Q1 2026 · 13F-HR
BRANDES INVESTMENT PARTNERS, LPholdings as filed
Filed 2026-05-15 · accession 0001015079-26-000064
$14.13B
Reported value
186
Positions
2026-03-31
Period end
The Brief · BRANDES INVESTMENT PARTNERS, LP · Q1 2026
AI · grounded in 13F
Brandes Investment Partners, LP established a new position in AJG with an investment of $151.9M. The fund also opened a new stake in EFX worth $134.6M and increased its holding in NICE by 215.3%. On the sell side, the fund closed its position in GIL, reducing its exposure by $99.9M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 124765108 | CAE | CAE INC | $413.5M | 2.93% | 15,874,667 | Common | SOLE |
| 29082A107 | EMBJ | EMBRAER S.A. | $338.5M | 2.40% | 5,703,945 | Common | SOLE |
| G02602103 | DOX | AMDOCS LTD | $303.8M | 2.15% | 4,655,087 | Common | SOLE |
| 398438408 | GRFS | GRIFOLS S A | $291.4M | 2.06% | 36,333,714 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $277.2M | 1.96% | 2,444,489 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $277.0M | 1.96% | 2,302,562 | Common | SOLE |
| 683715106 | OTEX | OPEN TEXT CORP | $269.9M | 1.91% | 12,135,998 | Common | SOLE |
| 125523100 | CI | THE CIGNA GROUP | $269.1M | 1.90% | 1,008,869 | Common | SOLE |
| 608190104 | MHK | MOHAWK INDS INC | $257.8M | 1.82% | 2,618,422 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $256.0M | 1.81% | 2,752,755 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $255.7M | 1.81% | 9,107,225 | Common | SOLE |
| 31428X106 | FDX | FEDEX CORP | $251.6M | 1.78% | 706,467 | Common | SOLE |
| 883203101 | TXT | TEXTRON INC | $248.7M | 1.76% | 2,840,753 | Common | SOLE |
| 653656108 | NICE | NICE LTD | $245.8M | 1.74% | 2,229,590 | Common | SOLE |
| 406216101 | HAL | HALLIBURTON CO | $245.3M | 1.74% | 6,291,344 | Common | SOLE |
| L6388F110 | TIGO | MILLICOM INTL CELLULAR S A | $244.4M | 1.73% | 3,261,016 | Common | SOLE |
| 075887109 | BDX | BECTON DICKINSON & CO | $238.3M | 1.69% | 1,515,604 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $222.6M | 1.58% | 4,566,877 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO & CO | $219.3M | 1.55% | 2,754,893 | Common | SOLE |
| 960413102 | WLK | WESTLAKE CORPORATION | $215.3M | 1.52% | 1,842,650 | Common | SOLE |
| 489170100 | KMT | KENNAMETAL INC | $190.2M | 1.35% | 5,265,280 | Common | SOLE |
| 192446102 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $186.7M | 1.32% | 3,042,840 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $184.6M | 1.31% | 6,429,738 | Common | SOLE |
| 428291108 | HXL | HEXCEL CORP NEW | $180.8M | 1.28% | 2,234,325 | Common | SOLE |
| 29414B104 | EPAM | EPAM SYS INC | $179.4M | 1.27% | 1,325,054 | Common | SOLE |
| 80105N105 | SNY | SANOFI SA | $179.4M | 1.27% | 3,723,100 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $172.2M | 1.22% | 868,688 | Common | SOLE |
| G0450A105 | ACGL | ARCH CAP GROUP LTD | $170.1M | 1.20% | 1,772,372 | Common | SOLE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $169.4M | 1.20% | 814,000 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $168.3M | 1.19% | 621,884 | Common | SOLE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $162.4M | 1.15% | 343,224 | Common | SOLE |
| 457651107 | INVX | INNOVEX INTERNATIONAL INC | $160.6M | 1.14% | 6,583,415 | Common | SOLE |
| G4705A100 | ICLR | ICON PLC | $158.8M | 1.12% | 1,435,053 | Common | SOLE |
| L44385109 | GLOB | GLOBANT S A | $157.9M | 1.12% | 3,424,400 | Common | SOLE |
| 363576109 | AJG | GALLAGHER ARTHUR J & CO | $151.9M | 1.07% | 701,260 | Common | SOLE |
| 58155Q103 | MCK | MCKESSON CORP | $149.3M | 1.06% | 172,487 | Common | SOLE |
| 04206A101 | ARLO | ARLO TECHNOLOGIES INC | $145.4M | 1.03% | 10,218,854 | Common | SOLE |
| 28035Q102 | EPC | EDGEWELL PERSONAL CARE CO | $143.4M | 1.02% | 6,721,077 | Common | SOLE |
| 126650100 | CVS | CVS HEALTH CORP | $141.5M | 1.00% | 1,969,801 | Common | SOLE |
| 294429105 | EFX | EQUIFAX INC | $134.6M | 0.95% | 747,201 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $132.4M | 0.94% | 391,792 | Common | SOLE |
| 291011104 | EMR | EMERSON ELEC CO | $124.9M | 0.88% | 953,506 | Common | SOLE |
| 457030104 | IMKTA | INGLES MKTS INC | $112.6M | 0.80% | 1,252,284 | Common | SOLE |
| 636274409 | NGG | NATIONAL GRID PLC | $111.0M | 0.79% | 1,312,011 | Common | SOLE |
| 337738108 | FISV | FISERV INC | $107.5M | 0.76% | 1,927,031 | Common | SOLE |
| 806857108 | SLB | SLB LIMITED | $104.9M | 0.74% | 2,042,013 | Common | SOLE |
| 151290889 | CX | CEMEX SA EURO MTN BE 144A | $104.1M | 0.74% | 9,098,991 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $101.8M | 0.72% | 353,899 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORPORATION | $100.0M | 0.71% | 483,160 | Common | SOLE |
| 981475106 | WKC | WORLD KINECT CORPORATION | $99.0M | 0.70% | 4,289,840 | Common | SOLE |
| 30034W106 | EVRG | EVERGY INC | $97.2M | 0.69% | 1,186,371 | Common | SOLE |
| 384556106 | GHM | GRAHAM CORP | $92.4M | 0.65% | 1,170,981 | Common | SOLE |
| G96629103 | WTW | WILLIS TOWERS WATSON PLC LTD | $86.9M | 0.62% | 299,036 | Common | SOLE |
| 681919106 | OMC | OMNICOM GROUP INC | $86.3M | 0.61% | 1,145,912 | Common | SOLE |
| 499049104 | KNX | KNIGHT-SWIFT TRANSN HLDGS IN | $85.5M | 0.61% | 1,485,532 | Common | SOLE |
| 698813102 | PZZA | PAPA JOHNS INTL INC | $85.3M | 0.60% | 2,632,804 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $84.2M | 0.60% | 293,577 | Common | SOLE |
| 615394202 | MOG/A | MOOG INC | $83.9M | 0.59% | 286,709 | Common | SOLE |
| P31076105 | CPA | COPA HOLDINGS SA | $83.6M | 0.59% | 736,228 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $83.6M | 0.59% | 666,113 | Common | SOLE |
| 874060205 | TAK | TAKEDA PHARMACEUTICAL CO LTD | $82.1M | 0.58% | 4,430,642 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECH HLDGS | $81.5M | 0.58% | 1,205,943 | Common | SOLE |
| 459506101 | IFF | INTERNATIONAL FLAVORS&FRAGRA | $80.2M | 0.57% | 1,105,503 | Common | SOLE |
| 37733W204 | GSK | GSK PLC | $80.2M | 0.57% | 1,453,002 | Common | SOLE |
| 803054204 | SAP | SAP SE | $79.7M | 0.56% | 465,756 | Common | SOLE |
| 71654V101 | PBR/A | PETROLEO BRASILEIRO S A | $79.4M | 0.56% | 4,235,628 | Common | SOLE |
| 02390A101 | AMX | AMERICA MOVIL SAB DE CV | $76.8M | 0.54% | 3,015,888 | Common | SOLE |
| 70014A104 | PKE | PARK AEROSPACE CORP | $76.2M | 0.54% | 2,782,337 | Common | SOLE |
| 22052L104 | CTVA | CORTEVA INC | $75.0M | 0.53% | 895,553 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $71.2M | 0.50% | 943,685 | Common | SOLE |
| 60871R209 | TAP | MOLSON COORS BEVERAGE CO | $70.6M | 0.50% | 1,639,212 | Common | SOLE |
| 87612E106 | TGT | TARGET CORP | $69.5M | 0.49% | 573,155 | Common | SOLE |
| 904708104 | UNF | UNIFIRST CORP MASS | $69.1M | 0.49% | 274,466 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $68.4M | 0.48% | 279,660 | Common | SOLE |
| 02319V103 | ABEV | AMBEV SA | $67.4M | 0.48% | 23,075,673 | Common | SOLE |
| 28414H103 | ELAN | ELANCO ANIMAL HEALTH INC | $66.5M | 0.47% | 2,778,908 | Common | SOLE |
| 64111Q104 | NTGR | NETGEAR INC | $65.6M | 0.46% | 3,001,669 | Common | SOLE |
| 504922105 | LH | LABCORP HOLDINGS INC | $65.5M | 0.46% | 245,306 | Common | SOLE |
| F92124100 | TTE | TOTALENERGIES SE | $64.7M | 0.46% | 693,857 | Common | SOLE |
| 871829107 | SYY | SYSCO CORP | $64.6M | 0.46% | 905,717 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $64.3M | 0.46% | 190,238 | Common | SOLE |
| 457187102 | INGR | INGREDION INC | $63.8M | 0.45% | 566,205 | Common | SOLE |
| 042735100 | ARW | ARROW ELECTRS INC | $61.9M | 0.44% | 431,768 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $60.1M | 0.43% | 3,484,968 | Common | SOLE |
| 603158106 | MTX | MINERALS TECHNOLOGIES INC | $59.6M | 0.42% | 840,959 | Common | SOLE |
| 01973R101 | ALSN | ALLISON TRANSMISSION HLDGS I | $58.6M | 0.41% | 500,894 | Common | SOLE |
| 68628V308 | ORN | ORION GROUP HLDGS INC | $56.2M | 0.40% | 5,159,835 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $55.1M | 0.39% | 744,099 | Common | SOLE |
| 14149Y108 | CAH | CARDINAL HEALTH INC | $54.5M | 0.39% | 257,924 | Common | SOLE |
| 500472303 | PHG | KONINKLIJKE PHILIPS N V | $54.5M | 0.39% | 1,988,923 | Common | SOLE |
| N4732M103 | JBS | JBS N.V. | $53.6M | 0.38% | 2,982,674 | Common | SOLE |
| H42097107 | UBS | UBS GROUP AG | $53.5M | 0.38% | 1,368,472 | Common | SOLE |
| 053332102 | AZO | AUTOZONE INC | $50.8M | 0.36% | 15,044 | Common | SOLE |
| 74112D101 | PBH | PRESTIGE CONSMR HEALTHCARE I | $50.6M | 0.36% | 854,119 | Common | SOLE |
| Y2573F102 | FLEX | FLEXTRONICS INTL LTD | $49.6M | 0.35% | 757,115 | Common | SOLE |
| 810186106 | SMG | SCOTTS MIRACLE-GRO CO | $49.2M | 0.35% | 808,807 | Common | SOLE |
| 501889208 | LKQ | LKQ CORP | $47.8M | 0.34% | 1,627,869 | Common | SOLE |
| 857477103 | STT | STATE STR CORP | $47.4M | 0.34% | 374,383 | Common | SOLE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $44.5M | 0.31% | 375,005 | Common | SOLE |
| 89677Q107 | TCOM | TRIP COM GROUP LTD | $43.2M | 0.31% | 867,912 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $42.8M | 0.30% | 145,662 | Common | SOLE |
| 83175M205 | SNN | SMITH & NEPHEW PLC | $42.7M | 0.30% | 1,342,198 | Common | SOLE |
| 29364G103 | ETR | ENTERGY CORP NEW | $41.7M | 0.29% | 370,712 | Common | SOLE |
| 350060109 | FSTR | FOSTER L B CO | $41.3M | 0.29% | 1,481,323 | Common | SOLE |
| 513272104 | LW | LAMB WESTON HLDGS INC | $39.8M | 0.28% | 942,284 | Common | SOLE |
| 87936R205 | VIV | TELEFONICA BRASIL SA | $39.0M | 0.28% | 2,450,386 | Common | SOLE |
| 89832Q109 | TFC | TRUIST FINL CORP | $38.3M | 0.27% | 832,427 | Common | SOLE |
| 861012102 | STM | STMICROELECTRONICS N V | $38.0M | 0.27% | 1,098,931 | Common | SOLE |
| 25243Q205 | DEO | DIAGEO PLC | $37.4M | 0.26% | 501,973 | Common | SOLE |
| 358029106 | FMS | FRESENIUS MEDICAL CARE AG | $36.3M | 0.26% | 1,610,849 | Common | SOLE |
| 74736K101 | QRVO | QORVO INC | $36.0M | 0.25% | 464,880 | Common | SOLE |
| 553530106 | MSM | MSC INDL DIRECT INC | $34.4M | 0.24% | 372,515 | Common | SOLE |
| 084423102 | WRB | BERKLEY W R CORP | $34.0M | 0.24% | 513,217 | Common | SOLE |
| N20944109 | CNH | CNH INDL N V | $29.9M | 0.21% | 2,720,192 | Common | SOLE |
| 438128308 | HMC | HONDA MOTOR CO LTD | $29.9M | 0.21% | 1,229,723 | Common | SOLE |
| 66987V109 | NVS | NOVARTIS AG | $29.0M | 0.20% | 189,570 | Common | SOLE |
| 917488108 | UTMD | UTAH MED PRODS INC | $27.9M | 0.20% | 449,279 | Common | SOLE |
| 887389104 | TKR | TIMKEN CO | $25.5M | 0.18% | 253,187 | Common | SOLE |
| 29278D105 | ENIC | ENEL CHILE SA | $23.7M | 0.17% | 6,009,907 | Common | SOLE |
| 02875D109 | AOUT | AMERICAN OUTDOOR BRANDS INC | $22.7M | 0.16% | 2,428,930 | Common | SOLE |
| 835495102 | SON | SONOCO PRODS CO | $21.8M | 0.15% | 403,630 | Common | SOLE |
| 941848103 | WAT | WATERS CORP | $20.7M | 0.15% | 69,454 | Common | SOLE |
| 624580106 | MOV | MOVADO GROUP INC | $18.1M | 0.13% | 739,192 | Common | SOLE |
| 92937A102 | WPP | WPP PLC NEW | $14.0M | 0.10% | 898,714 | Common | SOLE |
| 64110W102 | NTES | NETEASE COM INC | $12.2M | 0.09% | 109,401 | Common | SOLE |
| 807066105 | SCHL | SCHOLASTIC CORP | $11.4M | 0.08% | 291,888 | Common | SOLE |
| 44980X109 | IPGP | IPG PHOTONICS CORP | $11.1M | 0.08% | 97,092 | Common | SOLE |
| 24906P109 | XRAY | DENTSPLY SIRONA INC | $10.9M | 0.08% | 939,106 | Common | SOLE |
| 58502B106 | MD | PEDIATRIX MEDICAL GROUP INC | $10.0M | 0.07% | 465,941 | Common | SOLE |
| 447324104 | HURC | HURCO CO | $8.7M | 0.06% | 591,406 | Common | SOLE |
| 421906108 | HCSG | HEALTHCARE SVCS GROUP INC | $8.5M | 0.06% | 458,556 | Common | SOLE |
| 634865109 | NKSH | NATIONAL BANKSHARES INC VA | $7.0M | 0.05% | 193,422 | Common | SOLE |
| 76122Q105 | RGP | RESOURCES CONNECTION INC | $6.8M | 0.05% | 1,811,479 | Common | SOLE |
| 68268W103 | OMF | ONEMAIN HLDGS INC | $6.2M | 0.04% | 116,751 | Common | SOLE |
| 52634L108 | LNSR | LENSAR INC | $6.1M | 0.04% | 1,025,176 | Common | SOLE |
| 46432F834 | IXUS | ISHARES TR | $5.9M | 0.04% | 68,387 | Common | SOLE |
| 637215104 | NPK | NATIONAL PRESTO INDS INC | $5.5M | 0.04% | 40,208 | Common | SOLE |
| 98956P102 | ZBH | ZIMMER BIOMET HOLDINGS INC | $5.4M | 0.04% | 59,440 | Common | SOLE |
| 46266C105 | IQV | IQVIA HLDGS INC | $5.0M | 0.04% | 29,496 | Common | SOLE |
| G2519Y108 | BAP | CREDICORP LTD | $4.9M | 0.03% | 14,575 | Common | SOLE |
| 104674106 | BRC | BRADY CORP | $4.8M | 0.03% | 59,318 | Common | SOLE |
| 174610105 | CFG | CITIZENS FINL GROUP INC | $4.6M | 0.03% | 76,001 | Common | SOLE |
| 88706T108 | TIMB | TIM S A | $4.3M | 0.03% | 160,786 | Common | SOLE |
| 68622V106 | OGN | ORGANON & CO | $4.1M | 0.03% | 691,625 | Common | SOLE |
| 879369106 | TFX | TELEFLEX INCORPORATED | $4.0M | 0.03% | 33,109 | Common | SOLE |
| 153527205 | CENTA | CENTRAL GARDEN & PET CO | $3.9M | 0.03% | 119,994 | Common | SOLE |
| 315616102 | FFIV | F5 INC | $3.7M | 0.03% | 12,928 | Common | SOLE |
| 134429109 | CPB | THE CAMPBELLS COMPANY | $3.7M | 0.03% | 167,214 | Common | SOLE |
| 963320106 | WHR | WHIRLPOOL CORP | $3.4M | 0.02% | 62,190 | Common | SOLE |
| 824596100 | SHG | SHINHAN FINANCIAL GROUP CO L | $3.3M | 0.02% | 53,592 | Common | SOLE |
| 902494103 | TSN | TYSON FOODS INC | $3.3M | 0.02% | 51,203 | Common | SOLE |
| 784117103 | SEIC | SEI INVTS CO | $3.2M | 0.02% | 40,604 | Common | SOLE |
| 715684106 | TLK | TELEKOMUNIKASI IND | $3.1M | 0.02% | 165,762 | Common | SOLE |
| 191241108 | KOF | COCA-COLA FEMSA SAB DE CV | $3.0M | 0.02% | 30,875 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $3.0M | 0.02% | 119,206 | Common | SOLE |
| 34965K107 | FTRE | FORTREA HLDGS INC | $2.9M | 0.02% | 307,267 | Common | SOLE |
| 001084102 | AGCO | AGCO CORP | $2.9M | 0.02% | 24,922 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $2.9M | 0.02% | 26,303 | Common | SOLE |
| 422347104 | HTLD | HEARTLAND EXPRESS INC | $2.9M | 0.02% | 276,427 | Common | SOLE |
| 86959K105 | SUZ | SUZANO S A | $2.7M | 0.02% | 269,437 | Common | SOLE |
| 91307C102 | UTHR | UNITED THERAPEUTICS CORP DEL | $2.5M | 0.02% | 4,281 | Common | SOLE |
| 344419106 | FMX | FOMENTO ECONOMICO MEXICANO S | $2.5M | 0.02% | 22,647 | Common | SOLE |
| 83601L102 | SHC | SOTERA HEALTH CO | $2.4M | 0.02% | 168,223 | Common | SOLE |
| 513847103 | MZTI | MARZETTI COMPANY | $2.4M | 0.02% | 17,317 | Common | SOLE |
| 89400J107 | TRU | TRANSUNION | $2.4M | 0.02% | 34,305 | Common | SOLE |
| 205887102 | CAG | CONAGRA BRANDS INC | $2.3M | 0.02% | 148,610 | Common | SOLE |
| 053807103 | AVT | AVNET INC | $2.3M | 0.02% | 37,755 | Common | SOLE |
| 52736R102 | LEVI | LEVI STRAUSS & CO NEW | $2.3M | 0.02% | 124,693 | Common | SOLE |
| 98980A105 | ZTO | ZTO EXPRESS CAYMAN INC | $2.2M | 0.02% | 88,827 | Common | SOLE |
| 806407102 | HSIC | SCHEIN HENRY INC | $1.9M | 0.01% | 25,942 | Common | SOLE |
| 922908611 | VBR | VANGUARD INDEX FDS | $1.8M | 0.01% | 8,152 | Common | SOLE |
| 775109200 | RCI | ROGERS COMMUNICATIONS INC | $1.8M | 0.01% | 45,998 | Common | SOLE |
| 92540K109 | VTMX | VESTA REAL ESTATE CORP | $1.8M | 0.01% | 52,724 | Common | SOLE |
| 680223104 | ORI | OLD REP INTL CORP | $1.6M | 0.01% | 40,452 | Common | SOLE |
| G9618E107 | WTM | WHITE MTNS INS GROUP LTD | $1.5M | 0.01% | 698 | Common | SOLE |
| 515098101 | LSTR | LANDSTAR SYS INC | $1.5M | 0.01% | 9,370 | Common | SOLE |
| 26942G100 | EBMT | EAGLE BANCORP MONT INC | $1.3M | 0.01% | 64,963 | Common | SOLE |
| 922042742 | VT | VANGUARD INTL EQUITY INDEX F | $1.3M | 0.01% | 9,045 | Common | SOLE |
| 911312106 | UPS | UNITED PARCEL SVCS INC | $1.2M | 0.01% | 11,953 | Common | SOLE |
| 81211K100 | SDA | SEALED AIR CORP NEW | $971,019 | 0.01% | 23,092 | Common | SOLE |
| 952845105 | WFG | WEST FRASER TIMBER LTD | $935,279 | 0.01% | 14,325 | Common | SOLE |
| 126117100 | CNA | CNA FINL CORP | $838,683 | 0.01% | 18,264 | Common | SOLE |
| 110448107 | BTI | BRITISH AMERN TOB PLC | $587,097 | 0.00% | 10,041 | Common | SOLE |
| 922908744 | VTV | VANGUARD INDEX FDS | $303,521 | 0.00% | 1,547 | Common | SOLE |
| 606822104 | MUFG | MITSUBISHI UFJ FINANCIAL GRO | $210,288 | 0.00% | 12,392 | Common | SOLE |
| 639057207 | NWG | NATWEST GROUP PLC | $191,877 | 0.00% | 12,878 | 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.