Filed: 5/15/2025ACC: 0001041062-25-000115
📋 What this filing means
BRANDES INVESTMENT PARTNERS, LP filed this quarterly 13F‑HR report disclosing 185 equity positions with a total reported market value of $9.83B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
185
Positions
$9.83B
Total AUM (reported)
315.71M
Total Shares
Allocation by class
COM$5.94B60.4%
CL A$641.97M6.5%
SPONSORED ADS$537.25M5.5%
SHS$367.32M3.7%
COM NEW$329.93M3.4%
SPONSORED ADR$312.13M3.2%
COM STK$239.34M2.4%
Portfolio Concentration
Top 3$885.61M9.0%
4–10$1.46B14.8%
11–25$2.44B24.8%
Rest$5.05B51.4%
Top 3 weight
9.0%
Top 10 weight
23.8%
Voting Authority Distribution
Total shares with voting rights: 315.71M
Sole
Full voting authority
270.14M
shares
% of voting shares85.6%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
45.56M
shares
% of voting shares14.4%
Investment Discretion (by position count)
Sole64
Shared0
Other121
Dominant voting typeSole · 85.6% of voting shares
Institutional Holdings185
Rows:
CAE INC
DFNDShares14.17M
TypeSH
Market value$348.55M
3.54%
Sole
11.28M
Shared
0.00
None
2.89M
EMBRAER S.A.
DFNDShares6.83M
TypeSH
Market value$315.61M
3.21%
Sole
6.54M
Shared
0.00
None
288.94K
MCKESSON CORP
DFNDShares329.05K
TypeSH
Market value$221.45M
2.25%
Sole
310.66K
Shared
0.00
None
18.39K
THE CIGNA GROUP
DFNDShares671.48K
TypeSH
Market value$220.92M
2.25%
Sole
629.71K
Shared
0.00
None
41.76K
AMDOCS LTD
DFNDShares2.30M
TypeSH
Market value$210.56M
2.14%
Sole
2.16M
Shared
0.00
None
142.43K
BANK AMERICA CORP
DFNDShares4.97M
TypeSH
Market value$207.33M
2.11%
Sole
4.66M
Shared
0.00
None
311.79K
WELLS FARGO CO NEW
DFNDShares2.88M
TypeSH
Market value$206.91M
2.10%
Sole
2.71M
Shared
0.00
None
174.35K
FISERV INC
DFNDShares925.21K
TypeSH
Market value$204.31M
2.08%
Sole
871.75K
Shared
0.00
None
53.46K
COMCAST CORP NEW
DFNDShares5.52M
TypeSH
Market value$203.80M
2.07%
Sole
5.16M
Shared
0.00
None
360.92K
CITIGROUP INC
DFNDShares2.85M
TypeSH
Market value$202.43M
2.06%
Sole
2.68M
Shared
0.00
None
171.97K
MILLICOM INTL CELLULAR S A
DFNDShares6.46M
TypeSH
Market value$195.63M
1.99%
Sole
4.70M
Shared
0.00
None
1.76M
CORTEVA INC
DFNDShares2.95M
TypeSH
Market value$185.36M
1.89%
Sole
2.76M
Shared
0.00
None
186.91K
GRIFOLS S A
DFNDShares25.74M
TypeSH
Market value$183.02M
1.86%
Sole
20.20M
Shared
0.00
None
5.54M
SHELL PLC
DFNDShares2.50M
TypeSH
Market value$182.91M
1.86%
Sole
2.48M
Shared
0.00
None
18.84K
PFIZER INC
DFNDShares7.05M
TypeSH
Market value$178.65M
1.82%
Sole
6.59M
Shared
0.00
None
459.92K
COGNIZANT TECHNOLOGY SOLUTIO
DFNDShares2.23M
TypeSH
Market value$170.22M
1.73%
Sole
2.09M
Shared
0.00
None
135.46K
CEMEX SAB DE CV
DFNDShares30.31M
TypeSH
Market value$170.04M
1.73%
Sole
28.50M
Shared
0.00
None
1.81M
TEXTRON INC
DFNDShares2.26M
TypeSH
Market value$163.53M
1.66%
Sole
2.11M
Shared
0.00
None
154.07K
MERCK & CO INC
DFNDShares1.82M
TypeSH
Market value$163.03M
1.66%
Sole
1.69M
Shared
0.00
None
129.67K
OPEN TEXT CORP
DFNDShares5.86M
TypeSH
Market value$148.08M
1.51%
Sole
4.68M
Shared
0.00
None
1.18M
FEDEX CORP
DFNDShares597.54K
TypeSH
Market value$145.67M
1.48%
Sole
557.90K
Shared
0.00
None
39.65K
BANK NEW YORK MELLON CORP
DFNDShares1.72M
TypeSH
Market value$144.11M
1.47%
Sole
1.60M
Shared
0.00
None
122.74K
ARCH CAP GROUP LTD
DFNDShares1.42M
TypeSH
Market value$136.68M
1.39%
Sole
1.31M
Shared
0.00
None
116.01K
CARDINAL HEALTH INC
DFNDShares988.07K
TypeSH
Market value$136.13M
1.38%
Sole
921.37K
Shared
0.00
None
66.70K
PNC FINL SVCS GROUP INC
DFNDShares758.67K
TypeSH
Market value$133.35M
1.36%
Sole
701.51K
Shared
0.00
None
57.17K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CAE INCDFND | COM | 14.17M | SH | $348.55M 3.54% | 11.28M | 0.00 | 2.89M |
EMBRAER S.A.DFND | SPONSORED ADS | 6.83M | SH | $315.61M 3.21% | 6.54M | 0.00 | 288.94K |
MCKESSON CORPDFND | COM | 329.05K | SH | $221.45M 2.25% | 310.66K | 0.00 | 18.39K |
THE CIGNA GROUPDFND | COM | 671.48K | SH | $220.92M 2.25% | 629.71K | 0.00 | 41.76K |
AMDOCS LTDDFND | SHS | 2.30M | SH | $210.56M 2.14% | 2.16M | 0.00 | 142.43K |
BANK AMERICA CORPDFND | COM | 4.97M | SH | $207.33M 2.11% | 4.66M | 0.00 | 311.79K |
WELLS FARGO CO NEWDFND | COM | 2.88M | SH | $206.91M 2.10% | 2.71M | 0.00 | 174.35K |
FISERV INCDFND | COM | 925.21K | SH | $204.31M 2.08% | 871.75K | 0.00 | 53.46K |
COMCAST CORP NEWDFND | CL A | 5.52M | SH | $203.80M 2.07% | 5.16M | 0.00 | 360.92K |
CITIGROUP INCDFND | COM NEW | 2.85M | SH | $202.43M 2.06% | 2.68M | 0.00 | 171.97K |
MILLICOM INTL CELLULAR S ADFND | COM STK | 6.46M | SH | $195.63M 1.99% | 4.70M | 0.00 | 1.76M |
CORTEVA INCDFND | COM | 2.95M | SH | $185.36M 1.89% | 2.76M | 0.00 | 186.91K |
GRIFOLS S ADFND | SP ADR REP B NVT | 25.74M | SH | $183.02M 1.86% | 20.20M | 0.00 | 5.54M |
SHELL PLCDFND | SPON ADS | 2.50M | SH | $182.91M 1.86% | 2.48M | 0.00 | 18.84K |
PFIZER INCDFND | COM | 7.05M | SH | $178.65M 1.82% | 6.59M | 0.00 | 459.92K |
COGNIZANT TECHNOLOGY SOLUTIODFND | CL A | 2.23M | SH | $170.22M 1.73% | 2.09M | 0.00 | 135.46K |
CEMEX SAB DE CVDFND | SPON ADR NEW | 30.31M | SH | $170.04M 1.73% | 28.50M | 0.00 | 1.81M |
TEXTRON INCDFND | COM | 2.26M | SH | $163.53M 1.66% | 2.11M | 0.00 | 154.07K |
MERCK & CO INCDFND | COM | 1.82M | SH | $163.03M 1.66% | 1.69M | 0.00 | 129.67K |
OPEN TEXT CORPDFND | COM | 5.86M | SH | $148.08M 1.51% | 4.68M | 0.00 | 1.18M |
FEDEX CORPDFND | COM | 597.54K | SH | $145.67M 1.48% | 557.90K | 0.00 | 39.65K |
BANK NEW YORK MELLON CORPDFND | COM | 1.72M | SH | $144.11M 1.47% | 1.60M | 0.00 | 122.74K |
ARCH CAP GROUP LTDDFND | ORD | 1.42M | SH | $136.68M 1.39% | 1.31M | 0.00 | 116.01K |
CARDINAL HEALTH INCDFND | COM | 988.07K | SH | $136.13M 1.38% | 921.37K | 0.00 | 66.70K |
PNC FINL SVCS GROUP INCDFND | COM | 758.67K | SH | $133.35M 1.36% | 701.51K | 0.00 | 57.17K |
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