Filed: 8/13/2025ACC: 0001041062-25-000152
📋 What this filing means
BRANDES INVESTMENT PARTNERS, LP filed this quarterly 13F‑HR report disclosing 181 equity positions with a total reported market value of $11.06B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
181
Positions
$11.06B
Total AUM (reported)
337.67M
Total Shares
Allocation by class
COM$6.64B60.1%
CL A$710.99M6.4%
SPONSORED ADS$645.24M5.8%
SHS$388.26M3.5%
COM NEW$358.62M3.2%
SPONSORED ADR$314.66M2.8%
COM STK$296.87M2.7%
Portfolio Concentration
Top 3$1.04B9.4%
4–10$1.63B14.8%
11–25$2.64B23.8%
Rest$5.75B52.0%
Top 3 weight
9.4%
Top 10 weight
24.2%
Voting Authority Distribution
Total shares with voting rights: 337.67M
Sole
Full voting authority
289.30M
shares
% of voting shares85.7%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
48.38M
shares
% of voting shares14.3%
Investment Discretion (by position count)
Sole58
Shared0
Other123
Dominant voting typeSole · 85.7% of voting shares
Institutional Holdings181
Rows:
CAE INC
DFNDShares14.80M
TypeSH
Market value$433.29M
3.92%
Sole
12.25M
Shared
0.00
None
2.55M
EMBRAER S.A.
DFNDShares6.28M
TypeSH
Market value$357.15M
3.23%
Sole
6.02M
Shared
0.00
None
259.34K
GRIFOLS S A
DFNDShares28.04M
TypeSH
Market value$253.44M
2.29%
Sole
22.40M
Shared
0.00
None
5.64M
MILLICOM INTL CELLULAR S A
DFNDShares6.62M
TypeSH
Market value$248.23M
2.24%
Sole
5.03M
Shared
0.00
None
1.59M
OPEN TEXT CORP
DFNDShares8.37M
TypeSH
Market value$244.36M
2.21%
Sole
7.07M
Shared
0.00
None
1.30M
CITIGROUP INC
DFNDShares2.78M
TypeSH
Market value$236.69M
2.14%
Sole
2.61M
Shared
0.00
None
171.72K
BANK AMERICA CORP
DFNDShares4.86M
TypeSH
Market value$230.14M
2.08%
Sole
4.55M
Shared
0.00
None
311.21K
CEMEX SAB DE CV
DFNDShares32.65M
TypeSH
Market value$226.25M
2.04%
Sole
30.72M
Shared
0.00
None
1.93M
WELLS FARGO CO NEW
DFNDShares2.79M
TypeSH
Market value$223.41M
2.02%
Sole
2.62M
Shared
0.00
None
172.91K
THE CIGNA GROUP
DFNDShares674.76K
TypeSH
Market value$223.07M
2.02%
Sole
632.99K
Shared
0.00
None
41.77K
TEXTRON INC
DFNDShares2.71M
TypeSH
Market value$217.95M
1.97%
Sole
2.55M
Shared
0.00
None
168.92K
AMDOCS LTD
DFNDShares2.33M
TypeSH
Market value$212.48M
1.92%
Sole
2.19M
Shared
0.00
None
142.18K
FISERV INC
DFNDShares1.17M
TypeSH
Market value$201.03M
1.82%
Sole
1.10M
Shared
0.00
None
69.44K
COMCAST CORP NEW
DFNDShares5.57M
TypeSH
Market value$198.93M
1.80%
Sole
5.21M
Shared
0.00
None
361.06K
PFIZER INC
DFNDShares8.04M
TypeSH
Market value$194.96M
1.76%
Sole
7.53M
Shared
0.00
None
509.04K
KENNAMETAL INC
DFNDShares8.15M
TypeSH
Market value$187.22M
1.69%
Sole
5.21M
Shared
0.00
None
2.94M
SHELL PLC
DFNDShares2.53M
TypeSH
Market value$177.97M
1.61%
Sole
2.51M
Shared
0.00
None
18.59K
CORTEVA INC
DFNDShares2.34M
TypeSH
Market value$174.08M
1.57%
Sole
2.18M
Shared
0.00
None
158.17K
COGNIZANT TECHNOLOGY SOLUTIO
DFNDShares2.15M
TypeSH
Market value$168.01M
1.52%
Sole
2.02M
Shared
0.00
None
135.24K
CARDINAL HEALTH INC
DFNDShares948.99K
TypeSH
Market value$159.43M
1.44%
Sole
882.47K
Shared
0.00
None
66.53K
MERCK & CO INC
DFNDShares1.91M
TypeSH
Market value$151.37M
1.37%
Sole
1.78M
Shared
0.00
None
130.17K
VANGUARD INDEX FDS
SOLEShares850.84K
TypeSH
Market value$150.38M
1.36%
Sole
850.84K
Shared
0.00
None
0.00
BECTON DICKINSON & CO
DFNDShares871.11K
TypeSH
Market value$150.05M
1.36%
Sole
825.56K
Shared
0.00
None
45.55K
FEDEX CORP
DFNDShares658.81K
TypeSH
Market value$149.76M
1.35%
Sole
619.09K
Shared
0.00
None
39.72K
MICRON TECHNOLOGY INC
DFNDShares1.16M
TypeSH
Market value$142.83M
1.29%
Sole
1.09M
Shared
0.00
None
70.77K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CAE INCDFND | COM | 14.80M | SH | $433.29M 3.92% | 12.25M | 0.00 | 2.55M |
EMBRAER S.A.DFND | SPONSORED ADS | 6.28M | SH | $357.15M 3.23% | 6.02M | 0.00 | 259.34K |
GRIFOLS S ADFND | SP ADR REP B NVT | 28.04M | SH | $253.44M 2.29% | 22.40M | 0.00 | 5.64M |
MILLICOM INTL CELLULAR S ADFND | COM STK | 6.62M | SH | $248.23M 2.24% | 5.03M | 0.00 | 1.59M |
OPEN TEXT CORPDFND | COM | 8.37M | SH | $244.36M 2.21% | 7.07M | 0.00 | 1.30M |
CITIGROUP INCDFND | COM NEW | 2.78M | SH | $236.69M 2.14% | 2.61M | 0.00 | 171.72K |
BANK AMERICA CORPDFND | COM | 4.86M | SH | $230.14M 2.08% | 4.55M | 0.00 | 311.21K |
CEMEX SAB DE CVDFND | SPON ADR NEW | 32.65M | SH | $226.25M 2.04% | 30.72M | 0.00 | 1.93M |
WELLS FARGO CO NEWDFND | COM | 2.79M | SH | $223.41M 2.02% | 2.62M | 0.00 | 172.91K |
THE CIGNA GROUPDFND | COM | 674.76K | SH | $223.07M 2.02% | 632.99K | 0.00 | 41.77K |
TEXTRON INCDFND | COM | 2.71M | SH | $217.95M 1.97% | 2.55M | 0.00 | 168.92K |
AMDOCS LTDDFND | SHS | 2.33M | SH | $212.48M 1.92% | 2.19M | 0.00 | 142.18K |
FISERV INCDFND | COM | 1.17M | SH | $201.03M 1.82% | 1.10M | 0.00 | 69.44K |
COMCAST CORP NEWDFND | CL A | 5.57M | SH | $198.93M 1.80% | 5.21M | 0.00 | 361.06K |
PFIZER INCDFND | COM | 8.04M | SH | $194.96M 1.76% | 7.53M | 0.00 | 509.04K |
KENNAMETAL INCDFND | COM | 8.15M | SH | $187.22M 1.69% | 5.21M | 0.00 | 2.94M |
SHELL PLCDFND | SPON ADS | 2.53M | SH | $177.97M 1.61% | 2.51M | 0.00 | 18.59K |
CORTEVA INCDFND | COM | 2.34M | SH | $174.08M 1.57% | 2.18M | 0.00 | 158.17K |
COGNIZANT TECHNOLOGY SOLUTIODFND | CL A | 2.15M | SH | $168.01M 1.52% | 2.02M | 0.00 | 135.24K |
CARDINAL HEALTH INCDFND | COM | 948.99K | SH | $159.43M 1.44% | 882.47K | 0.00 | 66.53K |
MERCK & CO INCDFND | COM | 1.91M | SH | $151.37M 1.37% | 1.78M | 0.00 | 130.17K |
VANGUARD INDEX FDSSOLE | VALUE ETF | 850.84K | SH | $150.38M 1.36% | 850.84K | 0.00 | 0.00 |
BECTON DICKINSON & CODFND | COM | 871.11K | SH | $150.05M 1.36% | 825.56K | 0.00 | 45.55K |
FEDEX CORPDFND | COM | 658.81K | SH | $149.76M 1.35% | 619.09K | 0.00 | 39.72K |
MICRON TECHNOLOGY INCDFND | COM | 1.16M | SH | $142.83M 1.29% | 1.09M | 0.00 | 70.77K |
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