M
shares
% of voting shares84.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
54.27M
shares
% of voting shares16.0%
Investment Discretion (by position count)
Sole55
Shared0
Other125
Dominant voting typeSole · 84.0% of voting shares
Institutional Holdings180
Rows:
CAE INC
DFNDShares14.99M
TypeSH
Market value$444.30M
3.56%
Sole
12.86M
Shared
0.00
None
2.13M
EMBRAER S.A.
DFNDShares5.88M
TypeSH
Market value$355.65M
2.85%
Sole
5.63M
Shared
0.00
None
254.31K
OPEN TEXT CORP
DFNDShares9M
TypeSH
Market value$336.40M
2.70%
Sole
7.65M
Shared
0.00
None
1.35M
GRIFOLS S A
DFNDShares29.12M
TypeSH
Market value$289.99M
2.33%
Sole
23.25M
Shared
0.00
None
5.87M
MILLICOM INTL CELLULAR S A
DFNDShares5.84M
TypeSH
Market value$283.25M
2.27%
Sole
4.55M
Shared
0.00
None
1.28M
CITIGROUP INC
DFNDShares2.62M
TypeSH
Market value$266.02M
2.13%
Sole
2.46M
Shared
0.00
None
163.06K
BANK AMERICA CORP
DFNDShares4.99M
TypeSH
Market value$257.49M
2.06%
Sole
4.69M
Shared
0.00
None
301.58K
WELLS FARGO CO NEW
DFNDShares2.92M
TypeSH
Market value$244.89M
1.96%
Sole
2.74M
Shared
0.00
None
179.97K
TEXTRON INC
DFNDShares2.87M
TypeSH
Market value$242.29M
1.94%
Sole
2.69M
Shared
0.00
None
176.84K
THE CIGNA GROUP
DFNDShares828.40K
TypeSH
Market value$238.79M
1.91%
Sole
783.49K
Shared
0.00
None
44.91K
CEMEX SAB DE CV
DFNDShares24.90M
TypeSH
Market value$223.88M
1.80%
Sole
23.54M
Shared
0.00
None
1.37M
AMDOCS LTD
DFNDShares2.64M
TypeSH
Market value$216.67M
1.74%
Sole
2.49M
Shared
0.00
None
149.24K
KENNAMETAL INC
DFNDShares10.33M
TypeSH
Market value$216.13M
1.73%
Sole
7.07M
Shared
0.00
None
3.25M
BECTON DICKINSON & CO
DFNDShares1.15M
TypeSH
Market value$215.73M
1.73%
Sole
1.08M
Shared
0.00
None
71.64K
PFIZER INC
DFNDShares8.41M
TypeSH
Market value$214.36M
1.72%
Sole
7.88M
Shared
0.00
None
534.38K
FISERV INC
DFNDShares1.60M
TypeSH
Market value$206.64M
1.66%
Sole
1.51M
Shared
0.00
None
92.46K
MERCK & CO INC
DFNDShares2.42M
TypeSH
Market value$203.34M
1.63%
Sole
2.24M
Shared
0.00
None
178.72K
SHELL PLC
DFNDShares2.57M
TypeSH
Market value$183.88M
1.47%
Sole
2.54M
Shared
0.00
None
28.56K
HALLIBURTON CO
DFNDShares7.45M
TypeSH
Market value$183.19M
1.47%
Sole
5.58M
Shared
0.00
None
1.87M
COMCAST CORP NEW
DFNDShares5.79M
TypeSH
Market value$181.77M
1.46%
Sole
5.41M
Shared
0.00
None
376.50K
FEDEX CORP
DFNDShares728.87K
TypeSH
Market value$171.88M
1.38%
Sole
686.93K
Shared
0.00
None
41.94K
HCA HEALTHCARE INC
DFNDShares401.06K
TypeSH
Market value$170.93M
1.37%
Sole
375.18K
Shared
0.00
None
25.88K
PNC FINL SVCS GROUP INC
DFNDShares784.15K
TypeSH
Market value$157.56M
1.26%
Sole
725.19K
Shared
0.00
None
58.97K
HEXCEL CORP NEW
DFNDShares2.50M
TypeSH
Market value$156.67M
1.26%
Sole
1.64M
Shared
0.00
None
859.86K
CARDINAL HEALTH INC
DFNDShares990.63K
TypeSH
Market value$155.49M
1.25%
Sole
921.94K
Shared
0.00
None
68.69K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CAE INCDFND | COM | 14.99M | SH | $444.30M 3.56% | 12.86M | 0.00 | 2.13M |
EMBRAER S.A.DFND | SPONSORED ADS | 5.88M | SH | $355.65M 2.85% | 5.63M | 0.00 | 254.31K |
OPEN TEXT CORPDFND | COM | 9M | SH | $336.40M 2.70% | 7.65M | 0.00 | 1.35M |
GRIFOLS S ADFND | SP ADR REP B NVT | 29.12M | SH | $289.99M 2.33% | 23.25M | 0.00 | 5.87M |
MILLICOM INTL CELLULAR S ADFND | COM STK | 5.84M | SH | $283.25M 2.27% | 4.55M | 0.00 | 1.28M |
CITIGROUP INCDFND | COM NEW | 2.62M | SH | $266.02M 2.13% | 2.46M | 0.00 | 163.06K |
BANK AMERICA CORPDFND | COM | 4.99M | SH | $257.49M 2.06% | 4.69M | 0.00 | 301.58K |
WELLS FARGO CO NEWDFND | COM | 2.92M | SH | $244.89M 1.96% | 2.74M | 0.00 | 179.97K |
TEXTRON INCDFND | COM | 2.87M | SH | $242.29M 1.94% | 2.69M | 0.00 | 176.84K |
THE CIGNA GROUPDFND | COM | 828.40K | SH | $238.79M 1.91% | 783.49K | 0.00 | 44.91K |
CEMEX SAB DE CVDFND | SPON ADR NEW | 24.90M | SH | $223.88M 1.80% | 23.54M | 0.00 | 1.37M |
AMDOCS LTDDFND | SHS | 2.64M | SH | $216.67M 1.74% | 2.49M | 0.00 | 149.24K |
KENNAMETAL INCDFND | COM | 10.33M | SH | $216.13M 1.73% | 7.07M | 0.00 | 3.25M |
BECTON DICKINSON & CODFND | COM | 1.15M | SH | $215.73M 1.73% | 1.08M | 0.00 | 71.64K |
PFIZER INCDFND | COM | 8.41M | SH | $214.36M 1.72% | 7.88M | 0.00 | 534.38K |
FISERV INCDFND | COM | 1.60M | SH | $206.64M 1.66% | 1.51M | 0.00 | 92.46K |
MERCK & CO INCDFND | COM | 2.42M | SH | $203.34M 1.63% | 2.24M | 0.00 | 178.72K |
SHELL PLCDFND | SPON ADS | 2.57M | SH | $183.88M 1.47% | 2.54M | 0.00 | 28.56K |
HALLIBURTON CODFND | COM | 7.45M | SH | $183.19M 1.47% | 5.58M | 0.00 | 1.87M |
COMCAST CORP NEWDFND | CL A | 5.79M | SH | $181.77M 1.46% | 5.41M | 0.00 | 376.50K |
FEDEX CORPDFND | COM | 728.87K | SH | $171.88M 1.38% | 686.93K | 0.00 | 41.94K |
HCA HEALTHCARE INCDFND | COM | 401.06K | SH | $170.93M 1.37% | 375.18K | 0.00 | 25.88K |
PNC FINL SVCS GROUP INCDFND | COM | 784.15K | SH | $157.56M 1.26% | 725.19K | 0.00 | 58.97K |
HEXCEL CORP NEWDFND | COM | 2.50M | SH | $156.67M 1.26% | 1.64M | 0.00 | 859.86K |
CARDINAL HEALTH INCDFND | COM | 990.63K | SH | $155.49M 1.25% | 921.94K | 0.00 | 68.69K |
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